Compared to the past month, the native token of the Decentraland platform has fallen by 15%. However, over the past week, it has increased by approximately 4%. As of August 14, 2024, the cryptocurrency is trading at $0.279 and holds the 104th position by market cap. Will the MANA coin (MANA) fully recover? Check out the Decentraland price prediction for 2024 and beyond.
What is Decentraland
Decentraland is a virtual reality world based on Ethereum, where users take the reins through a decentralized autonomous organization. It’s a vibrant space where imagination and blockchain technology come together. Here, you can purchase, develop, and explore digital land parcels known as LAND. These parcels can be merged into larger Estates and transformed into a variety of virtual environments — think shopping malls, museums, or event venues, all echoing their real-world counterparts. The platform’s economy is powered by three native tokens: MANA, LAND, and Estate. Today, we’ll focus on one of these tokens. What is the MANA price prediction over the coming months and years?
Decentraland coin price prediction
What are the expectations for MANA in the near term?
Decentraland crypto price prediction: short-term outlook
According to CoinCodex’s Decentraland price prediction, MANA is expected to rise by 6.38%, reaching $0.288236 by September 12, 2024. As of August 13, 2024, the overall sentiment for the Decentraland price forecast remains bearish, with 7 technical analysis indicators showing bullish signals and 23 indicating bearish trends.
Decentraland price prediction 2024
According to CoinCodex’s projections for Decentraland, MANA is forecasted to trade between $0.237198 and $0.345568 in 2024. If it reaches the upper end of this range, MANA could see an increase of 24.33%, reaching $0.345568.
Wallet Investor’s Decentraland price prediction suggests that by the end of 2024, MANA could achieve a maximum price of $1.013.
DigitalCoinPrice reports that, based on insights from investors and market experts, Decentraland is expected to surpass the $0.62 mark by the end of this year. Before reaching $0.62, the token may briefly exceed its previous all-time high of $5.90. Market analysts anticipate that Decentraland will soon break its past peak of $5.90 and settle between $0.57 and $0.62.
Decentraland price prediction 2025
According to DigitalCoinPrice, Decentraland might exceed the $0.73 barrier and sustain that level by the end of 2025. The price could fluctuate between $0.61 and $0.73, with the most probable value stabilizing around $0.71 by year’s end.
CoinCodex anticipates that by 2025, Decentraland’s price could vary between $0.237198 and $0.719737. If MANA climbs to the top of this range, it could see a remarkable boost of 157.29% from where it stands now. According to Wallet Investor, MANA could potentially reach $0.853 by the end of 2025.
Decentraland price prediction 2030
CoinCodex projects that by 2030, Decentraland’s price could range from $0.104184 to $0.93072.
DigitalCoinPrice’s forecasts and technical analysis suggest that Decentraland’s price could reach $2.10. The period from 2024 to 2030 is expected to be crucial for Decentraland’s growth.
Should you invest in MANA? The future value of this coin relies on several factors, including market trends, advancements in technology, and how investors feel about it. While there are moments when it seems like the price might rise, the market’s unpredictability means it could also fall. Deciding whether to invest in MANA tokens should hinge on your personal comfort with risk and investment objectives. Whether you’re considering investing or holding back, take your time to weigh the risks involved.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
