Substratum (SUB) is an interesting project that was born after a very common debate in the crypto space took place: how to make the web really decentralized and safe?
In this article we will focus on Substratum (SUB) price predictions from 2022 to 2030, but we will also analyze the whole project first: why was it born? What are its characteristics? What about the future of the project and its cryptocurrency? What about people’s adoption and opinions?
To make it even more comprehensible and interesting, we will compare Substratum (SUB) to more traditional and widely used projects and competitors, to understand if Substratum is really finding innovative solutions aimed at creating a truly decentralized web.
First off, let’s start with a deep analysis of the project itself.
Substratum is a decentralized project born in 2017 to create a decentralized web.
Differently from other tools that try to make the same thing, the advantage of Substratum - SUB - is that it is runned by nodes.
It works in a very easy way, that is, anyone can download the software of the project to use a computer as a node. Nodes receive prices in SUB, and they can stake them: this and the fact that the project burned some SUB shows that the project behind this ERC-20 wants to work on the long-term price of SUB.
There have been many criticisms of SUB, mainly related to the fact that the team behind the project doesn’t seem to invest seriously in marketing: even if this can look like a futile reason, in reality this could prevent more users from entering the market.
Nevertheless, the idea behind the project is extremely interesting: its goal is to create a truly decentralized, meritocratic and safe web. But let’s analyze the characteristics of this project, and let’s see why it differs from other traditional tools.
Let’s start with the functioning of this platform. People who want to use the internet in an anonymous and safe way just need to go to the official website of Substratum and download the version of the software that better suits their computers.
It’s not a new search engine, it works more like an extension: people can set it up while using their browsers, but their data will be encrypted thanks to the blockchain technology and their IPs will always result different, no matter how many times people search something on the search engine. This is one of the main differences with traditional VPNs: while they have common IP addresses, it is not that hard for censors to identify VPN’ IPs and shut them down. With Substratum it is impossible.
Moreover, the fact that the network is runned by nodes means that there is no central authority, making your navigation even more secure and independent. Even Tor uses nodes, but it is far harder to install than SUB, and if you don’t set it correctly you can involuntarily disclose your IP.
Another characteristic of Substratum is that it works like traditional web hosting services, but website owners and content creators won’t pay a fixed subscription, but they will pay for clicks: this approach makes costs more effective, and users can save the money they use to buy other tools to protect their privacy.
The project can have its downsides: if anyone can get access to any kind of websites and no one can censor it, how can we be sure that illegal websites won’t thrive even more if everyone adopts SUB?
Despite this debate, that maybe won’t ever find a good answer, SUB was born with noble intentions.
Actually the reason why this project was born is that its creators wanted to fight governments that don't allow people to use the internet, that show their citizens different versions of the web to fully control also what people can see on their computers. And the project is also safe for those who don’t want their data stored by governments but don’t have any alternatives.
Even if Substratum has all these innovative characteristics, the price of SUB is not rising.
But let’s see together what has happened so far.
Before starting with our technical analysis, you might want to know where to buy and sell Substratum (SUB) now that the price is affordable.
An easy way to buy and sell SUB is Freewallet: here you can use your credit card, trade without fees, and easily manage your trading activity on desktop and mobile thanks to the app.
SUB is simply the cryptocurrency - more precisely, the ERC-20 token - that makes the platform work.
The image below contains al prices from the launch of 2017:
As we can observe, the price of this cryptocurrency followed a really regular path from its birth.
In crypto charts it can be observed many times that the price doesn’t follow the 5-wave impulse movement studied by Elliott. When this happens, we usually have two alternatives:
- The price suddenly collapses: many traders use to buy cryptos and sell them as soon as they are listed on a major crypto exchange, and this - thanks to the law of supply and demand - makes the price drop;
- The price moves upwards dividing its movement into 3 - not 5 - subwaves.
Substratum (SUB) followed the second path.
This usually means that buyers are ready to support the price, and actually the price hit an astonishing $3 price level in a few months.
After the peak, a downtrend began, driving the price below $0.03 from January 2018 to April 2019.
After the downtrend, the price didn’t show signs of volatility nor upcoming uptrends: it moved sideways, in a range from $0.015 to $0.003.
This sideways movement continues today, but it seems that something changed in the last hours.
Let’s see some of the data related to Substratum (SUB), as of December 31, 2021:
- Current price: $0.003;
- Market capitalization: $1,493,065;
- Volume (24 hours): $17,548;
- Max supply: not set;
- Total supply: 472,000,000 SUB;
- Circulating supply: 383,020,999.96 SUB.
The data that significantly changed in the last 24 hours are related to price.
At the time of writing this article (December 31, 2021), the price of SUB increased by 57.85%.
From this starting point we will begin with our price predictions.
As usual, please remember that this is not financial advice, but a possible analysis of the future prices, based on historical analysis and experts’ opinions.
According to our analysis, in 2022 the price of SUB should increase and reach about $0.004.
From 2022 to 2023 the price should increase to reach $0.005.
By 2025 the price of SUB should double and it could reach $0.01.
From 2025 to 2027 the price should double again to reach $0.022.
By 2030 the price of SUB should experience a significant rise and reach $0.075.
The price of SUB reached its all time high one year after its birth, in 2018, when the crypto reached around $3.
But SUB has not always been so successful: many criticisms affected the crypto, especially on networks like Reddit, and this of course didn’t have positive effects on the price of SUB.
In spite of this, Substratum - the project behind SUB - wants to solve real life problems like censorship, especially in countries where people can’t even have access to a search engine like Google, and where people’s sensitive data are constantly stored and controlled by governments.
This goes against the core ideas behind cryptocurrencies, and SUB wants to solve this problem providing people with free and easy-to-use tools that guarantee anonymity and equality.
Even if not everyone can agree on the topic when it comes to anonymity, it is also true that Substratum started with noble intentions and has many advantages when compared to its traditional “competitors” like Tor, VPNs and website hosts.
The future of this cryptos - and of all cryptos - strongly depends on adoption, and a better marketing strategy could help this project, as well as a more updated and customized technical whitepaper.
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