If You Invested $100 In Metaverse Token Decentraland (MANA) When It Launched, Here’s How Much You’d Have Now
Decentraland metaverse’s native token MANA (CRYPTO: MANA) is up 2% in the last 24 hours, outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
What Happened: The price of MANA had nearly matched its pre-FTX collapse price of $0.7137 on Jan.18.
MANA was launched with an initial coin offering of $24 million, which was opened to the public in Feb 2020.
Since its launch in 2020, MANA climbed from $0.035 to its current price of $0.65 in just three years.
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An investment of $100 in MANA at the time of launch would have earned you 2857.14 MANA, which today would be worth $1868.75 — that's a potential return on investment of 1,768%.
Last month, the surge in the price of MANA was driven by the growing speculation in the industry surrounding the potential launch of Apple's mixed-reality headset.
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