There is no doubt that the Decentraland MANA coin is a popular coin. In a relatively short while, it has amassed much influence and publicity. However, many people still do not know anything beyond the name of the coin and its status as a DeFi asset. Let’s talk about MANA more in-depth and answer the question: is MANA a good investment? We’ll review MANA price prediction including short term and MANA long term price prediction. You’ll also learn how to perform MANA exchange at the very best rate!
Table of contents
- What is Decentraland (MANA)?
- MANA Price Prediction 2021: How It Was?
- MANA Future Price Prediction
- Can MANA Reach $100?
- Is MANA a Good Investment?
- MANA Exchange: Where and How?
What is Decentraland (MANA)?
Decentraland (MANA) is essentially a virtual reality platform on the Ethereum blockchain. It leverages the real estate industry and operates a model that offers users a platform to create, experience, and monetize content and applications. Users acquire plots of land on the virtual platform to build them as assets. They can later monetize these assets as interactive games. The platform launched in 2017 and opened to the public in February 2020. To trade on Decentraland you have to use MANA coin as your exchange currency.
|Circulating Supply||$ 1.8B|
|All-Time High||$5.48 (November 242021)|
|All-Time Low||$ 0.0092 (October 31, 2017)|
MANA Price Prediction 2021: How It Was?
MANA started out in January 2021 at $0.08. However, the token reached a positive growth trajectory, although slow but steady. At around March the currency had risen to $1.19 and hit $1.63 by mid-May.
The month of May pushed the market down a bearish slope and set the price back at $0.4368. The token got off the lane and sometimes in September it had risen to $1.07.
The last quarter of the year 2021 reflected fluctuations in the value of the coin but averaged a bullish rise. Facebook’s announcement of its rebranding and renaming to Meta, led MANA to also increase in revenue. By November 2nd, the price saw a shift from $0.9646 to $3.7. It eventually reached a new all-time high of $5.48 on November 24th. Since this record, MANA has faced a downward shift in the price of the MANA token.
MANA Future Price Prediction
With these fluctuations in value, the future prediction shows that MANA has great potential and could reach hundreds of dollars in value. But really, can MANA reach $100? Is there a possibility? Well, let us take a look at some MANA long term predictions as well as some predictions of the value of the MANA coin in the nearest future for proper analysis.
Price Prediction 2022
This is 2022, the best time to get your investments right. What are the predictive statements about the Decentraland coin? Is MANA a good investment in 2022? According to expert price predictions, MANA has maintained a rather unstable position so far. Several factors have affected its volatility. However, this is not peculiar to the MANA token. The majority of factors that have forced the token to go bullish are more extrinsic than intrinsic. Following the decline in the price of MANA from November 2021, the beginning of 2022 brought the coin further less as the crypto market faced a general downturn.
The first 2 months of 2022 were looking up for the token. When compared to other industry leaders like Bitcoin, Ethereum, and Shiba Inu, MANA pulled off a better job. However, in the wake of the month of March, MANA has fallen right behind some of these tokens. The prediction, however, is that by the end of 2022 MANA would reach an all-time high of $8. The first half of 2022 will experience a sporadic increase which may douce although not significantly as the months go by. With the lineup of upcoming collaborations and advancements, the token is set to reach a new high in 2022 and years to come.
Price Prediction 2023
Two factors will push Decentraland (MANA)’s growth and aid fast and sustainable development. They are its fast and dependable system and secondly, its customer-centric services. These characteristics in 2023 will set the MANA token at a premium price of $14.70.
Price Prediction 2025
Being a dynamic token, Decentraland is also involved in several local initiatives. These initiatives are bound to result in growth prospects of its price, volume, tradeability, relevance, and quality. These proposals and interest in the area of education, outreach, and advancement may push the MANA token price to over 200% increment, leaving it at a significant price of $38 in 2025.
Price Prediction 2030
By 2030, MANA token will have recorded over 350% increase in value from its value in 2025. The token has the potential to survive and grow beyond time.
Price Prediction Reddit
According to Reddit, “Decentraland has seen an influx of luxury brands entering, who are looking for opportunities in a market where annual revenue could soar to $1 trillion.” Hence, there is nothing stopping the bearish move of the token.
Can MANA Reach $100?
Definitely, without mincing words, Decentraland has the potential to eventually reach $100. At this height, it would have gained a market capitalization of $170 billion. This is not impossible or difficult to attain seeing that it is less valuable than Ethereum as well as other cryptocurrencies. According to crypto pundits and expert traders, MANA price prediction, in the long run, could result in more than $100. The only bottleneck to achieving this feat is the size of the token supply. MANA needs nothing less than 1.7 billion units in circulation, to reach a unit price of $100.
Is MANA a Good Investment?
Although a recent token, MANA has reached the very top and is recognized as the foremost meta token. It is an industry leader in the crypto market. Hence, doubting the profitability or viability of the MANA token is tantamount to doubting the credibility of the cryptosystem. MANA offers utility in the generation of NFTs and in many other areas of crypto utility.
However, crypto traders have to be careful while interacting with cryptocurrency. It is susceptible to risk as even the best of crypto coins are still volatile.
MANA Exchange: Where and How?
The MANA token can be bought, traded or sold on about 100 different exchange platforms around the world. Swapzone.io is among the safest and simplest platforms to exchange your MANA at the best rates.
How to exchange your MANA on Swapzone?
- Go to swapzone.io
- In the Get Up To section, choose Decentraland (MANA).
- Fill in the amount you’d like to get.
- In the Send section, select a cryptocurrency to sell.
- Examine the various offers and their providers.
- Choose one of the offers to proceed and click “exchange”.
- To receive cryptocurrency, enter your wallet address.
- Make a Decentraland deposit to a generated address by clicking “proceed to exchange”.
- Give your exchange provider a rating.
You can choose the most profitable cryptocurrency exchange deal on Swapzone. To do so, click the Best Rate button above the offers to sort the available Decentraland offers by rates. The best MANA exchange rate will be listed top, with a green Best Rate label next to the exchange provider’s name.