Decentraland (MANA) - Latest Price Prediction
The live Decentraland price today is $4.92 USD with a 24-hour trading volume of $2,59,72,06,597 USD. Decentraland is up 5.39% in the last 24 hours. The current CoinMarketCap ranking is #23, with a live market cap of $8,97,38,43,724 USD. It has a circulating supply of 1,82,46,15,035 MANA coins and the max supply is not available.
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According to wallterinvestor.com, the price of Decentraland (MANA) is supposed to rise up to $7.861 in the next five years.
According to digitalcoinprice.com, the price of Decentraland (MANA) will rise up to $4.63 by the end of this year, and up to $8.95 by 2025.
According to priceprediction.net, the price of MANA will rise up to $83 in ten years.
According to coinforecast.com, the price will rise up to $14.26 by the end of this year
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Coinquora.com says If this bullish trend continues, MANA will reach $10 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $8. Then this rise will slow down, but no major falls are expected. With upcoming partnerships, and developments reaching $15 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
The price of MANA can move even great heights, however reaching $25. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency MANA breaks past the psychological resistance level.
As per the latest upgrades, developments, MANA price prediction, and new project forecasts of the platform. Moreover, this might boost the price of MANA in the crypto market, and it will be the best investment as the price can spike and reach around $35.
In the next four years, MANA prices could race up to $50. However, reaching this level could not be so difficult for MANA as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that MANA has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
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According to Alexandria, The weekly chart shows that MANA is in a strong uptrend. A few weeks ago, the price made a new all-time high. The cryptocurrency market is still very bullish, so it would only be logical if MANA stays in the uptrend for a while.
What Is Decentraland (MANA)?
Decentraland(MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.
In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.
Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes, and a variety of other interactive experiences.
Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.
Who Are the Founders of Decentraland?
Decentraland was co-founded by Ariel Meilich and Esteban Ordano — both of whom have stepped down from major positions at the project but still work alongside Decentraland as advisors.
Ariel Meilich previously held the role of project lead at Decentraland between 2017 and 2020 and is a serial entrepreneur that has founded several other startups, including an online translation agency and a CRM platform. He also worked as an analyst at Charles River Ventures, a prominent Silicon Valley venture fund.
On the other hand, Esteban Ordano is Decentraland's former tech lead and has a long and varied history in the cryptocurrency space working as a software engineer at BitPay, Inc., an advisor to Matic Network, and briefly operating his own smart contract development firm known as Smart Contract Solutions.
Esteban is also credited with co-founding Zeppelin Solutions, an established blockchain technology infrastructure company.
Although Ariel and Estaban are no longer leading the project, the development of Decentraland is still ongoing, with efforts being directed by the recently established Decentraland Foundation.
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As per LongForecast, the coin might grow threefold in the next five years. It should have a clear bull run around $1.80 to $2, making it a long-term good investment.─────────────────────────
Usefull Cards :
$MANA Oversold condition detected (Long Signal)
Success Rate: 83.15% (296/356)
— SB Master Chart (@sbmasterchart) November 28, 2021
Average Gain: 2.18%
Chart Period: 30https://t.co/DkympgJ3E8
⚠️#MANA 2hr looks stabilized and to be setting up for a break above the 4.96 target. With a break above this target, $MANA will be able to run more than +24% to the next target at 6.22. #Decentraland has shown what it can do, so with a break of 4.96, 6.22 may be pushed QUICKLY!!! https://t.co/YtJpGXYfyI pic.twitter.com/qTIJszMXAt
— JAVON MARKS (@javonnnm) November 27, 2021
$MANA 4 Hour Chart. Stoch.RSI room to drop 4Hour/1Day, RSI below 50, BB% bearish territory, attempting to bottom in this range and reclaim 4.54, If rejected test of 50SMA(4.00). Bullish momentum above BaseLine(4.96). Will update✍️#MANA #Decentraland #Metaverse #Crypto #MANAUSDT https://t.co/3rVBjdDLxB pic.twitter.com/7r54mZ0L8C
— KevinCrates (@kevincrates_) November 28, 2021
