By Nathan Ferguson
- Decentraland sees its price overcoming downtrends as Metaverse launches its first fashion week with Tommy Hilfiger and Dolce & Gabbana.
- Fashion Brands reveal their presence with digital stores and NFTs sales during the Metaverse event.
- Analysts remain bullish on MANA price, forecasting colossal breakouts from Metaverse coins.
Decentraland (MANA) readies for colossal upside moves as Metaverse network kicks off the first fashion week event. Brands such as Estee Lauder, Forever 21, Dolce &Gabbana, and Tommy Hilfiger participated via NFTs sales. The brands also introduced virtual stores.
MANA Price Might Continue Surging
Decentraland sees continued price uptrends amid the Metaverse fashion week. The event has started, and the blockchain digital world hosted top-notch designers. Wearable brands are showcasing their non-fungible token collection during the fashion event.
Leading brands such as Tommy Hilfiger, Estee Lauder, Forever 21, and Dolce & Gabbana introduced their digital presence. Remember, these brands have spent several weeks developing Metaverse-related trademarks ahead of NFT release in Decentraland Metaverse.
Tommy Hilfiger revealed excitement, stating that he never imagined fashion weeks in the virtual world and 3D since founding the brand in 1985. He added that exploring the Metaverse and its capability through blockchain technology and related opportunities offer a relevant and fascinating way to involve with communities.
Crypto analysts evaluated MANA price reactions and forecasted a colossal breakout for the Metaverse coin. A crypto trader and analyst @Hayess5178 observed a symmetrical triangle formation in the Decentraland price outlook. The analyst remains bullish about Metaverse tokens’ extended upsurges.
The Metaverse Fashion Week hosts digital experiences and shows through the 4-day event from 24 March to 28 March. The first-of-a-kind event has ensured digital spaces where all visitors can participate in shopping experiences, panel talks, after-parties, and runaway shows may access.
Designers at this event include Mowalola, Collina Strada, and Jonathan Simkhai. Selfridges, a British department store, opened even yesterday. Remember, Selfridges declared NFT partnerships with Paco Rabanne early this year.
The ongoing event will increase awareness of all metaverse coins, translating to price surges. It might be fascinating to see how the tokens react. Stay around for upcoming news.