Why Metaverse-Play Decentraland (MANA) Outperforms Bitcoin, Ethereum Today – Ethereum – US Dollar ($ETH)

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Ethereum-based virtual global platform Decentraland (MANA) outperformed the broader cryptocurrency market late Monday amid metaverse optimism.

Decentralized price performance timeframe % change (+/-) 24 hours 12.4% 24 hours against Bitcoin (CRYPTO: BTC) 8.1% 24 hours against Ethereum (CRYPTO: ETH) 4.1% 7 days 37, 8% 30 days -16.65%

Cumulative performance since the beginning of the year

-16.75%

Why is it moving? MANA rose alongside other Metaverse games like The Sandbox (SAND) and Enjin Coin (ENJ) at press time as the global cryptocurrency market cap held steady at $1.7 trillion. MANA gained traction among retail traders as the token trended on Stocktwits. The coin was also seen on price-tracking website CoinMarketCap.

Rapper Ice Cube offered Decentraland a “guided tour” via a tweet on Monday. The artist said visitors could catch the “coolest show in town” titled “Man vs. Machine,” which featured works by him and Trevor Jones, a traditional painter who says he’s fascinated by the collaboration between art and technology.

Want a guided tour at @decentraland?Save a date: Tuesday February 1st 5-6pm UTCYou’ll visit the coolest show in town, Man vs. Machine, with artwork by @trevorjonesart @icecube built by @V_A_L_I_A_N_T Parkour to the top – get reward Details below https://t.co/9TXo6BoXs7 pic.twitter.com/v6oshtVjVp

— Ice Cube (@icecube) January 31, 2022

Meanwhile, a Chinese New Year Carnival, hosted by Metaverse Labs, is also taking place on Decentraland.

Happy New Year of the Tiger! I wish you all a happy, healthy and prosperous Chinese New Year! https://t.co/Fg0sff2BJJ

— Decentraland (@decentraland) January 31, 2022

Read Next: Bitcoin, Ethereum, Dogecoin on the Rise – Sorry to Play Debbie Downer but Here’s Why These Analysts Refuse to Sound the Clear Alarm

Photo: Courtesy of Decentraland

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