Decentraland price prediction 2023, 2024, 2025, 2030

By:

Prash Raval

Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he… read more.

Updated: May 25, 2023

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Our team of cryptocurrency experts have investigated the latest Decentraland price forecasts and you can find out what it could be worth on this page. Read on to learn more about MANA, its most recent price predictions, and what affects its value. 

Decentraland price predictions

The value of Decentraland is expected to increase over the remainder of the decade. According to most MANA price predictions, the next few years will see a bull run, with its price reaching a high of $13.20 by 2030. Below you can find a summary of the latest Decentraland price forecasts. 

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Decentraland price prediction 2023

What will Decentraland be worth in 2023? In 2023 MANA is predicted to be worth $1.09. In late 2022 Decentraland fell below $1 and in early 2023 continued to move lower, reaching the lowest price in its history. In the second half of 2023, many experts forecast that MANA will move higher. 

Decentraland price prediction 2024

What will Decentraland be worth in 2024? Most MANA price predictions for 2024 expect a value between $3 – $3.50. This period is expected to be a big year for crypto as its when the next Bitcoin halving takes place, which historically has helped the wider market. 

Decentraland price prediction 2025

What will Decentraland be worth in 2025? By 2025, Decentraland will be worth between $5 – $5.30, according to most forecasts. That would take it just below its all time high of $5.90. MANA is one of the top three metaverse coins by market cap and will need to fight off competition from tokens like SAND if it is to reach new highs. 

Decentraland price prediction 2030

What will Decentraland be worth in 2030? By the end of the decade, Decentraland will be worth over $13. That is the value many crypto analysts predict, although there is a long time to go and anything can happen. It’s important to remember long term predictions are highly speculative and should be taken with a grain of salt. 

What affects the price of Decentraland?

Decentraland is a metaverse coin; many factors influence and affect its price. The crypto market as a whole plays a strong role in the way MANA moves, as does the performance and competition from similar tokens. Here’s a look at a few leading factors that affect the price of Decentraland. 

The fundamentals

Here’s a look at a few fundamental factors that can affect the price of MANA. 

• Adoption of the platform. Decentraland’s value is closely tied to how popular its platform is. The more users that use the Decentraland platform to buy and sell virtual assets, the more valuable MANA becomes. The value of MANA can also be affected by the development of new use cases.
• Land sales. Decentraland is a virtual world where users and buy and sell virtual parcels of land. These plots of land can be bought for investment purposes or development opportunities. If demand for virtual land is high, the value of MANA will likely increase as more users will need to acquire the coin to purchase land. 
• Development and partnerships. Decentraland has numerous partnerships with other blockchain projects and some celebrities. If Decentraland announces new features or improvements to the platform, the value of MANA may increase. Similarly, new partnerships with other companies or celebrities are often positive for the token. 

The technicals

Short term traders who want to speculate on the price of MANA often use technical analysis to help with their trades. Here’s a look at a few technicals that influence the price of MANA.

• Support and resistance. Support and resistance levels are common technical indicators used by traders. Support levels hold the market up and stop it from moving lower. Resistance levels stop the market from moving higher. Support and resistance levels can be used for entry prices, stop losses, and targets. 
• Volume. Volume is a way to understand how much activity or liquidity is at play. Volume can be used to determine the number of buyers and sellers at any given time or how much money is currently being traded. When volume is high, it tends to signal that activity is high, which can help identify new trading opportunities. 
• Moving averages. Moving averages are technical indicators plotting the average price over a specific period. Common moving average data points include 50 and 200. These moving averages plot a line showing the average price over the past 50 or 200 days and many traders use them when trading. 

Decentraland price history

In the first few months following its inception, MANA surged in value by more than 800%. However, since then, its price has slowly moved lower and reached its lowest price even in early 2023. Its price chart follows a similar pattern to the wider crypto industry, which saw a bull run in 2021, followed by a drop in 2022. Below is the MANA price chart. 

Key levels to watch

The most significant key levels to watch are round numbers. These include a price that ends in a zero and are where volume tends to be highest and are psychological levels. The key levels to watch for MANA include $1, $3.50, and $6. 

Is MANA a good long-term investment?

Yes, it could be and the potential for growth in the metaverse industry is significant. Many experts believe the metaverse will revolutionise how people interact with digital content, entertainment, and e-commerce. Decetranland is well-positioned to capitalise on this growth as it already has a platform and many users. 

As the metaverse industry grows, MANA has the potential to grow with it. At the same time, it is important to understand the risks. MANA is a volatile token, so expect wild swings in its price; there are also many similar projects and metaverse coins that are a competitive market to crack. 

Key takeaways

Most expert predictions are bullish about the future of Decentraland. It’s a metaverse coin that already has an established platform with a growing number of users. Some experts forecast MANA will be worth double digits by the end of the decade, but before investing, it’s important to do your own research as the crypto market can be volatile. 

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