Samsung today Decentraland (MANA) His announcement about the cryptocurrency completely changed the momentum of the cryptocurrency. The South Korean company has provided some hints on its upcoming events, which will take place in the metaverse world of Decentraland.
Decentraland (MANA) price also responded to these developments and at the time of writing; It has increased by 16 percent in the last 24 hours and by almost 30 percent in the last 7 days. The reason behind this jump is thought to be related to Decentraland’s upcoming mega events.
Something new is coming to the Samsung #837X #metaverse of @decentraland. 2/9/22. Watch this space for more. pic.twitter.com/WYNihODeXz
— Samsung US (@SamsungUS) February 4, 2022
What is Samsung 837X?
Samsung 837X; It is a completely immersive experience that includes specific missions, NFT awards, product launches and live performances from the South Korean giant. The Samsung 837X sandbox is a blockchain-powered sandbox where users can buy and sell private digital assets such as land NFTs, wearables, and more. To become part of 837X, all you have to do is connect via the Decentraland platform.
What’s going on in Decentraland?
Decentraland has already attracted many big investors. One of the most important of these investors is Microsoft. According to headline news, the tech giant is promising $69 million to help Decentraland develop open source.
As previously reported by KoinFinans, Samsung, one of the giants in the industry, opened the doors of 837X on January 6, 2022 so that its users could virtually explore an immersive world.
In addition to these, Decentraland has already announced Metaverse Fashion Week, a 4-day event with multiple global brands that will start on March 24, 2022. Users will be able to watch fashion shows, attend after-party music sessions, and purchase virtual outfits during this event.
Finally, Decentraland also published the “2022 Manifesto” on February 1, 2022, which triggered great enthusiasm among its community.
Could the MANA price exceed $3.9 this week?
Faced with a huge bearish sentiment in January, MANA has finally picked up, trading at $3.04 at the time of writing, up almost 17 percent in the last 24 hours.
The bulls broke the key common resistance level of $2.9 and the 50-day SMA, which indicates that buyers are ready to start a recovery rally. According to analysts, if the coin provides a daily candle close above this resistance, buyers will push the altcoin’s value to $3.43 or $3.9.
Decentraland is gaining more and more momentum as young millennials’ interest in the Metaverse continues to grow. In addition to these, the fact that the project, which appeals to the anal world, has now become the only address for many mega organizations to establish their virtual stores, strengthens the place of metaverse coin.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.