Immutable (IMX) and Decentraland (MANA) are in the top 3 crypto assets of the gaming sector, second only to MultiverseX (EGLD).

It's worth noting that Immutable currently has a market cap of $3 billion, while Decentraland, which has been around since 2018, has a market cap of just $800 million.

Source: Santiment

However, MANA's development activities far exceed those of IMX. Does this mean investors should start betting more on Decentraland?

Source: Santiment

Comparing the social volume of Immutable and Decentraland, we can see that MANA is slightly ahead, but overall has been trending down over the past month.

Source: Santiment

The weighted sentiment of both is no better, with MANA at -0.77 and IMX at -0.41. This signals the presence of bearish sentiment. Therefore, recovery may be difficult at this time.

Meanwhile, both tokens' 30-day MVRV ratios were positive in mid-May, but have declined since then.

Source: Santiment

In terms of price, both tokens have been trading range-bound since April, but IMX has seen a more pronounced uptrend in May while MANA has been more range-bound.

The drop in MVRV means that short-term holders are losing money due to the recent retracement. To evaluate which tokens can recover faster, the average coin age (MCA) was examined.

Immutable's mean coin age (MCA) has been on a steady upward trend since late March. Meanwhile, Decentraland's MCA has been falling lower over the past two weeks. This suggests an accumulation phase for IMX, but MAMA is facing selling pressure and notable token movement volume.

Therefore, IMX has a more optimistic outlook than MANA in the coming weeks. Swing traders can look to enter orders in the $1.85-$2 area as this is an area of ​​demand throughout May.

There is another reason why MANA hodlers should be wary. This is the token's second bull run, and those who bought relatively late in 2020-21 may be waiting for a price increase to lock in profits or exit at breakeven. This will hinder bullish attempts to break out and weaken the rally when it comes.



https://tapchibitcoin.io/imx-vs-mana-token-game-nao-se-co-quy-3-tot-hon.html