2021-10-12 14:34 |
In this guide, we will voice our own and market’s opinion on SRM future while discussing Serum price forecast for 2022 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Serum.
Now, let’s head into it. Before we delve deep into the Serum price prediction and answer questions if SRM is a good investment or not, why will SRM succeed or fail or why will Serum price rise or drop, let’s quickly throw a glance at what is SRM and its to date history.
What is Serum?Serum is a permissionless decentralized exchange (DEX) and blockchain ecosystem that is built on Solana, and developed by the Serum Foundation. The project was co-founded by Sam Bankman-Fried, the CEO of the FTX exchange, and an active contributor to the Solana ecosystem.
In the DEX, and also in the larger ecosystem, Serum aims to improve on the state of decentralized exchanges by bringing all the benefits of a centralized exchange to the DeFi space.
$SRM is Serum’s governance token based on the Solana blockchain but alternatively also has an Ethereum or ERC-20 version.
Around 10 billion SRM was minted as the maximum supply at inception; of which approximately 175m tokens will be circulating initially and will grow to 181 million tokens after the IEO (see below). This amount is then set to grow by around 15% annually. It gives holders governance power over the Serum ecosystem. While most components in Serum are deemed immutable, some parameters, like future fees, can be modified via SRM governance votes. The net prices are used to buy and burn the SRM tokens.
SRM can be staked and can also be utilized to pay for fees. This gives SRM holders as much as 50% discount on all trading costs. Also, 90% of all SRM tokens are designed for long-term hold or lock-ups. This is to ensure that the team is here for the long-term.
SRM Price Prediction For The Next 90 DaysThe whole crypto market is currently on the verge of a real bull run.
There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap.
Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run.
As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history.
Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash.
CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.
Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
Below is a tabular overview of how will SRM develop in the short-term (for the next 90 days), according to our prediction model:
Next 30 days
Next 60 days
Next 90 days
2021-10-13
$ 7.56
2021-10-14
$ 7.83
2021-10-15
$ 7.26
2021-10-16
$ 7.89
2021-10-17
$ 7.43
2021-10-18
$ 7.48
2021-10-19
$ 8.07
2021-10-20
$ 7.85
2021-10-21
$ 8.15
2021-10-22
$ 7.87
2021-10-23
$ 8.30
2021-10-24
$ 8.31
2021-10-25
$ 7.78
2021-10-26
$ 8.13
2021-10-27
$ 8.13
2021-10-28
$ 8.02
2021-10-29
$ 8.56
2021-10-30
$ 8.64
2021-10-31
$ 8.08
2021-11-01
$ 8.49
2021-11-02
$ 8.15
2021-11-03
$ 8.19
2021-11-04
$ 8.83
2021-11-05
$ 8.41
2021-11-06
$ 9.22
2021-11-07
$ 8.54
2021-11-08
$ 8.85
2021-11-09
$ 8.73
2021-11-10
$ 9.27
2021-11-11
$ 9.27
2021-11-12
$ 9.15
2021-11-13
$ 8.89
2021-11-14
$ 9.08
2021-11-15
$ 8.99
2021-11-16
$ 9.21
2021-11-17
$ 9.86
2021-11-18
$ 9.04
2021-11-19
$ 9.21
2021-11-20
$ 9.34
2021-11-21
$ 9.22
2021-11-22
$ 9.95
2021-11-23
$ 10.25
2021-11-24
$ 10.24
2021-11-25
$ 9.45
2021-11-26
$ 10.46
2021-11-27
$ 9.86
2021-11-28
$ 9.54
2021-11-29
$ 10.65
2021-11-30
$ 9.96
2021-12-01
$ 10.00
2021-12-02
$ 9.84
2021-12-03
$ 10.10
2021-12-04
$ 9.86
2021-12-05
$ 10.98
2021-12-06
$ 10.00
2021-12-07
$ 10.51
2021-12-08
$ 10.62
2021-12-09
$ 10.37
2021-12-10
$ 10.42
2021-12-11
$ 10.98
2021-12-12
$ 11.07
2021-12-13
$ 11.50
2021-12-14
$ 10.96
2021-12-15
$ 10.69
2021-12-16
$ 11.65
2021-12-17
$ 11.35
2021-12-18
$ 10.87
2021-12-19
$ 11.66
2021-12-20
$ 11.85
2021-12-21
$ 11.07
2021-12-22
$ 11.22
2021-12-23
$ 12.09
2021-12-24
$ 11.00
2021-12-25
$ 11.57
2021-12-26
$ 11.90
2021-12-27
$ 12.25
2021-12-28
$ 11.69
2021-12-29
$ 11.41
2021-12-30
$ 11.97
2021-12-31
$ 12.18
2022-01-01
$ 11.83
2022-01-02
$ 12.55
2022-01-03
$ 11.66
2022-01-04
$ 11.95
2022-01-05
$ 12.25
2022-01-06
$ 11.79
2022-01-07
$ 12.21
2022-01-08
$ 12.94
2022-01-09
$ 12.70
2022-01-10
$ 12.05
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