MANA or Decentraland is based on the Ethereum blockchain. The users can create digital assets such as plots or contents as it’s a virtual reality platform that lets users monetize their products.
It was launched in 2017 with an initial cap of $24 million offered during ICO. It was finally available for the public in 2020. As soon as it was available the people started developing games, 3D scenes and other digital assets.
MANA was founded by Esteban Ordano and Ariel Meilich. Although they stepped down, they are also part of its advisory team. They both have a long history of partaking in startups and cryptocurrency ventures. If you see MANA’s price change on CoinMarketCap it will absolutely shock you, it has mooned like no other cryptocurrency.
What is the purpose of the MANA/Decentraland coin?
Decentraland is named “Metaverse” , a game world containing a total 90,601 parcels of land based on several districts and each one if them is equally distributed into 16m x 16m (256 square meters).
Facebook recently rebranded itself as Meta. The name change has brought attention to Decentraland. Due to which its currency MANA has seen a pompous surge in price of 40% and its trade volume is also boosted 2,000%.
Many financial analysts have opined about the future price of Decentraland token MANA.
- According to DigitalCoinPrice Decentraland will stay strong until December and close the year at $1.91.
- WalletInvestor predicts that MANA will keep gaining points and will reach $1.56 just before 2022’s end.
- Gov Capital predicts MANA to gain and reach $1.52 next year.
- The Economy Forecast Agency predicts MANA will stay around bearish at $1.15 but reach, but only in the short term. The site expects MANA to drop to $1.15 as high as $3.02 in 2022s.
How do Decentraland users earn?
Decentraland is an entertainment platform for creative people. They not just create digital assets and monetize them but also lease LAND and also earn through ads. Decentraland provides users many opportunities to earn MANA tokens.
After facebook’s rebranding MANA has gone to the moon. Today it was traded at $3.15 which is a huge progress from $0.7 just five to six days back. To stay sustainable MANA must establish its support especially growing from $4 to $5 so that at least it stays around it.
Decentraland MANA Price Prediction 2022
MANA’s bullish trends seem to continue and if it continues to grow it’s expected to reach $10 in 2020s, probably by October. From December 2021s to onwards until June-July next year, MANA will stay bullish. It’s trading price will be around $8. Afterwards, it will show steady growth and reach $15.
Decentraland MANA Price Prediction 2023
With upcoming many technical advancements scheduled will happen in 2023. Decentraland’s price will be at least $25 due to the bullish trend. $25 is MANA’s all time high and it will also increase users’ profit manifolds.
Decentraland Price Prediction 2024
Decentraland is the only platform that ensures quick upgrades. MANA’s price gains will not just increase its value, but all those people connected to it will earn huge benefits. All those digital assets and LAND parcels will reap huge profits. The data collected shows MANA will close 2024 at $35 price mark.
Decentraland MANA Forecast Prediction 2025
Many experts are positive about MANA’s price in 2025 and it will reach $50. The case of Decentraland is totally different from other cryptocurrencies as it is very unique in its own way. Only SAND is the closest to it. Many would think that reaching $50 will be a milestone nearly impossible to achieve.
The fact is it’s not. The price of MANA can go even beyond $100 which is also achievable and very likely to happen in the same year.
Is Decentraland MANA a Good Investment?
Decentraland has a lot of potential to grow. One of the reasons being its newness and refreshing edge to it despite the fact that it’s all virtual. There’s no doubt that MANA has all that is required of a cryptocurrency. If it keeps improving the chances are it can compete against the top 10 cryptocurrencies.
The odds are next to nothing and the evens are real time and still counting. So MANA is safe to invest it may surprisingly give you more profits in future then any other cryptocurrency.