Decentraland (MANA) has been making waves in the crypto market. As of April 14, 2025, MANA is priced at $0.2853, showing a 7.62% increase in the past 24 hours. With a 24-hour trading volume of around $109.8 million, the altcoin is gaining attention from traders, and sparking fresh discussions around Decentraland price prediction among crypto enthusiasts.

The current circulating supply of Decentraland stands at approximately 1.94 billion MANA tokens. For those looking to track short-term trends, the 50-day Simple Moving Average (SMA) sits at $0.2656, while the 200-day SMA offers a broader view at $0.3884. These levels suggest that MANA is moving closer to short-term bullish behavior but still remains below longer-term averages.

Sentiment on social media platforms like X reflects growing optimism for MANA. Users are calling it a “metaverse gem,” with some speculating price targets between $1.5 and $3. Technical analysis points to potential breakout patterns like descending triangles and falling wedges, often seen as bullish signals. However, it's important to remember that speculative trends can be volatile and subject to reversals.

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MANA has a burn mechanism that reduces its supply over time, with 2.5% burned per marketplace transaction. Over 600 million MANA has already been burned since 2017. Although this can help raise value, it’s crucial that user activity remains high to see real price effects.