{"id":145150,"date":"2021-11-19T05:08:17","date_gmt":"2021-11-19T05:08:17","guid":{"rendered":"https:\/\/precoinnews.com\/?p=145150"},"modified":"2021-11-19T05:08:17","modified_gmt":"2021-11-19T05:08:17","slug":"decentraland-price-up-25-market-cap-about-to-surpass-the-1-metaverse-project","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/decentraland-price-up-25-market-cap-about-to-surpass-the-1-metaverse-project\/","title":{"rendered":"Decentraland Price Up 25%, Market Cap About to Surpass the #1 Metaverse Project"},"content":{"rendered":"

<\/p>\n

Decentraland price is up over 25% today, making it the biggest gainer on Crypto.com. With a 24 hour trading volume of $6.9 billion and a market cap of $7.4 billion, it’s clear that Decentaland is racing it’s way to the top. Let’s take a closer look at Decentraland and see why the price is rising so much.<\/strong><\/p>\n

What Is Decentraland?<\/strong><\/h4>\n

Just to make sure we’re all on the same page, Decentraland is a blockchain-based virtual metaverse, allowing users to purchase plots of lands, customize them, and interact with other users in the virtual world.<\/p>\n

<\/p>\n

Why Is Decentraland Price Rising?<\/strong><\/h4>\n

The most recent announcement when it comes to Decentraland, is their partnership with the Government of Barbados, establishing the world’s first metaverse embassy.<\/p>\n

Welcoming the government of a nation to the metaverse is a first in the crypto world. Establishing an official embassy in a virtual universe is sure to bring attention to Decentraland, and cryptocurrency in general.<\/p>\n

With a market cap of $7.4 billion, Decentraland is about to overtake one of the biggest metaverse projects, Axie Infinity, that has a market cap of $7.7 billion.<\/p>\n

Earlier today, we reported why Decentraland is the best Metaverse project on the market right now, and the recent price increase only goes to show that traders agree.<\/p>\n

With a fully functioning app open to the public since February of 2020, it only makes sense that Decentraland establishes itself as the leader in crypto’s Metaverse sector.<\/p>\n

Moreover, Decentraland already has an active community of users that’s growing every day. Below you can see just a small portion of some of the upcoming events on Decentraland:<\/p>\n

<\/p>\n

Overall, Decentraland is a great long term pick. As the Metaverse hype picks up, the leaders in the space will see the most amount of growth.<\/p>\n

As the most popular Metaverse project right now, I wouldn’t be surprised to see MANA’s price double by the end of the year.<\/p>\n

Disclosure: This is not trading or investment advice. Always do your own research before buying any cryptocurrency.<\/em><\/p>\n

Follow us on twitter\u00a0@nulltxnews\u00a0to stay up to date with the latest cryptocurrency news!<\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Decentraland price is up over 25% today,<\/p>\n","protected":false},"author":3,"featured_media":145149,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nDecentraland Price Up 25%, Market Cap About to Surpass the #1 Metaverse Project - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/decentraland-price-up-25-market-cap-about-to-surpass-the-1-metaverse-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Decentraland Price Up 25%, Market Cap About to Surpass the #1 Metaverse Project - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Decentraland price is up over 25% today,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/decentraland-price-up-25-market-cap-about-to-surpass-the-1-metaverse-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-19T05:08:17+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/11\/Decentraland-Price-Up-25-Market-Cap-About-to-Surpass-the-1-Metaverse-Project.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/decentraland-price-up-25-market-cap-about-to-surpass-the-1-metaverse-project\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/decentraland-price-up-25-market-cap-about-to-surpass-the-1-metaverse-project\/\",\"name\":\"Decentraland Price Up 25%, Market Cap About to Surpass the #1 Metaverse Project - 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