MANA is the native token of Decentraland, one of the most popular metaverses. It has added around 6% to its value today after a recent dip.
This short article has everything you need to know about MANA, including whether it’s worth buying and the top places to buy MANA now if you choose.
Top places to buy MANA now
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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 purchase plots of land that they can later navigate, build upon and monetize. It was built for content creators and users in search of a new artistic medium, business opportunity, or source of entertainment.
In total, the Decentraland game world is divided into 90,601 individual parcels of LAND, each of which is represented by an ERC-721 non-fungible token.
Though LAND holders are free to develop their plot into whatever they choose, much of the metaverse is broadly divided into several districts, each of which has a different size and theme.
These districts were generated through individual crowd sales for MANA tokens, and parcels of LAND in these districts cannot be traded.
Should I buy MANA today?
MANA can be a profitable investment, but take price predictions with a grain of salt. Metaverse tokens are only as popular as the worlds they’re used in. Loss of interest in Decentraland’s metaverse will lead to devaluation of your investment.
MANA price prediction
Wallet Investor makes a positive MANA price prediction. They anticipate a long-term increase. In February 2027, 1 MANA will trade for $16.08, about four times what it’s worth now.
A 5-year investment could thus generate revenue of around +379%. If WI is right, your $100 investment may be up to $479 in 2027.
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