SOL price forecast
Its SOL token has jumped 3.3X in price in three weeks, as from $43 on August 15 to $145, at the time of filing of this report, as per CoinGecko. On the other hand, its market cap has grown from $14.6 billion to $42 billion in comparison to the $40.5 billion market cap of Dogecoin. Solana’s market cap is currently $21 billion short of the $63 billion market cap of XRP – the sixth largest cryptocurrency. However, according to experts, Solana’s speed to process transactions and lower cost is yet to be proven in the real world. According to its website, the average cost per transaction is $0.00025. “Solana is the fastest blockchain in the world and the fastest-growing ecosystem in crypto,” it said.
BTC price forecast
At the time of this writing, Bitcoin is trading at $51,700 after breaking $50,500. According to technical analysis and previous patterns, this price level was the last barrier to BTC’s bull run. Analysts predict big targets for the cryptocurrency, so now things look pretty bullish. Bitcoin’s path to $100k, according to them, faces very little resistance. This also makes the $5k move for ETH very likely. The double top pattern might indeed be forming in 2021.
LUNA price forecast
The LUNA coin price is currently experiencing a strong momentum, which can break past its previous resistance. Terra coin price is currently trading near $35, with an intraday gain of more than 10%. Terra coin has a ROI of more than 1235%, which has been extremely beneficial for retailers and investors. Recently, the bull trend has led to investors gaining more than 6X.
THETA price forecast
Decentralized peer-to-peer video delivery blockchain Theta Network continues to try to push its project. With this, investors are also hoping that the native token, THETA token, may also find its way through. Aside from recently partnering with one of the biggest mixed martial arts networks in the world, ONE Championship, Theta has more in store for its supporters. As a result, we can see consistency in the token’s price. As we’ve already laid out in CoinQuora’s THETA Price Prediction 2021, there are areas of resistance that the THETA token may find difficult to break out from. These are the 8.231 USD mark, the 10.124 USD mark, and the 13.262 USD mark.
ADA price forecast
In August 2021, Cardano became the 3rd largest Cryptocurrency. It has been one of the best performing cryptocurrencies in the top market cap. On 1st September 2021, ADA broke through $3 for the first time as it registered its all-time high. Recently Cardano Founder Charles Hoskinson teased a September network upgrade, Alonzo. The prospect of a software upgrade boosted Cardano and it climbed to its all-time high on 1st September.
This move of Cardano helped it surge as the investors flocked to more environmentally sustainable tokens. This year alone Cardano has registered a 1300% surge in its price.
Few Ongoing IEOs
CMN (Crypto Media Network) on Probit
CMN token is backed by the Crypto Media Network, which is devoted to releasing accurate and unbiased news about cryptocurrency products and market trends. In our belief in a decentralized world, we want to educate the crypto community with deep analysis, charts, interviews, and coverage in the most transparent way possible.
Snook is an online, multiplayer, “Snake”-like IO game. It’s riding the fastest growing trend in this segment – the “Play-to-earn” NFT game. OK, so this is hot! Great. But, what is it? The player’s snook-character in the game is a minted NFT. As the player advances in the game (by eating everything it can, avoiding and killing other snooks and taking their traits), she accrues achievements (e.g., traits and rare/difficult to get special skins). Blockchain and Crypto technologies make it possible for us to immutably record these achievements (think of it as a Blockchain/Crypto “barrel”). The game character/NFT can be accessed for future games or for commercial purposes, and under certain conditions provides financial incentives to the player.