Decentraland (MANA) Price Prediction: The Forecast & More

This article was last updated on September 12, 2022

Decentraland is a one-of-a-kind project that got popular due to its authenticity and innovation. It allows users to communicate in an online world where they can even buy NFTs. Due to this, Decentraland (MANA) is gaining a lot of attention when it comes to investing. This is why we want to share with you our Decentraland (MANA) price predictions for 2022-2030.

Decentraland is one of those projects that has great potential to remain a core component of the future world of crypto. However, there’s still time until then. In this article, you will learn more about Decentraland (MANA), can Decentraland reach $5, our price predictions for it, and whether it is a good investment or not.

• Decentraland (MANA) will grow by around 800% by the end of 2030.
• According to our technical analysis Decentraland (MANA) will reach a price point of $4 in 2025.
• In Q2 of 2030, Decentraland (MANA) will achieve a new all-time high of $7.63.

However, if you are interested in the crypto world but are also new to it, we suggest going through our dedicated “Crypto For Beginners” article. You will find all the necessary information to build a strong knowledge foundation. And if you already have a strong foundation, you will easily understand all things this article covers.

Let’s start by briefly exploring the Decentraland project and seeing what it’s about.

Over the past week, the price of Decentraland (MANA) remained around $0.805. The circulating supply is 1.86 billion. The market cap went up to $1.49 million.

What is Decentraland (MANA)?

Decentraland (MANA) is a virtual reality software and platform that allows users to communicate. It is based on the Ethereum blockchain. People consider it to be the first metaverse world.

The world also allows users to create, purchase, experience, and monetize content. Since the boom in NFTs in 2021, Decentraland has become the marketplace for many big corporations to launch their NFTs on.

Aside from that, the platform allows purchasing parcels where you can build your virtual house, shop, or whatever else you want. The cool thing is you can then sell this land for a higher price if you manage to find a buyer or make people want it.

The project launched back in 2017 after an initial coin offering (ICO) of $24 million. Following that, the closed beta arrived in 2019, and a couple of months later, in 2020, the open beta launched too.

Aside from MANA, Decentraland has another token, LAND. MANA is an ERC-20 token, which users will need to burn in order to acquire the LAND token (ERC-721).

In the virtual world, MANA can be used to buy a number of different avatars, cosmetics, outfits, even names, and many other things.

Can Decentraland (MANA) Reach $5?

Decentraland is a project that comes with a lot of utility. This is what many investors love about it. Owners are optimistic about the development of the network once the market stabilizes. That’s why so many believe the price will not only reach $5 but surpass its past glory.

However, let’s think about it for a moment. The current price of Decentraland is around $1, far from its previous all-time high of $5.47. This means it will need a 5x increase to reach a price evaluation of $5. With a current market cap of $1.7 billion, adding this multiplier will result in a new market cap of more than $8.5 billion. 

This might look quite easy at first glance. After all, it has already hit a price evaluation of $5 in the past, right?

Well, that’s true. However, since the token saw quite the adoption, it grew in market cap. Because of that, it won’t be as easy to grow the price that much. Also, although Decentraland is a leading metaverse project, it still has a lot of room for growth.

Yet, since it is the first of its kind, it is probably going to continue growing together with the industry. Unless a great rival appears, the project should remain on top in the upcoming years.

However, there is more to it. Is Decentraland going to get good marketing? Is it going to bring enough utility for people to notice it? Only time will show.

We believe Decentraland will reach $5 in the future, although things are not as simple. Nevertheless, there are many factors that can negatively impact Decentraland itself, and the project might fail. However, we will leave such unpredictable speculations out of the way.

What Does Decentraland Need To Reach $5?

So what do we need to see first before MANA reaches $5? First, we need to see market stabilization. This will happen after the military conflicts in Europe get resolved. Until then, the market will proceed to be chaotic and bearish. After that, we must wait until crypto becomes more stable and adopted.

And when is Decentraland going to reach $5? It will take at least 6 more years, or even 7 if we are being conservative.

MANA Price Prediction For 2022 – 2030

Decentraland’s future price is difficult to predict as it relies on several factors, including the performance of the Decentraland network, global economic conditions, and the price of other cryptocurrencies. However, if Decentraland continues to grow as a network at its current rate, it is possible that the price evaluation for MANA could easily start climbing back to $2 by the end of 2022.

This would represent a somewhat significant increase from its current price of around $1 but would still be way below its all-time high of $5.47, reached in November 2021. While Decentraland’s future price is impossible to predict with certainty, we are eager to share our analytical forecast with you.

Keep in mind that these are mainly speculations, although supported by facts and other somewhat solid factors. With that being said, let’s head on to the exciting part – Decentraland price predictions.

2022 – Decentraland (MANA) Price Prediction

Some of the financial industry’s top names have lent their weight to Decentraland’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrency.

According to that and to Decentraland’s performance over the past year, it may achieve a tremendous boost by year’s end, unlike other significant coins like Bitcoin and ETH, and grow by around 2x, reaching the price point of $2 yet again, which will get it closer to its previous heights.

Of course, there’s the scenario that we experience further world conflicts that can affect the crypto market. In that case, we can expect MANA to drop in price. No one can say for sure how low it may go, but we can easily see it dropping to around $0.75-$0.89.

2023 – Decentraland (MANA) Price Prediction

Many analysts have made Decentraland price predictions for 2023, and the general consensus is that the price of Decentraland will continue to rise. This is based on a number of factors, including the increasing use of Decentraland’s technology, the growing popularity of crypto, and the overall positive outlook for the global economy.

While it is impossible to say exactly what the price of Decentraland will be in 2023, most experts agree that it has the potential to reach new heights.

More realistically, we can expect the price of Decentraland to reach $2.62-$2.71 by the end of 2023.

2024 – Decentraland (MANA) Price Prediction

If the growth for Decentraland continues, we can easily see it getting massive adoption. Our price prediction for 2024 is as conservative as possible to avoid misguiding you.

We believe that by the end of 2024, the price of Decentraland will reach at least $3. If we let ourselves be a bit more speculative, we’d raise it to $3.20.

2025 – Decentraland (MANA) Price Prediction

According to many Decentraland enthusiasts and their price predictions, MANA prices may rise dramatically in the trading range between $3.54 and $3.75.

However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, MANA price prediction as a cheap and convenient digital asset might become a reality.

For this scenario, we must also consider that the Decentraland network can significantly expand and develop. In that case, prices may even go as high as $4, very close to its previous ATH, but that is quite ambitious.

As for a worse scenario, there are many things we cannot predict. Such is any global military, environmental, pandemic, financial, and other similar issues.

But let’s explore what we have at hand. If a Decentraland competitor arises, things can definitely go south for Decentraland. Another thing that can happen is if there’s any change in the network’s operation. This can include a change of CEO, developers, other team members, etc. If that happens, we can see the price of Decentraland dropping by 50-70%, meaning it will go for about $1.72-$1.95.

2026 – Decentraland (MANA) Price Prediction

Keeping our conservative approach, we won’t try to make ridiculous price predictions for Decentraland. Although many believe that by 2026 the price of MANA will be at least $4.55, and come very close to its previous ATH, we’d give a different value.

2026 is actually not too far away, but in terms of crypto, it is. We believe that Decentraland will be evaluated at anywhere between $4.11 and $4.21.

2027 – Decentraland (MANA) Price Prediction

As the years go by and Decentraland continues its expansion and proves its utility, we can see it going for as much as $5, surpassing its previous all-time high. However, if we are being more realistic, the price might remain moving sideways, as that is a hefty growth.

By that, we mean that MANA will be evaluated at around $4.56 – $4.78. We think the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.

2028 – Decentraland (MANA) Price Prediction

In 2028, if Decentraland comes out with new projects and experiences further adoption, we can see it potentially going out from the 4s and reaching a price of $5.28 – $5.53, surpassing its previous all-time high. However, this is mostly optimistic.

On the lower end, we can see MANA being worth around $4.84 while, on average, remaining at around $5.39.

2029 – Decentraland (MANA) Price Prediction

For the last year of the decade, we believe that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.

As such, we think Decentraland will be moving from around $6.12 to $6.29 easily, although we can also see it reaching the $7 mark.

2030 – Decentraland (MANA) Price Prediction

Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about 8 years into the future.

Some experts have forecast that Decentraland’s price could reach up to $7.63 by 2030. This would be a significant increase from its current price of around $1. However, it is important to remember that Decentraland is growing, and so is its adoption rate, utility, and potential.

In addition, the current global economic situation could also lead to an increase in the price of Decentraland, as more investors look to cryptocurrencies as a safe haven for their money. Only time will tell whether this price forecast comes true, but Decentraland certainly seems to have a bright future ahead.

That is unless we see global frames in which cryptocurrencies have to operate in the future. What we mean here is that countries could start incorporating restrictions. There already are some countries like Qatar, China, Turkey, etc.

If that happens, we can see many of the tokens we all love and know drop down by a lot. This might even mean the end of cryptocurrencies as we know them.

For Decentraland, if that happens, we can easily make a price forecast that MANA can drop in value by 90%. To be more specific, this might mean a price evaluation of less than $1.54. On a brighter note, this is highly unlikely, even though not impossible.

Our Opinion On Decentraland (MANA) Price Predictions

Given the Decentraland price today, we can make lots of speculations. However, when doing a price prediction or looking at one, you must stay completely aware that most of the time it is completely off.

Although we kept a conservative approach with our average forecast price, you should still take this prognosis with a grain of salt.

Decentraland is certainly a great project with huge potential, which makes us believe that it will survive throughout the years.

Overall, although we believe Decentraland will certainly be bullish and we believe in our speculations, we can never be certain.

Is Decentraland (MANA) a Good Investment?

Decentraland is quite unique when it comes to the idea and solution it brings to the table. However, does that make it a worthy investment? There are many networks that offer a great idea and a solution, but the problem is usually not major. In these situations, such projects are usually a hard pass.

Thankfully, that’s not the case with Decentraland, as you might expect.

The problem Decentraland solves is quite a big one. Rather than solve, a better word would be “assist”. It assists networks in utilizing their full potential through APIs and subgraphs. This is the reason why Decentraland will most likely remain a player in the future of the crypto world.

Of course, this is still not enough to make us consider becoming owners of the MANA token. But when we ponder Decentraland and its operability, we see that there are no direct competitors. Even more, the MANA token’s will definitely be part of the top 20 cryptocurrencies at some point.

As of right now and with its current features, it is very easy to see why Decentraland is a good buy. However, if a project does not resonate with you or you do not fully understand how it operates, it can be a pass.

In conclusion, we expect to see Decentraland be part of the dominating networks that will see huge adoption in the near future.

Conclusion

Taking all of the above into consideration, it would appear that MANA is a very promising investment. The price predictions for MANA are exceptionally positive, and the coin does have a lot of potential.

Of course, as with any investment, there is no guarantee that MANA will reach the predicted price points. However, if you are looking to invest in cryptocurrency, MANA is definitely worth considering.

There aren’t too many MANAque projects that have been coming out these days. Most are looking to give solutions to problems that do not exist. Others are looking to create problems in order to give solutions to irrelevant sectors of the crypto market.

That is definitely not the case with Decentraland. The network will definitely keep growing and expanding its adoption. Even if the general public does not take better notice of Decentraland anytime soon, huge companies are already working hand in hand with Decentraland to better their operations.

We will keep an eye on the development of Decentraland and how it performs. Its potential, in tandem with our price predictions, makes us keen to see what lies in the future for Decentraland.