Decentraland
Last modified on 11. October 2020
Quick Facts
The user known as Bdstar launched Decentraland on 4 August 2017 at bitcointalk.org. coinmarketcap.com then started the collection of real-time trading data in October 2017.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, the average trading volume of Decentraland during the first trimester of 2019 was nearly US$ 5.9 m per day. This figure came to nearly US$ 21.8 m during the same period in 2018. The corresponding downward retracement of trading volume was 72.9 percent.
The average market capitalization during the first trimester of 2019 was nearly US$ 44.3 m. In the same time frame of 2018, this figure came to just under US$ 129 m. The corresponding drop down in market capitalization equated to 65.7 percent.
Trading Price
The average trading price during the first trimester of 2019 was US$ 0.044016. In the same time frame of 2018, this figure came to just under US$ 0.13. The corresponding price drop down equated to 66 percent.
The all-time high of Decentraland in 2018
The Decentraland currency reached a high in January 2018 at just under US$ 0.29. The equivalent market capitalization of the token reached nearly US$ 257 million. This put Decentraland around certain other digital currencies, such as ZClassic, GXChain, NULS, Bancor and Pillar, among others.
Decentralands all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 245 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 109 billion.
- Decentraland (MANA): 0.257 bn US dollars
- Bitcoin (BTC): 245 bn US dollars
- Apple (AAPL): 887 bn US dollars
- VW (VWAGY): 109 bn US dollars
- Date: 9 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Decentraland stood at US$ 0.045791 with a market capitalization of nearly US$ 44.9 million. A retracement down to approximately 15.9 percent compared with the highest trading price described above.
Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.
More Details
The Decentraland-Token is not a native cryptocurrency and is not generated via mining. It has no maximum number of tokens, unlike Huobi Token, for example. Those interested in the source code should also take a look at the GitHub page.
Current Decentraland transactions can be tracked using this block explorer, which also displays block height and other recently updated metrics.
Additional details about Decentraland, including the white paper and other links to source code, community forums and social media channels can be found on decentraland.org.
Markets
EUR
One trading platform for buying or selling Decentraland in EUR is LiteBit.eu.
USD
Two large markets for buying or selling Decentraland in USD are Coinbase Pro and Bitfinex. There are additional platforms where you can buy or sell Decentraland, including MXC (MoCha), HBTC and OKEx, among others.
BTC
Two large markets for buying or selling Decentraland in BTC are Binance and Bitfinex. There are additional platforms where you can buy or sell Decentraland, including VCC Exchange, OKEx and Hotbit, among others.
Social Links
You can contact the Decentraland team directly by visiting the following social media channels:
1. Or 0.0765 percent, if omitting Bitcoin.