Here’s How Much Your $1000 Investment in MANA Will Be Worth If It Reaches $1

MANA, the native token of Decentraland, has been witnessing a tremendous price surge for the past few days. Its price has risen by 37.13% in the last 24 hours and by a whopping 72.54% in the last 7 days.

There has been an upward trend in the price of MANA for quite some time. MANA has gained 61.08% in the last 30 days and 35.74% in the last 60 days. It is up 101.62% year-to-date (YTD) and is trading at $0.61.

Decentraland’s MANA Price Prediction

According to Coincodex’s technical analysis, investor sentiment around MANA is neutral. They predict that the price of MANA price will rise by 53.91% over the next month and reach $ 0.923561 by February 13, 2023.

According to Coincodex, the MANA price will be between $ 1.636655 and $ 4.91 by 2025. They even predict that MANA’s price will breach the $10 barrier in the best-case scenario by 2026.

Given that the MANA recorded an ATH of $5.90 in November 2021, it is very likely that it will breach the $1 barrier in the near future.

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How much money would you make if the MANA price hit $1?

Let’s say you invest a modest $100 in MANA today. At the current price, which is $0.61, you will get approximately 163 tokens. If you hold and sell these when MANA hits $1, you could make $163. This means that your $100 investment would yield a 2X, or 63%, return on investment (ROI).

Now, let’s assume you invest $1000 in MANA today. At today’s market price, you will have approximately 1639 coins. If liquidated at the price of $1, your $1,000 investment will be worth $1639.

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It is important for anyone considering investing in MANA to carefully research the asset and understand the risks involved before making any investment decisions.

Disclaimer: This is not investment advice. DYOR

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Dhirendra is a writer, producer, and journalist who has worked in the media industry for more than 3 years. A technology enthusiast, a curious person who loves to research and know about things. When he is not working, you can find him reading and understanding the world through the lens of the Internet. Contact him at [email protected]