On the hunt for Decentraland predictions? Or have you been struggling to answer the question ‘is Decentraland a good investment?’ Read on. Find out the top Decentraland (MANA) Price prediction forecast for 2022 and beyond and discover how much Decentraland could be worth.
With a current price of $2.85 and a market cap of $5,173,865,892, Decentraland (MANA) is the world’s 40th-largest cryptocurrency and is starting to make a big name for itself. In a few short years, this ERC-20 token is one of the most distinctive on the market and it has built a loyal fanbase of gamers and investors alike.
Decentraland is a virtual reality (VR) platform that’s built on the Ethereum (ETH) blockchain. It functions as a VR game, where players can purchase different plots of land to develop and monetise. According to Coin Central, Decentraland is the first digital platform that’s owned solely by its users.
According to the recent long-term forecast, the price of Decentraland could hit $21.11 by the end of 2022, $36.41 by the end of 2023 and $78.18 by the end of 2025. Decentraland (MANA) will then rise to $107.63 in 2027, $140.82 in 2030 and $201.49 in 2032.
So, is Decentraland a good investment? You’re in the right place to find out. In this article, we’ll be sharing some of the top MANA price predictions for 2021-2025. We’ll also answer questions such as ‘what is Decentraland’ and explain how this VR platform and cryptocurrency works.
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- What is Decentraland (MANA) and How Does it Work?
- Short-term Decentraland (MANA) Price Predictions
- Long-term Decentraland (MANA) Price Predictions: 2023-2027
- Trading Education Decentraland Price Predictions
- Conclusion: Decentraland (MANA) Price Prediction Forecast
- How Has the Price of Decentraland (MANA) Changed Over Time?
- What Factors Can Affect the Price of Decentraland (MANA)?
- How To Buy Decentraland With eToro
- Key Points
What Is Decentraland (MANA) And How Does It Work?
Unlike traditional two-dimensional games, Decentraland is a VR game that immerses its players in a three-dimensional world. Powered by Ethereum, it was created in 2017 and launched via an initial coin offering (ICO) that raised a staggering $24 million.
Although the VR world — in which players buy, build on, and monetise plots of land — was only released in February 2020, its native cryptocurrency has been in circulation since September 2017. This cryptocurrency is called MANA, but it’s not the only digital asset the platform supports.
In the world of Decentraland, players purchase digital assets in the form of virtual land plots. These are known as LAND. Each plot is 33 x 33 feet but can be as tall or as short as a player likes. Because each of these plots are unique and stored individually on the blockchain, they are known as non-fungible assets.
It’s only possible to buy and sell LAND plots within the world of the game. However, the MANA cryptocurrency is a lot more versatile. Its primary purpose is to purchase LAND and carry out VR transactions, such as buying building materials or different services. Originally, each plot of LAND cost a flat rate of 1,000 MANA, but since then this has risen considerably. In June 2021, the most expensive plot of LAND was sold on Decentraland for the equivalent of $900,000, according to Matthew De Saro. This is partially because demand for the MANA token has increased thanks to investors who wish to purchase the token on cryptocurrency exchanges.
The VR platform and MANA token have been on the market since 2018, but only recently exploded in price. Read on to find out how much MANA could be worth in 2022-2027.
Short-term Decentraland (MANA) Price Predictions
Decentraland MANA price prediction for 2022
What are crypto experts forecasting for Decentraland MANA in 2022? 2021 was a volatile year for the cryptocurrency market and especially for Decentraland. Currently, its all-time high (ATH) is $4.69 — a price it reached on the 30th of October 2021. So, what’s next for the value of MANA?
According to WalletInvestor, MANA is expected to maintain much of its value after reaching new highs in late 2021 and will gradually increase beyond its new ATH in 2022.
As we can see from the graph above, WalletInvestor expects Decentraland to perform exceedingly well in 2022 and trade at prices far beyond what it achieved in 2021. Their price predictions suggest that the only way is up. Here’s what WalletInvestor has estimated could be Decentraland’s average, minimum, and maximum prices by the end of December 2022:
- Average: $3.670
- Minimum: $3.438
- Maximum: $3.893
All three prices are above Decentraland’s current price of $2.85, strongly suggesting an increase on the horizon. This is an encouraging sign to any investors who are wondering ‘will MANA go up?’ That said, it appears unlikely that in 2022 MANA will reach a new ATH above $4.69 which contradicts the graph above.
Furthermore, MANA will likely not surpass $4 in 2022 with $3.894 (0.001 above its end of year price) being the highest price WalletInvestor has predicted. Meanwhile, the lowest price WalletInvestor has predicted for MANA in 2022 is $2.607, which is pretty good when you consider that $2 is far beyond the price Decentraland traded at in 2021 and before.
Our next 2022 Decentraland price prediction comes from Trading Beasts who are a fair degree more optimistic than WalletInvestor, estimating that minimum, maximum, and average prices will increase throughout 2022. On top of that, Trading Beasts have also estimated higher minimum and average prices than WalletInvestor and seems to suggest that Decentraland could surpass its current ATH early on in 2022.
Here’s what Trading Beasts has predicted Decentraland could hit in 2022:
Decentraland MANA Price Predictions For 2022:
|Month||Minimum Price||Maximum Price||Average Price||Change|
To summarise what Trading Beasts has forecast for 2022, Decentraland could hit a new ATH of $4.76419 by the end of 2022, surpassing its current ATH by February. Decentraland will also not be worth any lower than $3.19176 in 2022 and will likely have an average price between $3.70 and $3.80 for much of the year.
This price prediction, though significantly higher than WalletInvestor’s, is similar in the sense that both expect the price of Decentraland to continue upwards after its remarkable rise in October 2021 and that there will likely not be a price correction. It also puts Decentraland to potentially hit $5 in 2023.
Our most optimistic 2022 Decentraland price prediction comes from Cryptocurrency Price Prediction. In stark contrast to both WalletInvestor and Trading Beasts, Cryptocurrency Price Prediction believes that Decentraland will obliterate its current ATH by January 2022 and trade at significantly higher prices for the rest of the year.
Decentraland MANA Price Predictions In 2022:
MONTH & YEAR
MANA PRICE PREDICTION
This staggering forecast suggests that MANA could be worth a maximum price of $10.95 by November 2022 while Trading Beasts believes that MANA will not reach higher than $4.76150 in the same month — that’s more than double! And comparing this forecast to WalletInvestor’s is even more outrageous. Even the idea that Decentraland could start 2022 at $6.34 and not reach a price lower than $5.99 (in May) is incredibly bullish.
But then again, this growth rate might not be as insane as it looks — we just saw Decentraland increase 268.93% in seven days in October 2021, so we know that reaching these higher highs is very possible. Before that, between the 1st and 14th of March 2021, the price of MANA rose from $0.2604 to $1.0223, which is a growth rate of almost $1 in just two weeks.
Theoretically, this means the growth rate that Cryptocurrency Price Prediction has envisaged is possible, though whether Decentraland could sustain it for the whole year remains to be seen.
Check Out: Why Decentraland Is Going To Explode
What Will Happen to the Price of Decentraland (MANA) in 2022?
The price of Decentraland (MANA) in 2022 is expected to build off the highs it achieved in 2021 and continue to appreciate. Decentraland will likely achieve a new ATH in 2022 and no one expects that MANA will return to its lows before the 2021 bull run.
Will the Price of Decentraland (MANA) Go Up in 2022?
Yes, the price of Decentraland (MANA) will likely go up in 2022. The lowest price predicted for MANA in 2022 is $2.607 while the highest could be $10.95. Most likely, MANA will head towards a price around $5 in 2022.
Additional predictions for the price of Decentraland (MANA) in 2022 include:
- The Economy Forecast Agency: $12.67
- DigitalCoin: $5.56
- Coin Price Forecast: $21.11
- Coinskid: $3.18
- Price Prediction: $5.32
Would you consider buying Decentraland MANA?
Long-term Decentraland (MANA) Price Predictions: 2023-2027
What are crypto experts forecasting for Decentraland MANA in 2023 and beyond?
According to the short-term predictions, the potential value of Decentraland could be anything between $2.607 and $21.11 by the end of 2022. To answer the question ‘is MANA a good investment?’ Let’s take a closer look at the long-term forecasts. What do top cryptocurrency platforms expect to happen to the price of Decentraland in 2023-2027?
DigitalCoin’s long-term MANA price prediction is both cautious and impressive, expecting Decentraland to increase handsomely and gradually for the next several years. Their price forecast appears to suggest that in the long-term, Decentraland will become less volatile and will not lose value.
In contrast to the high levels of volatility we saw in 2021, DigitalCoin believes that Decentraland’s price will remain relatively steady throughout 2023 and beyond. For 2023, 2024, 2025, 2026, 2027, and 2028 DigitalCoin has given the following Decentraland (MANA) price predictions.
Decentraland (MANA) price predictions for 2023-2028:
- 2023: $6.17
- 2024: $6.82
- 2025: $8.50
- 2026: $9.89
- 2027: $11.55
- 2028: $12.75
The platform’s 2028 prediction is only $2 higher than the Cryptocurrency Price Prediction’s forecast for the end of 2022, showing just how varied crypto predictions can be!
However, DigitalCoin’s MANA price predictions do indicate that Decentraland’s current ATH will be history by 2023 as the asset trades beyond $5 in 2023 to $6.17 and conqueror $10 by 2027 to reach $11.55 before reaching its highest price of $12.75 in 2028. This is a welcome sign for any investors who are worrying that MANA is falling back down to its pre-bull run prices.
Meanwhile, according to Coin Price Forecast, the price of Decentraland (MANA) will be valued at $36.41 in 2023, $58.81 in 2024, $78.18 in 2025, $74.45 in 2026, $107.63 in 2027, $134.20 in 2028, $147.29 in 2029, $140.82 in 2030, $158.09 in 2031, $201.49 in 2032, and $252.04 in 2033. This is mind-blowingly optimistic and incredibly bullish!
Unfortunately, Trading Beasts isn’t as optimistic. They predict that Decentraland will decline to prices slightly lower than what they predicted for 2022. By the end of 2024, Trading Beasts has predicted that Decentraland will have a maximum price of $4.47962, $0.28457 lower than the end of year and highest price they predicted for MANA in 2022.
Decentraland MANA Price Predictions In 2024:
|Month||Minimum Price||Maximum Price||Average Price||Change|
This price prediction is rather disappointing given what Trading Beasts had predicted for 2022. It is more or less the opposite — whereas for 2022 they predicted the minimum, average, and maximum prices would increase, for 2024 they expect all three to decline with Decentraland possibly hitting a low of $3.04614 by the end of 2024.
Thankfully, CryptoGround paints a brighter picture giving the following price prediction for MANA for 2022 to 2026:
By 2023, CryptoGround expects the price of Decentraland (MANA) to reach $4.34. This figure will increase to $4.61 in 2024, $4.98 in 2025, and $5.36 in 2026.
While these numbers suggest that it will take until 2024/2025 to reach the numbers Trading Beasts’ has predicted, CryptoGround’s long-term Decentraland price prediction has a more positive upwards trend. It believes that MANA’s long-term prospects are stable — at least in the run-up to 2030.
What Will Happen to the Price of Decentraland (MANA) in 2025?
The price of Decentraland in 2025 is likely to continue building on its gains from previous years and could hit a maximum high of $78.18, or perhaps more realistically, a price between $4 and $8.50. No one foresees the price of Decentraland crashing back down to its pre-2021 bull run prices. Only Trading Beasts predicts a possible decline in value by 2024.
Will the Price of Decentraland (MANA) Go Up in 2025?
Yes, it seems probable that the price of Decentraland (MANA) will go up at some point between 2023 and 2025. That said, price forecasts disagree on the momentum Decentraland could have in the next few years with some suggesting that it will rampage forward while others believe a more gradual increase is more likely.
Additional predictions for the price of Decentraland (MANA) in 2023, 2024, 2025, and 2027 include:
- WalletInvestor: $4.894
- Cryptocurrency Price Prediction: $27.58
- Price Prediction: $7.92
- Coinskid: $2.96
- The Economy Forecast Agency: $14.69
- WalletInvestor: $5.975
- Price Prediction: $11.25
- Coinskid: $4.20
- The Economy Forecast Agency: $17.31
- WalletInvestor: $7.076
- Cryptocurrency Price Prediction: $45.22
- Price Prediction: $16.39
- Coinskid: $6.88
- The Economy Forecast Agency: $20.34
- WalletInvestor: $8.108
- Price Prediction: $24.08
- Price Prediction: $35.49
Trading Education Decentraland Price Predictions
While most of the price predictions we have seen in this article are positive that the price of Decentraland will increase throughout the decade, not everyone agrees how quickly it will appreciate and what price it could reach.
That’s why we’ve gathered them all together — the bullish and the more conservative — to get a clearer idea of what could be possible in the next few years.
Decentraland Price Prediction 2022
The Decentraland price is expected to trade with bullish momentum and surpass $4.76419 by the end of 2022. As per Decentraland price predictions 2022, the price of MANA might trade above $10.95 by the end of the year. The predicted high for 2022 might be around $21.11, and on the downside, the low might range from $3.18 to $3.894.
Decentraland Price Prediction 2023
The price of Decentraland is predicted to reach a maximum level of $36.41 by the end of 2023. Decentraland price can reach a minimum level of $2.96 in 2023.
Decentraland Price Prediction 2024
As per experts, the price prediction of Decentraland (MANA) might continue the gradual upward trend. And as per our data, by the end of 2024, it would be able to cross the $6.82 mark. The predicted high for 2024 might be $58.81, and on the downside, the low might be around $4.20.
Decentraland Price Prediction 2025
As per Decentraland price predictions for 2025, the price of MANA might reach between $7.076 and $20.34 by the very end of 2025. As per our prediction and price forecast, the predicted high for 2025 might be around $78.18, and on the downside, the low might be around $4.98.
Decentraland Price Prediction 2027
As per our Decentraland price prediction 2027, the token might be able to touch the $30.14 price mark on the upside, while on the downside, it might fall to $11.55 or even $9.74. As per our Decentraland price prediction and forecast update, the cryptocurrency might trade around $88.00 and $107.63 by the end of 2027.
Decentraland Price Prediction 2030
The top price predictions for Decentraland in 2030 foresee MANA dominating above $127.37 for most of the year. If the token does well, experts seem to suggest that a push to $140.82 could be possible. The lowest Decentraland price prediction for 2030 is around $98.29.
Conclusion: Decentraland (MANA) Price Prediction Forecast
The below prediction figures outline some of the Potential high and low of Decentraland (MANA) price prediction forecasts in 2021, 2022, 2023, 2024, 2025, and 2027 offered by technical analysts and industry experts.
Would you consider buying MANA?
How Has the Price of Decentraland (MANA) Changed Over Time?
Shortly after Decentraland’s impressive $24 million ICO in 2017, MANA came to the cryptocurrency market in September that year. Except for a few minor price spikes throughout 2018 (while other cryptos shot up in value), Decentraland remained relatively low-priced for its first few years in circulation, fluctuating between $0.02 and $0.05, as we can see in the graph below from CoinMarketCap.
Decentraland MANA/USD price chart. Source: Coinmarketcap
It wasn’t until the end of 2020 that Decentraland began to get caught up in the second market-wide bull run. In January 2021, it passed $0.10 for the first time since 2018 — and things didn’t end there. The price of MANA continued to rocket, hitting a series of new ATHs between January and May 2021.
By February, MANA had hit $0.30. This was followed by its most dramatic price increase yet, as it rose by around $1 in just a few weeks. The asset reached its then ATH of $1.5678 on the 9th of May 2021 but unfortunately wasn’t able to sustain this growth rate.
Shock comments from Elon Musk shattered confidence in the crypto industry, as the previously vocal supporter announced that the environmental impact of Bitcoin (BTC) was too high and Tesla would no longer accept BTC payments for its cars. The price of all major cryptocurrencies started to fall rapidly and Decentraland was no exception.
By the 23rd of May 2021, MANA had plummeted to $0.6245 fuelling fears its brief bull run was over. But that wasn’t the case at all. Decentraland, though hit hard, managed to keep hold of much of its value and was trading at a far higher price than it was at the beginning of 2021. In September it even managed to briefly surpass $1.
But the news that really got investors excited about MANA was in late October 2021 when Facebook’s parent company Facebook Inc announced that it would change its name to Meta Platforms Inc (or simply Meta) and begin focusing on building the metaverse — something Decentraland was already doing.
The price of Decentraland then shot up 268.93% over seven days to $2.85, previously trading at around $0.80 before the news broke. It was during this rally that Decentraland reached its current ATH of $4.69.
What Factors Can Affect the Price of Decentraland (MANA)?
Understanding the factors that affect the price of Decentraland is the key to trading MANA successfully — price predictions alone will not get you very far.
Price predictions generally base their forecasts on historical data, they cannot tell you if and when any of the factors below will come into play and increase or decrease the value of MANA.
1. Total Circulating Supply
The total supply of MANA tokens is approximately 2,194,015,827 of which approximately 1.82 billion MANA are already in circulation. A proportion of these tokens is owned by early investors and members of the Decentraland community, which means just under 40% of the total supply remains unaccounted for.
As the number of available tokens continues to fall, we’re likely to see an increased demand for MANA. The relationship between supply and demand is the most important factor in determining the value of any asset, and when the demand for MANA starts to exceed the supply, the price of each token is bound to increase.
2. The Popularity Of Virtual Reality
Virtual reality, or VR, is one of the biggest digital sensations of the last decade. Thanks to the rise of companies such as Oculus VR (the company behind the Oculus Rift headsets), the popularity of VR gaming has risen hugely, and the demand for games such as Decentraland could have a huge impact on the price of MANA.
If people join the Decentraland platform, there’s going to be a higher demand for MANA tokens to make in-platform purchases. As we mentioned in the point above, this means the demand for MANA could exceed the supply, thus driving up the price.
On the other hand, some potential investors believe that Decentraland is in a vulnerable market position. In comparison to other cryptocurrencies, many of which were created to transform the financial sector, MANA has less ‘noble’ aims. Although the world of VR isn’t going anywhere fast, the demand for Decentraland’s metaverse could potentially wane as new games and experiences enter the market. If the demand for Decentraland drops, so too will the demand for MANA. This could have a devastating effect on the asset’s price.
3. The Price Of Bitcoin
As the world’s 40th-largest crypto, Decentraland might not have much in common with the so-called king of cryptocurrency (Bitcoin). However, the price of BTC sets the tone for the market as a whole.
When Elon Musk announced in May that “cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at a great cost to the environment”, he shattered confidence in Bitcoin and the ripples of this were felt throughout the market.
Decentraland plummeted in price after Musk’s announcement, falling from its former ATH to $0.6245. Similarly, when Bitcoin again started to rally upwards after this crash, Decentraland also started to pick up the pace, albeit slowly.
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If you remember anything from Decentraland (MANA) Price Predictions: How Much Will MANA Be Worth In 2022 And Beyond? Make it these key points.
- MANA is the native cryptocurrency of Decentraland, a virtual reality (VR) platform that’s built on the Ethereum blockchain.
- Wallet Investor believes Decentraland could be worth a potential top price of $3.893 by the end of 2022.
- Trading Beasts expects the price of MANA to range from $4.69377 in January 2022 to $4.76419 by December 2022.
- Cryptocurrency Price Prediction has given the staggering forecast that MANA could hit $10.60 by the end of 2022.
- According to DigitalCoin, the price of MANA will be $8.50 by 2025.
- Trading Beasts believes MANA could stagnate to $4.47962 by the end of 2024.
- By 2025, CryptoGround expects MANA to hit $4.98, just under $5.
- Factors that could affect the price of Decentraland (MANA) include its total circulating supply, the price of Bitcoin, and the popularity of virtual reality (VR).
So, is MANA a good investment? The predictions for 2022-2027 are varied, but the majority suggests that the crypto will gain value over the next several years. Only time will tell whether Decentraland is on the up or heading for a devastating LANDslide.
Is MANA A Good Investment For 2022?
If interest in building a metaverse continues into 2022 and the Decentraland platform continues to grow, MANA will likely be a very popular investment as demand for the token increases. Prices could be further compounded by an appreciating Bitcoin too.
How Much Will Decentraland (MANA) Be Worth In 2022?
Decentraland (MANA) might reach a top price of $21.11 by 2022, according to Coin Price Forecast.
What Will Decentraland (MANA) Be Worth In 2025?
Decentraland (MANA) might be worth a maximum price of $78.18 in 2025, according to the most bullish estimate, while more cautious forecasts estimate a price between $4 and $8.50.