Decentraland Price Prediction

Decentraland: The Land Beneath

Today human interaction and socialization have become overwhelmingly virtual. Most people have moved their social and business relationships to their phones or laptop. Fiat currency purchases of land are quite heard of, but virtual purchase land through virtual currencies is an entirely novel concept. Check this overview before we start with Decentraland price prediction.

Decentraland Overview

Cryptocurrency Decentraland
Ticker Symbol MANA
Price $ 0.686659
Price Change 24h -11.30%
Price Change 7d -19.09%
Market cap $1,220,681,256
Circulating Supply 1,795,354,043 MANA
Trading Volume $146,364,273
All time high $1.63
All time low $0.007883
Decentraland ROI +2498.77%

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Based on the Ethereum blockchain with an indisputable record of ownership, the Decentraland platform of the game has been created to attach an all-new control over the virtual land of users who can now purchase, build and monetize virtual reality applications through Decentraland.

Decentraland users are better empowered to take charge of the environment and applications they create within their land. A comprehensive data of the deal made is recorded on the blockchain, and hence this virtual reality platform is safe and secure.

Decentraland (MANA): A Virtual Marvel

All the assets and land parcels are shown in the game can be purchased with the native token, called Mana, be it roads or plazas. Since the Land possession is an NFT recorded on the Ethereum blockchain using the ERC-721 standards, transferability and security emerge as prominent game features.

It’s still early days for virtual worlds even though Decentraland is specifically conceptualized to attract players who have aged out of the children’s games, for the teenagers and young adults who seek deeper human connections based more upon socializing and transacting than on treasure hunt.

Decentraland: Laying the Foundation

As the fastest growing virtual world, Decentraland was developed by an Argentinian group in 2016 by Esteban Ordano and Ariel Meilich with Chief Executive Officer James Ashton. Decentraland has raised $25.5M in funding from six high-profile users. It includes Animoca Brands, Boost VC, Fabric Ventures, Genesis One Capital, Fundamental Labs, and George Burke.

Decentraland’s developers have taken a very thoughtful and light-handed approach to building the game’s foundational layers. New projects and partnerships in the cryptocurrency market are already underway to make this virtual world a sophisticated and engaging alternate reality, which will likely become ubiquitous and addictive.

Contributing to a virtual world, say Utopia, digital real estate is an investment opportunity worth considering. Investors are sure to benefit from this virtual reality platform-based economy learning and gathering exhilarating experiences. No wonder a fusion of art, craft aided by music and graphics is sure to make Decentraland a very alternative and lucrative investment tool.

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Decentraland (MANA): Technical Analysis & Historical Data

What needs to be observed here is that right from inception, and as per the latest news and investment advice by crypto experts, the coin did not show any movement and lay sluggish without any ray of hope for users. Although there were changes and developments taking place in the technology of blockchain, this asset remained lackadaisical to budge an inch.

At the launching time, the price of Decentraland was around $0.024 in December 2017. Later, it surged and crossed the $0.24 mark but faced rejection and regained previous support levels. The value of Decentraland didn’t really mark massive movements and continued to trade in a similar price range till the beginning of this year. Then as if with the force of a tsunami wave, the coin made its way through many other counterparts.

A boom time, i.e., the bull driving the MANA chase, actually materialized from December 2020 when the asset moved up to the price of around $0.80. This phase continued till April 2021, when the price of MANA shot up to an all-time high of $1.63. However, after registering an all-time high, the MANA continued to trade downwards, and the price plunged below $0.65. Digital coin prices have been reflecting tremendous volatility, and there is a high risk in crypto trading during volatile periods.

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Decentraland Price Predictions: Market Sentiment

Going by the technical analysis, Decentraland price has had a historic voyage throughout compared to other digital assets, and that could be the primary purpose for its popularity too. The current price of Decentraland stands at $0.575 with a market cap of $985,464,368 with a 24 hours trading volume of $98,877,881.63 with a circulating supply of 1.69 billion Decentraland. As per experts’ Mana price analysis and price predictions can be seen as below:

Based on our Decentraland predictions, a long-term increase is expected; the price prognosis for 2026 is $4.870. With a 5-year investment, the revenue is expected to be around +725.42% which will make it a profitable investment.Wallet Investor

The MANA price is forecasted to reach $0.7712167 by the beginning of December 2021 as per our price prediction 2021. The expected maximum trading price is $0.9733273, the minimum trading price of MANA tokens is $0.6618626. The MANA price prediction for the end of 2021 is $0.7786618.Trading Beasts

According to our MANA price prediction, The coin might grow threefold in the next five years. It should have a clear bull run around $1.80 to $2, making it a long-term good investment.Long Forecast

Based on our MANA price forecast, the token continued to register a tremendous bull run and remain highly volatile around the $1 mark by the 2021 end. And hence, users need to do their own research before investing their money in MANA tokens.Digital Coin Price

It seems Decentraland is doomed. It has lost sheen by almost half of the current price, stooping to as low as $4.010 by the first quarter of 2024, making many investors sell Decentraland in the cryptocurrency market.Reddit Community

According to the recent long-term forecasts, Decentraland (MANA) price will hit above $1 by the end of 2021, $2.5 by the end of 2022, and $4.5 by the end of 2025, which will make MANA a good investment in the future.Trading-Education

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Decentraland Price Forecast: 2021-2025

Decentraland Price Forecast 2021-2025
Overcoming all hurdles, MANA is set to hold a benchmark for its performance, attracting a major investor community surpassing all expectations in terms of overall growth.

Decentraland Price Prediction 2021

If all markets turn favorable, this digital asset is set to break all barriers and perform exuberantly, scaling the peak as aforesaid. Transgressing all limitations over the next year, MANA would surely show signs of fortune for its users as per our unbiased crypto forecast. Backed by robust smart contracts, Decentraland (MANA) price may easily touch $0.95 by the end of the year 2021.

Decentraland Price Prediction 2022

Considering there are no sudden jolts ahead for cryptocurrency markets, Decentraland (MANA) token is all set to affirm its strong position as a major attraction among its investor community. The road ahead is full of petals provided the investor confidence keeps booming, resulting in a major push to the price, taking it to cross all barriers scaling $1.2 in the crypto market. Users should invest at the current prices to gain significant profit in the future. 

Decentraland Price Prediction 2023

Decentraland (MANA) has established a fast, reliable network and works with the user experience of the product. Based on our Decentraland price forecasts, these features can help the MANA token gain a much higher price of $1.70 in 2023. If the drive for functional crypto continues into 2023, the crypto may even see a paradigm rush as per our MANA price prediction.

Decentraland Price Prediction 2024

There are quite a few forecasts going forward for Decentraland (MANA). Especially keeping in perspective the technological announcements and progress the company has designs on, there are few forecasts that the MANA price may reach $2 in the crypto market.

Decentraland (MANA) Price Prediction 2025 & Beyond

Decentraland is also active in community initiatives and through which we are optimistic about the token’s future growth in terms of different factors like prices, volume, upgrades, etc. considering they keep up momentum garnering a significant market cap, their initiatives with a focus on education, outreach, and innovations may take MANA token price to an appreciable level of $2.8.

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Frequently Asked Questions

Why is the price of Decentraland (MANA) rising?

Owing to the transaction speed, Decentraland (MANA) is a special attraction for buyers worldwide due to its offerings and financial services. MANA might grow in the future as it allows the users to make transactions to buy virtual space in the form of NFTs. Over the last few months, NFTs have become popular, and hence, the popularity of Decentraland has blown up, which helps to grow its ecosystem along with its price.

Why do people trust Decentraland?

Decentraland is the Ethereum-based fastest-growing metaverse. You can create your applications, explore other users’ worlds, and even trade to earn profits. The main reason for the MANA token is the assurance of speed. A decentralized platform only adds up to the scientific algorithm of safety with speed, ultimately making masses trust the platform seeing the future price of Decentraland to gain momentum.

How does Decentraland price gain significance in the market?

There are many platforms and software roaming in the market which make big promises but do not live up to them. Decentraland Mana is one such platform that stands true to its merit. It would be necessary to mention that investors have to repose their faith in the platform for it to rise on exchange and also keep tracking the increase in the token price before investing.

Where can I buy Decentraland (MANA)?

As a naïve entrant, all esteemed exchanges, including Coinbase Pro, Huobi Global, and many more, happen to demonstrate this Decentraland as virtual currency on their product palette. You also tend to benefit from trading Decentraland directly for fiat currencies like USD, EUR, GBP, etc., or other cryptocurrencies on many exchanges. Investors can also benefit from the block rewards program on Decentraland MANA and follow digital coins price prediction.

Can I make money with Decentraland?

Indeed yes. Since the currency is just a few years old, we expect its performance will be quite bullish, say at least for five years. The movement of Decentraland price prediction should be checked on the crypto exchange, and MANA can be tracked diligently in the digital coins market. Investors are advised to do their calculations following market predictions for trading in Decentraland MANA.

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