Myria Price Prediction 2024: Can MYRIA Join the Layer 2 Elite?
Can Myria build on an all-time high?
Key Takeaways
- MYRIA hit an all-time high in December last year.
- What’s next for Myria?
- One Myria price prediction says the crypto can reach $0.0264 next year.
The MYRIA cryptocurrency hit an all-time high in December 2023. While it has dropped since then, the layer 2 token’s November Bitget (BGB) listing appears to have given it a platform it can build on. Also, traders and investors will be hoping the system’s website redesign, unveiled in January, can help it reach a new audience.
On February 26, 2024, Myria was worth about $0.01111
Myria did not immediately respond to a request for comment.
But what is Myria (MYRIA)? How does Myria work? Let’s see what we can find out, and also take a look at some of the Myria Price Predictions that were being made as of February 26, 2024.
Myria Price Prediction
Let’s examine some of the Myria price predictions being made on February 26, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.
| 2024 | 2025 | 2030 | |
|---|---|---|---|
| Prediction #1 | $0.0232 | $0.0264 | $0.12 |
| Prediction #2 | $0.01098 | $0.01153 | $0.01472 |
| Prediction #3 | $0.0094 | $0.0197 | $0.1213 |
First, CoinCodex had a short-term MYRIA price prediction that said the token would trade at $0.01068 on March 2 before reaching $0.01127 on March 27. The site’s technical analysis was highly bullish, with 23 indicators making positive signals and just one making a bearish forecast.
Myria Price Prediction for 2024
DigitalCoinPrice said that Myria would reach $0.0232 this year, while Bitget said it would dip to $0.01098. PricePrediction.net said it would be worth $0.0138 in 2024.
Myria Price Prediction for 2025
Moving on, DigitalCoinPrice’s Myria price forecast said the token would trade at $0.0264 in 2025. Bitget said it would be worth $0.01153 then. PricePrediction.net thought it would stand at $0.0197 next year.
Myria Price Prediction for 2030
Looking at a more long-term Myria price prediction, DigitalCoinPrice said it would be worth $0.0784 in 2030. Bitget had it reach $0.01472, while PricePrediction.net thought it would trade at $0.1213 at the start of the next decade.
Google Gemini AI Price Prediction for Myria (as of February 26)
Google’s Gemini AI platform gave the following price prediction for Myria on February 26 Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligent price predictions are predicated on past performances and are in no way entirely accurate.
Short-term (3 months):
- Price range: $0.008 – $0.015
- Reasons: The short-term price movement depends heavily on the broader market sentiment for cryptocurrencies, particularly Bitcoin (BTC). If the market experiences a bullish run, MYRIA could potentially reach $0.015. However, if the sentiment remains bearish, the price might dip below $0.008.
Medium-term (1 year):
- Price range: $0.01 – $0.03
- Reasons: This timeframe considers potential developments within the Myria ecosystem, such as the launch of new games or partnerships. If Myria successfully attracts more users and developers to its platform, the price could climb towards $0.03. However, competition within the play-to-earn (P2E) space and potential technical challenges could hinder its growth.
Long-term (5 years):
- Price range: $0.05 – $0.20
- Reasons: The long-term outlook depends largely on the adoption and success of the Myria blockchain within the broader gaming industry. If Myria becomes a widely adopted platform for P2E games, the price could potentially reach $0.20. However, the success of blockchain gaming itself and the competitive landscape in the long run remain uncertain factors.
Additional factors to consider:
- Regulations: Regulatory changes within the cryptocurrency space could impact MYRIA’s price.
- Team performance: The Myria team’s ability to deliver on its roadmap and address technical challenges will influence investor confidence.
- Market adoption: The overall adoption of blockchain technology and P2E games will play a significant role in MYRIA’s long-term value.
It added: “Remember, this is just a potential outlook, and it’s crucial to conduct your own research and due diligence before making any investment decisions.”
Myria Price History
Now, let’s examine the Myria price history. While we should never take past performance as an indicator of future results, knowing what the token has achieved can provide us with some very useful context if we want to make or interpret a Myria price prediction .
When Myria first came onto the open market in April 2023, it was worth about $0.0085. The market evidently considered it overpriced and it fell. On July 18, the token reached an all-time low of $0.001131.
After that, it made something of a recovery. On November 22, it was worth $0.004208. On November 26, it broke past the cent and, following the announcement of the Bitget listing, Myria reached a high of $0.01224 on November 29. There was more upward movement over the following weeks and, on December 14 it reached an all-time high of $0.01846. MYRIA dipped over the coming weeks, closing the year at $0.009779 and bottoming out at $0.006442 on January 23. Since then, though, it has recovered and, on February 26 2024 it was worth $0.01111.
At that time, there were a 16.3 billion MYRIA in circulation out of a total supply of 50 billion. This gave the token a market cap of $181.9 million, making it the 290th-largest crypto by that metric.
Is Myria a Good Investment?
It is hard to say. Although the token rallied over the last few months, it remains to be seen whether it can maintain its momentum. Certainly, if you are someone who believes in buying during the dip, then MYRIA is not in a dip right now.
However, recent listings could, potentially, lead to more listings, making it more available and more prominent in the cryptosphere.
As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in MYRIA.
Will Myria go up or down?
No one can really tell right now. While the Myria crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up.
Should I invest in Myria?
Before you decide whether or not to invest in Myria, you will have to do your own research, not only on MYRIA, but on other, related, coins and tokens such as Optimism (OP). Either way, you will also need to make sure that you never invest more money than you can afford to lose.
Myria (MYRIA) Explained
Myria is a layer 2 scaling solution. The network connects with Ethereum (ETH) and allows people to take transactions off the main blockchain, carry them out on Myria, and put them back on Ethereum. This, at least in theory, saves people both time and money.
The system was designed to allow people to develop non-fungible tokens (NFTs) and online games.
The platform was founded by crypto entrepreneurs Brendan Duhamel and Ivan Fortunov and is powered by the eponymous MYRIA token.
How Myria Works
The MYRIA token pays for transactions on the network and rewards developers on the platform. People can also buy, sell, and trade it on exchanges.
Because Myria is based on Ethereum, it is a token, not a coin. You might see references to such things as a Myria coin price prediction, but these are wrong.
Myria Attention Tracker
Here is a chart for the Myria Google search volume for the past 90 days. This represents how many times the term “Myria” has been Googled over the previous 90 days.
FAQs
Will Myria reach $0.10?
It might do, but not for some time. Both PricePrediction.net says it can get there by 2030, while DigitalCoinPrice thinks MYRIA will reach $0.10 by 2031.
What is Myria used for?
The MYRIA token rewards developers on the Myria network. People can also buy, sell, and trade the crypto on exchanges.
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
