Decentraland is a virtual world based on blockchain technology. This project allows users to create land, art, and NFTs. The internal currency of Decentraland is MANA, and all in-game assets are on the Ethereum blockchain.
Despite the data presented in this article, it is preferable to conduct an independent in-depth study of the MANA market in order to understand whether the MANA coin is a good investment. Let’s try to conduct a careful study of MANA prospects and understand what development dynamics of the Decentraland MANA project should be expected in the long term.
If you ended up here by chance, but are interested in learning more about the crypto world and the Decentraland MANA, then we advise you to read this article first. In this article, you will find detailed information about the Decentraland project, native tokens, and the possibilities of this virtual community, which will make it easier to understand MANA token predictions.
Table of Contents,
MANA crypto price prediction in 2022
Any prospects for the development of the crypto market, whether it be MANA prediction 2025 or MANA coin price prediction 2030, directly depend on the current situation. Despite the instability of MANA in 2022, the Decentraland currency is still not losing ground and remains in the top 50 crypto projects.
For reference: Although in a decentralized world, cryptocurrencies are still subject to political changes in the traditional financial system, volatility with price drops and increases of 20% is the norm for digital asset markets. The most promising digital currencies for the near future are Bitcoin, Binance Coin, Cardano, Stellar, including Ethereum.
According to Price Prediction, taking into account the volatility of the Mana cryptocurrency, we can assume that by the end of 2022 the average price will be $3.47, and the minimum one could equal $2.94. TechNewsLeader estimates that the average figure for the current year will be $5.09. Algorithmic service Wallet Investor predicts that MANA will reach $5 by March 2023. Thus, it is more likely to say that the MANA token will not rise to $4.3-4.5 by the end of 2022.
Does Decentraland have a future?
Despite the fact that the crypto market is not the most stable thing in the world, the metaverse sector is one of the most popular and promising ones. To make it easier to understand the success facts of the MANA currency, we have collected the following numbers for you, as evidence:
- Decentraland holds 6% of the total market share;
- the circulation volume is 1,813,400,000 MANA;
- MANA decentraland price prediction 2025 is expected to be around $10.1 (average) or $12.45 (high).
It is planned that in the future the volume of Decentraland will only expand. Therefore, answering whether MANA coin is a good investment, Raoul Pal answered that the prospects are good, but the risk will not go anywhere.
Decentraland Price Prediction 2030
After analyzing several official crypto sources about MANA 2025 price prediction and MANA price 2030, we can derive an average optimal scenario for the development of events in the Decentraland market. Experts believe that a new time will come for MANA coins. By 2030, the price of 1 MANA will reach $31.44 (for 2022, the price is $0.70). The average price is expected to be $28.10 and the minimum price will hardly fall below $27.16.
Having taken several sources for calculation, we have come to the following conclusions. In 2030, according to experts, the monthly currency appreciation is expected to rise from the minimum average value of $0.43 to the maximum average value of $1.02. An increase in the currency value is expected by the end of 2030 with slight downturns.
If the Decentraland project can attract investors, then MANA coin price prediction 2030 will be much more optimistic.
Can Decentraland reach $1000?
Such a daring question requires an equally daring answer. Yes, it can. But under what conditions? This setting is already more serious. The information below should not be considered as a MANA price prediction of $1000, but as hypothetical assumptions.
The value of the currency depends on market capitalization. In order for the price of the MANA coin to hit $1,000, the market cap must be $10 trillion. In 5-10 years, Decentraland can give out about one trillion. According to simple calculations, in order to reach $ 1,000, it will take about 50-100 years of more or less steady development of the crypto market, and the probability of such a situation is extremely low. But reaching a $100 flat is quite real. It is expected that by 2040 the cost of 1 MANA coin can be $108.31.
Thus, for a credible MANA coin price prediction 2030, it is necessary to conduct a detailed analysis of the market, while not forgetting that all forecasts cannot be 100% reliable. Many experts believe that Decenraland has every chance to reach new heights in the future and strengthen MANA coins in the market. By 2030, MANA coin has every chance to reach $35, which makes this token a great long-term investment.
I hope that our article will help you understand all the possibilities and prospects of the Decentraland and MANA price 2030. However, do not forget that crypto is synonymous with volatility, so risk assessment is a mandatory step in investing in any token.