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Decentraland Price Prediction 2022-2031: Is MANA Running Out?

decentraland

Decentraland Price Prediction 2022-2031

Think about it. A virtual casino where you can legally gamble and use crypto such as MANA to buy in. MANA is going to go through the roof. Atari has already sealed the deal.

Here’s the point being made: the speculation is on the land auctions within the virtual world. The more your MANA is worth, the more land within the system you can buy. People will then open virtual businesses in prime spots and profit from them. A shared virtual world with MANA token as the currency can make land ownership profitable as you play games.

But lately, there’s trouble in the Decentraland world: Both founders have reportedly left the project and cashed out the majority if not all of their holdings. Is this true? What happens to the MANA tokens and other virtual worlds? Do we cash out our tokens? This is a question and not investment advice.

Amidst all this news, the community still thinks DCL is viable. It just needs mobile capability. Imagine if Facebook, Instagram, and Roblox couldn’t be used on mobile. To me, it’s so obvious. Even websites these days HAVE to be made mobile-friendly. You look at the traffic and it’s 95% mobile. Forget VR, mobile is REQUIRED.

Today’s Decentraland price is $0.644001 with a 24-hour trading volume of $171,758,588. Decentraland is up 0.65% in the last 24 hours. The current CoinMarketCap ranking is #46, with a live market cap of $1,194,676,475. It has a circulating supply of 1,855,084,192 MANA coins and the max. supply is not available. The same scenario is repeated in Coinbase: the price of Decentraland has risen by 0.61% in the past 7 days. The price increased by 1.86% in the last 24 hours. In just the past hour, the price grew by 0.30%. 

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What’s Decentraland?

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Decentraland is a virtual reality platform based on blockchain technology. Decentraland is a virtual world like the virtual worlds depicted in the movie ‘Tron’ or ‘Ready Player One”, but in the real world. Decentraland users can use the virtual world token (MANA) to make transactions in the Decentraland marketplace. Users can buy virtual or digital land in the form of a Non Fungible token (NFT) that can be used to verify ownership in cryptocurrency.

Decentraland price today, MANA live marketcap, chart, and info |  CoinMarketCap

All transactions in Decentraland require the use of MANA crypto. MANA cryptocurrency is a Decentraland coin that powers the Decentraland virtual network. As the concept of NFTs becomes more popular, the popularity of Decentraland and its cryptocurrency MANA has blown up. People can buy MANA to interact with its decentral games, which are available on most major crypto exchanges.

What is MANA?

Decentraland Price Prediction 2021-2025: MANA $25 by the End of 2025

MANA is the cryptocurrency on Decentraland – the world’s first-ever metaverse built on the Ethereum blockchain. It is a virtual reality where you can customize your appearance, explore and create, and buy a real estate property. 

Decentraland’s initial coin offering achieved its goal just one hour after its release into the crypto market, raising nearly €22 million. Today, MANA is used within the platform for customizable units such as wearables, masks, or a custom name available on the website’s marketplace. 

Decentraland Price Prediction for 2021 | Coinlist.me

Virtual Reality is still a technology in development, and it is exciting to think about its growth potential if it decides to go hand in hand with blockchain technology. The MANA team is very competent and shows a clear inclination toward decentralized environments, which is undoubtedly an important point in assessing its development. MANA and Decentraland are trailblazers and pioneers in the new world of virtual crypto reality.

The idea was brand-new at the time, which makes MANA developers trendsetters in this field. It seems like good things always come from Ethereum, which inspires confidence in Decentraland developers. It is also a good starting point for novices in the crypto market and digital creators and investors in digital content.

Decentraland Price History

Decentraland (MANA) has increased substantially since 1st January 2021. Having returned more than 4,300% in the past year, with the technical analysis pointing the digital asset towards an uptrend, MANA shows no signs of slowing down. This is the primary reason why experts across credible and authentic cryptocurrency forecasting portals believe the MANA token has plenty of room to grow. Some analysts believe that investing in Decentraland with an eye on the long term could lead to a high percentage yield.

By creating a virtual gallery, Decentraland can expect its 172,400 followers on Twitter and more across its social media channels to patronize Decentraland and buy products using MANA. If more auction houses, artists, and galleries create a virtual version of their infrastructures, increased usage of Decentraland can reflect positively on the price of its cryptocurrency. 

Decentraland Technical Analysis

Decentraland price analysis shows MANA is currently trading in a declining channel after hitting a high of $0.707 on 30th October. MANA has been progressing well with price-making higher highs and higher lows, but recently saw a rejection at the descending trendline resistance.

Decentraland Price Prediction 2022-2031: Is MANA Running Out? 1

The MACD has also just crossed into bearish territory, indicating downward momentum in the near term. The MACD line has room for a potential bullish crossover, but the histogram shows decreasing momentum upwards.

Support levels can be found at $0.48 and $0.43, both previous resistance levels that could potentially flip to support in a downturn scenario.

On the other hand, if the price breaks out from the descending channel, potential resistance lies at $0.80 and $0.82.The Fibonacci retracement levels also show potential resistance at the 23.6% and 38.2% levels, near $0.56 and $0.62, respectively.

MANA’s price is currently below the 200-day moving average, indicating a long-term bearish trend. However, the 50-day moving average is trending upwards, signaling some short-term bullish momentum.

The technical indicators on the monthly and weekly charts indicate a consolidation phase as MANA appears to recover from the recent sell-off. The Relative Strength Index (RSI) on the monthly chart is currently at 44.5, showing that MANA is not oversold or overbought.

Overall, Decentraland may see bearish momentum in the near term, but a breakout from the descending channel could signal a potential uptrend. Traders should monitor key support and resistance levels and the MACD and RSI for further indications of price movement.

Decentraland Price Predictions by Cryptopolitan

Decentraland Price Prediction 2022-2031: Is MANA Running Out? 2
Decentraland Price Prediction 2022-2031: Is MANA Running Out? 3

Decentraland Price Prediction 2022

According to Decentraland price prediction 2022, a maximum price of $0.73 and an average price of $0.71.The minimum price forecast for 2022 is $0.68.

Decentraland Price Prediction 2023

Our Decentraland price prediction for 2023 suggests MANA could reach a maximum value of $1.20.MANA is projected to attain an average value of $1.05 and a minimum value of $1.01.

Decentraland Price Prediction 2024

Our Decentraland price forecast for 2024 suggests MANA will trade at an average price of $1.44 by the end of 2024. As the year follows, we expect the minimum price to be $1.44.The MANA token could increase demand and reach a maximum price of $1.75.

Decentraland Price Prediction 2025

According to our Decentraland price prediction for 2025, MANA will have a maximum value of $2.47 and an average trading price of $2.09. The minimum forecast for the year is $2.03.

Decentraland Price Prediction 2026

The Decentraland price forecast for 2026 suggests the digital asset will begin the year trading at a minimum price of $281.The Decentraland token’s price might increase each an average price of $2.89 and potentially reach a maximum price of $3.49.

Decentraland Price Prediction 2027

By the end of 2027, our Decentraland price prediction suggests the token could have a maximum price of $8.84 and an average forecast price of $4.16. It is expected to start the year trading at a minimum value of $4.04.

Decentraland Price Prediction 2028

Our Decentraland price forecast for 2028 suggests that the Decentraland token might reach $5.96 as the lowest price. Price growth is expected, and Decentraland may attain a maximum trading price of $6.97.An average forecast price of $5.96 is also expected before the end of 2028.

Decentraland Price Prediction 2029

According to MANA price prediction for 2029, the token might begin the year trading at a minimum price of $8.82 and potentially reach a maximum price of $10.38 by the end of 2029. Decentraland is expected to have an average price of $9.13 throughout the year.

Decentraland Price Prediction 2030

Our Decentraland price prediction for 2030 is a maximum price of $15.24 and a minimum of $12.30.Decentraland is expected to stabilize at an average of $12.76 in the year 2030.

Decentraland Price Prediction 2031

The Decentraland coin price prediction for the year 2031 is a maximum price of $21.34.The digital asset might retrace to an average price of $18.54 and trade at a minimum price of $17.90 before the end of 2031.

Overall, our Decentraland future price predictions suggest that the token has potential for growth in the long term as adoption and demand increase for virtual reality content creation and ownership on the Decentraland platform.

Decentraland Price Prediction by Wallet Investor

Wallet Investor gives their predictions using an algorithmic analysis that takes into account historical data, technical analysis, and market trends. Their Decentraland price prediction for 2022 is $0.486.

Wallet Investor predicts that Decentraland is a bad long-term investment as they project a long-term decline in value. Their Decentraland price prediction for 2025 is a minimum value of $0.076 and a maximum value of $0.129, with an average forecast price of $0.098 in 2025.

Decentraland Price Prediction by Digital Coin Price

Digital Coin Price has a bullish MANA price prediction for 2022, with a maximum forecast of $0.77 and an average price of $0.65 in the year 2022. According to their analysis, the Decentraland token might reach a minimum value of $1.76 by the end of 2025.

In 2027, Digital Coin Price predicts MANA will continue in a bullish sentiment with a maximum price of $2.09 and an average forecast price of $1.98 before the end of 2027. Their prediction for 2030 is a maximum price of $3.59and an average price of $4.31 in 2031.

Decentraland Price Prediction by Technewsleader

Technewsleader is also bullish on MANA’s future price as the website projects it could break the $1 barrier and reach a maximum price of $1.06 in 2022. They also forecast that Decentraland might trade at a range of $0.67 and $0.74in the remaining period of 2022.

In 2025, Technewsleader predicts Decentraland will potentially trade between a range of $2.25 to $2.69, and later in 2027, MANA might attain a maximum price of $5.69.MANA price forecast for 2030 is MANA to trade at a range of $14.32 to $17.46.

Decentraland Price Prediction by Industry Experts

Decentraland has gained attention from industry experts for its unique virtual reality platform and its use of blockchain technology. It has also gained support from well-known Youtube market analysts such as Token Metrics and Crypto Notez

Token Metrics believes that Decentraland has the potential for long-term growth and a high ROI as the virtual reality industry continues to expand. They have a Decentraland price prediction of $14 in 2022 and $3.90 in 2025 and the long-term up to 2030

Crypto Notez is also bullish on Decentraland’s future price, predicting that it could potentially reach a maximum price of $1.55 in 2022 and $11.10 by the end of 2025. They also forecast long-term growth for MANA, with a potential maximum price of $27 in 2030.

Market experts are optimistic about the future of MANA and have given a price prediction of $0.002 by 2030.  According to Crypto Cash Out Youtube-based market analysts, the cryptocurrency will receive mass adoption in the coming years, and this will result in a surge in prices.

MANA has the potential as on 11 October, a DappRadar blog post stated: “The development of metaverse worlds is fast-moving, as more users and brands find their way into this virtual universe. The key metrics DappRadar provides are based on smart contracts, which are mainly submitted by dapp developers. The Decentraland team is currently updating their list of smart contracts and we’re therefore recalculating their metrics.”

Decentraland is one of the most popular metaverse platforms. It is well known for its virtual reality experience that allows creatives to explore the technology by creating content while also allowing them to monetize the experience. The native token, MANA, has gained favorable attention within the industry thanks to its positive public relations and marketing strategies.

During the Metaverse boom, Decentraland was among the highest rallying tokens, and since then, the token has managed a relatively steady positive growth trajectory. The growth of Decentraland into the future is impacted by the platform’s ability to handle transactions smoothly in order to keep users busy.

The Decentraland community has grown significantly, and today, several crypto industry influencers are backing the coin for future price gains. Support from a strong crypto community is essential for the success of any crypto project, and investors are often on the lookout for positive sentiments about their investments. Here is an example of positive sentiment about MANA token gaming crypto influencers.

Conclusion

The Decentraland price analysis above is massively reliant on the historical prices of the MANA token. When investing in a crypto token, it is important to analyze its past price action in order to formulate potential price activity in the future. However, the prices aren’t only driven by past data.

Other market factors such as FUD and FOMO, can easily manipulate short-term prices. However, above everything else, it is important to understand the project and analyze its ability to serve its users as it promises. Nearly all successful coins for the long term must be backed by an ecosystem that offers real value to crypto users. The Decentraland ecosystem is built on a solid framework that has ensured its success thus far and is projected to continue to do so.

Decentraland price predictions are based on a variety of factors, including adoption and demand for virtual reality content creation and ownership on the Decentraland platform. Industry experts and algorithmic analyses predict potential long-term growth for MANA, with some predicting it to break the $1 mark in 2022 and reach prices upwards of $10 by 2025. It is important to remember that these are merely predictions and to conduct thorough research before making investment decisions.

It’s crucial to bear in mind that cryptocurrency markets are still incredibly volatile, making it challenging to anticipate a coin or token’s price with any degree of accuracy over the short term and even harder over the long term. As a result, forecasts made by experts and algorithm-based forecasters occasionally turn out to be inaccurate.

Moreover, it is important to understand the project and analyze its ability to serve its users as it promises. Nearly all successful coins for the long term must be backed by an ecosystem that offers real value to crypto users. The Decentraland ecosystem is built on a solid framework that has ensured its success thus far and is projected to continue to do so.

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FAQs

Is Decentraland a good short-term investment?

MANA dropped to as low as $1.05 for the first time since May 9, 2022, after climbing out of the market crash bullishly and hitting highs at $1.35. There are those who predicted that MANA could soar to $3 in early 2022 but MANA seems running out at this point in time. The better strategy could be a long-term investment but this is not investment advice.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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