Decentraland (MANA) Price Prediction – 2023, 2025, 2030

Decentraland (MANA) Overview

Decentraland (MANA) Introduction

One of the busiest cryptocurrencies to rock the crypto world is Decentraland (MANA). In particular, the cryptocurrency was able to reach a record-breaking high price of $5.90 at one point.

MANA is one of the cryptocurrencies that are increasing in value that some people find the most unexpected. MANA has existed since the year 2019. Due to the significant demand in metaverse tokens, investors in MANA saw a 100% return on their investments.

We examine MANA’s performance in this Decentraland pricing analysis and forecast. Before that, though, let’s take a closer look at Decentraland (MANA) and its place right now in the cryptocurrency market.

What is Decentraland (MANA)?

A virtual reality platform called Decentraland (MANA) is built on the Ethereum blockchain. It enables users to produce, consume, and profit from content and apps. A $24 million ICO that took place in 2017 led to the establishment of Decentraland. It is the first token in the history of the metaverse to host a fashion show and a digital nuptials.

The MANA ERC-20 token must be burned in order to obtain non-fungible ERC-721 LAND tokens. On the Decentraland marketplace, MANA tokens may also be used to pay for a wide range of wearables, avatars, names, and many other items.

This year, MANA is expected to turn a profit thanks to its market performance. Let’s go on to the analysis to see whether the pricing patterns might provide any more guidance.

Decentraland (MANA) Fundamental Analysis

The token on Decentraland, the first metaverse ever developed on Ethereum, is called MANA. You may alter your look, explore and create, and purchase goods and real estate in this virtual world. 

In addition, there are various terrains, plazas, and art museums to explore for hours on end. Even kids may try it out because of the interface’s ease of use. With the exception of using real money and needing a suitable crypto wallet to utilise ETH-based dApps, it is comparable to a video game. 

The initial coin offering for Decentraland raised approximately €22 million in one hour, exceeding its target. Today, the MANA platform is utilised for items that may be customised, such as wearables, masks, or a personalised name, all of which are accessible on the website’s

Decentraland (MANA) Technical Analysis

What has to be noted in this case is that the currency has lain dormant since launch, according to the most recent news and investment advice from crypto professionals and analysts, with no sign of life for users. Despite advancements and advances in blockchain technology, this asset remained apathetic and did not move even a millimetre.

The cost of the Decentraland cryptocurrency was around $0.024 at the time of inception. Later, it rose and reached $0.24, but it was rejected and it returned to its prior support levels. The price of Decentraland didn’t actually see significant fluctuations and traded in the same price range for a while. The coin then passed through several additional equivalents with the intensity of a tidal wave.

The MANA cryptocurrency rose to a price of about $0.80 on Decentraland in a bullish surge. MANA maintained its bullish trend even after its price soared to a new high of $1.56. However, after reaching a new high, the MANA kept correcting down, and the price of Decentraland fell below $0.65.

Later, the MANA coins saw a significant increase that raised the price to over $3.5. Following that, the currency’s trading was noticeably positive and reached a new record high of $5.90. However, the MANA price saw a major correction after reaching a new ATH, which caused the Decentraland price to drop to roughly $2. Following that, Decentraland’s price returns to its previous level of roughly $3.

Decentraland (MANA) Current Price

Decentraland is currently worth $0.457662 USD. MANA has moved 0.56% in the last 24 hours with a trading volume of $50,467,032. Decentraland is currently ranked 95 amongst all cryptocurrencies with a market capitalization of $873,364,974 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Decentraland (MANA) to decide wether it is going to have a bullish or bearish year.

Decentraland (MANA) Price Predictions

The technical analysis depicts that the price of Decentraland had a historically long journey compared to other digital assets, which may also be the main reason for its appeal. 

Let’s have a look at the price predictions below: 

Our price prediction forecasts use real-time Decentraland (MANA) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Decentraland (MANA) Price Prediction 2023

Decentraland, according to some, is one of the most amazing cryptocurrencies to rise this year (MANA). The MANA price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.686493.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.640726 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. MANA is expected to have a minimum value of $0.549194.

Decentraland (MANA) Price Prediction 2024

In 2024, Decentraland MANA price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of MANA will soon surpass $1.14. However, we should wait to see if the MANA’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, MANA will trade with a minimum trading price of $0.915323 and an average trading price of $1.01.

Decentraland (MANA) Price Prediction 2025

If the upward trend continues until 2025, it could reach $1.60 and MANA may profit. If the market experiences a decline, the goal may not be met. MANA is expected to trade at an average price of $1.46 and a low of $1.37 in 2025.

Decentraland (MANA) Price Prediction 2026

If Decentraland successfully boosts market sentiment among cryptocurrency enthusiasts, the MANA coin price could remain stable for the next five years.

According to our projections, MANA will be green in 2026. The MANA is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $2.06, with a minimum price of $1.83 and an average price of $1.92.

Decentraland (MANA) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the MANA price is expected to cross an average price level of $2.38 by 2027, with a minimum price of $2.29 expected before the end of the year. Furthermore, MANA has a maximum price value of $2.52.

Decentraland (MANA) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $2.84. If MANA manages to break the resistant level in 2028, we could see a maximum price of $2.97, failing to gather the support MANA needs by 2028 could result in a low of $2.75.

Decentraland (MANA) Price Prediction 2029

While MANA is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $3.20 and a yearly price close above $3.43 in 2029.

Decentraland (MANA) Price Prediction 2030

By 2030, Decentraland will finally surpass its previous ATH values and record new price levels. The minimum price could be $3.66 and potentially reach a maximum price value of $3.89, averaging out at $3.75.

Decentraland (MANA) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum MANA price in 2031 is projected to be $4.49 in the event of a bull run, with an average price level of $4.30.

Conclusion

MANA has a bright future in store. We could witness MANA achieve new heights as a result of the continuing advancements taking place both inside the MANA ecosystem and in the general crypto market.

Additionally, our long-term MANA price forecast is optimistic. There is a good chance that MANA will surpass and go above its current level of trading values. But that won’t happen until it gets through a few psychological obstacles.

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