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Ontology Partners with Google Cloud Network- Will ONT surge with a Bull Run?

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Highlights

    Ontology, a public blockchain provider is now an official Google Cloud Partner with three of its projects getting featured in the Google Cloud Partner program.

    With the partnership, ONT coin recorded a 10 percent growth with 27th rank in the Coinmarketcap rankings.

    As per reports, the ONT Token Coin has the capability to reach $100+ in the coming days.

Ontology Partners with Google’s Official Cloud Network

Ontology, well-known for its high-performance public blockchain network is now an official partner of Google cloud network. Google has featured Ontology’s three projects into its ecosystem which is anticipated to be a very crucial move. The projects include

  1. Ontology’s OGQ solution, which is a leading global social platform connecting the content creators with their followers. It also intends to protect content copyright ownership which will be based on Google’s Cloud infrastructure.
  1. Ontology’s Tech support for Kaiyun. It is a logistics service provider that focuses on urban transportation and deliveries. This project aims to provide an efficient and easy-to-use transport model.
  1. Ontology’s Goods Delivery Solution for LANXESS. It is a German chemical company integrated with Google’s Cloud Platform benefits, blockchain, and IoT technology.

How Will This Partnership Impact ONT Coin?

Partnership with crypto projects often pumps the price of the project. Concerning the same, a Twitter user points out that any coin when collaborating with a big company gets pumped up double than the current value. But as we can see the current market cap, there is only a 10-15 percent rise in the price of ONT.

The reasons can probably be that people are not sure about the partnership announcements as they have learned that it could be for a bull run of the coin. Or else, people have moved to other spaces in the crypto market.

Also read – ChainLink Price Analysis – LINK Price Stalled at $4 resistance

ONT Price Analysis and Prediction

At the time of reporting this, ONT coin is trading at $0.739 with nearly 13 -14 percent surge over the past 24Hrs. 

As per the chart of ONT, coin prices have not been fluctuating but the market cap has witnessed an increase gradually. 

According to K Crypto, he predicted a bull run for ONT coin. In a youtube video, he said that for a short term ONT is expected to reach $10 but considering the long term, the ONT coin price could possibly shoot up to $100 too. 

In a nutshell, ONT coin at present is valued in cents, but the partnership coils possibly set an uptrend for the coin in the coming days. Hence a little patience is needed to witness the performance of the coin, as the partnership could bring out some good news for the coin.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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