₿ Explore the crypto world with us...

Cryptocurrency News and ContentMetaverse

MANA vs. SAND Which Is Better? , Comparison of Altcoins

As 2023 unfolds, there’s a renewed sense of optimism among cryptocurrency investors, particularly in the Metaverse space. Facebook’s rebranding to align with the Web3 transformation of the internet and the intensified Metaverse efforts by numerous companies are notable developments.

For investors looking to create a Metaverse altcoin portfolio in 2023, a key decision might involve choosing between MANA and SAND tokens. Each of these tokens has its unique aspects and potential, making the decision dependent on individual investment strategies and market research. It’s important to consider various factors, including the underlying technology, market trends, and long-term vision of each project, before making an investment decision.


MANA vs. SAND Which Is Better? , Comparison of Altcoins

Investor enthusiasm for Metaverse ‘s potential in 2022 has helped Decentraland gain a lot of attention. However, interest has waned as little progress has been made in this area, and the bear market may have made things worse. However, according to these most recent metrics, interest in MANA in particular is growing. Now the question is: how much growth has MANA grown recently and how much profit are investors making from this growth? Decentraland’s price has been rising steadily due to the recent rally. As a result of his previous indifference, he had remained inactive until recently.

However, the price of the asset has been supported positively by the recent increase in “whale” purchases. Santiment data showed that as of January 13, MANA experienced a daily increase in transactions above $100,000. When we examine the chart, we see that the average is well above 50. At the time of this writing, the number of whale transactions was already around eight. Decentraland is a virtual reality platform. Users can create, enjoy and monetize content and applications in this decentralized, open world environment. Games, social networks and other applications created by users are all possible on the platform. Decentraland’s in-game currency is called MANA and is used to buy things like land and services. Moreover, annual token inflation is around 3% and the possibility of price drop due to supply shock is also weak for MANA. The largest metaverse altcoin by market capitalization is generallyIt became the MANA Token .

MANA vs. SAND Which Is Better? , Comparison of Altcoins

The scenario is somewhat different for SAND Token, particularly regarding token inflation. This year, SAND Token’s inflation rate is around 20%. The substantial growth in its circulating supply could potentially decrease the value of each SAND token, even if the market capitalization increases.

Recent data indicates that the heightened activity among MANA’s large-scale investors, or “whales,” is having the anticipated positive effect on the token’s trading volume. There has been a noticeable increase in MANA transactions, as reflected by volume metrics.

Additionally, the 30-day Market Value to Realized Value (MVRV) ratio for MANA suggests that investors have been holding their positions profitably during this period. Currently, MANA is surpassing SAND Token in terms of short-term popularity, and its price outlook appears more favorable for the time being. However, in the long-term perspective, both MANA and SAND are considered among the best Metaverse altcoins in their respective fields.

Metaverse Altcoin Cart

MANA vs. SAND Which Is Better? , Comparison of Altcoins

At the end of 2021, the concept of the Metaverse was primarily a means of inexpensive advertising for major brands. However, the scenario is shifting, with companies genuinely interested in this field now emerging with innovative solutions. We are currently in the nascent stages of the Web3 transformation, and in the next decade, we’re likely to witness the rise of Web3’s own major brands, akin to the likes of Facebook and Twitter. These new brands are expected to achieve valuations in the tens of billions of dollars.

The cryptocurrency markets are more than just speculative price movements. Cryptocurrencies play a pivotal role in facilitating the technical aspects of the Web3 transformation in a decentralized manner. Cryptocurrency developers have initiated thousands of open-source projects.

We’re observing new functionalities in blockchain-based crypto products on a daily basis, underscoring the innovation within this space. Cryptocurrencies are not solely about pricing, and therefore, it’s imprudent to dismiss projects like SAND and MANA that are favored by institutions and boast strong communities, similar to APE Coin. Additionally, the popularity of NFT-based Metaverse plots is also expected to rise in the coming years. These topics are explored in depth in our article on investing in the Metaverse.

You may also like this content

Follow us on TWITTER (X) and be instantly informed about the latest developments…


Metaverse Planet is your gateway to the exciting world of artificial intelligence. On this platform, you can find everything related to artificial intelligence:

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Milla Sofia: Fascinating AI Model Shares Striking Visuals 6 Most Followed Cryptocurrencies on Twitter Web 2.0 to Web 3.0 Lacoste Enters Metaverse Artificial intelligence FAQs , About Artificial intelligence Replace your daily applications with AI-powered alternatives ✅ Our Smartphone Applications Discover the Popular Metaverse Coins Binance vs Ethereum Metaverse Ecosystem Founder of Ethereum: Vitalik Buterin How to Enter Metaverse? Gucci Chose Miley Cyrus Avatar for Web3 Fragrance! Those who have been doing Hodl lately are very comfortable. Controversial AI Sensation Milla Sofia Under Fire for Provocative Appearance India’s First Metaverse Wedding: Over 3,000 Guests Celebrate How to Make an Avatar on Instagram? Easy Explanation with Pictures Which Is Your Choice? DOGE or SHIBA ? Fan Token Ecosystem 6 Most Followed Cryptocurrencies on Twitter Top 8 NFT Sales Sites! (Create Paid And Free NFT!) What is Decentraland? (MANA) Coin Before having nft after having This Man Told Everyone To Buy Bitcoin For $1 Just 8 Years Ago Differences between crypto and bank Popular AI Coins