Decentraland (MANA) Price Prediction 2023, 2025, 2030 — Is MANA a Good Investment?

2023/08/30By:

Decentraland (MANA), one of the stars of the play-to-earn trend, is a metaverse platform built on the Ethereum blockchain. This guide will offer you the latest MANA price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment.

 

The MANA coin price prediction has always been a concern to the marketers and investors. At the end of this review, a clear picture will emerge as to how high MANA coin will go. We will try to answer these frequently asked questions: Is MANA a good investment? Can MANA coin reach $100 or what is the price prediction for Decentraland MANA in 2030?

 


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Before diving into the Decentraland price prediction and discussing numbers that might get you bored for no reason at all, let us talk about the history and a basic overview of Decentraland in the market.

 

 

 

 

 

 

Decentraland (MANA) Overview

 

Cryptocurrency Decentraland
Ticker Symbol MANA
Rank 57
Price $0.3437
Price Change 24H 1.14%
Market Cap $628,019,677 
Circulating Supply 1,878,271,531.83 MANA
Trading Volume $45,096,555
All Time High $5.90
All Time Low $0.007883

 

 

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What is Decentraland?

 

 

Decentraland is a metaverse platform built on the Ethereum blockchain. The project was established by the Decentraland Foundation back in 2015, and it is the first one in the history of the metaverse to host a fashion show and a digital nuptials. The team held an ICO in 2017 and successfully raised about 90,000 ETH (which was about $26 million at that time). However, the virtual reality platform was opened to the public just in 2020.

 

Decentraland users can buy and sell real-estate items while enjoying the game and interaction. It is like an online game. However, it focuses on social and economic interactions between users and not on the gameplay itself. Users communicate, attend lectures, open stores, and explore the world and new objects in it. Doesn’t it remind you of anything? This is Minecraft of a decentralized world!

 

All land in Decentraland metaverse is divided into 90 thousand parcels called “Parcels.” The initial size of one Parcel was 10×10 meters of in-game space. In February 2019, the community conducted a vote. Right after, the size of each Parcel was increased to 16×16 meters. Each Parcel is an ERC-721 token — LAND.

 

Let’s talk about the Decentraland tokens. There are two types of in-game cryptocurrencies: MANA and LAND.

 

  • MANA is an ERC-20 token used to buy virtual services or goods such as wearables and avatars within the Decentraland marketplace.
  • LAND is a non-fungible ERC-721 token used to denote the right to own a specific piece of land in the game; in other words, it’s a proof of ownership. The MANA tokens must be burned in order to obtain LAND tokens.

 

Besides Parcels, there are Roads and Plazas in the world of Decentraland metaverse. Users cannot buy it because only developers can create objects on them. Roads are needed for users to navigate the virtual world. The Plazas are points of attraction for users: public parks and information zones. The closer the land is to the Roads and Plazas, the more expensive it is. The area around Central Plaza is the most expensive, just like the Central Park property in New York.

 

The world of Decentraland has thematic zones called “Districts.” For example, there are shops on Fashion Street and lecture halls in Decentraland University. Each area is owned and managed by a local community. Unfortunately, the land in such areas is no longer available for purchase.  Let’s imagine that you’ve got land (lucky)! How can you dispose of your purchase?

 

  • Resell. As the game grows in popularity, the price of land rises. So, you become a conditional landlord who can benefit from it.
  • Lease out the land. You will be able to receive passive income from the acquired land.
  • Place an advertisement. You can build any objects on their land, and evenplace advertisements. So, you can hang up a banner of your company or open a showroom.
  • Open an NFT store. Very trendy, right? Decentraland is NFT-compliant with the ERC-721 standard. For example, digital artists can open a gallery with NFT paintings.

 

 

 

 

 

Latest Decentraland News 

 

  • Decentraland announces the exit of SDK 7 from beta, providing developers with improved tools and features for creating immersive experiences in the Ethereum-based metaverse. This development highlights the platform’s progress and empowers creators to shape the future of virtual reality.

 

  • Decentraland, the Ethereum-based metaverse, is growing and evolving. It recently integrated with Polygon and introduced wearables, user-generated emotes, and personalized small worlds.

 

  • Mana, the decentralized blockchain network, had a busy Q1 in 2023 with successful mainnet swaps, the launch of the Solar Debit Card, Solarscan, and updates to the Desktop Wallet. Exciting District 53 events took place, and preparations were made for the upcoming Core 5.0 release.

 

Let’s go on to the analysis to see whether the pricing patterns might provide any more guidance.

 

 

 

 

 

 

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MANA Price History

 

First let’s take a quick look at the MANA price history. While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can give us some much-needed context when it comes to either making or interpreting a MANA crypto price prediction.

 

MANA first came onto the open market in the autumn of 2017, when it was worth about 0.024. On 21 September of that year, it was trading below $0.02, and for most of the next three years or so it stayed between $0.01 and about $0.10. Although it reached an all-time low of $0.007883 on 13 October 2017, it soon recovered and closed 2020 at $0.07825.

 

2021 was a bullish time for crypto and, with the market booming, Decentraland responded well, reaching periodic highs above the $1.50 level in May. After that, the market cooled for the following months before MANA saw stratospheric rise at the end of October and closed the month at $2.89. November 2021 was another productive month for Decentraland, with it reaching an all-time high of $5.90 on 25 November, but in December the market slumped and MANA ended the year at $3.27, a year-on-year rise of more than 4,000%.

 

While 2021 was a positive year for crypto in general and MANA in particular, 2022 was a year which saw disaster strike both MANA and the sector as a whole. Although the token reached a high of $3.48 on 8 February, things have gone downhill since then. The depegging of Terra UST stablecoin and the collapse of the associated LUNA caused a market crash which saw MANA drop to $0.6307 on 12 May. Things weren’t getting better with continuous crypto bankruptcy news confirming the bear market. Then in November, the collapse of the FTX (FTT) exchange caused yet another crypto crash, and MANA kept falling to close 2022 at around $0.29, down more than 90% over the course of the year.

 

So far, 2023 has looked a bit better for both MANA and the wider crypto market. The coin rebound to $0.8393 in early February, its highest price in about six months.

 

 

 

 

 

 

Current MANA Price

 

At the time of writing, MANA is trading at $0.3437 with a market capitalization of $628,019,677, making it the 57th largest crypto by that metric. In the past 24 hours, the price of MANA has decreased by 1.14% with a trading volume of $45,096,555.

 

What’s next for the crypto? Let’s move on to the MANA coin price prediction.

 

 

 

 

 

 

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Decentraland Price Prediction 2023, 2025, 2030

 

 

We’ve covered most of the important things you need to know about Decentraland (MANA) before considering its price prediction. If you are really interested in investing in the coin, this is the time to be more attentive. Do note, however, that predictions are not a substitute for your own research and due diligence.

 

Below pulls together our Decentraland MANA price prediction for 2023, 2025 and 2030, ensuring you have a rough idea of the coin’s value potential:

 

YEAR MINIMUM PRICE MAXIMUM PRICE
2023 $0.60 $0.71
2025 $1.28 $1.57
2030 $4.82 $5.12

 

 

MANA Price Prediction 2023

 

 

If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, Decentraland (MANA) might see impressive growth throughout 2023.

 

According to our MANA price prediction 2023, MANA is expected to reach a possible high of $0.71 by the end of 2023. On the flip side, if MANA fails to commit to its expectations, the price might slip down to $0.60, with an average price of $0.63.

 

 

 

 

 

 

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MANA Price Prediction 2025 

 

The Decentraland looks well-positioned to reach its full potential in the coming years. If the metaverse successfully boosts market sentiment among crypto enthusiasts, MANA might experience a significant increase in 2025.

 

Our MANA price prediction 2025 forecasts that at the very highest, MANA price may reach $1.57 by 2025. The minimum price could be $1.28, with an average price of $1.34.

 

 

 

 

 

MANA Price Prediction 2030  

 

The Decentraland ecosystem is actively growing with new users and partnerships and may remain viable in the long term. Our MANA price prediction 2030 forecasts that MANA is expected to trade between $4.82 and $5.12 in 2030.

 

Changelly is a popular site that uses technical analysis to create year-by-year and month-by-month predictions for different cryptocurrencies. According to its MANA price prediction, by 2030, MANA is expected to trade at a high of $10.11 and a low of $8.17, with an average price of $8.41.

 

Here, it’s worth pointing out that 2030 is still a long way away. 7 years down the line, the crypto market could be affected by a host of different events and updates, each of which is difficult to ascertain. Ergo, it’s best that predictions like these are taken with a pinch of salt.

 

 

 

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MANA Price Prediction $100

 

 

It seems that investors everywhere are searching for “MANA price prediction $100.” No one knows the future but tons of people are talking about Decentraland MANA. To reach $100, MANA will have to rise 291x, which translates to a market cap of 183 billion. While this is not impossible in the crypto industry and many coins have achieved this target, there are practical challenges and there has to be significant progress in MANA use cases to justify these levels.

 

In today’s conditions, we believe that $100 is a theoretical possibility for MANA but the odds of it becoming real are extremely low if not impossible.

 

But that doesn’t mean the coin doesn’t have potential. Many experts believe that MANA could have a bright future ahead of it.

 

Wallet Investor considers MANA to be a good long-term investment. The one-year potential is about +15%, and that’s quite stable. In five years, MANA’s price can double up to $10. Depending on the GameFi popularity, the quotes can even triple. If this sector of the crypto world is safe and sound by the end of 2026, then investing in MANA may pay off.

 

 

 

 

 

Decentraland MANA Price Prediction: Is MANA a Good Investment?

 

 

With a well-thought roadmap and vision, Decentraland is an excellent and highly sought-after ecosystem. MANA will undoubtedly reach new heights if it is capable of capturing a substantial portion of the Metaverse’s value creation.

 

Going forward, our MANA price prediction model shows that the crypto could anticipate massive growth and make great profits in the future, with the growing of metaverse and NFTs.

 

However, it is important to note that we are betting on the future of virtual reality and the metaverse is still uncertain (atleast in 2023), and the success of Decentraland will depend on its ability to grow its user base, attract developers, and build its platform.

 

Our advise is to have a very small amount of MANA in your portfolio. If Metaverse becomes a reality and it gets adoption, we might see MANA skyrocket, and now that the price is down, it is a wise investment to make.

 

Please know the figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.

 

 

 

 

FAQs


Will MANA reach $100?

No. According to our analysis, there is no evidence that MANA will reach $100. It is unlikely that the coin will drive large-scale token usage in a short term.

 

Can MANA reach $1000 dollars?

Investors who are particularly bullish on Decentraland (MANA) often discuss MANA price prediction $1000. To reach $1,000, MANA will have to rise more than 2k times from current price at 0.34, which is extremely impractical. As per our MANA price prediction, there is no signal that MANA can reach $1000 in the next 10 or even 20 years.

 

How much will MANA be worth in 2023?

In 2023, MANA price is estimated to reach $0.60, at minimum, and the maximum price could be $0.71, according to our MANA price prediction 2023. The average price might go to $0.63 by the end of 2023.

 

What will MANA be worth in 2025?

Our MANA price prediction 2025 forecasts the coin to trade between $1.28 and $1.57 by 2025.

 

How high can MANA go?

MANA can possibly reach an average price of $0.63 this year. Over the next 5 years, it is predicted that Decentraland may surpass the $3 mark.

 

What will MANA be worth in 5 years?

Based on our MANA coin price prediction, a long term investment in MANA could see the coin price rise to $3.76 within the next 5 years.

 

What will MANA be worth in 2030?

According to our MANA price prediction 2030, MANA coin is estimated to reach a maximum price of $5.12 in 2030. The projected minimum price could be $4.82.

 

Does MANA coin have a future?

Yes. According to our analysis, Decentraland MANA does have a bright future. As metaverse and play-to-earn crypto games are gaining increasing popularity every day, we believe that ecosystems like Decentraland, The Sandbox, and others will likely have a significant place to stake in the future.

 

Where can I buy Decentraland (MANA)?

Notable options for purchasing MANA include Binance, BTCC and Coinbase. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of MANA. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.

 

In order to trade MANA/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade MANAUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps. You can also choose to deposit MANA with a minimum single deposit of 600MANA.

 


What are BTCC’s specs?

Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.

 

BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.

 

With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.

 

Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 150x.

 

Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading MANA now.

 

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