MANA is the native token of Decentraland, one of the most popular metaverses. After a recent decline, it has added around 6% to its value today.
This short article contains everything you need to know about MANA including whether it is worth buying and the best places to buy MANA right now.
What is MANA?
Decentraland defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience and monetize content and applications.
In this virtual world, users buy land that they can later drive, build on, and monetize. It is designed for content creators and users looking for a new artistic medium, business opportunity, or entertainment resource.
In total, the Decentraland game world is divided into 90,601 individual LAND parcels, each represented by a non-fungible ERC-721 token.
Although LAND owners are free to develop their property however they please, much of the metaverse is roughly divided into multiple districts, each of a different size and theme.
These districts were generated through individual crowd sales for MANA tokens, and LAND parcels in these districts cannot be traded.
Should I buy MANA today?
MANA can be a profitable investment, but take price predictions with caution. Metaverse tokens are only as popular as the worlds in which they are used. A loss of interest in Decentralands Metaverse will result in a devaluation of your investment.
MANA Price Prediction
Wallet Investor gives a positive MANA price prediction. They expect a long-term increase. In February 2027, 1 MANA is said to be trading at $16.08, about four times what it is worth now.
A 5-year investment could therefore generate sales of around +379%. If WI is right, your $100 investment in 2027 could go as high as $479.
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