Ankr (ANKR) Price Prediction 2023 to 2030, $1 on the Horizon

Ankr Network Current Price $0.030563328584 (2.52 INR)

Price Statistics

ANKR Price:                                 $0.030563328584 (2.52 INR)

ANKR Rank:                               159

Market Cap:                                $249,585,388 (20,595,911,010.45 INR)

Trading Volume:                       $28,649,880 (1,364,202,422.54 INR)

ANKR All-Time High:             $0.213513 (15.92 INR)

ANKR All-Time Low:               $0.00070728 (0.053400 INR)

What Is Ankr Network?

Ankr Network was established back in 2017 by Chandler Song (its CEO). The concept behind the development of Ankr was the creation of a conveniently accessible forum for the Web3 sector’s development. The platform is known as a cross-chain infrastructure based on blockchain with a DeFi forum that is devoted to dApp and staking development. It additionally hosts diverse protocols dealing with the sector of decentralized finance (DeFi) and decentralized applications (dApps).

Ankr’s vision was to provide an exclusive internet developed on distributed ledger technology (DLT) along with decentralized systems, protocols, and applications. In addition to this, the provision of security and privacy to the consumers are also the things focused on by the Ankr Network. The chief concept of Ankr is to eliminate the requirement of intermediaries and authorities.

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In this way, it offers great control as well as ownership to the network collaborators and consumers. Following the release of the Ankr mainnet back in 2019, the platform’s team of developers introduced a staking protocol named Stkr. The staking protocol permits customers to carry out staking with Ethereum to get aETH in return.

The respective token denotes the future gains on the balance that has been staked. In this way, the network members are offered rewards for their staking via the Stkr protocol. Consumers can similarly set up development nodes to develop decentralized applications on the platform. They can also utilize staking nodes to avail of staking services on the Web3 project.

Will It Reach $10?

$0.213513 (15.92 INR) is the all-time high value of ANKR. Since reaching that level, the token has been witnessing a decline in its price. Nonetheless, this does not indicate that its price cannot reach $10 because it has a limited supply of up to 10B tokens. Because of the finite supply of the token, it can turn into a fine investment opportunity in the future. The increase in demand can straightly pave the way for a price upsurge.

At the present price level of ANKR, it requires rising of nearly 500%. Nonetheless, this will additionally raise its cumulative market value to above $100 billion. Bitcoin’s market value at present is more than $350 billion. If the token sees a price rise of up to 25% per annum, it will take nearly 29 years to touch $10. However, if ANKR jumps by 50% every year, the coming 16 years will be sufficient for the token to reach $10.

Can the Price Touch $100?

To touch $100 in terms of price, there is a requirement for ANKR to rise by 3,500 times. In this way, it needs 847 months to cover the price distance up to $100.

Can ANKR Price Reach $1000?

Keeping in view that $100 is considered to be a hard target to be achieved by ANKR, $1000 appears to be impossible. Nonetheless, if the token supposedly rises by up to 50,000 times, it can reach the price level of $1000. In such a hypothetical scenario, 706 years would be required for the token to have a price of $1000 if it grows by 5.9 times per month. Hence, it cannot possibly touch the $1000 spot.

Ankr Network Price Prediction 2023-2030

The current price of ANKR is $0.030563328584 (2.52 INR). The trading volume of the token for the recent 24 hours is $28,649,880. It has witnessed a rise of 3.0575163983811735% in its price in the past 24 hours. Nonetheless, in the previous 7 days, it saw a 5.6071850671910495% price upsurge. The circulating supply of the token is 8.2B tokens. The present market capitalization of ANKR is $249,585,388.

Ankr Network Price Prediction for 2023

It is predicted that Ankr Network is to reach $0.0360 (29.71 INR) in the year 2023.

Ankr Network Price Prediction for 2025

By the year 2025, ANKR is anticipated to reach $0.0676 (5.58 INR).

Ankr Network Price Prediction for 2030

It is predicted that the price of ANKR will reach $0.276 (22.78 INR) by 2030.

FAQs

What Is Ankr Network?

Ankr Network provides infrastructure for the decentralized Web3 sector, letting developers develop decentralized applications (dApps) to operate in the Web3 ecosystem. The platform utilizes a Proof-of-Stake blockchain to enable consumers to stake their tokens (which are based on PoS blockchains). It also offers access to decentralized finance applications.

Will ANKR Recover or Rise?

Just like the rest of the crypto assets, ANKR has been showing extreme volatility in the previous year. Its recovery will rely on the overall crypto market’s recovery as well as the protocol’s wide-level adoption. As Web3 technology is getting more and more attention, Web3 developers are expected to come to the Network. Nonetheless, solely this factor cannot ensure the recovery of the platform. Hence, the entire crypto market’s recovery as well as the macroeconomic conditions will play a significant role in its recovery.

Where Can I Purchase ANKR Tokens?

The prominent centralized crypto exchange companies offer ANKR tokens. These entities take into account Coinhub, Hit BTC, Upbit, Bitvavo, Indodax, Tokocrypto, MEXC, Crypto.com, Gate.io, Huobi, Bybit, Gemini, Kraken, KuCoin, Coinbase, and Binance. The decentralized exchanges offering ANKR include Binance DEX, SushiSwap, PancakeSwap, and Uniswap.

Does ANKR Provide a Fine Investment Opportunity?

In line with the present macroeconomic factors and market conditions, by the year 2025’s denouement, the price of ANKR is anticipated to reach $0.0572 (47.20 INR). In the same vein, it can reach $0.264 (21.79 INR) by 2030’s end. It has the potential to get an all-time high price in the future.

How High Will ANKR Token Go?

According to the price prediction, the ANKR token can touch the $0.0360 (29.71 INR) spot by this year’s end. Nonetheless, several factors like the CPI Index inflation and liquidity can affect ANKR’s price in 2023. As the increase in the CPI Index has been relatively slow in comparison with the recent year, this provides a good sign for crypto tokens like ANKR for the coming months.