The purpose of this article is to provide an in-depth analysis and prediction of the future price of Pangolin (PNG), a decentralized exchange (DEX) that operates on the Avalanche network.
We aim to equip you with a comprehensive understanding of the factors that may influence the PNG price, enabling you to make informed decisions regarding your cryptocurrency investments.
To arrive at the most accurate Pangolin price prediction, we will rely on a combination of technical analysis, historical data, and current market trends.
Factors such as PNG’s overall demand, the crypto market’s general direction, and significant global economic events will all be taken into account in our analysis.
For instance, we will examine how regulatory changes in major economies could impact the PNG price.
Similarly, technological advancements within the Avalanche network and the broader crypto ecosystem could also play a crucial role.
By considering these diverse factors, we aim to provide you with a well-rounded and reliable Pangolin price prediction.
Pangolin (PNG) Fundamental Analysis
Project Name | Pangolin |
Symbol | PNG |
Current Price | $ 0.127939 |
Price Change (24h) | 2.33% |
Market Cap | $ 28.19 M |
Volume (24h) | $ 511,749 |
Current Supply | 220,373,971 |
Pangolin (PNG) is currently trading at $ 0.127939 and has a market capitalization of $ 28.19 M.
Over the last 24 hours, the price of Pangolin has changed by 2.33%, positioning it 646 in the ranking among all cryptocurrencies with a daily volume of $ 511,749.
Pangolin (PNG) Long-Term Price Prediction
Year | Lowest Price | Average Price | Highest Price |
---|---|---|---|
2025 | $12.88 | $16.20 | $19.58 |
2026 | $21.27 | $26.34 | $31.24 |
2027 | $16.34 | $20.05 | $24.89 |
2028 | $14.21 | $18.57 | $22.77 |
2029 | $23.41 | $28.49 | $34.07 |
2030 | $32.37 | $39.82 | $47.12 |
Pangolin Price Prediction 2025
In 2025, expect the Pangolin (PNG) to reach new heights, given the consistent level of market adoption and continued technological developments within the crypto ecosystem.
The highest prediction is $19.58, which is a result of enthusiastic participation in the Defi space where Pangolin operates.
The average price of $16.20 is predicted due to a constant influx of new investors and technological advancements of the platform.
Pangolin Price Prediction 2026
The crypto industry is expected to become more mainstream in 2026, leading to an increased market cap and higher prices.
With more people getting familiarized with Defi and Avalanche, Pangolin can expect an average price of $26.34 and $31.24 at its peak, optimizing the platform’s earning potential.
Pangolin Price Prediction 2027
In 2027, market corrections are expected as investors will likely be looking to secure their profits from the previous run.
With a lower floor of $16.34, the average price is expected to be around $20.05 with highs of up to $24.89.
It further validates that even in a correction year, the market has a healthy outlook on Pangolin’s potential.
Pangolin Price Prediction 2028
Even though the price will seem to go lower in 2028 with a base of $14.21 and highs of up to $22.77, the overall market sentiment is still optimistic.
A lower average price of $18.57 could be due to general market volatility during these correction cycles.
Pangolin Price Prediction 2029
In 2029, the price of PNG is expected to bounce back significantly due to renewed investor optimism and improved technological infrastructure.
Given the vibrant developments in Defi and increased adoption of cryptocurrencies, an average price of $28.49 and a high of $34.07 is expected.
Pangolin Price Prediction 2030
In 2030, with more regulations in place and global acceptance of cryptocurrencies, we predict Pangolin will hit an average price of $39.82 and could peak at $47.12.
As the crypto market matures, more investors and companies might find value in Defi projects like Pangolin, pushing its price upwards.
Pangolin (PNG) Technical Analysis
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Technical Analysis is a forecasting method used by traders which involves analysing statistical trends gathered from trading activity, such as price movement and volume.
It is important when doing Pangolin price predictions as it aids in more accurate forecasting by studying market patterns and behavior through historical data.
- Moving Averages: This is an important indicator which smoothens price data to form a trend following indicator. They do not predict the price direction rather, they identify the price movement direction after the fact.
- Relative Strength Index (RSI): This is a momentum oscillator that measures the speed and change of price movements. It is used to identify overbought or oversold conditions in a market.
- Bollinger Bands: This is a volatility indicator that uses standard deviations plotted in a set variance away from a simple moving average. If the price swings outside the band, it could be an indication of where prices may head towards.
Pangolin Price Predictions FAQs
What is Pangolin?
Pangolin is a decentralized exchange (DEX) that runs on Avalanche, uses the same automated market-making (AMM) model as Uniswap, features a native utility token called PNG.
It was launched in February 2021 with the aim of providing a fast, secure and efficient platform for trading cryptocurrencies.
How is the Pangolin price predicted?
The price of Pangolin is predicted using technical analysis which involves the study of historical price movements and statistical trends.
Traders look at various indicators such as moving averages, RSI, and Bollinger Bands to make future price predictions.
What will be the future price of Pangolin?
It’s difficult to give a concrete prediction of the future price of Pangolin as it largely depends on the overall market condition, investor sentiment, and the development progress of the project itself.
Therefore, it’s recommended to do thorough research before making any investment decisions.
Is investing in Pangolin risky?
Investing in any cryptocurrency, including Pangolin, involves risk as the market is highly volatile and unpredictable.
While potential rewards can be high, there’s also a chance of losing your investment. It’s crucial to only invest what you can afford to lose and seek advice from a financial advisor.