Liquity Price Prediction 2023-2030: Will LQTY Reach $100?
Latest LQTY Price
| Metric | Last 24 Hours | Trend |
|---|---|---|
| Net Social Media Sentiment | 58.6% | Lower |
Liquity Price Performance So far
| Last 7 days | +30.6% |
| Last 30 days | +110.0% |
| Last 12 Months | +151.3% |
| Since Launch (2022) | -92.8% |
As per the latest Tweet, Liquity has achieved a high score of 96 on Defi Safety 0.9, making it the gold standard for safety in the world of decentralized finance.
LQTY Price Prediction Today, Tomorrow and Week
- Liquity Price Prediction in the next 24 hours is between $1.48 and $1.48
- Liquity Price Prediction this week is between $1.35 and $1.52
| 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 |
Liquity Price Prediction 2023-2025-2030, Aggregated
- Liquity Price Prediction 2023 is $1.54
- Liquity Price Prediction 2024 is $2.30
- Liquity Price Prediction 2025 is $3.25
- Liquity Price Prediction 2026 is $4.35
- Liquity Price Prediction 2027 is $5.15
- Liquity Price Prediction 2028 is $6.62
- Liquity Price Prediction 2029 is $9.51
- Liquity Price Prediction 2030 is $13.8
Liquity Price Prediction: Will LQTY Reach $100?
To reach $100, the LQYT token needs to grow by nearly 65 times. Note that the LQTY token reached its all-time high price of $48 in April 2021 where it grew by nearly 2.08 times in less than one month (i.e., from the lowest price of $23). Therefore, considering its 2.08 times growth in one month, we can say that the Liquity token needs roughly 32 months (less than 3 years) to reach a price level of $100. This is highly unlikely.
Liquity’s Market Cap at $100 would be $9 Billion. Dogecoin’s market cap is nearly $10 Billion. It took Dogecoin 4 years to move from a nearly $150 Million market cap to $9 Billion market cap, a lot of it came during the COVID macro liquidity period. However, this is unlikely for Liquity as it does not enjoy the support of a well-known person like Elon Musk. On Google search, Dogecoin has 18x more volumes than Liquity.
In Sum, Liquity could rise over the next few years but is unlikely to reach $100. A significant burn event plus a macro liquidity pump could take Liquity above $100.
Latest Liquity News
The Total Value Locked (TVL) is $591.9 million [Rising]. Over the past seven days, the TVL has decreased by 2.5%, and over the past 30 days, it has decreased by 9.2%. $67.7 million is staked [Rising]. Fees and revenue are both annualized at $7.5 million [Declining]. There are 46 active addresses in the last 24 hours [Rising], a treasury of $708,515 (Rising), and a total of $6 million raised.
Liquity Price Prediction: Is LQTY a Good Investment?
Liquity is a decentralized borrowing protocol that enables users to take 0% interest loans by using Ether as collateral. The loans are issued in a stablecoin called LUSD, which is pegged to the US dollar and requires a minimum collateral ratio of 110%.
To ensure the safety of the loans, they are secured by a Stability Pool containing LUSD and by other borrowers acting as guarantors of last resort. Note that the Liquity platform is non-custodial, immutable, and has no governance system.
Liquity offers a 0% interest rate and maintains a collateral ratio of 110%. The platform is fully automated and governance-free, enabling direct redeemability of LUSD for underlying collateral at face value. It is censorship-resistant and not under the control of any entity or individual. A one-time borrowing fee as low as 0.5% is charged, and users can borrow LUSD against their ETH collateral without incurring recurring costs. The loans are ETH-backed and do not feature variable interest rates that accumulate over the loan’s duration.
The platform generates revenue from borrowing and redemption fees, which are then distributed pro rata to LQTY token stakers. Staking LQTY comes with no minimum lockup period, and its mechanism is more straightforward than that of other DeFi protocols. Users have the option to add LUSD to the Stability Pool to mitigate the risk of ETH price drops. Stability Providers can also withdraw their ETH and LQTY rewards at any time.
LQTY is the native token of the Liquity protocol and has the following use cases:
- LQTY tokens can be used to participate in the Stability Pool and earn rewards for helping to maintain the system’s stability.
- LQTY tokens can be used to provide liquidity on decentralized exchanges or lending platforms.
- Borrowing and redemption fees paid on the Liquity protocol are distributed to LQTY token holders.
Thus, considering the use cases and key features of the platform, LQTY appears to be a moderate case for investment.
Also Read: Space ID Price Prediction
Where Can I Buy LQTY Tokens?
Liquity tokens can be bought from various centralized and decentralized crypto exchanges such as Binance, Coinbase Exchanges, KuCoin, Gate.io, Huobi, Crypto.com Exchange, Poloniex, Balancer and Uniswap.
~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