Cryptocurrency Price Prediction

Polkastarter Price Prediction 2022: Will The POLS Price Hit $5?

Written by: Elena R

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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.

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May 18, 2022

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 Interoperability has been emerging as an essential feature for newage DeFi startups and projects. Successively, projects from the crypto sphere have been leaving no stones unturned in achieving interoperability. Polkastarter is one of the foremost protocols, that enables raising capital in an interoperable and decentralized environment based on Polkadot.

Since its launch in 2020, Polkastarter has emerged as one of the known names around DEXs. As of date, the protocol has raised $48.5 M in capital and has funded a total of 108 ideas. With $730 M in projects market cap. Are you one of the many who are keen on investing in Polkastarter’s POLS? Look no further as this write-up decodes the plausible predictions for 2022 and the years to come!

Overview

CryptocurrencyPolkastarter
TokenPOLS
Price$
Market cap$ 46,036,605.0000
Circulating Supply 93,721,432.0000
Trading Volume $ 0.0000
All time high$ 7.5100 Feb 16, 2021
All time low$ 0.1165 Oct 29, 2020

Polkastarter (POLS) Price Prediction For 2022

Potential LowAverage PricePotential High
$1.251$1.53$1.849

  The crypto asset had commenced its trade for 2022, with a price tag of $2.741. After a 10% spike over the next 2 days, the price of POLS underwent a downswing. Which further worsened, following the market-wide liquidations. That slashed the price to $1.55 by the 22nd of January. After accumulating in the regions, the crypto asset picked up momentum to hit $1.943 by the 10th of February. 

But the fate had to meet the bears, as turmoil in the business prevailing from global tensions. Dragged the price to $1.106 by the 14th of March. Thereafter, an uptrend helped close the quarter at $1.651

Polkastarter’s (POLS) Price Prediction For Q2

  If the crypto asset manages to take a rebound from the oversold regions. Further seeking impetus from the buyers, the price could propel to its potential high of $0.961. Whilst regular trade pressures could land the price at $0.814. Conversely, continued bearish trends might knock the price to $0.573

POLS Forecast For Q3

  The price of POLS could munch on higher candles if the makers employ developmental and community building initiatives. In such a case, the price might escalate to $1.31 by the end of the quarter. In contrast, the lack of inertia might bring the price down to its minimum of $0.862. Constrained by linear momentum, the average price might settle at $1.09

Prediction Of POLS For Q4

  Polkastarter could probably take a flight to greater heights if it welcomes notable adoptions and collaborations. Wherefore, the price could hit its potential high of $1.849 by the end of the year’s trade. However, ebbing prominence and depleting volumes might slump the price to $1.251. Considering the bullish and bearish targets, the average price might settle at $1.53

Polkastarter’s Price Forecast For 2023

  The digital currency might accumulate momentum by attracting capital investors by providing an opportunity to access the new blockchains. In such a case, POLS might close the year with its cost as high as $3.910 by the end of 2023. On the other hand, if the protocol fails to adhere to its commitments, the price might stumble down to $1.789

Price Prediction Of POLS For 2024

 The growing yearn for decentralization, and the influx of fundings could bring Polkastarter to the limelight. The sprawling userbase of the protocol might help the digital asset soar to its annual high of $6.926. However, if the project fails to adhere to its expectations amidst emerging rivals. The price could take a fall to $3.738 by the end of 2024. 

Price Trajectory For 2025

  By the end of 2025, Polkastarter could be listed on many exchange platforms and may be ranked among the top 60 currencies. The community might integrate with certain projects and startups to facilitate its platform as well as its protocol. Materializing, the price might take a flight to $14.038. Conversely, the bear’s acquaintances might result in a slump in price to $6.691

YearPotential LowPotential High
2023$1.789$3.91
2024$3.738$6.926
2025$6.691$14.038

What Does The Market Say?

Wallet Investor:

  As per the forecast of Wallet investor. POLS could embark on a run to its potential high of $2.352 by the end of 2022. The analysts from the firm have pinned the maximum closing targets for 2023 and 2025 at $2.778 and $3.299 respectively. 

Digital Coin Price:

  The firm expects the altcoin to soar to a maximum of $0.91 by the end of 2022. The forecast has pinned the minimum and average targets for the year at $0.79 and $0.84. That said, the analysts from Digital Coin Price expect, the price of POLS to hit a maximum of $1.4 by the end of 2025. 

Priceprediction.net:

  According to the website, the price of the cryptocurrency might surge as high as $0.81 by the end of 2022. The firm believes a reversal in trend, might knock the price to $0.7. And a balance in trade pressures to land the price at $0.72. The analysts from the firm have set the maximum closing targets for 2025 at $2.69. 

Click here to read our price prediction of DigiByte!

What is Polkastarter (POLS)?

Polkastarter is a cross-chain decentralized exchange built on Polkadot for token pools and auctions. It delivers a decentralized platform for crowdfunding and acts as a launchpad for crypto projects to raise capital. The modernization behind Polkastarter includes the interoperability of Polkadot and the rigidity of Ethereum and other blockchains.

The ecosystem has its own utility token known as POLS. The token could be exploited for paying out transaction charges, governance, and liquidity mining. And enabling readiness to allow participation in POLS-holder pools only. The platform’s key goal is to facilitate fixed smart contracts. Which offer new projects to easily introduce liquidity pools that complete orders at a settled price. 

Fundamental Analysis

Polkastarter was co-founded by Daniel Stockhausen and Tiago Martins. In addition, the team behind the platform features people who are well-versed with 20+ years of combined experience in reputed tech firms. 

Danieal Stockhaus has completed his graduation in communication and media studies. He has previously gained an experience in e-commerce giant “LiGo”. Interestingly, the analyst accumulated huge knowledge in digital media content, while he was working as a digital media designer for Fitch. 

Another co-founder Tiago Martins, was the co-founder of Codeplace, a digital platform that serves knowledge related to the roots of web development. Additionally, he was a computer science professor who has profound knowledge in online education and product development.

Our Price Prediction

Polkastarter enables the cross-chain platform, the users, and the investors may rise in count in the near future. Further, the token is assumed to propel if it does not come across any hurdles. In such a scenario, POLS might close the year 2022 at $1.85. On the flip side, the price might tumble down to $1.2

Historical Market Sentiments

2020

Polkastarter entered the crypto world in September 2020 with a trading value of $0.28. Dramatically, the currency hit $0.86 by early October as it got listed on a number of exchange platforms. Interestingly, the token slipped to $0.35 within a few days of listing. 

The price further declined to as low as $0.13 by the end of October, due to massive selling pressures. With certain fluctuations, POLS started to recover and managed to reach $0.30 by the end of November. Further, the price resisted at $0.58 by mid-December, and the price gathered at $0.60 to conclude the year 2020.

2021

Polkastarter inaugurated the year 2021 at a trading value of $0.65. Further, the token steadily started to recover and incited an upward trajectory. Interestingly, Polkastar hit an all-time high of 7.51 on February 16th, 2021. As bears immediately took control over the market, the POLS price had a steady decline from $6.4 to reaching $2.4 in mid-April. 

In addition, the market turmoil coming out of the Chinese economy further plunged the price to $0.93. As the projection aggravated, the price of the altcoin hit the bottom at $0.814. Following this, the crypto asset inclined to $4.278 by the 6th of December. However, the crypto asset declined by 32% to close the year at $2.87.  

To read our price prediction of Ampleforth (AMPL) click here!

FAQ

Q: What is Cross-chain technology?

A: It is a technology that allows the transmission of value and information between different blockchain networks.

Q: What makes Polkastarter a unique currency?

A: Polkastarter is a unique currency as it includes the interoperability of Polkadot and liquidity of the Ethereum blockchain.

Q: Is it worth buying Polkastarter?

A: Yes, Polkastarter is worth buying for the long term as it would gain the attraction of the investors.

Q: Where to trade Polkastarter?

A: Polkastarter can be traded at exchanges like Bitmart, Huobi Global, OK Ex, Coin Ex, Hit BTC, and many more.

Q: How high could POLS trade by the end of 2022?

A: The price of POLS could trade as high as $1.849 by the end of 2022.

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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.

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