MANA, Decentraland’s native token, has seen a significant price increase in recent days. Its value has increased by 37.13% in the last 24 hours and 72.54% in the last seven days.
MANA’s price has been steadily rising for quite some time. MANA has increased by 61.08% over the last 30 days and 35.74% over the last 60 days. It is up 101.62% year to date (YTD) and currently trades at $0.61.
Decentraland’s MANA Price Prediction
Investor sentiment toward MANA is neutral, according to Coincodex’s technical analysis. They expect the price of MANA to rise by 53.91% in the next month, reaching $ 0.923561 on February 13, 2023.
According to Coincodex, the MANA price will be between $ 1.636655 and $ 4.91 by 2025. They even predict that MANA’s price will break through the $10 barrier by 2026, in the best-case scenario.
Given that the MANA reached an all-time high of $5.90 in November 2021, it is very likely that it will break through the $1 barrier soon.
How much money would you make if the MANA price hit $1?
Assume you make a $100 investment in MANA today. You will receive approximately 163 tokens at the current price of $0.61. You could make $163 if you hold these and sell them when MANA reaches $1. This means that your $100 investment will yield a 2X, or 63%, return on investment (ROI).
Assume you invested $1,000 in MANA today. You will have approximately 1639 coins at today’s market price. If your $1,000 investment is liquidated at $1, it is worth $1639.
Before investing in MANA, anyone considering investing should thoroughly research the asset and understand the risks involved.