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Author Topic: what do you guys think about Mana?  (Read 1010 times)

Offline bitmover

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what do you guys think about Mana?
« on: February 27, 2024, 10:58:49 PM »
I am looking for some explosive shitcoin to make huge gains...

I remember that mana had a huge hype in last cycle. The price reached 5 usd, and now it is 0.5 but still in 72 postion in coinmarketcap.com

Is it abandoned project or do you guys see any potential.?
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what do you guys think about Mana?
« on: February 27, 2024, 10:58:49 PM »

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Offline Gideon99

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Re: what do you guys think about Mana?
« Reply #1 on: March 03, 2024, 02:00:10 PM »
I am looking for some explosive shitcoin to make huge gains...

I remember that mana had a huge hype in last cycle. The price reached 5 usd, and now it is 0.5 but still in 72 postion in coinmarketcap.com

Is it abandoned project or do you guys see any potential.?

I think this project is awesome. It's a decentraland cryptocurrency, it's a decentralized virtual world that allow it user to sell and buy, and create virtual assets. Mana crypto is used to power game economy and use to purchase virtual land, items and services. I think it hand example of how Blockchain technology can be used to create new type of experiences.


Offline Dr.Bitcoin_Strange

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Re: what do you guys think about Mana?
« Reply #3 on: March 03, 2024, 10:06:38 PM »
Since the last all-time high of that coin in 2021 was $5+, it just seems to me like the project owners are not really giving too much attention to that project. I really cannot tell if the project may want to use the influence of the pull market to give the coin a little promotion to get it pumped during the bull market. 

The token I realized I had millionaires of it unknowingly to me is babby doge. I feel there is some hype around that coin. 

Offline Primo1760

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Re: what do you guys think about Mana?
« Reply #4 on: March 03, 2024, 10:46:53 PM »
You probably meant this mana coin. I can see this mana coin entered 2021 at a high of $5.90. It is currently trading at $0.65. But you can invest at your own risk if you want. As the list in the good exchange, the price may recover if the bull market starts in the market. But if you don't chase after all these coins and hang around with Bitcoin and ethereum then you can see the proof of that in the current season if you invest in bitcoin ethereum you will get more profit than all these coins.

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Re: what do you guys think about Mana?
« Reply #5 on: March 03, 2024, 11:46:04 PM »
MANA ? what is that? Can you give me a site to learn about it, because honestly too many coins make me sometimes miss more information on a project and the name of the coin,
Here it is
https://coinmarketcap.com/currencies/decentraland/
The price is right now $0.6596
But the rank is lower again, it is on #82 right now based on coin market cap position.
Actually this is a potential project with interesting concept. But, well, once the hype is  over, the progress to survive and maintain the uptrend is very difficult.

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Re: what do you guys think about Mana?
« Reply #6 on: March 04, 2024, 07:11:27 PM »
I am looking for some explosive shitcoin to make huge gains...

I remember that mana had a huge hype in last cycle. The price reached 5 usd, and now it is 0.5 but still in 72 postion in coinmarketcap.com

Is it abandoned project or do you guys see any potential.?
MANA (Decentraland) was one of the strongest tokens in 2021 when the MANA token price increased more than 500 times. I think MANA is one of the most potential Metaverse tokens in the market, it also has products for everyone to experience, I don't think it is a shitcoin.

The Metaverse trend may soon return with the GameFi trend, so MANA could be a good token for us to monitor and invest in.

From a technical analysis standpoint: MANA has outperformed the Kumo cloud (Ichimoku) and is very well supported by the Weekly EMA34 (Sonic-R). I think growth is coming to MANA.

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Re: what do you guys think about Mana?
« Reply #6 on: March 04, 2024, 07:11:27 PM »


Offline Agbe

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Re: what do you guys think about Mana?
« Reply #7 on: March 04, 2024, 08:27:45 PM »
Probably the coin was good at that time but now that coin has lost it value it is better you look for another promising coin to invest. Because before that coin will hit $1 again it is not anytime soon. I don't know if this the correct coin price $0.6623 because when I checked there are related management price Aavemana and others. And now that the cryptocurrency market is booming yet the manager coin is still like that then is it not advisable to invest in it.

Offline IvugeoEvolutionCoin

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Re: what do you guys think about Mana?
« Reply #8 on: March 05, 2024, 05:20:58 PM »
Well, I think this is one Altcoin that is very dangerous because no one can provide guarantees regarding Altcoin price movements, so I prefer to give advice to avoid Altcoins like this, look for Altcoins that have product development that is useful for the people so that they will have demand. which is high and can provide quite good selling value.

Offline Lucius

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Re: what do you guys think about Mana?
« Reply #9 on: March 05, 2024, 06:11:06 PM »
~snip~
Actually this is a potential project with interesting concept. But, well, once the hype is  over, the progress to survive and maintain the uptrend is very difficult.


Never say never, but when you look at the chart, you can clearly see that a major pump occurred at the end of 2021 and since then everything has gone downhill, as it usually does. Whoever is behind that project probably made a lot of money at that moment, and has probably made many more such projects since then.

If someone is already investing in projects like this, I would personally look for something new, because there is a much higher chance of earning - although as we can see, you need to hit the right moment.
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Offline Gladitorcomeback

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Re: what do you guys think about Mana?
« Reply #10 on: March 05, 2024, 08:46:05 PM »
I am looking for some explosive shitcoin to make huge gains...

I remember that mana had a huge hype in last cycle. The price reached 5 usd, and now it is 0.5 but still in 72 postion in coinmarketcap.com

Is it abandoned project or do you guys see any potential.?

I haven't been following it lately, but I remember that when it was being highly hyped, it was due to the decentraland project where MANA was used as the native token for buying and selling assets such as lands and other items in the metaverse project, and at that time, these projects were very much popular and a lot of people were investing money in them.

If we talk about the present, I barely see MANA in the top lists in any major exchanges, maybe once or twice in months when it manages to gain some organic growth but it isn't a trending project anymore.
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Offline Wiwo

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Re: what do you guys think about Mana?
« Reply #11 on: March 05, 2024, 08:52:29 PM »
I am looking for some explosive shitcoin to make huge gains...

I remember that mana had a huge hype in last cycle. The price reached 5 usd, and now it is 0.5 but still in 72 postion in coinmarketcap.com

Is it abandoned project or do you guys see any potential.?
Frankly speaking, I don't believe in coin hypes and as a matter of fact, I don't risk my money in investing in a coin that have raised and fall drastically in the past, I prefer to join a coin that is at it first stage of market expusoer reasons being that, I feel more comfortable and highly expectant in suce coins.

If you check very well you will see traces of high possibilities that mana may not ride with the next bull market, because at the moment there is no sign of the picking up along with current market.

Offline JoyMarsha

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Re: what do you guys think about Mana?
« Reply #12 on: March 05, 2024, 10:09:23 PM »
I am looking for some explosive shitcoin to make huge gains...

I remember that mana had a huge hype in last cycle. The price reached 5 usd, and now it is 0.5 but still in 72 postion in coinmarketcap.com

Is it abandoned project or do you guys see any potential.?
I don't see Mana as one of the abandoned projects that its time has faded away in the crypto market because it doesn't.

The majority of altcoin projects that were in existence before the last bull run(2021) gave an ATH as of then. And many depreciated following bitcoin when the bull run was over. There are indications that many will also rise in price as the bull run comes this year, as it has already started ''bitcoin touching $69k today''. Although it has declined to $61k

Today, Mana skyrocketed to 0.710 because of bitcoin's uptrend movement and the same today it has fallen to 0.597 because bitcoin fall in price. That's one thing about altcoins, following the movement of bitcoin price direction(uptrend and downtrend).

When bitcoin would skyrocket much higher in price, expect Mana to do the same by giving a price that is above the previous ATH of $5

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Re: what do you guys think about Mana?
« Reply #13 on: March 06, 2024, 08:52:22 PM »
Mana is used to pay for a wide range number of names, wearable on the decentraland market place. It is a metaverse built and owned by its users to pay for virtual plot of land in decentraland as well as in the world goods and services.
Ath as at 2021 was $5-$6
ATL as at now is $0.6
Though MANA has a greater potentials in the crypto world and Sooner  it will go bullish in next crypto bullrun.

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Re: what do you guys think about Mana?
« Reply #14 on: March 07, 2024, 01:39:39 AM »
Never heard of MANA  :o

What I noticed based on previous bull runs, is that there are very few altcoins or tokens that have repeated serious growth in the next cycle.
In 2017-18 I had a lot of favourites, some of them achieved really big growth and profit. I almost checked some of them, which also showed a lot of promise, almost all of them are worthless and negligible today. That's why I'd rather look for something new.
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