MANA Coin Price History
If you’re interested in purchasing MANA coins for your own use, you can purchase them on a number of crypto exchanges. Keep in mind that cryptocurrencies are highly volatile, and the price can go down if you don’t buy enough. Investing in cryptocurrencies is not for everyone, so always make sure that you can afford to lose some money. You’ll also need an Ethereum wallet to store your MANA coins for Decentraland.
Market cap of MANA coin
The price of MANA is determined by several factors, including supply and demand economics, the overall health of the Decentraland virtual economy, and the general momentum of all cryptocurrencies in the liquid exchange markets. Over the past year, MANA has steadily increased in value, reaching a high of $0.08 in December 2017. The coin’s price then consolidated until July and then plunged to a low of $0.02 in November. MANA eventually recovered to $0.04 at the end of 2018.
In late February 2020, Mana hit the $0.07 mark. Shortly thereafter, it crashed to $0.01, which represents a 50% drop. However, after the rebound, MANA prices were able to resume a steady rise, reaching $0.13 in August. The cryptocurrency spent the rest of 2020 consolidating its gains, and it ended the year at $0.08.
Price trend of MANA coin since beginning of 2022
MANA’s price trend has been relatively positive since the start of 2022. This is consistent with the growth of the crypto-asset market. In June, the MANA coin was trading at $0.58, and at the end of July, it was trading at $0.7192. On a two-month basis, MANA’s price lost 8% from its close in August. During the first three months of 2022, the MANA coin closed at $0.66, while by the end of the month, the price was down nearly 27%.
The MANA coin was one of the first cryptocurrencies to trade online. It held the 39th spot on CoinGecko’s cryptocurrency ranking. It is the 39th largest cryptocurrency by market cap, and has high potential to reach record levels. A price prediction for MANA for this year is $0.04, which is well within the range of most investors’ expectations. It is also a great long-term (1-year) investment and has great upside potential.
Growth of MANA coin
The MANA coin has seen a tremendous amount of growth in recent months. The first bull run began in February of 2020, when the coin reached an intraday high of $0.07 and a monthly high of $0.08. The next two months saw continued growth and consolidation, with MANA reaching its highest point in August of this year at $0.13. In April of 2021, the coin hit a high of $1.63, nearly doubling its initial price.
Decentraland is one of the projects associated with the MANA coin. It allows crypto users to buy virtual land using its NFTs. This project has been gaining momentum over the last few months, and many buyers are using these funds to buy virtual property. This is a positive sign for the coin’s price and ecosystem. But it may not last forever. It is important to note that long-term cryptocurrency forecasts are inaccurate.