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Market Cap
$ 1,070,855,631
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Total Volume
$ 193,444,072
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24 Hour
8.43%
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7 Day
20.01%
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Decentraland Price Prediction: 2024, 2025, 2030

Decentraland price prediction, MANA’s price has pumped by 8.43% in the last 24 hours.
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Decentraland
Price Prediction
Decentraland, MANA could hit $0.51 in 2024
Decentraland’s price prediction for the most bearish scenario will value MANA at $0.46 in 2024.
Decentraland’s previous All Time High was on 25 November 2021 where MANA was priced at $5.85.

Decentraland’s price at the same time last week was $0.51. It has moved by 20.01 % in the past week and is currently at $0.57. Infact, in the past 24 hours, MANA has pumped by 8.43 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and MANA could hit $0.96 in 2025.

The total circulating supply of Decentraland as of writing this article was $1862154504.38 and the marketcap of MANA remains at $1,070,855,631

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

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About Decentraland

 

Decentraland (MANA): An overview

Source: Decentraland.org

 

Decentraland (MANA) is a fully decentralized virtual reality platform built on the Ethereum (ETH) blockchain. Within the Decentraland platform, users can create, experience, and monetize their content and applications.

 

The rationale behind Decentraland's creation lies in the increasing human tendency to spend more time in the virtual world. Until now, however, two-dimensional interfaces (e.g., mobile phones) have assumed strong dominance. Thus, a potential 3D world could enhance the virtual reality experience by leveraging its immersive characteristics to create a cluster of communities.


MANA

Source: Decentraland.org

 

MANA is an ERC-20 token and is Decentraland’s native cryptocurrency. The original total supply of MANA was capped at 2.8 billion, which was reduced with time to 2.19 billion. As of October 2023, 1.89 billion MANA are in circulation.

 

A notable aspect of MANA's tokenomics is the mechanism of burning tokens, which is instrumental in reducing the overall supply over time.  

 

MANA serves multiple purposes within Decentraland:

  • Users employ MANA to purchase parcels of virtual land known as LAND.
  • MANA is used for buying, selling, and trading assets in the Decentraland marketplace, including wearables and collectibles.
  • The token facilitates engagement in various activities within Decentraland, like attending events or playing games.
  • Specific areas within Decentraland are frequented more due to user interactions, games, events, or shopping, creating opportunities for advertising and brand development using MANA​.

Wrapped MANA (wMANA)

 

When users lock up their MANA tokens in the Decentraland DAO, these are converted into wMANA, which is used for voting in the governance process of Decentraland​​.

 

How does Decentraland work?

Source: Decentraland.org

 

In essence, Decentraland represents a virtual reality ecosystem where people can buy LAND, which is an ERC-721 token or non-fungible token (NFT) representing a piece of the virtual map. 

 

The land is divided into parcels that are identified by cartesian coordinates (x,y). Each basic plot of LAND is 16m x 16m or 52ft x 52ft, though users can combine multiple plots to create larger estates.

 

The parcels are permanently owned by members of the community and are purchased using the native token. This paves a path toward complete control in the hands of the users over the applications they create. Initially, LAND could be purchased during Decentraland's public auctions. Now, it can be bought and sold on secondary markets or through peer-to-peer  (P2P) transactions.

 

Additionally, while not a token, there's the concept of wearables within Decentraland. These are customizable avatar items that users can buy, wear, and trade. Some wearables are ERC-721 tokens (similar to LAND) and can be easily traded on the Ethereum blockchain.

 

Here’s an outline of the platform's architecture:

 

Consensus layer

Central to maintaining a trustworthy digital record, the consensus layer tracks LAND ownership in virtual realms. It ensures transparency and verifies the rightful ownership and content of each parcel, creating a decentralized and reliable registry system for virtual properties.

 

Land content layer

This layer focuses on the assets placed within virtual lands. It allows users to download and interact with assets using a decentralized distribution system, ensuring that content is accessed and shared in a P2P manner without centralized control or interference.

 

Real-time layer

Vital for enhancing user experience, the real-time layer facilitates interactions between users in the virtual world. It enables world viewers to connect, interact, and share experiences seamlessly, making virtual spaces feel as vibrant and dynamic as physical interactions.

 

Additional key systems

  • Payment channels: These enable fast, low-risk in-world purchases and also help incentivize quality service delivery, promoting a seamless transaction experience within Decentraland.
  • Decentralized identity systems: This system ensures content creators are recognized and rewarded. Linking public keys with names, it provides a layer of ownership, promoting unique content creation.

 

History of Decentraland

Source: Decentraland/Twitter

 

Decentraland was conceived in 2015 by Argentinians Ari Meilich and Esteban Ordano as a proof-of-concept for assigning digital real estate ownership on the blockchain. 

 

The journey began with the Stone Age, where digital real estate was represented by pixels on a 2D grid. Each pixel identified its owner and color. This was the basic foundation of digital ownership.

 

The project then advanced to the Bronze Age by late 2016. This phase introduced a 3D virtual world segmented into land parcels. Users could access and view content for each land parcel using Distributed Hash Tables and BitTorrent

 

The Iron Age aimed to transform Decentraland into a bustling virtual society. It envisioned a platform where developers could build applications, making the digital space interactive and monetizable. 

 

This phase introduces P2P communication, a scripting system for interactivity, and a rapid cryptocurrency payment mechanism.

 

Decentraland initiated a token sale through an initial coin offering (ICO) in 2017, during which they raised a total of 86,206 ether (about $26 million at the time). The marketplace and LAND estates were introduced in 2018. Finally, in 2020, the platform went public.

 

The pandemic further bolstered the platform's growth, with more and more people and brands associating with the oldest metaverse

 

As per a recent McKinsey & Company report, global spending in the metaverse could reach $5 trillion by 2030. This report goes on to expand the value creation prospects in the metaverse. It further states: 

 

“It has the potential to impact everything from employee engagement to the customer experience, omnichannel sales and marketing, product innovation, and community building.”

 

These outcomes could ultimately put Decentraland in an excellent position to capture a sizable portion of the increasing market. Even after extrapolating the projected growth on a yearly basis, Decentraland's growth potential for the coming months seems quite promising.

MANA Price Analysis

The weekly chart of MANA from October 2022 to October 2023 revealed a largely bearish sentiment. For the analyzed period in 2023, MANA experienced lower highs and lower lows. At the time of writing, the token was trading at $0.2770.

 

MANA weekly chart

 

The token faced substantial resistance at $0.69, which, once rejected, catalyzed a series of declines. However, January 2023 marked a significant turn in events. The token surged, touching a peak resistance level at $0.80.

 

While this rise indicated a bullish entry at the start of 2023, it was short-lived. By February, the prices began a downward spiral again, and by the month's end, the price went below the $0.69 resistance level.

 

In April, even though the price candle approached this resistance, it could not break through. The downtrend continued until the token reached its lowest support level at $0.27 in mid-August, a level which has maintained its position. Finally, a new resistance emerged at $0.41.

 

Throughout the observed period, volume trends provided significant insight into the market sentiment. The volume remained subdued for a significant duration. However, as MANA surged in 2023, a spike in trading volume was evident. 

 

Moreover, as prices started to decline, so did the volume, indicating reduced buyer interest.

 

The Chaikin Money Flow (CMF) showcased some intriguing movements. It plunged to a low of -0.30 in December 2022 but experienced a rebound as it rose above the zero line in January, coinciding with the price touching its peak resistance.

 

The value of the CMF reached 0.12 during this period. Although it managed to stay above the zero line until the end of May, by the end of the observed period, it had retreated to -0.10.

 

In terms of the Directional Movement Index (DMI), the +DI consistently stayed below the ADX line and -DI until the close of December. A change in this trend was seen in January when it managed to surpass the -DI line, though it couldn't overcome the ADX line.

 

As February concluded, +DI declined again below the -DI line. The ADX also started its descent in January. In contrast, the -DI began its ascent at the end of February. By the close of February, the ADX not only fell below the -DI but also the +DI in mid-March.

 

A noteworthy event was in September when the ADX once again overshadowed the +DI but remained significantly below the -DI. The closing values for the period stood at -DI 25.6, ADX 18.92, and +DI 14.79.

 

Should you consider buying MANA?

Based on the conclusions of the presented indicators, buyers should tread with caution. Despite the overall bearish sentiment, the support level indicated that there might be a baseline value or confidence that the asset won't drop below a certain level, in this case, $0.27.

 

Traders looking to buy should keenly look for a strong trend reversal in the market before considering an investment in MANA.

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Decentraland Price Prediction

Decentraland has had an eventful 2021. To simplify the latest MANA price prediction, we have divided up the prediction by short term Decentraland price prediction and long term Decentraland price prediction. As of writing this article, MANA had a trading volume of 193,444,072. Decentraland has gone up by 30.31% in the past 30 days.

According to our analysis in the short term, Decentraland price prediction for April 2024 shows the average price of MANA at 0.32 and the highest possible price for April 2024 would be $0.34.

Further, according to our analysis in the long term, Decentraland price prediction for August 2024 shows the average price of MANA at 0.37 and the highest possible price for August 2024 would be $0.4.

Decentraland's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
29 February 2024$0.46$0.43$0.5
1 March 2024$0.48$0.45$0.51
2 March 2024$0.49$0.45$0.52
3 March 2024$0.49$0.46$0.53
8 March 2024$0.45$0.42$0.48
13 March 2024$0.41$0.38$0.44
23 March 2024$0.34$0.32$0.37
April 2024$0.32$0.29$0.34
May 2024$0.33$0.31$0.35
June 2024$0.34$0.32$0.37
July 2024$0.36$0.33$0.38
August 2024$0.37$0.34$0.4
September 2024$0.38$0.36$0.41
October 2024$0.4$0.37$0.42
November 2024$0.41$0.38$0.44
December 2024$0.42$0.39$0.45

Decentraland price prediction 29 February 2024: Decentraland's price for 29 February 2024 according to our analysis should range between $0.43 to $0.5 and the average price of MANA should be around $0.46.

Decentraland price prediction 1 March 2024: Decentraland's price for 1 March 2024 according to our analysis should range between $0.45 to $0.51 and the average price of MANA should be around $0.48.

Decentraland price prediction 2 March 2024: Decentraland's price for 2 March 2024 according to our analysis should range between $0.45 to $0.52 and the average price of MANA should be around $0.49.

Decentraland price prediction 3 March 2024: Decentraland's price for 3 March 2024 according to our analysis should range between $0.46 to $0.53 and the average price of MANA should be around $0.49.

Decentraland price prediction 8 March 2024: Decentraland's price for 8 March 2024 according to our analysis should range between $0.42 to $0.48 and the average price of MANA should be around $0.45.

Decentraland price prediction 13 March 2024: Decentraland's price for 13 March 2024 according to our analysis should range between $0.38 to $0.44 and the average price of MANA should be around $0.41.

Decentraland price prediction 23 March 2024: Decentraland's price for 23 March 2024 according to our analysis should range between $0.32 to $0.37 and the average price of MANA should be around $0.34.

Decentraland price prediction April 2024: Decentraland's price for April 2024 according to our analysis should range between $0.29 to $0.34 and the average price of MANA should be around $0.32.

Decentraland price prediction May 2024: Decentraland's price for May 2024 according to our analysis should range between $0.31 to $0.35 and the average price of MANA should be around $0.33.

Decentraland price prediction June 2024: Decentraland's price for June 2024 according to our analysis should range between $0.32 to $0.37 and the average price of MANA should be around $0.34.

Decentraland price prediction July 2024: Decentraland's price for July 2024 according to our analysis should range between $0.33 to $0.38 and the average price of MANA should be around $0.36.

Decentraland price prediction August 2024: Decentraland's price for August 2024 according to our analysis should range between $0.34 to $0.4 and the average price of MANA should be around $0.37.

Decentraland price prediction September 2024: Decentraland's price for September 2024 according to our analysis should range between $0.36 to $0.41 and the average price of MANA should be around $0.38.

Decentraland price prediction October 2024: Decentraland's price for October 2024 according to our analysis should range between $0.37 to $0.42 and the average price of MANA should be around $0.4.

Decentraland price prediction November 2024: Decentraland's price for November 2024 according to our analysis should range between $0.38 to $0.44 and the average price of MANA should be around $0.41.

Decentraland price prediction December 2024: Decentraland's price for December 2024 according to our analysis should range between $0.39 to $0.45 and the average price of MANA should be around $0.42.

Decentraland's Long Term Price Prediction

Decentraland’s long term Price Prediction below is a look at MANA’s future prospect with regards to price. Decentraland was last seen at $0.57, with a market cap of $1,070,855,631 and trading volumes of $193,444,072. MANA’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$0.42$0.34$0.51
2025$0.8$0.64$0.96
2026$1.01$0.8$1.21
2027$1.26$1.01$1.52
2028$1.58$1.26$1.89
2029$1.97$1.58$2.37
2030$2.47$1.97$2.96
2031$3.08$2.47$3.70
2032$3.85$3.08$4.62
2033$4.82$3.85$5.78
2035$7.53$6.02$9.03

Decentraland price prediction 2024: Decentraland's price for 2024 according to our analysis should range between $0.34 to $0.51 and the average price of MANA should be around $0.42.

Decentraland price prediction 2025: Decentraland's price for 2025 according to our analysis should range between $0.64 to $0.96 and the average price of MANA should be around $0.8.

Decentraland price prediction 2026: Decentraland's price for 2026 according to our analysis should range between $0.8 to $1.21 and the average price of MANA should be around $1.01.

Decentraland price prediction 2027: Decentraland's price for 2027 according to our analysis should range between $1.01 to $1.52 and the average price of MANA should be around $1.26.

Decentraland price prediction 2028: Decentraland's price for 2028 according to our analysis should range between $1.26 to $1.89 and the average price of MANA should be around $1.58.

Decentraland price prediction 2029: Decentraland's price for 2029 according to our analysis should range between $1.58 to $2.37 and the average price of MANA should be around $1.97.

Decentraland price prediction 2030: Decentraland's price for 2030 according to our analysis should range between $1.97 to $2.96 and the average price of MANA should be around $2.47.

Decentraland price prediction 2031: Decentraland's price for 2031 according to our analysis should range between $2.47 to $3.70 and the average price of MANA should be around $3.08.

Decentraland price prediction 2032: Decentraland's price for 2032 according to our analysis should range between $3.08 to $4.62 and the average price of MANA should be around $3.85.

Decentraland price prediction 2033: Decentraland's price for 2033 according to our analysis should range between $3.85 to $5.78 and the average price of MANA should be around $4.82.

Decentraland price prediction 2035: Decentraland's price for 2035 according to our analysis should range between $6.02 to $9.03 and the average price of MANA should be around $7.53.

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A Historical look at Decentraland, MANA’s price

MANA/USD Pair

MANA
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USD
27 February 2021
0.24
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MANA
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USD
27 February 2022
2.69
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1081.63
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MANA
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USD
27 February 2023
0.66
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24.71
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MANA
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USD
28 February 2024
0.57
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87.3
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MANA/Euro Pair

MANA
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EUR
27 February 2021
0.2
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MANA
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EUR
27 February 2022
2.38
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1158.4
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MANA
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EUR
27 February 2023
0.62
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26.39
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MANA
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EUR
28 February 2024
0.53
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85.19
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FAQs about Decentraland

What is the price of Decentraland as of today 28 February 2024?

Decentraland’s current price is $0.57 and witnessed a 8.43% increase in the past 24 hours. MANA/BTC pair saw a 4.11% increase in the past 24 hours

Is MANA a good investment?

Investing in Decentraland, MANA will purely depend on your personal risk appetite. As you can see over the past 24 hours Decentraland’s price has witnessed a 8.43% increase and over the past 30 days Decentraland has increase by 30.31%. So it all depends on if this investment will hit your trading goals.

How high can Decentraland’s price go this year in 2024?

According to our latest Decentraland Price prediction for 2024, MANA should vary between $0.51 and $0.34. Please keep in mind that the crypto market is very volatile and this Decentraland price prediction does not account for extreme wild swings in price.

How much will the Decentraland be worth in 2024 ?

As per the Decentraland price prediction 2024 model above, MANA’s price for February 2024 should range between $0.34 to $0.51 with the average price for February being $0.42

How much will Decentraland be worth in 2025?

According to the Decentraland Price Prediction model above, MANA’s price in 2025 would be $0.8. This price would however would range from $0.96 and $0.64.

How much will Decentraland be worth in 2026?

According to the Decentraland Price Prediction model above, MANA’s price in 2026 would be $1.01. This price would however would range from $1.21 and $0.8.

How much will Decentraland be worth in 2027?

According to the Decentraland Price Prediction model above, MANA’s price in 2027 would be $1.26. This price would however would range from $1.52 and $1.01.

How much will Decentraland be worth in 2028?

According to the Decentraland Price Prediction model above, MANA’s price in 2028 would be $1.58. This price would however would range from $1.89 and $1.26.

How much will Decentraland be worth in 2029?

According to the Decentraland Price Prediction model above, MANA’s price in 2029 would be $1.97. This price would however would range from $2.37 and $1.58.

How much will Decentraland be worth in 2030?

According to the Decentraland Price Prediction model above, MANA’s price in 2030 would be $2.47. This price would however would range from $2.96 and $1.97.

How much will Decentraland be worth in 2031?

According to the Decentraland Price Prediction model above, MANA’s price in 2031 would be $3.08. This price would however would range from $3.70 and $2.47.

How much will Decentraland be worth in 2032?

According to the Decentraland Price Prediction model above, MANA’s price in 2032 would be $3.85. This price would however would range from $4.62 and $3.08.

How much will Decentraland be worth in 2033?

According to the Decentraland Price Prediction model above, MANA’s price in 2033 would be $4.82. This price would however would range from $5.78 and $3.85.

How much will Decentraland be worth in 2035?

According to the Decentraland Price Prediction model above, MANA’s price in 2035 would be $7.53. This price would however would range from $9.03 and $6.02.

What was the highest price of Decentraland?

The highest price for Decentraland was recorded in 25 November 2021 during which MANA hit an All Time High of $5.85

What is the price of 1 Decentraland?

The price of 1 Decentraland according to current market rate is $0.57