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MANABTC

Decentraland Hits A New ATH, Grows by 4370% | The MetaverseWe know Decentraland since its inception. We've been in the cryptocurrency markets since 2013. MANABTC (Decentraland) has grown over 4350% since January this year... This is aa great market. MANA is related to virtual reality/the Metaverse. What you see happening here will be repeated through the Altcoins market. Be patient and you will be rewarded with great gains, wealth & success. Yes, there is room available for additional growth. Namaste.
Long
by AlanSantana
I am very Bullish on MANA right now and I will explain whyI am very bullish on MANA right now as I am a fundamental analysist with analyzing both team, cash flow, cash distribution, and another part of the project before investing in anything. MANA is different than SAND boy with a recent boost. If you have some time to go to coinmarketcap and check the holder of MANA and SAND, you will realize top 100 holders of MANA only hold 78% MANA token (these holders include the Dev team, and I think they are the top 2 wallets with ~185mil MANA) compared to 96% SAND token. Remember, MANA has 1.8 Bil MANA tokens currently circulating with a Total of 2.1 Bil MANA tokens available (That is right, roughly 300-400 mill MANA are held by the MANA's Dev team). This is very decentralized! Compared to SAND with 800Mil token in circulation and the Dev team hold 2.2 Bil Token of SAND. You can also make a note of the MANA's price jump price from Nov 11 till Nov 15, and check the holder portfolio during this time. It shows the top 100 holders of MANA actually buy back MANA during that time to make the price jump from $2.5 to $3.6 and sell out the same MANA to make the price drop down to 2.9 during these 5 days. What happened is that people kept buying in and holding it for long rather than shortening on MANA. This is the very important key point here, the new MANA's holders majorly have an investor mentality for the long term. Since that buyback and sale from the top 100 MANA holder, the MANA price has been very stable growing up until now. The whole goal of MANA is not to make you a rich FOMO boy, but to distribute tokens to make it become more decentralized, and currently, it is the most decentralized metaverse out there with the lowest token percentage for top 100 holders. If you do the same analysis for SAND you will realize the top 100 holders in SAND and others have a very different strategy and they tend to have a longer time frame to accumulate and sell off the token. After we saw the price jump on Nov11-15, we can see how capable the MANA top 100 holders can do, however, the main point is MANA needs to be at a low price to attract more people to it. The one that is going to attract more is the real estate management companies. Within 24 hours, there was a Canadian real estate company purchased $2.5 Mil worth of land on Decentraland right on the fashion district. The article is following (you can google search it): ----------------------------------------------------------- "On Tuesday, a Canadian investment firm that focuses on decentralized finance (DeFi) called Tokens.com purchased nearly $2.5 million worth of virtual land in the platform Decentraland. Specifically, Tokens.com purchased 116 parcels of virtual land for a total of 618,000 MANA, the native currency of Decentraland, according to a company release. The company claimed the purchase represented the largest transaction of its kind to date. Tokens.com purchased the land through the virtual real estate firm Metaverse Group, which offers virtual land development services for clients. The purchase is equivalent to 6,090 square feet of physical land — which is approximately the size of 1.3 basketball courts. In mid-October, Tokens.com purchased a 50% stake in Metaverse Group for $1.68 million. Metaverse Group also sells and rents virtual land in the virtual world platforms Cryptovoxels, The Sandbox, Upland and Somnium. The purchased lots are based in Decentraland’s Fashion Street district and will be developed to accommodate the growing demand for fashion brands to showcase digital merchandise in the metaverse. “Fashion is the next massive area for growth in the metaverse,” said Sam Hamilton, Head of Content at the Decentraland Foundation, in a statement. “So it’s timely, and very exciting, that Metaverse Group has made such a decisive commitment with this land purchase in the heart of Decentraland’s fashion precinct.” Digital land is valued by the foot traffic it receives and its proximity to brands located within the metaverse, as The Block previously reported. " ----------------------------------------------------------- As you have read it throughout, accumulating MANA is actually turning out to be a good long-term investment because the real world is coming to know about MANA right now. MANA tokens will be needed for services and it is a great example of lithium/petrol in the metaverse world. Now coming back to the chart, the running price from $2.9 up until now $4 are made by major people of the community rather than the top 100 holders. It does not mean they don't think MANA is not potential, it just means they create room for accumulation before making moves. My chart has been able to predict correctly the move in the past 72 hours, so that is a good sign of my good sense lol! If MANA would be able to break the support line and run straight to $2.9 then it would be my dream as I am hoping it to drop down every day in the past 15 days. This is not financial advice and please invest responsibly!
Long
by Haizsama
7
MANA sideway before uptrendAs predicted from my previous chart, MANA would follow the upper trend without breaking the resistance. The question is when MANA would break the resistance to go above its previous ATH? SAND has surpassed $4.9/SAND, at first SAND would seem to be a good investment option. However, the top 20 holders of SAND own more than 82% of SAND, which is very insecure; while the top 20 holders of MANA total own no more than 56% MANA. In terms of investment with less whale manipulation and future for long-term investment, MANA is a good boat to choose with yearly >20% profit. Back to the graph, the next 72 hours will be critical to see how the holder of MANA responds to the others competitor such as SAND. This is not financial advice! DYOR!
Long
by Haizsama
MANA surpass ATH this weekend or not?In the past 24 hours, we saw a strong run for MANA with a huge accumulation from big investors/whale/traders. It is fascinating that MANA has been tested several times after it surpass $4.9 from its last time run (Oct 30th, 2021). The invisible hand tried to smash it down as I saw and I did think MANA would lose and bearish short time, however, it did not happen like that. MANA has tested at the $2.2 range then surpass that resistance to pass the next $3.3 resistance range to finally revisit its ATH resistance. The question is would MANA can keep up the momentum this weekend? Remember the last run when MANA started its run was on Friday, Oct 29th, 2021? MANA at that point was struggling around $1.3 to see the Saturday, Oct 30th, 2021 MANA run straight to $4.9. Would history happen again? The current market cap of MANA is $7 Billion, the next upper of MANA is Internet Computer and Axie Infinity. In my opinion, MANA is much bigger than Axie Infinity in terms of the world, community, decentralization, and Dev team. We have to ask ourselves for real, what has happened with the crypto world since the beginning of the BTC run? If BTC is the gold in the crypto world, ETH is the foundation platform then MANA is the actual interactive space for the community. It is not a matter of game or trading or not, but it has the true value that puts the ETH/GAS/LAND/MANA into 1 ecosystem that even Facebook is aiming at. Let's look at the leaderboard now besides BTC, we got LTC, XRP, DOGE, SHIB, BNB, BUSD, and BCH are competing with BTC to act as the GOLD/SILVER standard in the crypto world. Besides ETH, we got SOL and ADA are mainly the platforms fighting each other. For Defi, we got LINK, WBTC, LUNA, and AVAX. In the Metaverse, we only got MANA, AXS, and SAND are very strong competing with each other. So among the crypto world, we have seen major a lot of coins are fighting around the Coin/currency realm, then a bit of platform, then Defi, and some metaverse. But in reality, the one actually brings the chance to have a real capital market besides trading should be the Metaverse with the actual interaction of the community happened. More capital can make out of this Metaverse as it is the place for the content creators to thrive, the place for people to come and interact, the place for the need satisfied by the supply. Short, Metaverse should be the top 3 biggest market cap in near future. In my opinion, this weekend would be important as we will see if MANA can surpass its ATH or not. This will reflect how confident the MANA holders are with the token. In the long term, I have high confidence this Metaverse is going to be top 2-3 of the crypto world; The MANA should be up there in the top 10 as when institutions started to invest in Decentraland, the MANA market cap should be above $40 Bil. There will be 3 events in Decentraland this weekend and enjoy it ok? The Hourglass Presents – Saint Samuel – Live Music When: Friday, November 19 at 12:30AM Where: -70, 79 Defector Dan, Collie Pixels, AstroMojis, and Petaverse When: Saturday, November 20 at 1AM UTC Where: 31, 90 MIL-SPEC NFTs Pre Launch Bar Crawl POAP When: Sunday, November 21 at 3AM UTC Where: 0,0 This is not financial advice, you should take responsibility for your investment! Don't trust anyone's words and do your own research before investing!
Long
by Haizsama
2
MANA! Reached TPMana! Once again %%% some great %%$$$. Feel free to take some profits. I cashed out some out 4$. I moving it to SHIB. I just posted. Don’t miss out. Compound GAINS! If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Subscribe and don’t miss OUT the next research. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
COINBASE:MANAUSDLong
by JhonMontana
1
MANAUSDT , Again we failed to break the resistanceHello guys Did you be in profit these days ? According to the last analysis we published , the price was moved to the resistance to break but its not pass and the correction was started and now at this time we are again attack to the resistance to break the resistance and because of the condition of the market and many others reason it cant pass the resistance and we have some correction and again ... The kind of movement that we shown on chart can be happen for the price but be careful guys dont take SELL POSITION The trend is upward and we are only ready to buy If the price can break the resistance the new PRZ price is on our way MANA is one the powerful project that works in game base Previous analysis : Dont trade with your emotional sense Good Luck Abtin
by Abtin00
3
MANA might have a new ATHAs we recently saw how MANA is being adopted for real-world usage with Barbados nation ( a Caribbean nation) sign contract to make their ambassador on Decentraland. We are talking about a country that is currently ranked 68th out of 215 countries with huge exporting of liquor, jewellery, Cement, Orthopedic appliances. They also have quite good tourism and the top 3 strongest market exchange in the Caribbean. Short story, this country is a solid country but not a no-name. third-world country in somewhere in Africa or South America. As the Barbados ambassador project runs, more MANA would be needed to construct a real ambassador, maintaining and upgrading over time. It would possibly open a new interactive need for new travelers to access the ambassador to process visa and legal needs for tourism. From a fundamental perspective, this is a very solid good project that comes to Decentraland. Regarding the trend with Technical Analysis, we started seeing a reversal trend (red arrow). I think MANA will have a very high chance to obtain a new ATH by end of this year. Considering this is a good present from Mr. Santa Clause. This is not financial advice, and please be responsible with your investment!
Long
by Haizsama
Barbados to Establish Sovereign Territory in the DecentralandThis morning, the Caribean island Barbados just establish sovereign territory in the Decentraland! As you may have known me with the pessimistic view on Decentraland. This time, I think MANA may fly high above $5 end of this year. This is not financial advice! The article below "The tiny island nation of Barbados is taking the bold move of establishing an embassy in the metaverse. Starting with Decentraland, the crypto friendly country aims to acknowledge the first sovereign territory in the virtual realm. According to sources, Barbados sees the metaverse as the next frontier. A place to converge, learn, plan and connect with people from nations across the planet. Therefore, the embassies will provide an interaction point for metaverse travellers and allow for a tangible presence in the virtual and physical worlds. The Barbadian Ministry of Foreign Affairs signed a ground-breaking official agreement with Decentraland, resulting in the right to establish a digital embassy on the platform. Barbados’ end game is to create a network of such locations throughout the metaverse. And to this end, talks are currently underway with fellow industry pioneers, Somnium Space, among others. All of which will eventually include a teleportation portal between the different realms. Going forward, Barbados promises an “aggressive” expansion in the metaverse, providing official Barbadian locations that abide by international law, and the Vienna Convention, resulting in a unique diplomatic opportunity for Barbados, its government and its people. The first location will open as early as January 2022."
Long
by Haizsama
1
Bull vs BearThe MANA after getting a short pump has once again gone into side-way consolidation. It is interesting to see how the BTC run might affect the future of the MANA. I personally would take the perspective of Holder which prefer to see the price drop to an agreeable range for more entry opportunity. It seems we have very good support from the previous shoulder, however, I still think the bear is going to take over to push the price of MANA downward furthermore. The recent bust of Decentraland trading parcel on opensea has increased 65% and is currently ranked #14 in opensea. The reason why I mentioned this is when you go to the metaverse, there are 2 major things you need to take into consideration are cloud systems and gaming/application. As of now, people are busy buying and selling Decentraland parcels, which means not much MANA would need to be burned yet as the land are still sole in ETH and MANA token only being used to develop or buy items inside MANA metaverse. However, this bear trend is a good accumulation for new investors or people who want to enter if you missed or reinvesting. The reason is 6 months from now when MANA is actually being used and burned to develop on the parcel. Yes, that is right, I think in the current situation Decentraland is in its adoption stage before the tokens are actually being used for real purpose in the metaverse. So I drew 2 scenarios here, a bullish one is when people actually realize the usage of MANA and the power of MANA token in the metaverse; the bearish one is when the hype fades away and people put money without knowing what MANA and Decentraland are for and got their hand to burn hard. After those "to the moon" boys left and BTC run to 120K, the leftover is the true investors which are the backbone of the support lines here. This is not financial advice but merely my perspective, please be responsible with your own money!
Long
by Haizsama
MANA about to break out! - Keep an eye on this! Here's a quick Look at MANA 1 hr chart. As we can see, the price has been forming a falling wedge and we could see a break the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above falling wedge and take profits at the levels shown in the chart. Targets: 1. 3.35$ 2. 2.47$ 3. 3.75$ 4. 4$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5