Decentraland News– Page 3 of 4

This article will look at Decentraland's underlying technology and its future. In addition, Decentraland price prediction for 2022, 2025, and 2030 will also be analyzed in-depth. Table of contentsDecentraland overviewDecentraland RoadmapDecentraland Price HistoryDecentraland AdoptionDecentraland Price Prediction 2022Decentraland Daily Price ChartDecentraland Price Prediction 2025Decentraland Price Prediction 2030Decentraland Latest NewsIs Decentraland a Good Investment? Chances are you have heard a lot about the metaverse, how it is a game-changer, and the technology for the future. This is where Decentraland comes into play. It promises its users and investors the ability to buy and monetize virtual museums, games, commercial office spaces, land and residential homes within the platform. Decentraland overview Decentraland is an open-world metaverse that is built on the Ethereum blockchain. At its core, it aims to help its users explore the virtual world through its online platform, where they can purchase plots of land, commercial office spaces, residential units, e.t.c. Decentraland being a platform, it uses a cryptocurrency known as MANA, which is also its governance token. This means that holders of the token are involved in the project's decision-making. They are given opportunities to determine where the project will head in the future. The project was first released in August 2017 by its co-founders, Ariel Meilich and Esteban Ordano. However, as of today, the two co-founders are no longer overseeing the project. Decentraland Roadmap One of the biggest advantages of Decentraland is its underlying technology, which is based on a virtual world, where everything is technically possible. This is also its greatest selling point. Decentralized expansion in the metaverse has allowed it to become the largest metaverse-related cryptocurrency. This is why the platform is continuing to develop new features. This includes UGC smart wearables on the platform. There are also plan to develop and release chat, privacy and friends improvement on the platform. In the future, Decentraland users will also be able to access the native VR world explorer in Decentraland. Localization to other languages is also in the plans for the next releases of the Decentraland platform. Decentraland Price History On September 17 2017, weeks after the crypto was launched, Decentraland was trading at $0.024. It would take another three months before breaking the $0.1 mark on December 14. A strong bullish move followed this, and by September 2018, Decentraland was already trading at around $0.25. By November 25, 2025, Decentraland was able to hit its all-time price highs of $5.9. Today, it trades at $3.19, a drop from its all-time high a few months ago. Decentraland Adoption Adoption of Decentraland by users is predicated to bring companies on the platform, where they can open their stores. This has already started to happen, with one of the largest companies in the world, Samsung, opening their store on Decentraland. The Samsung store was modeled from the physical store Samsung 837. The company also called their store Samsung 837X. Another adoption of Decentraland is music festivals. Late last year, it was announced that more than 80 artists were planning to hold a virtual concert. This concert would allow both users and the artists to interact virtually on the Decentraland virtual space. Decentraland is also making moves towards environmentally friendly NFTs. This is as seen in the latest Samsung bid to award their fans in the metaverse with environmentally friendly NFTs. The move indicates potential usage of Decentraland, going into the future, where companies can support environmentally friendly policies, while still being able to advance the metaverse in Decentraland. The metaverse real estate is also bringing much-needed liquidity on digital assets. This month, it was reported that Decentralized had already crossed the $500 million real estate sales. This was significant and shows the growing technology adoption among property developers and virtual landowners. Decentraland Price Prediction 2022 Decentraland had an amazing 2021, seeing a price rise from $0.07 in January 2021 to over $3 by the end of the year. This was about a 4,500 percent price increase within that period. It was also the year that Decentraland set its all-time price highs. However, 2021 has seen much calmer markets for Decentraland. As a result, the usual volatility of the cryptocurrency has virtually disappeared. That is why my Decentraland price prediction for 2021 is more conservative than last year. Today, Decentraland is trading at around $3.0 and looking at the daily price chart; it recently hit a support level on January 23 of $1.73. In the next coming weeks, I expect Decentraland to hit the $3.5 resistance level. This is an important level that will determine whether Decentraland will start to aggressively enter a bullish move, or retest the resistance level and continue with the long-term bearish move. In my prediction, I will be using the recent support and resistance levels to predict where the prices will be by the end of the year—looking at the daily chart, a recent resistance level formed at around $5.3. This will be a 64 percent price increase by the end of the year. However, the prices may also aggressively move upwards and break the $5.3 resistance levels to the upside. Based on past price action, Decentraland is able to have huge spikes in prices that result in massive gain over a very short period. I also expect Decentraland to trade within the blue area. Although the crypto will be volatile, it will trade up and down, testing the support and resistance levels enclosed within the marked blue area. Decentraland Daily Price Chart Decentraland Price Prediction 2025 My Decentraland price prediction for 2025 closely resembles the annual growth rate predicted on my prediction for 2022. Between 2023 and 2025, I expect the crypto to grow at almost the same rate as 2022. Therefore, the prices of Decentraland by 2025 will be around the $15 margin. This will be a 356 percent increase from the current prices. Decentraland Price Prediction 2030 Using the same growth rate as my 2022 return on investment, I expect the prices of Decentraland to be trading at almost $190 by 2030. This analysis is based on the assumption that the crypto will be able to see a 65 percent yearly gain per annum between now and 2030. The prediction also assumes there will be no black swans between that period that appends the crypto market and results in significant losses. The return on investment for a person investing in Decentraland now, and willing to wait until 2030 will be 5800 percent. Decentraland Latest News Decentraland recent fundamental news proves that it was created for the future. Here are some of the latest Decentraland news making the headlines that highlight its importance going into the future. This week it was announced that Tokens.com was acquiring additional Metaverse Real Estate in Decentraland's Fashion District. The new purchase will be done through its subsidiary, the Metaverse Group. The report indicated that the group would be buying an additional 132,000 square feet. This will be in addition to the 450,000 square feet the company already owns in the metaverse. The move is a show of confidence by one of the largest web 3 investing companies in the world. Samsung was also in the news this week after giving out environmentally friendly NFTs in Decentraland. The company also allowed Decentraland users to watch Galaxy Unpacked live inside the Decentraland, further pushing boundaries of what is possible in the metaverse. Is Decentraland a Good Investment? Investors willing to be patient will see their fortunes return a 5,800 percent by 2030. They will also see a 66 percent per annum growth rate. This is more than the usual 10 to 20 percent annual growth rate offered by traditional banking. In my opinion, Decentralized is a perfect investment for people looking for huge gains. I am also of the opinion that no other traditional investment will be able to give you such returns.