LimeWire is a platform that allows content creators, artists, and brands to build communities based on memberships. Creators can offer fans exclusive access to their community and journey as an artist, and generate recurring revenue streams.
Moreover, fans can also own and trade exclusive content and assets through blockchain technology, and participate in the success of the creators they support.
The LimeWire token LMWR is a utility token based on the ERC-20 standard that offers advantages and rewards to its holders and improves the user experience on the LimeWire platform. LimeWire secured $10.4 Million in a pre-sale of the token with solid supporters.
LimeWire crypto price chart showcases some sort of weakness after a strong bullish rally. The price dropped nearly 11% in the past three sessions. The daily chart witnesses the formation of a neutral to bearish candlestick in the recent sessions.
Moreover, the price trend analysis illustrates a strong short-term outlook above the 50-day EMA. The price formed an inclining trajectory after surpassing the 50-day EMA. The LMWR crypto price trades at $0.272 with a gain of over 213% within a month.
LimeWire Price Prediction 2023
The volume analysis shows that LMWR had a 24-hour trading volume of $933.9K with a gain of 10.91% as compared to the last day. The live market cap of LimeWire is $13.73 Million and ranks 784th among the top cryptos. The volume-to-market cap ratio is 6.95% indicating mild volatility in the market.
The price prediction for November 2023 showcases a bullish outlook over the daily timeframe. The optimistic view of analysts estimates the price may reach a high of $0.33 by the year-end. The pessimistic view of analysts estimates the price may drop to $0.21.
LimeWire Price Prediction 2024
As per the analysts, the most optimistic target that the LimeWire price may achieve is $0.442 indicating an upside potential of 61.84% from the CMP. The average analyst price target is $0.373 by the end of 2024. However, the pessimistic view of analysts expects the price to reach $0.305.
LimeWire Price Prediction 2025
The most optimistic analyst forecast for LimeWire crypto expects the price to reach a high of $0.603 with a potential gain of 120.3% from the CMP. The minimum forecasted price by the end of 2025 is $0.388. The average predicted price till 2025 is $0.494.
LimeWire Price Prediction 2026
The LMWR price may reach a high of $0.941 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $0.5776 by 2026.
LimeWire Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates the LMWR price to reach a high of $1.104. The minimum price target of analysts is $0.841 by 2027.
LimeWire Price Prediction 2028
Till 2028, the overall crypto market may see more exposure and evolve more. On the most optimistic side, the LimeWire price may advance to a high of $1.472. However, the pessimistic view of analysts expects the price to reach $1.13.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
Source: https://www.thecoinrepublic.com/2023/11/29/limewire-price-prediction-2023-2028-can-lmwr-reach-1-by-2025/