Decentraland’s price has exploded throughout November, and the coin has again smashed its all-time high. The currency is continuing to attract the attention of crypto investors looking for a profitable coin, and this will no doubt continue if its price keeps rising.
But what exactly has happened to MANA, and is it even worth buying? If so, where can you get it from? Keep reading, and we’ll reveal the answers to each of these questions.
What happened to Decentraland?
On 25th November, the price of 1 MANA hit an all-time high of $5.85. Soon after, it dropped to $5.17 — and its price has fluctuated in the hours since.
However, despite this sudden drop, Decentraland is still performing much better than even a week ago. MANA is also still much higher than its value a month ago; on 25th October, the currency’s value was just below $0.78.
Needless to say, many early adopters on social media are pretty happy right now:
Where can I buy Decentraland?
With a slight price decrease in recent hours, now is a good time to hop on the Decentraland bandwagon. But where can you purchase MANA?
One platform that recently added Decentraland as a cryptocurrency is eToro. You can use the service regardless of whether you’re on your smartphone or computer, and can buy MANA in several languages — including English, German, Spanish and Dutch.
eToro lets you copy trades from several successful traders, helping you get a foot in the door if you don’t yet have much experience. Moreover, you can access several tools to help you out — such as trading calculators and earnings calendars.
To get started with eToro and trade Decentraland, you’ll need to deposit a minimum of $200.
Is Decentraland still worth buying?
Seeing as Decentraland’s price performance was relatively unremarkable before November, it’s easy to think that the currency is merely a flash in the pan. However, that’s not necessarily the case.
Many experts predict that MANA will surpass $7 in value next year and glide past the $20 mark in 2025. By 2030, Decentraland could be worth over $100.
A lot of individuals in the crypto community also believe that Decentraland offers a better user experience than its competitors, giving MANA an advantage against the likes of Sandbox.
