{"id":514344,"date":"2023-01-01T05:29:15","date_gmt":"2023-01-01T10:29:15","guid":{"rendered":"https:\/\/wncen.com\/?p=514344"},"modified":"2023-03-08T07:26:16","modified_gmt":"2023-03-08T07:26:16","slug":"decentraland-sheds-90-in-2022","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/decentraland-sheds-90-in-2022\/","title":{"rendered":"Decentraland (MANA) Sheds 90% In 2022 Despite Solid NFT Volume Performance"},"content":{"rendered":"

Decentraland (MANA), the cryptocurrency launched in 2020 by Ariel Meilich and Esteban Ordano, failed to take advantage of some of the positive developments that happened within its ecosystem this year as it closes 2022 in a \u201cbeaten\u201d state.<\/span><\/p>\n

Over the last 12 months, the digital coin has shed 91% of its value, failing to recover from the massive price dumps it experienced triggered by the a series of unfortunate events that plagued the crypto space and the growing uncertainty in the market.<\/span><\/p>\n

According to latest tracking from <\/span>Coingecko<\/span><\/a>, at the time of writing, the digital token is changing hands at $0.2941 and has lost 10.3% of its value during the past seven days.<\/span><\/p>\n

The last 30 days have been rocky for Decentraland as well, as the altcoin ended up depreciating in value by 27.3%.<\/span><\/p>\n

This really is unfortunate, considering the crypto\u2019s ecosystem has been making impressive progress in the NFT realm.<\/span><\/p>\n

Related Reading: Is Polkadot (DOT) A Must-Have For Your 2023 Portfolio?<\/a><\/div>\n

Decentraland: 440% Growth In Minted NFTs<\/b><\/h2>\n

The metaverse-based gaming platform seemed to have focused most of its attention to the non-fungible token (NFT) space this year, as evidenced by its <\/span>incredible performance<\/span><\/a> pertaining to the industry.<\/span><\/p>\n

In its yearend performance report, Decentraland disclosed that for the year 2022, there were 2.7 million unique NFTs that have been released on its platform.<\/span><\/p>\n

With such a figure, on a year-over-year (YoY) basis, the project enjoyed a 440% increase in the volume of NFT assets minted on its network.<\/span><\/p>\n

Decentraland was also proud to announce that it will end 2022 with a unique active user count of 1 million after it tallied a 13% jump in that particular department over the last 12 months.<\/span><\/p>\n

Moreover, the project also managed to grow its sales volume by 510% during the same time period after it sold 143,900 wearable NFTs.<\/span><\/p>\n

However, even with this superlative showing, Decentraland\u2019s MANA failed to catch a break from its bearish streak.<\/span><\/p>\n

Related Reading: Solana Continues Its Freefall \u2013 Will The FUD Ever Stop?<\/a><\/div>\n
Crypto total market cap at $755 billion on the daily chart | Chart: TradingView.com<\/a><\/pre>\n
What MANA Holders Can Expect In 2023<\/b><\/h2>\n
There\u2019s a bit of good news for holders of the Decentraland altcoin as Coincodex predicts a possible increase in value in the coming days.<\/span><\/p>\n
According to the <\/span>online cryptocurrency information provider<\/span><\/a>, over the next five days, the digital asset\u2019s trading price is expected to rise by more than 2% and will change hands at a value of $0.2977.<\/span><\/p>\n
Meanwhile, 30 days from now, the crypto is expected to hit and surpass the $0.30 mark once again as it is expected to trade at $0.3305.<\/span><\/p>\n
If these forecasts translate into reality, MANA holders and investors could finally find a little breathing room to take a break from the challenging landscape of crypto industry today.<\/span><\/p>\n
–<\/p>\n
Featured Image: Lumiere Children’s Therapy<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Decentraland (MANA), the cryptocurrency launched in 2020 by Ariel Meilich and Esteban Ordano, failed to take advantage of some of the positive developments that happened within its ecosystem this year as it closes 2022 in a \u201cbeaten\u201d state. Over the last 12 months, the digital coin has shed 91% of its value, failing to recover from the massive price dumps it experienced triggered by the a series of unfortunate events that plagued the crypto space and the growing uncertainty in the market. According to latest tracking from Coingecko, at the time of writing, the digital token is changing hands at $0.2941 and has lost 10.3% of its value during the past seven days. The last 30 days have been rocky for Decentraland as well, as the altcoin ended up depreciating in value by 27.3%. This really is unfortunate, considering the crypto\u2019s ecosystem has been making impressive progress in the NFT realm. Related Reading: Is Polkadot (DOT) A Must-Have For Your 2023 Portfolio? Decentraland: 440% Growth In Minted NFTs The metaverse-based gaming platform seemed to have focused most of its attention to the non-fungible token (NFT) space this year, as evidenced by its incredible performance pertaining to the industry. In its yearend performance report, Decentraland disclosed that for the year 2022, there were 2.7 million unique NFTs that have been released on its platform. With such a figure, on a year-over-year (YoY) basis, the project enjoyed a 440% increase in the volume of NFT assets minted on its network. Decentraland was also proud to announce that it will end 2022 with a unique active user count of 1 million after it tallied a 13% jump in that particular department over the last 12 months. Moreover, the project also managed to grow its sales volume by 510% during the same time period after it sold 143,900 wearable NFTs. However, even with this superlative showing, Decentraland\u2019s MANA failed to catch a break from its bearish streak. Related Reading: Solana Continues Its Freefall \u2013 Will The FUD Ever Stop? Crypto total market cap at $755 billion on the daily chart | Chart: TradingView.com What MANA Holders Can Expect In 2023 There\u2019s a bit of good news for holders of the Decentraland altcoin as Coincodex predicts a possible increase in value in the coming days. According to the online cryptocurrency information provider, over the next five days, the digital asset\u2019s trading price is expected to rise by more than 2% and will change hands at a value of $0.2977. Meanwhile, 30 days from now, the crypto is expected to hit and surpass the $0.30 mark once again as it is expected to trade at $0.3305. If these forecasts translate into reality, MANA holders and investors could finally find a little breathing room to take a break from the challenging landscape of crypto industry today. – Featured Image: Lumiere Children’s Therapy<\/p>\n","protected":false},"author":557,"featured_media":514347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,1558,11549,27141,15369,87641,4728],"class_list":["post-514344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-cryptocurrency","tag-decentraland","tag-mana","tag-nft","tag-non-fungible-token","tag-token"],"acf":[],"yoast_head":"\nDecentraland (MANA) Sheds 90% In 2022 Despite Solid NFT Volume Performance<\/title>\n<meta name=\"description\" content=\"Decentraland (MANA), the cryptocurrency launched in 2020 by 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Decentraland (MANA) Sheds 90% In 2022 Despite Solid NFT Volume Performance","url":"http:\/\/wncen.com\/news\/decentraland-sheds-90-in-2022\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/decentraland-sheds-90-in-2022\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/Decen.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/Decen.png?fit=701%2C472"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","cryptocurrency","decentraland","mana","nft","non-fungible token","token"],"dateCreated":"2023-01-01T10:29:15Z","datePublished":"2023-01-01T10:29:15Z","dateModified":"2023-03-08T07:26:16Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Decentraland (MANA) Sheds 90% In 2022 Despite Solid NFT Volume Performance\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/decentraland-sheds-90-in-2022\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/decentraland-sheds-90-in-2022\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/Decen.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/Decen.png?fit=701%2C472\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"cryptocurrency\",\"decentraland\",\"mana\",\"nft\",\"non-fungible token\",\"token\"],\"dateCreated\":\"2023-01-01T10:29:15Z\",\"datePublished\":\"2023-01-01T10:29:15Z\",\"dateModified\":\"2023-03-08T07:26:16Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/Decen.png?fit=701%2C472","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/514344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=514344"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/514344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/514347"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=514344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=514344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=514344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}