- Decentraland (MANA): A Quick Introduction
- Mana Coin: Ruling The Virtual World
- Mana Coin Price Prediction 2030: Price History And Technical Analysis
- Mana Coin Price Prediction 2030: Experts’ Opinions
- Is Mana Coin A Good Investment? When Should You Buy It?
- Conclusion: Tapping The Future
Mana coin has given a great return in the past. Is it possible for Mana coin to make a comeback? All in our Mana coin price prediction 2030.
Mana is one of the most robust cryptocurrencies in the world, and it is expected that MANA will touch the roof soon. Mana coin has given investors a tremendous 100% return on investment in the past, and investors want to know where Mana coin will go in the future. Let’s find out Mana coin investment opportunities and future goals with a deep analysis of our Mana coin price prediction 2030.
Decentraland (MANA): A Quick Introduction
Today, the crypto market is continuously evolving and adding innovative functions to blockchain technology. We know about buying land with fiat currency, but one can purchase virtual land using digital assets in the crypto world. Decentraland is one of them to bring the novel concept to the crypto space.
Decentraland is a virtual world that works on blockchain technology, offering users fresh control over the virtual land, which can be purchased, built, and monetized using virtual reality applications on Decentraland. Users of Decentraland have the power to customize the environment and applications they build within their land. The official social media account of Decentraland always keeps its users updated with the latest announcements and upcoming events. The transactions made on the virtual platform get stored in the blockchain network, and hence the information on Decentraland is end-to-end encrypted and safe. Let’s check out Mana coin’s current details to clarify our Mana coin price prediction 2030 better.
Cryptocurrency | Decentraland |
Ticker Symbol | MANA |
Price | $0.75 |
Price Change 24 hours | +1.07% |
Market cap | $1,382,943,677 |
Circulating Supply | 1.86 Billion MANA |
Trading Volume | $100,733,568 |
All time high | $5.90 |
All time low | $0.007883 |
Decentraland ROI | +2777.33% |
Mana Coin: Ruling The Virtual World
Mana is the native and governance token of Decentraland that is built on the Ethereum blockchain, allowing users to make purchases from the Decentraland marketplace. Users can use Mana coin to buy virtual or digital land in the form of a non-fungible token (NFT) that can verify the ownership of the user.
In 2017, Decentraland was established with an ICO of $24 million. The MANA ERC-20 token should be burned to obtain non-fungible ERC-721 LAND tokens. On the Decentraland marketplace, MANA tokens can also be used to buy a wide range of avatars, wearables, names, and many other items.
Mana has seen some incredible and potential partnerships throughout its journey. In 2021, Mana partnered with NBA champion Stephen Curry. This year has been excellent for Mana as Mana partnered with Netflix to create ‘The Gray Man’ experience. Mana also partnered with Oneplus to bring virtual reality to a whole new level.
Virtual Reality is still in its developing phase, and it sounds exciting to think about its future potential and craze among users if it follows blockchain technology closely. The foundation and developing team behind MANA are very competent and experienced, showing a clear interest in decentralized environments, which is undoubtedly an essential point in progressing its development. MANA and Decentraland are pioneers and trailblazers in bringing the virtual experience to the crypto sphere, contributing a significant meaning to the industry. It is expected that Mana’s partnerships and growth will push its prices upward, which can be an excellent indication for our Mana coin price prediction 2030.
Mana Coin Price Prediction 2030: Price History And Technical Analysis
Before heading to Mana coin price prediction 2030, it is essential for investors to know about its price history to get a rough idea about its future prices and potential. However, price history does not guarantee our Mana coin price prediction 2030.
Mana coin has gathered the attention of investors since its inception. It has given a return of over 4300% in the past year. At the time of launch, Mana was trading near $0.024. However, it surged in this price range but faced rejection. Mana coin did not show much price action and traded in that price range.
The bull run of Mana coin started in 2020. Mana kicked off its bull run in December with a price of $0.8. Mana continued its bullish momentum till April 2021, when its price touched a high of $1.56. However, its price quickly dropped below $0.65 after touching the high. Later, Mana coin again made a spike in its price and traded for over $3.5 in October 2021.
This time Mana continued its bull run and made an all-time high at $5.9. After hitting its ATH, Mana coin made a correction and plunged below the $2 mark. This year Mana has brought bearish woes for investors as the pandemic hit the market, and the recent crypto winter has led Mana coin from $4 to the bottom line in the price graph. Mana coin is currently listed on popular crypto exchanges like Binance, and Huobi, where you can buy Mana coins.
Mana coin is currently trading near $0.75 with a market of $1.3 billion. According to our Mana coin price prediction 2030, the Bollinger band’s upper limit is $1.15. If this resistance breaks, then we can see a solid upward moment to $1.61. Conversely, Mana coin is trading near its crucial support level. The Bollinger band’s lower limit is $0.5. Below this support level, Mana coin can drop drastically and trade near $0.2. Our Mana coin price prediction 2030 indicates a bearish momentum for Mana coin in the upcoming months, as RSI and MACD indicate a selling pressure among investors.
By the end of 2022, Mana coin may touch a price of $1.43. According to our Mana coin price prediction, Mana may range between an expected minimum and maximum price of $3.43 and $4.18 in 2025. Mana will skyrocket soon as Decentraland aims to fulfill its goals in the upcoming years. Our Mana coin price prediction 2030 says that Mana will touch an average value of $27.54 in 2030.
Mana Coin Price Prediction 2030: Experts’ Opinions
According to Wallet Investor’s Mana Coin price prediction 2030, Mana may touch a price level of $5.3. Mana represents a climb of 86% this year. However, the current sentiment surrounding the MANA crypto has been highly bearish in the past. MANA is expected to give 450% ROI by five years to Decentraland investors.
Long Forecast’s Mana coin price prediction 2030 says that Mana coin might grow threefold in the next five years. It should have a clear bull run around $8 to $9, making it a long-term good investment. The average price is expected to reach approximately $6 by next year.
Is Mana Coin A Good Investment? When Should You Buy It?
According to our Mana coin price prediction 2030, Mana is an excellent investment option for investors as it aims to bring virtual reality across the world. Mana coin’s long-term prediction seems profitable as it can offer an ROI of 370% with a five-year investment. Our Mana coin price prediction 2030 indicates a great buying opportunity at $0.65.
Conclusion: Tapping The Future
The uptrend of the Metaverse and virtual reality indicates that Decentraland will gain a top position in the market in the upcoming months. Our Mana coin price prediction 2030 indicates a tremendous future potential for Mana coin, and it can be profitable in the long term. The ecosystem of Decentraland is backed by a solid framework that will lead Mana coin to success. However, it is advised to be cautious while investing in the crypto market as the market volatility can take your investment either upside or downside.