ANKR Price Prediction 2023-2030: Will ANKR reach $1000, $50, $10?
Article Coverage: Performance in the Last 12 Months, Latest News, Ankr Price Prediction Today, Is ANKR a Good Investment? ANKR Price Prediction $1000, $50, $10, $5, ANKR Price Prediction 2023-2030
ANKR Price Performance So Far
- Last 1 Month: +32.8%
- Last 12 Months: +25.3%
- Since Launch (2019): +107.4%
Exchange Dominance – Upbit: 50.1% [Moderate Risk]
ANKR Performance Statistics
ANKR Rollup as a Service
Ankr recently introduced Rollup as a Service, with Optimism as its first partner. This service enables users to establish an independent Layer 2 (L2) based on the Optimistic Ethereum (OP Stack) to handle traffic exclusively for their applications or projects. Ankr plans to extend this offering to support various other Layer 2 ecosystems in the near future.
Key features of Ankr’s RaaS include:
- New L2 Blockchain Engineering: Ankr offers comprehensive engineering support for new rollups, allowing customization based on client preferences for consensus mechanisms, programming languages, throughput, gas fees, and more.
- Rollup Infrastructure: Ankr handles the launch and operation of essential node infrastructure required for running a rollup, including full nodes, validators, sequencers, and aggregators.
- Development Tools: Various development tools and frameworks, such as SDKs, are provided to assist developers in building their rollups.
- Security and Auditing: Ankr assists developers in securing their rollups and collaborates on security auditing through third-party security firms.
- Ongoing Support: Continuous support is offered to developers, encompassing troubleshooting, performance optimization, and sustained node operations.
ANKR Price Prediction: Is ANKR a Good Investment?
Ankr is a decentralized computing platform that aims to solve the challenges of traditional cloud computing by providing a more secure and cost-effective solution for hosting decentralized applications. Ankr achieves this by leveraging the resources of distributed nodes that are contributed by the Ankr community. These nodes can be made up of spare computing power from individuals or organizations, allowing them to earn rewards for their contributions. Developers can then use these resources to run their applications on the blockchain.
Ankr offers bare-metal nodes hosted in independent colocation data centers worldwide. These physical servers provide dedicated resources for CPU, RAM, and storage, allowing for high-performance handling of intense data storage and retrieval requirements of blockchain. Ankr places nodes strategically in regions where high volumes of requests are coming from and quickly supplements the region with nearby nodes.
Ankr’s flagship Premium RPC service is always available with affordable, pay-as-you-go pricing for more power and endless flexibility for builders everywhere. Ankr employs a network of geo-distributed load balancers to direct incoming RPC requests to the best-suited blockchain node that can serve the request in the least amount of time possible. This approach reduces overall latency by decreasing transmission times, as the load balancers are closer to the client.
Ankr Token (ANKR) is the native cryptocurrency of the Ankr platform. ANKR is an ERC-20 token that serves as a means of value transfer and incentive mechanism for various stakeholders on the Ankr network. Primary Use Cases
- Incentivize node operators to contribute computing resources to the Ankr network. Node operators can earn ANKR as a reward for contributing their spare computing power to the network, which can then be used to power decentralized applications.
- ANKR is also used to pay for various services and features on the Ankr platform, including hosting fees, transaction fees, and access to premium tools and services.
Update: Ankr AppChains enables developers to create customizable blockchains tailored to their project’s specific needs. It supports a variety of ecosystems, including Polygon Supernets known for speed and cost efficiency, Avalanche Subnets recognized for fast transactions and security, and BNB Sidechains which leverage the Binance Smart Chain’s benefits. Future updates plan to include Ethereum and zkSync Hyperchains for their robust ecosystem and scalability, respectively.
Overall, ANKR is a moderate case for Investment.
Will ANKR Go Up or Will ANKR Recover?
ANKR along with all the cryptocurrencies has been very volatile for the last year. The recovery of ANKR will depend on the recovery of the crypto market and also the adoption of the ANKR protocol.
With the increase in Web3 technology, the interest of Web3 developers is likely to move towards ANKR protocol. However, this alone cannot lead to ANRK’s recovery. The overall crypto market will have to recover which depends upon the macro factors turning positive.
Can ANKR reach $50?
To reach $50, ANKR will have to rise 1900 times. At $50, ANKR’s market cap will be nearly $498 Billion. If ANKR were to rise at the rate of 25% every year, it would take it 34 years to reach $50.
Considering all factors including Investment quality, growth required to reach $50, Market Cap at $50, and time required to reach $50 at 25% growth every year, it is impossible for ANKR to reach $50. This is feasible only if there is a 90-95% burn.
ANKR Price Prediction: Will ANKR reach $1000?
Given that it is almost impossible to reach $50 without a Burn of 90%, one could completely rule out $1000 without any burn. Even if there was burn, it could perhaps be closer to 99%. To sum up, ANKR will not reach $1000 because it is of moderate investment quality, the market cap at $1000 is unrealistic, and even if were to grow at a mindboggling 50% every year, it would take it nearly 3 decades to reach $1000.
Can ANKR Reach $10?
The all-time high price of ANKR was $0.2252 and since then the price has fallen below $0.10. ANKR reaching $10 is not wishful thinking as ANKR has a limited supply which is 10 billion tokens. Due to its finite supply, ANKR can prove to be a good investment for the future. No new ANKR tokens can be created therefore, the only thing that can happen is a decrease in the supply with increasing demand which will directly lead to a price rise.
For ANKR to reach $10:
- At the current price, ANKR will have to rise 670 times. However, this will also take the overall market value of ANKR over $100 Billion. The market value of BTC is over $350 billion.
- Assuming ANKR gains 25% annually, therefore it will take 29 years from now for ANKR to reach $10.
- If ANKR gains 50% annually, in the next 16 years ANKR will be valued at $10.
Can ANKR reach $5?
To reach $5, ANKR will have to rise 192 times. At $5, ANKR’s market cap will be nearly $50 Billion. If ANKR were to rise at the rate of 25% every year, it would take it 24 years to reach $50.
Given the analysis completed so far, it is feasible for ANKR to reach $5 if about 90% of the circulating coins are burnt.
ANKR Price Prediction $1
To reach $1, ANKR will have to rise 22x times. At $1, ANKR’s market cap will be nearly $10 Billion. If ANKR were to rise at the rate of 25% every year, it would take it 14 years to reach $1.
Overall it looks like there is a moderate possibility of ANKR reaching $1. A 25% burn will certainly ensure ANKR will reach 1 dollar
ANKR Price Prediction $100
In order for ANKR to reach $100, it would need to increase by a factor of 4,651. At $100, ANKR’s Market Cap will be $1 trillion. If ANKR were to grow at a rate of 25% each year, it would take about 37 years to reach $100. Let us evaluate this data
- Quality of Investment- Poor
- Growth required to reach $100- Partially Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
- Market Cap at $100- Not Feasible
- Time required to reach $100 if ANKR were to rise at 25% per annum- Not Feasible
Considering the criteria Quality of Investment, growth required, and time required, ANKR has very less chance to reach $100.
Also Read: Sun Token Price Prediction
ANKR Price Prediction Today, Tomorrow and Week
- ANKR Coin Price Prediction in the next 24 hours is between $0.0246 and $0.0247
- ANKR Coin Price Prediction this week is between $0.0232 and $0.0252
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Partially Bearish|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Sell|
|2. Crowd's Wisdom||Partially Bearish|
|2a. Social Media Buzz||Lower|
|2b. Social Media Sentiment||Steady|
ANKR Price Prediction 2023, 2025-2030, Aggregated
- ANKR Coin Price Prediction 2023 is $0.0329
- ANKR Coin Price Prediction 2024 is $0.0524
- ANKR Coin Price Prediction 2025 is $0.0757
- ANKR Coin Price Prediction 2026 is $0.102
- ANKR Coin Price Prediction 2027 is $0.126
- ANKR Coin Price Prediction 2028 is $0.176
- ANKR Coin Price Prediction 2029 is $0.261
- ANKR Coin Price Prediction 2030 is $0.371
Where to Buy?
ANKR coins can be bought on a number of major centralized crypto exchange platforms such as Binance, Coinbase, KuCoin, Kraken, Gemini, Bybit, Huobi, Gate.io, Crypro.com, MEXC, Tokocrypto, Indodax, Bitvavo, Upbit, HitBTC, Coinhub and decentralized exchanges such as Uniswap, PancakeSwap, SushiSwap, Binance DEX etc. The following are the top exchanges to buy ANKR tokens:
- Kraken – The well-known cryptocurrency exchange Kraken was established in 2011 and provides margin trading, cryptocurrency trading, and trading in several fiat currencies. It is renowned for its cutting-edge features, security precautions, and wide user base.
- KuCoin – KuCoin is an established cryptocurrency exchange that was founded in 2014 and provides a diverse selection of cryptocurrencies for trading, staking, and collecting rewards. It is well-known for its user-friendly interface, diverse currency options, and low fees.
- ByBit – Bybit is a well-known cryptocurrency derivatives exchange that was established in 2018 and offers trading for perpetual swaps and futures for several cryptocurrencies. It is renowned for its intuitive trading interface, large leverage choices, and sophisticated trading tools.
Frequently Asked Questions
How high can ANKR coin go?
As per the price prediction, ANKR is expected to go as high as $0.0251 by the end of 2023. However, there are multiple factors such as liquidity, inflation and the CPI Index that can govern the price of ANKR this year.
As the CPI Index has increased comparatively slowly when compared to the previous month, this can be a good indication for cryptos such as ANKR in the coming months
Is ANKR a good buy?
ANKR’s price is expected to reach $0.0572 by the end of 2025 and $0.264 by the end of 2030, as per the current market conditions of macroeconomic factors and liquidity conditions.
However, as ANKR is more than 89% down from the all-time high price that it achieved in 2021, it has the scope to regain its all-time high value in the future.
How To Buy ANKR?
- Select a reputable cryptocurrency exchange that supports ANKR token trading (as listed above).
- Sign up for an account on the chosen exchange. This typically involves providing your email address, creating a password, and completing any required verification processes.
- Depending on the exchange’s requirements, you may need to complete a Know Your Customer (KYC) process to verify your identity.
- Deposit funds into your exchange account. Most exchanges allow you to deposit fiat currency (such as USD, EUR, etc.) or other cryptocurrencies.
- Once your account is funded, locate the ANKR trading pair. For example, if you deposited USD, you’ll need to find the ANKR/USD trading pair.
- Choose the type of order you want to place, enter the desired amount of ANKR tokens you wish to purchase, and review the details before submitting the order.
- Confirm the order and execute the trade. Once the trade is executed, the ANKR tokens will be credited to your exchange account.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.