UMA Coin(UMA) Lastest Price Prediction
Ever since Universal Market Access (UMA) has been gearing to launch its "Across Protocol", it has experienced a major surge in its price by a huge leap. According to Coinbase, UMA's price has increased by 35% in the last 24 hours taking it to the all-time high of Rs 3,284.99. Apart from that, the market cap stands at Rs 90.4B followed by a price change of 63.56% in the last 7 days.
While the protocol has been already launched, the upward momentum has not yet slowed and is expected to continue for a few more days as the coin is going strong in the crypto market. UMA is the governance token of the Universal Market Access protocol, meaning that its holders have the right to vote on changes to the protocol’s parameters and system upgrades.
- Priceprediction.net's UMA Coin(UMA) Price Prediction/Forecast for 2022, 2023, 2024, 2025, and 2030
At Priceprediction.net, they predict future UMA price predictions/UMA forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of UMA. They do their best to collect maximum historical data for the UMA coin which includes multiple parameters like past price, UMA market cap, UMA volume, and a few more.
- UMA Price Prediction 2021
According to our deep technical analysis on past price data of UMA, In 2021 the price of UMA is predicted to reach a minimum level of $9.46. The UMA price can reach a maximum level of $10.64 with an average trading price of $10.34. Read More
- UMA Price Prediction 2022
The price of UMA is predicted to reach a minimum level of $14.04 in 2022. The UMA price can reach a maximum level of $17.52 with an average price of $14.45 throughout 2022. Read More
- UMA Price Forecast for 2023-2024
As per the forecast price and technical analysis, In 2023 the price of UMA is predicted to reach a minimum level of $20.22. The UMA price can reach a maximum level of $24.00 with an average trading price of $20.79. Read More
The price of 1 UMA is expected to reach a minimum level of $28.51 in 2024. The UMA price can reach a maximum level of $34.94 with an average price of $29.34 throughout 2024. Read More
- UMA Price Prediction 2025
UMA price is forecast to reach the lowest possible level of $42.01 in 2025. As per our findings, the UMA price could reach a maximum possible level of $48.76 with the average forecast price of $43.48. Read More
- UMA Price Prediction 2026
According to our deep technical analysis on past price data of UMA, In 2026 the price of UMA is forecasted to be at around a minimum value of $63.49. The UMA price value can reach a maximum of $74.79 with an average trading value of $65.67 in USD. Read More
- UMA Price Prediction 2027
The price of UMA is predicted to reach a minimum value of $90.05 in 2027. The UMA price could reach a maximum value of $112.92 with an average trading price of $92.68 throughout 2027. Read More
- UMA Price Prediction/Forecast 2028
As per the forecast and technical analysis, In 2028 the price of UMA is expected to reach at a minimum price value of $124.88. The UMA price can reach a maximum price value of $158.21 with an average value of $129.51. Read More
- UMA Price Prediction 2029
The price of UMA is predicted to reach a minimum value of $178.08 in 2029. The UMA price could reach a maximum value of $219.25 with an average trading price of $184.55 throughout 2029. Read More
- UMA Price Prediction 2030
UMA price is forecast to reach the lowest possible level of $260.75 in 2030. As per our findings, the UMA price could reach a maximum possible level of $305.95 with the average forecast price of $268.14. Read More
- According to WalletInvestor, the UMA price will grow from $10.06 to $13.693 in one year. That makes UMA an awesome investment. The long-term earning potential is 36.11%. The predicted price for the end of 2026 is $29.461.
- Answering the question about if UMA is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $12.170 with a reduction to $11.473 by the end of 2022.
- In DigitalCoin analysis, the price of UMA cryptocurrency will rise in the next 5 years starting from $10.0375334 as of today’s price to $40.1483271. It will go up to $16.5769266 by 2022 and starts its reduction in 2023-2024. Based on this forecast, UMA is a profitable long-term investment.
According to Cryptonewsz.com, UMA could be a good investment. It is comparatively cheap now but has a good long-term prediction. All the information provided above is for educational purposes. One has to do own research and analysis with the help of a cryptocurrency exchange aggregator to know about the performance before buying or investment decision. Below is the price prediction of UMA Coin by Cryptonewsz.com from 2022 - 2026.
- UMA Price Prediction 2022
In 2022, the UMA price is expected to cross the $40 range, and the middle of 2022 will be breaking all-time high. By the end of 2022, UMA could trade in the range of $50.54 to $65.
- UMA Price Prediction 2023
The fresh high of the long-term forecast of 2022 cannot be maintained in 2023. The initial half is expecting dark days in crypto, especially in the UMA price forecast, which can make a plunge into the range of $30 in the first half. UMA could take the support at $20 and not fall beyond. By 2023, it can revert into a bullish run to recover the losses and test $40.44 levels.
- UMA Price Prediction 2024
Five years over the line, the crypto market is expected to be demandable and generally accepted among the public. Cryptocurrencies are expecting improvement in their performance. UMA will be moving in a sidewise trend at the starting of 2024 in the range of $35.1 to $56.2 levels. On the long-wave side, it has risen from $60 to $65 again, which can continue till $76.89, which is a fresh high value for UMA.
- UMA Price Prediction 2025
UMA is unique in its performance, 2025-2026 expecting a complete acceptance and rise in the token’s value. By that time, smart contracts can be very common, and UMA might be trading in all the major crypto exchanges. It can rise into one of the best performing cryptocurrencies. So UMA is expecting a boom at a price by 2025. The break out is expected to cross the level of $150 can cross all time has and expected a move in the range of $200, and one among the best-valued cryptocurrency for crypto market enthusiasts.
- UMA Price Prediction 2026
Cryptocurrencies are extremely volatile in nature, and their price may trade at the level that no one has predicted. Similarly, UMA has the potential to touch the $400 mark by the end of 2026. If the ecosystem focuses on its core advancements, it will positively affect the UMA price and record significant growth.
Technewsleader.com says Since its launch, UMA has revolutionized several sectors. Many Regulators have approved the coin, and a team of specialist developers is working hard to promote it and increase acceptance. Below is the Price prediction of UMA Coin(UMA) by Technewsleader.com from 2021 - 2030
- UMA Price Prediction 2021
UMA will be seen as a better option, and with the huge community, UMA price will touch new highs. The price fluctuations are hard to predict, especially if the market is more bullish OR bearish than ever. For the year 2021, the price of UMA will be almost $9.82. The maximum price that we can get is $11.04. UMA's average price forecast at the end of 2021 can be around $10.74. A huge price turnover is expected within the range defined by the crypto market.
- UMA Price Prediction 2022
There are signs that the crypto market is about to enter a new age. Certain that the long-term price prediction for UMA's price will soar since there is still optimism that the currency will attract much more attention. The year 2022 can end with an average price of $15.75 and a minimum price value of $15.32. The maximum price is expected to be trading around $17.80.
- UMA Price Prediction 2023
In 2023, with more adoption and partnerships between other important blockchain networks, the price of UMA would skyrocket, the maximum trading price may reach $26.44 in 2023. The price ranges are going to be very trendy if we keep it that way. If everything goes well, we can expect an average price of $22.89 with a maximum price of $26.44 for 2023
- UMA Price Prediction 2024
UMA has huge potential, with certain collaborations and innovations that may increase the number of users and adoption. If the market concentrates on investing in UMA, the price might rise much higher. By 2024, it can reach a maximum value of $39.02. It is expected that the UMA will turn around a little bit if the market goes down. The year 2024 can end with an average price of $33.58 with a minimum price of $32.66 and the maximum price of $39.02.
- UMA Price Prediction 2025
UMA's present price range might interest many traders and because of this, UMA can reach $57.05 by 2025 with substantial cooperation with financial institutions if the following requirements are satisfied. With an average price of $49.75 for 2025, it can beat the latest price trend to reach new highs. The price tagline can vary as the crypto market can see another bullish trend on its way to 2025.
- UMA Price Prediction 2026
A seamless approach to this currency may be found on many websites and forums. In the opinion of this prediction platform, UMA will steady at its current price for a very long time to come. By 2026, the UMA is expected to be worth a maximum value of $81.59. The minimum price can go up to $66.21 if the market gets bullish.
- UMA Price Prediction 2027
It appears that by 2027, UMA (UMA) prices will have reached a level similar to their previous all-time high. By 2027, We may expect an average price of $95.30. If everything goes smoothly, we predicted the maximum price of UMA could be up to $114.87 in 2027. Of course, there are chances that the market will dump after a long bull run and It is normal for the cryptocurrency market.
- UMA Price Prediction 2028
The UMA value will increase because of the efforts of the network developers and community investors. Therefore, the calculated price for the year 2028 is bullish. UMA was anticipated to touch a maximum price level of $159.06 by the end of 2028, according to analysts. On the other hand, it is highly optimistic that the UMA's future will ultimately grow. Therefore, the predicted average price of UMA will be around $138.75 to $142.56 is expected in 2028 depending on the market. As stated in the same slogan, the UMA's maximum price ranges from $138.75 to $159.06 for 2028.
- UMA Price Prediction 2029
For long-term UMA price predictions, basic analysis is essential. In terms of industry benefits, the native token offers a few. The digital economy's autonomy makes it ideal. As DAPPs and stable coins develop, the network offers competitive programmable payment, logistics, and storage options. There is a chance that the average price of UMA will rise to about $209.15 by 2029 if more investors are attracted to the idea. For 2029, the year can end with a maximum price of $238.97 with a minimum price level of $202.02.
- UMA Price Prediction 2030
Volatility drives the cryptocurrency market. Today, it is not easy to forecast and keep up with the current pricing. Many crypto analysts come into play in this regard. The pricing forecasts are correct for the mentioned years. Crypto consumers are still concerned about crypto bans and new restrictions. UMA price may cross $351.91 if the market sees a good bull run in 2030. Given that it is expected to be held by long-term investors, its average price for 2030 will be around $306.80.
The total supply of UMA is a little over 100 million tokens, of which about 55 million are in circulation as of October 2020.
From the total supply, 2 million tokens were sold during the project’s initial coin offering (ICO), 48.5 million were reserved for the founders of the project, 35 million were put aside as rewards for the developers of the protocol, and 14.5 million were designated for future sales.
In order to incentivize voter participation, every time a voting process takes place on the network, an inflationary reward equal to 0.05% of the current UMA supply is distributed among active voters proportionate to their current stake.
What Is UMA(UMA)?
UMA, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. UMA was launched in December 2018.
Synthetic assets are a class of assets that represent different, underlying assets and have the same value. UMA specifically enables its users to design and create self-executing, self-enforcing financial contracts secured by economic incentives and run them on Ethereum’s blockchain.
In essence, UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences (CFDs), or total return swaps. It also enables the creation of self-fulfilling derivative contracts based on digital assets, like other cryptocurrencies.
Why UMA price is going up?
The financial platform has recently launched its 'Across Protocol' which is said to be the "fastest, cheapest, and most secure bridge between L1 to L2, thus taking the value of the token to new heights.
With the future of the blockchain industry based on interconnectivity, the 'Access Protocol' project aims to achieve more gains leading to the surge of the UMA coin.
Who Are the Founders of UMA?
UMA was co-founded by Hart Lambur and Allison Lu, who met on the Goldman Sachs trading floor.
In 2005, Lambur graduated from Columbia University with a computer science degree. In addition to co-founding UMA, he is also the CEO and co-founder of Risk Labs, the company in charge of developing the Universal Market Access protocol.
Prior to UMA and Risk Labs, Lambur worked as a research assistant at Columbia and as a government bond trader at Goldman Sachs. He has also founded and headed Openfolio, a personal finance tracking platform that he sold to Stone Ridge Asset Management in 2017.
Allison Lu has received a degree in Economics and Management from the Massachusetts Institute of Technology.
Between 2009 and 2015, she worked as a vice president at Goldman Sachs, where Lu and Lambur met. Afterward, Lu worked as the VP of credit & risk analysis at the financial services mobile app Tala. She was also an advisor at One Daijo, an Ethereum-based peer-to-peer lending platform.
What Makes UMA Unique?
The main idea behind Universal Market Access is reflected in its name: by developing a protocol for the creation of synthetic assets and financial contracts on the blockchain, it seeks to democratize and decentralize the financial derivatives market.
The traditional financial markets have high barriers to entry in the form of regulations and custody requirements, which tend to preclude individuals from participating in them. It is often especially difficult for would-be traders and investors to take part in markets outside of their local financial system. This prevents the emergence of a truly inclusive global financial market and limits participation to a handful of institutions that can afford the necessary due diligence and legal procedures.
UMA contracts, on the other hand, are based on Ethereum’s blockchain, whose permissionless nature allows any user to create, run and trade digitized derivatives from anywhere in the world. This accessibility is especially important for the developing economies around the globe, where financial institutions are frequently far from maturity, forcing local market participants into relative isolation.
How Is the UMA Network Secured?
UMA runs on top of Ethereum’s blockchain and as a consequence, they are protected by the same proof-of-work hash function Ethash.
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