Samsung’s announcement with Decentraland (MANA) has already shifted the momentum for the coin. The South Korean corporation has dropped some hints of its upcoming events with metaverse in Decentraland.
Decentraland (MANA) price has surged by 16% in the last 24 hours and almost 26% in the last 7 days. The reason behind this jump has been related to Decentraland’s upcoming mega-events.
Something new is coming to the Samsung #837X #metaverse in @decentraland. 2/9/22. Watch this space for more. pic.twitter.com/WYNihODeXz
— Samsung US (@SamsungUS) February 4, 2022
What is Samsung’s 837X?
Samsung 837X is a fully immersive experience, featuring quests, NFT prizes, product reveals events and live performances by the South Korean giant. Samsung 837X is a blockchain-powered virtual space, where users can buy and sell exclusive digital assets, like land, wearables, and more. To be a part of 837X, one needs to connect with the Decentraland.
What’s happening in Decentraland?
Decentraland has already attracted many big investors. Tech giant Microsoft is pushing $69 million to aid in Decentraland’s open source development. Earlier, Samsung opened the doors to its 837X on January 6 so that users can explore an immersive world virtually. Decentraland has already announced its initial Metaverse Fashion Week, a 4-day event featuring multiple global brands which will kick off from 24 March. Users can watch fashion shows, attend after-party music sessions and purchase virtual clothes during this event.
Decentraland declared it “22022 Manifesto” on 1 February which triggered euphoria among its community.
MANA price breaks $3 barrier
After being seen a massive bearish momentum in January MANA is trading at $3.04 at the press time with a surge of almost 17%. Decentraland MANA’s market cap is hovering around $5,554,486,206.31, while its 24-hours trading volume is $1,131,149,374. In the last 24-hours, MANA has been trading between bandwidth from the lows of $2.59 to the highs of $3.10. MANA ranks 29th on Coinmarketcap with its market capitalization standing at $5.54.
As millennials and youth are growing their interest in the metaverse, Decentraland is gaining more and more momentum. The project which caters to the virtual world has now become a one-stop destination for many mega organisations to set up virtuals stores.
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