Ankr Price Prediction for 2024-2025, 2030

Ankr is a project that aims at creating a decentralized cloud computing platform as an alternative to current monopolies like Azure and Google. One of the remarkable features of the said platform is that computer users can provide idle computing power, for which they get rewards in the form of cryptocurrency. The Ankr network uses its native utility token, ANKR, for rewards and other payments.

However, several blockchain projects pursuing similar ideas make this space quite competitive. So, what are the projections for the Ankr project? Will its native token increase its value over the years? Let us discuss it in our current ANKR price prediction.

ANKR Overview: What Is It and How Does It Work?

The Ankr Network aims at providing a new blockchain solution to businesses. The main idea behind this network is to leverage the idle computing power from edge devices and data centers. The distributed computing platform of this project allows consumers to access cloud resources at more affordable prices. Simultaneously, enterprises can monetize idle computing power.

Also, the Ankr platform services facilitate cross-chain development access. The Ankr project was one of the first contributors to web 3.0. This platform combines staking and decentralized finance (DeFi) to simplify development and earning. Its native utility token, ANKR, is used for transactions and payments for the services on the platform. ANKR has capabilities as an ERC-20, BEP-2, and BEP-20 token.

Fundamental Analysis

Chandler Song and Ryan Fang founded the Ankr platform in 2017. Initially, the Ankr platform was a distributed computing network. Chandler Song was an engineer with Amazon Web Services, whereas Ryan Fang was an investment banker at Morgan Stanley. Song introduced blockchain technology and Bitcoin to Fang in 2014. The bullish run of the crypto market in 2017 motivated the foundation of the Ankr platform.

ANKR has a maximum supply of ten billion tokens. At the time of writing, CoinMarketCap ranks this token as the #108 most valuable cryptocurrency per market capitalization.

Historic Market Sentiments

Ankr held an initial coin offering (ICO) for its ANKR token on September 16-22, 2018. Although this ICO occurred during the so-called crypto-winter, the project raised $18.7 million. Most of the raised money came from the private sale, whereas just $2.75 was raised in the public sale. In the private sale, each ANKR token had a price of $0.0033. The price per token was $0.0066 during the public sale. Of the total 10 billion tokens, only 3.5 billion were offered for sale.

The ANKR token hit the open market on March 6, 2019, at $0.012 as per CoinMarketCap. This token’s price remained at that level throughout that month, reaching $0.01456 on March 26. The ANKR price spiked up briefly on April 1, reaching $0.016989. It fell quickly from that level, eventually reaching its all-time low on March 13, 2020, at $0.0007111. The remainder of 2020 was practically uneventful for this digital token.

2021 was an excellent year for the ANKR token. Since the first days of January, an uptrend ensued, ending with its current all-time high price of $0.2252 on March 28. This digital asset remained at that price level for nearly two months. However, the ANKR price eventually dropped. By June 21, this token traded at $0.0548. The ANKR price increased again, reaching $0.1239 on September 5. By November 25, it reached $0.1746. After such a high, the ANKR price dropped gradually, ending the year at $0.1033.

The downtrend continued in 2022, taking the ANKR price to $0.06245 on January 21. This token’s price increased the following month slightly, reaching $0.08967 on February 6. At the time of writing, each ANKR token trades at $0.027.

ANKR Price Predictions by Experts

As seen, 2021 was the best year for ANKR during its existence. Although this token’s price dropped significantly compared to the all-time high, it can rebound. Will it happen? If so, when can we expect the ANKR token to regain value? Let us look at some of the most prominent ANKR price predictions for the next few years.

ANKR Price Prediction 2024

Wallet Investor predicts an ANKR price of $0.293 by the end of 2024. Trading Beasts forecasts a price of $0.286 by the end of the year. Surprisingly, both predictions are quite similar. Experts with Government Capital are even more optimistic, forecasting a maximum ANKR price of $0.325 in 2024. CryptoNewsZ offers a more conservative forecast, with a trading price of $0.190 by the end of the year.

For the following year, Government Capital expects the ANKR price to soar to a maximum of $0.441. For its part, Trading Bests forecasts a price of $0.328 by the end of 2023. Experts with CryptoNewsZ believe this token’s price will fluctuate between $0.221 and $0.246 throughout 2024.

ANKR Price Prediction 2025

Experts with Wallet Investor believe the ANKR price will increase approximately 440% over the following years, which would put this token’s price at $0.814 in 2025. Government Capital offers a more conservative prediction for 2025 with an ANKR price of $0.545. Experts with Digital Coin Price believe the ANRK price will cross the $0.49 mark this year. For its part, CryptoNewsZ predicts the ANKR price will reach an average of $0.50 in 2025, climbing to $0.645 in 2026.

ANKR Price Prediction 2030

Long-term price predictions for cryptocurrencies are hard to produce. Therefore, one cannot find many ANKR price predictions for 2030 from reliable sources. But Price Prediction offers an ANKR price prediction 2030 that forecasts the average price will cross the $1.85 line, possibly reaching a maximum value of $2.02. The ANKR token would reach the said maximum price in December 2030.

FAQ

Why Is the Price of ANKR Rising?

The Ankr project is technically sound with a well-thought roadmap. As such, it is a competitive project in its niche. Most experts recognize that ANKR has minimal risk of collapsing, which contributes to the appreciation of this asset.

Where Can I Buy ANKR?

Several crypto exchanges list this token for trading. If you want to purchase ANKR tokens using cryptocurrency, LetsExchange.io is the best option. Our platform allows you to swap more than 2000 digital coins and tokens for ANKR. It is easy, cheap, and safe. Moreover, you do not need to register and complete KYC procedures.

Does Ankr Have the Next Phase of Development in the Future?

Ankr has a clear roadmap with well-defined milestones. The project has been advancing as outlined, and there is little doubt it will continue developing according to its roadmap.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.

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