MANA Price Prediction: Can Decentraland Coin Reach $100?

December 9, 2024

Price Prediction

Sean Korbett

Decentraland is a groundbreaking virtual platform built on blockchain technology, where users can create, explore, and monetize 3D immersive environments. As a decentralized metaverse, it empowers participants to purchase virtual land, build interactive spaces, and engage in a vibrant economy driven by its native cryptocurrency, MANA. Unlike traditional gaming or virtual platforms, Decentraland operates on a distributed network, ensuring that the control and ownership of assets remain entirely with its users. This innovative approach has positioned Decentraland as a pioneer in the growing intersection of gaming, social networking, and blockchain. How high can Decentraland crypto go? Discover the long-term MANA price prediction in StealthEX’s latest article.

Decentraland (MANA) Overview

Decentraland allows participants to own parcels of virtual land represented as NFTs, giving them full control to build anything from art galleries and games to interactive experiences. The platform operates on the Ethereum blockchain and uses a native cryptocurrency, MANA, to facilitate transactions, including buying land, trading digital assets, and participating in various in-world activities. Decentraland combines the immersive aspects of virtual reality with the transparency and security of blockchain technology, fostering a unique ecosystem for creators, gamers, and investors alike.

At its core, Decentraland is a user-driven metaverse governed by a decentralized autonomous organization (DAO). This governance model allows users to propose and vote on changes to the platform, ensuring that the community maintains control over its development and future direction. Its open-world environment hosts a range of events, marketplaces, and community-driven initiatives, creating endless opportunities for socializing, entertainment, and collaboration. With its growing popularity, Decentraland exemplifies the potential of Web3 by enabling individuals to participate in a shared virtual space while maintaining true ownership of their digital assets.

Decentraland was created by Ari Meilich and Esteban Ordano, two developers with a vision to combine blockchain technology with virtual reality. The project was officially launched in 2017, following a successful initial coin offering that raised approximately $24 million to fund its development. Its virtual world and decentralized infrastructure have continued to evolve since then, becoming a prominent example of how blockchain can transform digital spaces and ownership.

Decentraland Features

Decentraland offers a number of features within the crypto space. These are:

1. Virtual land ownership. Users can purchase, own, and develop virtual parcels of land in Decentraland’s metaverse. Each parcel is represented as an NFT on the Ethereum blockchain, ensuring true ownership and allowing users to resell or lease their land.
2. Content creation. Landowners can build and customize their virtual spaces using Decentraland’s builder tools or import more advanced designs with 3D modeling software. Users can create anything from art galleries and games to immersive experiences and social hubs.
3. Decentralized governance. Through the DAO, MANA holders have voting power to influence key decisions about the platform, including policies, feature updates, and treasury fund allocation.
4. Interoperable NFTs and marketplaces. Decentraland integrates a robust marketplace where users can trade virtual land, wearables, and other NFTs. The platform supports interoperability, allowing assets to be used across different blockchain-based ecosystems.

Decentraland (MANA) Price History Highlights 

• 2017: In September 2017, MANA started trading at about $0.02. For the following few months, there was no price growth, and MANA occasionally fell below $0.01 due to small drops. By the end of the year, prices had broken $0.1 after starting to trend upward in December.
• 2018: 2018 saw a continuation of the uptrend, which peaked in January at $0.3. Over the course of the following week, prices fell to $0.08, and the remainder of the year was largely spent in decline.
• 2019: Throughout the first few weeks of 2019, MANA’s price fell steadily, reaching a low of $0.03 in February. After that, the first quarter saw some rises, with prices peaking at $0.08 at the end of March. The following few months took a downward turn after remaining stable until July, and MANA touched a low of $0.02 at the end of November. By the end of the year, MANA had recovered $0.03 following a trend reversal.
• 2020: Prices rose as high as $0.07 in February 2020 due to persistent bullish momentum, but MANA soon dropped to a low of $0.01 in March following an almost 50% drop in value in a single day. This signalled the beginning of a phase of gradual expansion that turned exponential in August when prices hit $0.13. MANA consolidated for the remainder of the year and finished 2020 with a value of $0.08, more than double the year’s beginning price.
• 2021: As MANA continually recorded higher highs and lower lows throughout January and February of 2021, the rally picked back up. In the first half of March, the price gain became steeper, and for the following several weeks, MANA was more volatile, with regular pullbacks of over 30%. MANA achieved a high of $1.68 on April 17, 2021, when its market cap was more than $2.1 billion. In November it skyrocketed to its all-time high of $5.9.
• 2022: In 2022, the price of Decentraland’s token, MANA, experienced significant fluctuations. It began the year trading around $3.28 and reached a high of approximately $3.53. However, the price declined throughout the year, ending at a low of $0.285 by December. This represented a sharp drop, reflecting the overall bearish trend in the cryptocurrency market during the year, which was influenced by macroeconomic uncertainties and decreased investor confidence.
• 2023: In 2023, the price of Decentraland’s MANA token experienced fluctuating values influenced by broader market trends and the performance of the metaverse sector. Early in the year, MANA’s price hovered around $0.37 to $0.5. It then peaked at approximately $0.75 during brief market rallies in February before stabilizing to an average range of $0.5 – $0.65 for much of the year. Analysts noted that MANA reached an annual average trading price of approximately $0.76, with a maximum recorded price near $0.88 during periods of heightened trading activity.
• 2024: In 2024, the price of Decentraland has shown significant volatility. In March, during the short bull run, its price rose to $0.77. At the moment, the price of Decentraland fluctuates between $0.65-$0.85.

Decentraland (MANA) Price Chart    

CoinMarketCap, December 9, 2024

Decentraland MANA Price Prediction $100: 2025, 2026, 2030-2040

MANA Price Prediction 2025

DigitalCoinPrice experts expect that in 2025 MANA coin’s price might go as high as $1.95 (+180%), while its minimum price can hit $1.62 (+130%).

PricePrediction crypto analysts believe that in 2025 MANA coin will mostly be down: it’s expected to cost $0.5794 (-13%) at its low, while at its maximum Decentraland will rise to $0.7203 (+3%).

Telegaon crypto experts also expect MANA to drop in price: according to their estimates, the lowest price Decentraland can hit in 2025 is $0.61 (-13%), while its maximum price will hit $0.52 (-25%).

Decentraland Price Prediction 2026

DigitalCoinPrice experts think that in 2026, MANA crypto might go as high as $2.72 (+290%) per coin at its maximum. Its minimum price can drop to a minimum of $2.22 (+220%).

PricePrediction analysts think that in 2026 Decentraland will go as low as $0.8537 (+20%) at its lowest point vs $1 (+40%) at its peak.

Telegaon analysts believe that in 2026 MANA coin will hit a minimum of $1.24 (+80%), while at its highest point it can rise to $2.45 (+250%).

MANA Price Prediction 2030

DigitalCoinPrice analysts believe that by 2030, MANA coin will rise to a maximum level of $5.65 (+710%), while its minimum price will drop to $5.08 (+625%).

According to PricePrediction, by 2030 Decentraland will see a lowest price of $3.94 (+460%), while at its peak it might reach $4.6 (+560%).

According to Telegaon expectations, in 2030 MANA might go as low as $8.56 (+1,120%) or hit $11.35 (+1,520%) at its peak.

Decentraland Crypto Price Prediction 2040

According to PricePrediction forecasts, in 2040 MANA is going to hit a minimum of $205.25 (+29,200%) at its low or reach its new all-time high of $246.95 (+35,200%).

According to Telegaon forecasts, in 2040 MANA can reach $42.56 (+6,000%) at its lowest point or hit $55.28 (+7,800%) at its highest point.

MANA Price Prediction: What Do Experts Say?

Decentraland stands out in the blockchain and metaverse space due to several unique features that set it apart. For instance, Decentraland enables users to purchase, own, and develop parcels of virtual land represented as NFTs on the Ethereum blockchain. This ownership model gives users full control over their virtual assets and allows for customization, ranging from digital art galleries to interactive experiences like virtual casinos and social hubs.

Moreover, Decentraland offers a fully immersive metaverse experience where users can attend virtual events, engage in play-to-earn games, and socialize in a rich, customizable environment. Its open-world nature allows creators to monetize their activities by hosting events or selling in-game assets.

Many analysts predict that MANA will trend upward over the next 5 to 10 years, albeit with high volatility. Optimistic forecasts see MANA reaching $5 or more, supported by increasing adoption of decentralized platforms and virtual spaces. Pessimistic scenarios place the price below $1, reflecting the potential for slower adoption or broader market instability.

All in all, Decentraland remains popular among users, and some experts believe that it will continue to expand. For instance, analysts at CCN think that in 2030 MANA will trade between $3.4 and $5.

MANA USDT Price Technical Analysis     

Tradingview, December 9, 2024

Now that we’ve seen possible price predictions for Decentraland, let’s find out a bit more about the factors that can influence its price.

What Does the Decentraland Price Depend On?

Like any asset, MANA’s price is heavily affected by supply and demand dynamics. If more people are buying land, assets, or services within Decentraland, the demand for MANA increases, potentially driving its price up. Conversely, if demand wanes or there is an oversupply of tokens being sold, prices may decrease. 

It’s also true that the level of user activity and the growth of the Decentraland community are significant drivers of MANA’s price. A higher number of active users engaging with the platform, participating in events, and building virtual spaces can increase the token’s value. A decline in user engagement can negatively impact MANA’s price. Moreover, upgrades and new features within Decentraland can influence MANA’s price. For example, the introduction of enhanced virtual reality experiences, new creator tools, or integration with other blockchain projects can attract more users and investments.

When assessing MANA coin as an investment, keep the following considerations in mind:

• Supply and demand;
• Competition;
• Market sentiment;
• Regulatory factors;
• Community influence;
• Development of GameFi;
• Strength of the cryptocurrency market;
• The state of the economy in general;
• Adoption and user growth.

Risks and Opportunities

Decentraland holds considerable opportunities as a pioneer in the metaverse space, offering unique benefits like true digital ownership, decentralized governance, and monetization for creators. Users can create, sell, and trade virtual assets, games, and experiences, enabling content creators to profit. This feature has helped build a thriving ecosystem that supports economic activity beyond just buying and selling land. In addition, Decentraland supports a wide range of activities, from gaming and entertainment to art galleries and educational events. This diverse array of use cases can increase user engagement and drive demand for MANA.

However, MANA also faces risks from fierce competition, regulatory challenges, and user adoption hurdles. The value of MANA, like most cryptocurrencies, is highly volatile. Prices can experience significant fluctuations due to market sentiment, regulatory news, or broader economic trends, which poses a risk for investors and users. Understanding these dynamics and staying informed about both technological and market developments is crucial to navigating Decentraland’s potential.

Is Decentraland a Good Investment?

Decentraland can be a compelling investment for those interested in the growth of the metaverse and blockchain technology. As one of the first platforms to offer true ownership of virtual land and assets, Decentraland holds a unique position in the blockchain metaverse space. This early mover advantage has given it visibility and credibility, making it a potentially rewarding investment if the metaverse continues to grow. However, potential investors should remain aware of the inherent risks, including market volatility, competition, and regulatory uncertainties.

Can MANA Reach $50?

Reaching $50 for MANA is not entirely out of the realm of possibility, it would require unprecedented growth and a shift in how the metaverse is perceived and used globally. Many analysts agree that while the $50 target is ambitious, it is not entirely impossible in a long-term scenario where the metaverse becomes a major part of daily life. While Decentraland has the potential for significant price appreciation, the journey to such high valuations would likely involve substantial risks and require broader industry shifts in technology and adoption.

Will Decentraland Reach $100?

For MANA to reach $100, the metaverse would need to become a fundamental aspect of digital life and economic activity. This would mean millions of users participating regularly, with virtual land, experiences, and assets becoming significant parts of people’s daily lives and businesses’ operations. That would be an unprecedented achievement that would require a dramatic shift in the platform’s adoption, utility, and the overall metaverse market.

How High Can MANA Go?

MANA’s price reached an all-time high of over $5 during the peak of the crypto bull market in late 2021. If the metaverse concept continues to evolve and attract mainstream attention, similar or even higher peaks could be possible in future cycles. Realistic expectations for the next few years place MANA in the $5 to $10 range, but a broader acceptance of the metaverse and further technological and economic developments could push its value higher in the long term.

How Much Will MANA Be Worth in 2025?

According to DigitalCoinPrice, in 2025 MANA will cost a maximum of $1.95.

What Will Decentraland Be Worth in 2030?

Analysts at PricePrediction think that in 2030 Decentraland can reach $4.6 at its peak. 

When Was MANA All-Time High?

MANA hit its all-time high of $5.9 on November 25, 2021.

Is Decentraland Still Popular?

Decentraland remains a notable player in the blockchain-based virtual world space, maintaining interest through its continued development and community engagement. Despite challenges in the broader metaverse and cryptocurrency market, Decentraland has been proactive in enhancing user experience with updates to its web and desktop clients and new features like a simplified avatar creation process and improved authentication tools. Additionally, Decentraland’s platform supports a range of events and has kept up a healthy level of community participation, with an active number of members involved in governance and proposal activities.

Can I Make Money in Decentraland?

Yes, you can make money in Decentraland, and there are several ways to do so. One of the most popular methods for earning money in Decentraland is by investing in and developing virtual real estate. Secondly, if you create and host engaging experiences, such as concerts, festivals, or art exhibitions, you can generate revenue through ticket sales, sponsorships, and donations.

Users can also design and sell virtual items, such as wearables, NFTs, and custom 3D models, on Decentraland’s marketplace. Moreover, MANA token holders can participate in Decentraland’s DAO, influencing the platform’s direction and benefiting from community-led initiatives. Lastly, much like other cryptocurrencies, MANA can be traded on various exchanges. Some users make money by buying MANA at lower prices and selling it when the price increases.

Conclusion

Decentraland stands as a pioneering force in the metaverse landscape, offering a unique blend of virtual real estate, social interaction, and economic opportunities. Despite the competitive nature of the virtual world sector, Decentraland continues to innovate and attract users with its robust ecosystem, community-driven development, and the integration of blockchain technology. Whether through creating and selling digital assets, hosting engaging events, or investing in virtual property, users have numerous avenues to explore and potentially profit from their participation.

The platform’s growth, supported by a dedicated community and ongoing updates, shows that Decentraland is more than just a passing trend. As the metaverse continues to expand and gain mainstream traction, Decentraland is well-positioned to remain a significant player, offering users exciting opportunities for both creativity and financial gain.

Where to Buy Decentraland Coin?

StealthEX is here to help you buy Decentraland if you’re looking for a way to invest in this cryptocurrency. You can buy MANA privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy MANA Crypto: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to MANA.
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.