Moving averages are among the most popular Phantasma Protocol price prediction tools. As the name suggests, a moving average provides the average closing price for SOUL over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for SOUL is a sum of SOUL’s closing prices over the last 12 days which is then divided by 12. Our price prediction forecasts use real-time Phantasma (SOUL) market data and all data is updated live on our website.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the SOUL price moves above any of these averages, it is generally seen as a bullish sign for Phantasma Protocol. Conversely, a drop below an important moving average is usually a sign of weakness in the SOUL market.

Charts

The protocol seeks to take NFT, Gaming’s, and the Metaverse experience to a different level. More so, its decentralized storage system provides added flexibility and functionality to the protocol, which makes Phantasma a project to watch. PricePrediction’s SOUL coin price forecast was the most bullish, estimating that the price will average $3.68 in 2022 and reach $11.84 in 2025, rallying to $75.96 by 2030. DigitalCoin had a moderate long-term Phantasma (SOUL) crypto price prediction, estimating that it will average $3.76 in 2022 and $4.61 in 2025, rising to $10 by 2028, based on historical data.

Phantasma has introduced an inflationary element to SOUL supply to incentivise developers to use the network. SOUL has an annual inflation rate of 3% plus 125,000 SOUL distributed monthly to eligible holders. The 3% will be allocated in thirds to network validators, developers and ecosystem incentives. The Phantasma blockchain enables developers to deploy infinite side chains.

What is the price of Silver Soul today?

Phantasma aims to enable interoperability with other blockchains while maintaining decentralised governance. It uses a staking mechanism and dual token system to give users access to different digital goods and services across communication, entertainment, marketplaces and storage. The SOUL coin for the Phantasma blockchain protocol has been trending higher in the past two weeks, with the SOUL/USD price bottoming out after dropping from its all-time high of $3.97 reached on 1 December. Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). These are the project’s quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

Through the partnership, Netvork will leverage Phantasma’s technology to build and expand its Metaverse. In the same year, Phantasma partnered with Semkhor, a media and tech company majoring in digital content production and distribution. The partnership aimed at using Phantasma’s technology and Metaverse expertise to create and market NFTs. The protocol uses a Chain-Smart NFT technology, allowing users to develop items and characters for gaming and exchange items with one another.

Related Crypto’s

The cryptocurrency’s market Price changes in percent within the last 24 hours (1 day). SoulCoin (SOUL) cryptocurrency is marked as ‘Inactive’ because of inactivity or insufficient amount of data. Investors should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the SOUL price.

The price of Phantasma Protocol decreased by -71.61% in the last 1 year, while the coin’s 3-year performance is -23.19%. The current Phantasma Protocol sentiment is bearish according to our technical analysis. Trading volume of CryptoSoul (SOUL) in the last 24h was $N/A, which is approximately 0.00% of its current market cap. Phantasma’s solution no doubt sets the bar high with its ability to combine ownership rights, control over personal creations, and an infinitely scalable model. However, we turn to our artificial intelligence systems for accurate predictions of what Phantasma’s price would be.

Phantasma (SOUL) Fundamental Analysis

The Phantasma coin price prediction from WalletInvestor (as of 29 December) was bullish on the long-term outlook for the SOUL price, projecting that it could reach $3.786 by the end of 2022 and $5.211 by the end of 2023. The algorithm-based forecasting site predicted that the price could reach $8.047 by the end of 2025. www themisonline The Phantasma Protocol price prediction on CoinCodex is calculated using the historical Phantasma Protocol price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years.

Phantasma partnered with 1-UP in 2022 to deliver its advanced innovative NFT capabilities to the 1-UP platform and take its games to new fun levels. The partnership allows 1-UP users to create and compete by minting phenomenal NFTs, hosting custom tournaments, and designing customizable in-game content. In 2021 Phantasma partnered with Netvork, an innovative project focused on deploying immersive and interactive Metaverse using Unreal Engine.

These are the project’s quantitative metrics of its official Twitter account that can be used to trace regular or artificial Social activity & growth within the project. These are the project’s quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project. When trying to make a Phantasma Protocol forecast, many traders also try to monitor the activity of SOUL “whales”, which are entities and individuals that control large amounts of SOUL.

• In this article we look at how Phantasma works and what factors are shapung Phantasma price prediction.
• According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping SoulCoin.
• This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Phantasma Protocol prediction.

The stochastic fast, relative strength index (RSI) and average directional index remained neutral. Holders who stake more than 50,000 SOUL are given the title of Soul Master, earning extra tokens from a reward pool of 125,000 SOUL every month. More than 57% of SOUL tokens have been staked, according to the Phantasma website.