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Decentraland bear market cycles - historical perspective of MANA bear markets
In this overview, we will show the previous bear markets of the Decentraland cryptocurrency - you will see how much MANA lost during its biggest past bear markets.
Current price and other data:
|Symbol||Price change (1d)||Price (USD)||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 14 bear markets in the past, see chart below:
What is Decentraland most negative bear market ?
Decentraland most negative bear market started on Feb 19th, 2020 and ended on Mar 13th, 2020, lasting for 23 days.
During this time, the price of Decentraland decreased from 0.0653 USD to 0.0182 USD, resulting in a return of -72.1 %.
Average compounded daily decrease of price during this period was -5.4% / day.
What is Decentraland 2nd most negative bear market ?
Decentraland 2nd most negative bear market started on Oct 18th, 2021 and ended on Dec 21st, 2021, lasting for 64 days.
During this time, the price of Decentraland decreased from 1565.0583 USD to 459.0777 USD, resulting in a return of -70.7 %.
Average compounded daily decrease of price during this period was -1.9% / day.
What is Decentraland 3rd most negative bear market ?
Decentraland 3rd most negative bear market started on Nov 14th, 2018 and ended on Feb 7th, 2019, lasting for 85 days.
During this time, the price of Decentraland decreased from 0.1034 USD to 0.0324 USD, resulting in a return of -68.7 %.
Average compounded daily decrease of price during this period was -1.36% / day.
Returns of previous Decentraland bear market cycles
In the following table you can see the previous MANA bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
|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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