Decentraland Price Prediction – Decentraland Price Forecast for 2024-2030

Looking for an interesting and pioneer project? Meet the Decentraland network that provides a 3D environment for its participants, unleashing many interesting opportunities. The MANA coin is what runs on it and enables different deals. Without further ado, the venture is worth traders’ attention for sure. Keep reading and you’ll get to know the most accurate Decentraland price prediction that might help you land some beneficial deals. 

What is Decentraland?

It is a public, accessible-for-all, virtual reality platform and ecosystem where users can do the following on a distributed peer-to-peer network:

• build and enjoy collective virtual scenes, spaces, and apps
• commerce land.

Decentraland runs on Ethereum. The ecosystem’s participants can create their own virtual spaces or use the platform to enjoy virtual objects from others. In fact, Decentraland represents a virtual structure in the real world, something reminding virtual worlds from the movies “The Matrix” or “Jumanji”. Transactions happen here with the use of its native token – MANA. Users are allowed to buy virtual land here by paying with a Non-Fungible Token. The latter is usually used to confirm ​​possession in the crypto world. 

As far as the use of NFT becomes popular, so does the demand for Decentraland and its cryptocurrency MANA. The token can be bought so that users can take part in decentralized games that are available on many crypto exchanges. The latter usually provide the most accurate Decentraland price prediction.

A few words about MANA. The initial coin sale raised about €22 million just an hour after it was issued. With it, anyone can get customized things on the platform, such as masks, wearables, or an individual name that can be identified on the website’s marketplace. 

Virtual reality is a growing technology, and had it been combined with the blockchain one, we’ll be able to experience great products. Experts say the project’s success is inevitable as the team behind it is significantly focused on decentralized settings, making MANA and the whole system pioneers in the field. 

What is the current circulation?

Before getting to know the recent Decentraland price prediction, let’s zoom in on current circulation. In winter 2021, the circulation made up almost 1.49 billion MANA tokens. This is equal to about sixty-eight percent of the present-day total supply of 2.19 billion MANA. 

The initial one was established at 2.8 billion MANA but was decreased since more than 600 million MANA were burnt due to LAND auctions. Other burn mechanisms are anticipated to cut the coin’s supply along with a 2.5 percent burn on Decentraland marketplace transactions.

During the first ICO in 2017, forty percent of the MANA supply was sold. Besides, twenty percent was allocated to motivate the ecosystem of users, another twenty percent was used for developments, and finally, the other twenty percent was kept by the platform itself. 

Decentraland Price Prediction for the Next Three Months

Let’s have a look at what’s going to happen in the following three months. So, in October, the highest price point might reach $0.95 and the lowest one – $0.65. In late October, a Dollar to Mana forecast might be $0.88, with a -6.4% tweak. 

In November, the maximum worth is predicted to be $1.09, and the minimum one – $0.88. In late November, the same correlation of USD-MANA is expected to be $1.66, with an 8.5% tweak. 

Finally, according to the Decentraland price prediction 2021, at the end of the year, the highest price might be $1.26, and the lowest – $1.02. The correlation of USD-MANA might be $1.18, with a 25.5% tweak. 

Short-Term Decentraland Price Prediction

Let’s outline the Decentraland price prediction for 2022 and 2023 and then get to long-term predictions. In January 2022, the MANA coin is expected to cost $1.667 or $1.471. Both are maximum and minimum prices respectively. 

In April 2022, the highest and the lowest prices might be $1.389 and $1.176 respectively. At the beginning of 2023, the token’s worth might make up $0.63 or $0.55. In a few months, in April, the maximum worth might be $0.79 or $0.64. 

Long-Term Decentraland Price Predictions

According to the Decentraland price prediction 2025, the price might be $1.75. The following year, the token will cost $2.03 but an all-time high is foreseen to happen in 2028 with a whopping $2.62 price point (according to many charts demonstrating a bullish trend at a time).

However, other experts expect more than a 2-dollar price point in 2025 already and in 2028 it is going to be an all-time high of $4.03. 

If you’re looking for the Decentraland price prediction 2030, the most accurate price is expected to range from $8.26 to $12.53. In 2028, it could be $8.66 and $9.50 at the end of the year. From present days, it makes up +1,340%.

FAQ

How to Buy Decentraland?

You can always purchase Decentraland on exchange platforms. Some also provide the Decentraland price prediction up to five years ahead. Here are a few aspects to factor in when picking the right exchange:

• security. Make sure they don’t start with HTTP connections, use 2-factor authentication, allow cold storage, use auditing programs that keep an eye on exchange activity 24/7. Or, use exchanges that don’t even ask for personal data.
• liquidity. It should be significant enough for various trading pairs. Check for the highest trading volumes. 
• fees. Find out the fees rate and decide if that’s ok for you. Some exchanges use fixed fees. Thus, users can exchange N times, and the exchange rate won’t change while the transaction is happening. 
• user experience. Customer support should be reachable and responsive. Check before using the platform. 

What is the Future of Decentraland?

 Any Decentraland MANA price prediction cannot provide the data that will work for 100%. But the information investors can lean on is the work that is being done behind the scenes by the team. What we know for sure is that the MANA team is focused on elaborating decentralized settings, which is a significant benchmark when assessing its growth. 

The platform has allowed the audience to discover the 3D universe. Its great idea of Play, Learn, and Earn Decentralized claims to be the next breakthrough in 3D technology. The next version, called the iron age, is coming. What are the benefits?

First and foremost, these are peer-to-peer communications that boost interactive content and also increased transaction speed. What’s more, the project is super community-oriented. It made available free content creator in beta version, meaning users can concoct apps, videos, and games. Therefore, the whole venture has all the chances to be the next Minecraft.

Should I invest in Decentraland?

Almost every Decentraland price prediction states that in the frame of this year, the investment might be beneficial. It’s not a surprise that cryptos are extremely volatile, so common sense is necessary here in order not to lose in large.

Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.