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Ultra Price Prediction 2021-2025: UOS Price Can Hit $19 by 2025

Ultra is blockchain-based PC game distribution network. With new thriving projects, Ultra Token has been gaining popularity. Its price can reach $19 by 2025

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Gone are the days when people used to fear the concept of cryptocurrencies and preferred to remain alien about it. However, the success crypto space has seen over the past few years says the sky’s the limit. A significant group of cryptocurrencies is under investigation, and how it’s regulated will have enormous repercussions for digital tokens as a whole. Interestingly, Elon Musk, the CEO of Tesla, has embraced bitcoin and other digital currencies. Moreover, the cryptocurrency exchange Coinbase Global Inc. is listed on the U.S. exchange, adding to the rise.

Aside from Bitcoin, the passion for non-fungible tokens (NFTs) has sparked a surge in activity on Ethereum, the blockchain-based computer network that underpins most NFTs. As more individuals adopt the technology, Ether, the platform’s in-house currency, has reached new highs. NFTs are bitcoin-like tokens that are linked to a digital work of art or other physical objects and are sold as a one-of-a-kind digital asset. NFTs will continue to gain popularity. Many investor classes find even tiny bits of horribly valuable goods (or items only thought to be valuable) appealing.

Ultra (UOS) is one such NFT, that has recently witnessed success and the upward trajectory is expected to continue. The token is currently trading at $0.39, with a market cap of $112 million at the time of writing. Ultra touts itself as a blockchain-based PC game distribution network, offering new prospects to both fans and game producers. Within the Ultra platform, the Ultra token (UOS) serves a range of functions, both at the protocol (staking) and app-level (transactions).

Ultra Price Chart

As a result, understanding what others have to say about Ultra Token can be insightful if you’re thinking about investing in it. This article will provide you a quick overview of the Ultra Infinity Token’s price forecast for 2021 and beyond (up to 2025). The purpose is to help you decide whether Ultra Infinity Token is a good investment. 

What Is Ultra (UOS)?

Ultra is a gaming-performing platform. It aims to give solutions to the shortcomings of the gaming industry. Thus, it is an ecosystem in which players may, in addition to purchasing and playing games, resell their used games and accessories and earn money by participating. Moreover, new revenue streams, SDKs, overlay technologies, and blockchain tools will help game developers improve their games with features like item distribution. 

Ultra has created its EOS.IO blockchain to provide free user account creation and increased transaction throughput through better resource allocation. Ultra has a well-established partnership with AMD, a semiconductor business, and Ubisoft, a video game publisher. Furthermore, Ultra is a self-sustaining ecosystem in which different actors are rewarded for using their tokens through various channels according to their demands. Within the Ultra platform, it’s being used as a full-fledged medium of exchange for any actions that could benefit from blockchain technology.

How Does Ultra Work?

The Ultra ecosystem is set up in such a way that developers are rewarded for keeping a percentage of their earnings within it. Developers, for example, will be able to use UOS to improve their games and communities, such as reinvesting profits in advertising or creating unique and valuable virtual items for players. Furthermore, all developers can personally decide how much of their earnings should be split to publishers and influencers who promote a game for them.

Blockchain allows Ultra to provide more control and better deals to developers while also bringing exciting innovations and financial incentives to players. Moreover, it also allows Ultra to process nano-payments instantly. Proof of ownership, transaction transparency, and a slew of other features allow Ultra to provide more control and better deals to developers while also bringing exciting innovations and financial incentives to players.

Another intriguing aspect of Ultra is its cross-platform universal game library. This feature will allow gamers to view all the games they’ve purchased on marketplaces like Steam and launch them directly from Ultra’s platform. Notably, switching to Ultra will not compel gamers with vast game libraries to give up anything. Hence, they will be able to play all of their games under one roof. 

What Is the UOS Token?

UOS is the native token of the Ultra ecosystem, allowing quick and transparent value transfer between all stakeholders, including developers, influencers, and players. UOS tokens are required for all purchases of games, virtual objects, and services within the ecosystem. This covers things like reward programs, marketing, and digital goods trading, among other things. As the ecosystem evolves, all transactions will be performed on the blockchain with UOS tokens, resulting in a steady demand for Ultra token.

To ensure a seamless user experience, the fiat-to-UOS conversion procedure is fully integrated into Ultra. All of this is done with minimal friction. The consumer is unaware that blockchain technology is being used. UOS is the brain behind the blockchain’s resource management system. Regardless of the condition of the blockchain, staking UOS will bring you the best service quality.

Price Analysis for the Ultra Token (UOS) 2021-2025

Review of Ultra Token in 2020 

USO was launched in July 2019 with an average price of $0.040. According to the price graph, there was no significant growth until July 2020. However, after one year of trading on July 31, 2020, it gained traction, with USO surging from $0.039 to $0.14 in less than a month. Ultra token has been slowly gaining the attention of investors in 2020. The price of the token was at $0.04 at the beginning of the year, which went on to become $0.12 towards the end of 2020. Its market cap has also increased significantly last year and the upward trajectory continues. 

The price increase mostly happened after the Ultra became accessible to the public towards the end of 2020. To ensure that the deployment of their solution goes smoothly and as many users as possible benefit from all the features, the team is painstakingly crafting for gamers and game developers. Also, they’ve decided to do a soft launch divided into three stages, each allowing an increasing number of users access to the Ultra platform.

Factors Affecting the Price of Ultra Token

Ultra is creating a world-class PC game production platform and marketplace that will remove the current monopoly in distribution. Various projects have either been launched or are going to be launched and will affect the price of the token. The blockchain team has been quite active recently, focusing mostly on testing and implementing the basic technology that the platform relies on. They’ve spent a lot of work developing their own on-chain Oracle, which they utilize to convert crypto to money. Deploying an Oracle in a safe and high-availability manner is a difficult operation that necessitates a great deal of collaboration and attention to detail.

The main goal has been to get the Mainnet up and running. This means they’ve been working with their expert Block Producer partners to resolve a slew of internal dependencies, finalize policies and authorization structures, and go over all the deployment details. The more accessible it becomes to the community, the more heights the token will reach. 

Price Prediction for Ultra Token in 2021

As a result of the massive surge in UOS purchases, we can observe that the exclusive game launch has a big impact on the pricing. The big flood of new users puts the chart on a steeper trajectory towards $2.24 at the end of 12 months (if no more bear hits the crypto space) since we assume the new users that join for the exclusive will also be mining, watching advertising, and purchasing NFTs at the same rate as any other users. This indicates that this asset would be a good addition to your portfolio because trading in bullish markets is always easier.

Price Prediction for Ultra Token in 2022

The team is working hard to make the token more mainstream. Ultra wallet has recently been updated with new capabilities to make topping up UOS easier. They’re ecstatic to announce that you can now spend UOS on Amazon, eBay, and Walmart with Shopping.io. If projects like these come up quite often then it will be a boost to the market cap of the token. Keeping this in mind, if the bulls hit right, then the price of the token might reach $7 by the end of 2022, provided the team delivers what it has promised 

Price Prediction for Ultra Token for the Next 5 Years

Players can experience their newly purchased game before the download is completed by using Ultra. While gamers are playing, missing data is still being downloaded. Major firms such as Bethesda, Adobe, Riot, Zenimax, 343 Industries, and Bandai Namco have successfully distributed hundreds of millions of game downloads using the technology. All Ultra Games purchases, including games, virtual objects, and services, are made through smart contracts that require Ultra Coins, also known as UOS Tokens.

All Ultra features, including loyalty programs, beta testing, bug reporting, digital goods trading, marketing, and so on, rely only on UOS Tokens. Given these foundations of Ultra and the UOS token’s historical price history, most studies suggest a price range of $19-$20 in 2023-2025, based on historical pricing data, predictive modeling, and investor sentiment obtained from many sources online.

Ultra Token Price Prediction by the Market

Ultra is having quite a journey now. Projects and investments have been flooding over the token. Ultra has already taken control of over 5000 games with a user base of millions of developers and users. Therefore, most of the market predictions about the token are positive. 

If you’re considering buying the token, have a look at some of the most well-known publications and individuals, as well as their predictions for the UOS price, to obtain some other perspectives.

Wallet Investor

If you’re looking for a profitable virtual currency to invest in, UOS could be a fantastic choice. On June 6, 2021, the ultra price was 0.375. If you purchase Ultra now for $100, you will receive a total of 266.357 UOS. The price projection for June 2026 is 2.980 USD, based on the long-term growth estimates. The revenue is estimated to be around +694.67 percent after a 5-year investment. In 2026, your current $100 investment may be worth $794.67.

READ  Net Sales Volume of Digital Art Market NFTs Plunges From Recent Highs 

Digital Coin Price

According to the site, the price of Ultra will rise in the future based on their forecasted data. In a year, the price of one Ultra might be as high as $0.73784386, nearly double the current price. Based on their forecasting, it is a profitable investment, and the price will not fall based on their anticipated prognosis.

TradingBeasts

TradingBeasts say a resounding yes to the question of whether Ultra is a solid investment. This coin’s price is expected to reach $0.6076550 in 2021, with a rise to $0.6834091 by the end of 2022.

Gov Capital

The current price of UOS is $0.397 as of June 11, 2021, and their data shows that the asset price has been rising for the past year (or since its inception). Because Ultra has been trending upward, they believe that similar market categories were quite popular throughout the period in question.

Their website employs a unique Deep Learning-based algorithm that assists our users in determining whether UOS is a good future portfolio addition. These forecasts take into account a variety of factors, including volume changes, price changes, market cycles, and comparable currencies. According to the projection method, the asset’s future price will be $1.317956 (231.979 percent) after a year. This indicates that if you put $100 into an investment now, it may be worth $331.979 on June 11, 2022.

Conclusion

In the game industry, revenue distribution and decentralization are always top priorities. However, users and developers frequently complain about revenue and fair decisions. Ultra guarantees to generate 21% more money than the current gaming platform. According to the official portal, nearly 33 billion adverts are displayed every day. Besides, Ultra has seen a significant increase in traffic, as well as new firms such as Adobe, Zenimax, and others joining the platform to expand video game capabilities. With its gaming specialization, the Ultra blockchain has a bright future and will draw more users in the future.

#Crypto #NFT News #NFTs #Ultra #Ultra Price Prediction

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/ultra-price-prediction-2021-2025-uos-price-can-hit-19-by-2025

Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

Published

on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

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Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

Published

on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

Continue Reading

Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

Published

on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

Continue Reading

Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

Published

on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

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