Decentraland Price Prediction: Today’s Decentraland (Mana) Price, 17th Dec 2022

Decentraland price prediction – Here’s the latest Decentraland (Mana) price prediction and Mana TO USD converted price you can find here

Decentraland Today’s Price

Decentraland price today Is $0.3618764 USD

Decentraland Price Prediction:

Since its peak, Decentraland’s population has dropped by more than 85%. A bearish image is being painted by the chain’s health.

The technical indications for the MANA cryptocurrency point to a consolidated trend. More than 0.17% more has been added to the MANA/BTC pair.

Decentraland, a virtual reality platform, claims to be enabled by the Ethereum blockchain. Initial Coin Offering (ICO) for Decentraland made its debut in 2017 and went live in 2020.

On Decentraland, users can earn money off of their content. Blockchain technology is integrated into MANA’s online gaming platform. Decentraland was created by Ariel Meilich and Esteban Ordano.

Each of the 90,601 unique LAND parcels that make up the MANA gaming environment is symbolised by an ERC-721 token. The size and coordinates of every LAND in the metaverse are distinct. ROI for Decentraland is 1421 percent. Since its peak, its value has decreased by more than 85%.

MANA has a market cap of about $729 million and a supply of 1,855,084,192 shares. Decentraland volume soared by almost 104% during the intraday session. The volume to market cap ratio of the asset price indicates an upward tendency.

The weekly technical chart for Decentraland shows a steady price trend. The asset price is currently trading close to $0.39 on the daily chart, up more than 1.5%.

Currently, the coin’s price has created a stable consolidation range. The price of the asset is currently under the 50-day and 100-day simple moving averages.

An asset price negative crossing could be a sign of a downward trend. Near the $0.6 level, MANA’s resistance is apparent. Near $0.15, the declining trend may come to an end.

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