Origin Protocol is an open-source protocol for developing Web3 solutions. This project aims to popularize non-fungible tokens (NFTs) and decentralized finance (DeFi). This way, consumers and businesses will be part of the global sharing economy on the decentralized open Internet.
Origin Protocol Overview
What Is OGN?
Origin Protocol has the necessary tools for building peer-to-peer (P2P) marketplaces and e-commerce systems. This project has developed two flagship products: Origin Story and Origin Dollar. The OGN token governs the former, whereas the OGV token governs the latter.
Origin Story is a white-label marketplace focusing on NFTs in various industries, including profile pictures, music, art, entertainment, and real estate. The OGN token serves as a utility token on the network. OGN holders can vote on proposals concerning changes in the underlying protocol. It also incentivizes end-users, developers, marketplace operators, etc. Moreover, buyers and sellers can transact on the marketplace using OGN for payments.
This article provides an OGN price prediction to help potential investors make better decisions.
Origin Protocol Past Price Analysis
Origin Protocol held an initial coin offering (ICO) in 2018, which concluded in September of that year. During this ICO, OGN tokens were sold at around $0.11 each. This crypto asset hit the open market on January 9, 2020, at $0.22. However, on January 20, the OGN price halved, falling to $0.11 again. Despite this discouraging beginning, the OGN price climbed to $0.45 on March 10. On August 12, the OGN price almost hit $0.55, a nearly 400% increase from the ICO price. By the end of that year, OGN traded at around $0.11.
In 2021, the OGN price soared since the first days of January, reaching its all-time high on April 8 at nearly $3.4. But this price hike lasted only a short time. On April 24, OGN traded below $1.5. One month later, on May 23, the OGN price was around $0.57. After that, the OGN price had minor fluctuations, ultimately closing the year at $0.63.
2022 was not a good year for most cryptocurrencies, and OGN was not the exception. This token’s price sharply dropped in Q1 2022. On March 12, OGN traded at around $0.26. One week later, a sudden price spike sent OGN to $0.7 on March 19. The price fluctuated around that value until April’s end. Then, the OGN price plummeted, reaching $0.19 on May 12. By the end of 2022, this token traded at approximately $0.09.
In 2023, OGN has yet to show signs of recovery. On February 20, this token’s price reached $0.15. However, the OGN price was $0.09 as of May 12, 2023. According to CoinMarketCap, OGN was the 396th most valuable cryptocurrency by market capitalization. Will this token increase its price in the coming years? Let us discuss it in the OGN coin price prediction below.
Origin Protocol (OGN) Price Prediction
Origin Protocol Price Prediction 2025
According to TechNewsLeader, the OGN price in 2025 will fluctuate between $0.23 and $0.27. PricePrediction foresees a similar scenario, with an average OGN price of $0.25 and a maximum of $0.28. DigitalCoinPrice expects a better performance, with an average price of $0.31 and a maximum of $0.33. Therefore, your OGN investment at the current trading price of $0.09 could increase its value by a maximum of +266% in 2025.
OGN Coin Price Prediction 2030
In 2030, the average OGN price will be $0.94, whereas the maximum will be $0.95, according to DigitalCoinPrice. For its part, TechNewsLeader predicts an average OGN price of $1.5, with a maximum of $1.75. The most optimistic forecast for 2030 comes from PricePrediction, with an average OGN price of $1.7 and a maximum of $1.9. Hence, your OGN investment at the current $0.09 would increase by a maximum of +2,011% by 2030.
Conclusion
Origin Protocol is a technically sound project addressing relevant issues for implementing Web3 solutions. But the project’s native token, OGN, has had trouble taking off. The crypto winter of 2022 negatively impacted this token’s price. Price predictions suggest OGN will likely increase its value in the coming years. However, one should not expect a new all-time high in this decade. Yet, investing in OGN could yield good gains in the long run. If you want to invest in this token, you can buy it on LetsExchange.io at competitive rates and without hassle.
Origin Protocol Price Forecast FAQs
Is OGN a good coin?
As an investment, OGN might be reasonably good in the long run.
What will Origin Protocol be worth in 2025?
DigitalCoinPrice predicts an average OGN price in 2025 of $0.31 and a maximum of $0.33.
What does the OGN coin do?
The OGN token fulfills various functions on the Origin Protocol’s network. It is a multi-purpose incentive token, a means of exchange for payments, and a governance token.
What is the future of OGN?
According to most price predictions, OGN will continue to increase its price in the coming years.
What will the OGN be worth in 2030?
PricePrediction forecasts an average OGN price in 2030 of $1.7 and a maximum of $1.9.
What is the Origin Protocol price today?
As of January 12, 2024 the OGN price was around $0.18.
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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