How the value of the decentraland cryptocurrency has changed in the last day

How the value of the decentraland cryptocurrency has changed in the last day
How the value of the decentraland cryptocurrency has changed in the last day

In the Decentraland metaverse, users can use cryptocurrency to acquire virtual plots of land or create content (such as NFT works) and sell it. (Infobae)

Decentreland is a three-dimensional virtual reality platform supported by Ethereumwhere you need your cryptocurrency to carry out any type of acquisition, which is known by the acronym MANNA.

In the decentraland metaverse Users have the ability to create, experiment and monetize content as well as applications. One of the main features of the platform is the ability to acquire land in its virtual reality, build on it and eventually monetize.

Unlike other platforms, in decentraland the users are the owners instead of some corporation . Since MANA is the virtual currency required for the decentraland metaverse, it is important to know its value in the market.

While the debate becomes more heated every day about the convenience or not of its use, decentraland is trading today at 10:00 (UTC) at 0.386715 USD, a change of -2.7% regarding the last 24 hours and a variation of 0.32% with reference to its value reached in the last hour.

In terms of market popularity, it has maintained the position #100 between scriptocurrencies.

Virtual currencies were born in 2008 as an alternative to the devaluation of several currencies as a result of the economic crisis of that year.

The first digital asset created was the bitcoin and over time others emerged like litecoin, ethereum, bitcoin, cash, ripple, dogecoinsome of the most popular.

Cryptocurrencies work through a cryptographic encryption that guarantees the security of transactions, as well as control of the generation of your coins .

To make transactions, Cryptocurrencies use a decentralized database, blockchain or shared ledger.

It is important to mention that cryptocurrencies are digital assets that do not physically exist and, unlike currencies such as the dollar, euro or peso, they are not regulated by any institution and do not require intermediaries in transactions.

The latter has caused cryptocurrencies to not be viewed favorably by the formal market, accusing them of being unreliable, volatile, promoting fraud, not having a legal framework that supports their users, and allowing the operation of illegal activities, among others.

Physical representations of various cryptocurrencies. (REUTERS/Dado Ruvic)

Even so, little by little the way has opened to such a degree that companies, millionaires and even governments have encouraged or authorized its use.

One of the richest men in the world, Elon Musk, has made comments in favor of cryptocurrencies such as bitcoin and dogecoin, temporarily allowing their use in the electric car company Tesla, which triggered, at the time, the increase in their value.

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