Decentraland Price Prediction 2021-2028
7 min readTable of Contents
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.
MANA
MANA is the cryptocurrency on Decentraland – the world’s first-ever metaverse built on the ETH 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 ETH, 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.
Technical Analysis
According to the technical analysis of the 4-hour chart, the cryptocurrency is currently seeing a bearish growth in the market. The price movement is reversing after breaking out from the lower end of the Bollinger Band, and reversals can be seen.
The price is currently trading below the 50-day and the 100-day Moving Averages in the 4-hour chart. BTC price has dropped, leading to the price drop in Decentraland. The crypto is currently testing support at 0.96 as the nearest resistance is at 01.04 USD.
2021 Decentraland price projection from Longforecast
Decentraland price prediction for September 2021
In September, the MANA price is forecasted to reach the max price of $1.32 and a minimum price of $0.82. At the end of the month, the USD to MANA prediction is 1.23 USD, with a 70.8% change.
MANA price prediction for October 2021
In October, the MANA price is forecasted to reach the max price of $1.53 and a minimum price of $1.07. At the end of the month, the USD to MANA prediction is 1.43 USD, with a 98.6% change.
Decentraland price prediction for November 2021
In November, the MANA price is forecasted to reach the max price of $1.78 and a minimum price of $1.43. At the end of the month, the USD to MANA prediction is 1.66 USD, with a 131% change.
Decentraland price prediction for December 2021
In December, the MANA price is forecasted to reach the max price of $2.07 and a minimum price of $1.66. At the end of the month, the USD to MANA prediction is 1.93 USD, with a 168% change.
2021-2022 Decentraland price prediction from Walletinvestor
As we can see from the graph above, Wallet Investor’s average Decentraland price predictions all indicate that Decentraland has already hit its yearly low. This means the only way is up, and even though the asset is unlikely to surpass $1.908 in a year. This price action will lead to a new all-time high for Decentraland.
According to Walletinvestor price prediction, the one-year outlook for MANA is relatively positive. The technical analysis suggests that the average price of Decentraland will reach a new ATH before the end of 2021, the platform does expect the asset to gain value throughout the year.
2021 Decentraland price forecast from Tradingbeasts
TradingBeasts price prediction also suggests Decentraland will gain value throughout the second half of the year. According to its analysis, the price of Decentraland MANA will be on the average of $1.2373570 to $1.2585543 between September to December 2021.
2022 MANA price prediction from Longforecast
Dollar to Decentraland price prediction for January 2022
The expected maximum price for MANA in January is 2.40 USD, and the minimum price is 1.93 USD. The USD to MANA forecast at the end of the month is 2.24 USD, with a 211% change.
Dollar to Decentraland prediction for February 2022
In February, the Decentraland price is forecasted to reach the max price of 2.24 USD and a minimum price of 1.93 USD. The closing price at the end of the month is 2.07 USD, with a 188% change.
Dollar to Decentraland price forecast for March 2022
In March, the Decentraland price is forecasted to reach the max price of 2.28 USD and a minimum price of 1.98 USD. The USD to MANA projection at the end of the month is $2.13, with a 196% change.
Price forecast for April 2022
In April, the Decentraland price is forecasted to reach the max price of 2.64 USD and a minimum price of 2.13 USD. The USD to MANA projection at the end of the month is $2.47, with a 243% change.
2023 Decentraland price prediction from Longforecast
Dollar to Decentraland projection for January 2023
In January, the Decentraland price is forecasted to reach the max price of 3.65 USD and a minimum price of 3.07 USD. The USD to MANA projection at the end of the month is 3.41 USD, with a 374% change.
Dollar to Decentraland coin price projection for February 2023
In February, the Decentraland price is forecasted to reach the max price of 3.54 USD and a minimum price of 3.08 USD. The USD to MANA projection at the end of the month is 3.31 USD, with a 360% change.
Dollar to Decentraland forecast for March 2023
In March, the Decentraland price is forecasted to reach the max price of 3.82 USD and a minimum price of 3.31 USD. The USD to MANA projection at the end of the month is 3.57 USD, with a 396% change.
Dollar to Decentraland forecast for April 2023
In April, the Decentraland price is forecasted to reach the max price of 3.57 USD and a minimum price of 2.79 USD. The USD to MANA projection at the end of the month is 3.00 USD, with a 317% change.
2021-2028 Decentraland price prediction from digitalcoin
According to the Decentraland prediction on Digitalcoinprice prediction, the price of Decentraland will start end with $1.47 and will rise to $1.69 in 2022. The coin will start in 2023 at $2.06 and rise to $2.27 in the following year. The previous year’s increase will transcend into 2025 as MANA is projected to be sold at $2.83. The coin will further increase in 2026 and will be sold at $3.3. MANA is projected to reach its all-time high in 2028 with $4.25. The graphical representation of the bullish trend is presented below.
Conclusion
Decentraland (MANA) projections, just like BTC price predictions, are rather contradictory. There is no universal consensus either about a positive or negative future for MANA price movements. Indeed, the possible future growth depends on various factors: announcements, new technological solutions of the Decentraland projects, the crypto environment in general, legal position, etc. We kindly remind you that before investing in any cryptocurrency, it is essential to do your research.
FAQs
What is MANA?
Decentraland (MANA) is a virtual reality platform based on the ETH blockchain. Moreover, MANA is an ERC 20 token.
How to Buy MANA Tokens?
Users can obtain MANA tokens by purchasing them from cryptocurrency exchanges such as Binance or Huobi Global.
Is MANA worth buying?
MANA is a good investment in 2021. However, crypto traders need to take extra care when trading in cryptocurrencies, as they are extremely volatile.
Will MANA Reach 1 USD in 2021?
As per the current price bull Run, the MANA token may hit 10$ before the end of 2021 and increase further in the long term.
