Here's Why Decentraland's Cryptocurrency Is Jumping Today

Despite significant sell-offs for Bitcoin, Ethereum, and most major altcoins today, Decentraland's (CRYPTO: MANA) MANA token is making big gains. The cryptocurrency was up roughly 13% over the last 24 hours of trading as of 1:30 p.m. ET.

Excitement surrounding the metaverse is surging lately, and that seems to be driving the valuation for Decentraland's token higher. MANA is the cryptocurrency used for transactions in Decentraland's 3D virtual world, and surging interest in the metaverse and non-fungible tokens could help it post more big gains.

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Source Fool.com