Is ONT (Ontology) Rising?

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 Ontology framework includes two tokens: the Ontology (ONT) and the Gas token (ONG). With the introduction of the Ontology MainNet in 2018, the Ontology Token was launched, and it acts as a kind of remuneration for users of the network.

Currently, the price of ONT is trading at about $0.1604, with a market capitalization of $140,383,647, according to data from Coinmarketcap. There are presently about 875,249,524 ONT tokens in circulation, which accounts for about 88% of the maximum supply.

Why is ONT rising?

Fast-forwarding to 2023 wallets such as ONTOWallet and providing the gateway to all things Web3! With much enthusiasm and backup from the $ONT community, Ontology Price Prediction is bound to be bullish.

Earlier this year, 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.

This move will increase the utility of 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.

Ontology Price Prediction by Wallet Investor

According to Wallet Investor, the ONT token is a bad long-term investment. According to them, the coin is expected to be worth $0.02075 in one year. In five years, the ONT token will likely devalue by 92.486%.

Cryptopolitan Price Prediction

2023 Ontology is predicted to reach a maximum price of $0.29, a minimum of $0.24, and an average of $0.25.  2025 Ontology is expected to reach a minimum of $0.51, an average of $0.52 and a maximum of $0.59 in 2025.  2030 Ontology will reach a maximum price of $3.71, a minimum of $3.05, and an average of $3.14.

Is the Ontology (ONT) coin worth my investment?

Yes, the Ontology price will rise, and it will be a solid investment, according to our price projection and technical analysis.

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