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The post Anchor Protocol Price Prediction 2023, 2024, 2025: Will ANC Price Slice Through The $1 Mark? appeared first on Coinpedia Fintech News Anchor Protocol has been one of the […]
The post Anchor Protocol Price Prediction 2023, 2024, 2025: Will ANC Price Slice Through The $1 Mark? appeared first on Coinpedia Fintech News
Anchor Protocol has been one of the renowned projects in the crypto-verse. Terra’s yield-generating project continues to remain an ideal choice for borrowers and lenders for profitable gains. The Anchor Protocol has awarded 19.5% in rewards for investors, who had staked UST.
However, the recent de-peg event of UST has directly impacted ANC. So is this the right time to bag some ANC? Look no further, and dive in as we explore the plausible price predictions for 2023 and the years to come.
OverviewAnchor Protocol Price Prediction 2023 – 2030What Is Anchor Protocol?Anchor Protocol Price Prediction 2023ANC Price Prediction 2024Anchor Protocol (ANC) Price Prediction 2025CoinPedia’s ANC Price PredictionWhat Does The Market Say?Fundamental AnalysisAnchor Protocol Historical Market Sentiments 2021 – 2022FAQs
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CryptocurrencyAnchor ProtocolTokenANCUSD Price$0.1217Market cap$42,709,579Circulating Supply350,381,852.32 ANCTrading Volume$117,241,640All-time high$8.31 (March 19th, 2021)All-time low$0.05084 (May 13th, 2022)
*The statistics are from press time.
ANC Price Prediction 2023 – 2030
Anchor Protocol is a borrowing and lending protocol, which is built on the Terra Blockchain. It was the 29th project to join Binance Launchpool. The over-collateralization allows for borrowers to take out loans with their digital assets, earning interest in return. The Anchor Protocol offers up to 19.5% yield on stable coin deposits.
Whilst lenders can deposit their UST holdings and earn lucrative interests, while also benefitting from low volatility. On the other hand, borrowers can use their LUNA, (which is as collateral) as profit yielding assets, while holding control of it.
If the protocol grows in prominence, amidst the possible rise of Defis, and employs developmental and community-building initiatives. The results would reflect on the user base of the network, this could help build up the volumes of ANC. Further seeking impetus from notable adoptions and collaborations, the digital token could triumph the year with a new price tag.
The price of ANC might chug up to an annual high of $0.045. However, depressing factors such as financial crisis or regulatory concerns might slash the price to $0.0198. Successively, the lack of impetus could close the year at $0.0324.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20230.01980.03240.045
The Anchor Protocol might find an increase in collaborations and adoptions if the makers focus on making the platform more user-friendly and enterprise compliant. The positive sentiments could initiate a bull run in the industry.
In such a scenario, ANC’s price might soar as high as $0.0689. On the other hand, a prolonged bearish rule and ebbing positivity might lead to the token’s tumble to $0.0406. That said, the regular price could land at $0.0547.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20240.04060.05470.0689
By the end of 2025, the network could find the developments such as staking derivatives, fintech integration, and fiat on-ramps. Materializing, could moonshot the price to $0.0931.
Conversely, the possibility of a market-wide correction or ebbing stance of Anchor Protocol amidst growing competition. Might correct the price to a minimum of $0.0638. Consequently, factoring in the bullish and bearish targets, the average price could be at $0.0784.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20250.06380.07840.0931
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20260.08980.1070.12620270.1170.1380.15920280.1530.1750.19720290.1870.2140.24220300.2260.2620.298
Anchor Protocol Price Forecast 2026: According to our analysts, ANC coin price prediction for the year 2026 could range between $0.0898 to $0.126 and the average price of Anchor Protocol could be around $0.107.
ANC price prediction 2027: According to our analysts, Anchor Protocol price for the year 2027 could range between $0.117 to $0.159 and the average price of ANC could be around $0.138.
Anchor Protocol Prediction 2028: According to our analysts, ANC crypto prediction for the year 2028 could range between $0.153 to $0.197 and the average Anchor Protocol coin price could be around $0.175.
ANC coin price prediction 2029: According to our analysts, Anchor Protocol’s forecast for the year 2029 could range between $0.187 to $0.242 and the average ANC coin price could be around $0.214.
Anchor Protocol Price prediction 2030: According to our analysts, ANC predictions for the year 2030 could range between $0.226 to $0.298 and the average Anchor Protocol price could be around $0.262.
The Anchor Protocol is foreseen to welcome a wider audience, with its fundamental strengths and hold in decentralized payments. As per the formulated price prediction of CoinPedia, the price of ANC might take a flight to $0.045 by the annual trade closure of 2023. However, a downswing could knock the price down to $0.0198.
Firm Name202320242025Wallet Investor$0.0025$0.0029$0.0029priceprediction.net$0.034$0.048$0.072DigitalCoinPrice$0.048$0.053$0.079
*The aforementioned targets are the average targets set by the respective firms.
Anchor Protocol Exchange Rate
anchor protocol
The Anchor Protocol was launched in the March of 2021, by Terraform Labs, which was founded by Daniel Shin and Do Kwon. Prior to his move with Terra, Do Kwon was the CEO of Anyfi. Which is a startup that provides solutions for decentralized wireless mesh networking. Mr Kwon had previously also worked as a software engineer for Microsoft and Apple.
On the other hand, Mr Daniel had co-founded a South Korean e-commerce platform “Ticket Monster”. He has also co-founded “Fast Track Asia”, which is a start-up incubator, helping entrepreneurs raise completely functional companies.
The UI and easy-to-use functionality helps Anchor Protocol stand out from the crowd, with Compound and Aave as its prominent rivals. The aim of the network of bridging borrowers and lenders, whilst offering lucrative deals for both, accounts for its USP.
Anchor Protocol made its presence on March 17th, with a price tag of $3.47. As a number of marketers wanted to grab a deal, the price soared to its ATH of $8.31, by March 19th.
The price of ANC took a dip to $3.95 by the 4th of April, before climbing to $5.68 by April 15th. A treacherous crash in the market dragged the price of ANC by over 50% to $2.615 by the 25th of May.
August brought in much-needed relief, helping ANC close its trade for the month higher at $3.09. However, September was closed at $3.06.
After ranging sideways for the most part of October. November was a relatively bullish month, carrying forward the uptrend, ANC hit $4.43, by the 4th of December.
Concluding the year, the altcoin slipped down to $3.45.
The price of ANC had picked up at $3.44 on the 1st of January. Ranging to the south, the altcoin plunged to $2.7 by the 10th of January. The downtrend was further aggravated following the market-wide crash, which dragged the ANC’s price to $1.33 by the 28th of January.
Following uncertainties and FUD in the business, the crypto asset picked up steam on the 6th of February. Which helped it take ascend to $2.57 by the 6th of March. However, the growing dominance of sellers, called for a downswing to $2.509 by the 31st of March.
The total supply of ANC stands at 1,000,000,000 tokens.
The price of the altcoin might soar to a maximum of $0.045 by the end of 2023.
ANC could be a good investment for the long term. But presently, the digital asset has been sailing rough winds, coming from the UST depeg event.
The price of ANC might chug up to a maximum of $0.0931 by the end of 2025. With a potential surge the price may go as high as $0.298 by the end of 2030.
ANC can be traded across prominent cryptocurrency exchange platforms such as Binance, OKX, and KuCoin, amongst others.
