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Think about it. A virtual casino where you can legally gamble and use crypto such as MANA to buy in. MANA is going to go through the roof. Atari has already sealed the deal.
Here’s the point being made: the speculation is on the land auctions within the virtual world. The more your MANA is worth, the more land within the system you can buy. People will then open virtual businesses in prime spots and profit from them. A shared virtual world with MANA token as the currency can make land ownership profitable as you play games.
But lately, there’s trouble in the Decentraland world: Both founders have reportedly left the project and cashed out the majority if not all of their holdings. Is this true? What happens to the MANA tokens and other virtual worlds? Do we cash out our tokens? This is a question and not investment advice.
Today’s MANA price is $0.987499 with a 24-hour trading volume of $178,574,742. Decentraland is down 3.62% in the last 24 hours. The current CoinMarketCap ranking is #35, with a live market cap of $1,826,123,841. It has a circulating supply of 1,849,242,041 MANA coins and the total supply is not available.
What’s Decentraland?
Decentraland is a virtual reality platform based on blockchain technology. Decentraland is a virtual world like the virtual worlds depicted in the movie ‘Tron’ or ‘Ready Player One”, but in the real world. Decentraland users can use the virtual token of the world (MANA) to make transactions in the Decentraland marketplace. Users can buy virtual land or digital land in the form of a Non Fungible token (NFT) that can be used to verify ownership in the cryptocurrency world.
All transactions in Decentraland require the use of MANA crypto. MANA cryptocurrency is a Decentraland coin that powers the Decentraland virtual network. As the concept of NFTs becomes more popular, the popularity of Decentraland and its cryptocurrency MANA has blown up. People can buy MANA to interact with its decentral games, which are available on most major crypto exchanges.
What is MANA?
MANA is the cryptocurrency on Decentraland – the world’s first-ever metaverse built on the Ethereum blockchain. It is a virtual reality where you can customize your appearance, explore and create, and buy a real estate property.
Decentraland’s initial coin offering achieved its goal in just one hour after its release into the crypto market, raising nearly €22 million. Today, MANA is used within the platform for customizable units such as wearables, masks, or a custom name available on the website’s marketplace.
Virtual Reality is still a technology in development, and it is exciting to think about its growth potential if it decides to go hand in hand with blockchain technology. The MANA team is very competent and shows a clear inclination towards decentralized environments, which is undoubtedly an important point to assess its development. MANA and Decentraland are trailblazers and pioneers in the new world of virtual crypto reality.
The idea was brand-new at the time, which makes MANA developers trendsetters in this field. It seems like good things always come from Ethereum, which inspires confidence in Decentraland developers. It is also a good starting point for novices in the crypto market and digital creators and investors in digital content.
Decentraland Price History
Decentraland (MANA) has increased substantially since 1st January 2021. Having returned more than 4,300% in the past year with the technical analysis pointing the digital asset towards an uptrend, MANA shows no signs of slowing down. This is the primary reason why experts across credible and authentic cryptocurrency forecasting portals believe the MANA token has plenty of room to grow. There are analysts who believe that investing in Decentraland with an eye on the long term could lead to a high percentage yield.
By creating a virtual gallery, Decentraland can expect its 172,400 followers on Twitter and more across its social media channels to patronize Decentraland and buy products using MANA. If more auction houses, artists, and galleries create a virtual version of their infrastructures, increased usage of Decentraland can reflect positively on the price of its cryptocurrency.
Decentraland Technical Analysis
The current price is $1.02 USD with a 24-hour trading volume of $175,612,001 USD. We update our MANA to USD price in real-time. Decentraland is up 4.60% in the last 24 hours. The live Decentraland price today is $1.02 USD with a 24-hour trading volume of $175,612,001 USD. Decentraland is down 3.45% in the last 24 hours. The Decentraland price is down 1.17% in the last 24 hours.
According to the MACD indicator and the Relative Strength Index, Decentraland is currently in a bullish market trend.
The Decentraland price is forecasted to reach $2.50 by the end of 2021, which would be an increase of 145%. The five-year Decentraland price prediction suggests that the coin’s value could go up by as much as 3,900% and reach $50.
Decentraland Price Prediction 2022-2030
PricePrediction
Decentraland is still a project in development. The team behind it is very talented and has a clear vision for the future of the platform. The adoption of VR technology is still in its early stages, but it is growing rapidly. As more people start using VR devices and become familiar with the technology, including Decentraland price prediction, we think that the project has a great future. The team is competent, and the technology is innovative. The coin has great potential and could reach $50 by 2025.
CoinCodex
Coincodex forecasted the price by the end of 2020 will be $0.40 which it did reach in November auction from the above information, we predict that the Decentraland price will continue to rise in the next few years and reach $50 by 2025. The technology is still in development, and the team behind it is very talented. They think that the project has a great future and could potentially revolutionize the way users interact with digital content.
LongForecast
Longforecast is one of the most popular price prediction sites and suggested that Decentraland could reach $0.50 by the end of 2020, which it did. The site also predicted that the coin’s price would continue to rise in 2021 and 2022 and reach $1.20 by the end of the year. Cryptoinfo is a popular cryptocurrency price prediction site that offers its own Decentraland price forecast. The site predicted that the coin’s price would reach $0.60 by the end of 2020, which it did. The site also predicted that the coin’s price would continue to rise in 2021 and 2022 and reach
Crypto ground predicted that Decentraland would reach $0.50 by the end of 2020, which it did. The site also forecasted that the coin’s price would continue to rise in 2021 and reach $1.20 by the end of 2022.
DigitalCoinPrice
Crypto-rating is a site that uses different methods to come up with its predictions. The site has a panel of experts that looks at the various aspects of a project before arriving at a price prediction. They predicted that Decentraland would reach $0.70 by the end of 2020, which it did. The site also-rating is a site that uses different methods to come up with its predictions. The site has a panel of experts that looks at the various aspects of a project before arriving at a price prediction. They predicted that Decentraland would reach $0.70 by the end of 2020, which it did. The site also forecasted that the coin-rating is a site that uses different methods to come up with its predictions.
Cryptopolitan
Decentraland Price Prediction 2022
The price of Decentraland is expected to be at a minimum of $0.97 and by the end of the year will be at a maximum price of $1.09. There is a high chance that the price of Decentraland will go up in the next few years.
Decentraland Price Prediction 2023
The price of Decentraland might reach a minimum of $1.44 and by the end of 2023, it might be at a maximum of $1.68 buying at an average price of $1.48.
Decentraland Price Prediction 2024
The price of Decentraland can reach a minimum of $2.01 and by the end of the year will be at a maximum of $2.44. In 2024, the average price might be $2.07.
Decentraland Price Prediction 2025
In the next five years, the price of Decentraland might reach a minimum of $2.99 and by the end of 2025 will be at a maximum of $3.55. The average price for 2025 will be $3.09.
Decentraland Price Prediction 2026
The price of Decentraland in 2026 can reach a minimum of $4.41 and by the end of the year, it can be at a maximum of $5.19. The average price might be $4.54.
Decentraland Price Prediction 2027
From 2027 onwards, the price of Decentraland will have a slight chance of going down and can reach a minimum of $6.41. The maximum price will be around $7.57 and the average price might be around $6.59.
Decentraland Price Prediction 2028
The price of Decentraland can reach a minimum of $8.95 and by the end of 2028, it might be at a maximum of $11.16. The average price might be around $9.21.
Decentraland Price Prediction 2029
The price of Decentraland can reach a minimum of $12.93 and by the end of 2029, it might be at a maximum price of $15.59. The average price for 2029 will be around $13.39.
Decentraland Price Prediction 2030
By the year 2030, the price of Decentraland is expected to be at a minimum of $19.88 and will be at a maximum of $22.63. The average price for the year 2030 will be around $20.42.
Conclusion
Decentraland is a virtual reality platform based on blockchain technology that allows users to buy virtual land or digital land in the form of a Non Fungible token (NFT). The Decentraland price is forecasted to reach $2.50 by the end of 2021. The five-year Decentraland price prediction suggests that the coin’s value could go up by as much as 3,900% and reach $50.