The post Verasity Price Prediction 2023, 2024, 2025: Will VRA Price Go Up? appeared first on Coinpedia Fintech News

The crypto industry is regarded as a double-edged sword. Whilst some projects facilitate superior investment opportunities, some end up in fraud. Verasity (VRA) is one such unique project that supports a unique patented “Proof-of-View” consensus mechanism. Via which it intends to resolve the NFT fraud and challenges of video streaming.

Since its advent, Verasity price has achieved significant gains with the subsequent evolution of its use cases in the video advertising industry. As the project intends to encourage publishers and game developers across the globe. It has managed to lure savvies, who have been keen on the price projection of its native asset VRA.

Are you acute about investing in VRA, but concerned about its future prospects? Fret not, as we decode the plausible price prediction of the altcoin for 2023 and the years to come. 

Overview

*The statistics are from press time.

Verasity Price Prediction October 2023

Following the news of Verasity burn the gain has gained massive momentum resulting in the price to gain value. The coin has gained over 60$ in the last week making it one of the top gainers in the industry. The coin has been trading in an ascending channel since the surge and has made multiple attempts to break out of the channel.

The MACD was seen constantly rising but recently it displayed a decline, indicating a possibility of a trend reversal in the coming time. Further, the chart displays a rising red histogram indicating a bearish trend in the market.

If the bulls manage to hold the price above the support trend line then the price will continue to trade in the ascending channel. Further, if the bulls gain power and push the price above the $0.007 mark then the price will experience a bullish moment resulting in the price to continue rising in the coming days and test its upper resistance of $0.008157.

On the contrary, if the bears gain power and pull the price below the support trendline then the price will continue to fall as the VRA price will lose momentum. Moreover, if the coin fails to hold its price above the support level of $0.00600 then the price will continue to fall and test its lower support level of $0.00502.

Verasity Price Prediction 2023

The coin has been constantly trading in a consolidated ranges from a brief period of time. The VRA price recently broke out of multiple resistance level indicating a bullish movement for the coin. The coin is presently testing the resistance level of $0.006525.

The MACD displays a rising green histogram, indicating a massive price action in the coming days. Further, the chart displays the averages rising, indicating the price to continue to gain in the coming weeks.

If the protocol manages to establish its prominence in the crypto industry. And manages to empower its userbase, the cryptocurrency might possibly surge to establish a peak at $0.0112.

However, if the sector it caters to ebbs in stance, the price might drop to $0.00511. Successively, factoring in the bullish and bearish targets the altcoin might settle at $0.00815. 

VRA Price Prediction For 2023 – 2030

VRA Price Prediction 2024

The project might witness growing adoptions and collaborations in due course of time. In such a case, VRA might surge to a maximum of $0.0148.

On the downside, if the protocol fails to upkeep its userbase, the price might head south toward its potential low of $0.00836. That being said, the lack of fulfilling initiatives might conclude the year at $0.0115. 

Verasity Price Prediction 2025

As the video streaming industry, NFTs marketplace and gaming space are expected to flourish in upcoming years. With its promising events in line, the future seems to be progressive for Verasity with new milestones are awaited on its way. If the network successfully achieves the planned updates as per its roadmap. Then the VRA price may hit $0.0206 by the end of 2025.

On the flip side, if the platform fails to entertain the traction of the user base. And falls prey to widespread conjectures, the bears may easily take over. In such a case the VRA price may face a downfall to $0.0112. Conversely, constrained by a linear momentum the regular price might find its base at $0.0194. 

Verasity Price Prediction 2026

According to our analysts, VRA crypto prediction for the year 2026 could range between $0.0182 to $0.0299 and the average Verasity coin price could be around $0.2405.

VRA Price Prediction 2027

According to our analysts, Verasity crypto prediction for the year 2027 could range between $0.0236 to $0.0363 and the average VRA coin price could be around $0.02995.

Verasity Crypto Price Prediction 2028

According to our analysts, VRA crypto prediction for the year 2028 could range between $0.0299 to $0.0425 and the average Verasity coin price could be around $0.0362.

VRA Coin Price Prediction 2029

According to our analysts, Verasity crypto prediction for the year 2029 could range between $0.0362 to $0.0517 and the average VRA coin price could be around $0.04395.

Verasity Price Prediction 2030

According to our analysts, VRA crypto prediction for the year 2030 could range between $0.0411 to $0.0666 and the average Verasity coin price could be around $0.05385.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Price Prediction

The VRA seems to be unstoppable in the near future with a series of events lined up for launch. According to CoinPedia’s formulated Verasity price prediction. If the network launches upgrades such as per the schedule, the price may easily surpass the $0.0100 mark this year, with a high of $0.0112.. 

If the network fails to execute its plan, then the price can flip into a bearish trap and dip to $0.00511. Considering average buy and sell pressure and keeping the above factors in mind. The average price by the end of 2023 would be $0.00815.

Fundamental Analysis

Verasity (VRA) was founded on May 18th, 2018 by RJ Mark. The founder holds substantial experience in the video and media industry. RJ Mark has accumulated knowledge in the research and development of compression programs for video streaming applications. Used at Action TV in the United Kingdom in 2000.

Moreover, he had served as the CEO of Datacard, a data management company. He further managed to find other companies in the privacy management and media industry prior he started with Verasity. David Archer, a director of Verasity Foundation has completed his graduation from the London School of Economics and Political science. 

Other professionals including Sergy Molybog, Kyrylo Bibik, and Dmytro Medianik hold a proven track record in programming languages. In addition, the network has a tremendous clearly articulated and distinct roadmap built to achieve its business goals in each market.

To date, the team has accomplished the launch of VeraWallet, Video ad campaigns, hosting Esports tournaments, and introducing a revamped tournament site. The protocol has plans to launch its own NFT marketplace, along with VeraViews, an advertising platform, and other numerous projects are on the radar.

What Is Verasity?

Verasity (VRA) is a protocol for Esports and Video Entertainment platforms. That facilitates a unique patented Proof-of-View consensus-mechanism to resolve the NFT frauds and problems related to video advertising. The product lines drift across different enterprises but are all built on the Proof of View consensus-mechanism as their mainstay. 

The Verasity has its own native token called VRA. However, the platform supports VeraWallet on its blockchain on which the VRA token could be utilized as the primary currency. In order to take part in video gaming and advertising. Moreover, the Proof-of-View consensus mechanism records each view on the ledger as factual. And offers stakeholders within the video ad space a transparent media for registering organic human views in real-time.

The platform encourages to empower the swiftly growing esports and gaming platforms. By facilitating efficient server infrastructure, PoV security mechanism, and VeraPlayer.

Verasity Historic Market Sentiments 2020 -2022

• Verasity went live on the mainnet in 2020. As the platform was new to the new space, the VRA price hovered around $0.0004 to $0.003 throughout the year.
• Initially, in its bull cycle, VRA’s price surged more than 500% to claim its ATH at $0.04773 on 4th April. The Chinese market turmoil on May 19th led to a steep fall to $0.009 in the next two months. 
• The VRA price underwent two extreme bull cycles with massive gains. In the first leg up, the asset took a leap from $0.009 to $0.045 with profits over 500%. 
• With a short correction at $0.030, the asset broke out to surge by another 500%. To claim its ATH at $0.08683 on November 1st.
• However, the altcoin went through massive sell-offs. Which dragged the price to $0.034 by the 31st of December.
• Verasity’s VRA had continued its move to 2022 in a downtrend and with a price tag of $0.0349.
• Failing to sustain amidst the tensities in the globe, dragged the price back to its crucial level of $0.0195. Whilst VRA attempted a leg-up to $0.024 by the start of March.
• The dominance of sellers further exacerbated the sideways trend. It was on the 27th of March when a bullish spike in volumes helped VRA close the quarter at $0.029. 
• VRA lost over 80% in value by the last day of the second quarter. When the altcoin was changing hands at $0.3761. The year ended on a bearish note with a value of $0.002204.

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

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