Citing data from Coinbase, the New York Post reported on Oct 31 saying that the price of a MANA token, which can be used in a metaverse leapt 164% in 12 hours.
A week earlier, Decentraland’s MANA virtual reality cryptocurrency had been just valued around 80 cents, before reaching $4.33 on Saturday evening.
According to the report, the increase in its value followed Facebook’s rebranding to Meta, reflecting the company’s plan to create a “metaverse.”
Experts also noted that this had created huge
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