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Key takeaways:
While the Serum decentralized exchange went defunct, its native token remains on the Solana blockchain and is listed on Bybit, Kraken, Gate.io, MEXC, and HTX exchanges.
For the uninitiated, the Serum DEX became defunct after its backers, Alameda Research and the FTX exchange, collapsed in November 2022. The platforms, social media platforms, and website have since gone silent.
| Cryptocurrency | Serum |
| Ticker | SRM |
| Current price | $0.03069 |
| Market cap | $18,562,024 |
| Trading volume | $790,683 |
| Circulating supply | $263,244,669 |
| All-time high | $13.72 on Sep 11, 2021 |
| All-time low | $0.02639 on Jul 5, 2024 |
| 24-hour high | $0.03119 |
| 24-hour low | $0.03023 |
| Metric | Value |
| Volatility (30-day variation) | 4.34% |
| 50-day SMA | $0.032 |
| 200-day SMA | $0.045 |
| Sentiment | Bearish |
| Fear and greed index | 26 (Fear) |
| Green days | 14/30 (47%) |
As of the time of writing (August 21), SRM’s price had risen by 1.68% over the past 24 hours, trading at approximately $0.0309. The cryptocurrency had a market capitalization of $8 million and a trading volume of $790,532. It’s trading volume had droped by 3.43%.
Investors remain unfazed by Serum’s exchange demise and continue to trade the coin, with some lacing their hopes 0f over 2X gains as seen earlier in the year. At current levels, SRM trades at its lowest level since inception.
The attached Tradingview chart shows that Serum has been consolidating within a narrow range over the past two months, suggesting bullish catalysts may nullify sell-off attempts.
Bears managed to drive the price below the $0.04 psychological support level over the period. Still, SRM bulls have established a strong buy-wall, preventing another bearish break-out. This consolidation and stability around $0.03 could indicate the potential for an incoming breakout.
| Period | Value ($) | Action |
| SMA 3 | 0.03128 | SELL |
| SMA 5 | 0.03131 | SELL |
| SMA 10 | 0.03163 | SELL |
| SMA 21 | 0.03195 | SELL |
| SMA 50 | 0.03201 | SELL |
| SMA 100 | 0.03536 | SELL |
| SMA 200 | 0.04518 | SELL |
| Period | Value ($) | Action |
| EMA 3 | 0.03154 | SELL |
| EMA 5 | 0.03174 | SELL |
| EMA 10 | 0.03191 | SELL |
| EMA 21 | 0.03198 | SELL |
| EMA 50 | 0.03293 | SELL |
| EMA 100 | 0.03643 | SELL |
| EMA 200 | 0.04558 | SELL |
The combination of technical indicators and chart analysis suggests that Serum is bearish but is currently gearing up for a breakout beyond support and resistance.
Moreover, the William Alligator trendlines, which measure volatility, are tightening, indicating reduced price movement. This often precedes a significant breakout.
SRM has so far performed poorly as it continues to register lower lows and lower highs, however looking at its history, it still holds the potential to double its value, especially when the general market sentiment is bullish.
SRM is trading at its lowest this year; the drop in SRM value could be attributed to the collapse of the Serum exchange.
Serum holds the potential for a bull run in the right market conditions.
According to the Cryptopolitan price prediction, SRM will cross the $0.05 mark in 2025.
According to the Cryptopolitan price prediction, SRM will reach $0.1 in 2027, with a maximum price of $0.1376 for the year.
It remains highly unlikely that SRM will cross the $1 mark before 2030.
According to Cryptopolitan price predictions, SRM will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
A quick fundamental analysis shows that the Serum exchange page is inactive, with all prior posts deleted. The exchange leads to a 404 error; however, the platform’s Telegram, Github and medium pages are accessible.
For August, SRM will trade between $0.030 and $0.039, with an average price of $0.0307.
| Month | Potential low ($) | Potential average ($) | Potential high ($) |
| August | 0.0300 | 0.03073 | 0.0390 |
As the second half of 2024 unfolds, we anticipate it will trade between $0.03 and $0.0399, with an average price of $0.0367.
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2024 | $0.0300 | $0.0367 | $0.0399 |
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2025 | $0.0534 | $0.0548 | $0.0622 |
| 2026 | $0.0785 | $0.0812 | $0.0915 |
| 2027 | $0.1117 | $0.1158 | $0.1376 |
| 2028 | $0.1702 | $0.1749 | $0.1995 |
| 2029 | $0.2503 | $0.2590 | $0.2900 |
| 2030 | $0.3671 | $0.3801 | $0.4416 |
The Serum price prediction for 2025 is a high of $0.0622. It will reach a minimum price of $0.0534 and an average price of $0.0548.
The Serum price forecast shows it will range between $0.0785 and $0.0915, with an average price of $0.0812.
Serum price prediction climbs even higher into 2027. According to the predictions, it will range between $0.1117 and $0.1376, with an average price of $0.1158.
Our Serum price prediction indicates a further acceleration in the price. It will trade between $0.1702 and $0.1995 and have an average of $0.1749.
According to the SRM coin price prediction for 2029, the price of SRM will range from a minimum price of $0.2503 to a maximum price of $0.2900. The average price will be $0.2590.
According to the Serum price prediction for 2030, SRM price will range from $0.3671 to $0.4416, with an average price of $0.3801.
| Firm | 2024 | 2025 | 2026 |
| Digitalcoinprice | $0.0616 | $0.0753 | $0.10 |
| Swapspace | $0.02780 | 0.02080 | 0.01537 |
| Gate.io | $0.03073 | $0.03656 | $0.04004 |
Our predictions show that Serum will achieve a high level of $0.0399 in 2024. In 2025, it will range between $0.0534 and $0.0622, with an average price of $0.0548. In 2030, it will range between $0.3671 and $0.4416, with an average of $0.3801. Note the predictions are not investment advice. Seek independent consultation or do your research.
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