Decentralization has made an impact in a wide variety of industries and markets, and now it’s made its way to the audio sector. One of the players in this industry is Audius, which is why we’re doing an Audius price prediction. Keep reading to find out what’s in store for this exciting project.
What is Audius?
Audius is a project that aims to bring decentralization to the audio market. Initially, the project was launched on the POA network, but now it resides on the Solana blockchain. The company launched Audius in an effort to correct many of the deficiencies associated with the music industry.
Powered by its AUDIO token, Audius wants to bring the interests of music fans, artists, and node operators into alignment. The process is simple: artists upload music to the platform, the nodes store and distribute the content when requested, and the fans listen anytime they want. That’s all there is to it.
Of course, artists want to be paid, which is why the platform has a long-term plan to introduce stablecoins. This will allow fans to pay the artist directly for content instead of going through an intermediary like Spotify or Tidal.
Audius launched in 2018, founded by Forrest Browning and Roneil Rumberg. However, the project is supported by a variety of crypto enthusiasts and artists including Adam Goldberg, Bing Gordon, and deadmau5.
Since Audius is decentralized, there are no copyright protections afforded to artists, but because of the problems this could cause, the platform is working on a built-in arbitration system. Artists can share their music with their fans and their fans can reward them with AUDIO.
Price Prediction for 2022
AUDIO started 2022 off at $1.62 but steadily decreased from that point, reaching a low of $0.69 in early March. However, the coin bounced back up to a yearly high of $1.74 in April but once again came crashing down along with the rest of the crypto market. AUDIO’s low to date was $0.26 in late June and has since held steady at around $.033.
Bearish case
We don’t see AUDIO getting back to its all-time high this year but we do foresee it getting to a minimum of $0.52 before the end of 2022. This is mostly due to the continued bear market for crypto, but we see this breaking loose soon.
Another reason the price of the coin may only get to $0.51 is due to a lack of adoption. While Audius is a solid project with plenty of potential, we’re still a few years away from total adoption with cryptocurrencies and even further away when it comes to decentralized applications.
Bullish case
The Audius project has plenty of opportunities. Look no further than its board of advisors to see just how much investors believe in the project. Because of this, we believe the price of AUDIO will get to $0.59 this year. It’s not a huge jump in price but it’s definitely a step in the right direction.
Additionally, the crypto market itself will turn around, which will help drive the price of AUDIO for the remainder of 2022. There are also features expected to be implemented into Audius which would allow for staking, which could increase the adoption and growth of the project.
Average price
We expect the average price of AUDIO to be around $0.54 throughout the year, which would be a decent gain on its current price of $0.35.
Predictions from other sources
Let’s take a look at what some other forecasting sites have to say about AUDIO
Wallet Investor
Wallet Investor says that AUDIO shows signs of being in a bear cycle for the next 12 months. As a result of its analytics, the site says that Audius is not a good investment at this time. This means Wallet Investor believes it’s best if you don’t add AUDIO to your portfolio.
- August: Minimum $0.45 – $0.50 Maximum
- September: Minimum $0.46 – $0.51 Maximum
- October: Minimum $0.47 – $0.54 Maximum
- November: Minimum $0.49 – $0.56 Maximum
- December: Minimum $0.51 – $0.58 Maximum
DigitalCoinPrice.com
Forecast and prediction analysis shows that AUDIO will see a minimum of $0.44 before the end of 2022. Digital Coin Price says that the token will see a high of $0.49 with an average of $0.46 throughout the year.
- August: Minimum $0.42 – $0.50 Maximum
- September: Minimum $0.41 – $0.47 Maximum
- October: Minimum $0.41 – $0.48 Maximum
- November: Minimum $0.41 – $0.49 Maximum
- December: Minimum $0.41 – $0.46 Maximum
TechNewsLeader
Analytics by Tech News Leader show that AUDIO will get to $0.58 by the end of the year. The site expects Audius to see a low of $0.51 and an average of $0.53.
For the rest of the year, Tech News Leader expects to see the following on a month-by-month basis:
- August: Minimum $0.45 – $0.50 Maximum
- September: Minimum $0.46 – $0.51 Maximum
- October: Minimum $0.47 – $0.54 Maximum
- November: Minimum $0.49 – $0.56 Maximum
- December: Minimum $0.51 – $0.58 Maximum
PricePrediction.net
Based on the technical forecasting data used by Priceprediction.net, AUDIO has a solid outlook for the rest of 2022. Audius is expected to have a minimum value of $0.49, with an average of $0.51 and a maximum of $0.54.
- August: Minimum $0.43 – $0.47 Maximum
- September: Minimum $0.45 – $0.48 Maximum
- October: Minimum $0.46 – $0.50 Maximum
- November: Minimum $0.48 – $0.52 Maximum
- December: Minimum $0.49 – $0.54 Maximum
Price Prediction for 2023 – 2025
If you’ve invested in cryptocurrency, you know how volatile the market can be. That’s one of the many reasons predicting and forecasting is difficult. However, AUDIO looks to continue on a strong finish to 2022 and crosses the $.90 mark for its maximum value in 2023. The average price for Audius throughout the year will be $0.77.
We’ve talked about how much potential AUDIO has, which means it will continue to draw interest from others within the industry throughout 2024. This will push the price of the coin up to $1.27 its highest price of the year. The minimum for the token will be $1.05 with an average value of $1.08.
2025 will see AUDIO prices reach a maximum of $1.84 before the end of the year as interest in the project continues to see increased adoption. However, if the market turns bearish, the token will still see an average value of $1.55 with a minimum of $1.34.
Price Prediction for 2026 – 2030
As we enter the second half of the decade, investors and traders see significant value in AUDIO. Because of this, the token will see a high of $2.79 by the end of 2026. This is helped along with additional partnerships with other high-profile players in the industry. AUDIO will average $2.35 throughout the year and see a minimum of $2.24.
Audius will continue to grow in 2027 as it releases new features for its platform as it expands its partnerships with other blockchain networks. Thanks to these market drivers, the price of AUDIO will make a huge leap, reaching a maximum of $3.89. The project will see an average of $3.30 throughout the year, with a minimum of $3.13.
The penultimate year of the 20s brings more big gains for AUDIO. However, this price jump is less because of what Audius does and more about the crypto market. As more users come to adopt decentralization, dApps, and stablecoins, the value of AUDIO increases to a maximum of $5.59. Even with a bearish cycle, the price will increase to a minimum of $4.58 with a minimum of $4.52.
With the rise of Web3 and decentralized applications, the Audius community continues to grow, setting new all-time highs in 2029. The end of the decade also brings new features and functionality to the platform itself, which drives the price all the way up to $7.93. Throughout the year, the price will average around $6.73 with a minimum of $6.49.
By the time we get to 2030, investors, traders, developers, and financial institutions will see the value of AUDIO. The project will be available on multiple platforms as more and more artists join Audius. As a result, the token will make a huge leap to a maximum value of $11.45. If things don’t go well for the market, AUDIO might slip to a minimum of $9.30.
FAQ
Here are some commonly asked questions about Audius and AUDIO.
Is Audius worth investing in?
This is a challenging question to answer because many people view investing from different perspectives. Generally, the long-term outlook for AUDIO is positive, which means it’s worth considering as a token to add to your portfolio.
Can Audius reach $100?
It’s not likely that Audius reaches $100 within the next decade. Nothing’s impossible, but the token would have to quickly move through the ranks into the top tier of the most popular cryptocurrencies to achieve this feat.
How can I get a free Audius?
Audius is a platform built with artists in mind and not just the ones who have signed with a label. Because of its vision, Audius is free to download and use for anyone. The application is available on iOS and Android devices.
Does Audius have long-term earning potential?
Audius does have long-term earning potential. Many in crypto believe decentralization will disrupt the music industry and Audius believes it can be the platform to do so. As a result, many believe the project can be a profitable investment over the long haul with plenty of earning potential.