Samsung US put up a teaser for launching a new upgrade to one of its Decentraland (MANA) metaverse land plots. The event is coming up this February 9.
Samsung US follows the trend of other corporate giants setting up metaverse land plots on various play to earn platforms and adding music and media. As a result, Decentraland and The Sandbox took the top spots among play to earn tokens in terms of market capitalization.
The announcement by Samsung follows a recent metaverse plot event by Sotheby’s auction house. Sotheby’s picked the project after becoming a pioneer in NFT trading by offering rare items from the CryptoPunks collection.
Another corporate brand to pick Decentraland was Miller’s Brewery, opening a Meta Lite bar in the metaverse.
The Decentraland metaverse was also the host of a four-day fashion week, as recently exposed by Vogue magazine. Despite not being a source of crypto earnings, those metaverse plots attract attention and may serve as a publicity tool.
How the Decentraland Token is Doing
MANA, the native token of Decentraland, is still the leading play to earn asset. MANA appreciated by more than 29% in the past week, reaching $3.29, for a market capitalization of more than $6B.
MANA remains one of the most liquid metaverse land tokens, propped up by robust demand for land plots. The turnover on MANA digital land is smaller compared to The Sandbox, but the floor price has been raised to 4.9 ETH on OpenSea auctions.
MANA has the potential to repeat its previous highs around $5 and continue higher if the overall market recovers.
Predictions see a price of $10 as viable for MANA, based on demand and relatively high trading activity. MANA is also one of the assets that are the closest to a new potential all-time high. The breakout above $3.10 was viewed as one of the signs for another upward move for MANA.