The post Ordinals (ORDI) Price Prediction 2024, 2025 – 2030 by Anna Yen appeared first on Benzinga. Visit Benzinga to get more great content like this.
Analysts are saying that we could see ORDI hit $114.59 by year 2030. Convinced by this bullish Ordinals price prediction? You can buy ORDI on Coinbase.
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Ordinals (ORDI) is making waves as the inaugural BRC-20 token on the Bitcoin network, catching the attention of investors far and wide. The interest is primarily driven by its novelty and the exciting possibilities it brings for Bitcoin-based tokens and collectibles.
With a market capitalization that has soared beyond $600 million, its value surged by over 300% following its listing on centralized crypto exchanges in May 2023, substantially enhancing its availability and liquidity.
The burning question on everyone’s mind is whether the demand for Bitcoin-based tokens and collectibles can sustain ORDI’s momentum. Is its current surge primed for a sustained run, or is it merely a fleeting phenomenon?
This Ordinals price prediction article provides expert insights into ORDI’s short- and long-term potential.
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Table of contents
[Show]
- Ordinals Price Prediction Table
- What is Ordinals (ORDI)?
- Will Ordinals Go Past All-Time Highs?
- Ordinals Price History and Market Position
- CoinCodex Bullish Long-Term Price Prediction for Ordinals
- AMBcrypto Bearish Long-Term Price Prediction for Ordinals
- 2024 Ordinals Price Prediction
- 2025 Ordinals Price Prediction
- 2030 Ordinals Price Prediction
- Where to Buy Ordinals (ORDI)
- How Long Will It Take for Ordinals to Reach ATHs?
- Where to Store Ordinals (ORDI) Safely
- Current Crypto Prices
- Is Ordinals (ORDI) a Good Investment?
- Frequently Asked Questions
Ordinals Price Prediction Table
The ORDI price prediction table below offers insights into potential price trajectories for ORDI up to the year 2050, including key years from 2024 to 2030 and then for 2040 and 2050. You’ll have to figure out the best time to trade.
| Year | Average Price* | Percent Increase |
|---|---|---|
| 2024 | $45.13 | -% |
| 2025 | $99.73 | 120.98% |
| 2026 | $61.37 | -38.46% |
| 2027 | $35.75 | -41.75% |
| 2028 | $51.62 | 44.39% |
| 2029 | $74.28 | 43.90% |
| 2030 | $109.54 | 47.47% |
| 2031 | $158.91 | 45.07% |
| 2032 | $229.21 | 44.24% |
| 2033 | $335.08 | 46.19% |
| 2040 | $3,704.98 | -99.10% |
| 2050 | $7,900.08 | 133.33% |
***Note that these are forecasts sourced from Changelly and average prices are subject to changes.
What is Ordinals (ORDI)?
Ordinals is a cryptocurrency that operates on the Bitcoin network using the innovative Ordinals protocol. This protocol allows for the inscription of data, such as text, images, audio and video, directly onto each satoshi, the smallest unit of Bitcoin. This ingenuity has opened up new possibilities for creating and trading non-fungible tokens (NFTs) and other digital assets directly on the Bitcoin blockchain. This development could support further adoption of the Bitcoin network, which powers the largest of the top 10 cryptos.
ORDI’s pioneering role as the first BRC-20 token on the Bitcoin blockchain brings it to prominence in the cryptocurrency market. It shows that Bitcoin can support a broader range of applications beyond its original purpose as a peer-to-peer electronic cash system. The introduction of ORDI has highlighted the demand for Bitcoin-based tokens and collectibles, representing a major step in the evolution of the Bitcoin network.
ORDI began with the creation of the Ordinals protocol by software engineer Casey Rodarmor in January 2023. Since its inception, ORDI has seen a rapid increase in popularity and value, with its market capitalization growing significantly since the first inscription.
Will Ordinals Go Past All-Time Highs?
ORDI market value has yet to match the second most popular token Ether. However, current market sentiment is bullish, and most price predictions suggest that ORDI’s value could rise above its March 5 all-time high of $96.17.
Ordinals Price History and Market Position
The ORDI price as of Aug. 8, 2024 is $28.14. Its market capitalization is $591 million, placing it within the top 100 cryptocurrencies by market cap. ORDI hit its peak at $96.17 on Mar. 5, 2024, followed by a drop, reaching its lowest point at $23.3 after the all-time high. Such volatility is typical in crypto, especially for newer tokens like ORDI that are evolving rapidly.
Looking ahead, various analysts foresee promising growth potential for ORDI. Some forecasts suggest that by 2030, its price could surge to $114.59 and reach an ambitious target of $557.72 by 2050. These projections factor in market trends and ORDI’s unique position as a Bitcoin-based token.
The future trajectory of ORDI hinges on its adoption rates, overall market sentiment and developments in the broader cryptocurrency landscape. Investors should closely monitor market trends and conduct thorough due diligence before making investment decisions.
Despite its uniqueness as a BRC-20 token on the Bitcoin network, ORDI faces competition from other blockchain platforms supporting NFTs and tokens, such as Internet Computer (ICP), Immutable (IMX) and Stacks (STX), among others.
CoinCodex Bullish Long-Term Price Prediction for Ordinals
CoinCodex is a cryptocurrency market information aggregator that provides real-time prices, historical charts and volume data for over 6,000 coins. CoinCodex suggests that the price of ORDI could reach as high as $114.59 before 2030. This prediction is based on its algorithmic analysis and expert opinions, which factor in market trends and technical indicators. Note that cryptocurrency markets are highly volatile and predictions should not be taken as financial advice.
AMBcrypto Bearish Long-Term Price Prediction for Ordinals
One of the most bearish scenarios for ORDI is from AMBcrypto, a leading cryptocurrency news platform. According to its analysis, ORDI could drop to as low as $20.45 this 2024. This bearish outlook factors in the potential cooling of the activity and interest in Bitcoin-based tokens and collectibles.
2024 Ordinals Price Prediction
Various platforms offer diverse predictions for the future price of ORDI. Digital Coin Price suggests a trading range of $25.09 to $61.95 throughout 2024, with an average price of $60.91. Cryptopolitan offers an optimistic outlook, foreseeing a maximum price of $32.77 for ORDI in 2024. BitScreener forecasts a peak of $96.08, with a low of approximately $15.40 in 2024.
It’s important to approach these predictions with caution, noting the erratic nature of the crypto market, which is influenced by factors like regulatory changes, technological advancements and market sentiment.
2025 Ordinals Price Prediction
An analysis on OvenAdd anticipates a bullish trend, forecasting a maximum price of $235.01 by 2025, with an average of around $136.05 and a minimum of $119.56. CoinDataFlow also presents an optimistic scenario, projecting a massive growth to $133.15 by 2025.
AMBCrypto has a less bullish Ordinals price prediction for 2025, suggesting a price range of $83.74 to $125.60, with an average of approximately $104.67.
These predictions are not to be followed unthinkingly, given the inherent volatility of the cryptocurrency market.
2030 Ordinals Price Prediction
For 2030, CoinCodex suggests a potential trading value of up to $114.59. CoinDataFlow offers a range of possibilities, with a best-case scenario projecting a value of $121.59 while acknowledging a lower estimate of $63.10. OvenAdd presents more optimistic figures, anticipating a maximum price level of $626.69 by 2030. It also suggests that under stable market conditions, the average price could reach $601.95.
Careful, though. These predictions are speculative and subject to change, influenced by various factors in the volatile cryptocurrency market.
Where to Buy Ordinals (ORDI)
You can purchase Ordinals from several crypto brokers. Choose the ones that align with your investment strategy and know their pricing and features.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
eToro is headquartered in Cyprus, England and Israel. A major eToro plus is its social trading operations, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its underwhelming research and customer service features.
Best For
- Investors looking to CopyTrade other traders
- Simple user interface
- Several major cryptocurrencies and altcoins
- Expansive network of social trading features
- Large client base for new traders to imitate
- Only 21 coins available in the US but over 30 globally
While cryptocurrency has become mainstream, providing a means of livelihood for millions of traders and investors globally, only a few platforms offer streamlined access to the market. Most major exchanges require time-consuming setup or registration and verification processes and high minimum buying or trading amount, which limits accessibility, especially for beginners and undercapitalized traders. If you’re a beginner trader or crypto enthusiast seeking fast access to the crypto market, Paybis presents an excellent choice.
Established in 2014, Paybis has gained recognition for its easy-to-use platform, instant cryptocurrency purchase, simple setup and verification process, responsive customer support and extensive support for digital assets. The platform aims to simplify converting fiat currencies into cryptocurrencies, streamlining market access to diverse investors globally. With Paybis, you can buy Bitcoin and over 80 other cryptocurrencies using your credit /debit card or any preferred payment method. Paybis supports over 60 fiat currencies, including USD, GBP and EUR, from countries around the globe.
Paybis’s straightforward, hassle-free and secure trading approach has earned the trust of over 1.8 million users worldwide, with an annual transaction volume running into hundreds of millions of dollars. You can buy Bitcoin within moments of landing on the site or setting up your account; it is that simple. Paybis is regulated by The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), meaning the platform takes adequate measures to protect your funds. Paybis is available in over 180 countries and continues to expand in terms of assets, users and jurisdictions. Read on for a comprehensive review of this platform, its services and how it compares to similar platforms.
Best For
- Beginner crypto traders or investors looking for a user-friendly platform with an easy setup and verification process
- Crypto enthusiasts seeking access to a broad range of crypto assets, including popular ones like Bitcoin and lesser-known coins and tokens
- Investors or traders with limited budgets looking for a platform that offers a low minimum amount per transaction with lightning-fast crypto payout or transaction settlement
- On-the-go traders seeking a simplified mobile app with easy-to-use features and responsive customer support to facilitate seamless trading or investing regardless of location or time
- Supports over 60 fiat currencies worldwide, including USD, EUR, JPY and GBP
- Supports over 80 cryptocurrencies, including major cryptos like Bitcoin and Ethereum
- Lightning-fast crypto purchase with instant payout
- Round-the-clock and highly responsive customer support
- Low minimum buying amount facilitating accessibility by undercapitalized investors
- Well-regulated by multiple and reputable regulatory bodies including FinTRAC
- Simplified and easy-to-use interface for seamless buying and selling experiences
- Straightforward and fast setup and verification processes
- No hidden fees and multiple payment options
- Available in 180+ countries and accessible in 9 languages
- Simplified mobile app wallet for on-the-go access
- Relatively high transaction fees
- Lacks advanced trading tools and features
- Users can only sell 10 cryptocurrencies
Coinbase is one of the largest cryptocurrency exchanges by trading volume, serving customers in over 100 countries and supporting hundreds of crypto coins and tokens. The platform features a user-friendly interface with options like staking and earning, as well as a “learn and earn” feature where users watch educational videos and answer questions to earn crypto assets. Trading fees can be high on the basic platform, but users can access the advanced platform for free.
Best For
- Coinbase is best for beginners because of its user-friendly interface.
- The availability of over 30 products caters to the needs of traders of every mindset.
- Coinbase offers a learn and earn program.
- You can earn coins and tokens by watching tutorials and answering crypto-related questions. This platform lets you earn crypto just by spending your fiat via a debit card as you normally would when you use Coinbase’s Visa debit card.
- Offer a wide variety of altcoins.
- Ideal for new investors.
- Complicated fee structure
- Does not support margin trading (only 3x on Pro version)
Robinhood is the broker for traders who want a simple, easy-to-understand layout without all the bells and whistles other brokers offer. Though its trading options and account types are limited, even an absolute beginner can quickly master Robinhood’s intuitive and streamlined platform. On the other hand, more advanced traders might be frustrated by Robinhood’s lack of technical analysis tools, a feature that’s now nearly universal across other platforms.
Best For
- Fee-free trading
- Beginner crypto investors
- Doge day traders
- Commision-free trading
- Access to Dogecoin
- Limited altcoin selection
- No wallet capabilities
How Long Will It Take for Ordinals to Reach ATHs?
After experiencing a notable surge, ORDI achieved a new all-time high (ATH) of $96.17 on March 5. Subsequently, analysts at CoinCodex speculate that following the Bitcoin halving in 2024, Ordinals’ price may see further ATHs by the first quarter of 2025. This prediction stems from observing the historical effects of Bitcoin halving events on the overall cryptocurrency market. Typically, such events result in elevated prices because of the diminished supply, a pattern that analysts anticipate could positively impact ORDI’s value in the coming quarters.
Where to Store Ordinals (ORDI) Safely
Store your ORDI safely with hardware or software wallets.
- Hardware wallets: They physically store your cryptocurrency offline, providing extra security against online threats. Ledger Nano X and Trezor Model T are some of the best hardware wallets available. These devices are known for their robust security features and support for a broad range of cryptocurrencies.
- Software wallets: These wallets are applications that can be installed on your device. They are more convenient and easier to use for storing your assets. ZenGo Wallet’s unique security system eliminates the need for a traditional seed phrase. It uses a combination of multiparty computation (MPC) and three-factor authentication (3FA) to provide a secure yet user-friendly experience.
Current Crypto Prices
The cryptocurrency market is dynamic, and prices can change in an instant. Here is a snapshot of current market prices.
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Is Ordinals (ORDI) a Good Investment?
Determining whether ORDI is the best crypto to buy depends on market conditions and individual risk tolerance. You could trade it short-term or invest longer term.
As of the last known update, ORDI was trading at $28.14, with a market sentiment described as Bearish and a Fear & Greed Index score of 50 (Neutral). Try to approach investments cautiously, given the inherent volatility of the crypto market. Observe market trends and do your research before making any investment decisions regarding ORDI and other cryptocurrencies.
Frequently Asked Questions
Can ORDI reach $1,000?
Yes. Changelly’s ORDI price prediction model suggests that ORDI will reach the $1,000 level by 2040. It predicts ORDI could trade at a possible high of $1,124.29 beginning of 2040.
What is the price prediction for Ordinals coin in 2025?
For 2025, CoinDataFlow forecasts a potential high of around $130.60.
What is the price prediction for Ordinals coin in 2030?
CoinCodex suggests a potential trading value betweenn $70.67 and $114.59 for 2030.
The post Ordinals (ORDI) Price Prediction 2024, 2025 – 2030 by Anna Yen appeared first on Benzinga. Visit Benzinga to get more great content like this.
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- Source: https://www.benzinga.com/money/ordinals-ordi-price-prediction
