Will Papper, the co-founder of Syndicate DAO, built Adventure Gold as an ERC-20 token to function as the native currency of the Loot Ecosystem. Loot is a gamified ecosystem that allows users to generate random adventure gear usually stored on-chain. Note that Loot contains no front end, and its functionality is only based on 8,000 text-generated NFTs.
We will focus on what Adventure Gold is, make a keen observation on the price direction of the token, and establish whether the AGLD token is a good investment. Importantly, we will talk about famous crypto influencer Adventure Gold Price Predictions and any notable observations digital currency investors make. This will allow you to understand the current market situation of the Adventure Gold price. Plus, you will quickly figure out Adventure Gold’s price prediction between 2022 and 2030.
What is Adventure Gold (AGLD)?
Adventure Gold (AGLD) is an Ethereum token that owners of Loot Project NFTs airdropped. Loot is a project that generated randomized adventure gear stored on-chain that can serve as the foundation for games built in the future. AGLD can potentially be used as an in-game currency for similar games and projects eventually built on top of the Loot Project.
Using smart contracts, Adventure Gold was issued as an ERC-20 token on the Ethereum blockchain. The total supply of this coin was fixed at Adventure Gold Price 100,000,000 AG. The Adventure gold token is a medium of exchange on the Loot Ecosystem and can also be traded on exchanges.
The Adventure Gold price surged in value as Hoffman announced that he would use the proceeds from the ICO to build out the Adventure Gold ecosystem. At one point, Adventure Gold was trading at over $0.50 on some exchanges but has since pulled back to the Adventure Gold Price current level of around $0.20.
Adventure Gold is currently ranked #952 on CoinMarketCap with a market cap of Adventure Gold Price of $11,584,577. The coin has a 24-hour volume of Adventure Gold Price $22,228 and a circulating supply of Adventure Gold Price 58,625,000 Adventure Gold.
Adventure capital raised about Adventure Gold Price $750K through private funding rounds and ICOs to build the Loot Ecosystem. In this ecosystem, Adventure Gold is used as a medium of exchange. The Adventure Gold price surged in value when Hoffman announced using the Adventure Capital proceeds to build out the Adventure Capital ecosystem.
At one point, Adventure Gold was trading at over $7.50 on some exchanges but has since pulled back to the current level of around $1.115. Adventure Gold is currently ranked #952 on CoinMarketCap with a market cap of Adventure Capital Price $11,584,577. The coin has a 24-hour volume of $22,228 and a circulating supply of Adventure of 58,625,000 Adventure Gold.
Who Are the AGLD Founders?
Will Papper, the co-founder of Syndicate DAO, a blockchain-based investing platform, created Adventure Gold. Papper is a Stanford University graduate and a crypto-native, having held Ethereum since the 2014 pre-sale. In response to Vitalik Buterin’s support and urging others to build on it, he established AGLD. AGLD was created one day after Buterin’s endorsement on Twitter by Papper, who wrote most of the code in four hours at a bit of airport in Oregon.
Starting on September 2021, Adventure Gold (AGLD) became available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store AGLD in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro.
$AGLD(Adventure Gold) was listed on LBank on 3 September 2021 @lootproject
What makes AGLD so special?
The approach followed by the underlying Loot NFT game has long been sought after by the community, with users building on top of it as an endorsement. While the code simplicity and uniqueness behind Loot inspired the Web3 community to create various derivatives based around it, AGLD itself aims to be utilized as a governance token and have users vote on future updates.
Papper and other “extremely reputable community members” can execute non-executory permissions, such as minting decisions and other governance suggestions, in a multisig group that includes Papper. The development speed of Loot, Adventure Gold, and the project’s buzz have also contributed to an exceptionally volatile trading climate fueled by the decision of major exchanges like Poloniex and Binance to list AGLD.
AGLD Price Live Data from CoinMarketCap
Today, the live Adventure Gold price is $1.21 with a 24-hour trading volume of $175,195,120. Adventure Gold has been up 31.98% in the last 24 hours. The current CoinMarketCap ranking is #394, with a live market cap of $84,815,679. It has a circulating supply of 70,170,001 AGLD coins and the max. supply is not available.
The total supply of AGLD is 75.3 million. Each of the 8,000 initial Loot NFTs was gifted 10,000 AGLD as airdrop, making the rest available on the market. Exchanges including Huobi, FTX, and Uniswap V3 are currently among the largest holders of the token.
How Does Adventure Gold Network Protect You?
AGLD is an ERC-20 Ethereum-based cryptocurrency. The token does not have a security auditing system, but it is managed by a multisig that includes the game’s creator and several other yet unidentified wallets.
AGLD Current Price
As of now, AGLD/USD is at $1.14. The 24-hour trading volume is $16,384,167 as of 16 February 2022. AGLD total trading volume has tested $80,588,855. The chart below shows the historical market capitalization of adventure gold.
Adventure Gold technical analysis
Adventure Gold price prediction market capitalization Source: Coin Market Cap
AGLD/USD price is trading slightly below the 50-day moving average. A break out above the MA could see Adventure gold price rise today could break past a downtrend that began last 1 November. You can see the gradual drop in the token price from October 2021 to February 2022. The MACD shows the possibility of a downtrend, given the long red bars on the daily chart.
Oscillators, technical indicators, and moving averages are pointing towards the neutral on the 1-month adventure gold price prediction summary by TradingView. This is as shown on the chart below:
Adventure gold price prediction 1-month technical indicators summary Source: TradingView
We project a bear market for the next 90 investing days, with a glimmer of a bull market at the turn of quarters from Q1 to Q2. We expect whales and other more prominent investment players in the market to finish filling their bags around that time, resulting in an everyday and sudden cryptocurrency surge.
We consider four components: team, tokenomics, use case, community, and marketing efforts. Other factors developed in our crypto lab are liquidity and exchange availability, hype and speculative potential, and a few other proprietary criteria.
AGLD Price Predictions 2022 – 2030
This price prediction assumes that Adventure gold will be a medium of exchange in the Loot Ecosystem. If Adventure gold fails to achieve this, its price could drop significantly. The Adventure Capital team has done a great job building out the ecosystem and has a clear roadmap for the future. Adventure Gold Price. If Adventure Capital can continue to execute its plans, then Adventure Gold could see significant price appreciation in the years ahead.
The value of the AGLD currency is expected to rise significantly shortly. The long-term price of crypto is subject to much debate. For example, WalletInvestor predicts that the crypto will plummet to just over $0.11 within a year.
PricePrediction believes that AGLD will be worth $ Adventure Gold Price by then. On the other hand, Adventure Capital believes that AGLD will be worth $ Adventure Gold Price 50 in a year.
This wide range of predictions shows that it is difficult to say what the future holds for Adventure gold. However, suppose Adventure Capital can continue to build out its ecosystem and increase the adoption of Adventure Gold. In that case, Adventure Gold may achieve significant price appreciation in the years ahead.
According to Cryptopolitan’s Adventure Gold price predictions model, the price of AGLD in 5 years could be anywhere from a minimum price value of $ 4.64 to a maximum price of $ 16.82.
AGLD is expected to rise to $1.47 shortly and earn a good return. It could also go to a maximum price of $12.25 or more in the predicted long term (8-10 years).
AGLD Price Prediction by Industry Experts
Five months ago, Crypto Ninja made a slight observation on the market position of AGLD. In this Youtube Video, the influencer noted the price of the NFT token had grown by 1300% and posited that the token still had the potential to grow by 1200%+ in the medium-term.
Recently, another video surfaced online about Adventure Gold price prediction 2022. The video by CryptoGlobe100 observed a whopping 611% increase in market volume for AGLD tokens. If the massive volume pumps keep coming, the price of AGLD will keep rising:
Is Adventure Gold a good investment in 2022?
The average of these predictions is about $1.93, which is still a premium to the token’s current value of $1.58. However, they don’t consider one essential thing. When will the Loot NFT game fully launch? Until then, Adventure Gold’s most prominent use case is a moot point because the NFTs that investors purchase with AGLD are useless.
At this point, 87 percent of all AGLD trading activity is a buy. Future volatility is expected, and any traders who want to get in on AGLD might want to consider waiting out the current pump until the next dip to capitalize on longer-term gains. The average AGLD hold is seven days, but that could change if (or when) the Loot game materializes.
Conclusion
The current price of the AGLD currency is anticipated to rise substantially shortly. The long-term price of the token is debatable due to the varied price forecasts offered by crypto analysts.
It’s tough to ascertain the future for AGLD’s price because of this wide range of forecasts. However, suppose Adventure Capital can continue to develop its ecosystem and increase the rate at which people embrace AGLD. In that case, it is conceivable that it will see significant price appreciation in the years ahead.
Will AGLD succeed to the best maximum value?
Projects in the crypto world collapse due to a variety of causes. Some of the most typical ones are: the team goes rogue and abandons the project, regulators declare it illegal, exchanges demand that it be delisted, a lack of media attention, more successful rivals, a lack of well-designed marketing strategy, community support loss, potential protocol vulnerability, failure to deliver on promises, lack of actual use for the token, and so much more.
Many people are worried about potential pitfalls in the token economy. The team is doing its best to prevent collapse or failure. What I think will happen next is that the price will go up as the product improves. Remember to do your research before dipping your toes into any future price investment based on these AGLD price predictions or any cryptocurrency market analysis.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and consultation with a qualified professional before making any investment decisions.
Source: https://www.cryptopolitan.com/adventure-gold-price-prediction/