Virtual World Currency Decentraland (MANA) Powers Up Crypto Markets

Decentraland (MANA) has shown remarkable growth with almost double-digit gains in the past day while the broader crypto market is shedding most of its gains from the first quarter. The reason behind the price increase of MANA is linked to the rumors surrounding Apple’s metaverse. On Monday, Idi Wertheimer made a post on Twitter stating that Apple was set to launch its own mixed-reality headset, leading to Manaverse coins pumping on the news. The rumors about Apple’s metaverse have been circulating on the internet since it is speculated that the company is planning to compete with Meta’s Oculus series. Apple has never confirmed nor denied the speculations made against it. Research conducted by Tom’s Guide indicates that Apple has plans for the virtual and augmented reality space with a new device called “Reality Pro” instead of Apple Glasses. The price of MANA has been rising positively, and despite the low momentum in the market, it has gone up to over 9% in a day, bringing it above $0.5, with The Sandbox (SAND) also increasing by 3.98% in the last 24 hours. Experts predict that if Apple’s device drops at the WWDC 2023 event later this year, the price of metaverse coins could explode leading up to and after the event.

J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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