Below are the top 3 reasons why you should invest in Decentraland:
Decentraland high market capitalisation – The currency fueling Decentraland, MANA, has a high market capitalisation. Market capitalisation is the total value of a cryptocurrency. This means that the higher the market capitalisation, the more stable that cryptocurrency is likely to be. Like all cryptocurrencies, MANA is volatile and prone to losing value at any one time, depending on the prevailing market forces. However, MANA will likely withstand any adverse effects hitting the market with a high market capitalisation.
Decentraland is a leading metaverse game – Decentraland has essentially paved the way in creating a digital world where users can hang out with friends, shop, and work. Given the amount of investment that is expected to come into the metaverse from institutional investors and companies, this is a sector that investors should be interested in.
Major companies in Decentraland – Anyone can buy and develop land on Decentraland, and among them are major established companies. These companies plan to develop virtual gaming arenas, host events, and more. With this in mind, you can expect more and more people to join Decentraland to experience the activities for their entertainment. The platform will get even more mainstream. Thus, the value of MANA will continue to grow, and the virtual world is certainly going to stay.