As soon as Bitcoin began to gain momentum and grow positively in the cryptocurrency market, interest in other types of altcoins began to actively appear in parallel.
Among the numerous options for cryptocurrencies, we suggest you pay attention to one of the alternative Bitcoin coins, Aeternity (AE). Maybe for someone this coin is not so famous, but in fact the mining of this coin competes in profitability with ETC.
The price as of February 2022 | $0.09 |
Market cap as of February 2022 | $35,460,542 |
Rank as of February 2022 | #694 |
All-time high | $5.69 (April 29, 2018) |
Decline (compared to all-time high) | 98.4% |
All-time low | $0.059135 (March 13, 2020) |
Growth (compared to all-time low) | 52.4% |
Popular markets | Gate.io, Hotbit, MEXC Global, CoinEx, AEX, HitBTC |
This token has many advantages and interesting features, which you can learn more about below. As well as the history of the platform, the history of price growth over the past few years and the analysis of prices for the future, namely, for 2022-2030.
Aeternity (AE) is a project created in 2017, the founder of which is Yanislav Malakhov. It was he who was called the "Godfather of Ethereum".
Aeternity is a "new generation" blockchain, which aims to combine all technological innovations on one platform and make the blockchain simple, understandable and useful for a wide range of users. And also, the Aeternity platform is aimed at solving scalability problems and security issues that many cryptocurrencies face to this day.
The Aeternity (AE) platform uses five technologies to achieve the above goals, such as:
1. Aeternity has state channels. They allow smart contracts to be executed only on the blockchain, and in case of disagreement between the contracting parties, the smart contract code is applied by the blockchain.
2. Aeternity combines Proof-of-Work (POW) and Proof-of-Stake (POS) algorithms, in which miners can create blocks and simultaneously verify transactions.
3. Aeternity allows miners to mine coins even on low-power equipment such as smartphones.
4. Aeternity uses Oracle. Oracle connects real-world data with smart contracts. For example, someone wanted to buy a ticket to an event, but not if it rains on the day of the event. The ideal system will be able to process the payment for the ticket only when it is known that it is not raining.
5. Also, the platform team is working on a unique management, where interested parties (miners, token holders and other persons with a stake in the blockchain) can jointly make decisions on proposed changes to the project. And create a modern virtual machine for secure and efficient blockchain computing.
All these features and technologies of Aeternity allow you to perform processes safely, honestly and at a low price.
Plus, the Aeternity (AE) platform is based in Liechtenstein, a country that has become increasingly favorable for blockchain technology in recent years.
Aeternity is the name of the project and the blockchain platform. And the main token is AE. This token is used both for smart contracts and for payment transactions.
AE has several advantageous features that make it unique in the world of cryptocurrencies. For example, users of AE tokens have the right to vote for the proposed changes. AE can also offer low-cost commercial transactions.
The coin pleases with an unusual approach to the work of the network, while it works quickly. A good mining profit is especially important. Thanks to this, AE looks good even in comparison with the legends in the world of cryptocurrencies, namely, with Ethereum Classic.
The AE token is present on many exchanges. Among the most famous are OKEx, Binance, Huobi and Coinbene.
The test network was launched by the end of 2017. The project was originally launched as an ERC-20 token, but became a fully implemented blockchain by itself when the network was launched in mid-2018.
In the second half of 2021, the price of AE has varied from $0.1478 to $0.0808, which gives a cumulative monthly growth rate of -9.75% and an average annual growth rate of -0.70%.
In the beginning of 2021, the AE coin cost $0.1557. Since then, the monthly growth rate has been -5.23%, and the annual growth rate has been -0.48%.
Now AE is in the sixth ten of the world ranking. The maximum stock of AE cryptocurrency is about 30 billion AE. Thanks to scalability and highly functional smart contracts, Aeternity has confidently gained a foothold in the market. At a price of about $0.684297 at the time of launch, it grew rapidly and exceeded $5.86, which brought investors an impressive profit within a year after the launch of the project, namely, 753%. On April 29, 2018, Aeternity reached a record high of $5.82
The trading volume of Aeternity in 24 hours increases significantly every day.
According to analysts, by the end of 2022, the price of Aeternity will average $0.12. The expected maximum price is $0.156. The minimum price is $0.115.
According to technical analysis using the algorithm, it shows that the price of AE in 2023 will be about $0.22. The price will keep on growing faster in the following years. By the end of 2024, experts expect the AE price to reach $0.32 at best.
As for 2025, it is predicted that the price of 1 Aeternity (AE) will be about 0.41 US dollars. The price will be doubling every 2 years. By 2031, it will reach up to $3.22.
Year | Min Price | Average Price | Max Price |
2022 | $0.115 | $0.12 | $0.156 |
2023 | $0.2 | $0.22 | $0.26 |
2024 | $0.26 | $0.28 | $0.32 |
2025 | $0.3 | $0.32 | $0.41 |
2026 | $0.51 | $0.55 | $0.63 |
2027 | $0.8 | $0.82 | $0.9 |
2028 | $1.16 | $1.2 | $1.29 |
2029 | $1.69 | $1.77 | $2.01 |
2030 | $3.1 | $3.14 | $3.22 |
The daily rising price of AE proves that in recent months and years it has been in a good cycle.
Aeternity is really a good investment, as its price is increasing every day. As a project, it is rapidly improving and developing. And the AE token is a good choice for investment, because they are not just a service token like other Ethereum based tokens. They have plans to move to their own main network, which will create a huge demand for the coin and introduce a new consensus blockchain model.
Investing in Aeternity promises to be a useful digital asset that everyone could have. The price of Aeternity (AE) will grow over the years and your investment will pay off. Although Aeternity (AE) did suffer from extraordinary losses and some problems, but over the years it has recovered and continues to serve you better and with the best result. If you want to have investments that provide greater speed of peer-to-peer transactions in the blockchain, then AE is what you are looking for.