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Decentraland bull market cycles - historical perspective of MANA bull runs
In this overview, we will show the previous bull runs of the Decentraland cryptocurrency, including statistical analysis of MANA returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Decentraland has experienced 15 bull markets in the past, see chart below:
What is Decentraland biggest bull run ?
Decentraland biggest bull run started on Oct 28th, 2017 and ended on Jan 9th, 2018, lasting for 73 days..
During this time, the price of Decentraland increased from 0.0101 USD to 0.2678 USD, resulting in a return of 2553.2 %.
Average compounded daily increase of price during this period was 4.59% / day.
What is Decentraland 2nd biggest bull run ?
Decentraland 2nd biggest bull run started on Nov 3rd, 2020 and ended on Apr 29th, 2021, lasting for 177 days.
During this time, the price of Decentraland increased from 0.0624 USD to 1.5498 USD, resulting in a return of 2382.5 %.
Average compounded daily increase of price during this period was 1.83% / day.
What is Decentraland 3rd biggest bull run ?
Decentraland 3rd biggest bull run started on Mar 13th, 2020 and ended on Aug 30th, 2020.
During this time, the price of Decentraland increased from 0.0182 USD to 0.1085 USD, resulting in a return of 494.8 %.
Average compounded daily increase of price during this period was 1.05% / day.
Returns of previous Decentraland bull runs
In the following table you can see the previous MANA bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Decentraland
See Decentraland past bull and bear markets in the chart below:
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