Decentraland’s MANA Token Price is up 10% But Buy This Metaverse Token in Presale For Better Returns
There are many who believe that the metaverse is one of the most significant trends of the decade, and one of the most important ways that retail users will be onboarded into the world of cryptocurrencies – thanks to this, there are many investors in the space who have pivoted from investing in areas like DeFi and NFTs in favour of the metaverse as they believe that they will be able to find better returns.
Major CEOs such as Mark Zuckerburg have so much conviction in this belief that he has been willing to rebrand his entire company in pursuit of this goal, with Facebook now being a subsidiary of Meta, the larger holding company.
Decentraland’s MANA is up by over 10% today
Decentraland is the OG metaverse, and one of the most significant in the space – the Decentraland metaverse has become so ubiquitous that it is often what people think of when they hear the word.
The native currency of Decentraland, MANA, is used for everything within Decentraland, whether it be buying and selling land, trading skins, or participating in the governance for the Decentraland DAO.
Now that there are some tentative signs that bullish sentiment is returning to the crypto markets, the value of MANA has begun to appreciate once more, with the price of the token now up by over 10% for the day.
New metaverse token TARO may provide better returns
However, the main problem with Decentraland from an investors perspective is the fact that it has already reached market saturation – the Decentraland metaverse is one of the largest in the space by market cap and already has the support of major institutions.
This has been made clear by the fact that Decentraland already has an entire fund allocated to it by Grayscale, in which institutions can hold the MANA token without any regulatory concerns whatsoever.
Participate in the RobotEra presale today for better returns
The team at RobotEra are selling TARO, the native currency of RobotEra, in order to fund the development of their metaverse.
Thus far, the presale has been hugely successful with the project already having raised over $700k.
The price of the TARO token is currently being sold for just $0.02, given that the presale is still in its first stage, which provides an interesting opportunity for investors who are willing to take the risk of investing in early stage projects – at the next stage of the presale, the price of the TARO token will rise to $0.025, and the price will have risen significantly higher by the final stages and when the token begins listing on centralised exchanges.
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