Decentraland (MANA) describes itself as a virtual reality platform based on Ethereum blockchain. This allows users to use, monetize and experience the content and applications. On the Decentraland platforms, MANA tokens can be used to purchase avatars, wearables and other items. This network was founded in 2017 with an initial coin sales of approximately $ 24 million. Further in this article, you will be reading our Decentraland price prediction as many have invested their money watching this 10x growth in just a few days. Since playing on the blockchain is still a new concept, it is important to read the MANA price prediction from various sources.
LAND and MANA are the two tokens used by Decentraland. MANA is an ERC-20 token that must be destroyed in order to obtain the ERC-721 LAND tokens, which are not fungible.
What is Decentraland (MANA)?
Before investing and reading the MANA price prediction, we recommend that you read the most basic things about MANA. Ari Meilich, the main project manager, leads the MANA team. Esteban Ordano heads the technology division. Decentraland has been around longer than normal. In 2015 the team reached their first milestone, the Stone Age.
Some of the team’s services are provided in collaboration with districx0x, Aragon and imToken. MANA is a unique company in the blockchain world with no significant or direct competitors.
Decentraland is a metaverse based on the Ethereum blockchain. Metaverse game coins have been gaining attention and price increases lately. Anyone can play Decentraland on their laptop using just one browser. People can buy land and other digital things, also known in-game as NFTs, through NFT marketplaces like Opensea.
The craze for Decentraland is growing every day as huge bands like Binance, Kucoin and many others buy land in the game and build their own virtual buildings to promote their products and apps.
Similarly, the upcoming game Bloktopia is building a futuristic metaverse game used by brands to advertise in in-game banners. Due to its increasing popularity, we cover Decentraland Price Prediction for the years to come.
What distinguishes MANA?
This platform serves as a nexus for artists, companies and individuals looking for new artistic media, commercial perspectives or entertainment. MANA is one of the oldest Metaverse projects that started in 2016. In addition, it is also Sandbox’s biggest competitor.
Timetable
From MANA’s point of view, the Iron Age will be the next stage after the Stone and Bronze Ages, which offers promising developments and makes it possible to climb the ladder of development. Keeping track of who each package belongs to in the virtual world would be a more brilliant contract. This ambitious milestone includes a peer-to-peer network, a micropayment system and a land management interface with a script language. It is a wonderful time to begin the Decentral and Iron Age growth.
Decentraland vs Sandbox
MANA vs SAND the topic is sparking new hated arguments on social media, especially on Reddit. Both groups of people have their own points to say. We have observed that Sandbox is a nicer and more mature game than Decentraland. However, both are still in their early stages and big changes are coming soon.
MANA price forecast
Decentraland is one of the many projects that use a decentralized autonomous organizational structure (DAO) for governance decisions. By proposing and voting on policy updates, MANA token holders have a say in how the Decentraland universe works.
Many Decentraland users are currently making money from their land through leasing, advertising and selling paid experiences. Many have already given in their Decentraland price prediction, but some of them are talking about technical aspects rather than the project itself.
MANA market data & price in real time
MANA has a current data price of $ 0.742542 and a 24-hour trading volume of $ 66,708,960. The data is derived from a technical analysis and a thorough real-time forecast. Decentraland has gained 2.90 percent in the last 24 hours. The current market capitalization is # 76. The current market capitalization is $ 1,349,167,774. There are 1,816,959,291 MANA coins in circulation. This is the latest market data and so read our MANA price prediction in case you are planning to pull or bet your money.
MANA price prediction 2021
MANA stayed at $ 0.08 for the first few weeks of January as the downtrend continued to spread. The token has gradually gained in value. The currency soared to $ 1.19 in March.
MANA could focus on expanding its seamless service capabilities, and social media influences could help the token’s growth. In the end, an average of $ 1.8 can be estimated. In the event of a bearish period, the maximum forecast price could reach $ 6.89 and the price could drop to $ 0.6347.
MANA price prediction 2022
Earlier this year, the price prediction for MANA Coin could be between $ 1.95 and $ 2.1 if MANA’s downward trend continues and makes it more convenient for the user. By the end of the year, the token could be worth $ 7,526 or more.
MANA price prediction 2023
The MANA price prediction for the respective year could be up to $ 10,546 at the highest level and up to $ 8,546 at the lowest level. This information is gathered through technical studies and analysis that will help you decide whether to invest or not.
MANA price prediction 2024
In 2024, price momentum is expected to be around $ 1.96 at the start of the year. It is possible that the price will be $ 15.61 by the middle of the year. The price could be $ 17 by the end of the year. Remember, these MANA price predictions are based on the expected project hype in the future.
MANA price prediction 2025
At the beginning of the year, a price of around USD 16.28 was achieved. Towards the middle of the year, however, a price range of $ 17.04 to $ 12.11 could dominate. The price could drop to $ 10.19 in the final months of the year. This information is updated after extensive research and analysis, giving you a complete picture of the investments to be made.
Also read: NU price prediction
last words
This is a unique project with a lot of potential, but it has not yet been thoroughly tested on the market. It could be his goal to be at the top, reach new heights in the next five years. Users may increase and investor interest in investing increases due to certain relationships and advances. It can also achieve high market rankings if it gains in value and is recognized by the entire crypto community. By the end of the next five years, MANA could be worth around $ 10.
frequently asked Questions
Here are some common questions about mana for newbies.
In which wallets can I keep MANA tokens?
There are different wallets to choose from. The MANA coin is an ERC20 token. A hardware wallet such as the Ledger Nano S or the Trezor is recommended. These help keep your money off the internet and are less likely to get infected by dangerous software. Those who are trying to invest in this coin have long searched the wallet for holding the token. Well, if you don’t know the platforms, here are some names suggested below:
- Ledger
- Trust wallet
- MetaMask
- Coinbase
- Atomic wallet
Where can I buy MANA tokens?
MANA can be bought with Bitcoin or Ethereum on major exchanges. Binance and OKEx are the exchanges with the most trading volume. Traders don’t have to worry as there are many real platforms online where traders can easily buy the Decentraland tokens:
- Binance
- OKEx
- Mandala
- CoinTiger
- FTX
- exchange
Is it possible to cut Decentraland in half?
No, there is no option where MANA can be halved or ignored.
Is Decentraland a non-financial token (NFT)?
Decentraland consists of 90,601 land units of 16 × 16 meters. Each packet is an NFT and is determined by its placement in the virtual world. It also contains the owner’s information.
Opportunities Rug Pull and Scam
Well, most of the traders bought and noticed the coin to make sure the coin is real or good for investment. According to the reports, the coin is genuine and trustworthy where traders can easily invest.
What is the future potential of Decentraland Token?
Due to its increasing exposure to the NFT market, its unique income streams, its dedicated community or its advanced approach to governance, Decentraland has a brighter future. It is one of the most innovative companies in its field and an early adopter of computerized real estate. It has a growing graph which means growth at an excellent level.
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