Gaming / Metaverse · Gaming / Metaverse

Decentraland all-time high and real returns MANA

A virtual-reality platform on Ethereum where users buy, sell and build on digital land. MANA is the in-world currency.

Latest price
$0.0940 +4.06% in 24 hours
Updated · CoinGecko

Decentraland all-time highs and real returns

In dollars and pounds, before and after inflation, since Aug 2020.

Show returns in

−24.0%Decentraland after US inflation since Aug 2020−4.4% a year

Down 2.1% in dollars since Aug 2020. After US inflation, down 24.0%. Against money printing, down 22.8%.

In pounds, down 1.0%, or down 25.2% after UK inflation.

$ nominal
−2.1%−0.3% a year
£ nominal
−1.0%−0.2% a year
Real $ (US CPI)
−24.0%−4.4% a year
Real £ (UK CPI)
−25.2%−4.6% a year
vs US M2
−22.8%−4.1% a year
Measured from
Aug 2020to Oct 2026, 6 years 2 months
  • Decentraland, Real $ (US CPI)$0.0964
  • $ nominal$0.0964
  • Oct 2026, latest
Highest month-end close in today's dollars (US CPI): $5.604 in Nov 2021. The latest close is 98.3% below it. The dashed line is the same asset in dollars before adjustment.
Decentraland returns in every lens, to Oct 2026 (latest close). Each cell is the total change, with the yearly rate under it for windows of a year or more.
Period $ nominal£ nominalReal $ (US CPI)Real £ (UK CPI)vs US M2
Past year from Oct 2025 −57.5% −57.8% –a (see note a) −58.9% −59.5%
5 years from Oct 2021 −96.7% −49.3% a year −96.5% −49.0% a year −97.2% −51.2% a year −97.3% −51.3% a year −97.0% −50.3% a year
Since Aug 2020 first month in our data −2.1% −0.3% a year −1.0% −0.2% a year −24.0% −4.4% a year −25.2% −4.6% a year −22.8% −4.1% a year
  • a US CPI was not published for Oct 2025.

On month-end closes, Decentraland's highest price was $4.650 in Nov 2021, which is $5.604 in Oct 2026 dollars after US inflation. The latest close of $0.0964 is 98.3% below the real high. The intraday record, $5.850 on 25 November 2021, is higher than any month-end close.

Cycle peaks, falls and recoveries

Month-end highs followed by a fall of 50% or more, and the high that stands today, in Oct 2026 money.

Decentraland cycle peaks in dollars and pounds, then and in today's money, with the fall that followed and the time to recover in nominal and real terms
Peak $ then Today's $ (US CPI) £ then Today's £ (UK CPI) vs M2 today Fall after Back above, $ Back above, real $
Apr 2021 Cycle peak $1.488 $1.867 £1.075 £1.403 $1.722 −61.0% low Jun 2021 6 months 6 months
Nov 2021 All-time high $4.650 $5.604 £3.509 £4.400 $5.086 −98.7% low Jun 2026 Not yet Not yet

Return since our first month and since each cycle low

From the month-end close in the first column to Oct 2026.

Decentraland returns from launch and from each cycle low, in dollars, after US and UK inflation, and against M2
From $ then $ nominal Real $ (US CPI) Real £ (UK CPI) vs US M2
Aug 2020 First month in our data $0.0985 −2.1% −0.3% a year −24.0% −4.4% a year −25.2% −4.6% a year −22.8% −4.1% a year
Jun 2021 Cycle low $0.5800 −83.4% −28.6% a year −86.5% −31.3% a year −86.6% −31.4% a year −85.4% −30.3% a year
Jun 2026 Lowest since the high $0.0622 +55.0% +54.5% +54.1% +53.5%

Every month MANA closed at a new high

7 month-end closes above every earlier one
Every month-end close of Decentraland that was above all earlier closes, in dollars then and in today's dollars
Month Close, $ Today's $ (US CPI)
Nov 2021 $4.650 $5.604
Oct 2021 $2.885 $3.494
Apr 2021 $1.488 $1.867
Mar 2021 $1.021 $1.291
Feb 2021 $0.2369 $0.3017
Jan 2021 $0.1547 $0.1981
Aug 2020 $0.0985 $0.1269

How these figures are worked out

Sources, inflation measures and what is left out
  • Month-end closes from Binance, Aug 2020 to Oct 2026. Oct 2026 is still in progress, so its figure is the latest close rather than a month-end. Our history for Decentraland starts in Aug 2020, so longer windows are left out.
  • Real figures divide by US CPI (BLS, via FRED) or UK CPI (ONS, joined to the ONS long-run RPI before Jan 1988) and are stated in Oct 2026 money. The M2 lens divides by the US M2 money supply (Federal Reserve, via FRED). Pounds convert at each month's GBP/USD rate.
  • US CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
  • UK CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
  • US M2 is published with a lag: Oct 2026 uses the Aug 2026 figure.
  • A return of 12 months or more also shows its yearly rate. Gaps in a source are left as gaps and never filled in.

Key numbers

  • Market cap $184.1m Rank 195
  • 24-hour volume $12.6m
  • 7 days -8.5%
  • 30 days +25.4%
  • Circulating supply 2.0bn No maximum supply
  • Risk level High
  • Listed on 3 of 5 Coinbase, Binance, Kraken
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Cycle position

Updated · CoinGecko
70/100
Discount, strength 4 of 5

Price 98% below ATH · greed high · funding negative · structural collapse risk

Decentraland is 98% below its all-time high while the market is greedy. The Bargain Score puts it at a meaningful discount.

Why this zone

  • Bargain Score68/100
  • Fear & Greed62
  • RSI (14-day)54.2 Neutral
  • ATH Drawdown98%
  • Resilience (ORS)Moderate
  • Risk LevelHigh

Bargain Score 68/100

How cheap?HVD30%99
Market fearSES20%35
PositioningPIS20%50
Structural healthORS15%55
Supply safetyTQS15%89
  • Deep Drawdown
  • Negative Funding

Between ATL and ATH

ATL $0.009237−98.4% from ATH · +918% above ATLATH $5.85
ATH
$5.85 · 25 Nov 2021
ATL
$0.009237 · 30 Oct 2017
Risk level
High
ATH chance
63% · Medium

Past drawdowns and recoveries

Model timeline (from past cycles): 6–18 months

Past drawdowns and recoveries for Decentraland
PeakLowFallRecovered in
11 Mar 20246 Sept 2024−68.1%89 days
4 Dec 202430 Jun 2026−92.0%Not yet

Compare all 54 coins in the screener How the scores work

Why it sits in this zone

Decentraland sits in the Discount zone with a Bargain Score of 68, meeting at least three of the model's buy-side conditions (Price 98% below ATH, greed high and funding negative). Since its $5.85 peak in November 2021, Decentraland has lost 98.4% of its value, a 62-fold gap back to the high that few coins have closed in past cycles.

What drives the score

The largest weighted part of the score is price distress, at 0.99 out of 1, while market sentiment contributes least at 0.35. It has come through one full market cycle by the model's definition, and its chance of a new all-time high is rated Medium. Gaming and metaverse tokens like this one depend on players and new releases, and as a group they have been slow to recover from the 2021 peak.

Where the cycle targets come from

The cycle targets of $6.14, $6.73 and $7.60 are anchored to the previous all-time high, because a reduced repeat of Decentraland's past range would not reach it, so the low scenario sits just above the old high, a 6,434% move from today's price.

FAQ

Decentraland: questions people ask

What was Decentraland's all-time high in today's money?

Decentraland's highest recorded price was $5.850 on 25 November 2021, from CoinGecko's record of intraday trades. Restated with US CPI to Oct 2026, that is $7.050 in today's dollars. In pounds it was £4.414 at the time, or £5.536 after UK inflation.

On month-end closes, which is what our tables use, the peak was $4.650 in Nov 2021, worth $5.604 today. The latest price is 98.3% below the real high.

Has Decentraland beaten inflation since Aug 2020?

Our monthly history for Decentraland starts in August 2020. Since then it is down 2.1% in dollars and down 24.0% after US inflation, so it has not kept up with inflation over that stretch. Measured in pounds after UK CPI the figure is down 25.2%. Against the US M2 money supply it is down 22.8%.

How long did Decentraland take to recover from past crashes?

After the Apr 2021 peak of $1.488 it fell 61.0% by Jun 2021, and closed above the old high again after 6 months. In real terms it took 6 months. After the Nov 2021 peak of $4.650 it fell 98.7% by Jun 2026, and has not closed above that high since. In real terms it has not recovered.

These use month-end closes, so intraday highs and lows were more extreme.

How far is Decentraland below its all-time high?

Decentraland is 98.4% below its all-time high of $5.85, which it set on 25 November 2021, and its all-time low is $0.00923681, from October 2017. Getting back to the high from today's price of $0.094 would take a rise of about 6,123%. These figures come from CoinGecko and refresh every five minutes.

What is Decentraland's Bargain Score?

The Bargain Score is 68.3 out of 100 (Meaningful discount). It combines the discount from the previous high, market sentiment, momentum and the coin's track record across past cycles. On our zone scale that places Decentraland in the Discount zone: Price 98% below ATH · greed high · funding negative · structural collapse risk. This describes current conditions; it is not a recommendation.

What do the Decentraland cycle scenarios assume?

Low cycle target $6.143 (Previous ATH + 5% (the model’s cycle multiple lands below the previous high).). Base cycle target $6.727 (Previous ATH + 15%: a return to the previous high (the model’s cycle multiple lands below it).). High cycle target $7.605 (Previous ATH + 30% (the model’s cycle multiple lands below the previous high).). Each is the price the coin would reach if a smaller version of its past cycle repeated, not a loss case. They come from a model of past cycles and can be badly wrong.

How fearful is the crypto market right now?

The Crypto Fear & Greed Index reads 62 (Greed). Low readings mean fear, high readings mean greed. The Bargain Score uses it as one input, because past cycle lows tended to arrive during extreme fear.

What zone is Decentraland in today?

With a Bargain Score of 68, Decentraland is in the Discount zone: enough buy-side conditions line up, among them Price 98% below ATH, greed high and funding negative, but not all of the strict ones the Deep discount zone needs. Rather than a recommendation, the label is a reading of where Decentraland's price and the wider market sit against the model's rules at this moment, and because the Fear & Greed value and the daily RSI both update at midnight UTC, just after midnight is when it is most likely to change. The 4-dot meter beside it shows where that zone sits on the five-step scale, from one dot for Expensive to five for Deep discount.

How long have Decentraland's past recoveries taken?

Decentraland has had two earlier falls of 50% or more in our price history: after its $0.7795 peak in March 2024 it fell 68% and took 9 months to close above that level again, in December 2024; after its $0.7798 peak in December 2024 it fell 92% and has not closed above that level since. Those are the only data points we have for this coin, which is too few to say anything reliable about the next recovery, since market conditions, supply and competition are different each cycle and some coins never regain a previous high.

What are the cycle targets for Decentraland?

The model starts from Decentraland's full range, its all-time high of $5.85 divided by its all-time low of $0.00923681, which is roughly 633-fold. It shrinks that multiple with a decay factor, on the assumption that each cycle is smaller than the last, and applies it from the low. For Decentraland that reduced repeat would not reach the old high, so the targets are anchored just above it instead, at $6.14, $6.73 and $7.60, which puts the low scenario 6,434% above today's price. They describe what a reduced repeat of the past would look like and say nothing about whether that will happen. Cryptoassets are high risk, and you should be prepared to lose all the money you put into them.

Important information

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Cryptoassets are largely unregulated in the UK, so you are unlikely to have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme if something goes wrong. Educational information only, not financial advice. Read our disclaimer.

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