Ontology (ONT) Price Prediction 2022-2030. Is ONT a Profitable Cryptocurrency for Investment?

Ontology (ONT) Price Prediction 2022-2030. Is ONT a Profitable Cryptocurrency for Investment?
Feb 02, 2022 0
Ontology (ONT) Price Prediction 2022-2030. Is ONT a Profitable Cryptocurrency for Investment?

In this article you can get acquainted with a relatively new, but already quite promising and significant cryptocurrency ONT, which belongs to the Ontology project. Also, you will learn more about the past prices of the platform token and get acquainted with the forecasts of the cost of ONT for the future for 2022-2030. The platform is worthy of paying attention to it, because it is a kind of revolutionary in certain tasks of the cryptocurrency world

Below you will learn: the main objectives of the project, the advantages of the token, and most importantly for any holder of cryptocurrencies, what was in the past and what will be the value of the token in the next 9 years

What is Ontology?

Ontology is a platform whose main task is to be a connecting point between the virtual world and the real world, mainly in the field of business. The main goal of the creators of the Ontology project is to provide a secure and easy connection between different types of companies in any industry, thanks to blockchain technology

The Ontology platform was created so that any private enterprises could easily install the blockchain functionality to themselves in the company without changing the main system

For this and other functions, the Ontology project has several types of applications. All of them are created so that companies can create and have their own, closed blockchains, and also be able to fully control all processes, have access to their own, corporate and private information, and also have the opportunity to contact other private blockchains

This type of interconnection is as secure as possible, unlike other centralized systems. Plus, the Ontology project network operates on a unique VBFT consensus system

Ontology (ONT) network utility token

ONT is a token, a proprietary cryptocurrency belonging to the Ontology platform and used within it.

The ONT coin has several features and advantages, thanks to which it has an increased interest in it, the main ones are:

This cryptocurrency can be used to pay for any type of services (as part of the Ontology project). And also, to exchange coins with other users

ONT transactions are carried out with absolute confidentiality, without using personal data

Ontology (ONT) price prediction for 2022-2030

According to many experts, such as analysts from Price Prediction Net and The Hedger, other blockchain specialists, as well as, in our opinion, the potential of the Ontology (ONT) project is quite high. Already today, it can be traced that this type of functionality that the platform offers is in demand among users of cryptocurrencies, especially for any areas of business.

The cost of the ONT token at the current time:

Based on this point and taking into account the above resources (Price Prediction Net, The Hedger), adding to this our personal technical analysis, we come to such data as regards the future rate of the ONT token:

At the moment (December, 2021), the cost of the ONT token is $0.7464. The number of coins in circulation is 699,029,878. There are all signs that the value of the cryptocurrency will only grow based on the volume of user interest, and also, the coin has already reached its maximum price, which was predicted for the current time

Forecast for 2022.

According to many analysts from The Hedger, the ONT token has a good long-term perspective, which we agree with, and in this case, if the cryptocurrency market gains momentum as in the current year, the average value of the coin will be about $1.08

Forecast for 2023-2024.

Following the research of experts from Price Prediction Net, if, in the case that is quite realistic, the Ontology project will develop and improve at the same pace as now, introducing more and more new technologies, the platform has every chance to become competitive. With this outcome, by the end of 2024, the maximum value of the ONT token will reach $2.78

Forecast for 2025.

After our technical analysis of the data and assuming that by this year the cryptocurrency market, marketers and investors will have the same interest in Ontology (ONT), by mid-2025 the value of the token will be $3.96. But, by the end of the same year, a slight drop in the exchange rate of the coin is expected, so that by December 2025, the value of ONT will be about $3.41

Forecast for 2026.

The value and growth of the coin this year will depend on the efforts of the creators of the project, innovations and investors. Therefore, the price of the ONT token for the current year will vary from $4.77 to $5.72, which, nevertheless, is an optimistic option for any outcome

Forecast for 2027.

Taking into account the analysis of experts in the field of blockchain, analysts from Price Prediction Net and our own analysis, this year Ontology will reach its record high and its cost will be up to $8.17

Forecast for 2028.

Provided that the Ontology project begins to actively interact with financial companies, as currently planned, the average price of the ONT token will reach $9.76, and the maximum price will be $11.65

Forecast for 2029.

Experts are confident that the Ontology platform will be in high demand this year and will remain at the same level for a long time. By the end of 2029, the maximum value of the token will be $16.81, and the minimum value will be $13.71

Forecast for 2030.

Based on our data and the opinion of many other resources related to the cryptocurrency market, everyone comes to the conclusion that this year the ONT token will again reach its record high. All this consists of an analysis of past prices, user activity and interest in the project, its development at the moment and the interest of investors. The maximum cost of ONT will be $23.99, the average cost is about $21.04

ONT Price Prediction 2022-2030

2022 $1.08
2023 $1.83
2024 $2.78
2025 $3.96
2026 $4.77$ - $5.72
2027 $8.17
2028 $11.65
2029 $16.81
2030 $23.99

 

Ontology (ONT) price analysis for previous years

The launch of the Ontology project was announced in November 2017. in Shanghai. The Ontology project and the ONT cryptocurrency were developed in China. The founders of the platform are the co-founders of OnChain, namely, Eric Zhang and Da Hongfei.

Hundreds of investors and blockchain analysts attended this event. The creators reported that they had found the best specialists and developers in this field to create a new project in order to bring the project to the world stage from the very beginning. They announced that they will be able to form an extensive ecosystem that will help apply blockchain and other innovative technologies in the service of the traditional economy.

Since the launch of the platform and after the appearance of the ONT coin on the market, the cryptocurrency has been rapidly increasing in price and gaining momentum, thanks to which it entered the list as one of the popular currencies. At the moment, the cryptocurrency on the 131st place in the rating of cryptocurrencies on the coinmarketcap platform

On March 1, 2018, the distribution of tokens (airdrop) began. Ontology ONT cryptocurrency was distributed to all NEO holders. Airdrop was also supported by most cryptocurrency exchanges

Despite the close connection of the new network with the NEO blockchain, Onchain representatives strongly emphasized that these projects are not connected by a common team or sources of funding, so Ontology is an absolutely independent project.

The next year after its appearance on the market, in 2018, the ONT token took the 28th place by capitalization among all existing cryptocurrencies (according to the block-chain24 platform). The value of the coin at that time was $9.7

Numerous analysts (including from block-chain24.com) predicted that the Ontology project would double in value, but in 2018 there was a decline in cryptocurrency quotes on the market, so the project took a pause.This influenced the price increase in subsequent years. 

In June 2020, the existence and growth of the ONT token began to intensify after a long stagnation. By October the price of ONT was already $0.54.

What is the reason for the increase in price and interest in the Ontology token? When the project added Binance, the largest among cryptocurrency exchanges, to the listing, its price gradually began to increase. 

According to crowdfundinsider, Binance integrated the Ontology ONT ID decentralized identification solution on February 23. This "will provide any object with a digital identity that is controlled by this object through decentralization."

You can see more details about the change in the value of the exchange rate after the cryptocurrency quotes in 2018 below:

13.06.2019 $1.42
07.10.2019 $0.63
31.12.2019 $0.51
13.03.2020 $0.34
25.06.2020 $0.64
31.12.2020 $0.50
13.03.2021 $1.13
10.05.2021 $2.55
24.12.2021 $0.74

 

These indicators allow us to focus on the development of the ONT coin in the past and the prospects of the project in the future. We also used all these indicators for technical analysis of the token value in the next few years.

Conclusion

Since its appearance on the market, the Ontology project and the ONT token have already successfully proven themselves and brought many aspects to a new level for the world of cryptocurrencies. 

The team of creators is working hard to improve the project, so that the platform has every chance to have a leading position, especially among small and medium-sized business owners

According to many data and aspects, everything indicates that the Ontology (ONT) project will be a very good and useful investment with a decent income.

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.


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