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↘ Mana Coin's Ride Amid Meme Coin Frenzy and Metaverse Momentum

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Mana Coin's Ride Amid Meme Coin Frenzy and Metaverse Momentum

Predictions suggest that Decentraland's MANA could hit the $1 mark within the year. A notable player in the Metaverse coins sector, its interaction with the meme coin frenzy isn't clear yet. Other meme coins such as PEPE are currently dominating attention, with some even predicting a potential return of 2021's memecoin bull run initiated by GameStop.

Meanwhile, BlockDAG, Dogecoin, and Polygon are leading the market, and VanEck's MarketVector has initiated an index to track the largest meme coins. Amidst this, some traders remain bullish on new meme coins and especially on MANA and NEAR protocol suggesting potential new highs.

Market downturns have been reported, and an analysis points towards a reviving momentum in Metaverse tokens, including MANA and APE. Yet, some analysts are suggesting Pushd (PUSHD) over Decentraland (MANA) and The Sandbox (SAND).

Potential challenges to MANA include the theory that it is going to zero due to being labeled a security by the SEC, but the future of MANA could be heading towards a GameFi revival according to some 2024 predictions.

Despite the volatility, certain digital currencies are still expected to reach a dollar in the future, including MANA. The fluctuating status of meme coins and their effects on currencies like MANA remain a critical point to consider.

MANA Coin News Analytics from Fri, 23 Jun 2023 11:19:33 GMT to Tue, 14 May 2024 16:31:36 GMT - Rating -2 - Innovation 0 - Information 5 - Rumor -1

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MANA Coin - News Analyzed: 4,435