Decentraland

Today's state: Decentraland is trading at $0.071400 with a $0.1 billion market capitalization (rank #201). The price moved -3.51% over the past 24 hours and is +5.20% over 7 days; the 30-day move stands at -3.17% and the 90-day at -17.27%.

Position vs cycle: Sitting more than 70% under its prior cycle high, the asset is deep in post-peak drawdown territory — a zone associated with late-stage bear phases or a permanent downward re-rating.

Volatility and structure: 30-day realized volatility of 85.7% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Bearish (33/100), against a softening backdrop, with pressure stacking up over the 30- and 90-day windows.

Looking past Bitcoin alone, how closely MANA tracks the next two biggest layer-1s over 90 days indicates whether it is mostly market beta or something more independent. The daily-log-return correlations:

• Bitcoin reference: +0.61 — a strong positive relationship.
• Ethereum reference: +0.62 — a strong positive relationship.
• Solana reference: +0.74 — a strong positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Decentraland (MANA) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.0714 as of the latest update, with a 24-hour move down 3.51%, placing it at rank #215 by market capitalisation among all listed digital assets. Decentraland's current market cap stands at $139.83M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Decentraland across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Decentraland is a gaming or metaverse token: its value is tied to a game, virtual world, or gaming ecosystem where the token is used for in-game assets, rewards, governance, or access.

By market value, Decentraland sits at rank #201 — a mid-cap asset in the broad top 250. Its focus is metaverse / virtual worlds, and launched in 2017. About 89% of the maximum MANA supply is in circulation today (1.96B of 2.19B), leaving a moderate emission stream still to come. It currently trades about 99% below its all-time high of $5.85 set in November 2021.

Decentraland ties token utility to a game or virtual world: it may be the in-game currency, the governance asset over the ecosystem, or the settlement layer for player-owned items (often NFTs). The token tends to track player engagement and content releases far more than broad-market technicals — a successful update or partnership can re-rate it independently of crypto-wide moves.

By market value, Decentraland sits at rank #201 — a mid-cap asset in the broad top 250. Its focus is metaverse / virtual worlds, and launched in 2017. About 89% of the maximum MANA supply is in circulation today (1.96B of 2.19B), leaving a moderate emission stream still to come. It currently trades about 99% below its all-time high of $5.85 set in November 2021.

Decentraland is used inside its ecosystem — buying and trading in-game items, earning play-to-earn rewards, governance over the game economy, and (in metaverse projects) acquiring virtual land or assets. The core question for holders is whether the underlying game retains an engaged, paying player base.

Daily turnover is unusually high at roughly 25% of market cap ($35.61M traded in 24 hours), the kind of liquidity that reflects an active news or trading cycle.

To read Decentraland's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation. At 89.3% of maximum supply already issued, the remaining issuance is a relatively small fraction of total potential supply. Sell pressure from future issuance is therefore limited. The fully diluted valuation (FDV) of $0.2 billion stands at 1.1× the current circulating market cap of $0.1 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

The macro backdrop for crypto assets is dominated by the Federal Reserve's rate path, the trajectory of dollar liquidity, and the unwind (or non-unwind) of the post-2020 expansion in M2 money supply. Crypto — Bitcoin in particular — has historically responded most strongly to shifts in the global liquidity regime, with risk-on phases coinciding with falling real yields and a softening dollar, and risk-off phases the inverse.

The cross-asset relationships worth watching: the dollar index (DXY), historically inversely correlated with crypto over longer windows; the 10-year Treasury yield, a proxy for the cost of risk capital; gold, which sometimes shares a "monetary hedge" framing with Bitcoin during regime changes; and the S&P 500, which during liquidity-driven moves often rhymes with crypto despite the "uncorrelated" narrative.

Narrowing to Decentraland, the cleanest leading signal has usually been crypto-native liquidity — the combined trend in stablecoin supply, futures open interest and exchange turnover. When that pool of on-chain capital grows, MANA has tended to advance with it; when it drains, the move has typically gone into reverse. Given the 90-day BTC correlation of +0.61, MANA's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

Gaming-token risks: reliance on a single game or studio keeping players engaged, the boom-bust history of play-to-earn economies (token-emission-driven rewards that collapse when new-user growth stalls), NFT-liquidity dependence, and execution risk on long game-development timelines. Crypto-market and regulatory risks apply on top.