Metaverse Decentraland: This could benefit the MANA price 06/20/2023

2023-06-20 10:38:00

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After the introduction of the mixed reality glasses Apple Vision Pro, numerous Metaverse coins experienced a brief boost in early June before falling back once more. But what are the forecasts for the next few years?

• Apple’s virtual reality glasses only boost courses for a short time
• Metaverse as a growth market
• Decentraland might benefit as the largest platform

Apple boss Tim Cook presented the new Vision Pro computer glasses at the Apple event WWDC in Cupertino, which might mean the iGroup’s leap into the Metaverse – at least that’s what some crypto investors suspected.

The announcement of the new mixed reality headset comes at a time when the hype surrounding virtual reality has already noticeably died down and, with the AI ​​tool ChatGPT from OpenAI, the topic of artificial intelligence (AI) is increasingly becoming the focus of the tech giants moved. Since the Apple Group is known for opening up new worlds and revolutionizing technologies with its products, numerous crypto investors were initially convinced that this would also have a positive effect on the prices of the Metaverse tokens – even if not at all time there was a direct connection between Apple and Decentraland or Sandbox.

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A few days following the presentation, however, it became clear that Apple not only deliberately avoided terms like “metaverse” or “augmented reality”, but apparently also continued to distance itself from the metaverse.

In addition, the filing of the lawsuit by the US Securities and Exchange Commission (SEC) once morest the Binance crypto exchange caused price slumps on the crypto market.

Largest platform in the Metaverse: The Decentraland coin MANA

In the past, the Metaverse coins have always been able to benefit from individual events such as the recent WWDC developer congress, but they also had to give up some of their short-term profits quickly. Both the further development of the gaming area and the acceptance and spread of the Metaverse among users as well as the general economic situation will have an influence on the prices of the Metaverse coins in the medium and long term. According to Bitcoin2Go, crypto experts see a strong growth market here in the medium term.

For example, according to bitcoinwisdom.com, MANA might potentially surge to around $0.51 in the second half of 2023, with no significant declines expected. MANA, Decentraland’s virtual currency, is currently trading at $0.3357 (as of 06/19/2023). For the years 2024 to 2026, the MANA rate might even rise to USD 0.84 (2024), USD 1.18 (2025) and USD 1.52 (2026) – should the upward trend continue (as of January 2026). 06/19/2023). However, the cryptocurrency would still be miles away from its all-time high in November 2021 at around 6 US dollars.

Bitcoin2Go, on the other hand, has a 2023 negative outlook of $0.70, a neutral outlook of around $1.0, and a positive outlook of around $2.0. By 2025, MANA might even rise to as much as $10 in this forecast. The citation states that it is likely that Decentraland will play an important role in advancing the Metaverse and gaming space as it is currently the most advanced platform in development and is attracting more and more investors. “Further growth is likely due to the active involvement of its community and strong public relations work,” said Bitcoin2Go.

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This text is for informational purposes only and does not constitute an investment recommendation. finanzen.net GmbH excludes any claims for recourse.

Image Source: Ira Lichi / Shutterstock.com

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