Home / Price Predictions / Decentraland Price Prediction 2025: MANA Targets Growth as Metaverse Gains Traction

Decentraland Price Prediction 2025: MANA Targets Growth as Metaverse Gains Traction

Last Updated
Valdrin Tahiri
Last Updated
By Valdrin Tahiri
Edited by Ryan James

Key Takeaways

  • The Decentraland (MANA) price has underperformed in both 2023 and 2024.
  • However, the token rallied in November 2024.
  • Our Decentraland price predictions suggest MANA could reach $3.36 in 2025.

The Metaverse was the hottest thing in Web3 in 2021, but things have not been kind to the sector since then. Decentraland and its MANA token were no exception to this, collapsing from an all-time high.

MANA has fallen significantly since its all-time high in 2021 and underperformed in 2023 and 2024. However, in November 2024, it looked like it was staging a recovery, and on Nov. 25, 2024, MANA was worth about $0.695.

Let’s now look at our price predictions for Decentraland, made on Nov. 25, 2024. We will also examine the history of Decentraland’s price and discuss what MANA is and what it does.

Decentraland Price Prediction 

Let’s look at the MANA price predictions made by CCN on Nov. 25. The projections will be made using the wave count method, and then 20% will be added and removed to the final targets to create the minimum and maximum MANA price predictions.

Minimum Decentraland Price Prediction Average Decentraland Price Prediction Maximum Decentraland Price Prediction
2025 $2.24 $2.80 $3.36
2026 $4.45 $5.55 $6.65
2030 $3.40 $4.20 $5

The wave count suggests MANA completed an A-B-C corrective structure from January 2023 to February 2024 and then finished the final downward movement. The movement is almost identical to that in 2019 and 2020.

In 2020, wave one ended at the 1.61 external retracement of the correction. Assuming the same thing happens in 2024, wave one will end at $1.20. Then, we can use extensions on wave one to find wave three and on wave three to find wave five. Doing this leads to an all-time high of $13.55, reached in February 2026.

So, the wave count gives MANA price predictions of $2.80 and $5.55 at the end of 2025 and 2026, respectively.

MANA/USDT Weekly Chart
MANA/USDT weekly chart | Credit: Valdrin Tahiri/TradingView 

Finally, we use the rate of increase for the past five years to make a Decentraland price prediction for the end of 2030. In the 1820 days since November 2019, MANA has increased by 1,040%, for a daily rate of increase of 0.56%.

Projecting this rate of increase until the end of 2030 leads to a price of $4.20. Adding and removing 20% to this target gives our minimum and maximum MANA price predictions.

Decentraland Price Prediction for 2025

The wave count method gives a MANA price prediction range between $2.24 and $3.36 for the end of 2025.

Decentraland Price Prediction for 2026

The wave count method gives a MANA price prediction range between $4.45 and $6.65 for the end of 2026.

Decentraland Price Prediction for 2030

The daily rate of increase gives a MANA price prediction range between $3.40 and $5 for the end of 2030.

Decentraland Price Analysis 

The weekly time frame MANA chart shows that, unlike the SAND price, MANA has not broken out from its 700-day pattern. In Decentraland’s case, it is a descending parallel channel instead of a descending resistance trend line.

Last week’s increase took the price to the channel’s resistance but did not cause a breakout. If one happens, the first resistance will be at $1.10. However, this is just a minor resistance area. A breakout could take MANA to the next resistance at $2.40, both a horizontal and Fibonacci level.

MANA/USDT Weekly Chart
MANA/USDT weekly chart | Credit: Valdrin Tahiri/TradingView 

Technical indicators support the upward movement. The RSI and MACD have generated bullish divergences (green) and are above their bullish thresholds at 50 and 0, respectively.

So, similarly to SAND, the MANA price will likely break out and increase toward its long-term resistance.

Short-Term MANA Price Prediction

The MANA price prediction for the next 24 hours is bullish. Once the price breaks out from its parallel channel, it will likely accelerate the rate of increase toward new highs.

Decentraland Average True Range (ATR): MANA Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

MANA ATR
MANA ATR | Credit: Peter Henn/TradingView 

Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels. On Nov. 25, 2024, MANA’s ATR was 0.09, a sign of low volatility.

Decentraland Relative Strength Index (RSI): Is MANA Oversold or Overbought?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.

MANA RSI
MANA RSI | Credit: Peter Henn/TradingView 

On Nov. 25, 2024, the MANA RSI was at 70, a sign of overbought conditions.

Decentraland Price Performance Comparison

Decentraland is a metaverse project, so let’s compare it with other similar platforms.

Current Price One Year Ago Price Change
Decentraland $0.695 $0.4728 +46.9%
The Sandbox $0.756 $0.4379 +71.9%
Axie Infinity $8.10 $6.44 +25.7%
Enjin Coin $0.28 $0.2943 -4.85%

Best Days and Months to Buy MANA

We examined the MANA price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, indicating the best times to buy MANA.

Times to Buy MANA Days, Months, and Quarters
Best Day of the Week Saturday
Best Month December
Best Week 44
Best Quarter First

Decentraland Price History

Let’s take a closer look at the Decentraland (MANA) price history. While past performance doesn’t necessarily indicate future results, understanding what MANA has done can help us contextualize future predictions.

Decentraland Price History
Decentraland price history for the last 12 months | Credit: CoinMarketCap 
Period MANA Price
Last week (Nov. 18 2024) $0.4275
Last month (Oct. 25, 2024) $0.3121
Three months ago (Aug. 25, 2024) $0.3171
Last year (Nov. 25, 2023) $0.4728
Five years ago (Nov. 25, 2019) $0.02213
Launch price (Sept. 18, 2017) $0.02479
All-Time High (Nov. 25, 2021) $5.90
All-Time Low (Oct. 13, 2017) $0.007883

Decentraland Market Cap

The market capitalization, or market cap, is the sum of the total number of MANA in circulation multiplied by its price.

Decentraland Market Cap
Decentraland market cap | Credit: CoinMarketCap

On Nov. 25, 2024, MANA’s market cap was $1.36, making it the 78th-largest crypto by that metric.

Who Owns the Most Decentraland?

On Nov. 25, 2024, one wallet held nearly 12% of MANA’s supply.

Richest MANA Wallet Addresses

As of Nov. 25, 2024, the five wallets with the most MANA  were:

  • 0x67c231cf2b0e9518aba46bdea6b10e0d0c5fed1b. This wallet held 254,068,948 MANA or 11.96% of the supply.
  • 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 210,000,000 MANA or 9.57% of the supply.
  • 0xeea573cd5af454ed857c937df52f4fc395d17ee2. This wallet held 200,760,220 MANA or 9.15% of the supply.
  • 0xec5aa93136896c571304d6887327a5ab1029d236. This wallet held 161,483,050 MANA or 7.36% of the supply.
  • 0x7a3abf8897f31b56f09c6f69d074a393a905c1ac. This wallet held 132,721,991 MANA or 6.05% of the supply.

Decentraland Supply and Distribution

Supply and Distribution Figures
Total Supply 2,193,179,327
Circulating supply as of Nov. 25, 2024 1,942,255,184 (88.55% of the total supply)
Holder distribution Top 10 holders owned 60.73% of the supply as of Nov. 25, 2024

From the Decentraland Whitepaper

MANA is an ERC20 token  used within Decentraland to acquire land and make in-world purchases of digital goods and services. It is spent to obtain non-fungible, transferrable, and scarce digital assets stored in an Ethereum smart contract.

What is Decentraland (MANA)?

The Metaverse, the idea that we can create an online world where people can interact with each other through avatars, was a big deal in 2021. With the growth of non-fungible tokens (NFTs) at the same time, plenty of people were convinced that the Metaverse was here to stay and that it was The Future.

Unfortunately, the crypto crashes of 2022 put paid to that, with Metaverse coins and tokens taking the brunt of some disastrous losses. However, some metaverse cryptos continue to have a following, with one of the biggest being Decentraland ‘s MANA.

Decentraland was founded in 2015 by two Argentinians, fintech expert Ariel Mielich, and blockchain specialist Esteban Ordano. The pair wanted to create an online world that was not controlled by one person or organization, hence the name.

The MANA cryptocurrency supports Decentraland. To participate in Decentraland, people need to hold MANA.

How Decentraland Works

The Decentraland platform features 90,601 pieces of land. People can use MANA to buy these and decorate them with NFTs, which can be bought, again with MANA, on the Decentraland Marketplace. 

MANA holders can also vote on changes to the network, and they have the right to change their avatars. They can also take part in auctions for Decentraland’s other cryptocurrency, LAND, which is used to track the ownership of the land in Decentraland. 

It is worth noting that MANA, which can be bought, sold, and traded on exchanges, is based on the Ethereum (ETH) blockchain. This means that it is a token rather than a coin. You might see references to such things as a Decentraland coin price prediction, but these are wrong.

Is Decentraland a Good Investment? 

It is difficult to tell at the moment. Keep in mind that MANA is not only a long way from its record price but also that metaverse cryptos were even more badly affected by the crashes of 2022. The fact that the SEC considers it to be an unregistered security, which could be interpreted as kicking a man while he’s down, might make things worse. 

On the other hand, there is enough of a fanbase to allow Decentraland to have a game-making experience, and both cryptos and other things that people had long thought had had their time have made a comeback, so it might be that this current state is the lull before the storm of a metaverse renaissance. Certainly, it has performed well over recent days. 

Either way, you will have to do your own research before deciding whether to invest in Decentraland.

Will Decentraland go up or down?

No one knows for sure right now. Although the Decentraland crypto price predictions are largely optimistic at the time of writing, price predictions have a well-deserved reputation for being wrong. Remember, too, that prices can, and do, go down and up. 

Should I invest in Decentraland?

Before you decide whether or not to invest in Decentraland, you will have to do your own research, not only on MANA but also on other similar coins and tokens, such as The Sandbox (SAND). Most importantly, though, you must make sure you never invest more money than you can afford to lose. 

Technical analysis by Valdrin Tahiri.

FAQs

How many Decentraland are there?

As of Nov. 25, 2024, there were about 1.9 billion MANA in circulation out of a total supply of around 2.19 billion.

Can Decentraland reach $10?

Our Decentraland price predictions suggest that MANA won’t reach double figures until at least the 2030s.

What is Decentraland used for?

The MANA cryptocurrency is used to buy items and land in the Decentraland metaverse. The token’s holders can also vote on changes to the platform, and it can be bought, sold, and traded on exchanges.

 

Valdrin Tahiri

Valdrin discovered cryptocurrencies while getting his MSc in Financial Markets from the Barcelona School of Economics in 2017. He has been an avid investor and trader since. Valdrin has written for several cryptocurrency media companies such as BeInCrypto and CoinGape.
See more