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Balancer Price Prediction

7 hours ago by Anna Key

Balancer Price Prediction

  • The highest BAL Projection in 2021 is $32.47
  • The lowest expected Balancer price is $20.30
  • Analysts' BAL Projection ranges from $20.30 to $22.84

Launched in March 2020, Balancer is a “non-custodial portfolio manager, liquidity provider, and price sensor” created by Fernando Martinelli and Nikolai Mushegian. Balancer runs on the Ethereum blockchain technology. Balancer allows community members to earn rewards and benefits by contributing certain amounts in liquidity pools, where tokens are locked in a smart contract. 

Latest Balancer news

Balancer Technical Analysis

Currently, Balancer is ranked #403 on Coinmarketcap with a market cap of $148,368,816.
On Coingecko Balancer is ranked #331. 

Balancer can be traded on the following platforms: Binance, CoinBase, UniSwap, KuCoin, Gate.io, Huobi Global, etc. 

  • Cryptocurrency Name: Balancer
  • Ticker Symbol: BAL
  • BAL Price: $21.40
  • Market cap: $148,368,816
  • All-time high: $74.45 (May 4, 2021)
  • All-time low: $6.65 (June 23, 2020)

What is Balancer?

  • Balancer is a solution with built-in fundamental characteristics. 
  • Pools created on Balancer are self-adjustable, meaning that the tokens are kept equally weighted regardless of the price movements. 
  • Users are allowed to add more than one token.
  • There is no requirement for ETH tokens.
  • Liquidity providers are allowed to have up to eight asset per one market. 
  • Balancer has been fully audited three times by Trail of Bits, ConsenSys and OpenZeppelin.
  • Balancer uses its own governance token called BAL with a total supply of 100M tokens.

Analysts' Price Forecasts 

Walletinvestor Balancer Price Prediction

Walletinvestor indicates that Balancer is a good investment option at the moment. The Balancer price may fluctuate between $21.445 and $31.647 after one year (+47.57%). According to the BAL price prediction, the price could increase in the next few years. By 2026 it may go up to $75.262. 

Priceprediction.net Balancer Price Prediction

Priceprediction.net predicts a spike in Balancer price in the future. The expected price for December 2021 ranges between $20.30 and $22.84. In 2022 the BAL price prediction shows a slight increase -- the price may hit the $37.04 mark. By 2025 the BAL price is likely to surpass the current ATH and reach as much as $113.10. By 2030 the BAL price could surpass $500 and hit a new all-time high of $712.37.

Gov.Capital Balancer Price Prediction

As of today, Gov.Capital data indicates that the BAL price may go down to $99.53 next year. Thus the platform strongly recommends investing in Balancer or adding the coin to your portfolio. Gov.Capital makes predictions by comparing key variables such as volume, price, and market cycle changes of similar coins. 

Digitalcoin Balancer Price Prediction

Based on the data gathered by Digitalcoin, the BAL price will continue to increase in the future. Balancer has good growth potential. In 2021 the price may go up to $32.47. In 2022 it is going to increase up to $37.43. In 2024 Balancer could surpass the $55 level. In 2025 the BAL price is expected to reach $66.76. By 2028 the Cudos price may hit the $93.19 mark.

Trading Beasts Balancer Price Prediction

Last but not least, Trading Beasts indicates a decrease in future BAL prices. By the end of this year, the average BAL price could go down to $16.926. Next year the expected maximum BAL price is set to reach the $22.034 level. The website predicts no sharp surges or drops for Balancer. 

Conclusion

As far as we can tell, it is hard to predict whether the Balancer price will go up or down. Most experts base their BAL price prediction on the previous positive patterns of the coin. They believe Balancer is a good long-term investment. However, others suspect that there could be a sharp drop in value soon.

Check out the latest Cudos price prediction from analysts

FAQ

What is the expected Balancer price for 2021?

The BAL price could go up to $32.47 before the end of this year.

Is Balancer a good investment?

Some experts believe that Balancer is a good long-term investment, while others recommend refraining from investing in Balancer at the moment. 

What is Balancer?

Balancer is a “non-custodial portfolio manager, liquidity provider, and price sensor” created by Fernando Martinelli and Nikolai Mushegian. Balancer runs on the Ethereum blockchain technology. 

What is the expected Balancer price for 2025?

The BAL price is expected to fluctuate between $66.76 and $113.10 in 2025. 

WalletInvestor Balancer Price Prediction for 2021—2025

The WalletInvestor shows us that the Balancer price can reach up to $2.531 price in 2021. By the end of 2025, the strongest rise in price is expected up to 0%. As a result of the past updates released by the project, the BAL price can approach $0 by the end of December 2025.

TradingBeasts Balancer Price Prediction 2021, 2022

Just as TradingBeasts assumed we can see an upward price movement. In 2021, BAL coin price can hit $9.197. By the end of 2022, the Balancer price can show us the same upward patterns that we saw in 2021, the price can approach $15.036.

DigitalCoin Balancer Price prediction 2025

The Balancer cryptocurrency price will increasingly move up by the end of 2026 as claimed by DigitalCoin analysis. By the end of 2022, BAL price will continue approaching $28.4127. Balancer will become an even more widely used cryptocurrency, with ever-growing popularity among users. Balancer price for 2025 is $85.14359.

Conclusion

Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project’s roadmap. Remember to always do your own research.

FAQ

Is Balancer a good investment?

According to the experts' forecasts, Balancer will be a good investment.

Does Balancer Have Potential?

The BAL is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Balancer forecast is positive, It has potential.

How much will Balancer be worth in 2021?

In 2021 the price of BAL is expected to reach $19.63253, based on the forecasting from various sources.

How much will Balancer be worth in 2022?

In 2022 the price of BAL is expected to reach $28.4127, based on the forecasting from various sources.

How much will Balancer be worth in 2025?

In 2025 the price of BAL is expected to reach $85.14359, based on the forecasting from various sources.


The content of this article is for informational purposes only and should not be construed as investment advice. We ask you to do your research. This text is not a guide to action. The author's opinion may not coincide with the opinion of CoinJoy