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21.11 - 19:35
Facebook’s ‘Meta’ rebrand and how it can affect MANA & other alts
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MANA-mania swept the crypto-verse off of its feet after the token charted some unexpected gains on the back of Facebook’s ‘Meta’ rebrand. Decentraland, a decentralized 3-D virtual reality platform supported by the Ethereum blockchain, saw its native token MANA soar to an all-time high of $4.11 on 31 October.
With the crypto surging by 164% in just half a day, once again, the significant role played by bigger players in pumping cryptos was at the fore. So, how exactly did Facebook announcing its name change to Meta push the price of MANA? And, what impact will this have on gaming and the Meta platforms?
On the topic of Metaverse, blockchain technology and Non-Fungible Tokens (NFTs) play a key role in the same. Combining blockchain tech with
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