Decentraland Price Prediction

Decentraland: The Land Beneath

Today human interaction and socialization have become overwhelmingly virtual. One cannot neglect the recent social media boom. Most people have moved their social and business relationships to their phones or laptop. Fiat currency purchases of land are quite heard of, but the virtual purchase of land through virtual currencies is an entirely novel concept. Check this overview before we start with the Decentraland price prediction.

Decentraland Overview

Cryptocurrency Decentraland
Ticker Symbol MANA
Price $0.757
Price Change 24 hours +2.88%
Price Change 7 days +3.92%
Market cap $1,404,286,853
Circulating Supply 1,855,084,192 MANA
Trading Volume $648,946,018
All time high $5.90
All time low $0.007883
Decentraland ROI +2839.60%

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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. The official social media account of the platform always keeps its views updated with upcoming events. Comprehensive data of the deal made is recorded on the blockchain, and hence the information on this virtual reality platform is safe and secure.

Decentraland (MANA): A Virtual Marvel

All the assets and land parcels 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 decentralized blockchain Ethereum using the ERC-721 standards, transferability and security emerge as prominent metaverse game features.

It’s still early days for virtual worlds even though the Decentraland project 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. In January 2022, Decentraland took a step further to aim for mass adoption hosting a complete virtual coverage of the Australian Open tennis tournament starting from January 17, fusing metaverse and reality, giving the experience of live broadcasts, daily POAP, and many more. Let’s dive deeper into Decentraland MANA price prediction and technical analysis.

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 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 digital world a sophisticated and engaging alternate reality, which will likely become ubiquitous and addictive.

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

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 and analysts, 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 cryptocurrency 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 Decentraland price 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 Decentraland price of around $0.80. Till April 2021, MANA continued to show the same trend, when the price of MANA shot up to a new high of $1.56. However, after hitting a new high, the MANA continued to correct downwards, and the Decentraland price plunged below $0.65.

Later, the MANA coins marked till the end of October, and then it recorded a sharp hike which took the Decentraland price above $3.5. After that, the currency continued to trade with significant bullishness. In November 2021, Decentraland marked a new all-time high of $5.90. However, after hitting a new ATH, the MANA price faced significant correction, which took the Decentraland price around the $2 mark and is currently trading around $0.7.

Most of the digital coin prices have been reflecting tremendous volatility, and there is a high risk in crypto trading during volatile periods. Our recommendation to the traders is to perform their own research and market forecast before trading to minimize the risk involved. Just like many cryptocurrencies, MANA crypto can be purchased through cryptocurrency exchanges like Binance and Huobi Global.

Decentraland Price Predictions: Market Sentiment

Going by the technical analysis, the 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 cryptocurrency stands at the value of $0.7608 with a market cap of $1,410,960,736, a 24 hrs trading volume of $474,785,076, a circulating MANA supply of 1,855,084,192 MANA and in last 24 hours the Decentraland price has been changed by -3.93%. The Experts’ MANA price analysis and Decentraland MANA price prediction can be seen below:

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According to Wallet Investor, MANA is a bad long-term (1-year) investment. It is expected to have a value of around $0.0682 in 2024. Thus, your current investment may be devalued in the future.
Wallet Investor

According to Decentraland price prediction 2023, the expected maximum trading price is $1.096, and the minimum trading price of MANA tokens is $0.7454. The average price is expected to be $0.876 for 2023.CryptoPredictions

According to our MANA crypto prediction, the coin might grow consolidate in the next few years. It should have a price of around $0.63 in 2025, making it a bad long-term investment.
Long Forecast

Based on our MANA price forecast, the token continued to register a tremendous bull run and remain highly volatile. The maximum price for 2024 is expected to be around $1.57. If this bull run continues the Decentraland price can reach $5.06 in 2027.Tech News Leader

According to the recent long-term forecasts, Decentraland (MANA) price will hit above $1.57 by the end of 2023, and $5.06 by the end of 2027, which will make MANA a good investment in the future.GOV Capital

According to MANA Decentraland price prediction 2024, the price will jump to $1.89 in the year. MANA coin price prediction done by experts predicts that the price may be $2.77 in 2025.
Digital Coin Price

Decentraland Price Forecast: 2023-2030

Considering there are no sudden jolts ahead for the cryptocurrency market, Decentraland (MANA) token is all set to sustain its strong position as a major attraction among many investors and traders. According to the positive MANA forecast and future market capitalization, the road ahead is full of petals, provided the investor confidence keeps booming, resulting in a major push to the Decentraland price, taking it to cross all barriers and scaling in the market of the crypto as per our unbiased crypto forecast.

According to the current price trend and forecast, users should invest at the current crypto market prices to gain significant profit in the future. Decentraland forecast by experts suggests investing at the current price level may give considerable returns to traders in the near term, and they would be able to make a decision whether they should invest or sell Decentraland.

Overcoming all hurdles, MANA is set to hold a benchmark for its performance, attracting a major investor community and surpassing all expectations regarding overall growth. The Decentraland price predictions for coming years are listed below:

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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 Decentraland MANA price prediction.

Decentraland Price Prediction 2024

Analyzing Decentraland MANA price prediction for the year, there are quite a few forecasts going forward for Decentraland (MANA). Especially keeping in perspective the technological announcements and progress the company has designed, there are few Decentraland forecasts that the MANA price may reach $2.01 in the crypto market.

Decentraland (MANA) Price Prediction 2025 

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 capitalization, their initiatives with a focus on education, outreach, and innovations. As per Decentraland price prediction, the MANA token may price to an appreciable level of $2.75 post overcoming the psychological resistance level as its long-term price in 2025.

Decentraland Price Prediction 2026

If all markets turn favorable, in 2026, MANA, a digital asset, is set to break all barriers and perform exuberantly, scaling the peak as aforesaid. MANA would surely show signs of fortune for its users as per our unbiased crypto forecast. According to the future price prediction, Decentraland price trends, and historical data, the MANA price may easily touch $3.5 by the end of the year 2026.

Decentraland Price Prediction 2027

According to the Price prediction for MANA, the crypto price will reach $4.2 by 2027. The predicted Decentraland price can further rise to $4.5 by December. Market analysts forecast the MANA to trade at an average of $4.0 for the entire year.

Decentraland Price Prediction 2028

According to our MANA predictions, the coin is expected to have a maximum price of $5.5, with a minimum price of $4.5 for the entire 2028. At the same time, the token may have an average price of $5 in 2028, based on our analysis.

Decentraland Price Prediction 2029

Looking at past performances and analysis, the coin may trade in a range of $6.15 to $7.71, where the former is the lowest price and the latter is the highest price for the year 2029. At the same time, the average price may be around $6.93.

MANA Coin Price Prediction 2030

As per Decentraland price analysis by experts, the average price of MANA tokens is expected to reach $7.80 by 2030. Decentraland future price prediction anticipates a positive outlook for the year, and it is estimated to trade above $8. MANA crypto price prediction mentions that in the best-case scenario, prices could rise to as high as $8.5.

Conclusion: Tapping Decentraland Future

Exploring MANA coin’s future predictions for the short term suggests that the price will reach the highest price of $1.7 in 2023. MANA coin predictions anticipate short-term growth from the current position, rising $2.01 in 2024 and $2.75 in 2025. While in the near future, things are looking optimistic for Decentraland price as projected by Decentraland coin price prediction, and investors can expect promising returns. MANA may reach new heights in the future, making it worthwhile and a new addition to your portfolio for a good return.

Opinions expressed here are based on our Decentraland projection and not investment advice; the past performance of the coin does not necessarily reflect the future results. Perform your analysis before you invest money to buy Decentraland.

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Frequently Asked Questions

Is MANA coin a good investment?

Yes, Based on our Decentraland predictions, a long-term increase is expected; the Decentraland price prognosis for 2027 is $4.5. With a 5-year investment, the revenue is expected to be around massive, which will make it a profitable investment. MANA crypto coin can turn out to be a profitable investment considering the uptrend of virtual reality and Metaverse, given when invested after thorough market research. To avoid unnecessary loss of money, crypto traders need to take extra precautions while they invest in this crypto.

How high can Decentraland go?

According to price predictions, the MANA token is speculated to reach an average value of $1.7 by the year 2023. The Decentraland forecast predicts the average price of Decentraland cryptocurrency to hit the $4.5 mark after 5 years.

Why is the price of Decentraland (MANA) rising?

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

Why is Decentraland trusted by people?

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 Decentraland’s assured speed. A decentralized platform only adds up to the scientific algorithm of safety with speed, ultimately making masses trust the platform and seeing the future price of Decentraland gain momentum.

How does Decentraland price gain significance in the market?

There are many platforms and software roaming in the current market which make big promises and support levels 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 value of 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. Based on Decentraland price prediction, the price movement of MANA should be checked on the crypto exchanges, and it can be tracked diligently in the digital coins market. Planned investment can help investors earn considerable income from it. While considering the overall recommendation, traders are also advised to do their calculations following market price predictions, resistance levels, and other significant information for trading in Decentraland MANA.

What is Decentraland MANA used for?

Users can use MANA coins to buy and sell land in Decentraland. They can also charge other users for a service they offer inside the virtual platform. MANA works as a token on the Ethereum blockchain. As per the trend, it is one of the most active cryptocurrencies emerging in recent times.

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