The post Moonbeam Price Prediction 2023, 2024, 2025: Will GLMR Price Go Up? appeared first on Coinpedia Fintech News

The cryptocurrency market has seen enormous improvements in many different sectors in tandem with the boom in the DeFi domain. For its dedication to interoperability over the Polkadot chain, Moonbeam has generated plenty of good buzz in the crypto world. Today, this GLMR price prediction will take deep dive into its prospects.

The Moonbeam not only serves as a cryptocurrency but also as a smart contract operating network. Which makes it worth a glance! Are you looking to buy GLMR at the industry’s current lows but confused about its yields? Do not worry; this article will offer Moonbeam price predictions through 2023 and the years to come. 

Overview

CryptocurrencyMoonbeamTokenGLMRUSD Price$0.4779Market Cap$202,967,122Trading Volume$11,404,207Circulating Supply424,697,249.00 GLMRAll-time high$29.84 (Jan 11, 2022)All-time low$0.417 (Oct 13, 2022)

*The statistics are from press time. 

Moonbeam Price Prediction 2023 – 2030

GLMR Price Prediction 2023 – 2030

What Is Moonbeam (GLMR)?

Moonbeam is Polkadot’s Ethereum-compatible smart contract parachain. It makes it simple to construct or redeploy Solidity apps in a Substrate-based environment using common Ethereum developer tools. Also, it’s a highly specific parachain that matches Ethereum’s Web3 RPC, users, keys, memberships, records, and much more. 

The Moonbeam ecosystem adds on-chain administration, staking, and cross-chain connections to the standard Ethereum functionality. Moreover, developers could use Moonbeam to transfer current Ethereum DApps to Polkadot or build new permissionless dApps employing existing Ethereum software solutions. 

When front-end apps are migrated across networks, Moonbeam’s tools make sure that there is minimum modification. In addition, the Moonbeam initiative is heading toward decentralized governance. Glimmer (GLMR), the utility coin, will serve as a portal for participating nodes to perform the network’s key functionalities.

GLMR Price Prediction 2023

With a series of scheduled upgrades like  VRF and Randomness support, as well as XCM to EVM calls. The team intends to improve the decentralization factor by using the new governance v2 features. This might push the GLMR price to escalate to a maximum price value of $0.841. Failure to meet expectations.

On the other hand, can be subject to criticism, elements like unfavorable criticism or a potential market meltdown may cause the price to plunge. In such a case, the price could fall to $0.386. As a result of a lack of fulfilling efforts, the price could find support at $0.613.

Price PredictionPotential Low ($)Average Price ($)Potential High ($)20230.3860.6130.841

Moonbeam Price Forecast 2024

Moonbeam, which is built on Polkadot, allows programmers to develop projects alongside Ethereum. It accomplishes this by using the Ethereum platform’s scalability while operating at a speedier and reduced price. That being said, it has the possibility of reaching a high of $1.317 by the conclusion of the year. 

With the typical purchase and sale forces, the GLMR price would be $1.019 towards the end of the year. On the other hand, the price may fall to $0.721.

Price PredictionPotential Low ($)Average Price ($)Potential High ($)20240.7211.0191.317

Moonbeam Price Prediction 2025

Moonbeam is far more than just an EVM deployment: it’s a highly technical para chain that matches Ethereum’s Web3 RPC, users, keys, memberships, logs, and much more. The Moonbeam system adds on-chain administration, staking, and cross-chain interfaces to the original Ethereum software suite. With the rise in demand, the coin can potentially rise to $1.747 or above.

On the other hand, a potential financial catastrophe or a global market collapse might cause the minimum price value to be $1.106. However, taking into account the bullish and bearish targets, the average forecast price may be $1.426.

Price PredictionPotential Low ($)Average Price ($)Potential High ($)20251.1061.4261.747

GLMR Price Prediction For 2026 – 2030

Price PredictionPotential Low ($)Average Price ($)Potential High ($)20261.5922.0132.43520271.9942.4882.98220282.6253.1753.72620293.3543.8364.31820303.9174.4755.024

Moonbeam Price Forecast 2026: According to our analysts, GLMR coin price prediction for the year 2026 could range between $1.59 to $2.43 and the average price of Moonbeam could be around $2.01.

GLMR price prediction 2027: According to our analysts, Moonbeam price for the year 2027 could range between $1.99 to $2.98 and the average price of GLMR could be around $2.48.

Moonbeam Prediction 2028: According to our analysts, GLMR crypto prediction for the year 2028 could range between $2.62 to $3.72 and the average Moonbeam coin price could be around $3.17.

GLMR coin price prediction 2029: According to our analysts, Moonbeam’s forecast for the year 2029 could range between $3.35 to $4.31 and the average GLMR coin price could be around $3.83.

Moonbeam Price prediction 2030: According to our analysts, GLMR predictions for the year 2030 could range between $3.91 to $5.02 and the average Moonbeam price could be around $4.47.

CoinPedia’s Moonbeam’s (GLMR) Price Prediction

Moonbeam is a brand-new and exciting cross-chain currency. As per CoinPedia’s GLMR price forecast, it might reach $0.841 before the conclusion of 2023. 

On the negative side, market swings and unstable external conditions, as well as the lack of upgrades, could be a blow to the altcoin. As a result, the Moonbeam value may battle to stabilize around $0.386 by the end of the year.`

Market Analysis

Firm Name202320242025Wallet Investor$0.0421$0.0438$0.0404priceprediction.net$0.50$0.74$1.07DigitalCoinPrice$0.87$1.07$1.52Trading Beasts$0.728$0.996$1.184

*The aforementioned targets are the average targets set by the respective firms.

Fundamental Analysis

On top of Substrate, Moonbeam provides an Ethereum-like ecosystem (rather than a Geth-based solution). This allows users to quickly reinstall their current smart contracts, utilizing the very same technologies and APIs as before but also benefiting from the new Substrate architecture upon which all Polkadot parachains are developed.

Moving ahead, Derek Yoo, the CEO of PureStake, created the Network in January 2022. Furthermore, the network allows coders that use Solidity or Vyper-based smart contracts to “go multi-chain” and expand their impact into the Polkadot environment. Whereas, Polkadot’s system guarantees flawless task allocation on a couple of layers.

The system’s key idea is that no single network is ideal for every use case. Hence, the web requires an inner core that combines multiple chains. Polkadot is the layer-0 foundation that hosts a large array of layer-1 public blockchains known as parachains. Let’s hop on to understand some key features of the token.

Moonbeam Historic Market Sentiments 2022

The coin was first listed in the exchange on 11th January with an initial price of $11.

The coin quickly skyrocketed to $29, then it was taken over by the bearish trend and has never recovered since.

The market has witnessed extreme fluctuations in its charts from the beginning and is highly unstable.

Moonbeam price ended the year 2022 with a closing trade price of $0.332.

FAQs

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Filed under: Bitcoin - @ March 18, 2023 6:30 am