It seemed like yesterday when humanity was introduced to blockchain and cryptography technology for the first time. It has been over a decade since then, and these technologies have undergone unmatched evolution in this period. Blockchain is no longer limited to Bitcoin as there are several other applications of Blockchain and cryptography technology. With so many developments on this front, keeping track of what's new can be challenging. However, some developments catch the attention of almost every tech and, more specifically, crypto enthusiast. Non-Fungible Tokens, commonly known as NFTs, have been one of those significant developments in this field.
Consequently, new crypto platforms did not take long to spring up and capitalize on the increasing demand for NFTs. โซ่ Ethernity is also one of those crypto protocols that simplify NFT for everyone. But does that mean you should invest in the Ethernity Chain (ERN) Token? Only after determining what the future holds for the token. So continue reading better to understand the Ethernity Chain (ERN) Token.
Ethernity Chain (ERN) Token At a Glance
[รหัส wpdatatable=270]
Ethernity Chain: Overview
Ethernity Chain is one of many platforms in the market based on the เครือข่าย ERC-20. The platform was released in 2021 to make NFT trading more manageable and accessible to the masses. In addition, traders, investors, and enthusiasts can use the platform for auctioning authenticated NFTs that feature the work of leading artists.
Hence it is safe to say that Ethernity Chain is an NFT auction platform. But the catch here is that Ethernity Chain donates all its proceeds and profits to charity. Furthermore, as mentioned earlier, Ethernity Chain is based on the ERC-20 network, which means it needs to have its native currency. In this case, Ethernity Chain (ERN) Token is the native token of the Ethernity Chain network. For some reason, the Ethernity Chain network does not have any whitepaper, a very unnatural phenomenon in the crypto world. This might even be a concern for many potential traders and investors. One common confusion about the Ethernity Chain network is people tend to confuse it with Ethernity Cloud. But Ethernity Cloud is an entirely different project with its whitepaper.
Furthermore, the Ethernity Chain network is based on the ERC-20 network, meaning its native currency is a token, not a coin. But you might come across many referring to the currency as Ethernity Chain (ERN) Coin. You can ignore this, as it does not make much difference if the concept is clear in your head. Lastly, Nick Rose Ntertsas is the brain behind the conception of the Ethernity Chain network and the Ethernity Chain (ERN) Token. This is a good thing since Nick Rose Ntertsas is also a crypto investor and has been so for a long time.
Fundamental Value of Ethernity Chain (ERN) Token
With a better understanding of the Ethernity Chain Network, it is time better to understand the Ethernity Chain (ERN) Token. As you already know, Ethernity Chain (ERN) Token is the native token of the Ethernity Chain Network. Hence there are many ways traders use this token and derive some or the other kind of value from the same.
But before that, let's first check out the performance of Ethernity Chain (ERN) Token in the market. Ethernity Chain (ERN) Token holds a value of $1.74 as of August 2022, with a market cap of $27,375,091 and a 24-hour trading volume of $2,509,812. The token has been performing relatively well despite the adversities that came in 2022. So now, let's check how Ethernity Chain (ERN) Token holds a fundamental value.
เพิ่มสภาพคล่อง
Like most other crypto protocols with their native currency, even people can use Ethernity Chain (ERN) Token to add liquidity to liquidity pools. The more liquidity, the better the network will perform in the market. This further contributes to increasing the token's price in the market.
ประสบการณ์การซื้อขายที่ราบรื่น
Yes, you can use your Ethernity Chain (ERN) Token holdings and trade them in different crypto exchanges. This offers traders an excellent opportunity to generate attractive returns from the market. Additionally, the token's value increases with time making it an excellent option for trading.
การกำกับดูแลกิจการ
When someone owns a significant percentage of a specific token, it is natural for them to have a say in the network's future. Ethernity makes this possible as people with enough Ethernity Chain (ERN) Token holdings can be a part of the governance body of the platform. This means they can have their say in deciding the future of the platform and the entire Ethernity ecosystem. This section gives you a comprehensive idea about the fundamental value of the Ethernity Chain (ERN) Token. However, this information alone is not enough for you to make an informed investment decision. So continue reading as the following section gives you a glimpse into the past of Ethernity Chain (ERN) Token.
Ethernity Chain (ERN) Token Price History And Overview
The Ethernity Chain (ERN) Token was available on the open market for the first time in early March of 2021. The token was initially valued at $11, but this would not be the case for long. In addition, the market's bullish trend has attracted many traders, further fueling the demand for Ethernity Chain (ERN) Token.
It did not take long for the Ethernity Chain (ERN) Token to reach its all-time high value of $74.13 on the 27th of March 2021. But things never stay as they are in the crypto market, all thanks to the highly volatile market. As a result, the token's value began to decline steadily, and the conditions worsened further with the crypto day crash on the 19th of May 2021. But what's noteworthy here is how Ethernity Chain (ERN) Token responded to the days followed by the crash. Most major cryptos did not suffer much, but tokens like the Ethernity Chain (ERN) Token took a severe hit following June and July. The token's value reached a low of $3.12 on the 23rd of May, about a 75% decline from its pre-crash value, which stood at $12.14. But things started to change for the good once by August of 2021.
This was the period when Ethernity Chain (ERN) Token managed to exceed its pre-crash values once again, reaching $24.81 on the 21st of August 2021. But this was again followed by a decline in September when the token closed the month at $119.69.
There was a slight recovery the following month when Ethernity Chain (ERN) Token reached $11.92. By November 2021, they started to pick up the pace again, taking the token's value to $17.44 on the 3rd of November 2021. But the rise of the Omnicron variant of Covid again took its toll on the market, and the token's value dipped to $13.05. December only brought more bad news for Ethernity Chain (ERN) Token, with the token closing in 2021 with a value of $8.98.
2022 does not tell much of a different story for Ethernity Chain (ERN) Token as the bearish trend continued. The Ethernity Chain (ERN) Token saw a slight increase, reaching $11.69 on the 5th of January 2022, only to fall back to $4.16 on the 24th of January 2022. But there was a slight recovery in February when the Ethernity Chain (ERN) Token value reached $7.83 on the 11th of February, 2022. But the market was soon hit by the unprecedented Russian invasion of Ukraine, and the token's value dipped to $4.31 on the 24th of February. This was followed by a slight bullish run taking the token's value to $6.42 on the 4th of April 2022. But China's sudden ban on cryptos again shook the market resulting in the token's value declining to $3.92. Things only kept worsening from this point until the token's value reached $1.41 on the 12th of May 2022. This was further followed by a slightly bullish trend taking the token's value to $2.16 in June 2022. But by July 2022, Ethernity Chain (ERN) Token's prices saw a new low at $1.32. Ethernity Chain (ERN) Token holds a value of $1.74 as of August 2022, with a market cap of $27,375,091 and a 24-hour trading volume of $2,509,812. The token has been performing relatively well despite the adversities that came in 2022.
Ethernity Chain (ERN) Token Price Forecast
With a better understanding of the past performance of the Ethernity Chain (ERN) Token, it is time to evaluate what the future holds for this token. Of course, the high volatile nature of the crypto market makes it rather challenging to predict the token's prices. But one can always rely on the forecasts and predictions made by experts to get an idea of the future overview of Ethernity Chain (ERN) Token. But before we dive into the future of the Ethernity Chain (ERN) Token, it is important first to get an idea of its current stand in the market. Ethernity Chain (ERN) Token holds a value of $1.74 as of August 2022, with a market cap of $27,375,091 and a 24-hour trading volume of $2,509,812. The token has been performing relatively well despite the adversities that came in 2022. So now, let's look at the technical and fundamental analyses of the Ethernity Chain (ERN) Token.
การวิเคราะห์ทางเทคนิค
2022 has not been a significant year for the Ethernity Chain (ERN) Token as the token has been treading on a bearish trend since 2021. But the good news is that the token shows some significant signs of recovery. So let's first check out the current stand of Ethernity Chain (ERN) Token in the market. Ethernity Chain (ERN) Token holds a value of $1.74 as of August 2022, with market cap of $27,375,091 and a 24-hour trading volume of $2,509,812. The value of Ethernity Chain (ERN) Token has been increasing in the last 24 hours, where its value saw an increase of 1.23%. The token has been performing relatively well despite the adversities that came in 2022.
การวิเคราะห์พื้นฐาน (Fundamental Analysis)
The fundamental value of a token plays an imperative role in influencing the future value of crypto tokens. Hence every trader and investor must be aware of the results from the fundamental analysis of a token. This allows you to make a more informed investment decision. Ethernity Chain (ERN) Token comes with powerful fundamentals, which is a good thing as it increases the chances of better performance in the future. Furthermore, the entire Ethernity Chain ecosystem makes it very simple to invest in affiliated NFTs. This will allow investors to leverage the full benefits of the token's potential not just now but even in the future.
หมายเหตุ Previously, people complained about the volatility of the conventional stock market. But the emergence of cryptocurrencies has enabled people to appreciate the stock market even more as this market is even more volatile. As a result, it becomes rather challenging to predict the future of a token, especially with so many variables.
But we can always refer to the forecasts and predictions made by experts to make an informed decision. So make sure you use the technical and fundamental analyses just as a reference and nothing more. Your research and due diligence will help you the most. Now that you have an overview of the technicals and fundamentals of the Ethernity Chain (ERN) Token, it is time to dive deeper. The following section will walk through a more granular evaluation with year-wise price predictions of Ethernity Chain (ERN) Token. So continue reading to learn more.
ERN Token Price Predictions
Ethernity Chain Token Price Prediction For 2022 | Potential ROI: 82%
Until now, ERN's performance has not been that great in 2022. The token started the year with a bearish trend where its price was valued at about $11.69 during early January until dipping to a low of $4.16 by the end of the month. By May 2022, the token's value took a further plunge and reached a new low of $1.41.
Ethernity Chain (ERN) Token holds a value of $1.74 as of August 2022, with a market cap of $27,375,091 and a 24-hour trading volume of $2,509,812. The value of Ethernity Chain (ERN) Token has been increasing in the last 24 hours, where its value saw an increase of 1.23%. Most experts are optimistic that the token's value will increase further in 2022. For example, experts from TradingBeast are expecting the prices to reach at least $2.21496. But as per, analysts from PricePrediction.net are positive about the expected price to reach $7.13. On the contrary, there are experts from WalletInvestor who expect a steep decline to take the prices to a low of $0.259 by the end of 2022.
Ethernity Chain Token Price Prediction For 2023 | Potential ROI: 168%
2023 will likely be a good year for Ethernity Chain (ERN) Token, as experts from TradingBeast are expecting the prices to reach at least $3.49664 by the end of 2022. But, then, over-optimistic experts from PricePrediction.net suggest it will reach $10.26 by the end of 2023. Contrasting this optimism are experts from WalletInvestor, who expect the prices to drop to $0.38 by December 2023.
Ethernity Chain Token Price Prediction For 2024 | Potential ROI: 277%
Most experts are optimistic that the token's value will increase with time. Experts from TradingBeast are expecting the prices of Ethernity Chain (ERN) Token to reach $4.30837. Experts from PricePrediction.net are highly optimistic, suggesting the prices will reach $15.19. Finally, experts from นักลงทุนกระเป๋าเงิน are still pessimistic, suggesting the prices of Ethernity Chain (ERN) Token will remain at $0.384 by December 2024.
Ethernity Chain (ERN) Token Price Prediction For 2025 | Potential ROI: 431%
Experts from TradingBeast are still optimistic the prices will reach at least $4.91771 by the end of 2025. Likewise, analysts at Priceprediction.net are positive about the token’s movement to reach the $20 mark reaching $22.73 by December 2025. But unfortunately, experts from WalletInvestor are still pessimistic as they are predicting the prices will continue with a bearish trend and reach $0.4083 by the end of 2025.
Ethernity Chain (ERN) Token Price Prediction For 2030 | Potential ROI: 2923%
Ethernity Chain (ERN) Token's performance will only improve with time. First, experts from TradingBeast are expecting the prices to grow and reach at least $1.868502. But experts from PricePrediction.net seem to be super optimistic about the token's performance, with their predictions suggesting the price will reach $157.53 by the end of the decade. Then come the experts from WalletInvestor, who are still stocking with their pessimistic view suggesting the prices will remain somewhere around $0.216399 by the end of 2030. As you can see, these price movements can confuse anyone with different experts having different views for the future. But fortunately, we can simplify these figures by putting them into an easy-to-comprehend tabular format. [รหัส wpdatatable=271]
How Can I Buy Ethernity Chain (ERN) Tokens?
Even though Ethernity Chain (ERN) Token is a relatively new token in the market, it has earned quite a reputation. This can be accredited to the unique offerings of the token and the NFT marketplace itself. You can buy Ethernity Chain (ERN) Tokens from centralized and decentralized crypto exchanges. Some of the best-known centralized crypto exchanges that sell Ethernity Chain (ERN) Tokens include Binance, Huobi, Coinbase, Gate.io, โอเคเอ็กซ์, ราศีเมถุน, KuCoinและ Crypto.com. Some decentralized crypto exchanges where you can get Ethernity Chain (ERN) Tokens include QuickSwap and UniSwap.
Is It Worth Investing in Ethernity Chain (ERN) Token?
Investing in crypto is personal, and traders must evaluate the factors influencing their investment decision. So before finalizing your investment, take some time and evaluate the factors your investment can impact. But given the predictions made by experts investing in Ethernity Chain (ERN), Token might not be a bad idea. With that said, make sure you do your research and due diligence before investing in the token. This will help you get a better understanding of the market and help you base your investment decisions accordingly. Besides, it will also help you better understand what's in store in the future of Ethernity Chain (ERN) Token.
คำตัดสินขั้นสุดท้าย
Investing in any crypto is a significant decision for any average individual, especially when volatility is a primary concern. Therefore, people must thoroughly research and familiarize themselves with all the necessary information about the token before investing in it. This helps an individual make an informed investment decision and accelerate growth. This article has done most of the hard work for you, providing you with the information you need to make an informed decision. You have all the information you need, be it about the past, present, or even the future of Ethernity Chain (ERN) Token. So make sure you put this information into good use and make the right investment decision.
คำถามที่พบบ่อย
Will Ethernity Chain (ERN) Token breach the $100 mark?
There is no perfect way to determine the future of a token. The best one can do rely on the predictions and forecasts from experts. Given the predictions, Ethernity Chain (ERN) Token seems to breach the $100 mark by the end of this decade.
Can I transfer my NFT to some other person?
The Ethernity Chain is one of those few networks allowing users to transfer their NFTs to others. One can click on the "Gift" icon on the platform and enter the recipient's wallet address to send NFTs.
Should I invest in Ethernity Chain (ERN) Token?
Many variables can impact the future performance of a token. Hence, you must do your research and due diligence before investing in the token. However, most indications suggest it would not be a bad idea to invest in Ethernity Chain (ERN) Token for the long term.
