This Ontology price prediction shows that the opinion of respected crypto experts and technical-based analysis combined predict that the long-term forecast of the Ontology platform and its native token of ONT has the potential to reach anywhere up to and over $3 between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy ONT Coin.
Table of Contents
News about Ontology
- Ontology presents its decentralized digital identity application
- Ontology, A Blockchain For Decentralized Identity And Data
As the benefits of cryptocurrency and the blockchain become increasingly well known, many people who might have previously disregarded crypto have now begun to invest or utilize decentralized finance to their advantage. However, for some, that’s easier said than done.
For businesses especially, shifting from conventional finance to the world of crypto can be daunting and many don’t know where to begin. To make the transition easier, a few dedicated blockchain projects have sprung up. One of the most promising is called Ontology.
The Ontology mission is to give companies with little knowledge of the blockchain the chance to get involved and integrate this incredible technology into their business model. Users have the ability to customize public blockchains for different types of apps and get the most benefit out of blockchain technology.
As a result, it has seen a very positive price journey in recent months. But are you wondering if it’s too late to start investing in Ontology? You’re not alone, many people are curious about whether investing now is a good idea. I was one of those people until I began to use a range of factors to research the future price of Ontology such as:
- Price history
- The latest legislation
- Prediction strategies
- Expert analysis
- New investors
By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in Ontology. For example, statistics from the leading trading platform of eToro tell us that sales have skyrocketed in the past few months, demonstrating that demand for this coin is very high.
But what does the future hold for investors who get on board now? Will it rise even further? Our Ontology price prediction aims to answer all. But first, let’s start with just what this blockchain platform is and how it works.
What is the Ontology Network?
A relatively new addition to the crypto world, the Ontology platform can trace its roots back to 2017 when it was created by a China-based firm called OnChain which also founded the NEO blockchain. The OnChain company is headed by Erik Zhang, Jun Li, and Da HongFei.
Put simply, the Ontology mission was to provide businesses the opportunity to easily integrate their existing business model with blockchain technology without having to make extreme changes to their systems. By doing so, Ontology hoped to make the integration of blockchain more straightforward and subsequently make the benefits of the technology available for all.
Like many crypto projects, Ontology is home to its own native token. But the platform is unique in the sense that it is a dual-token network. The Ontology Token (ONT) is its main native currency and is capped at a finite supply of 1 billion coins. Thanks to Ontology’s partnership with the very popular blockchain of NEO, the value of ONT has seen tremendous growth in recent years.
Pros and cons of Ontology
Like any decentralized project, Ontology and its native token of ONT have their fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of the platform.
Pros | Cons |
✔️ Allows businesses of all sizes and knowledge levels to get involved with blockchain technology. | ❌ The platform is based in China which is one of the strictest nations for crypto regulation. |
✔️ Applies to unlimited industries and sectors giving it huge potential. | |
✔️ It allows the digital economy to connect with the real-world economy across multiple blockchains. |
Ontology FAQ
Do you still have questions about Ontology and its native token of ONT? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about the Ontology platform to give you a better understanding of the original digital asset and its price potential.
Who uses Ontology?
The Ontology platform is designed for businesses who wish to integrate blockchain technology in their operations in a simple, safe, and effective manner. It is also utilized by people seeking to speculate on the value of ONT and ideally gain a return on their investment.
How does Ontology (ONT) gain value?
Like most cryptocurrencies, the value of ONT is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to its innovative nature and continuous growth of significant partnerships with businesses looking to integrate with blockchain technology, support for Ontology is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value will likely grow in sync.
Can ONT reach $5 per token?
Based on its recent price surges and innovative nature of being a platform with a growing userbase looking to transition into blockchain technology, many experts have predicted the price to rise between $2 to $3 per token by 2025. So it’s possible that the native token of Ontology could reach $5 per token, but this would be in the long term.
Where do people buy, sell, and trade the native token of Ontology?
Experienced crypto users can buy, sell, and trade ONT from several crypto exchanges. However, if you are a new investor, then we suggest using a brokerage like eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.
Expert analysis of the Ontology price potential
One of the best tools we can use to try and determine the potential future price of Ontology is to analyze the opinions of various crypto experts. Let’s delve into three estimated growth outlooks for various industry experts and analysts.
WalletInvestor
WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. When it comes to the native ONT token of Ontology, they are bullish. Over the long term, WalletInvestor predicts that the price could reach somewhere around $1.30 by the end of this year and $2.24 by the end of 2025.
DigitalCoinPrice
DigitalCoinPrice is fairly bullish on its ONT outlook and expects the price to gradually increase over the long term. DigitalCoinPrice predicts it to reach $1.55 by the end of 2021, $2.14 by the end of 2023, and finally, a figure of $3.04 by 2025.
LongForecast
Another rather bullish expert analysis on ONT is LongForecast. They predict the price of Ontology in 2021 to potentially reach up to $1.33 by the end of the year. By the end of 2023, they expect it to reach $1.86. By 2025, they expect the price to reach a nice clean number of $2.
So from well over its current $1 mark in the short term and up to $3 in the long term, the overall expert analysis on the future price of Ontology is overwhelmingly bullish with some potentially lucrative returns in store for investors. But what does the technical analysis tell us about the price potential of this innovative blockchain asset?
Technical analysis of the Ontology price potential
Now we move on to technical analysis to try and predict the future price of ONT. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.
Ontology Price Prediction 2021 – 2022
Since the beginning of 2021, the price of Ontology skyrocketed by 126% from $0.44 to its current price of $1. It’s predicted that the ONT price will rise an additional 33% in the second half of 2021 and it’s then expected to close the year at $1.33. A year-to-year change of +200%.
Ontology Price Prediction 2022 – 2023
After starting the year at $1.33, it’s predicted that the price of ONT will see a slight price drop to $1.21 per token in the first half of 2022, it’s then expected to gain $0.08 and finish the year at $1.29, which is a +29% gain on the current price.
Ontology Price Prediction 2023 – 2024
After starting 2023 at $1.29, ONT is expected to rise to a figure of $1.58 midway through the year before going on the rise again and ending the year at $1.86 at an overall annual increase of 85% from the current price.
Ontology Price Prediction 2024 – 2025
After starting 2024 at $1.86, Ontologyis expected to see a slight price drop to $1.77 halfway through the year. But is then expected to go on the rise again in the second half of 2024 and end the year at a price of $2. That’s an overall annual increase of 99% on the current price.
Conclusion
In summary, Ontology is a welcome addition to the cryptocurrency space that allows businesses to integrate themselves with the blockchain and reap the numerous benefits of this incredible technology.
Safe, secure, and highly regulated, it has proved to be a popular asset for businesses and new investors alike. Technical analysis and expert opinion both align to predict a potentially bright future ahead for Ontology and its native token of ONT.
Whilst many people can see the significant potential in Ontology, there is a significant number of people who are wondering where to invest in this innovative investment for the long term. The answer lies in a reputable and well-established trading exchange with access to vital trading tools like eToro.
Where to buy Ontology?
When it comes to investing in cryptocurrency, major exchanges are better reserved for the more experienced trader. For beginners, it’s recommended to use a trusted brokerage like eToro. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading.
What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on crypto. This allows you to multiply small amounts to become large powerful positions that drive massive profits.
Overall, the financial situation, risk tolerance, and investment strategy of each person vary. Crypto is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.
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Disclaimer – This content is for informational purposes only and is not investment advice. The trading of crypto and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.