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Decentraland Price Predictions – What is the current state of Decentraland (CCC:MANA-USD)? Within the previous 24 hours, the metaverse cryptocurrency has increased by more than 15%. In addition, the MANA cryptocurrency is now ranked first on LunarCrush’s top ten cryptos based on social media activity.
Decentraland has a market valuation of $5 billion at the time of writing, making it the 30th largest cryptocurrency. Currently, investors are curious about the latest Decentraland price forecasts.
Decentraland was first introduced in 2017 with a $24 million initial coin offering (ICO) (ICO). In addition, MANA is an Ethereum (CCC:ETH-USD)-based currency that can be used to purchase land and other Decentraland-related things. Users can participate in a range of activities in Decentraland, including playing games, making artwork, and attending virtual parties.
The news of Steve Aoki’s Australian Open metaverse party could be a catalyst for the MANA token to rise. The celebration took place this past weekend in the Decentraland metaverse and featured performances by a variety of performers.
This is noteworthy since the Australian Open is one of the most popular yearly tennis tournaments, with hundreds of thousands of fans tuning in to watch. Decentraland now has a greater sense of legitimacy and reputability as a result of this.
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Let’s take a look at where Decentraland could still head later this year in light of the recent excitement:
Decentraland Price Predictions
• Digitalcoin is expected to be worth $3.89 in 2022. This forecast suggests a 38 percent increase in value. The prediction by Digital Coin was made using a proprietary algorithm that took into account past data.
Furthermore, the MANA cryptocurrency now has a “sell” rating on the website’s price prediction visual.
• CryptoNewsZ forecasts a price of $5.10 in 2022. Notably, this forecast predicts an 82 percent increase in value from current levels.
Decentraland should be able to maintain this price projection, according to CryptoNewsZ, as long as it continues to recruit an active community and maintains a safe and secure network.
• PricePrediction predicts a $3.47 price in 2022. This forecast has a 24 percent chance of being correct. According to PricePrediction, prices might rise as high as $4.13 in the best-case scenario.
In the worst-case scenario, the MANA token might end up at $3.37 in 2022, representing a 20% increase over current pricing.
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• The Wallet Investor predicts a price of $5.04 in 2022. This prediction has an 80% chance of coming true.
Furthermore, despite the attitude toward the MANA cryptocurrency has been particularly unfavorable over the last month, Wallet Investor claims that “MANA is an outstanding long-term (1-year) investment.”