Little-Known Cryptocurrency Jumped Over 400% After Facebook Rebranding Announcement

Soon after Facebook rebranded itself to better reflect its shift towards the “metaverse”, a shared digital space where people can interact with each other and with objects, a little-known cryptocurrency soared over 400 percent. Mana, which is used for buying and selling virtual land, much like the metaverse, jumped from $0.80 (Rs. 59) on Thursday, when Facebook announced the rebranding exercise to Meta, to an all-time high of $4.16 (...