Bluzelle Price Prediction 2023-2030: Can BLZ Reach $10?
Latest Bluzelle Price
Metric | Last 24 Hours | Trend |
---|---|---|
Net Social Media Sentiment | 1.1% | Lower |
Article Coverage: Performance Summary, Latest Bluzelle News, Bluzelle Buy or Sell Poll, Technical Analysis, Bluzelle Price Prediction Today Tomorrow Week, Bluzelle Price Prediction 2023-2030, Will Bluzelle reach $10, Is Bluzelle a Good Investment? Where to buy Bluzelle
Bluzelle Price Performance so far
- Year to Date (2023): +268.8%
- Last 12 Months: +124.2%
- Since launch (2018): -56.9%
Latest Bluzelle News
- Recently, CoinGecko has included Bluzelle in the GameFi category.
- CDN has been added to the Bluzelle websites, which are currently under maintenance.
- GAMMA 4 advancements in art and tech:
- Direction in VFX and animation.
- Enhancements in UI/UX.
- Conducted visual tests and polished VFX.
- Ongoing testing and debugging.
- Polishing of game logic and FTUE.
- Initiation of test cases for back-end deployment.
- Additionally, Private Beta testers for GAMMA 4 will soon have access to the game.
Bluzelle BLZ Buy or Sell Poll (New)
Bluzelle Price Prediction Today, Tomorrow and Week
- Bluzelle Price Prediction in the next 24 hours is between $0.180 and $0.194
- Bluzelle Price Prediction this week is between $0.177 and $0.183
Overall Outlook | Neutral |
1. Market's Wisdom | Bullish |
1a. Market Data | Partially Bullish |
1b. Technical Recommendation | Buy |
2. Crowd's Wisdom | Bearish |
2a. Social Media Buzz | Lower |
2b. Social Media Sentiment | Lower |
Bluzelle Price Prediction 2023-2030
- Bluzelle Price Prediction 2023 is $0.210
- Bluzelle Price Prediction 2024 is $0.247
- Bluzelle Price Prediction 2025 is $0.317
- Bluzelle Price Prediction 2026 is $0.386
- Bluzelle Price Prediction 2027 is $0.437
- Bluzelle Price Prediction 2028 is $0.556
- Bluzelle Price Prediction 2029 is $0.734
- Bluzelle Price Prediction 2030 is $0.997
Bluzelle Price Prediction: Can BLZ Reach $10?
In order for Bluzelle to reach $10, it would need to increase by a factor of 96. At $10, BLZ’s Market Cap will be $4.07 Billion. If BLZ were to grow at a rate of 25% each year, it would take about 20 years to reach $10. Let us evaluate this data
- Quality of Investment- Moderate
- Growth required to reach $10- Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
- Market Cap at $10- Not Feasible
- Time required to reach $10 if it were to rise at 25% per annum- Not Feasible
Considering the criteria Quality of Investment, growth required, and time required, BLZ has a moderate chance of reaching $10
Bluzelle Price Prediction: Is Bluzelle a Good Investment?
Bluzelle (BLZ) is a decentralized storage system designed for creators, providing secure and always available storage, especially for NFTs and DeFi. It features a developer-friendly database (Bluzelle DB), a secure pricing tool for DeFi (Bluzelle Oracles), and allows BLZ token holders to earn through staking.
Bluzelle Chain is a high-tech blockchain designed for GameFi, offering a fast 10,000 transactions per second (TPS) and smooth integration with Cosmos Chains. The integration of in-game assets as NFTs with DeFi use cases allows players to monetize their skills, blending gameplay with economic benefits. However, GameFi faces challenges like high transaction fees, scalability issues, and centralization of in-game assets. Bluzelle addresses these challenges by offering a high-speed, cost-effective solution. With a transaction speed of 10,000 TPS, Bluzelle ensures swift asset trading.
The platform is set to launch its flagship game, GAMMA 4, promising a unique Web3 gaming experience. Bluzelle also introduces Capella, its NFT marketplace, and integrates features from the Cosmos ecosystem, allowing players to stake, lend, and earn yields on in-game assets. The recent Stargate upgrade enhances Bluzelle’s offerings, optimizing transactions and enabling cross-chain interactions.
Key Features of Bluzelle:
- Storage: Bluzelle offers truly decentralized storage that is censorship-resistant, reliable, and redundant. Running on top of the IPFS network, Bluzelle gives your files, data, and NFTs the security they need by being available anywhere, anytime without the threat of being offline.
- NFTs: By leveraging the decentralized storage system, Bluzelle gives gamers and game developers the type of NFT marketplace they deserve. Users’ NFTs and Game Assets can be minted and stored securely in one place with speed and elegance.
- Token: The BLZ token is a versatile digital asset that fuels the Bluzelle ecosystem. Users can utilize BLZ tokens to pay for network transactions, access BluzelleDB and Oracle services, and enjoy a seamless experience. Additionally, holders can stake their tokens to earn rewards, as well as actively participate in network governance, giving them a say in the platform’s future development and direction.
- Games: Bluzelle publishes and develops games in-house that take advantage of what their chain offers: speed, NFTs, storage, and defi. Players can seamlessly swap their game tokens and assets across the Cosmos ecosystem. The sci-fi Card Strategy RPG, GAMMA 4, is Bluzelle’s first release.
BLZ Staking
- Bluzelle operates on a ‘Proof of Stake’ system to maintain network trust.
- Validators, or those who verify transactions, must put up a certain number of BLZ tokens as ‘stake’.
- The more tokens they stake, the more influence or ‘power’ they have in the network.
- Revenue is sourced from developers’ fees for using the Bluzelle database.
- Validators behaving poorly risk penalties against their stake, a practice called ‘slashing’, to ensure good behavior.
- In return for their services, validators get a portion of Bluzelle’s network fees.
- Initially, Bluzelle has set aside 10% of its tokens (50M) as rewards for validators.
- Overall rewards include block rewards plus additional incentives from the Bluzelle Community Pool.
- Over time, as transactions increase, the community incentives decrease, with the aim of the network eventually being self-sustaining from transaction fees alone.
Bluzelle’s Strategic Partners
- Cosmos
- Polkadot
- Polygon
- Ankr
- Equinix
Overall, Bluzelle has been a good case for investment so far.
Where Can I Buy Bluzelle Tokens?
The Top 5 Markets by Trading Volume are
- Binance
- Bitrue
- Hotcoin Global
- Bitmart
- Coinbase
~Charu Taneja
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
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