Latest Mana USD Price
MANA Prediction: Performance chart
According to the current market analysis, Mana’s market cap has been trading lower for the past two days. Mana’s price retreats and the volume has turned green. The Technical recommendation for the day is Sell. The current momentum is predicted to be bearish. The rank of Mana for today is 34. Today mana is down by 3.72% in the last 24 hours. Overall Mana is falling compared to yesterday.
|Last 5 Days||+5.81%||+3.50%||+9.18%||+5.08%|
MANA Price Prediction: Volume and Market Cap
MANA Price Prediction: Technical Analysis
Latest Video on Mana Technical Analysis
MANA Price Prediction: Search Interest for Mana
Mana search has been lower as compared to its last 24 hours level.
Latest Decentraland Mana Tweets
$MANA daily chart
The low keeps rising and the high keeps falling
At the end of a consolidation pattern, waiting to break out of wedge pattern
Support $0.78. Pressure $1.05
MANA Price Prediction 2022: Experts Prediction
Mana has lost almost all the gains that it had made in 2021. However, it is not just Mana but almost all the cryptocurrencies have lost big time in 2022. Decentraland’s all-time high price was $5.90 and since then Mana is down over 80%. By 2022 end, the price prediction for Mana is less than $1.5. As per the prediction, Mana is predicted to have an average value of $1.24 by the end of 2022.
|Average MANA Price Prediction 2022||$1.24|
MANA Coin Price Prediction 2023: Experts Prediction
Even in 2023, the price of Mana is predicted to remain way below its all-time high. However, the current price prediction is based upon the current market condition. If the market condition improves, there are chances of price of Mana to rise in the coming years. However, as of now the predicted price of Mana for the end of 2023 is $1.85.
|Average MANA Price Prediction 2023||$1.85|
MANA Price Prediction 2025
In 2025 even if the market condition remains the same, there are chances of Mana price increasing three times than what it is now. Though even in 2025, the price of Mana is predicted to remain below its all-time high, but it is predicted that Mana’s price will see an improvement in 2025. The average predicted price of Mana in 2025 is $3.96.
|Average MANA Price Prediction 2025||$3.96|
What is a Metaverse?
In simple words, it is a digital space that can offer an experience that can expand our boundaries of what we can do with our lives. Some are imagining an artificial digital replacement of the real world while others have integrated cryptocurrencies into existing games and call them Metaverse.
How can Decentraland Metaverse Help Mana Price Rise?
Decentraland or MANA is basically a gaming platform that is based on Ethereum and it will allow people to properly stimulate life in the space of metaverse. Hence, it was definitely a pretty exciting opportunity for the investors who would take an interest in MANA.
However, there are some problems that are currently creeping up due to the freefall nature of the crypto market scene.
The Volatile World of Cryptocurrency
Here is an example to make you understand. The price of Decentraland cryptocurrency peaked at a height of about $5.48 in the month of November 2021, quite specifically the 24th of November. However, by the time we reached the 22nd of February 2022, the price actually went down a lot. It reached about $2.64. The overall loss was about 51.8% over a time period of 3 months in total.
Also, on the 22nd of January, MANA saw a decline in the prices as the price went down to reach the value of $1.04. This was pretty good news for the investors since it meant that the price of Decentraland has actually been recovering for sure.
Currently Mana is trading below $1 but looking at the momentum, it is well placed to rise higher.
The Standout Features of Decentraland
One of the key features of decentraland is that with this platform, the players will definitely be able to sell and buy virtual land in the best way. Not to mention that they can also partake in the selling and buying of parcels that are related. Apart from that, the parcels, as well as the lands, can properly be customized too. These plots are properly represented with the help of assets such as NFTs or non-fungible tokens.
There are certain land parcels that are effectively bought and sold in the metaverse of Decentraland. These parcels have actually managed to do quite well in the process of development. This could be one of the main reasons why the price of MANA has managed to rise so far according to the recent events that we have seen.
Here is another example, Metaverse Group is a real estate firm on virtual reality that has recently purchased some land pieces and properly connected them together. This has led to the formation of a piece that is worth $2.4 million in total. This accounted for the largest sale that ever took place in the history of Decentraland virtual land sales.
This particular sale that we are talking about took place in the Fashion Street Estate in Decentraland. With the help of the digital space, Metaverse plans on actually taking on some very high-end fashion shows by collaborating with brands in the real world. Hence, with an overall increase of sales in Decentraland, the prices of MANA are also increased for sure. Since MANA has a decent correlation with Decentraland, there is no doubt that with an increase in the sales of the platform and the land parcels, the price of MANA will also start to increase in the best way.
Decentraland is promptly becoming one of the best estate sectors for people to make an investment in. Hence, there is supposedly going to be a rise in the sales for the estates or land parcels in the virtual reality world of Decentraland. With more sales, the prices of land will also increase. This might have an effect on the MANA Price for sure as it will help in the price rising of the coin.
Decentraland Price Prediction: Is Mana a Good Investment?
Decentraland Mana has been a good investment in 2021. However, the metaverse token has crashed since attaining the all-time high in November. Recently the news of Samsung tying up with Decentraland for their upcoming Metaverse project led to Mana gaining its trading value. But the gain was limited and did not translate to a higher gain.
Regarding the investment in Mana, the token has gained in the last 6 months’ recent crash. With major tech companies venturing into the field of Metaverse, it is likely the popularity of Mana to rise more among the investors as it is one of the best Metaverse tokens. Therefore the investment in Decentraland Mana is highly profitable but it is advisable to make a market assessment before making any financial move.
Looking at the all-time financials of Decentraland Mana, fewer investors have made a profit as compared to the ones who have made profits after investing in Mana. As per the data by IntoTheBlock, as of now around 35% of the investors have been able to make a profit while around 61% have lost after making an investment in Mana.
Decentraland Price Prediction: Some Facts
- Decentraland was created by Argentinians Ari Meilich and Esteban Ordino and has been developing since 2015.
- A cryptocurrency that facilitates purchases of LAND, as well as virtual goods and services used in Decentraland.
- Using Decentraland, users can create scenes, graphics, and challenges as well as trade digital assets including LAND, estates, and avatar apparel.
How to Buy Decentraland Mana?
Here are a few steps how you can buy Decentraland Mana tokens:
- The very first step is to create an account with any of the exchanges. The exchanges could be Coinbase, Binance, FTX, Crypto.com, Kraken etc.
- In order to create an account, you will need some basic documentation that ensures KYC so that these exchanges are not used for Money Laundering.
- Each of these exchanges has various features and transaction fees. So evaluate them carefully.
- Once you have created your account, the next step is to link your banking account or a payment account with the exchange.
- Once a payment method (Bank account, debit or credit card, wire transfer) is linked then next step is to fund the account
- Once the fund is added, start trading by selecting Mana trading symbol and then enter the quantity
- You can store your crypto in the trading account or your personal wallet (You need to open another account for that)
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in Stocks or Coins. Please consult a registered investment advisor to guide you on your financial decisions.