The launch of Samsung’s groundbreaking Samsung 837X virtual world on Decentraland has set the price of MANA ranging as it preps for a major breakout to correct the recent pullback.
To help investors and traders who are eyeing to buy and hold the MANA coin, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to buy MANA coin
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What is Decentraland (MANA)?
Decentraland (MANA) is one of the native tokens of the Decentraland platform.
If it is the first time you are coming across Decentraland, it is a 3D virtual reality platform built on the Ethereum blockchain and overseen by the Decentraland Foundation. Users buy plots (pieces of land) and later navigate, build and monetize them.
The other token used in Decentraland is LAND. Decentraland users are required to burn MANA tokens to acquire the LAND token.
The difference between MANA and LAND is that MANA is an ERC-20 token while LAND is an ERC-721 token.
Should I buy the MANA coin today?
If you are looking for a cryptocurrency that has shown great prospects of correcting a recent pullback, then the MANA coin is a great choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
MANA price prediction
Analysts believe the continued launch of NFT projects on Decentraland including the launch of Samsung 837X is setting the stage for a major Bull Run in 2022. They believe the price of MANA could hit $5.5 before the end of the first quarter.
$MANA social media coverage
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