Crypto markets are experiencing a battle between resistance and support. MANA token has fluctuated wildly over the past 30 days with a positive retracement from the lows of .60 cents. Time will tell if the Decentraland Metaverse token can bounce back to previous all time highs.
Decentraland’s MANA/USD price has decreased 4.16% over the past 24 hours to $1.07. This is contrary to the coins performance over the past week where it has experienced an up-trend of 48.0%, moving from $0.71 to its current price.
Chart Comparison Shows Extreme Volitility
The chart below compares the price movement and volatility for Decentraland over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
MANA Falls to # 42 for Current Market Cap
The trading volume for the coin has fallen 30.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 1.73%. This brings the circulating supply to 1.50 billion, which makes up an estimated 68.3% of its max supply of 2.19 billion. According to our data, the current market cap ranking for MANA is #42 at $1.60 billion.
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Better News: Some good things are happening in the Metaverse
AvatarLife Coming to THE Metaverse
This is a preview of the AvatarLife upcoming launch expected in late June 2022 foray into Decentraland. After reviewing the white paper it looks like some more fun and adventure is coming to THE Metaverse.
Aspirations include becoming a entertainment brand in virtual gaming, and through the architecture of the gaming parlors.
Welcome to AvatarLife Gaming Parlor
AvatarLife is the world’s first cross-platform casual game developer specializing in arcade and puzzle games. We aim to establish AvatarLife as a chain of gaming parlors in multiple platforms like Decentraland.
We want to become an entertainment brand in the world of virtual gaming and be known for our games and architecture of our parlors.
The gaming parlor will have gaming machines to offer simple, casual games to our players anywhere they go. For the time first time in Web3.0, we will give our players a chance to play-to-earn through non-gambling games.
SO, Get up! Get ready! Practice! and Win.
Join our Discord
The AvatarLife NFT Launch
We want to engage with our community and players who want to join us on this journey. As a result, we will be launching NFTs which will offer exclusive rewards to our NFT holders in our gaming parlors.
The list of rewards is dynamic and will only increase from here- but for now, some of the rewards we have for our NFT holders are
- Exclusive access to High-roller machines <3
- Additional 10-50% payout on games if the player meets the game objectives
- Governance rights – NFT holders will participate in key decisions related to our expansion strategy
- Ability to free play on gaming machines (for leisure, without paying)
- Access to buy our game NFTs and act as a gaming operator (generate passive income by owing a gaming machine)
- Access to exclusive island in our AvatarLife metaverse
- 10% of our monthly profits will be distributed to 10% of our lucky NFT holders every month
- Weekly update on business (e.g. treasury update, revenue, gaming sessions, etc)
AvatarLife is making waves and will no doubt be a welcome addition to Decentraland gaming platform.
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