Decentraland (MANA) Price Prediction 2022-2030 - Is It Worth Buying Tokens Now?

With the advent and creation of more and more new technologies, people are gradually moving into virtual reality. Digital currencies, savings, buying not only basic goods, but also real estate, for example, a complete analogue of a person's daily life, all this interests a certain number of users and has a huge demand for how to make it a reality.

And the universal attention to the 3D metaverse Decentraland at the moment is a direct proof of this. What is the virtual world, how you can buy a piece of land for yourself, how much the project token costs and how much it will cost in the future, we will tell you below.

What is Decentraland?

Decentraland is a unique and multifunctional project that represents a separate interactive world operating on the Ethereum blockchain technology. In other words, it is a virtual platform that is completely controlled by the users themselves and allows them to play games, hold seminars, sell goods, build houses, buy land, and then monetize all this and save the profits in real time. Avatars are used as the representation of characters (users).

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The project began to be developed in 2017. Then, after testing, the developers released a closed beta version of the platform in 2019 and after that, it became officially available to all users in February 2020.

Initially, the goal of the project was to create an online space in which there was no centralized organization policy at all. Unlike online games, any user completely independently controls the rules and actions in the virtual world. The Decentraland metaverse is designed and very convenient for such a range of users as: content creators, gamers, enterprises, private business accounts.

The real feeling of immersion in the interactive world and real contact with other users can be felt thanks to the 3D format and headset. Do you want to go to the casino? To a restaurant? Meet up with friends? Open a business? All this is available in full force on the Decentraland platform.

All that users need to use all the features in the interactive space is to have their own cryptocurrency of the MANA project. It is this token that is a digital asset for this application and is used when paying for any actions.

Decentraland (MANA) network utility token

As mentioned above, MANA is a cryptocurrency coin, a unique proprietary asset of the Decentraland platform. The currency was issued in 2017. This token has the format of the ERC20 standard and is used to pay for any types of services and goods provided by the virtual world. MANA cryptocurrency can not only be purchased, but also resold, or even rented out.

To have access to the Decentraland virtual world, users need to buy or convert their tokens into MANA. The advantage of owning this cryptocurrency is not only the ability to use it as a regular digital one, but also after purchasing a coin, each of its owners gets the right to vote on the Decentraland platform.

Currently, everyone can purchase currency on such exchanges as: Binance, Huobi Global, OKEx, Upbit and CoinTiger.

Decentraland (MANA) price analysis for previous years

During the start of the coin placement in 2017, about 40% of MANA tokens were sold. In addition, some part of the currency in the amount of 20% each, was relied on: developers, part was left to support the development of the project, part belonged to another part of the team and also to Decentraland itself.

As for the data on changes and loss of the MANA token, there is no exact information. Except that the actual increase in the price of the coin began in August 2020, but active changes and growth began to occur only from February 2021. The token price for April 2021 was $0.993187, and the trading volume at that time was $272,435,815

Decentraland (MANA) price prediction for 2022-2030

Despite the fact that the Decentraland platform's MANA cryptocurrency has existed since 2017, but was considered little-known until this year, today the price of the token is growing rapidly and amounts to $5.36. Currently, the coin has good liquidity and ranks 69th in the ratings, thanks to its market capitalization of $1,567,374,224. Over the several months at the end of 2021, MANA has shown positive, stable growth. At the moment, a token with such a set of values is considered a profitable investment.

In the first weeks of 2022, MANA and other cryptocurrencies saw a serious decline. If the price of the MANA cryptocurrency starts to recover at the first half of 2022, then based on technical analysis, the value of the coin by the end of the year will be $4. Then, a slight decline in growth is expected, but with an optimistic outcome, by 2023 the token price may exceed the $5 mark.

In the next two or three years, by 2025, the MANA cryptocurrency has every chance to reach the $12.4 mark.

And by 2029-2030, and even reach a minimum in price, in the amount of $77.51 and reach a maximum value of $84.65. But we remind you that this is subject to compliance with positive growth and the absence of force majeure outcomes.

Conclusion

Based on the fact that Mark Zuckerberg announced investments in interactive virtual reality platforms, the value of many tokens began to grow. And the MANA coin is included in this number and is one of the examples of this trend.

The Decentraland project itself has a great future and is a promising platform. According to many experts, Decentraland is quite promising, at least because user interest in this type of platforms (metaverses) is currently growing daily. And despite the fact that the project was launched and has been functioning not so long ago, thanks to its rapidly developing developments, it has already declared itself, shows its individuality against the background of similar platforms and has every chance to become unique in its kind.