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Decentraland Price Prediction

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Jan 11, 2023
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4 min read
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This blog post will cover:

  • MANA statistics
  • Decentraland Roadmap
  • Crypto community about MANA
  • MANA price prediction
  • MANA price prediction 2025
  • Historical MANA price analysis

MANA is a native token of the Decentraland platform. Decentraland is a decentralized virtual world where users can interact with each other, create lands, characters, games, and even art in NFT form. Even though at first glance Decentraland has a lot in common with such games as the well-known Minecraft, it has a number of significant differences. Most of the things that exist on the platform are created by the users, and also can be sold or bought with MANA.

MANA statistics

Let’s take a look at some MANA statistics represented on coinmarketcap.com:

Price prediction at 01.24.2024:
MANA price: $0.4245924280678705
Market capitalization: $803793959.9852418
Volume (24h): $90047328.30175312
Circulating supply: 1893095370.6427295 MANA
Total supply: 2193179327.320146 MANA

Decentraland Roadmap

Decentraland is a developing platform. There are a lot of interesting features coming. For example, such things as lightning, name tags, street names are being constantly added and renovated. Undoubtedly, these things make interaction with the platform more amusing. Decentraland is also promising:

  1. to start supporting more languages
  2. to activate user moderation to keep community friendly
  3. to simplify communication between landowners and creators
  4. to enable an opportunity to get MANA tokens with the help of the on-platform exchange service, this will be possible thanks to the integration of the third-party platform
  5. to keep users tuned with the help of a specific application with push notifications

Crypto community about MANA

We know that new features on the platform influence its popularity and thus the price of MANA tokens. The Decentraland community seems to be very excited about anything new that appears in the virtual world. One of the most exciting moments about Decentraland is that people create a lot of things all by themselves and are able to share it with the rest of the community.

What is a better sign of a developing community than collaborations with some major brands? 30th of July is International Friendship Day. In order to celebrate it Coca-Cola is introducing an NFT loot box, the Friendship Box NFT. It has several of the following objects: the Coca-Cola bubble jacket, the Coca-Cola friendship card, the Coca-Cola sound visualizer, the Coca-Cola vintage cooler, physical Coca-Cola cooler, and a surprise item. All of these will be sold at an auction.

MANA price prediction

According to the price statistics, the interest in the platform and thus in its token is rising. Unfortunately, it is not possible to make firm predictions about its price in the future, but we still can make assumptions relying on the statistics.

Price prediction at 01.24.2024:
Minimum MANA price for 2023: $0.0000010000000000000002
Maximum MANA price for 2023: $1.073214285714286
Average MANA price for 2023: $0.1503662084904343

Year-end MANA price predictions 2023:
Minimum expected: $0.01861870967741936
Maximum expected: $0.055871612903225794
Average expected: $0.03725516129032259

MANA price prediction 2025

The WalletInvestor.com believes that the price of MANA will continue to grow, and by the end of 2025 it may reach $5.4.Digitalcoinprice.com offers a less optimistic forecast for 2025. Nonetheless, it also sees an increase in price up to $2.

Historical MANA price analysis

All Time High: $1.63 (Apr 17, 2021)All Time Low: $0.007883 (Oct 13, 2017)

Decentraland appeared in 2016. In 2017 it had a $24 million ICO and for a year after that its price did not show any significant changes staying between $0.02 and $0.05. January 2021 became a changing point from which the MANA price started to grow. In February it hit $1, and in May we could witness the all time high $1.63. Unfortunately, MANA was unable to maintain this level and by the end of May the price fell to $0.6. Up until this moment, it stays pretty much at the same level.In spite of this sad statistics, there is an opinion that Decentraland has potential due to the fact that this is an NFT marketplace, even though it is made in a playful way. The popularity of NFT is still quite high, which may draw additional attention to the platform.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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