Decentraland is a dead metaverse and you're gonna be in for a nasty surprise when the pumpers dump it

I've followed MANA for a while now.

Over the last 9 months they've had an average of 200-350 daily active users.

For a game that's worth $8bn it's MASSIVELY overvalued.

Only this week has their userbase increased to over 1k but I don't see that being sustained due to how expensive Land sales are - which are at a very low volume btw.

You can see the active user data yourself here:

https://catalyst-monitor.vercel.app/

Compare this to a game like VRChat who's got 1m daily active users. VRChat is only worth about $1-2bn based on their last funding round.

There's no logical reason that a metaverse game with only 0.1% of the userbase of VRChat is worth 4x more than it.

This thing pumped due to Zucks little speech, but before that it was never close to it's ath from before. It's a dead metaverse waiting to be dropped.

You've been warned.

Edit:

To be clear. You can't buy fucking VRChat tokens. It's a Non-blockchain project. I'm not shilling VRChat cuz you can't buy it. I'm highlighting just how idiotic Manas market cap is compared to better projects.

Edit 2:

Both founders have left the project and cashed out the majority if not all of their holdings.

Take that as you want.

Founders leaving: https://today.in-24.com/business/amp/130485

https://ar.linkedin.com/in/eordano