MANA is the native ERC‑20 token of Decentraland, a blockchain‑based 3D metaverse where users buy virtual land, NFTs, and participate in governance of the DAO.
Today it trades around ~$0.10–$0.11 USD, significantly down from its all‑time high near ~$5.85, reflecting long‑term correction and weak altcoin sentiment.
Recent technical action shows breakdowns below key support levels amid “Extreme Fear” in crypto markets and sector rotation away from speculative metaverse tokens.
Development updates — like creator monetization tools and interoperability plans — aim to expand utility and engagement, but adoption remains modest.
MANA’s price typically correlates with broader crypto trends and GameFi interest; clear catalysts are needed for sustained upside.
Overall, MANA remains a high‑beta speculative asset tied to metaverse growth, user activity, and macro sentiment.
@Decentraland $MANA #Manata #mana