MANA is the native cryptocurrency of Decentraland - the first ever metaverse platform developed on the Ethereum blockchain. The project gained €22 million during MANA's initial coin offering.
Amid the frenzy on the metaverse, MANA increased substantially in early 2021. It gained over 4,300%, majority of the profit has been erased due to the recent crypto winter. But has MANA run out completely?
The price of MANA is currently around $0.8073, with nearly $1.5 billion market capitalization, according to Coinmarketcap. Given the current price, MANA is down more than 86% from the ATH of $5.90.
1. Wallet Investor Regardless, Wallet Investor believes MANA is a fantastic long-term (1-year) investment. The system predicts that MANA could reach $7 over the next five years. The revenue is estimated to be about +744.09 percent after a 5-year investment.
2. CoinCodex CoinCodex’s technical indicators show a bearish pattern in MANA’s price. However, the system predicts that MANA’s price will reach about $9.29 in 2025. CoinCodex rates MANA as a good long-term investment.
3. Digital Coin Price The website predicts that Decentraland’s token might break over the $1.38 barrier and capture the market by the end of 2023. It also forecasted that MANA trade at the minimum price of $4.18 in 2031.
2022 The price of MANA is expected to reach a low of $0.97, an average of $1.01, and a maximum of $1.09 in 2022. 2025 The price of MANA is predicted to fall to a minimum of $2.99, a high of $3.55, and an average price of $3.09 in 2025. 2030 The price of MANA is expected to reach a low of $19.88, a high of $22.63, and an average trading price of $20.42.
MANA dropped to as low as $1.05 for the first time since May 9, 2022, after bullishly climbing out of the market crash and hitting highs at $1.35. Some predicted that MANA could soar to $3 in early 2022, but MANA seems running out at this point in time. The better strategy could be a long-term investment, but this is not investment advice.