Mana Price Prediction- Can Mana reach 1 dollar again?

Introduction

Decentraland was established in August 2017 by Ariel Meilich and Esteban Ordino. For their metaverse project, the team negotiated partnerships with a number of businesses, including Binance and Samsung. The project’s co-founders no longer have management jobs there but continue to serve as consultants.

At the time of Decentraland’s(Mana coin) launch, digital land parcels cost around $20 USD, and MANA tokens were $0.02 each. 90,601 separate pieces of land made up Genesis City, the game’s initial map. The project’s initial coin offering brought in approximately $26 million in 2017. (ICO).

In the Decentraland Marketplace, a collection of digital goods and accouterments enabled by the Ethereum blockchain, users can purchase and exchange LAND, Estates, Avatar clothes, and names. Mana crypto news always been trending for their marketplace.

Decentraland uses two tokens, LAND and MANA, to allow users to interact with the platform. Non-fungible LAND tokens carry the coordinates of a single point on the grid, reference each parcel’s data, and represent individual ownership of land parcels. The ownership data of a smart contract is stored in a ledger. Users must burn ERC20 MANA tokens to obtain LAND, and MANA tokens can be used to purchase in-game items and services.

Decentraland(Mana) Price History

All-time low of $0.007883 on 13 October 2017,
All-time high of $1.55 on 29 April 2022.

MANA began trading on the open market in the fall of 2017. On September 21, of that year, it was worth less than $0.02, and it remained in that range for the next three years or so. Despite reaching an all-time low of $0.007883 on October 13, 2017, it quickly recovered and closed 2020 at $0.07825.

The first few months of 2021 were a good time for cryptocurrency, and Decentraland responded well, reaching periodic highs of $1.55 on April 28 and 29. However, the market cooled after that, with the aftereffects of the great crypto day crash of 19 May 2021 causing it to fall to $0.58 at the end of June.

Things began to change in August 2021, when NFTs and, by extension, metaverses became a hot topic in the cryptocurrency world. MANA responded in kind, launching a bull run that culminated in a high of $1.08 on September 5 and 6.

Following that, there was a drop and then a rebound, with MANA trading at $0.9259 on October 29th before rising to an intraday high of $1.48. It continued its stratospheric rise on October 30, 2021, reaching a high of $4.69 before closing the month at $2.89.

Decentraland had another productive month in November 2021, reaching an all-time high of $5.90 on 25 November, but the market crashed in December, and MANA closed the year at $3.27, a year-on-year increase of more than 4,000%. We will also see mana coin price prediction 2030 below in this post.

Decentraland(Mana) Price prediction

With that out of the way, let’s take a look at some of the decentraland or mana coin price predictions as of November 24, 2022.

Keep in mind that price forecasts, especially for something as volatile as cryptocurrency, are frequently incorrect. Long-term crypto price predictions are frequently made using an algorithm, which can change at any time.

Mana Price Prediction 2023

First, CoinsKid predicted that the MANA token would end 2022 at around $0.4814, before potentially trading at $0.9792 in November 2023. The site predicted that MANA would be worth $1 in a year.

According to DigitalCoinPrice’s Decentraland price prediction for 2023, the token could average $0.99 throughout the year. According to the platform, MANA could reach an average price of $1.30 in 2024. DigitalCoinPrice then predicted a decentralized price of $1.70 for 2025. The token could trade at an average of $5.55 in 2030, according to the website’s MANA price prediction.

PricePrediction predicted that the MANA price would average $0.58 in 2023, $0.86 in 2024, and $1.22 in 2025. According to the site, the cryptocurrency could reach $1.83 by 2026, before rising to $2.68 in 2027 and $3.78 in 2028. PricePrediction predicted that by the end of the decade, MANA could be worth $5.77, before going on to make a Decentraland.

According to WalletInvestor’s decentraland crypto price prediction, the token could be worth $0.03 in November 2023 and $0.00638 in five years.

When considering a MANA token price prediction, keep in mind that cryptocurrency markets remain extremely volatile, making it difficult to accurately predict what a coin or token’s price will be in a few hours, and even more difficult to give long-term estimates. As a result, analysts and algorithm-based forecasters can and do make mistakes.

Decentraland (Mana) Live Chart

Frequently Asked Questions(FAQs) about Decentraland Mana

When does Decentraland (Mana) go up?

After years of studying the Decentraland price, crypto experts have calculated the MANA cost for 2030. It will be traded for at least $7.79, with a possible high of $9.32. As a result, the MANA price in 2030 is expected to be around $8.07.

Is Mana coin a Good investment in 2023?

MANA joins the Crypto.com platform’s growing list of cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens. It can be a good investment in the long term.