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Analytics firm Santiment published a report according to which altcoins Decentraland ($MANA) and The Sandbox ($SAND) can greatly increase in price.
According to analysts, currently$MANA is 60% below fair value. In the case of $SAND, the discount is less - 33%. Santiment analysts base their opinion on the popularity of metaverses - the field continues to actively develop, and the Decentraland and The Sandbox platforms remain among the leaders in the field.
The main arguments in favor of rising pricesaltcoins is also an indicator of MVRV (the ratio of the market value of an asset to its realized value). It shows how overvalued or undervalued an asset is. A high indicator indicator indicates possible selling pressure, and vice versa. The MVRV indicator can also be used to determine the “bottom” in the cryptocurrency market.
It was previously reported that the Decentraland platform will allow users to rent out land in its metaverse.
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