Decentraland ranks as the top NFT project in this metric – here’s more

The post Decentraland ranks as the top NFT project in this metric – here’s more appeared on BitcoinEthereumNews.com. MANA was down by more than 2% in the last 24 hours. Metrics remained bearish, but open interest suggested the possibility of a trend reversal. Decentraland [MANA] boasted development going around it as it ranked top on the list of NFT projects by development activity. High development activity is essentially considered to be bullish, but this was not the case with MANA. The token, despite having high development going around, has failed to push its price up in the past few days. A look at its on-chain metrics provided a better understanding of what was actually happening. Read Decentraland’s [MANA] Price Prediction 2023-24 Decentraland has a lot going around it  CryptoDep, a popular X (formerly known as Twitter) handle that posts updates related to the crypto space, recently revealed in a tweet that Decentraland ranked number one on the list of the top NFT projects by development activity over the last 30 days. This looked optimistic as high development activity meant that developers were putting more effort into improving a network. ⚡️Top #NFT Projects by Developer Activity18 October 2023 Let’s take a look at the list of NFT projects with the highest developer activity score in the last 30 days, data taken from @Santimentfeed.#Decentraland – 220#Flow – 163#Sandbox – 37.3#Enjin – 14.1#AxieInfinity -… pic.twitter.com/nYrCLL79Ua —

Oct 20, 2023 - 09:00
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Decentraland ranks as the top NFT project in this metric – here’s more

The post Decentraland ranks as the top NFT project in this metric – here’s more appeared on BitcoinEthereumNews.com.

MANA was down by more than 2% in the last 24 hours. Metrics remained bearish, but open interest suggested the possibility of a trend reversal. Decentraland [MANA] boasted development going around it as it ranked top on the list of NFT projects by development activity. High development activity is essentially considered to be bullish, but this was not the case with MANA. The token, despite having high development going around, has failed to push its price up in the past few days. A look at its on-chain metrics provided a better understanding of what was actually happening. Read Decentraland’s [MANA] Price Prediction 2023-24 Decentraland has a lot going around it  CryptoDep, a popular X (formerly known as Twitter) handle that posts updates related to the crypto space, recently revealed in a tweet that Decentraland ranked number one on the list of the top NFT projects by development activity over the last 30 days. This looked optimistic as high development activity meant that developers were putting more effort into improving a network. ⚡️Top #NFT Projects by Developer Activity18 October 2023 Let’s take a look at the list of NFT projects with the highest developer activity score in the last 30 days, data taken from @Santimentfeed.#Decentraland – 220#Flow – 163#Sandbox – 37.3#Enjin – 14.1#AxieInfinity -… pic.twitter.com/nYrCLL79Ua —

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