Numbers Protocol Price Prediction 2024: Will NUM Finally Count This Year?

• Numbers Protocol’s NUM token performed negatively in 2023.
• NUM announced the creation of an application for AI companies to track data provenance.
• One price prediction says it may reach $0.210158 next year.

Numbers Protocol (NUM) has recently announced  it started a partnership with Starling Lab for the fusion of blockchain and digital integrity.

Despite the company’s efforts in artificial intelligence (AI) development, its NUM native token has struggled to regain the high levels it lost in 2021. A NUM is worth a little above $0.05 on February 26, 2024.

Numbers Protocol did not immediately respond to a request for comment.

But what is Numbers Protocol (NUM)? How does Numbers Protocol work? Let’s see what we can find out, and also take a look at some of the Numbers Protocol Price Predictions that were being made as of February 26, 2024.

Numbers Protocol Price Prediction

With that all out of the way, let’s take a look at some of the Numbers Protocol price predictions that were being made as of February 26, 2024. It is important to remember that price forecasts, especially for something as potentially volatile as crypto, very often end up being wrong. Also, keep in mind that many longer-term crypto price predictions are made using an algorithm, which means that they can change at a moment’s notice.

First, CoinCodex  had a short-term Numbers Protocol price prediction which said that the token would be somewhat volatile in the coming weeks, with it dropping to $0.052583 by March 2 and reaching $0.062677 by March 27. The site’s technical analysis was bullish, with 24 indicators sending encouraging signals and just four making bearish ones.

Numbers Protocol Forecast for 2024

When it came to other sites making their Numbers Protocol price predictions for 2024, DigitalCoinPrice  said it would thrive in the coming months, reaching $0.12, while Bitnation  said NUM would get to $0.154853. PricePrediction.net , on the other hand, was more cautious, forecasting Numbers Protocol to stand at $0.0891 this year.

Numbers Protocol Forecast for 2025

In terms of a Numbers Protocol price prediction for 2025, Bitnation thought the token would reach $0.210158, while DigitalCoinPrice went a bit higher at $0.14. PricePrediction.net, meanwhile, said that NUM would trade at $0.1319 next year.

Numbers Protocol Forecast for 2030

Moving forward to a more long-term Numbers Protocol price prediction for 2030, PricePrediction.net said that the token would soar to $0.9022 that year, with DigitalCoinPrice saying it would hit $0.42. Bitnation had a NUM price prediction that said the crypto would trade at $0.486682 at the start of the next decade.

Google Gemini AI Price Prediction for Numbers Protocol (as of February 26)

Google’s Gemini AI platform gave the following price prediction for Numbers Protocol 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 (Next 3 months)

• Expected price: $0.066492

• Factors to Consider:
  • Market Volatility: The cryptocurrency market is highly volatile, meaning prices can fluctuate significantly within short periods. Any unexpected events, regulations, or market trends can significantly impact NUM’s price, making predictions unreliable.
  • Technical & Fundamental Analysis: While some predictions use technical indicators and historical data, others analyze the project’s fundamentals like technology, partnerships, and team expertise. However, even these analyses can be subjective and prone to error.

Medium Term (Next 6 months)

• Expected price: $1.23

• Factors to Consider:
  • Market trends: The broader cryptocurrency market significantly influences individual token prices. If the overall market experiences a bullish trend, NUM might benefit, while a bearish trend could lead to a decrease in price.
  • Project development: Numbers Protocol’s progress in terms of user adoption, partnerships, technological advancements, and platform development can impact its token value.
  • Regulations: Regulatory changes and governmental stances on cryptocurrency can affect market sentiment and token prices.
  • Unexpected events: Unforeseen events like hacks, security breaches, or significant world events can cause price fluctuations.

Long Term (Next 5 years)

• Expected price: $1.232

• Factors to Consider:
  • Development and adoption of Numbers Protocol: If the technology and use cases gain traction, the demand for NUM could increase, leading to a price rise.
  • Overall cryptocurrency market performance: The price of Numbers Protocol is likely to be impacted by the broader cryptocurrency market sentiment and trends.
  • Regulations: Government regulations and policies towards cryptocurrency could significantly affect the price.
  • Unforeseen events: Unexpected events like hacks, security breaches, or economic instability can drastically impact the crypto market.

NUM Price History

Let’s now take a look at some of the Numbers Protocol price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us some very useful context when it comes to either making or interpreting a Numbers Protocol price prediction.

Bofu Chen and Tammy Yang founded Numbers Protocol in May 2019. The platform launched its whitepaper on November 16, 2021, limiting the maximum total supply to 1,000,000,000 NUM tokens.

When NUM first came to the market in 2021, it was worth $0.84. From then, the lowest price recorded was $0.025 in May 2023, and the maximum price that Numbers Protocol reached was $2.3240 in November 2021.

In 2022, things got worse for crypto and NUM suffered, with a series of market crashes seeing it sink to a low of $0.1163. There was no recovery after this and it closed 2022 at $0.02696, representing an annual loss of more than 80%.

Numbers Protocol in 2023 and 2024

2023 has been a rather negative year for Numbers Protocol. It never regained $0.10 level and moved sideways for all the year, closing it at $0.04266.

It then continued to perform negatively in January 2024 and made just a sort of recovery in February. In fact, it reached $0.05573 on February 26, 2024.

At that time, there were about 587.7 million NUM in circulation, out of a total supply of 594.8 million. This gave it a market cap of $32.8 million, making it the 738th largest crypto by that measurement.

Is Numbers Protocol a Good Investment?

It is hard to say. Numbers is currently outside the top 500 cryptos by market cap, and it is hard to see what can be done to boost its standing.

On the other hand, it does have a fairly strong community.

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in NUM.

Will Numbers Protocol go up or down?

No one can really tell right now. While the Numbers Protocol 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 Numbers Protocol?

Before you decide whether or not to invest in Numbers Protocol, you will have to do your own research, not only on NUM, but on other 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.

Number Protocol  (NUM) Explained

According to its website , Numbers Protocol (NUM) is an asset-driven protocol, designed to make digital media traceable and verifiable.

By doing, NUM is, theoretically, able to address critical issues in the digital media space, namely misinformation, copyright, and royalty distribution.

How NUM Works?

Numbers Protocol has six billion gateway monthly traffic from 190 countries and is already being used by art, music, NFT platforms, and the metaverse. The company also recently announced  creating an application for AI companies to track data provenance.

NUM products include:

Capture App – The world’s first Web3 camera that allows users to secure photos and videos with on-chain integrity records, providing a transparent, immutable history of digital content.

Numbers API – Developers and enterprises can implement Numbers API to register photos and access their Web3 addresses and certificates

Numbers Search Engine – Acts as a Google for digital media and boasts the highest multi-network asset coverage, reverse-image search, dedicated asset profiles, and AI-powered similar image results.

The protocol aims to diminish the damage caused by unlicensed and stolen images spread over the internet. Users seek to validate the origin, creation certificate, photo history, and ownership of the photos and videos through the platform.

Numbers Protocol Attention Tracker

A chart for the Numbers Protocol Google search volume for the past 90 days cannot be shown as Google says there is not enough data to provide a chart.

FAQ

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.

About the Author

Teuta Franjkovic

Teuta is a seasoned writer and editor with more than 15 years of experience. She has expertise in covering macroeconomics and technology as well as the cryptocurrency and blockchain industries. She has worked for several publications as a journalist and editor, including Forbes, Bloomberg, CoinTelegraph, Coin Rivet, CoinSpeaker, VRWorld and Arcane Bear. Teuta began her professional career in 2005, working as a lifestyle writer at Cosmopolitan in Croatia. From there, she branched out to several other publications, covering mainly business and the economy. She then turned her attention to the world of cryptocurrency and blockchain, believing that crypto is among the most important inventions in the history of humanity. Her involvement in fintech began in 2014 and she has since lent her expertise in writing, editing and gathering information about the world of crypto, blockchain, NFTs and Web3. An all-round news hound, mentor, editor, and writer, Teuta enjoys teamwork and good communication. She holds a WSET2 diploma and has a thing for chablis, punkrock music and shoes. She also holds a double MA in Political science and Entrepreneurship.

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