Decentraland Price Prediction (MANA) 2022 and Beyond

Decentraland (MANA) is among the most popular cryptocurrencies this year, taking the crypto industry by storm. On November 25th, 2021, the cryptocurrency reached an all-time high price of $5.90. Continue reading this Decentraland Price Prediction to learn more.

Experts and crypto professionals said that MANA is possibly one of the most surprising cryptocurrencies to rally this year. This is quite a feat given that the altcoin has nothing to do with Bitcoin and isn’t the most popular cryptocurrency nowadays.

Decentraland (MANA) logo with bautiful nature background

MANA has been around since 2019. Due to the tremendous demand for metaverse tokens, MANA investors received a return on investment (ROI) of 1310% in the previous year.

Are you curious about the Decentraland coin’s potential growth in the coming years? Find out the newest Decentraland (MANA) forecast and development projections in this metaverse by reading this MANA price prediction analysis.

Decentraland Price Prediction: What is MANA’s Future Price?

According to market forecasts, the MANA token will reach an average value of $2.33718 by 2022. According to the Decentraland estimate, the average price of Decentraland cryptocurrency will reach $16.63 in 5 years.

Decentraland Price Prediction: MANA News and Development

Decentraland is collaborating with Matic (Polygon) to develop a sidechain that will make transactions cheaper and faster. The advantages of adopting a sidechain include being closer to real-time transactions and having low-cost business fees. Decentraland advised its customers to adopt the more stable Ethereum chain for more valuable transactions.

Decentraland has added new capabilities to its platform since the beginning of 2022, such as ‘My Store,’ which allows content creators to “manage their assets, collect and analyse statistics and data for their things over time.”

MANA Price – Past Performance

MANA’s price was low but not insignificant when it first began trading in 2017. For example, on September 21, that year, it was slightly under $0.02, and for the next three years or so, it fluctuated between $0.01 and $0.10. It fell to an all-time low of $0.007883 on October 13, 2017, but quickly recovered. As previously said, it did very little over the next several years and received very little attention, closing 2020 at $0.07825.

Decentraland MANA logo in virtual world environment

Even though the first few months of 2021 were a gold rush for cryptocurrency, Decentraland was a latecomer to the party. For example, it made small increases in the first week, though it did break through the $0.10 barrier on January 7th, closing at $0.1277. This sparked action, and the price quickly rose, reaching an intra-month high of $0.2016 on January 23. It then floated back down, closing at $0.1547 on the 31st of January, a monthly gain of more than 97%.

Another month of positive growth was February. With a monthly high of $0.3671 on February 13, it spent a considerable time over the $0.3. This was followed by a gradual fall, and it ended the month at $0.2362. This was up more than 52% every month, but it was down more than 35% from the monthly high.

The growing theme continued in a large way in March as well. The 13th of March was a very significant day for the Decentraland (MANA) pricing. This moved from an opening price of $0.6621, which was already a strong start, to an intraday high of $1.17, a 76% increase in just a few hours. Although it fell to $0.9692 at the end of the day, it rose to a monthly high of $1.19 the next day. While the close of $1.02 was down more than 13% from where it had been earlier in the day, it was still up more than 336% from a month earlier.

Decentraland Price Prediction: Technical Analysis

Decentraland price analysis is bearish today as bulls are exhausted after a 70% gain over the last 24 hours. As a result, we anticipate a retracement and a higher low for MANA/USD later this week.

The Decentraland price action eventually broke upward after a final plunge lower on Wednesday. The $0.85 resistance was swiftly surpassed, triggering a robust rebound the next day that propelled MANA/USD to a new multi-month high of $1.30.

According to analysts, MANA was selling below $1 at the start of 2021 but temporarily climbed over it in May. Going to follow Facebook’s declaration in October, the token quickly recovered, hitting an all-time high above $5 in just a few weeks. MANA’s price increased by 4,000% in 52 weeks, outperforming several other coins., a Canadian investment firm, paid $2.5 million in November for virtual real estate on the Decentraland platform, the largest transaction in the metaverse’s history. This month, GameStop, a well-known gaming hardware retailer, said that it would begin accepting MANA, SAND, and a few other cryptocurrencies as payment for its services. These year-end developments appear to have established the MANA pricing trend.

Mana Price Prediction

Experts at Wallet Investor forecast a price of $5.3 in 2022. This year’s MANA estimate reflects an 86% increase. Similarly, while the sentiment around the MANA coin has been extremely gloomy in the past, the Wallet Investor predicts that MANA will provide Decentraland investors with a 450%t return in five years.

According to Trading Beast’s price projection, the MANA price will hit $3.39023 by the beginning of February 2022. MANA tokens will have a maximum trading price of $3.43703 and a minimum trading price of $2.33718 in one year; This is according to Decentraland’s price projection for 2022. For the end of 2022, the Decentraland (MANA price projection) is $3.45688.

According to the Long Forecast MANA crypto forecast, the currency might triple in value over the next five years. It should have a strong bull run in the $8-$9 range, making it a fantastic long-term investment. By next year, the average price is predicted to be approximately $6.

The token has continued to experience a massive bull run while remaining extremely unpredictable; this is according to Tech New Leaser’s MANA price projection. In 2022, the estimated maximum price is roughly $5.58. Decentraland’s price might hit $16.63 in 2025 if the bull run continues.

According to GOV Capital’s recent long-term estimates, Decentraland (MANA) will be worth more than $4.54 by the end of 2022, $6.502 by the end of 2023, and $12.82 by the end of 2026, making MANA a good long-term investment.

The price will rise to $6 in the year’s first half; this is according to Digital Coin Price’s MANA Decentraland price projection for 2024. Experts anticipate that the price of the MANA coin will increase by 46% to 120% in the first half of 2022.

Decentraland (MANA)- Explained

Decentraland is an Ethereum-based project that encourages a global network of people to manage a shared virtual environment.

Its users can purchase and sell digital real estate while exploring, engaging, and playing games in this virtual world. Because of the platform’s growth, users may now use it to create social, make in-world payments, and communicate with one another.

Two types of tokens govern operations in Decentraland, these are the following:

  • LAND — a non-fungible token (NFT) that is used to establish the ownership of digital real estate land parcels.
  • MANA – a cryptocurrency that may be used in Decentraland to purchase LAND and other virtual goods and services.

A network of blockchain-based smart contacts allows MANA owners to vote on policy changes, land auctions, and new development subsidies, allowing for changes to the Decentraland software.

Decentraland price analysis diagram

MANA Price FAQs – Answered

Is MANA Coin a Worthy Investment?

MANA can be a worthy investment based on our thorough study and analysis. MANA is one of the most active digital assets in the crypto market. Furthermore, MANA is now one of the most well-known crypto platforms that generates NFTs.

Where Can I Buy MANA Coin?

Like other digital assets in the crypto realm, MANA can be traded on a variety of platforms. MANA tokens are available for purchase on cryptocurrency exchanges like Binance, Huobi Global, and eToro.

eToro’s CopyTrader function allows beginner investors to “copy” professional investors’ buy and sell orders, while the company’s eToro Club feature offers users a variety of extra teaching tools and resources.

What is MANA’s Future Price?

According to market forecasts, the MANA token will reach an average value of $2.33718 by 2022. According to the Decentraland estimate, the average price of Decentraland cryptocurrency will reach $16.63 in 5 years.


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