Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
With just a few more hours until the end of its phase 2 presale, FIREPIN is already winning the hearts of investors. FIREPIN (FRPN) is a Metaverse coin like Decentraland (MANA), ApeCoin (APE), and so on.
With the hype in Web 3.0-based Metaverse and play-to-earn games, investors are actively on the lookout for exciting projects and their promising tokens. While we await $FRPN’s off-shoot in the crypto market, here is what we may know about Decentraland (MANA) and Cronos (CRO) at the moment.
Decentraland (MANA) is a very popular Metaverse cryptocurrency; the project behind the crypto is an exciting one too. The Decentraland Metaverse game was launched in 2017—with its prototype space—Genesis City, comprising over 90,601 plots of land.
At its inception, a plot of land on Decentraland sold for about USD 20—at the time, $MANA was barely USD 0.02. The Metaverse platform had risen above the ranks to break land sale records amounting to over USD 2.43 million per plot in 2021.
From Q4 2021 until January 2022, an average weekly land sale on Decentraland was about USD 19 million. However, this figure fell to about USD 7 million in March.
With the hype in prices of NFTs and Metaverse lands, investors are reconsidering buying expensive lands and collectables and aiming for better options with huge returns on their investments.
The recent crypto crash may have contributed to $MANA’s drop, and the project may have to do more to get positive market movement before Q4 2022.
Cronos is a blockchain powering the Singaporean-based crypto exchange, Crypto.com, and its utility coin, $CRO. The project was formerly just called Crypto.com. However, to
Read more on cryptonews.com