Decentraland has been popular in the industry, in because of that the price of decentraland has increased. Let us tackle how much is the price of Decentraland today.
How Much Is Decentraland Price?
The price of Decentraland is currently standing at USD 0.0125 per token. The market capitalization of the digital currency is USD -3,120,112.
The trading volume in the past 24 hours is USD -1,420,000 which is very low as compared to other cryptocurrencies. Also, the price of Decentraland in the last one month has seen a decline in its value by -31.0%.
It means that the token fell from USD 0.0145 to USD 0.0125. The total market capitalization of this cryptocurrency has been reduced by -16%.
In the same span, the trading volume has decreased from $-2,720,000 USD to $-1,420,000 USD.
How is Decentraland Price Predicted?
In January 2017, Decentraland was launched for an ICO (Initial Coin Offering). And it was able to collect 10 times more than its initial goal.
So this was a sign that its price will surely increase after the ICO. As soon as it was listed on exchanges on March 28th, 2017, it showed a sharp increase in its market cap and price by +330%.
It is a huge increase especially after the ICO ended and it was listed on exchanges. After that day, it went into a downward trend and started moving towards a lower line in April 2017.
That continued until May 2017 when the price increased again and reached +30% in June 2017. So this upward trend continued until August where it reached +33% in September 2017 but now it has fallen drastically and is currently at -31%.
So this shows that decentraland price prediction for 2018 can be positive. As long as there are no major changes in the industry that affect bitcoin as well.
If you are looking for a long-term investment. Then you must invest in this cryptocurrency because it is a long-term investment with high potential returns as well.
What Is The Best Day To Buy Decentaland Token?
Decentraland is a digital currency that is popular in the trading market. You can buy the token or sell it any time you want to. So this cryptocurrency has great potential and can yield high returns if you invest in it at the right time.
To get the best value out of Decentraland, you have to buy it when its price is low. On the other hand, if you want to sell it for quick profits.
Then you should sell it when its price is high. Many indicators show that the demand for this token is increasing and so is its market price.
So if you are looking for a short-term investment. Then Decentraland can be a good option.
The best time to buy this token is in 2018 during the ICO season. So this is the time when people are more interested in investing in cryptocurrency and they want to try new tokens as well.
So if you are looking for long-term investment. Then Decentraland can be a good option because its price will increase over time as well as its demand.
When that happens, you can also make sure that your investment will also double or triple in value. It depends on how much you invested in this token.