Can Dappradar reach $1, $10? Dappradar Price Prediction 2023-2030
Latest Dappradar Price
RADAR Price Performance so far
|Last 7 Days||+12.7%|
|Last 1 Month||+15.5%|
|Last 12 Months||+26.7%|
|Since Launch (2020)||-80.4%|
Dappradar Price Prediction 2023-2030, Aggregated
- Dappradar Price Prediction 2023 is $0.0127
- Dappradar Price Prediction 2024 is $0.0175
- Dappradar Price Prediction 2025 is $0.0246
- Dappradar Price Prediction 2026 is $0.0321
- Dappradar Price Prediction 2027 is $0.0386
- Dappradar Price Prediction 2028 is $0.0526
- Dappradar Price Prediction 2029 is $0.0726
- Dappradar Price Prediction 2030 is $0.105
Can Dappradar reach $1?
To reach $1, Dappradar must rise by 170 times. At $1, Dappradar’s market cap would be nearly $560 Million. Synthetix SNX has a Market Cap of about $551 Million. It took SNX 18 months to go from $3 Million to nearly $700 million with almost all the growth coming in during the lockdown era of COVID 2020. Synthetix is a DeFi Protocol and operates in a highly competitive domain.
Benchmark-wise, numerous tokens have risen 170x to reach a $600 Million Market cap in a short period (The latest being Pepe). So this is not an impossible target for $RADAR.
However, given the current use cases for Radar the Token, Dappradar is unlikely to ever reach $1. The use case for Dappradar itself is good but an enhanced value for the Token is not justified unless it behaves like a security. A community-driven platform like Dune has more justification for a Token than a platform like Dappradar at the moment. Therefore, there are two circumstances under which Dappradar could rise to $1
- Expanding the Platform to create more use cases for the Token
- A major macro liquidity event like COVID-19 could create massive cash that would in turn drive up demand for RADAR Tokens
Overall, Dappradar is unlikely to reach $1 unless there is a change in the above circumstances.
Can Dappradar reach $10?
Given the poor use cases for RADAR Token, Dappradar is unlikely to ever reach $10. However, an active burn program that terminates 75-90% of the Tokens in circulation could bring Radar closer to $10.
In sum, in theory, Radar can reach $1 and $10. However, use cases for the Token do not justify substantial pumps at the moment. While Dappradar itself is a great platform, it needs to find more sustainable use cases for Radar. Alternatively, either a major macro liquidity event or an aggressive burn program could take $radar closer to the $1 and $10 targets.
Dappradar Price Prediction Today: Bullish or Bearish Sentiment?
|1. Market's Wisdom||Neutral|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||N/A|
Dappradar Price Prediction: Is Dappradar a Good Investment?
DappRadar is a leading decentralized application (Dapp) store Tracking over 14,000 dapps across 50 blockchains, DappRadar has become an essential platform for discovering and analyzing dapps, drawing around a million users monthly. Since its inception in 2018, DappRadar has already directed over 10 million users to dapps. A robust data-centric approach is central to Dappradar’s strategy –
- Through DappRadar’s data-driven insights, users can make well-informed decisions about Dapp usage, and developers can leverage market intelligence to drive their products’ success.
- A stand-out feature of DappRadar is its ability to track Unique Active Wallets (UAW), a pivotal metric in Dapp usage.
- The platform’s Decentralized Autonomous Organization (DAO) ensures that vision, allowing community members to not only propose and vote on ideas but also to contribute and curate content.
- Further, DappRadar’s Contribute2Earn model invites anyone to contribute to the platform, fostering a rich and comprehensive resource for users. The platform is actively investing in developer tools, automation, machine learning, and AI to refine its data collection capabilities.
The platform’s partnerships with web browsers like Opera and wallet providers like OKX, and its integration into Samsung Blockchain Wallet and CryptoPotato’s DeFi and NFT section, demonstrate its influence and utility in the app ecosystem.
To scale up and introduce a new level of functionality and community engagement, DappRadar has launched its native token, RADAR. Its function extends beyond being a mere digital asset to aiding in the development, curation, and organization of the ecosystem.
- It is both a utility and governance token and is more than just a digital asset
- It provides an entryway into DappRadar’s PRO membership, incentivizes contributions,
- RADAR is a core feature of the DappRadar ecosystem, enabling community members to showcase their Dapp’s best features, while DAO members can propose new platform features.
The distribution of RADAR is carefully planned, with an initial 10% allocated for airdrop, 25.25% to the DappRadar team and shareholders, 24.75% to the DappRadar DAO Treasury, and 40% for the community, including rewards and bounties.
Overall, while Dappradar provides huge value to consumers and businesses alike, the role of Radar Token is quite unclear. Overall, we would classify Radar as a moderate case for Investment.
Where to buy $Radar?
The Top 5 Exchanges are
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.