Source : cryptodaily.io
If you want to know more about Adventure Gold (AGLD), you’ve come to the right place. We’re going to tell you what you need to know about the future of AGLD for 2023, 2024, 2025, and the remainder of the decade. Ready to dig deeper into Adventure Gold? Join us as we explore the future of this exciting coin.
About Adventure Gold (AGLD)
Adventure Gold is an Ethereum-based ERC20 digital asset. Its primary use is to purchase voting power for governance features for an NFT project called Loot. There’s a good chance Adventure Gold will be the in-game currency for a future game. With Loot, Adventure Gold holders can buy a “Loot Bag,” which generates NFTs that are items used in the game and stored on the blockchain.
The digital asset launched in September of 2021, which means it has only been around for a few months. However, AGLD gave Loot holders a way to claim 10,000 tokens for free. As a result, the price of AGLD increased significantly. Currently, the circulating supply of Adventure Gold is a little over 70 million units.
After Loot’s release received a lot of attention, particularly by Vitalik Buterin, the founder of Ethereum, Will Papper was quick to launch Adventure Gold. Paper, who helped launch Syndicate DAO, moved swiftly to ensure that Adventure Gold would be the native token for Loot NFTs.
Price Prediction for 2022
Before we get too far into our AGLD projections, let’s take a look at how the digital asset has performed this year.
At the time of writing, AGLD checks in at about $0.94. This is down from the beginning of the year, when the currency was $1.66 and it’s all yearly high at $2.18 in March. What caused the increase in March? There is speculation that Adventure Gold was simply following an uptick in the NFT market. However, the digital currency saw a correction as it came down to $1.00 by the end of April.
Best and Worse Case
As with any other digital asset, Adventure Gold’s price fluctuates based on supply and demand of the item. Of course, these fluctuations are influenced by specific events in the market like halvings, hacks, or adoption. For example, the NFT market will have a significant impact on the price of AGLD, so if you see more investments, expect the price to rise.
Some within the industry foresee AGLD having a great second half of 2022, coming close to $2.50 by the end of the year. The expectation is that NFTs will continue to eat up more of the crypto market, which in turn will give rise to projects that fall within the NFT area. However, there are also some who see a bear market for ALGD, based on Technical Indicators.
At this time, the majority of technical analyses suggest that selling ALGD is the best option. These bearish indicators suggest that the future price of the crypto could fall to a price as low as $0.18 by year’s end. With that said, it’s important to remember that ALGD is just like every other digital asset. There’s plenty of risk involved when investing in it.
ALGD does have a better probability of going up due to the project itself. It offers a good use case in the form of in-game currency, provides well-designed tokenomics, has a solid team, and active community involvement. These factors could result in a bull market for ALGD.
Of course, crypto projects fail all the time, so keep in mind that you should never invest more than you can afford to lose. Some teams abandon the project, some projects don’t get the media attention needed to survive, while others are hacked or don’t have a well-thought out marketing plan. While it appears that ALGD is on the right track, it’s important to remember that projects can and do fail for a variety of reasons.
Predictions from Other Sources
There are plenty of places to get 2022 AGLD projections. Here are a few reliable sources.
Based on Wallet Investor’s Forecast System, Adventure Gold is a poor long-term investment. This is primarily due to AGLD having a low market cap, which means investors with large sums of money can easily manipulate the cryptocurrency.
Tech News Leader
Tech News Leader says AGLD has plenty of potential. There are potential innovations and collaborations that could increase the value of Adventure Gold. Additionally, if the market shows an increase in AGLD investing, the price of the cryptocurrency could continue to rise.
Based on Coin Codex’s AGLD prediction, the price of Adventure Gold will increase by nearly 30% before the end of May, 2022. However, its technical indicators show an overall Bear forecast, which means it may not be a good time to purchase Adventure Gold.
Adventure Gold Price Prediction for 2023 – 2025
Today’s cryptocurrency market is driven by volatility, which means forecasting far into the future isn’t an easy task. As a result, there are many different analytics and predictions that come into play. So, for example, the Adventure Gold price in 2023 may see a price as high as $2.61 if the market goes on a decent bull run. The expected average price for long-term investors is roughly $2.19.
Along those same lines, it’s expected that AGLD will set a new all-time high in 2024. The average expected price during the year is $3.28 with a high of $3.68 if everything breaks right. Of course, hope for the best and plan for the worst, as a bear market could result in a crypto dump.
As the market continues to mature, analysts predict that AGLD could see its prices climb as high as $5.53 in 2025. This would be a direct result of partnerships or cooperation from outside institutions or investors. The expected average for 2025 is roughly $4.81, which is still a considerable improvement over the current price of the cryptocurrency.
Adventure Gold Price Prediction for 2026 – 2030
Based on many prediction platforms, Adventurer Gold is expected to steadily grow into the latter part of the decade. It should show signs of approaching $8.17 if all goes well with an average price of $6.75 even if the market doesn’t perform the way it’s expected to.
AGLD will continue to grow into 2027, with a bullish market resulting in a significant price jump, all the way up to $11.55. The average price is expected to be between $10.20 and $10.55, which are great returns on a $1 investment if you purchased AGLD in 2022.
Even longer-term predictions are more difficult to make, but making these types of forecasts are part of the fun, right? For example, as decentralized finance and applications continue to eat more of the market, currencies like AGLD will show significant growth. That’s why the expected maximum price of Adventure Gold for 2028 is $17.37, with an expected average of roughly $14.75.
2029 will see more growth and adoption as more users realize the importance of what blockchains have to offer. This means the value of Adventure Gold will shoot up drastically, reaching a maximum of $25.09. However, a more realistic expectation for AGLD is an average of $20.82.
Finally, eight years from now, the crypto market will finally enter the mainstream. As a result, AGLD will once again show large growth for its investors. In 2030, the predicted maximum will break $30 for the first time, trading at nearly $35.49, with an average price of roughly $29.66. Not bad for an investment of a few dollars!
Adventure Gold isn’t as well known as other popular cryptocurrencies like Bitcoin and Ethereum. Here are a few commonly asked questions about AGLD.
What is Adventure Gold cryptocurrency?
AGLD is the native ERC20 token of the Loot NFT project. For more information, Loot is a text-based adventure game where random adventure gear is gathered on-chain. Loot intentionally has no interface, statistics, or images. However, it’s based on thousands of text-based NFTs, open to the community. Will Papper, co-founder of Syndicate DAO, founded the token in September 2021.
How many AGLD coins are there?
Adventure Gold has a total supply of 77.2 million tokens in circulation.