Decentraland ($MANA) Price Prediction 2024, 2025, 2030

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Michael Graw

Gambling and Finance Writer

Michael Graw

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Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

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Last updated:

October 8, 2024 23:10 EDT

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Decentraland is one of the largest metaverse projects in Web3 and a beacon for investors who think the metaverse is the future of the internet. However, its $MANA token suffered badly during the crypto winter and Decentraland saw its user base decline dramatically.

Is this a chance to buy $MANA at the beginning of its turnaround, or should investors avoid this metaverse token altogether? In our Decentraland price prediction, we’ll take a closer look at what the future holds for this metaverse project and predict the price of $MANA in 2024, 2025, and 2030.

Decentraland Coin Price Prediction 2024-2030

Here are the most important things to take away from our Decentraland price prediction:

• Our real-time $MANA to USD price chart gives the current Decentraland price as $0.30 on October 12, 2024.
• Decentraland has a market cap of $572.91M, down significantly from its all-time high market cap of $9.5 billion in 2021.
• We predict $MANA will reach a price of $0.30 by the end of 2024 as interest in the metaverse picks up.
• We forecast an average $MANA price of $0.51 in 2025 and an average price of $3.78 in 2030.

Here’s our full Decentraland price prediction for 2024-2030:

Decentraland Price Prediction 2024

Decentraland, once vaunted as the future of the internet, has suffered badly in the past several years. From an all-time high price of $5.85, its $MANA token has fallen to a price today of just $0.30.

That was in part due to the crypto winter, which ravaged crypto token prices across the entire market. But it was also due to a popping bubble in the metaverse market, which had been heavily hyped by both crypto projects and mainstream companies (for example, Facebook changed its name to Meta in 2021).

Decentraland has seen its user base decline dramatically in the past several years, with DappRadar publishing data that showed Decentraland had as few as 42 users during one 24-hour period. (Decentraland disputed those numbers, saying the platform had more than 8,000 daily active users.) Today, DappRadar indicates Decentraland has only around 261 unique daily active wallets.

These numbers are grim, but there are reasons to believe Decentraland could turn things around in the fourth quarter of 2024.

From a technical perspective, the price of $MANA appears to have found strong support in the $0.26-$0.27 range. This support is likely to prevent the token’s price from falling further, even though $MANA’s price has been declining since hitting a 1-year high of $0.78 in March.

From a fundamental perspective, Decentraland could benefit from a resurgence in interest around metaverse development. Metaverse e-commerce grew in 2024, and the market as a whole is expected to grow at a 37.7% compound annual growth rate through 2030.

Whether Decentraland can re-establish dominance in this market remains an open question. But it’s noteworthy that major brands like Adidas, Fidelity, Nestle, and Clarks all joined Decentraland in 2023, as the crypto market appeared to emerge from its long winter. This suggests that Decentraland still has a lot of relevance for any users and companies looking to establish themselves in the metaverse.

With all of this in mind, we predict that $MANA could reach a price of $0.30 by the end of the year. Here’s how we expect the price of $MANA to change in the coming months:

Decentraland Price Prediction 2025

Heading into 2025, a crypto bull market could be the catalyst that sparks a larger return to the metaverse broadly and to Decentraland specifically. Analysts expect that Bitcoin could reach $200,000, a more than 3x gain from its price today.

If that happens, expect investors to jump off the sidelines and back into the crypto market, and especially into top altcoins. While the metaverse may not be the main focus of the next crypto bull run like it was in 2021, $MANA and related metaverse coins like $SAND and $APE could all pump higher.

The real test for Decentraland will be whether it can attract and retain major brands, developers, and users. Land NFT prices remain relatively high, creating a high cost of entry into Decentraland that could turn away many prospective users. In addition, the platform’s user interface has always been a bit glitchy and outdated looking, especially compared to some of the best play-to-earn games now available.

This means that demand for $MANA could rise in 2025, but it’s unlikely that there will be a crush of new Decentraland users clamoring to get their hands on the token. We don’t expect a repeat of 2021, when $MANA rocketed to $5.85.

Instead, we think $MANA’s gains are likely to be more modest in scale. We predict an average price of $0.51 in 2025, which represents a potential gain of 71.25% from today’s price. In a best-case scenario for $MANA, we predict a potential high price of $0.62.

Decentraland Price Forecast Long Term Outlook – 2026-2030 Predictions

Our long-term $MANA price forecast takes into account the project’s mixed success in its history so far. We think Decentraland has the potential for growth, but we also believe that it could be overtaken by newer metaverse projects or outcompeted by non-blockchain alternatives from companies like Meta.

The main limitation facing Decentraland is that the user interface has never been particularly friendly, especially for people who are new to the metaverse. That problem has gotten worse as the number of users in Decentraland has declined, leaving behind what one Reddit user referred to as ‘a dead mall.’

We anticipate that Decentraland could maintain a core group of users and develop profitable partnerships with brands that can appeal to this core user base, especially within the crypto and Web3 space. However, we’re doubtful that Decentraland can achieve the mass appeal necessary to significantly raise the value of the $MANA token.

Ultimately, if the metaverse concept is able to achieve mass appeal, we think that Decentraland could be left behind. It lacks a specific edge over competitors, has significantly worse graphics, and doesn’t have partnerships with any VR headset companies. Decentraland’s shrinking population means that the platform has also lost developers and investment, so it will be very difficult for the project to address these long-term issues.

Because of this, we predict that $MANA will reach an average price of only $3.78 by the end of the decade. Here’s our full $MANA price forecast for 2026-2030:

• 2026: $0.84
• 2027: $1.32
• 2028: $1.97
• 2029: $2.80
• 2030: $3.78

Potential Highs & Lows of Decentraland

Decentraland has been highly volatile over the past several years, and it’s likely that the $MANA token’s volatility will continue over the coming years. So, potential investors need to know the potential lows and highs of $MANA in order to gauge the token’s potential risk and reward.

Here are our forecasted highs and lows for Decentraland from 2026-2030:

Our Decentraland Price Prediction Methodology

Our Decentraland price prediction is based on a combination of technical and fundamental analysis. We primarily used technical analysis, and especially analysis of $MANA’s support and resistance zones, in our short-term forecast through the end of 2024 and into early 2025.

All of our long-term predictions are based on fundamental analysis of Decentraland and its place in the broader metaverse market. We considered overall growth in the metaverse, Decentraland’s competitive positioning, and the ability of the platform to attract major brand partners.

Decentraland Price History

Decentraland launched its $MANA token in 2017 with a valuation of $26 million and a price around $0.025. The token traded between $0.025 and $0.060 for several years, maintaining that price range even after the Decentraland metaverse platform launched in February 2020.

The project began to gain attention in the crypto bull market of 2021, reaching a then all-time high of $1.55 in May 2021—around the same time that meme coins like $DOGE were pumping.

The price of $MANA really exploded in October-November 2021, after Facebook announced that it would change its name to Meta and focus on building the metaverse of the future. $MANA skyrocketed to an all-time high of $5.85 on November 25, 2021, then fell rapidly to $0.70 as the crypto winter set in.

$MANA slowly lost ground over the course of the crypto winter, and failed to rally even when the rest of the crypto market recovered earlier this year. $MANA currently trades at a price of $0.30 and has a market cap of $572.91M.

What Do Other Analysts Predict for Decentraland?

$MANA is a large enough token that many analysts have made predictions for it, even though Decentraland has been losing ground for several years. Let’s look at several Decentraland price predictions we can compare against our own.

What Is Decentraland?

Decentraland is an Ethereum-based metaverse project founded in 2015 and launched in 2020. It was one of the first and largest blockchain-based metaverses and inspired follow-up metaverse platforms like The Sandbox, Apecoin, and others.

The project offers its own cryptocurrency, $MANA, as well as land NFTs that give users ownership over digital plots in the Decentraland metaverse. Anyone can join Decentraland for free and customize their avatar using NFT skins, or pay $MANA to build in the metaverse.

Decentraland is managed by the Decentraland Foundation in combination with a Decentraland DAO.

Conclusion

We predict $MANA will reach an average price of $0.51 in 2025 and an average price of $3.78 in 2030. While this suggests growth, we forecast $MANA will lag behind the broader crypto market and even other metaverse projects.

For alternatives to Decentraland with more potential, check out our list of the best cryptocurrencies to buy today.

FAQs

What will Decentraland be worth in 2024?

Our Decentraland price prediction for 2024 indicates that $MANA will climb modestly to a year-end price of $0.30.

What will Decentraland be worth in 2025?

According to our Decentraland price prediction for 2025, $MANA will reach an average price of $0.51. This forecast represents a 71.25% gain from the current price.

What will the Decentraland price be in 2030?

Our Decentraland price prediction for 2030 suggests that $MANA will reach an average price of $3.78, with a potential high price of $9.79.

Can Decentraland reach $1?

We predict Decentraland can reach $1 sometime in 2026-2027 as interest in the metaverse resurges. However, we don’t think $MANA can return to its all-time high of $5.85 set in 2021.

References

• Facebook changes company name to Meta (CNBC)
• Decentraland’s Active Users At An All Time Low (NFT Evening)
• Decentraland Dapp Stats (DappRadar)
• Metaverse Worldwide Market Size (Statista)
• Decentraland Brands (Decentraland Wiki)
• Chart Expert Peter Brandt Raises Bitcoin’s 2025 Target to $200K on Channel Breakout (CoinDesk)
• The Future is a Dead Mall – Decentraland and the Metaverse (Reddit)