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Virtual Reality Platform Decentraland Continues To Lead Santiment’s Rankings of Top NFT Projects by Development

by Catatonic Times
December 28, 2024
in Altcoin
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The Ethereum (ETH)-based digital actuality platform Decentraland (MANA) continues to clock extra improvement exercise than every other non-fungible token (NFT) venture, in response to the crypto analytics agency Santiment.

Santiment notes on the social media platform X that Decentraland registered 116.27 notable GitHub occasions prior to now 30 days.

Decentraland additionally led the rankings in November, October, and September.

Movement (FLOW), a layer-1 permissionless blockchain, ranked second with 103.87 occasions, whereas the NFT layer-2 scaling answer Immutable X (IMX) ranked a distant third with 31.43.

Supply: Santiment

Santiment notes that it doesn’t rely routine updates and makes use of a “higher methodology” to gather knowledge for GitHub occasions based mostly on a “backtested course of.”

The analytics agency has beforehand stated that heavy improvement exercise centered round a crypto venture signifies builders imagine within the protocol. Improvement exercise additionally means that the venture is much less prone to be an exit rip-off.

MANA is buying and selling at $0.499 at time of writing. The 127th-ranked crypto asset by market cap is up practically 2% prior to now 24 hours.

FLOW is buying and selling at $0.728 at time of writing. The 106th-ranked asset by market cap is up practically 3% prior to now day.

IMX is buying and selling at $1.40 at time of writing. The 61st-ranked crypto asset by market cap is up practically 5% prior to now 24 hours.

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Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in affiliate internet marketing.

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Tags: ContinuesDecentralanddevelopmentLeadNFTPlatformProjectsRankingsRealitySantimentstopVirtual
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