You can buy Decentraland, recovering from dip: here’s where

Here is why Decentraland (MANA) token started the week with a surge

Meta posted losses of $10 billion by its augmented and virtual reality department, and most metaverse tokens took a hit. Decentraland was no exception. It soon began to recover and has been posting gains for days in a row now.  

Is it time to buy the dip? Will it be too late soon? This short article attempts to answer those questions as well as where to buy Decentraland now.  

Top places to buy Decentraland now

As MANA is such a new asset, it’s yet to be listed on major exchanges. You can still purchase MANA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy MANA right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for MANA

Now that you’re connected, you’ll be able to swap for 100s of coins including MANA.

What is Decentraland?

Decentraland was launched in 2017 through a $24 million initial coin offering (ICO). Its token MANA runs on the Ethereum Mainnet. It can be used to buy land and other items in the Decentraland metaverse.

In Decentraland, users can engage in a variety of activities, such as playing games, creating artwork and participating in virtual parties.

One reason MANA could be surging involves the announcement of Steve Aoki’s Australian Open metaverse party a few days ago. The party, which took place in the Decentraland metaverse, hosted exciting performances by several artists.

The Australian Open is one of the largest annual tennis tournaments, which hundreds of thousands watch worldwide. Decentraland is enjoying an improved reputation and increased sense of legitimacy.  

Should I buy Decentraland today?

Most analysts are bullish on Decentraland, but do take price predictions and investment advice with a grain of salt. Metaverse tokens are prone to the wildest price swings.     

Decentraland price prediction

CryptoNewsZ has a 2022 price prediction of $5.10 for MANA. If this materializes, it would mean a gain of 82% from the current price. Wallet Investor concurs, predicting MANA will trade for $5.04 by the end of the year.

Decentraland on social media



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