Story Highlights
- The real-time price of MANA coin is $0.53273116.
- MANA price could reach up to $0.68 by the end of 2023.
- With the potential for a surge, Decentraland prices could rise to $6.17 by the end of 2030.
teaThe rapidly changing world of cryptocurrency is spreading its wings to various fields such as Metaverse and NFT. When it comes to the Metaverse, Decentraland has been an ace player in this space.
For business beginners, Decentraland is one of the efficient virtual reality platforms based on the Ethereum blockchain. This is where the digital token MANA is located.
As Decentraland’s reputation in the industry grows and valuable land sales take place, events are also on the rise. Marketers are interested in Decentraland price predictions for the near future and the long term.
Are you curious about MANA prices? Then join us as we decipher MANA’s price prediction for 2023 and further ahead.
outline
cryptocurrency | decentralization |
token | mana |
price | $0.53273116 3.00% |
market capitalization | $1,008,510,894.3396 |
circulating supply | 1,893,095,370.6427 |
trading volume | $174,675,125.3966 |
Best ever | November 25, 2021 $5.90 |
Lowest ever | October 14, 2017 $0.00788 |
24 high | $0.5522 |
24 low | $0.5125 |
Decentraland Price Prediction for December 2023
The price traded in a consolidated range between $0.3536 and $0.3746 for a short period of time before the price broke the resistance level and began trading under bull influence. The market then started trading in a closed range between $0.4136 and $0.4398, after which the price regained momentum and broke through the resistance level.
Moreover, the price was rejected at $0.4848 and then traded sideways for a while before breaking down to the support level of $0.4398. Prices then displayed significant price fluctuations on the charts for the remainder of November.
December started positively, with the ups outweighing the downturns, with gains of over 25% in the first week. The price was recently rejected at $0.5525, after which the price adjusted slightly.
MACD (Moving Average Convergence Divergence) displays a steady green histogram for almost a week, indicating negative price movement for that coin. The histogram also shows a steady upward trend, suggesting that prices will continue to rise in the future.
If the bulls overcome the bears, the price could be poised to test the $0.5525 resistance level in the coming days. Conversely, if the bears regain strength and a bearish trend occurs, the price will fall to the $0.5095 level. Additionally, if the market fails to regain momentum, the price may continue to fall and test the lower support level of $0.4848.
With momentum from land deals, virtual events and developments, prices could soar to a yearly closing value of $0.68. This means that with steady momentum without significant bearish interference, the digital asset can trade for an average of $0.29. However, if negative criticism comes, the bears could push the price down to $0.48.
MANA Decentraland Price Prediction 2024
As I said before, the metaverse sector is witnessing an incredible influx of job seekers. This now extends beyond borders and horizons. Trade demographics span both the West and East. This is an overwhelming achievement as it provides a brief insight into the future of the project.
Increasing adoption of Decentraland could push the Mana token to a potential high of $1.31 by the end of 2024. In contrast, the entry of larger companies and aggressive marketing could push Decentraland into the shadows. In this case, the digital coin would reach a low of $0.62. Overall, considering bullish and bearish targets, the average MANA coin price could reach $0.96.
Decentraland Price Forecast 2023 – 2030
price prediction | Potential Lowest Value ($) | Average price ($) | Potential Highest Price ($) |
2024 | 0.62 | 0.96 | 1.31 |
2025 | 0.99 | 1.48 | 1.97 |
2026 | 1.61 | 2.23 | 2.86 |
2027 | 2.52 | 3.10 | 3.69 |
2028 | 3.56 | 3.97 | 4.38 |
2029 | 4.17 | 4.71 | 5.25 |
2030 | 5.15 | 5.66 | 6.17 |
MANA price prediction for 2025
The next few years remain important for Decentraland. As the industry sees a revolutionary shift towards the metaverse sector, it could become a turntable for itself and its underlying asset, MANA. Decentraland may seek new partnerships and developments and host more significant, never-before-seen events, which could push the price to $1.97.
Conversely, if the protocol fails due to an emerging competitor, the coin price could drop to $0.99. That means regular buying and selling pressure could push the price to $1.48.
Decentraland price prediction for 2026
According to price forecast and technical analysis, the price of Decentraland is expected to reach at least $1.61 in 2026. The maximum price can reach $2.86, and the average transaction price is around $2.23.
Decentraland price prediction for 2027
Looking forward to 2027, the price of MANA is expected to reach a low of $2.52, a high of $3.69, and an average forecast price of $3.10.
Decentraland price prediction for 2028
In 2028, the price of a single Decentraland is expected to reach a minimum of $3.56, a maximum of $4.38, and an average price of $3.97.
Decentraland price prediction for 2029
By 2029, the price of Decentraland is expected to reach a minimum of $4.17, with the potential to reach a maximum of $5.25, with an average of $4.71.
MANA price prediction for 2030
In 2030, the MANA coin price is expected to hit a low of $5.15, a high of $6.17, and an average of $5.66.
market analysis
Company Name | 2024 | 2025 | 2030 |
wallet investor | $0.0537 | $0.0317 | – |
price prediction .net | $0.7300 | $1.02 | $6.29 |
DigitalCoinPrice | $1.23 | $1.79 | $5.51 |
*We have created a table containing possible price predictions for the same tokens made by other cryptocurrency analysts on their respective platforms. The goals mentioned above are the average goals set by each company.
CoinPedia’s Decentraland Price Prediction
MANA can grow in the future as it can be developed and monetized by users. Altcoins can also emerge as the world’s leading virtual trading platform and venue for virtual events.
This means that in 2023, the MANA price could end the year trading at a higher price of $0.68. However, a bearish trend may limit the price to $0.29. And under normal trading practices, the price could reach $0.48.
basic analysis
Ariel Meilich and Esteban Ordano Esteban Ordano co-founder In distributed land Esteban Ordano is a co-founder and advisor at Decentraland. He held the position of Chief Technology Officer (CTO) at Decentraland, but was promoted to a more advisory role after the platform became a decentralized autonomous organization. Before founding Decentraland, he was an advisor to Matic Network, Ethereum’s sustainable international web3 infrastructure. Ordano founded Smart Contract Solutions in 2015 and helped build Bitcoin-related products. Basically, Ordano is a software engineer and has helped several companies, including Google. At Google, he worked as a software engineer and site reliability engineering intern, where he designed and developed tools for multi-device automated testing, design, and cluster benchmarking tool development. He then started working as a teaching assistant at ITBA in 2010 and subsequently as a software engineer at BitPay, Inc. in 2014. BitPay is a financial service that accepts Bitcoin and cryptocurrency payments. (email protected) entrepreneurChief Technology Officer They founded Decentraland and both stepped down from key positions on the project. Now they are supporting Decentraland as an advisor.
Ariel Meilich worked as a project lead at Decentraland from 2017 to 2020. He has also founded several other startups, such as an online translation agency and CRM platform.
Ariel previously worked as an analyst at Charles River Ventures, a renowned silicon venture fund.
Co-founder Esteban Ordano has experience working as a software engineer at BitPay.Inc. He also served as an advisor to the Matic network and previously covered a smart contract development startup known as Smart Contract Solutions.
Factors affecting MANA token price
- supply and demand: A surge in supply and demand could help skyrocket the price of this coin to new highs.
- Fiat currency inflation: Hyperinflation may push people and governments towards cryptocurrency as an alternative.
- government: Government and central bank regulation of digital currencies (CBDCs) could have a significant impact on the cryptocurrency industry.
What is Decentraland?
Decentraland is a virtual reality platform that runs on the Ethereum blockchain. This allows users to purchase land that they can later build on and make money from. It is the first virtual platform entirely owned and managed by its users. The protocol has three layers: consensus layer, land content layer, and real-time layer.
Interestingly, Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token running on Ethereum. Tokens can be used to pay for various avatars, names, wearables, and more on the Decentraland marketplace.
Decentraland’s primary goal is to support content creators, individuals, and businesses looking for new artistic mediums or providing a platform for new business opportunities.
Historical Market Analysis 2017-2022
- MANA was launched on the cryptocurrency market on September 17th at a price of $0.026. However, the token fell to $0.009 by the end of October. Afterwards, the price began to recover steadily, reaching $0.13 in mid-December, but plummeting to $0.096 by the end of the year.
- The token continued to trade at $0.10 in early January. Surprisingly, the token fell to $0.08 in early February and reached the $0.14 support level in mid-February. MANA has traded in a range of $0.05 to $0.17 for most of this year. The year ended with a price tag of $0.04.
- MANA started 2019 weakly, with a price of $0.04. The token fell to $0.03 as the bearish trend continued to drag the price down. Some prices have changed. The token has been trading between $0.03 and $0.04 for several months. Interestingly, the price fell to $0.02 and then recovered to $0.03 in December.
- Surprisingly, the token fell to $0.02 in March as the cryptocurrency market collapsed due to the COVID-19 outbreak. Additionally, a steady recovery saw the price hover between $0.03 and $0.04 until reaching $0.10 in August. Later, with certain variations, the price consolidated between $0.07 and $0.09 by December.
- As the decline expanded, MANA continued to trade at $0.08 in early January.
- The overall market crash in May saw the price plummet to $0.4368. The bull market resumed in June, with MANA rising to $1.07 sequentially in September. After a weak start to the fourth quarter, Meta’s announcement boosted MANA to $3.7 on November 2nd. December was a tumultuous month for MANA. The altcoin rose from $2.972 to $4.08 and finally to $3.399.
CoinPedia has a team of expert analysts dedicated to covering possible cryptocurrency price predictions for you and summarizing everything in one place!
Frequently Asked Questions
No, MANA cannot be halved or mined.
According to Decentraland price predictions, the MANA price could soar to $1.48 by the end of 2023.
That’s right. MANA is a long-term profitable investment considering the future of the metaverse.
The altcoin could reach up to $3.92 by the end of 2025. A potential surge could push the price up to $10.67 by the end of 2030.
Digital assets can be traded on major cryptocurrency exchanges such as Coinbase Pro, Binance, Okex, and Huobi Global.
At the time of publication, the price of 1 MANA was $0.5328.