Ontology Price Prediction 2022-2031: Token Swap all Clear?

Ontology Price Prediction 2022-2031

ONT Price Prediction 2022 – up to $0.27
ONT Price Prediction 2025 – up to $0.90
ONT Price Prediction 2028 – up to $2.77
ONT Price Prediction 2031 – up to $8.38

On its 4th Anniversary, we remember a source of confusion…

If the tokens are not swapped prior to the deadline, they will remain on the NEO blockchain and will be valueless as they cannot be used on the Ontology network. Are there any ONTs still trapped somewhere?

This scenario seemed to have happened a year ago: “Please help. I cannot transfer my funds out of ontology from exodus due to a lack of ONG. I can not stake or transfer funds due to no ONG. I don’t understand how this system could possibly work the way it does. This wallet does not help because I cannot transfer other assets into ONG. Being in the US, I also cannot use most brokerages that would exchange assets into ONG. I have tried everything, and I am desperate for a solution. I just want my funds out of ONT, and it’s seemingly trapped. Can anybody suggest a clear-cut, fee-less, safe process?”

Today’s Ontology price is $0.229143 USD with a 24-hour trading volume of $15,726,834. Ontology is down 2.64% in the last 24 hours. The current CoinMarketCap ranking is #125, with a live market cap of $200,557,157. It has a circulating supply of 875,249,524 ONT coins and a max. supply of 1,000,000,000 ONT coins.

Evolution of Ontology

Ontology is a comparatively recent public blockchain that enables businesses with almost no cryptocurrency expertise to incorporate blockchain solutions into their operations. The Ontology network allows users to create public blockchains for various applications, getting the best from blockchain technology. With the capabilities for decentralized applications, the Ontology framework is positioned as a direct rival to Ethereum.

The Ontology framework includes two tokens: the Ontology (ONT) and Gas token (ONG). With the introduction of the Ontology MainNet in 2018, the Ontology Token was launched, and it acts as a kind of remuneration for users of the network. More information on ONG may be found as you read this blog. In this Ontology price prediction, you will learn more about the coin’s fundamentals and follow a carefully analyzed ONT price prediction.

OnChain, a Chinese startup, developed the ONT network in 2017. The OnChain crew launched the platform led by specialists Erik Zhang, Jun Li, and Da Hongwei. OnChain is also recognized as the developer of the NEO blockchain.

Ontology Overview

Coin	Symbol	Price	Marketcap	Change	Last 24h	Supply	Volume (24h)
Ontology ONT	ONT	$ 0.223811	$ 195.99 M	2.59%		876.25 M	$ 14.26 M

Ontology Price Prediction 2022-2031: Token Swap all Clear? 7 — Source: CoinMarketCap

Ontology History

Collaboration with the government

The network was created to allow companies to use blockchain technology without requiring significant modifications to their existing systems. The creators intended to ease the process of incorporating blockchain technology and make blockchain usage accessible to everyone.

No ICO

ICOs are the most popular way for new blockchain companies like Ontology to raise money. This platform, however, did not hold an ICO. Instead, the creators distributed ONT tokens for free (a practice known as “airdropping” in the crypto industry) to anybody who signed up for their weekly newsletters.

Collaboration with NEO

Because the same firm that created Ontology also created the NEO blockchain, they thought it would be good to link the two. They accomplished it by enlisting the assistance of the NEO community to promote Ontology and increase its acceptance. As a result, they distributed free ONT tokens to all NEO holders at the launch.

Primary applications of Ontology

Because Ontology has a dual-system system, its primary currency is the Ontology Token, abbreviated ONT. The ONT first went up for sale in the cryptocurrency market in the 1st quarter of 2018, and its supply will never exceed one billion coins. The rationale behind the one-billion-dollar limit is unclear. Nevertheless, it is thought that ONT was built primarily for private purposes and that ONT and NEO are intended to operate like slices of a shared tech stack.

Ontology- A Decentralized Identity Framework and its Wide Applications

Furthermore, several properties are reserved for the foundation, innovators, and fintech organizations. Because Ontology collaborated with the far more prominent NEO blockchain, the value of ONT has risen since its original introduction. Its price at the moment of the launch was a bit more than $2.50.

NEO Blockchain is a supporter of this innovation.

What is the ONT Coin?

The web demonstrates that the Ontology framework is targeted at the general public to prevent obstacles between the finance firm and the blockchain. The franchise sector may utilize Ontology and blockchain technologies with no prior understanding of shared networks.

Since the Chinese’s creation of Ontology in 2017, there are still no methods for companies to incorporate blockchain into initial structures with no significant blockchain expertise.

In addition, the existing trust platforms suffer a lot of challenges. Blockchain capacities: Secured data value, ineffective identification, and inadequate privacy security.

Fundamental analyses

Mainnet was just launched, and work on the NFT platform and wallet improvements have begun. New collaborations are gaining traction. Staking and coin economy — Provision of 1,000mn ONT and ONG, with an ONT current circulation rate of about 63 percent and a market cap of $800 million. Its current price is $0.914. it has a trading volume of $108million while its circulating supply is 875 million ONT.

A buyback from the open market was just completed. There have been no burning incidents, and the supply is constant. Staking generates the ONG utility coin, which is transferable and then used to pay the gas charge.

Overall, the analyst believes that ONT/BTC has broken through a critical level; a retest is likely to affirm an S/R flip, enabling a retreat entry.

Why You Should Swap ONT

Token Swap refers to the transition of a coin from the blockchain, where it is temporarily hosted, to its own network. For instance, for a time, Ontology was hosted on the NEO blockchain and migrated its token (read burn the old and create new) to allow ONT tokens to run on its native blockchain. As for EOS, Huobi has decided to support both token swaps, meaning that users holding both ONT or TRX on Huobi will receive the new tokens automatically without having to perform any actions themselves.

Failing to perform the token swap could likely result in the loss of all funds. Users have two ways of swapping their tokens. They either can deposit their token on an exchange that will take care of performing the swap, or they can perform the transition themselves with the use of private wallets. For many users, it is worth depositing their funds on Huobi or their chosen, supported exchange for the sake of convenience and peace of mind – keeping your tokens under your own control, of course, comes with the benefit of added control if you know what you’re doing.

Another benefit of depositing your holdings onto the exchange during a Token Swap is the ability to trade the coin. Both TRX and ONT are not going to be transferable from wallet to wallet or wallet to exchange during the migration – rendering the holdings highly illiquid, which has the potential to be costly due to the opportunity cost of not being able to trade, especially if a glitch or bad news (“FUD”) occurs during the migration.

What is the Difference Between ONT and ONG?

Since launching, Ontology has relied on two tokens to both power and secure its network. These tokens include:

ONT (Ontology)

Ontology coin or ONT is Ontology’s primary coin. It was originally a NEP-5 token launched on the NEO platform. However, once Ontology officially launched its own MainMet, the NEP-5 tokens were swapped for native ONT coins. Since Ontology never did an ICO, they airdropped ONT tokens to those who signed up for their email list and NEO holders. The ONT coin has a total supply of 1 billion, of which around 80% are in circulation.

ONT holders gain governance rights and the ability to stake tokens. Users who stake their ONT can also earn staking rewards. Therefore, they not only play an active role in steering network decisions but also benefit from their participation. Those who stake their ONT receive rewards in the form of Ontology Gas.

ONG (Ontology Gas)

The ONG coin is a special token that’s produced every time an Ontology block is confirmed. It’s primarily used to pay for Ontology transaction fees. It also rewards users who help keep the Ontology blockchain operational. Additionally, the Ontology Gas coin is used whenever a user performs particular operations on the Ontology blockchain, such as deploying smart contracts.

How to exchange BTC for ONT?

If you are looking for a reliable Ontology exchange platform, Swapzone is here to assist you. Through Swapzone, you can easily convert BTC to ONT or ONT to BTC without the extra hassles of opening and verifying an account. If that sounds like what you are looking for, here is a step-by-step guide on how to swap BTC for ONT:

Head to Swapzone through your internet browser.
In the “pair tab,” choose BTC as the coin that you wish to exchange. Enter the correct amount of BTC as well before you proceed.
In the section “get up to,” enter Ontology as the coin that you wish to receive in exchange for BTC.
After you’ve entered these details, Swapzone will display several BTC-ONT exchange rate offers from different exchange partners.
Go through the different offers on display and find the one that you want. You can sort the offers based on transaction time, exchange rate, or provider rating. Once you’ve found an offer that you want, select it and click on “exchange” to proceed.
After this, enter a wallet address to receive your ONT. You will also need to provide a wallet address to receive a refund in case your transaction doesn’t go through or if you’re swapping BTC-ONT between two of your wallets. Click on “proceed to exchange” to continue.
This will trigger the transaction to start. It may take a few minutes before you receive your coins. Be patient as the exchange partner sends your ONT.
Once the process finalizes, you will receive ONT in your wallet. Simply take a moment to rate the experience and leave an honest review.

Popular pairs to convert Ontology

ONT to BTC ONT to ETH ONT to LTC ONT to BNB ONT to BCH ONT to USDT ONT to THETA ONT to XMR ONT to TRX ONT to BSV ONT to DASH ONT to ZEC

Ontology Technical Analysis

Ontology Price Prediction 2022-2031: Token Swap all Clear? 8

Ontology price analysis for September 27, 2022, reveals the market following a complete positive movement, obtaining significant positive momentum, signifying a gain of positivity for the ONT market. The price of Ontology has remained positive over the past few hours. On September 25, 2022, the price spiked from $0.2080 to $0.2335. Furthermore, the market increased in value soon after and gained more value. Moreover, Ontology has peaked and reached $0.2335.

Ontology price analysis reveals the market’s volatility following an increasing movement, which means that the price of Ontology is becoming more prone to experience variable change on either extreme. The Bollinger’s band’s upper limit is $0.2489, serving as ONT’s strongest resistance point. Conversely, the lower limit of Bollinger’s band is $0.1997, which is the strongest support point for ONT.

The ONT/USD price appears to be moving over the price of the Moving Average, signifying a bullish movement. The market’s trend seems to have shown bullish dynamics in the last few days. Furthermore, the market has decided on a positive approach. As a result, the trend has shifted today, the price started moving upward, and the market started opening its volatility. This change has played a crucial role in the development of Ontology. However, the price attempts to move towards the resistance of the market.

Ontology price analysis shows the Relative Strength Index (RSI) to be 52, signifying a stable cryptocurrency. This means that the cryptocurrency falls in the upper-neutral region. Furthermore, the RSI path seems to have shifted to an upwards movement. The increasing RSI score also means dominant buying activities.

Ontology price analysis reveals that cryptocurrency follows an upward trend with much room for activity on the positive extreme. Moreover, the market’s current condition appears to be following a positive approach, as it shows the potential to move to either bullish extreme. The market shows much potential for development towards the increasing end of the market.

Ontology Price Predictions by Cryptopolitan

Ontology Price Prediction 2022

Our Ontology price prediction 2022 suggests the price to reach a maximum price of $0.27 with a minimum price of $0.24. The average token price is predicted to be $0.25 by the end of 2022.

Ontology Price Prediction 2023

Our Ontology price is forecast to reach the lowest possible level of $0.35 in 2023. As per our findings, the ONT price could reach a maximum possible level of $0.43 with the average forecast price of $0.36.

Ontology Price Prediction 2024

In our Ontology price prediction 2024 the price of Ontology is expected to reach a minimum price of $0.52. The ONT price can reach a maximum price of $0.62 with an average value of $0.53.

Ontology Price Prediction 2025

Our Ontology price prediction 2025 suggests that the price of Ontology will be around a minimum value of $0.77. The Ontology price can reach a maximum of $0.90 with an average trading value of $0.79.

Ontology Price Prediction 2026

In our Ontology price prediction 2026, the price is predicted to reach a minimum value of $1.12. The Ontology price could reach a maximum value of $1.36 with an average trading price of $1.16 throughout 2026.

Ontology Price Prediction 2027

In our Ontology price prediction 2027, the price is predicted to reach a minimum level of $1.60 in 2027. The Ontology price can reach a maximum level of $1.98 with an average price of $1.66 throughout 2027.

Ontology Price Prediction 2028

Our Ontology price prediction 2028, is expected to reach a minimum level of $2.34 in 2028. The ONT price can reach a maximum level of $2.77, with an average price of $2.41 throughout 2028.

Ontology Price Prediction 2029

In our Ontology price prediction 2029, the price of Ontology is predicted to reach a minimum level of $3.35. The ONT price can reach a maximum level of $3.96 with an average trading price of $3.47.

Ontology Price Prediction 2030

In our Ontology price prediction 2030, the price of Ontology is predicted to reach a minimum level of $4.82. The ONT price can reach a maximum level of $5.78 with an average trading price of $4.99.

Ontology Price Prediction 2031

Our Ontology price prediction 2031, indicates the price to reach the lowest possible level of $7.26 in 2031. As per our findings, the ONT price could reach a maximum possible level of $8.38 with the average forecast price of $7.46.

Ontology Price Prediction by TradingBeasts

According to Trading Beasts, by the end of 2022, the price of an Ontology token might range between $0.72 and $1.07. They expect that the average Ontology price will be $0.92 over the course of the next year.

Ontology Price Prediction by WalletInvestor

According to Wallet Investor, Ontology predictions, a steady rise in price is predicted to occur; the price projection for 2027 is $2.027. The projected income after a 5-year investment is roughly +190.4%.

Ontology Price Prediction by DigitalCoinPrice

According to Digital Coin Price’s Ontology price prediction, the price projection for Ontology, and the current price trend, ONT might reach $1.88 in the next five years.

Ontology Price Predictions by Industry Influencers

Earlier this year, Ontology launched its Ethereum virtual machine into the mainnet. This will enable cross-chain operability between Ontology and Ethereum network. Ontology announced a $10M fund for developers creating dAPPs on ontology during the launch.

Wing Finance congratulated Ontology for the move, which will help Wing finance to extend its lending services into the Ethereum Virtual Machine.

As we migrate to Web3 we have an opportunity to create a safer, fairer, more decentralized internet. By launching our EVM, Ontology is contributing to this vision by increasing cross-chain interoperability, as well as expanding our decentralized identity solutions to mainstream developers within EVM-based ecosystems through our EVM Fund. The fund hopes to contribute to the creation of a decentralized, secure, and fully interoperable metaverse. For this reason, it will put a specific focus on metaverse and Web3 projects. The Ethereum network is an essential connection for Ontology given its extensive support of smart contract creation and decentralized application development, not least its position as a leader within the DeFi space and its extensive portfolio of world-class developers.

LiJun, Ontology Founder

This move will increase the utility of its coins and attract more volume from the EVM integration. This will likely lead to investors consolidating more Ontology tokens, which will push Ontology’s price higher.

Conclusion

As you can see, the Ontology Coin team is pushing forward with advancements like sharding (a popular scalability solution being investigated by other projects like Ethereum to enhance a blockchain’s ability to scale or actually control mass usage), as well as multi and cross-chain blockchain solutions to unlock new value for businesses all over the world.

Combining experts’ ONT price projections with chart analysis indicates very modest profits for the cryptocurrency.

Please keep in mind that this post is just intended to be informative and does not represent financial advice. Before investing, you should conduct your own research and never invest money you cannot afford to lose.

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