Although investments and work towards the metaverse have increased recently, metaverse coins are not stable.
The Metaverse sector has come to the fore with the investments and developments it has received, especially in the last week. Many developments have emerged, especially the addition of Infinity Ax (AXS) to Apple’s App Store. Although these developments have added value to the metaverse-oriented coins, the lack of stability of this event is an indication that interest in the metaverse has waned. The metaverse rush, which destroyed the world for a period, cannot achieve permanence even thanks to very strong news.
Decentraland (MANA) Sets an Example
MANA, which exploded by 24 percent with the effect of metaverse news, lost value by 12.93 percent in a short time and became an example of the decrease in interest in the metaverse sector. Metaverse coins, which cannot maintain their rise, do not attract the attention of crypto investors as much as they used to. If the MANA approaching the support level cannot hold at this value, the declines may deepen.
The resistance levels for MANA are $0.55 – 0.62 – 0.76 and $0.83 respectively. A weakening of the metaverse effect or market-based pullbacks could test the MANA supports at $0.43 – $0.35 and $0.28, respectively.
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