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The Ontology project is a multi-level network in which participating organizations can interact with other systems, such as EOS, Ethereum, and QTUM, which also support NEO. Businesses can trade and store their digital assets on the NEO network, as well as connect to other digital currency systems.
The next level of the Ontology project is the level of custom protocols and APIs. These tools will allow business companies that participate in the Ontology project to create their own blockchains themselves. Its next level enables business participants to implement blockchain solutions and ensure they are legal, transparent, and easily controlled.
Ontology (ONT) is the project of Onchain, a Chinese company that focuses on blockchain technologies. There was no ICO – the tokens were given to the holders of NEO coins (2 ONT for 1 NEO).
The airdrop started in October 2017 and successfully finished in January 2018. ONT boasts a very high ROI (261.2% ROI since ICO in US dollars, and 494% ROI in Bitcoins). Today, ONT costs 3.6 times higher than during the ICO when it was sold for $0.20. What made ONT popular is the widespread adoption and implementation of Ontology in different platforms and exchanges (it’s listed on Abucoin, Binance, Bitbns, Huobi, Gate.io, and OKEx).
Ontology Coin (ONT) Overview
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Ontology is a network that combines the blockchain and the real economy. Unlike other projects of this kind, Ontology emphasizes digital identity and trust management.
As we’ve mentioned, there are three basic levels in the Ontology system, and the middle level is particularly interesting because it offers protocols for creation of dApps: for example, Ontology Common (digital identification of users), Ontology Custom (building business models on the blockchain), Ontology ID (digital verification for organizing the “Internet of things”) and so on. According to experts, the modules are very simple and resemble a designer from which you can assemble anything.
In Ontology, everything is built on trust. Users pass identification and form the so-called trust anchors, which are then combined into “trust trees”.
On a purely technical level, Ontology is also different from other cryptocurrencies. For example, it uses the modified dBFT consensus protocol, also known as the Byzantine generals task. This is a variation of the PoS protocol, in which the delegates selected during the voting support the network performance.
Ontology Coin Price Analysis
According to the latest data gathered, the current price of Ontology is $$0.18, and ONT is presently ranked No. 144 in the entire crypto ecosystem. The circulation supply of Ontology is 875,249,524 ONT, with a market cap of $158,398,103.23.
In the past 24 hours, the crypto has decreased by $0.03 in its current value.
Ontology is facing a hard time getting on board with other crypto coins. ONT has fallen by almost 16.87% in the last 7 days. With concerns about the associated risks intensifying in the past few days, we don’t think the coin would be a profitable asset in the short term, even though it might have strong fundamentals.
Within the last month, the price of ONT has decreased by 19.07%, eliminating a whopping average sum of $0.03 from its current value. This sudden drop means that the coin is in a dip right now, so it can be a good buying opportunity for quick investment.
Ontology Coin Prediction Table
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Ontology Price Prediction 2022
According to the technical analysis of Ontology prices expected in 2022, the minimum cost of Ontology will be $0.229977. The maximum level that the ONT price can reach is $0.259974. The average trading price is expected around $0.249975.
ONT Price Forecast for November 2022
Based on the price fluctuations of Ontology at the beginning of 2022, crypto experts expect the average ONT rate of $0.239976 in November 2022. Its minimum and maximum prices can be expected at $0.219978 and at $0.249975, respectively.
December 2022: Ontology Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ONT price in December 2022. The minimum trading cost might be $0.229977, while the maximum might reach $0.259974 during this month. On average, it is expected that the value of Ontology might be around $0.249975.
Ontology Price Prediction 2023
After the analysis of the prices of Ontology in previous years, it is assumed that in 2023, the minimum price of Ontology will be around $0.359964. The maximum expected ONT price may be around $0.409959. On average, the trading price might be $0.369963 in 2023.
Ontology Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Ontology, in 2024, ONT is expected to have the following minimum and maximum prices: about $0.539946 and $0.629937, respectively. The average expected trading cost is $0.559944.
Ontology Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Ontology and their fluctuations during the previous years. It is assumed that in 2025, the minimum ONT price might drop to $0.789921, while its maximum can reach $0.929907. On average, the trading cost will be around $0.819918.
Ontology Price Prediction 2026
Based on the analysis of the costs of Ontology by crypto experts, the following maximum and minimum ONT prices are expected in 2026: $1.35 and $1.07. On average, it will be traded at $1.11.
Ontology Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Ontology. Based on their predictions, the estimated average ONT price will be around $1.67. It might drop to a minimum of $1.63, but it still might reach $1.89 throughout 2027.
Ontology Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Ontology. It is estimated that ONT will be traded between $2.48 and $2.83 in 2028. Its average cost is expected at around $2.55 during the year.
Ontology Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Ontology’s price. The year 2029 will be determined by the maximum ONT price of $4.37. However, its rate might drop to around $3.47. So, the expected average trading price is $3.60.
Ontology Price Prediction 2030
After years of analysis of the Ontology price, crypto experts are ready to provide their ONT cost estimation for 2030. It will be traded for at least $4.98, with the possible maximum peaks at $6.07. Therefore, on average, you can expect the ONT price to be around $5.13 in 2030.
Ontology Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Ontology’s price. The year 2031 will be determined by the maximum ONT price of $8.56. However, its rate might drop to around $7.34. So, the expected average trading price is $7.59.
FAQ
Ontology price now
As of now, Ontology (ONT) price is $0.18 with Ontology market capitalization of $158,504,472.20.
Is Ontology a good investment?
Considering current bearish trend in Ontology price movements, it is expected the cryptocurrency will continue meeting price decline. Please, invest wisely and don’t forget to DYOR when investing in any type of asset.
Can Ontology rise?
It seems that the average price of Ontology might reach $0.249975 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $1.67. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Ontology be worth 2023?
ONT minimum and maximum prices might hit $0.359964 and $0.409959 accordingly.
How much will Ontology be worth 2025?
Ontology network is developing rapidly. ONT price forecast for 2025 is rather positive. The ONT average price is expected to reach minimum and maximum prices of $0.789921 and $0.929907 respectively.
How much will Ontology be worth 2030?
ONT is provided with suitable environment to reach new heights in terms of price. ONT price prediction is quite positive. Business analysts predict that ONT might reach the maximum price of $6.07 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice.