Ocean Protocol Price Prediction 2023-2030: Will Ocean Protocol reach $10?

Ocean Protocol Price Prediction: Check out the latest price, price prediction for the next 12 hours, for the year and next 7 years.

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Latest Ocean Protocol Price

Before we check out the latest price predictions, let us evaluate Ocean Protocol for the purpose of Investment

Ocean Protocol Price Prediction: Is Ocean Protocol a Good Investment?

Ocean Protocol provides the tools to help developers build marketplaces securely and privately.

Key features

• OCEAN token’s dynamics are designed in such a way that the token’s health rises with the usage volume.
• The platform provides a “Compute-to-Data” feature to provide access to privately held data.
• Ocean marketplaces allow users to monetize private data without compromising privacy.

Advantages

• Using Ocean market, users can create data assets, create a fixed-price market, buy data tokens, and consume data assets.
• Using Ocean Protocol, marketplace operators can make money because the market is incentivized whenever any action is performed (such as pool-based swap, fixed-rate exchange, etc).
• The platform allows data publishers to make money by publishing useful datasets which can be bought by various other users.

OCEAN is the utility token of Ocean Protocol. OCEAN has a maximum token supply of 1,410,000,000 tokens; out of which, 613,099,141 OCEAN Tokens are already in circulation (which is around 43% of the total supply). The following are the primary use cases of OCEAN tokens:

• Users can stake the tokens to earn passive rewards.
• OCEAN token is the basic unit of exchange on the Ocean market where the users can buy and sell data using the OCEAN token.
• Being the governance token, OCEAN allows its holders to participate in the voting processes to govern the platform.

Considering the use cases of Ocean Protocol, it appears to be a good investment option.

Will Ocean Protocol Reach $10?

Ocean Protocol needs to grow by 25.64 times its current price to reach a price level of $10.

Note that Ocean Token reached its all-time high price of $1.75 in April 2021, growing by 5.46 times in just four months (i.e., from the lowest value of $0.32 in December 2020). Thus, it grew by around 1.36 times in one month.

Therefore, to reach $10, Ocean Protocol will require roughly 18.85 months (less than 2 years).

It might take slightly more than the calculated time depending on the market conditions. However, it is feasible for the Ocean token to reach $10 in the coming future.

Ocean Protocol Price Prediction 2023-30 (Aggregated)

• Ocean Protocol Price Prediction 2023 is $0.6
• Ocean Protocol Price Prediction 2025 is $1.3
• Ocean Protocol Price Prediction 2030 is $7.0

Ocean Protocol Price Prediction Today

Where to Buy OCEAN tokens?

OCEAN tokens can be purchased from various centralized and decentralized crypto exchanges such as Binance, KuCoin, Coinbase Exchange, Kraken, Bittrex, Gate.io, Huobi, Uniswap, and SushiSwap.

Also Read: Gala Price Prediction

~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.