Decentraland MANA up 70% weekly, here might be reasons for rise Metaverse Crypto Blockchain AO23
Although some of its intraday gains had eased, MANA's price remains up 22% in the past 24 hours and trading at $0.67 at press time. The token is up nearly 70% in a week. The rise in MANA's price in the last 24 hours coincides with the start of the Australian Open on Jan. 16.
Cryptocurrencies with relatively smaller market caps have outperformed as sentiment improved on the broader crypto markets due to encouraging macroeconomic data. Other gaming and metaverse tokens experienced notable rises in the previous week. Gala Games' GALA has increased by 30% over the past week, while The Sandbox's native SAND has increased by 32%.The 2023 Australian Open is a Grand Slam tennis tournament hosted at Melbourne Park, and the first round starts from Jan. 16 to 29, 2023. It will be the 111th edition of the Australian Open, the 55th in the Open Era and the first Grand Slam of the year.
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