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 virtual purchase land through virtual currencies is an entirely novel concept. Check this overview before we start with Decentraland price prediction.
|Price Change 24 hours||+11.32%|
|Price Change 7 days||-6.09%|
|Circulating Supply||1,844,079,805 MANA|
|All time high||$5.90|
|All time low||$0.007883|
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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. A 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 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’s and many more. Lets 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 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 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 of the such investments opportunities 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.
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 the last November, 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. After that, the price of Decentraland regains its price level around $3 mark.
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, market forecast before trading to minimize the risk involved. Just like many cryptocurrencies the MANA crypto can be purchased through cryptocurrency exchanges like Binance and Huobi Global.
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 cryptocurrency stands at the value of $3.04 with a market cap of $5,637,457,701.47 with a 24 hrs trading volume of $1,231,000,753 with a circulating MANA supply of 1,832,129,198 MANA and in last 24 hours the Decentraland price has been changed by -6.09%. The Experts’ MANA price analysis and Decentraland MANA price prediction can be seen as below:
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Market experts have 2022 price prediction of $5.3. This MANA forecast represents a climb of 86% this year. Likewise, while the sentiment surrounding the MANA crypto has been highly bearish in the past, the Wallet Investor states that MANA is expected to offer 450% ROI by five years to Decentraland investors.
The MANA price is forecasted to reach $3.39023 by the beginning of February 2022 as per our price prediction. According to Decentraland price prediction 2022, the expected maximum trading price is $3.43703, the minimum trading price of MANA tokens is $2.33718 in 1 year. The decentraland (MANA price prediction) for the end of 2022 is $3.45688.Trading Beasts
According to our MANA crypto prediction, The coin might grow threefold in the next five years. It should have a clear bull run around $8 to $9, making it a long-term good investment. The average price is expected to reach around $6 by next year.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 2022 is expected to be around $5.58. If this bull run continues the Decentraland price can reach $16.63 in 2025.Tech News Leader
According to the recent long-term forecasts, Decentraland (MANA) price will hit above $4.54 by the end of 2022, $6.502 by the end of 2023, and $12.82 by the end of 2026, which will make MANA a good investment in the future.GOV Capital
According to MANA Decentraland price prediction 2024, the price will jump to $6 in the first half of the year. MANA coin price prediction done by experts predicts that during the first half of 2022, the price can rise by 46% and 120% in the next five years.
Decentraland Price Forecast: 2022-2026
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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. The Decentraland price predictions for coming years is listed below:
Decentraland Price Prediction 2022
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 scaling above $4.8 in the market of the crypto as per our our unbiased crypto forecast for the the year 2022 Decentraland MANA price prediction. 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.
According to the Price prediction for MANA, the crypto price will reach $5.1 by 2022. The predicted Decentraland price can further rise to $5.8 by the December. Market analysts forecast the MANA to trade around $8 by the end of the next year, which is 279% of the current price at the time of writing.
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 $6.7 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 2023.
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 designs on, there are few decentraland forecast that the MANA price may reach $8 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, MANA token may price to an appreciable level of $10 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, as per the Decentraland price trends and historical data, the Decentraland (MANA) price may easily touch $12.5 by the end of the year 2026.
MANA Coin Price Prediction 2030
As per Decentraland price analysis by experts, the average price of MANA tokens is expected to reach $97 by 2030. Decentraland future price prediction anticipates a positive outlook for the year, and it is estimated to trade above $80 around the end of the first half. MANA crypto price prediction mentions that in the best-case scenario, prices could rise to as high as $110.
Conclusion: Tapping Decentraland Future
Exploring MANA coin future predictions for the short term suggests that the price will reach to the highest price of $6 in 2023; the average price is expected to trade above $4 in 1 year. MANA coin predictions anticipate short-term growth from the current position, rising $3.9 in the first half of 2022 and $10 in the first half of 2025, increasing by 23% and 215% the Decentraland price today, respectively. 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 worth and a new addition to your portfolio for good return.
Opinions expressed here are based on our Decentraland projection and not an investment advice; 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 $15.23. With a 5-year investment, the revenue is expected to be around +368.1% 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 precaution 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 $5.1 by the year 2022. The Decentraland forecast predicts the average price of Decentraland cryptocurrency to hit the $12 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 the crypto 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 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 Decentraland assured 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 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 the investors earn considerable income from it. While considering the overall recommendation, traders are also advised to do their calculations following market price predictions, resistance level 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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