What Is the Ankr Price Prediction Today
AT A GLANCE
- In 2024, Ankr price is expected to reach $0.07949736330839514, according to some experts
- 2025 promises to be turbulent, with prices ranging from $0.005730704238491358 to $0.06011, with WalletInvestor predicting a breakthrough leading to a price rise to $0.06011
- By 2030, ANKR price can hit $0.07949736330839514
Ankr Fundamental Analysis
Project name
Ankr
Stock Symbol
ANKR
Current Price
0.0430880017931681
Current Supply
9760508298.42349
ROI Since Launch
549.2350558455657
Official Website
The Ankr network is bringing the great advantages of the sharing economy into the crypto space, and it has experienced some outstanding performance in 2021 so far. Just like today, it is possible to list a spare room online for guests to book and make some extra cash in the process, the Ankr project is doing exactly the same with cloud resources and computing power. Built on traditional blockchain architecture, it comes with a consensus mechanism and an incentive system that makes sure the networks are strong enough to support both retail and enterprise customers. Their Proof of Useful Work (POUW) mechanism guarantees the potential of distributed cloud computing by giving Ankr tokens ($ANKR) to those who secure the network and promote block propagation. In a similar way, as reputation systems are widely common in sharing economy platforms, Ankr ensures the legitimacy of its actors by filtering them based on node contributions and performance tests. Despite promoting a decentralized network of cloud resources, the project uses the Intel Software Guard Extension technology to achieve a higher security level by processing specific executions within the hardware. This highly decreases the chance of malicious actors joining the network and limits the number of supported users to run a verification node. Such an ambitious project requires a solid team of engineers and advisors that can help support the solutions it provides. It is no surprise that two of their founders had worked at Amazon developing Alexa Internet and Amazon Web Services, which gives them pioneering knowledge of cloud computing. Furthermore, other executives have worked for some of the best performing Silicon Valley companies and have all gathered at Ankr to merge their sound expertise and build a project that offers a very attractive on-demand solution able to help companies drastically reduce their costs.The Ankr’s approach to cloud services offers up to 80% cost savings for users, which is very attractive for businesses trying to optimize the expensive rates of other cloud service providers. Moreover, they have built very interesting partnerships with successful blockchains like Polkadot, Binance Smart Chain, and Harmony that will certainly bring more users on the board. In December 2020, they also launched Stkr, a decentralized ETH 2.0 staking solution that has staked nearly 50,000 ETH at the time of writing. These developments helped the impressive price run experienced by the Ankr token in March 2021, hitting an all-time high of $0.2135 and reaching an almost 10x increase in the span of a few weeks.
Ankr Live Price Chart
With Ankr's value ascending by over 2,500% in 2021 and 11,000% since its start, investors may consider what will occur next. Since March 2021, the Ankr coin forecast is bullish, gesturing towards a prolific Ankr future price based on its synchronic success. Thanks to its robust technology, significant market cap, and evolving cryptocurrency market momentum, it seems well-positioned to become one of the top-traded cryptocurrencies. Even the massive drop in May 2021 hasn't influence ANKR price significantly, which characterizes the ANKR coin as a sound long-term investment.
The ANKR token has seen an upsurge in use and demand lately as the Ankr project advances, rendering a stimulus for the price to continue climbing. Investors looking for low-cost crypto investments could find the ANKR token appealing as its price, like bitcoin’s, can also profit from scarcity.
At the moment, there are ten billion ANKR tokens in circulation, and the cumulative supply of the token is limited to 10 billion coins. The coin has reached its supply cap, which is not the best news for an investor since there's no chance to hop into the token as the supply cap approaches. However, one of the reasons behind the bitcoin price surge also lies in its shortage as most of the bitcoins have been mined, bringing the total supply of bitcoins closer to the 21 million coin cap.
ANKR Chartby TradingView
Ankr Technical Analysis
Despite the fact that 100% accurate technical analysis for Ankr cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ANKR buy-and-sell rating for selected timeframe. The summary for ANKR/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
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Ankr Price Prediction
Below we have collected the most reliable price projections for Ankr (ANKR) from popular forecast platforms.
Ankr Price Predictions Summary
Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$0.05354108
44%
44%
Buy
2026
$0.03521240
-23%
-23%
Sell
2027
$0.01223965
-66%
-66%
Sell
2030
$0.04555057
-13%
-13%
Sell
Ankr Price Prediction for 2024
As of the beginning of 2024, Ankr price predictions remain predominantly positive, with some analytics promising the price at about $0.05989, while TradingBeast even cites the possibility of the price reaching $0.06463 by the end of the year.
Potential ROI: 44% Buy
Ankr Price Prediction for 2025
In their Ankr price predictions for 2025, TradingBeast forecasts the coin’s price to go down to $0.03662 by December. Forecasting Ankr future, PricePrediction.net expects further decrease of its price, too, saying the Ankr price will reach ~$0.008187 by that time. On the contrary, WalletInvestor keeps predicting Ankr price growth, quoting prices around ~$0.06011 in 2025.
Potential ROI: -19% Sell
Ankr Price Prediction for 2026
Ankr price predictions for 2026 are still predominantly negative, with some analysts promising prices in the $0.003016–$0.02456 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.0723 in December 2026.
Potential ROI: -23% Sell
Ankr Price Prediction for 2027
Both PricePrediction.net and TradingBeast doubt that the Ankr market will grow in 2027, predicting the price drop to $0.02068 and $0.008187 by the end of the year respectively. Other Ankr price forecasts support the idea: WalletInvestor forecasts Ankr to fall down to $0.0148 by December 2027.
Potential ROI: -66% Sell
Ankr Price Prediction for 2030
Speaking of long-term Ankr price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Ankr price won’t grow further and, opposedly, will decline to $0.02901. PricePrediction.net’s price prediction for Ankr echoes with the projection of a downtrend to $0.003447. Despite this, TradingBeast’s vision remains positive, promising growth up to $0.07971.
Potential ROI: -13% Sell
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Author
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.
Summary
Ankr is a promising project that has achieved impressive milestones in a short span of time. Their native token has seen a huge price increase this year and it has attracted attention from users around the world. Their solution to expensive cloud services problems faced by multiple companies is very interesting and it is supported by a highly talented team of developers and executives. Despite facing giant competitors they have still managed to earn a reputable spot in the crypto space, and if they continue to build strategic partnerships and increase user adoption, they will begin a new era of success that could position them as the leading decentralized cloud service provider.
As it can be clear from the analysis cited above, Ankr (ANKR) projections are rather contradictory. There is no universal consensus either about positive or negative future ANKR price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Ankr projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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Disclaimer:This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
