Decentraland (MANA) Price Prediction 2023, 2024, 2025 to 2030: Can MANA reach 10USD?
MANA has been growing well in 2023, but it is the right time to buy MANA? Can MANA reach its ATH in 2023?
After a successful run in 2021 bull run, 2022 was entirely bearish for this Metaverse token. Investors who purchased MANA in 2022 is now sitting at loss. Can MANA token recover from here or is it already a dead token? Let’s find out.
Decentraland is a virtual reality framework that is fueled by the Ethereum blockchain. Users can create, buy, and commercialise virtual reality apps. Decentraland Price Prediction (MANA) 2023 and beyond is based solely on technical analysis. The key aspects that we considered when developing our MANA price analysis and prediction are listed below. It’s not just a fun project, it’s also something we would like to invest in. In this article, we will explore the question, “Can Decentraland regain its ATH?“
What we are going to learn?
Decentraland Price Prediction: Overview
|Price||$ 0.4 (July 21 2023)|
|All Time High||$ 5.8500 November 25, 2021|
|All Time Low||$ 0.0092 October 31, 2017|
What Exactly is Decentraland?
Decentraland (MANA) is a blockchain-based virtual world framework. It also allows users to make, experience, as well as commercialise apps. Furthermore, the digital world began its closed beta in 2019 and the alpha version just launched in December 2021.
MANA is an ERC-20 token that is used in order to obtain non-fungible ERC-721 LAND tokens. MANA tokens could also be used to purchase wearables, avatars, names, as well as other items on the Decentraland global market.
The primary goal of Decentraland is to assist content creators, individual people, and businesses searching for a different artistic medium and also provide a platform for new economic opportunities.
How to buy Decentraland (MANA)?
Best Indian exchanges to buy MANA with INR
|Buy ETC on WazirX|
|Buy ETC on CoinDCX|
|Buy ETC on BitBNS|
|Buy ETC on Giottus|
Buy Mana with USDT – Best International Crypto Exchanges to buy Mana tokens
|Buy Mana with
MANA Onchain Analysis and stats: July 2023
80% of the MANA token holders hold more than 0.1% of the total supply individually. This indicates high concentration by large holders.
Only 17% of the MANA holders at the current price are in profit as of today (July 20th 2023).
66% holders are holding MANA from more than 1 year. This indicates higher conviction among investors.
Decentraland (MANA) Price Prediction: Current Market Status
In July and August 2023, MANA is expected to trade between 0.23USD to 0.55USD.
Mana could look green on charts in next 50 days. Binance, OKEx, Upbit, FTX, and CoinTiger Exchanges seem to be currently the top cryptocurrency transactions for MANA. Let’s move on to the next section of MANA Decentraland price prediction and check its previous price history.
Decentraland Price History 2021
MANA traded goods at $0.08 at the beginning of January, despite a growth of the bearish run. The token gradually began to increase in value. On a positive note, the currency soared to $1.19 in March and then banged the all-time high of $1.63 in mid-May.
The price fell back to $0.4368 as a result of the May market crash. After restarting its bull run in June, the MANA price skyrocketed to $1.07 in September. The altcoin boomed in Q4 despite some fluctuations.
The beginning of the month was bullish for the MANA price, which has remained in the $$0.78 range all through the month. Nonetheless, following Facebook’s rebranding to Meta, the asset had also managed to increase revenue. On November 2nd, the price rose parabolically from $0.9646 to $3.7. Furthermore, the Metaverse Token experienced an elongated rally, hitting a new all-time high of $5.48 on November 24th.
MANA was trading around 3.33USD in December 31, 2021.
Decentraland Price History 2022
Entire 2022 was almost a bear run for Decentraland token. From trading around 3.33USD in January, 2022, it dropped below 0.65USD in May 2022 and since then, it has been trading sideways. On 2nd December 2022, MANA was trading at 0.4USD. It closed the year at 0.3USD.
Decentraland Price Prediction
MANA Price Prediction 2023
|When||Maximum Price||Minimum Price|
What is the MANA price prediction for 2023? Will it continue to fall or go up? As per our price prediction, if we look at the overall progress, 2023 could be BEARISH for MANA.
However, July onward, the there could be a jump in MANA price. We could see price of MANA move around 0.23USD to 0.55USD.
Minimum expected MANA price is 0.08USD (December 2023).
What is Decentraland Prediction for July 2023?
July could be a bullish month for MANA holders. The token is expected to trade in between 0.49USD to 0.23USD.
What is MANA Prediction for August 2023?
In August, 2023, MANA price may slide further down to as low as 0.29USD. Maximum price target for MANA token in August 2023 is 0.55USD
What is Decentraland (MANA) Price Prediction for September 2023?
In April, MANA could end up in red. It could trade in between 0.46USD to 0.2USD.
What is MANA Prediction for October 2023?
October, we may see another RED month for MANA. Maximum price prediction for MANA in May 2023 is 0.32USD and minimum being 0.18USD.
What is MANA Prediction for November 2023?
As per our MANA token price prediction analysis for November 2023, we can expect MANA token to trade in between $0.28 and $0.15.
What is MANA Prediction for December 2023?
MANA’s maximum and minimum price prediction for December 2023 is $0.24 and $0.08.
Decentraland (MANA) Price Prediction 2024
|When||Maximum Price||Minimum Price|
After finding its bottom in 2023, MANA is expected to show positive price movement in 2024. MANA could grow by more than 150% in 2024.
Max MANA price prediction for 2024: 0.524USD (December 2024)
Min MANA price prediction for 2024: 0.107USD (May 2024)
MANA Price Prediction 2025
|When||Maximum Price||Minimum Price|
MANA in 2025 is expected to be in bull run. Metaverse trend is expected to be back in 2025, and the project could find massive adoption by this year. Decentraland is expected to be involved in local initiatives, and so as a result, we are hopeful about the token’s growth prospects in terms of various variables such as prices, volume, improvements, and so on. If they maintain their dynamism and gain a great market cap, their proposals focusing on education, outreach, and advancement may propel the MANA token price to a having a significant impact of $1.097 USD at max by the end of December 2025.
MANA Price Prediction 2026 to 2030
|Mana Price Forecast||Max Price (In USD)||Min Price (In USD)|
The overall trend for the price of MANA token from 2026 to 2030 appears to be bullish, with an expected rise in value, although there will be fluctuations along the way. In 2026, the maximum price is expected to reach 2.193 USD, making it a good buying opportunity for those bullish on the token. By 2027, the maximum price may be slightly lower at 1.462 USD, but still within a reasonable range for investment.
In 2028, the maximum price is expected to increase again, making it another potentially good buying opportunity for those who are bullish on the token. For the years 2029 and 2030, the predictions show a continued upward trend with maximum prices reaching 2.632 USD and 4.474 USD respectively, suggesting that now might be a good time to consider investing in MANA if you have a bullish outlook. However, it is important to do your own research and assess your own risk tolerance before making any investment decisions.
Decentraland Price Prediction in INR
|Mana Price Prediction in INR||Maximum Price||Minimum Price|
|2023||Rs. 44.25||Rs. 10.64|
|2024||Rs. 46.92||Rs. 8.32|
|2025||Rs. 87.76||Rs. 27.04|
|2026||Rs. 175.44||Rs. 54.16|
|2027||Rs. 116.96||Rs. 36.08|
|2028||Rs. 140.4||Rs. 43.28|
|2029||Rs. 210.56||Rs. 64.96|
|2030||Rs. 357.92||Rs. 110.48|
The price prediction of MANA token in INR suggests a fluctuating trend over the next few years. In 2023, the maximum price is expected to be 44.25 INR, with a minimum price of 10.64 INR. In the following year, 2024, the maximum price may increase to 46.92 INR, with a minimum price of 8.32 INR.
However, in 2025, the maximum price is expected to rise again to 87.76 INR, with a minimum price of 27.04 INR. Over the next few years, the prediction shows an upward trend in the maximum price, reaching 175.44 INR in 2026, 116.96 INR in 2027, 140.40 INR in 2028, 210.56 INR in 2029, and finally 357.92 INR in 2030.
These predictions indicate that investing in MANA token could be a good opportunity for those who are bullish on the cryptocurrency market in India.
However, as always, it is important to conduct your own research and assess your own risk tolerance before making any investment decisions.
Some key take aways:
- Expected MANA Price in INR by 2023: 44.25 INR
- Future MANA Price in INR by 2024: 46.920 INR
- Maximum Mana Price Prediction 2025 in INR: 87.76 INR
- Minimum Mana Price Prediction 2025 in INR: 27.04 INR
- Maximum Decentraland Price Prediction 2030 in INR: Rs. 357.92
- Minimum Decentraland Price Prediction 2030 in INR: Rs. 110.48
What is causing the price of Decentraland (MANA) to trade sideways?
MANA saw an enormous rise in 2021 due to the Metaverse trend. The price inflated in a very short amount of time, which is when the investors and the whales started taking profit, and the price started to fall. The bear market is expected to continue in 2023 which is why MANA could also be trading sideways.
How we can purchase Decentraland (MANA) Tokens?
As a newcomer, all reputable exchanges, which include Binance, Coinbase Pro, Huobi Global, and many others, have this Decentraland as one of the tokens trading on their platform.
You can also profit from trading Decentraland straight for fiat currencies such as USD, EUR, GBP, and others, as well as other cryptocurrencies on many transactions. Investors can also take advantage of Decentraland MANA’s block rewards programme and track digital coin price predictions.
Is the MANA Coin a Wise Investment?
MANA is among the crypto market’s most active digital assets and probably one of the top 3 Metaverse projects.
Furthermore, MANA has become one of the well-known crypto systems that also generates NFTs, lands.
You can start accumulating MANA around the current price, and keep adding with every 30-35 percent fall.
Crypto traders, on the other hand, must exercise extreme caution when trading in cryptocurrencies, since they are incredibly volatile.
Can Decentraland (MANA) Reach $10?
MANA can reach 10USD but not before 2030. I think we could see MANA token cross 10USD in 2031 or 2032. For Mana to reach 10USD, market cap would be close to 15Billion, and I think it is possible.
Can Decentraland (MANA) Reach $100?
$100 for one MANA token may be too high to reach. This would place its market capitalization at $170 billion, which I do not think MANA will reach anytime soon.
There are some analysts who believe 100USD is possible, though. As per Raoul Pal, Decentraland has huge potential and could be worth far more than $100 in the long run.
The main impediment as well as purpose why Decentraland may struggle to achieve $100 is that it has a large supply. There are presently 1.7 billion tokens in circulation.
Price = Market Cap / Circulating Supply
Price * Circulating Supply = Market cap
$100 * 1 700 000 000 = $170 000 000 000 = 170 Billion USD
In Simpler words, Decentraland’s market cap must reach $170 billion in order for it to reach $100. This could happen by 2040 or 2050. I do not expect MANA to reach 100USD anytime before 2030.
Read about other metaverse projects:
MANA has a good future ahead of it. However, for that to happen, this bear market needs to end first.
With latest progress within the MANA environment and the as a whole crypto market, we may well see MANA reach new levels.
Furthermore, MANA has a good chance of exceeding its ATH, but it may take several years.
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.
My 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.
Let us know what you think about our MANA price prediction 2023 to 2030. Please know the digits are generated using our Price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Please DYOR before investing.
Last updated: 20th July, 2023