Home / Crypto Analysis / Price Predictions / Myria Price Prediction 2023: What is MYRIA?

Myria Price Prediction 2023: What is MYRIA?

Last Updated November 29, 2023 10:22 AM
Peter Henn
Last Updated November 29, 2023 10:22 AM

Key Takeaways

  • MYRIA hit an all-time high on November 29, 2023. 
  • The layer 2 scaling solution’s token peaked after it was listed on Bitget. 
  • What’s next for Myria?
  • One Myria price prediction says the crypto can reach $0.0362 in two years. 

The MYRIA cryptocurrency hit an all-time high of $0.01224 on November 29 after it was listed  on the Bitget (BGB) exchange. The token, which supports a layer 2 scaling solution, only came out in April this year, meaning that it is looking to become one of 2023’s success stories. 

Myria did not immediately respond to a request for comment.

On November 29, MYRIA was at an all-time high of $0.01224. 

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 November 29, 2023.

Myria Price Prediction

Let’s examine some of the Myria price predictions being made on November 29 2023. 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.

2023 2025 2030
Prediction #1 $0.023 $0.0362 $0.12
Prediction #2 $0.01135 $0.01251 $0.01597
Prediction #3 $0.0094 $0.0187 $0.1213

First, CoinCodex  had a short-term MYRIA price prediction that said the token would trade at $0.01078 on December 4 before reaching $0.01116 on December 29. The site’s technical analysis was highly bullish, with 23 indicators making positive signals and just four making bearish ones. 

Myria Price Prediction for 2023

DigitalCoinPrice  said that Myria would reach $0.023 this year, while Bitget  said it would trade at $0.01135. PricePrediction.net  said it would be worth $0.0094 in 2023.

Myria Price Prediction for 2025

Moving on, DigitalCoinPrice’s Myria price forecast said the token would trade at $0.0362 in 2025. Bitget said it would be worth $0.01251 then. PricePrediction.net thought it would stand at $0.0187 in two years’ time. 

Myria Price Prediction for 2030

Looking at a more long-term Myria price prediction, DigitalCoinPrice said it would be worth $0.12 in 2030. Bitget had it reach $0.01597, while PricePrediction.net thought it would trade at $0.1213 at the start of the next decade. 

Google BardAI Price Prediction for Myria (as of November 29)

Google’s BardAI platform gave the following price prediction for Myria on November 29. Please remember that price predictions are very often wrong, and that artificial intelligence should not be trusted. 

Short Term (2023-2024)

  • Prediction: $0.005923
  • Reason: MYRIA is expected to benefit from the growth of the play-to-earn (P2E) gaming industry. P2E games allow players to earn cryptocurrency rewards, and MYRIA is the native token of the Myria blockchain, which is designed to support P2E games. The growth of the P2E gaming industry could drive demand for MYRIA, which could lead to an increase in its price.

Medium Term (2024-2026)

  • Prediction: $0.0125
  • Reason: MYRIA is also expected to benefit from the growth of the broader crypto gaming industry. Crypto gaming is a new and rapidly growing industry that is attracting a lot of attention from investors. MYRIA is a well-positioned player in this industry, and if it can continue to execute its plans, it could see significant price appreciation over the medium term.

Long Term (2026-2030)

  • Prediction: $0.025
  • Reason: MYRIA has the potential to become a major player in the metaverse. The metaverse is a virtual world that is still in its early stages of development, but it has the potential to revolutionize the way people interact with each other and with the world around them. MYRIA could play a key role in the development of the metaverse, and if it is successful, it could see significant price appreciation over the long term.

“Please note that these are just predictions, and the actual price of MYRIA could be higher or lower than these estimates. There are many factors that could affect the price of MYRIA, including the overall performance of the cryptocurrency market, the adoption of P2E games, the development of the metaverse, and the execution of MYRIA’s team. Investors should always do their own research before investing in any cryptocurrency.”

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 .

Myria price history
Myria reached an all-time high on November 29 2023 | Credit: CoinMarketCap

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 an all-time high of $0.01224 on November 29. 

At that time, there were a little under eight billion MYRIA in circulation out of a total supply of 50 billion. This gave the token a market cap of $88.6 million, making it the 330th-largest crypto by that metric. 

Myria Price Analysis

Myria has risen more than 900% since reaching its all-time low. In the last week alone, it has climbed by more than 190%.

Is Myria a Good Investment?

It is hard to say. Although the token has rallied recently, 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. 

FAQs 

How many Myria are there?

On November 29 2023, there were a little under eight billion MYRIA in circulation out of a total supply of 50 billion.

Will Myria reach $0.10?

It might do, but not for some time. Both PricePrediction.net and DigitalCoinPrice say it can get there by 2030.

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.

Further reading

Cardano Price Prediction 2023: What is ADA?

Celestia Price Prediction 2023: What is TIA?

TerraClassicUSD Price Prediction 2023: What is USTC?

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.

Was this Article helpful? Yes No