The Mana token, created in 2017 by Ari Meilich and Esteban Ordano of Argentina, was initially sold for $0.02. This currency saw a huge increase in demand once Facebook introduced its Metaverse.
Being the native cryptocurrency of the Decentraland video game and an ERC-20 token, MANA crypto can be used to acquire virtual real estate and in-game goods and services.
Despite the general decline of the cryptocurrency market in 2022, Mana is doing quite well. Even once-promising projects like Shiba Inu have had their cryptocurrency values drop by as much as 50%. Mana Crypto, on the other hand, is expanding daily.
Table of Contents
- 1 What is Decentraland?
- 2 History of Decentraland
- 3 Buying Decentraland MANA Coin: Advantages and Disadvantages
- 4 Decentraland (MANA) Coin Price Prediction 2023 to 2050
- 5 Decentraland Mana Coin Price Prediction 2023
- 6 Decentraland Coin Price Prediction 2024
- 7 Decentraland (Mana) Coin Price Prediction 2025
- 8 Decentraland Mana Coin Price Prediction 2026
- 9 Decentraland Mana Coin Price Prediction 2027
- 10 Decentraland (Mana) Coin Price Prediction 2028
- 11 Decentraland Mana Coin Price Prediction 2029
- 12 Decentraland Mana Coin Price Prediction 2030
- 13 Decentraland Mana Coin Price Prediction 2040
- 14 Decentraland Mana Coin Price Prediction 2050
- 15 Takeaway
What is Decentraland?
Decentraland project can be defined as a Virtual reality (VR) platform powered by the Ethereum blockchain where users may make, browse, buy, and sell their content and dApps.
This paves the way for people to make their content and apps, as well as experience them and earn money from them.
Decentraland is a virtual environment where users can buy pieces of land to explore, develop, and monetize.
The platform sells “digital land,” a kind of transversal 3D virtual environment separated into chunks that individual users may own permanently and purchase with tokens. In the Decentraland economy, MANA tokens, the native currency of Decentraland, can be used as a form of payment.
Cryptocurrency | Decentraland |
---|---|
Ticker Symbol | MANA |
Price | $0.7366 |
Market cap | $1,366,858,519 |
Circulating Supply | 1,855,084,192 MANA |
Trading Volume | $136,907,318 |
All time high | $5.90 |
Exchange | Binance, BTCEX, OKX, BingX, Deepcoin |
Market Rank | #44 |
History of Decentraland
In December 2017, when Decentraland first launched, one unit of its cryptocurrency cost about $0.024. Later, it rose and broke beyond the $0.24 threshold, only to be met with resistance.
Since the beginning of this year, the price of Decentraland has been fluctuating within a rather narrow range. The coin then swept through its many other copies like a tsunami.
Since December 2020, when the asset’s price on Decentraland increased to roughly $0.80, the boom phase, i.e., the bull pushing the MANA pursuit, has truly realized.
This pattern persisted until April 2021, when the price of MANA reached a new all-time high of $1.56. Despite this new high, the MANA continued to correct lower, and the price of Decentraland fell below $0.65.
Buying Decentraland MANA Coin: Advantages and Disadvantages
Advantages:
- It relies on cutting-edge W3 technology, the foundation of the next-generation web.
- Since it lacks a central authority structure, it can keep the greatest standards of openness.
- Instead of being backed by digital assets on DOA ownership stored in a blockchain, the token is dependent on an unrelated crypto coin.
Disadvantages
- The price of MANA coin, like other major cryptocurrencies, is highly volatile. The short-term investment appears risky; therefore, speculators should stay away.
- In the short term, there is a considerable risk of experiencing a loss of investment.
Decentraland (MANA) Coin Price Prediction 2023 to 2050
The cryptocurrency market is extremely unpredictable at the moment and thus, making accurate price forecasts is difficult.
However, our research indicates that the MANA price has the potential to increase all the way to $2.11 in 2022 while also trading as low as $0.85 and as high as $1.48 on average. The Mana Coin in 2022 may have risen above our projection thanks to the coin’s widespread appeal and the inventiveness of its metaverse ideas.
Decentraland Mana Coin Price Prediction 2023
Decentraland (MANA) has built a fast and stable network that supports the product’s intended user experience.
Our analysis of the Decentraland market predicts that for Mana Prediction 2023, these features might push the MANA token’s price to $6.7 by the year 2023.
Our Decentraland MANA price estimate for 2023 anticipates a continuity of the push for real cryptocurrency, which could lead to a paradigm surge in the crypto market.
Decentraland Coin Price Prediction 2024
Few decentral forecast that the MANA price may reach $8 in the crypto market, and that is before considering the technological advances and development the company plans on.
Decentraland (Mana) Coin Price Prediction 2025
Cryptocurrency experts have studied Decentraland’s price variations over the past few years. In 2025, analysts predict that the MANA price range will go from a low of $2.08 to a high of $2.54. The average cost to make a trade is $2.14.
ALSO READ: Ethereum Price Prediction 2022 – 2050 | Can (ETH) reach 100k?
Decentraland Mana Coin Price Prediction 2026
When prospects in the markets are favorable, one digital asset is anticipated to rise above all others, reaching the summit in 2026 MANA.
Our crypto prediction indicates that MANA will eventually bring its users great success. Based on the current price of Decentraland (MANA) and its previous performance, experts believe that the price of Decentraland (MANA) might reach $12.5 by the end of 2026.
Decentraland Mana Coin Price Prediction 2027
Expert cryptocurrency analysts are always studying Decentraland’s price changes. The consensus forecast sets the average price of MANA at roughly $4.67. It might go as low as $4.51 or as high as $5.51 by the end of 2027.
Decentraland (Mana) Coin Price Prediction 2028
In 2028, experts predict that the price of one MANA token will range from $6.62 to $7.89. Predictions put its annual average price at $6.85.
Decentraland Mana Coin Price Prediction 2029
In 2029, the MANA price cap of $11.69 will set the calendar. The price may fall to $9.61, though. A median selling price of $9.95 would be assumed in this case.
Decentraland Mana Coin Price Prediction 2030
There is a good chance that a new era for the cryptocurrency market is upon us. In 2030, many cryptocurrencies, including Mana Coin, may reach all-time highs.
As of the year 2030, the highest possible price for a MANA coin is $35.63. At the end of 2030, we expect an average price of $32.25 and a low of $29.21.
Mana prices have the potential to rise significantly above our current Mana coin price forecast if investors are drawn to this Metaverse project.
ALSO READ: Price Prediction of Dogecoin (DOGE) 2022 to 2050
Decentraland Mana Coin Price Prediction 2040
Our long-term Decentralnd price estimate indicates that this year’s price might be an all-time high for the cryptocurrency. Depending on market conditions, the average price of a Mana Coin in 2040 could be around $94.76.
We estimate that by 2040, the most one Mana will be worth is $108.31. Mana Coin’s price may rise over our 2040 projection if the market suddenly turns positive.
Mana Coin can drop to as low as $86.13 if the market turns overly cynical.
Decentraland Mana Coin Price Prediction 2050
If you plan to keep your Mana for a while, it’s worth it. If demand keeps up and supply stays the same, our Mana price forecast for 2050 is an average of $243.28.
The lowest possible value of a single Mana Coin is around $225.56. Not only has Mana come a long way, but several cryptocurrencies have the potential to reach new highs this year. The highest price for Mana is predicted to reach $265.12 by the year 2050.
Takeaway
Most digital coin prices have shown extreme volatility, and trading cryptocurrencies during such periods carries a high degree of risk.
Decentraland (Mana) has been a solid investment for quite some time. The price of Decentraland will increase steadily over the next decade, reaching $35 by 2030.
Mana’s return on investment (ROI) could be significantly higher in 2030 than today’s if you can wait that long. We advise traders to reduce their exposure to risk by conducting their analysis and forecasting of the market prior to entering into any trades.
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