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Ontology Price Prediction 2022-2030: How soon will ONT hit $10?

Ontology price

Ontology is a comparatively recent public blockchain that enables businesses with almost no cryptocurrency expertise to incorporate blockchain solutions into their operations. The Ontology network allows users to create public blockchains for various applications, getting the best from blockchain technology. With the capabilities for decentralized applications, the Ontology framework is positioned as a direct rival to Ethereum.

The live Ontology price today (23 March 2022) is $0.553790 USD with a 24-hour trading volume of $52,599,201 USD.  Ontology is up 3.10% in the last 24 hours. The current CoinMarketCap ranking is #134, with a live market cap of $484,704,826 USD. It has a circulating supply of 875,249,524 ONT coins and a max. supply of 1,000,000,000 ONT coins.

The Ontology framework includes two tokens: the Ontology (ONT) and Gas token (ONG). With the introduction of the Ontology MainNet in2018, the Ontology Token was launched, and it acts as a kind of remuneration for users to the network. More information on ONG may be found as you read this blog. On this Ontology price prediction, you will learn more about the coin’s fundamentals and follow a carefully analyzed ONT price prediction.

Evolution of Ontology

OnChain, a Chinese startup, developed the ONT network in 2017. The OnChain crew launched the platform led by specialists Erik Zhang, Jun Li, and Da Hongwei. OnChain is also recognized as the developer of the NEO blockchain.

Evolution of Ontology

Ontology Overview

Ontology Overview
CoinSymbolPriceMarketcapChangeLast 24hSupplyVolume (24h)
ontology
Ontology
ONT
ONT$ 0.273382$ 239.08 M2.97%875.25 M$ 16.22 M
Ontology Price Prediction 2022-2030: How soon will ONT hit $10? 1
Source: CoinMarketCap

ONT Price Prediction History

Collaboration with the government

The network was created to allow companies to use blockchain technology without requiring significant modifications to their existing systems. The creators intended to ease the process of incorporating blockchain technology and make blockchain usage accessible to everyone.

No ICO

ICOs are the most popular way for new blockchain companies like Ontology to raise money. This platform, however, did not hold an ICO. Instead, the creators distributed ONT tokens for free (a practice known as “airdropping” in the crypto industry) to anybody who signed up for their weekly newsletters.

Collaboration with NEO

Because the same firm that created Ontology also created the NEO blockchain, they thought it would be good to link the two. They accomplished it by enlisting the assistance of the NEO community to promote Ontology and increase its acceptance. As a result, they distributed free ONT tokens to all NEO holders at the launch.

Collaboration with NEO

Primary applications of Ontology

Because Ontology has a dual-system system, its primary currency is the Ontology Token, abbreviated ONT. The ONT first went up for sale in the cryptocurrency market in the 1st quarter of 2018, and its supply will never exceed one billion coins. The rationale behind the one-billion-dollar limit is unclear. Nevertheless, it is thought that ONT was built primarily for private purposes and that ONT and NEO are intended to operate like slices of a shared tech stack.

Ontology- A Decentralized Identity Framework and its Wide Applications

Furthermore, several properties are reserved for the foundation, innovators, and fintech organizations. Because Ontology collaborated with the far more prominent NEO blockchain, the value of ONT has risen since its original introduction. Its price at the moment of the launch was a bit more than $2.50.

NEO Blockchain is a supporter of this innovation.

What is the ONT Coin?

The web demonstrates that the Ontology framework is targeted at the general public to prevent obstacles between the finance firm and the blockchain. The franchise sector may utilize Ontology and blockchain technologies with no prior understanding of shared networks.

Upon the Chinese’s creation of Ontology in 2017, there are still no methods for companies to incorporate blockchain into initial structures with no significant blockchain expertise.

In addition, the existing trust platforms suffer a lot of challenges. Blockchain capacities: Secured data value, ineffective identification, and inadequate privacy security.

Fundamental analyses

Mainnet was just launched, and work on the NFT platform, and wallet improvements have begun. New collaborations are gaining traction. Staking and coin economy — Provision of 1,000mn ONT and ONG, with an ONT current circulation rate of about 63 percent and a market cap of $800 million. Its current price is $0.914. it has a trading volume of $108million while its circulating supply is 875 million ONT.

A buyback from the open market was just completed. There have been no burning incidents, and the supply is constant. Staking generates the ONG utility coin, which is transferable and then used to pay the gas charge.

Overall, the analyst believes that ONT/BTC has broken through a critical level; a retest is likely to affirm an S/R flip, enabling a retreat entry.

Ontology Technical Analysis

Ontology is now trading at $0.553. The four-hour chart analysis is bullish. MACD charts show low price momentum, macd and signal line are crisscrossing and may not accurately forecast price direction.

Ontology Price Prediction 2022-2030: How soon will ONT hit $10? 2

William’s alligator trading signals show the alligator is currently feeding in an upward direction. The position of the alligator’s lip -green is above the teeth – red and jaw- blue. The three signals are separated. The trend is likely to remain bullish.

Ontology Price Prediction 2022-2030: How soon will ONT hit $10? 3

Trading signals are not fail-proof. Virtual currencies are highly volatile, and prices could abruptly change trends without notice.

Ontology Price Prediction 2022 – 2030

WalletInvestor

This month will end with Ontology selling at an average price of $0.520, a maximum of $0.555, and a minimum of $0.485. The Ontology price will range between $0.483 and $0.569 for the next 14 days. May and June will register the highest prices for the year at about $2.5. December will end with a mean price of $0.846, a maximum of $1.891, and a minimum of $0.000001. In 2023 it will average between a minimum of $2.909 and a maximum of $0.703. Prices will stabilize at  $3 in 2025. The price will continue to test new limits in 2026 and 2027 at $5 and $6.

CoinPriceForecast

According to CoinPriceForecast, the year will end with Ontology selling for $0.9. The price will reach $1 in mid-2023. The prices will continue to rise for the next period of 7 years, with each year closing higher than the last except for 2031, when the price will sell at $2.02. The price will reach $2 in 2029. 

DigitalCoin

Prices will average $0.72 this year, with a maximum of $0.67 and a minimum of $0.77. Prices will be continuously bullish for the next ten years. In 2023 Ontology will trade at an average price of $0.83. Prices will test at $1.01 in 2024 and stabilize at $1.07 in 2025. 

Cryptopolitan

Ontology Price Prediction 2022-2030: How soon will ONT hit $10? 4
Ontology Price Prediction 2022-2030: How soon will ONT hit $10? 5

Note: All prices in USD.

Ontology Price Prediction 2022

Trade volumes for ontology are high, which will help push the price of Ontology. The coin will trade at a minimum price of $0.65, a maximum of $0.79, and an average of $0.68.

Ontology Price Prediction 2023

In 2023 Ontology will trade above the $1 mark provided virtual currencies don’t get volatile. Prices will average $1.030 and trade s high as $1.15.

Ontology Price Prediction 2024

The positive momentum will likely push the price to $1.49, a 50% increase. Ontology price will range between $1.7 and $1.43.

Ontology Price Prediction 2025

More technological innovations in the space will see Ontology reach and stabilize above $2. Prices will trade at an average price of $2.12, a maximum of $2.46, and a minimum of $2.04

Ontology Price Prediction 2026

In 2026 Ontology will have established itself as one of the top-ranking blockchains. Prices will trade between $3.52 and $3.11 and average $3.0

Ontology Price Prediction 2027

Ontology price will hit the $4 mark and trade at a mean of $4.35. Prices will range between $4.22 and $5.35.

Ontology Price Prediction 2028 

New partnerships and integrations into the Ontology network will help it reach $7.

Ontology Price Prediction 2029

In 2029 the price of Ontology will hit  $9.25, trading between a maximum price of $10.94 and a minimum price of $8.55.

Ontology Price Prediction 2030

By 2030 Ontology will have established many use cases and hold seamless transactions with low fees. This will push the price to double digits of $12 and $13

Ontology Price Predictions by Industry Influencers

Earlier this month, Ontology launched its Ethereum virtual machine into the mainnet. This will enable cross-chain operability between Ontology and Ethereum network. Ontology announced a $10M fund for developers creating dAPPs on ontology during the launch.

Wing Finance congratulated Ontology for the move, which will help Wing finance to extend its lending services into the Ethereum Virtual Machine.

As we migrate to Web3 we have an opportunity to create a safer, fairer, more decentralized internet. By launching our EVM, Ontology is contributing to this vision by increasing cross-chain interoperability, as well as expanding our decentralized identity solutions to mainstream developers within EVM-based ecosystems through our EVM Fund. The fund hopes to contribute to the creation of a decentralized, secure, and fully interoperable metaverse. For this reason, it will put a specific focus on metaverse and Web3 projects. The Ethereum network is an essential connection for Ontology given its extensive support of smart contract creation and decentralized application development, not least its position as a leader within the DeFi space and its extensive portfolio of world-class developers.

LiJun, Ontology Founder

This move will increase utility for its coins and attract more volume from the EVM integration. This will likely lead to investors consolidating more Ontology tokens, which will push Ontology’s price higher.

Conclusion

Ontology is an excellent project with a vision to create a next-gen block with trust, security, and privacy as its core values. The recent partnership with Ethereum will widen Ontology’s scope and increase utility for its ONT coin and ONG token. Ontology enthusiasts stand to gain the most. The price of Ontology will see its price soar to record highs in coming years. Even though experts forecasts ONT cryptocurrency price scaling a peak of $5, with multiple developments on technology, it would be safer to bet it at a maximum price of $3 – $5 in the upcoming couple of years to play safe.

FAQS about Ontology

Is Ontology a good Investment?

Ontology is a good investment, with forecasts showing 100% returns in two years.

Where can I buy Ontology?

You can buy Ontology in Binance, gate.io, Bithumb, KuCoin, Bittrex, HitBTC, CEX.io, and Huobi Global virtual currency exchanges.

Will Ontology prices rise or fall?

Ontology prices will continue to rise.

Which wallets can store Ontology?

Onto wallet, ledger wallet, and Trust wallet can store Ontology.

Will Ontology prices hit $10?

Ontology price will reach $10 in 2029; the price will stabilize at that price in 2030.

How much will Ontology cost 10 years from now?

Ontology will trade at $20 in 10 years from 2022.

What factors influence the price of Ontology?

Like that of any asset, ONT’s price movement is determined by supply and demand. Important events like Ontology halvings may have an impact on these processes. Regulations, corporate and government adoption, crypto exchange cheats, and other real-world events may all affect the price of ONT.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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