GodMusician (G.O.M), the largest music NFT DeFi community in the world, started an airdrop event in July as a first step of the project. At the same time more than 300,000 users flocked to the official community. As an NFT DeFi community, G.O.M is doing its best to help musicians to claim their rights by combining the blockchain operation method with the previous music market. The new pre-sale model upgrades the auction system, giving investors the right to decide the price of GMiner NFT. G.O.M will do its best to make a new decentralized economic model for music finance and a full-chain music trading platform.
G.O.M is the top investment tool for the music NFT tracks at the moment, and the team members consist of the best music professors from global universities. In addition, many of their students who are musicians now will be the foundation of our community.
GMiner NFT Pricing with Upgraded Dutch Auction
The auction here has a bidding technique that gradually lowers the price per minute once it started. These bid are usually reduced by a predetermined percentage.
G.O.M will upgrade the new auction model and apply it to GMiner’s pre-sale. An optimized economic model will be more suitable for the market and highlight the platform’s finance and blockchain mechanism.
GMiner NFT is not sold at a fixed selling price, but it is determined by the market conditions. Whenever a sale is made during the price reduction period, the selling price is increased to be adjusted. And if there is no sales volume for a certain period of time, the price reduction is applied again.
In this way, the price of the GMiner NFT is determined according to the market conditions, allowing investors to choose the best bid.
GodMusician (G.O.M)’s GOM tokens at the earlier stage are issued only with GMiner NFTs. GMiner NFT is currently on pre-sale, The auction is receiving enthusiastic support from more investors.
GStar Participation Conditions ：
Those who can play the role of community owner after the community foundation is formed
People who are passionate and interested in the development of the music NFT business
Have strong appeal, influence, leadership and action
It is perfect if you have the ability to plan community events!
If you accomplish at least 2 from the above, you can contact the official staff to apply for membership!
G.O.M Community Leader GStar Benefits:
Abundant token rewards in the early stages of the project (negotiable according to individual capabilities)
Receive official rewards regularly.
Selection of leaders in official global offline activities (given opportunities to expand influence)
GStar of each node also participates in global promotion of G.O.M.
Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
Axie Infinity CEO allegedly transferred $3M from Ronin wallet to Binance before Ronin was hacked in March.
Sky Mavis employee Kalie Moore confirmed the transfer made by the CEO.
Nguyen refuted the allegation of him being engaged in insider trading calling it “baseless and false.”
Trung Nguyen, the CEO of Sky Mavis, allegedly transferred native token AXN worth $3 million from Ronin blockchain to crypto exchange Binance hours before the Ronin hack was announced. The hack was made by the infamous North Korean fraudster group, Lazarus, in March, and compromised funds worth $622 million from the Ronin Network.
Bloomberg analyzed blockchain data and published a report on July 28, with the findings that revealed that in March, a hefty sum of tokens was repositioned from a digital wallet to Binance just three hours before the company reported that their Ronin network was hacked.
Kalie Moore, a representative from Vietnam-based game developer Sky Mavis, the parent company of Axie, confirmed this transaction was made by the firm’s co-founder and CEO Nguyen after Bloomberg shared its on-chain analysis with the organization.
Moore clarified, “At the time, we (Sky Mavis) understood that our position and options would be better the more AXS we had on Binance, this would give us the flexibility to pursue different options for securing the loans/capital required.” She further explained that funds were transferred from Nguyen’s wallet just so AXS short sellers wouldn’t be able to “front-run the news.”
However, after the detailed report was published by Bloomberg quoting Moore as a witness to the act, Nguyen called out the allegation of him being engaged in insider trading absolutely “baseless and false” in a recent tweet.
As many of you know, I prefer to operate behind the scenes, but there is a story that dropped today that I want to address with the community, personally.
A YouTube user, pseudonymized as Asob, analyzed Ronin Network transactions from that period when the hack occurred and caught the attention of Bloomberg. Although Sky Mavis has declined to confirm if other wallets from company employees were also linked to large transactions, Asob has identified several other wallets that may belong to the firm’s employees. In his analysis, he stated.
We can see the money moved, the only question is what happened behind the money moving.
The world of cryptocurrencies is getting more and more popular and is slowly entering our everyday lives as “the working alternative to traditional finance”. This brings up the modern society’s demand for a greater purchasing flexibility and ability to purchase your favorite services and products with crypto.
Ifancy ecosystem strives to respond to this demand by bringing some of the best brands into a single ecosystem. The ifancythat family brings its users exposure to hundreds of brands and products from all over the world. For instance, users can quickly hire a car, book a hotel, purchase flight tickets, buy watches, or phones, and even find a date and bet on sports and casino games.
Тhe ifancythat brand will give its users the unique ability to place bets on a wide range of sports and hundreds of casino games. In order to provide the best user experience, Ifancythat also will add fiat currency support and will enable usage of their native fancythattoken (FNCY). To further add to the excitement, ifancy will release its own exchange to enable you to trade all of your favorite crypto assets.
Traveling around the world with ifancythat
Booking cheap flights has always been a difficult game to start with, but the ifancyaflight service prioritizes the best deals for users, so they can fly to their dream destinations without breaking the bank. By collaborating with the world’s biggest brands to give users easy access to all flight times and destinations, ifancyaflight would also include last-minute bookings and further bonuses when using the native FancyThat token.
Traveling around the world may sometimes lead to the need to hire a transportation vehicle. With the ifancyahirecar service, users can choose from cars, motor coaches and even motorhome hires, working with some of the best major car hire brands on the market. Furthermore, as with every service in the ifancythat brand, users will be able to hire a car directly with their FNCY tokens.
Booking a hotel is the last part of a dream trip, whether for business or pleasure. Ifancyahotel will find the best accommodation for users to enjoy their travel.
Buy tech gadgets within the ecosystem
The ifancyawatch service guarantees to show users a wide range of watches by the biggest companies at the best price possible.
Buying a phone, for example, is also streamlined with the ifancythat platform, since users can also sell their used mobile phones, making the platform one of the biggest crypto-enabled smartphone marketplaces to date. The platform also gives users the ability to compare the best prices available for a used phone with the best reviews on the market, making the ifancyaphone service one of the easiest and most reliable to date.
The fancythatwallet – the heart of the ifancythat ecosystem
In order for the ecosystem to operate seamlessly, the ifancythat team is also developing its own non-custodial wallet. The wallet can be seen as a portal, giving you access to a very long list of over 13,000 digital assets, running on different blockchain networks. Some of them are tokens with the ERC-20, BEP-20, Polygon, Avax and many more supported token standards.
The wallet also provides enhanced safety features through the deployment of the VPN Layer 2 encryption, providing safety through anonymity disguise for network data. Anyone looking to steal your details will be getting the VPN server data instead of your personal information. Furthermore, VPN usage allows encrypted connection to be established between users, devices or storage locations, with information encoded from one end to another with a continuous key.
The wallet would also serve as a place where users can collect various rewards for using the ifancythat ecosystem. For instance, users can join crypto airdrops, using the native token for product purchases and more.
Being an ecosystem, the ifancythat brand also plans to deploy a native messaging system, where users can chat privately, transfer crypto on the chat screen and create group messaging.
The wallet app would also introduce access to decentralized exchanging, IDO Launchpad, which enables users to invest in crypto projects.
In conclusion
Whether for trip planning, tech shopping, or even investing in the marvelous new world of cryptos, the ifancythat brand gets users covered up by offering access to the best hotels, car rental companies, and allows a quick, easy, and secure crypto experience – all under the ifancythat platform. The wallet adds to the flexibility and grants users the best way to deal with all of the things they fancy.
To join the ifancythat ecosystem register on the fancythattoken website and join their upcoming public sale, starting on 1 Aug 2022.
Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
POST VOYAGER, a blockchain arm of a Japanese mobile game powerhouse Cocone and a developer of the MOOI Network, announced on Friday that it has entered into a partnership with Ozys, a blockchain development company behind Orbit Bridge and several DeFi protocols such as Meshswap (Polygon) and KLAYswap (Klaytn).
As part of the partnership, companies have agreed to extend cooperation to expand the MOOI Network’s ecosystem. As such, MOOI token will be available on the Polygon chain and offered on Meshswap starting August 8. Previously, it was confirmed that MOOI will also be minted on Klaytn and will be available on KLAYswap from the same date.
In addition, Post Voyager will join hands with Ozys for co-promotion of the launch of the MOOI token on Klaytn and Polygon. Post-Voyager will hold a Drops event on both KLAYswap and Meshswap by distributing the prearranged amount of tokens to the holders of the governance tokens of these 2 protocols. Also, Post Voyager and Ozys plan to conduct an AMA (Ask Me Anything) session on the KLAYswap and Meshswap Discord channels on the 4th and 5th of August. AMA participants will receive MOOI rewards (a total of 10,000 MOOI will be distributed). Polygon has also joined the campaign and will provide its marketing support to the MOOI launch on Polygon.
The announced partnership promises to enhance the value of MOOI Network, specifically by strengthening its multi-chain strategy. “The Polygon integration is an exciting next step for the growth of the MOOI Network, and we look forward to expanding the MOOI community by adding millions of Polygon users,” a source from Post Voyager said. According to the same source, Post Voyager is planning to bridge MOOI Network to more blockchains such as BSC and Ethereum in the near future to expand the ecosystem further.
About Post Voyager
POST VOYAGER is a subsidiary of the IP giant, Cocone (stylized as cocone), headquartered in Japan as a leading mobile gaming publisher. Cocone’s gaming apps specialize in a genre of avatar gaming known as CCP, Character Coordination Play. With over 20 different services spanning across 129 million accumulative users, cocone is on track to convert the exisiting successful games into blockchain games. POST VOYAGER was established to support the creation of game-fi tailored blockchain infrastructure and has been exercising its expertise since 2019. With this goal in mind, POST VOYAGER has created a blockchain network called “MOOI Network” that will host the games from cocone and create a metaverse world for new and upcoming projects. MOOI Network plans to launch 4 new blockchain games this year and has plans to launch many more to come in the upcoming future.
Bullish Siacoin price prediction ranges from $0.0053 to $0.0272.
Siacoin price might also reach $0.08 soon.
Siacoin bearish market price prediction for 2022 is is $0.0029.
This Siacoin(SC) Price Prediction article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our SC price analysis and prediction.
There are many cryptocurrencies that surged to a new all-time high during the 2021 bull run. In contrast, some crypto also experienced a downtrend. However, Siacoin (SC) has not been able to break its all-time high price that it attained in January 2018, though its investors had lost 65.2% of their investment in the past one year. Therefore, many cryptocurrency investors and traders are confused about whether it is time to hold or sell their crypto for a good price. This might be the same scenario for SC traders and investors.
Nevertheless, the cryptocurrency market is consolidating lately, and most cryptocurrencies are losing their previous gains. Is the scenario the same with the SC price? We’ll find out shortly in this SC price analysis 2022 article. But first, let’s have a look at what SC is.
What is Siacoin (SC)?
Siacoin (SC) is the native utility token of Sia, a blockchain-related distributed, and decentralized cloud storage platform. More so, Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. The Sia blockchain is preserved by using the proof of work algorithm.
Moreover, agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for storage payment on the network. However, the main goal of the project is to become the ‘backbone storage layer of the internet.’
Now that we have an idea about SC, do you think SC will be profitable crypto in 2022? Join me and let us see the charts in this SC price analysis and SC price prediction.
Siacoin Current Market Status
As of the time of writing this Siacoin price analysis, SC trades at $0.0042 with a 24-hour trading volume of $4,011,175. The price of SC has increased by 7.08% in the last 24 hours.
Furthermore, SC has a current circulating supply of 51.53 billion SC according to CoinMarketCap. Currently, the top cryptocurrency exchanges for SC are Binance, OKEx, Huobi Global, FTX, Kraken, Gate.io, and Upbit.
Now, let’s proceed to the next part of this SC technical analysis for 2022.
Siacoin (SC) Price Analysis
Currently, Siacoin holds 156th place on CoinGecko. But will the latest upgrades, development, and changes in the SC blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this SC price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for SC/USDT, we can deduce that the price of Siacoin might get bullish in some days since the price is in the first half of the channel from the bottom. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
SC/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 54.53. This shows that Siacoin is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.
SC/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlestick, the next bullish run might be wide.
Siacoin (SC) Price Prediction 2022
The chart below shows that Siacoin price has increased in the past few days. As a result, the SC price has surged by 9.1% in the last 14 days. If this trend continues, SC might run along with the bulls, overtaking its $0.0053 resistance1 level and climb higher to $0.0272 at the resistance10 level, the 2022 bullish signal.
SC/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)
Conversely, if the investors turn against the crypto, the bears might take over and dethrone SC from its uptrend position. In simpler terms, the price of SC might plummet to almost $0.0029, a bearish signal.
Meanwhile, our long-term SC price prediction 2022 is bullish. It has a low possibility of surpassing its current all-time-high (ATH) at about $0.1117 this year. However, this will only happen if it breaks many previous psychological resistances.
If this bullish trend continues, SC will reach $0.0272 by the end of 2022. Moreover, in July 2022, SC is going to show fast growth, up to $0.0053 at resistance4. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.08 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Siacoin (SC) Price Prediction 2023
If Siacoin (SC) holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $0.14, making it not plummet but play consistently.
Siacoin (SC) Price Prediction 2024
As per the latest upgrades, developments, SC price prediction, and new project forecasts of the platform, SC investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of SC in the crypto market, and it will be the best investment as the price can spike and reach around $0.3.
Siacoin (SC) Price Prediction 2025
In the next three years, SC prices could race up to $0.8. However, reaching this level could not be so difficult for SC as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that SC has a high possibility of reaching a new ATH soon in the next three years as per the prediction.
Siacoin (SC) Price Prediction 2026
By 2026, the price of SC would reach $1 since many individuals will have better knowledge of cryptocurrencies, therefore, increasing the investment in the industry.
Siacoin (SC) Price Prediction 2027
As per the latest upgrades, developments, SC price prediction, and new project forecasts of the platform, SC investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of SC in the crypto market, and it will be the best investment as the price can spike and reach around $2.
Siacoin (SC) Price Prediction 2028
In the next six years, SC prices could race up to $4. However, reaching this level could not be so difficult for SC as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that SC has a high possibility of reaching a new ATH soon in the next six years as per the prediction.
Siacoin (SC) Price Prediction 2029
As per the latest upgrades, developments, SC price prediction, and new project forecasts of the platform, SC investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of SC in the crypto market, and it will be the best investment as the price can spike and reach around $6.
Siacoin (SC) Price Prediction 2030
In the next eight years, SC prices could race up to $8. However, reaching this level could not be so difficult for SC as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that SC has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.
Conclusion
Siacoin has a bright future ahead of it in 2022 to 2030. With the ongoing developments happening within the SC ecosystem, as well as in the overall crypto market, we may see SC reach new heights.
Bullish SC price prediction 2022 ranges from $0.0053 to $0.0272. Moreover, it may even reach $0.08 if investors have decided that SC is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
What is Siacoin?
Siacoin (SC) is the native utility token of Sia, a blockchain-related distributed, decentralized cloud storage platform. More so, Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
How to Buy Siacoin Tokens?
Users can obtain SC tokens by purchasing them from cryptocurrency exchanges such as Binance, OKEx, Huobi Global, FTX, and Upbit.
Will SC Surpass its Current ATH?
SC is a good investment in 2022. Above all, SC has a low possibility of surpassing its current ATH this year.
What will be the Siacoin price by 2022?
Siacoin (SC) price is expected to reach $0.051 by 2022.
What will be the Siacoin price by 2023?
Siacoin (SC) price is expected to reach $0.14 by 2023.
What will be the Siacoin price by 2024?
Siacoin (SC) price is expected to reach $0.3 by 2024.
What will be the Siacoin price by 2025?
Siacoin (SC) price is expected to reach $0.8 by 2025.
What will be the Siacoin price by 2026?
Siacoin (SC) price is expected to reach $1 by 2026.
What will be the Siacoin price by 2027?
Siacoin (SC) price is expected to reach $2 by 2027.
What will be the Siacoin price by 2028?
Siacoin (SC) price is expected to reach $4 by 2028.
What will be the Siacoin price by 2029?
Siacoin (SC) price is expected to reach $6 by 2029.
What will be the Siacoin price by 2030?
Siacoin (SC) price is expected to reach $8 by 2030.
Disclaimer:The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
Bullish ONE price prediction ranges from $0.0393 to $0.3560.
ONE price might also reach $0.5 soon.
ONE bearish market price prediction for 2022 is $0.0070.
This Harmony (ONE) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our ONE price analysis and prediction.
There are various cryptocurrencies that rose to a new all-time during this 2021 bull run. In contrast, some crypto assets also faced a price drop. As a result, many digital currency traders are worried about whether it is time to hold or sell their digital assets. This is also the same situation that crypto traders could experience in ONE. The price of ONE reduced by 71.2% in the past one year.
In this ONE price analysis and price prediction, we take a look at the performance of ONE if it will reach $0.5. But before that, let us learn more about what Harmony (ONE) is and its current position in the crypto market.
Fully Scalable: Harmony shards the blockchain state along with the network communication and transaction validation such as Zilliqa. This makes the ONE fully scalable blockchain.
Secure Sharding: Harmony’s sharding mechanisms are probably safe. This is due to the distributed randomness generation (DRG) process which is unpredictable, unbiaseable, verifiable and scalable. The platform also reshards the network in a non-interruptive approach to protect against slowly adaptive byzantine adversaries.
Efficient and Fast Consensus: Harmony is related to PoS and thus energy efficient. More so, the Consensus is hitted with a linearly scalable BFT approach that is 100 times quicker than PBFT.
Adaptive-Thresholded PoS: The stakes threshold is needed for a node to enter the network which is adjusted based on the volume of whole staking in a way that malicious stakers won’t concentrate their power in a single shard.
Scalable Networking Infrastructure: With RaptorQ fountain code, Harmony could propagate blocks fastly inside shards or over network by utilizing the Adaptive Information Dispersal Algorithm.
Consistent Cross-Shard Transactions: Harmony supports cross-shard transactions along with shards which communicate directly with one another. An atomic locking system is utilized to ensure the consistency of cross-shard transactions.
By creating both the protocol and network layers, Harmony offers the world with a secure and scalable blockchain environment that is required to support the growing decentralized economy. Moreover, Harmony will allow applications that were not feasible in the past on blockchain, which includes high-volume decentralized exchanges, interactive fair games, Visa-scale payment processes, and IoT transactions. All-in-all Harmony strives to scale trust for billions of people and create a radically fair environment.
Now that we are clear about ONE do you think ONE will be beneficial crypto in 2022? Join me and let us see the charts in this ONE price analysis and ONE price prediction.
Harmony (ONE) Current Market Status
As of the time of writing this ONE price analysis, ONE trades at $0.0214 with a 24-hour trading volume of $61,936.072. The price of ONE has increased by 9.40% in the last 24 hours.
Now, let’s go to the next part of this ONE technical analysis for 2022.
Harmony (ONE) Price Analysis 2022
Currently, ONE holds the 138th place on CoinGecko. But will the latest upgrades, development, and changes in the ONE blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this ONE price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for ONE/USDT, we can deduce that the price of ONE might experience a bullish run since it is experiencing an increase from the first part of the curve from the bottom. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
ONE/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of 1-day chart is 46.12. This shows that ONE is showing a neutral trend since it is between 30 and 50. This value might trigger a bullish run soon since it seems that more buyers are repositioning as the value is moving towards the 50 RSI value which is the strong trend region.
ONE/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlestick, the next bullish run might be short.
Harmony (ONE) Price Prediction
The chart below shows that ONE has performed great over the past few days. Moreover, the ONE price shows a bullish trend. If this trend continues, ONE might run along with the bulls, overtaking its $0.0393 resistance1 level and climbing higher to $0.3560 at the resistance9 level, the 2022 bullish signal.
ONE/USDT1Day Chart Showing the Key Levels (Source: Tradingview)
Conversely, if the investors turn against the crypto, the bears might take over and push ONE from its uptrend position. In simpler terms, the price of ONE might decrease to almost $0.0070, a bearish signal.
Meanwhile, our long-term ONE price prediction 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $0.3798 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.
Harmony (ONE) Price Prediction 2022
If this bullish trend continues, ONE will hit $0.3560 by the end of 2022. Moreover, in July 2022, ONE is going to reveal fast growth, up to $0.0393. Then the rise will slow down, but no major falls are expected. With upcoming partnerships and developments happening, reaching $0.5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Harmony (ONE) Price Prediction 2023
If ONE holds the support level around 200-MA which is the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $2, making it not plummet but play consistently.
Harmony (ONE) Price Prediction 2024
As per the latest upgrades, developments, ONE price prediction, and new project forecasts of the platform, ONE investor could expect many partnerships and integrations around 2024. Moreover, this might boost the price of ONE in the crypto market, and it will be the best investment as the price can spike and reach around $5.
Harmony (ONE) Price Prediction 2025
In the next three years, ONE price could race up to $8. In addition, reaching this level could not be so difficult for ONE as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that ONE has a high possibility of reaching a new ATH soon in the next three years as per the prediction.
Harmony (ONE) Price Prediction 2026
In the next four years, ONE price could race up to $10. In addition, reaching this level could not be so difficult for ONE as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that ONE has a high possibility of reaching a new ATH soon in the next four years as per the prediction.
Harmony (ONE) Price Prediction 2027
As per the latest upgrades, developments, ONE price prediction, and new project forecasts of the platform, ONE investor could expect many partnerships and integrations around 2027. Moreover, this might boost the price of ONE in the crypto market, and it will be the best investment as the price can spike and reach around $15.
Harmony (ONE) Price Prediction 2028
In the next six years, ONE price could race up to $20. In addition, reaching this level could not be so difficult for ONE as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that ONE has a high possibility of reaching a new ATH soon in the next six years as per the prediction.
Harmony (ONE) Price Prediction 2029
In the next seven years, ONE price could race up to $30. In addition, reaching this level could not be so difficult for ONE as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that ONE has a high possibility of reaching a new ATH soon in the next seven years as per the prediction.
Harmony (ONE) Price Prediction 2030
As per the latest upgrades, developments, ONE price prediction, and new project forecasts of the platform, ONE investor could expect many partnerships and integrations around 2030. Moreover, this might boost the price of ONE in the crypto market, and it will be the best investment as the price can spike and reach around $50.
Conclusion
Harmony has a bright future ahead of it from 2022 to 2030. With the ongoing developments happening within the ONE ecosystem, as well as in the overall crypto market, we may see ONE reach new heights.
Bullish ONE price prediction 2022 is $0.0393. ONE may even reach $0.5 if investors have decided that ONE is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
How to Buy Harmony ONE Tokens?
Users can obtain ONE tokens by purchasing them from cryptocurrency exchanges such as Binance, Huobi Global, HitBTC, Bitcoin.com Exchange, and Gate.io.
Is Harmony One a good investment?
ONE is a good investment in 2022. However, ONE has a high possibility of surpassing its current ATH at about $0.3798 this year.
Can Harmony reach $0.5 soon?
Yes, it’s very much possible that ONE might reach $0.5 in the near future as per the current bullish trend.
What will be the Harmony price by 2022?
Harmony (ONE) price is expected to reach $0.0393 by 2022.
What will be the Harmony price by 2023?
Harmony (ONE) price is expected to reach $2 by 2023.
What will be the Harmony price by 2024?
Harmony (ONE) price is expected to reach $5 by 2024.
What will be the Harmony price by 2025?
Harmony (ONE) price is expected to reach $8 by 2025.
What will be the Harmony price by 2026?
Harmony (ONE) price is expected to reach $10 by 2026.
What will be the Harmony price by 2027?
Harmony (ONE) price is expected to reach $15 by 2027.
What will be the Harmony price by 2028?
Harmony (ONE) price is expected to reach $20 by 2028.
What will be the Harmony price by 2029?
Harmony (ONE) price is expected to reach $30 by 2029.
What will be the Harmony price by 2030?
Harmony (ONE) price is expected to reach $50 by 2030.
Disclaimer:The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
Ethereum managed to surpass its all-time high address activity by a huge margin.
ETH is currently occupying the top spot on CoinMarketCap’s trending list.
If the ETH price breaks above $1,735, it could push the price higher.
The blockchain analysis form, Santiment, posted on Twitter on July 27 that Ethereum (ETH) shattered records on Tuesday. Ethereum managed to surpass its all-time high active address activity by a huge margin.
Ethereum Daily Active Addresses (Source: Santiment)
It is estimated that around 1.06 million ETH addresses made transactions on Tuesday alone. This is a 48% increase from the previous record, but the team is still not certain what led to this spike in activity.
This is probably the reason why ETH is currently occupying the top spot on CoinMarketCap’s trending list, joining cryptos like Grove (GVR) and Green Satoshi Token (GST).
Ethereum / TetherUS 1D (Source: CoinMarketCap)
According to CoinMarketCap, ETH is trading at $1,635 after a 13.25% increase over the last 24 hours. This price translates to about 0.07098BTC. ETH was also able to reach a high of $1,666.88 over the same period.
Things are looking very green for ETH as the altcoin is up 10.17% over the last week and 38.56% over the last 30 days.
When looking at Market cap, ETH is currently standing at $200,246,225,953.
ETH’s 24-hour trading volume is also up about 47.30% to now stand at $24,877,953,626.
Ethereum / U.S. Dollar 1h (Source: TradingView)
With ETH breaking the $1,600 hurdle, an immediate resistance formed near the $1,675 level and the main resistance lies at the $1,735 zone. If the ETH price breaks above $1,735, it could push the price higher, even to the $1,800 resistance zone.
On the other hand, if the price of ETH is unable to rise above $1,675, it could lead to a downside correction.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CQ. No information in this article should be interpreted as investment advice. CQ encourages all users to do their own research before investing in cryptocurrencies.
UK’s Law Commission has proposed to legally define digital assets as personal property.
Digital assets like cryptocurrencies and NFTs will be categorized under ‘data objects’.
The proposal, in part, can help the government’s goal of turning the country into a global crypto hub.
While numerous jurisdictions have been uncertain about how to regulate cryptocurrencies, the UK government has tasked its independent statutory body for laws to explore how property rules can apply to digital assets in England and Wales.
In a proposal on Thursday by the UK Law Commission, the government proposed to legally define digital assets such as cryptocurrencies and non-fungible tokens (NFTs) as personal property.
According to the statement, such personal property will be categorized under ‘data objects’, to “accommodate the unique features of digital assets.” The independent body will also look into the options for how data objects could be optimized.
Lastly, the commission will also seek to clarify the law around ownership, control, transfers, and transactions around digital assets.
The commission posits that law reform is required while new technologies, such as digital assets, continue to emerge. Moreover, they suggest that the law would protect users and optimize the use of digital assets.
Sarah Green, the law commissioner for Commercial and Common Law, said, “it’s vital that our laws are adaptable enough to be able to accommodate digital assets.
Our proposals aim to create a strong legal framework that offers greater consistency and protection for users and promotes an environment that is able to encourage further technological innovation.
However, classifying digital assets as data objects implies the possibility of setting fines in cryptocurrencies.
“We provisionally conclude that there is an arguable case for law reform to provide courts with the discretion to award a remedy denominated in certain crypto-tokens in appropriate cases,” the commission wrote.
Notably, the commission said in a statement that the proposal, in part, can help the government’s push to turn the western power into a global crypto hub.
Green added, It’s important that we focus on developing the right legal foundations to support these emerging technologies, rather than rushing to impose structures that could stifle their development. By clarifying the law, England and Wales could reap the potential rewards and position itself as a global hub for digital assets.
The Nigerian currency, the naira hits a record low of 695 nairas per dollar on the black market.
The Central Bank Chief is being held responsible for the cause, says the Nigerian senate.
Senate plans to question Godwin Emefiele, Governor of the Central Bank.
On Wednesday, it was reported that the naira, the Nigerian currency was free falling, hitting a record low of 695 nairas per dollar on the black market.
According to sources, Nigeria’s senate passed a motion on Wednesday to call for Central Bank Governor Godwin Emefiele over the crash of the naira and urged them to take immediate action.
The senate plans to question Emefiele on the impact of cheap loans granted by the central bank to particular sectors of the economy to boost local production in an offer to cut imports.
However, there was no confirmed date for the meeting held by the senate committee on banking. The central bank is yet to respond to the request.
Moreover, based on research, the reason why the naira crashed was due to the lack of dollars in the parallel market.
Recalling July of last year, since the pandemic, Nigeria’s currency worsened after foreign inventors left as oil prices yielded. The oil prices are back to normal, but the investors are gone forever.
According to sources, one lawmaker criticized the central bank’s decision to cease dollar sales to currency exchange businesses and said that the move is one of the reasons for the dollar scarcity.
The Central Bank of Nigeria (CBN) stopped forex sales to retail currency traders to calm pressure on reserves and sustain the official market.
This action caused direct demand for the unofficial market. The senate president said in a statement:
The policy had contributed to the excessive scarcity of forex in Nigeria.
All of the top 20 cryptos by market cap have seen their price increase over the past 24 hours.
MATIC, ATOM, and AVAX have all experienced price increases within the last day.
Bearish flags are present on the charts of MATIC, AVAX, and ATOM.
It’s a positive day for the crypto markets as the top 20 cryptos by market cap have experienced positive price movements over the past 24 hours, according to CoinMarketCap. In particular, Polygon (MATIC), Avalanche (AVAX), and Cosmos (ATOM) have seen their prices increase within the last day.
At the time of writing, the price of MATIC is up 10.20% over the past day. MATIC’s positive daily price movement has flipped its weekly performance into the positive as its price is now up by 6.12% in the last seven days as well. Currently, MATIC is trading at $0.886. MATIC also experienced an 83.43% rise in its daily trading volume to take the figure up to $1,494,052,073.
Daily chart for MATIC (Source: CoinMarketCap)
The daily chart for MATIC/USDT is signaling a couple of bearish flags. The first bearish flag is the Relative Strength Index (RSI) line positioned below the RSI SMA line. Furthermore, the RSI line is also sloped towards oversold territory after a failed attempt at breaking above the RSI SMA line.
Another bearish flag is the MACD line touching the MACD signal line — cutting away at its margin above the MACD signal line in the process.
The last thing that investors need to take note of is MATIC’s price relative to the 9 Simple Moving Average (SMA) line. MATIC’s price is slightly above the 9 SMA line, but not as much as it was when it reached its peak in the ascending price channel.
Avalanche (AVAX) has climbed 9.58% during the last 24 hours. However, its weekly performance is still in the red as its price is down 1.14% over the past seven days. AVAX is trading at $23.01 at the time of writing. AVAX’s daily trading volume has also increased by 109.52%, taking the total to $846,086,138.
Daily chart for AVAX/USDT (Source: CoinMarketCap)
The price of AVAX has risen above the daily 9 and 20 EMA lines after crossing below the two lines over the past five days. However, technical indicators suggest that AVAX will not be able to maintain its position above the two EMAs for long.
The first indicator that suggests that AVAX’s price may fall is the MACD line touching, and almost crossing below, the MACD signal line. Furthermore, the slope of the MACD histogram is negative – declining over the last few days.
The 9 EMA line is still positioned above the 20 EMA line which indicates that AVAX is in a bullish cycle, but the margin between the 9 and 20 EMA lines has been on the decline since AVAX’s price reached its peak in the short-term bullish period.
Should MATIC close in the green for today, then the bearish thesis will be invalidated.
ATOM’s price is standing at $10.25 after its 24-hour increase of 9%. This has also turned its weekly performance positive, with the price of ATOM up 2.98% for the week. ATOM’s daily trading volume did however fall by 2.75% compared to the day prior. The daily trading volume for ATOM is currently $467,503,012.
Daily chart for ATOM/USDT (Source: CoinMarketCap)
ATOM’s price activity has been relatively flat on the daily chart with no significant moves for the past few weeks. The MACD line is still positioned above the MACD signal line, but by a very slim margin.
In addition to the weak trading activity and the slim margin that exists between the MACD line and the MACD signal line, the RSI line failed to break above the RSI SMA line and has now sloped negatively towards oversold territory — below the RSI SMA line. This is a bearish flag that investors and traders need to keep an eye on.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CQ. No information in this article should be interpreted as investment advice. CQ encourages all users to do their own research before investing in cryptocurrencies.
Lido DAO’s price has surged over the past 24 hours.
CoinMarketCap shows that LDO’s price is up 44.49% at the time of writing.
LDO’s price rammed through resistance to flip it into support.
Lido DAO (LDO) experienced a surge in price over the past 24 hours as the rest of the crypto market jumped during this period.
According to the crypto market tracking website, CoinMarketCap, the price of LDO has surged 44.49% within the last 24 hours to take its price up to $2.12. Furthermore, LDO’s price has posted a high of $2.14 and a low of $1.48 over the last day.
Regarding the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), LDO’s price has strengthened against both by 31.78% and 26.84%, respectively, as one LDO is worth approximately 0.00009175 BTC and around 0.001294 ETH at the time of writing.
LDO’s 24-hour trading volume has also surged by 343.92%, taking the total daily volume to $207,236,058 at the time of writing.
4-hour chart for LDO/USDT (Source: CoinMarketCap)
LDO’s price made a confident break above the resistance level at $1.916 on the 4-hour chart to rise to its current level. The move started after the 50 EMA failed to cross above the 20 EMA, as the price of LDO rose above the two lines to give off an early indication of the move.
The break above the two EMAs was followed by a parabolic move upwards with multiple green 4-hour candles.
The MACD line has echoed the steep incline seen in LDO’s price as the MACD histogram has picked up significantly over the past day. Furthermore, the MACD line is positioned above the MACD signal line.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai’s crown prince, revealed the formation of a higher committee to invest in the metaverse.
The Higher Committee for Future Technology and Digital Economy will be chaired by the crown prince.
Dubai aims to be one of the world’s top 10 metaverse economies.
Dubai continues to bolster its metaverse push after the Emirate’s crown prince revealed the formation of a higher committee to invest in virtual space and boost the digital economy.
In a tweet today, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Dubai crown prince and chairman of the Dubai Executive Council, unveiled that the government has formed the Higher Committee for Future Technology and Digital Economy. Notably, the committee will be chaired by Sheikh Hamdan himself.
Dubai’s digital transformation was initiated in 1999 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. Today, we continue to strive to achieve his vision, the prince tweeted.
Dubai’s crown prince added that Sheikh Mohammed bin Rashid’s “vision consolidated the status of Dubai as a leading global hub for innovative new concepts and disruptive economic and technological models by deploying advanced technology in vital sectors to improve people’s standard of living.”
Sheikh Hamdan also said that Dubai is a “global testbed for technology and future business models” aimed at creating new economic opportunities.
We are working as a team to enhance Dubai’s position as a global birthplace and research laboratory for future technologies and one of the world’s top 10 metaverse economies.
Earlier this month, Sheikh unveiled the Dubai Metaverse Strategy, which aims to attract more than 1,000 blockchain and metaverse companies to the city and support 40,000 virtual jobs by 2030.
The UAE is just one of the latest jurisdictions to make a metaverse push. Before the Dubai Metaverse Strategy was revealed, the Shanghai city government released a policy paper detailing its plan to nurture a metaverse industry worth $52 billion by 2025.
PitchBook reported that VCs invested over $17 billion in the crypto industry in the year’s first half.
Venture Capital funds provide finance to start-up businesses they consider promising development potential.
Not many investors are that optimistic in the face of cryptocurrency devastation.
Venture capitalists (VCs) are investing in blockchain and digital currency firms at a rate expected to surpass last year’s record, even though the crypto industry is shivering in the cold winter.
In its recent publications on the blockchain industry, PitchBook reported that VCs invested over $17 billion in these companies in the year’s first half. As a result, investment is on track to surpass the record $26.9 billion raised last year, which will make things better and happier for bitcoin and the company.
Venture Capital funds provide finance to start-up businesses they consider promising development potential. Despite a trying six months for the sector, the data indicates a strong belief in the future of cryptocurrency and blockchain technology.
The founder of Hong Kong investment firm Lemniscap, Roderik van der Graf, said, “The current market conditions – I don’t think they faze investors. The capital available is massive.”
Although many VCs have deployed sizable war chests because of their continued confidence in the core technology of cryptocurrencies, some are choosing to ignore the doom. Not many investors are that optimistic in the face of cryptocurrency devastation.
The CEO of California-based crypto management company Wave Financial, David Siemer, claimed that there were indications of a correction from the excessive values of crypto enterprises in 2017. “This will get a lot worse – we’re a couple of months into this cycle. In the last cycle, the pain for those looking for funding was about 12 months.”
Businesses have trembled as the total market value of cryptocurrencies has fallen by almost two-thirds to $1 trillion. Major US exchange, Coinbase Global, and NFT platform, OpenSea, are just two of many that have had to lay off hundreds of employees.
The partnership will help improve cross-border treasury flows.
FOMO Pay is a Singapore-based payment platform.
Ripple has announced a partnership with FOMO Pay to help improve cross-border treasury flows. By utilizing XRP, On-Demand Liquidity (ODL) enables rapid and inexpensive settlement without the requirement of holding pre-funded money in a destination market.
ODL has historically been used mostly for cross-border payments to aid payment services providers (PSPs) and companies (SMEs) in managing stranded cash that may be better used to aid in company expansion and scaling.
However, because correspondent banking depends on outdated infrastructure, conventional treasury payments have the same difficulties and friction as cross-border payments.
In fact, it is projected that $3.5 billion is spent yearly to deal with treasury and liquidity-related problems.
By utilizing ODL for treasury payments, FOMO Pay can obtain 24/7, 365-day access to EUR and USD liquidity, enabling same-day settlement around the globe.
PSPs like FOMO Pay may easily enhance internal cash flows by using ODL for treasury payments, which enables them to save costs and enhance operations.
Before adopting ODL, FOMO Pay’s treasury management had to use alternative EUR and USD payment methods, which required 1-2 days for funds to arrive at target accounts.
Louis Liu, founder and CEO of FOMO Pay, said:
We are excited to partner with Ripple to leverage On-Demand Liquidity for treasury management, which allows us to achieve affordable and instant settlement in EUR and USD globally.
Ripple has stayed relevant and is a preferred option despite its declining price. The ODL service it provides is thought to be the cause of it.
Major institutions from all around the world, but especially from Asia, have indicated an interest in utilizing Ripple’s ODL service. According to the Q1 2022 XRP Market Report, the ODL company has generated significant volumes.
The FBI is issuing this public service announcement to warn American citizens about a cryptocurrency scam using an investment strategy called liquidity mining in which scammers exploit owners of cryptocurrency, typically tether (USDT) and/or ethereum (ETH).
The FBI gave a narrative about the new scam, stating that liquidity mining is a new investment strategy that lets users earn passive income with crypto. Scammers cash in on this opportunity by asking users to connect their wallets to scammy liquidity mining apps.
Once the wallet is connected to the app, the users are drained of their funds without any permission needed.
The warning from the FBI states the approach the scammers take includes sending DMs on social media like Instagram, Twitter, and Facebook and also dating apps.
According to the FBI, victims of a liquidity mining fraud transfer Bitcoin from their wallets to the liquidity mining network. They frequently observe the alleged results on a fabricated dashboard after investing.
Victims invest in more cryptocurrencies because they think their initial investments were successful. Scammers eventually transfer all cryptocurrencies held in storage and investments made to a wallet under their control.
The FBI’s note highlights the intensity of these scams. A record of $70 million in combined losses is calculated based on the complaints received. The number of unreported losses could be even higher.
The soaring adoption and the lack of basic education by new crypto enthusiasts who enter the crypto realm are luring more scammers to cash in on this opportunity.
Web3 giants Polygon and Orbs join hands with DeFi.Org to unleash new opportunities in the DeFi ecosystem.
Four winning DeFi projects will bring unique features and use-cases to evolving DeFi landscape using Polygon and Orbs infrastructure.
The winning projects are — Ithil, Prophet, CURL, and reBaked.
Mutual collaboration between three Web3 giants has led to a unique accelerator program to find and promote new outstanding projects. Polygon, best known for its decentralized Ethereum scaling platform, has teamed up with the originator of the Layer-3 architecture, Orbs, and DeFi.org, the accelerator that helps founders and teams launch next-generation DeFi solutions.
The proposition for this brand new accelerator program is to nurture and support both technically and from a business perspective four different projects from a wide selection of participants.
The chosen participants base their projects on the Polygon chain, using Orbs architecture. This combination of Layer 2 and Layer 3 together creates projects that are capable of highly sophisticated activity and taking the term ‘smart contract’ to a whole new level and advancing the Web3 playing field one step further.
How Does the Accelerator Work?
The program received a total of 100 entrants, with a wide selection of solution types, and projects with varying levels of development. The selection process required participants to partake in various rounds of reviews, meetings, and due diligence processes, with the best of the products, eventually winning places in the accelerator program,
The winners of the first round included four very different projects — Ithil, Prophet, CURL, and reBaked, who will now be able to avail themselves of a variety of different benefits including the ability to take advantage of funding rounds, mentorship, and exposure to the communities at Polygon. Orbs and DeFi.org.
Each of these winners aims to expand their capabilities of DeFi. To elaborate, Ithil gives its users access to a tailored range of investment strategies across a plethora of protocols with either their holdings or loaned holdings using a one-click interface.
Furthermore, using their own or borrowed funds. Prophet, provides a marketplace for automated DeFi investment strategies, with a low minimum deposit required, or they can build their strategies and have others follow their strategies in return for a commission.
On the other hand, CURL merges the values of platforms like Curve and OlympusDAO on its synthetic liquidity protocol by way of a dual-token model. Users can take advantage of Layer-2 synthetic assets, through their Layer-1 asset holdings, thus overriding liquidity issues inherent in Layer-1 protocols.
Lastly, reBaked is the final project, which offers its users the values of governance, management, and operational tools for their DAOs and proprietary Web3 ecosystems. This serves to enhance value creation and treasury management for users.
Following the success of these product incubations, teams are encouraged to watch out for the next round of the accelerator program.
AVAX is trading at $20.66 and is facing its resistance at $22.51.
The price of AVAX has found support at the $15 level and is starting to rebound from this level.
The 4-hour chart for AVAX indicated that the AVAX/USD pair formed a bullish flag pattern.
On July 25th, the Avalanche (AVAX) price analysis indicated that the AVAX/USD pair is showing a strong bullish market sentiment. The price was facing resistance at $24.22, while the support floor was at $22.89.
Today, things are looking a bit different for the crypto. According to CoinMarketCap, AVAX is trading at $20.66 and is facing its resistance at $22.51. If the price breaks through this level, it is likely to surge higher.
On the other hand, on the four-hour chart, the RSI indicator is close to overbought, which means that the price might correct lower soon.
AVAX / US Dollar 1D (Source: TradingView)
Looking at the 1-day chart for AVAX, it shows that the crypto has been on a downward trend for a few days. The price of AVAX has found support at the $15 level and is starting to rebound from this level. However, the bears might still have some control in the market. If the price falls below this level — coils — further downside is possible.
The immediate resistance for AVAX lies at the $24.12 level, which is close to the 21-day moving average. If the price breaks through this level, it could reach as high as $27.51.
AVAX / US Dollar 4h (Source: TradingView)
The 4-hour chart for AVAX indicated that the AVAX/USD pair has formed a bullish flag pattern. This suggests that the bulls are currently in control of the market and that prices are likely to surge soon.
The bull’s next target will probably be $30, which is AVAX’s all-time high.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
Other altcoins like Ethereum (ETH) and Cardano (ADA) are also feeling the heat as they both fell by almost 5% over the last day, according to CoinMarketCap. In addition to this, the rest of the top 20 cryptocurrencies are in the red today.
Developments for SHIB have been looking good as the meme coin was listed on the decentralized swap platform Reflex Swap. SHIB was also launched on the Bittrex exchange earlier in the month, which made it possible to trade SHIB against the U.S. dollar.
SHIB last raised its head in the Philippines as it was listed on Coins.ph, a Philippines-based crypto exchange which is owned by the former Binance Chief Financial Officer, Wei Zhou.
Unfortunately, these new listings had little to no effect on the price of the meme coin as SHIB is still down 86.94% from its all-time high. SHIB is also one of the cryptos that have been caught in the bearish downtrend.
The ongoing burning of SHIB tokens has also reached a hurdle as there is some controversy surrounding the community-endorsed burn portal.
On the bright side, SHIB’s new developments are leading to wider adoption of the meme coin around the world as SHIB is still one of the top 20 biggest cryptos.
There is also still hope for a bullish push for SHIB as its metaverse project is still in the works.
SHIB / TetherUS 1D (Source: CoinMarketCap)
SHIB is currently trading at $0.00001048 after a 7.69% drop in price over the last 24 hours.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CQ. No information in this article should be interpreted as investment advice. CQ encourages all users to do their own research before investing in cryptocurrencies.
Bullish XLM price prediction ranges from $0.201 to $0.422.
XLM price might also reach $0.7 soon.
XLM bearish market price prediction for 2022 is $0.113.
This Stellar lumen (XLM) Price Prediction article is based on technical analysis alone. Below, you will see the key confluences that we have taken into consideration upon coming up with our XLM price analysis and prediction.
In the midst of the current crypto winter and consolidation, many are asking if the altcoin market corrections are here. If not so, many altcoins could enjoy long rallies in 2022. Among them is XLM, a cryptocurrency that has tremendous potential. In fact, many are asking if XLM is a good investment in 2022. We will find out the answer shortly.
But before we proceed to our Stellar (XLM) price analysis, let us first find out what is Stellar (XLM).
Ripple Co-Founder Jed McCaleb founded Stellar.org, the main entity behind the Stellar blockchain. In a way, Stellar is similar to Ripple in that they both focus on finance. However, Stellar aims to minimize transactions to encourage people to use it instead of more traditional means.
Lumens (XLM) is the native token of Stellar. It has a maximum supply of 50,001,806,2812 XLM according to CoinMarketCap. It is also the chief utility asset in the Stellar blockchain. However, Stellar also allows people to create tokens on its blockchain alongside XLM.
Now that we have answered the question “What is Stellar (XLM)?”, let us proceed to our Stellar (XLM) price analysis.
Stellar Lumens (XLM) Current Market Status
As of the time of writing this Stellar price analysis, XLM trades at $0.1406 with a 24-hour trading volume of $139,673,936. The price of XLM has increased by 2.11% in the last 24 hours.
Furthermore, XLM has a current circulating supply of 24.96B XLM. Currently, the top cryptocurrency exchanges for XLM are Binance, ZBG, OKEx, CoinTiger, and Huobi Global.
Now, let’s proceed to the next part of this XLM technical analysis for 2022.
Stellar Lumens (XLM) Price Analysis 2022
Currently, Stellar holds 25th place on CoinMarketCap. But will the latest upgrades, development, and changes in the XLM blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this XLM price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for XLM, it could be seen that the next price surge is close since the recent candlesticks are within the middle of the curve. This shows that the present increase in the price of Lumen (XLM) is not coming to an end and a bullish run should be expected soon.
XLM/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
The Relative Strength Index (RSI) which measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of Stellar Lumen (XLM) chart of XLMUSDT is 47.88. This shows that it is its trend is neutral since it lies between 30 and 50. This value could trigger a possible bullish run if the buyers have their way due to the recent gains.
Stellar Lumens (XLM) Price Prediction 2022
The chart below shows that Stellar has been on an uptrend in the past few days. If this trend continues, XLM might run along with the bulls, thereby moving to overtake its $0.167 resistance1 level and move higher to $0.422 at the resistance6 level, the 2022 bullish signal.
XLM/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)
Conversely, if the investors turn against the crypto, the bears might take over and dethrone Stellar Lumen (XLM) from its uptrend position. In simpler terms, the price of XLM might surge to almost $0.113 at the support level, and might even plummet further.
Meanwhile, our long-term XLM price prediction for 2022 is bullish. It has a low possibility of trading at a new all-time high above the present one at $0.9381. However, that will only happen if it breaks many previous psychological resistances.
If this bearish trend reverses, Stellar will reach $0.422 by the end of 2022. Moreover, the first half of 2022 is going to show slow growth, up to $0.201. Then this rise will rise, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.7 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Stellar Lumens (XLM) Price Prediction 2023
If XLM has a relative strength index (RSI) that is above 50 in 2022, which means that a strong uptrend since more buyers are entering the market, is about to be formed, then the possibility of it reaching $0.8 by the end of 2023 has been narrowed.
Stellar Lumens (XLM) Price Prediction 2024
As per the latest upgrades, developments, XLM price prediction, and new project forecasts of the platform, XLM investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of XLM in the crypto market, and it will be the best investment as the price can spike and reach around $1.
Stellar Lumens (XLM) Price Prediction 2025
In the next four years, XLM’s price could race up to $1.2. However, reaching this level could not be so difficult for XLM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XLM has a high possibility of reaching new ATH soon in the next four years as per the prediction.
Stellar Lumens (XLM) Price Prediction 2026
By 2026, the price of XLM would reach $2 since many individuals will have better knowledge of cryptocurrencies, therefore, increasing the investment in the industry.
Stellar Lumens (XLM) Price Prediction 2027
As per the latest upgrades, developments, XLM price prediction, and new project forecasts of the platform, XLM investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of XLM in the crypto market, and it will be the best investment as the price can spike and reach around $5.
Stellar Lumens (XLM) Price Prediction 2028
In the next seven years, XLM’s price could race up to $10. However, reaching this level could not be so difficult for XLM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XLM has a high possibility of reaching new ATH soon in the next seven years as per the prediction.
Stellar Lumens (XLM) Price Prediction 2029
As per the latest upgrades, developments, XLM price prediction, and new project forecasts of the platform, XLM investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of XLM in the crypto market, and it will be the best investment as the price can spike and reach around $20.
Stellar Lumens (XLM) Price Prediction 2030
In the next nine years, XLM’s price could race up to $50. However, reaching this level could not be so difficult for XLM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XLM has a high possibility of reaching new ATH soon in the next nine years as per the prediction.
Conclusion
Stellar has a bright future ahead of it in 2022. With the ongoing developments happening within the XLM ecosystem, as well as in the overall crypto market, we may see XLM reach new heights.
Bullish XLM price prediction ranges from $0.201 to $0.422 in 2022. As said above, it may even reach $0.7 if investors have decided that XLM is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
What is XLM?
Stellar is a blockchain ecosystem that focuses on finance. Essentially, it is similar to Ethereum, TRON, and EOS in that it allows others to use its blockchain.
How to Buy XLM Tokens?
Users can obtain XLM tokens by purchasing them from cryptocurrency exchanges such as Binance, or CoinTiger.
Will XLM Surpass its Current ATH?
XLM is a good investment in 2022. However, XLM has a high possibility of surpassing its current ATH at about $0.93 this year.
Can XLM reach $0.7 soon?
Yes, it’s very much possible that XLM might reach $0.7 in the near future as per the current bullish trend.
What will be the Stellar (XLM) price by 2022?
Stellar (XLM) price is expected to reach $0.422 by 2022.
What will be the Stellar (XLM) price by 2023?
Stellar (XLM) price is expected to reach $0.8 by 2023.
What will be the Stellar (XLM) price by 2024?
Stellar (XLM) price is expected to reach $1 by 2024.
What will be the Stellar (XLM) price by 2025?
Stellar (XLM) price is expected to reach $1.2 by 2025.
What will be the Stellar (XLM) price by 2026?
Stellar (XLM) price is expected to reach $2 by 2026.
What will be the Stellar (XLM) price by 2027?
Stellar (XLM) price is expected to reach $5 by 2027.
What will be the Stellar (XLM) price by 2028?
Stellar (XLM) price is expected to reach $10 by 2028.
What will be the Stellar (XLM) price by 2029?
Stellar (XLM) price is expected to reach $20 by 2029.
What will be the Stellar (XLM) price by 2030?
Stellar (XLM) price is expected to reach $50 by 2030.
Disclaimer:The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
