The Phantasma 2.0 upgrade in December 2021 launched Smart NFTs, which are composite NFTs made up of an unlimited number of tokens. For example, in the 22 Racing Series each hypercar is made up of individual NFTs representing individual car parts. They can be time-limited, minted on demand, nested with multiple assets and contain locked content.
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Organic Traffic – is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype. These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project. These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
What is the Phantasma Protocol price prediction for 2023?
You should do your own research before investing in any company or product. Always remember that investment decisions are risky and you should never invest more than you can afford to lose. Barry has been trading cryptos since 2017 and has been invested in issues that would put the blockchain industry on the right pedestal. Barry's research expertise cuts across blockchain as a disruptive technology, DeFis, NFTs, Web3, and reduction of energy consumption levels of cryptocurrency mining. Following the success of its public token sale, Phantasma released another statement that remarked that Phantasma protocol would not only focus on DApps but would be a full-featured blockchain. SOUL holders who stake their tokens immediately begin receiving KCAL tokens as rewards.
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This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Phantasma Protocol prediction. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Phantasma Protocol investors’ sentiment, and is based primarily on Bitcoin-related market data. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 658 exchanges. Therefore, it is impossible to accurately predict the price of Soulsaver 5 years from now. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition.
What is the Utility of SOUL Token?
Predictions for the future SOUL coin price ranged as of 29 December from $10 in 2028 based on DigitalCoin data to $75.96 by 2030 based on PricePrediction’s forecast. Based on PricePrediction’s SOUL predictions as of 29 December, SOUL coin could reach the $10 level in the coming years, hitting $11.84 in 2025. The SOUL price has made gains as NFTs have taken off in popularity and increased the use of the Phantasma protocol. Phantasma aims to have its Smart NFTs and blockchain technology play a role in the buildout of metaverse applications. Phantasma was co-founded by Sérgio Flores, a senior developer and consultant on blockchains and smart contracts.
The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Phantasma Protocol. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. Here is it as well as other useful data about this kind of cryptocurrency. At TheBitTimes.Com, we collect and provide any valuable content on it such as 1 SOUL to USD so that you could make a favorable investment and have a positive result.
SOUL = 0.102 USD
In November 2018, Phantasma launched its Test net and transferred its Nacho game and Mail DApp onto the Phantasma chain. Soon, the launch of Phantasma mainnet followed, which supported distribution and decentralized storage systems, Oracles, and Cross-Chain Cosmic Token Swap functionality. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. Unfortunately, seems like there is no data available for SoulCoin because of coin inactivity. SOULSAVER is a P2E game ecosystem established with NFT as the parameter.
Just like with any other asset, the price action of Phantasma Protocol is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of SOUL. The market capitalization of Phantasma Protocol can change significantly in a short period of time.
About Phantasma (SOUL)
Each decentralised app (dApp) can run on an independent side chain, reducing the risk that a problem with a single dApp could disrupt the entire network. The average price loci coin of Phantasma (SOUL) might go to $0.12 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $0.51 mark.
- In the last 24 hours, Phantasma was most traded on KuCoin, Gate.io, and PancakeSwap v2 (BSC).
- The most active and popular exchanges for buying or selling SOUL are Binance, Kucoin & Kraken.
- The purpose of a moving average (MA) is to smooth price action over a certain amount of time.
- Phantasma is facing a hard time getting on board with other crypto coins.
Among all the assets available on CoinStats, these have the most similar market capitalization to Soul Swap. Phantasma proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that SOUL is a good choice of investment. At this juncture, we will examine the fundamental indicators that influence the future price performance of cryptocurrencies. Phantasma supports a Cosmic-Swap framework, a liquidity solution that enables token and coin swaps. Phantasma swaps do not require users to use exchanges or learn how to place trades.
Phantasma runs its own NFT marketplace that supports NFT from other networks. Phantasma deploys decentralized storage that allows the creation of fully decentralized apps using the blockchain’s power. Phantasma (SOUL) employs a variant of the Proof-of-Stake mechanism that allows users to be Validators if they have a stake in the Phantasma chain.
SOUL is the basic payment method to purchase NFT, and it can be used to pay the fee for reselling the purchased NFT. SOUL can be purchased from the external exchanges that SOUL is listed on. SOUL holders are granted the right to become a member of the governance and DAO, the decision-making bodies of the SOULSAVER ecosystem, based on their VIP level. In the last 24 hours, Phantasma was most traded on KuCoin, Gate.io, and PancakeSwap v2 (BSC). The most traded Phantasma pairs in the last 24 hours are SOUL/USDT, SOUL/ETH, and SOUL/BTC.