Price Prediction

Origin Protocol Price Prediction, Will OGN Price hit $10 by 2022?

Written by: Elena R

Written by right arrow

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

  • author twitter

Dec 26, 2021

news-image

Crypto Street is widely recognized for its volatility and will probably remain the same. There are some protocols that aim to establish stability in space. Origin is one of such cryptocurrencies that thrives to bring crypto space to the mainstream. 

Advertisement

The protocol intends to bring DeFi and NFTs to the multitude. Further, through its own native token OGN, the platform seeks to offer various benefits. The protocol has enjoyed magnificent gains right through the year and Origin (OGN) price is expected to break previous records to reach new highs in 2022.

Is Origin Protocol a good investment? How much will it rally in the coming days?

Are you eager to invest in the project and wish to know more about the fundamentals and price forecast? You are at the right place. This article provides you with brief information regarding the Origin (OGN) price prediction for 2022 and beyond. 

Overview

CryptocurrencyOrigin Protocol
TokenOGN
Price$ 0.3369
Market cap$ 136,118,974.0000
Circulating Supply$ 0.0000
Trading Volume $ 0.0000
All time high$ 3.3500     April 8, 2021
All time low$ 0.1034     January 30, 2020

What is Origin (OGN) Protocol? 

Origin is a protocol for creating and sharing economy marketplaces by utilizing Ethereum blockchains. It empowers the developers and businesses to build decentralized marketplaces. It is a peer-to-peer network that allows participants to share goods and services. 

The central goal of the ERC-20 protocol is to eliminate the third party by using Ethreum’s blockchain and an Interplanetary File System. The protocol enables traders, builders and businesses to join and set up their marketplaces on the ETH mainnet. The unique platform is built to have lower transaction fees, superior accessibility, and more. 

However, the platform makes use of its native token OGN to offer rewards. Further, these rewards enable security to the network also function as the governance token. The platform has built up an NFT launchpad that includes distinct auction mechanics to improvise revenue. The launchpad also supports both credit cards and cryptocurrency. 

Origin Protocol (OGN) Fundamental Analysis:

Origin Protocol is a network that allows market participants to share goods and services through peer-to-peer networks. The platform leverages the Ethereum blockchain and Interplanetary File System for the creation of an extensive online market and eliminates the need for middlemen. Origin addresses the fundamental issues of online markets like transaction fees and transparency. 

Josh Fraser and Matthew Liu are the founders of Origin Protocol built the ecosystem in the virtue of providing hassle-free distributed systems where-in users can promote their products.  

The ecosystem has a wide and growing community of developers and holders. 

Co-founder Matthew Liu served as a product manager and a software engineer. He has accumulated great knowledge in the blockchain space. Further, he was a product manager at YouTube prior to co-founding the origin token along with Josh Fraser. Another Co-founder Josh Fraser served as a CTO for a reputed social networking platform. The dedicated team includes over 17 developers from more than 7 countries. 

Recent Updates of Origin Protocol: 

  • Origin dollar has collaborated with chainlink developers that executes functions depend on prescribed conditions.
  • The platform has its own stablecoin $OUSD, where users can earn high yields just by holding. Origin protocol has collaborated with Insurance protocol to fecilitate cost-efficient, secure, and robust DeFi insurance solutions to OUSD stablecoin holders. 

OGN Price Prediction 2022: 

OGN Price Prediction Q1 2022: The OGN price is expected to kickstart the year on a bullish note. Currently, the price is trading at its crucial bottoms, along with the generation of consequent higher lows the price would hit $1 by mid-Feb. However, if it undergoes a similar rally like 2021, the protocol is expected to hit $3.5 by late March. 

With community funding and collaborations, the crypto market looks back at OGN/USD to perform, claiming a level of $5, which looks quite optimistic. However, average buy and sell pressures would allow price to end up trade around $3.4 by the end of 2022.

OGN Price Prediction 2023: 

If any regulations or changes in governments across the globe, Origin (OGN) price may undergo tough days. If the protocol manages to find support around $3, traders will have enough time to invest in and earn profits. 

Price Prediction For Next 5 Years: 

In the next 5 years, the Origin Protocol could be ranked among the top 80 currencies and anticipated to record the higher market capitalization and the supply might be increased. The community might focus on certain events and collaborations with other projects to strengthen its platform. By the end of 5 years, the OGN price might hit as high as $10.

Origin Market Prediction:

1) DigitalCoinPrice:

According to DigitalCoinPrice, Origin’s (OGN) price could trade around $1.052 by the end of 2022. Further, the price may trade around $1.073 in 2023. However, by the end of 2025, the price may hit highs at $1.258.

2) Walletinvestor:

According to Walletinvestor, by the end of 2022, OGN could trade at a maximum price of $1.752 with an average price of $1.278, On the contrary, the price may plummet to $0.8056 by 2022. However, the OGN price would chug up to a maximum of $3.39. The average and minimum possibilities are being $2.42 and $2.9 by 2025. 

3) Priceprediction: 

According to Price prediction, by the end of 2022, OGN price could trade around with an average price of $0.96 and with an accelerated rally the price may also shoot up to $1.13 by 2022. However, the OGN price would chug up to a maximum of $3.43. The average and minimum possibilities are being $3.07 and $2.97 in 2025.

4) Gov.Capital: 

According to Gov.Capital, by the end of 2022, OGN could trade around with an average price of $2.24, and with an accelerated rally, the price may also shoot up to $2.549 by 2022. However, the Origin price would chug up to a maximum of $19.21. The average and minimum possibilities are being $16.70 and $14.199 by 2025. 

Our OGN Price Prediction

With a trading value of $0.1841, Origin (OGN) commenced in the year 2021. Later, the price consistently started to soar with good volatility.

According to Coinpedia’s formulated Origin (OGN) price prediction, it would reach its central goal of taking DeFi and NFTs to the mainstream. It is a possible reality because of the fact that OGN offers fast and cost-efficient transactions.

If the coin gains some hype in the coming months in this case, the OGN price can strike a high above $3 in Q1 2022 in the case of the supercycle.

Using the table below understand what is possible in terms of highs and lows.

Year.Potential High.Potential Low.
2022.$4.65.$1.85.
2023.$7.21.$4.56.
2025.$12.74$6.728.

Historic Market Sentiments

2020

Origin made its existence in the crypto market on 10 January 2020 with a lower trade value of $0.21 according to coinmarketcap. Later the price significantly soared to $0.39 by February and dramatically again surged to $0.51 by early March. As the market crashed due to the Covid-19 outbreak in mid-March, the currency drastically slumped to $0.16.

 Later the price remained stable with certain variations and surprisingly climbed to $0.39 by June declined to $0.24 after. Further with price inequalities, OGN again surged to $0.53 by mid-August and plunged to $0.10 by November. Later the price consistently started to drop and arrived at $0.11 by December to close the year 2020.

2021

The Origin (OGN) price started a 2021 rally with a slow and gradual rise. It hovered within a range-bound scale between $0.28 and $0.38 until late February. However, the asset has experienced an exponential rise of over 3000% surging from just $0.3474 to a new ATH of $3.39. Owing to the Chinese market turmoil on May 19th, the asset had undergone a series of bear cycles reaching $0.6452 on May 28th. 

In the entire second half, OGN price traded within the range-bound scale of $0.7 to $1.1. With a short supercycle, the asset reached its zenith at $1.4 in September. However, yet again financial crisis coming out of the Chinese market plummeted the price to bottoms of $0.741

FAQ

Can OGN be mined?

No, OGN is a non mineable cryptocurrency.

Is OGN an ERC-20 token?

Yes, OGN is an ERC-20 token.

Is it worthy to invest in OGN?

Yes, it is worth investing in OGN if you are planning for the long term.

Where to trade OGN?

OGN can be traded at the exchange platforms like Binance, Huobi Global, Bittrex, CoinDCX, VCC Exchange and many more.

Will OGN Price rise?

Yes, Origin Protocol (OGN) price will increase according to our predicted data in future.

Show More

Was this writing helpful? myImage dislikeimage

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Related Articles

Back to top button