Ontology Price Prediction 2022-2030: How soon will ONT hit $10?

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 Gas token (ONG). With the introduction of the Ontology MainNet in2018, the Ontology Token was launched, and it acts as a kind of remuneration for users to the network. More information on ONG may be found as you read this blog. On this Ontology price prediction, you will learn more about the coin’s fundamentals and follow a carefully analyzed ONT price prediction.

Today’s Ontology price is $0.272325 with a 24-hour trading volume of $28,626,380. Ontology is down 4.96% in the last 24 hours. The current CoinMarketCap ranking is #130, with a live market cap of $238,351,927 USD. It has a circulating supply of 875,249,524 ONT coins and a max. supply of 1,000,000,000 ONT coins.

Evolution of Ontology

OnChain, a Chinese startup, developed the ONT network in 2017. The OnChain crew launched the platform led by specialists Erik Zhang, Jun Li, and Da Hongwei. OnChain is also recognized as the developer of the NEO blockchain.

Ontology Overview

ONT Price Prediction History

Collaboration with the government

The network was created to allow companies to use blockchain technology without requiring significant modifications to their existing systems. The creators intended to ease the process of incorporating blockchain technology and make blockchain usage accessible to everyone.

No ICO

ICOs are the most popular way for new blockchain companies like Ontology to raise money. This platform, however, did not hold an ICO. Instead, the creators distributed ONT tokens for free (a practice known as “airdropping” in the crypto industry) to anybody who signed up for their weekly newsletters.

Collaboration with NEO

Because the same firm that created Ontology also created the NEO blockchain, they thought it would be good to link the two. They accomplished it by enlisting the assistance of the NEO community to promote Ontology and increase its acceptance. As a result, they distributed free ONT tokens to all NEO holders at the launch.

Primary applications of Ontology

Because Ontology has a dual-system system, its primary currency is the Ontology Token, abbreviated ONT. The ONT first went up for sale in the cryptocurrency market in the 1st quarter of 2018, and its supply will never exceed one billion coins. The rationale behind the one-billion-dollar limit is unclear. Nevertheless, it is thought that ONT was built primarily for private purposes and that ONT and NEO are intended to operate like slices of a shared tech stack.

Furthermore, several properties are reserved for the foundation, innovators, and fintech organizations. Because Ontology collaborated with the far more prominent NEO blockchain, the value of ONT has risen since its original introduction. Its price at the moment of the launch was a bit more than $2.50.

What is the ONT Coin?

The web demonstrates that the Ontology framework is targeted at the general public to prevent obstacles between the finance firm and the blockchain. The franchise sector may utilize Ontology and blockchain technologies with no prior understanding of shared networks.

Upon the Chinese’s creation of Ontology in 2017, there are still no methods for companies to incorporate blockchain into initial structures with no significant blockchain expertise.

In addition, the existing trust platforms suffer a lot of challenges. Blockchain capacities: Secured data value, ineffective identification, and inadequate privacy security.

Fundamental analyses

Mainnet was just launched, and work on the NFT platform, and wallet improvements have begun. New collaborations are gaining traction. Staking and coin economy — Provision of 1,000mn ONT and ONG, with an ONT current circulation rate of about 63 percent and a market cap of $800 million. Its current price is $0.914. it has a trading volume of $108million while its circulating supply is 875 million ONT.

A buyback from the open market was just completed. There have been no burning incidents, and the supply is constant. Staking generates the ONG utility coin, which is transferable and then used to pay the gas charge.

Overall, the analyst believes that ONT/BTC has broken through a critical level; a retest is likely to affirm an S/R flip, enabling a retreat entry.

Ontology Technical Analysis

The Ontology price analysis has experienced a fluctuating movement in the last few days. However, with the volatility decreasing. Moreover, as the volatility closes, it makes the value of the cryptocurrency less volatile to change. As a result, the upper limit of the Bollinger’s band rests at $0.42, serving as the most substantial resistance for ONT. Contrariwise, the lower limit of the Bollinger’s band rests at $0.18, serving as the strongest support for ONT.

The ONT/USD price appears to be crossing over the Moving Average curve, displaying bullish momentum. However, the support and resistance are closing in, indicating decreasing volatility with massive chances of shifting towards a positive trend. Hence, the price moves upwards towards increasing characteristics.

The Relative Strength Index (RSI) score appears to be 39, showing the cryptocurrency’s stability. It falls in the undervalued region. However, the RSI score follows an increasing movement signifying an expanding market and gestures toward stable dynamics. The rising RSI score indicates selling activity inferior to buying activity.

The Ontology price analysis shows bearish momentum with bullish opportunities. Moreover, the bulls have shown their deterrence and might take control of the market soon for the long term as the market shows massive signs of any change. Therefore, according to this analysis, Ontology is expected to have a promising future, with the bulls taking the bears completely out of the picture.

Ontology Price Prediction 2022 – 2030

Digital Coin Price

The Ontology price projection for 2022 is $1.18 at Digitalcoin, while the Ontology price estimate for 2025 is $2.03. These forecasts imply increases of 70% and 193 percent, respectively. When the measures are added up, 13 indicate a sell strategy, six indicate a purchase strategy, and seven indicate neutral.

Trading Beasts

By the end of 2022, the price of Ontology might be as high as $1.14 or as low as $0.72. According to their average Ontology price projections over the next year, the ONT price might be $0.92.

Trading Beasts’ Ontology price prediction forecasters anticipate a 2022 cap of $1.14, which is almost 65 percent higher than the coin’s current trading value.

Price Predictions.net

Taking a longer look, PricePrediction.net now has the Ontology price estimate for 2030 at $23.44. The price objective for 2022 is the same as for Digitalcoin, however, the price forecast for 2025 is higher at $3.53.

Cryptopolitan

Ontology Price Prediction 2022

According to our in-depth technical analysis of historical ONT price data, the price of Ontology is expected to reach a minimum of $0.29 in 2022. With an average forecast price of $0.30, the ONT price may reach a maximum of $0.34.

Ontology Price Prediction 2023

In 2023, the price of the Ontology forecast is expected to reach a minimum of $0.42. Throughout 2023, the Ontology price might reach a maximum of $0.51, with an average price of $0.43.

Ontology Price Prediction 2024

According to the Ontology price forecast price and technical analysis, the price of Ontology will reach a minimum of $0.60 in 2024. With an average trading price of $0.61, the Ontology price equal to a maximum value of $0.72 is expected.

Ontology Price Prediction 2025

In 2025, the price of one Ontology is predicted to reach a minimum of $0.83. Throughout 2025, the ONT price might reach a maximum of $1.04, with an average price of $0.87.

Ontology Price Prediction 2026

In 2026, the lowest probable price for ontology is expected to be $1.20. According to our research, the ONT price might reach a high of $1.43, with an average anticipated price of $1.23.

Ontology Price Prediction 2027

According to our in-depth technical analysis of historical ONT price data, the price of Ontology is expected to be about $1.80 in 2027. With an average trading value of $1.86 in USD, the Ontology price may reach a maximum of $2.09.

Ontology Price Prediction 2028

According to the Ontology price projection and technical analysis, the ONT price is predicted to cross an average price level of $2.79 in 2028, with a minimum price value of $2.69 expected by the end of this year. Furthermore, ONT has a maximum price of $3.15.

Ontology Price Prediction 2029

According to the Ontology price projection and technical analysis, the ONT price is predicted to pass an average price level of $4.29 in 2029, with a minimum price value of $4.18 expected before the end of this year. Furthermore, ONT has a maximum price of $4.73.

Ontology Price Prediction 2030

According to the Ontology price projection and technical analysis, the ONT price is predicted to pass an average price level of $6.30 in 2030, with a minimum price value of $6.12 expected by the end of the current year. Furthermore, ONT has a maximum price of $7.09.

Ontology Price Predictions by Industry Influencers

Earlier this month, 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.

Wing Finance congratulated Ontology for the move, which will help Wing finance to extend its lending services into the Ethereum Virtual Machine.

As we migrate to Web3 we have an opportunity to create a safer, fairer, more decentralized internet. By launching our EVM, Ontology is contributing to this vision by increasing cross-chain interoperability, as well as expanding our decentralized identity solutions to mainstream developers within EVM-based ecosystems through our EVM Fund. The fund hopes to contribute to the creation of a decentralized, secure, and fully interoperable metaverse. For this reason, it will put a specific focus on metaverse and Web3 projects. The Ethereum network is an essential connection for Ontology given its extensive support of smart contract creation and decentralized application development, not least its position as a leader within the DeFi space and its extensive portfolio of world-class developers.

LiJun, Ontology Founder

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.

Conclusion

As you can see, the Ontology Coin team is pushing forward with advancements like sharding (a popular scalability solution being investigated by other projects like Ethereum to enhance a blockchain’s ability to scale or actually control mass usage), as well as multi and cross-chain blockchain solutions to truly unlock new value for businesses all over the world.

When combining analysts’ ONT price forecasts with chart analysis, the cryptocurrency appears to have relatively moderate returns.

Please keep in mind that this post is just intended to be informative and does not represent financial advice. Before investing, you should always conduct your own research and never invest money that you cannot afford to lose.

FAQs about Ontology

Is ONT worth investing in?

Yes, the Ontology price will rise, and it will be a solid investment, according to our price projection and technical analysis. The Ontology price is now about $0.6, but by December 2022, it will have increased.

What is Ont coin used for?

The staking tool is Ontology Coin (ONT), and the time and cost of staking, as well as the operational costs of the nodes, are considered inputs. Ontology Gas (ONG) is a value-anchoring toll mechanism for on-chain apps that makes on-chain transactions easier.

Where can I sell ONT?

Signing up for an altcoin exchange is the quickest method to sell ONT for Bitcoin or Ethereum, so you can cash out sooner. Due to their large volume and liquidity, Bitcoin and Ethereum are two of the most commonly acknowledged cryptocurrencies, making them simpler to access.

How to buy Ontology

Compare different cryptocurrency exchanges. A cryptocurrency exchange is the most convenient way to purchase Ontology. Create an account, which will need you to authenticate your identity and email address. Purchase Ontology after making a deposit.

How do I exchange Ont?

To begin, open ONTO and go to the “Assets” section. Then, in the token list, touch on ONT.

Step 2: To begin the swapping procedure, tap the swap symbol in the upper right corner.

Step 3: Tap “Swap now” after entering 1-9 integral numbers in the field.