Home Price Predictions Presearch Price Prediction: Can PRE Token Rebound on Growing Hype Around Decentralised Search Engine Model?

Presearch Price Prediction: Can PRE Token Rebound on Growing Hype Around Decentralised Search Engine Model?

Peter Henn
Last Updated June 30, 2023 12:19 PM

Key Takeaways

  • Presearch is a search engine that uses blockchain technology to help drive privacy.
  • Its native token, PRE, is used to reward people who search using Presearch.
  • Can PRE capitalise on recent good form?

The Presearch search engine has been around for more than five years, giving users the chance to search the internet and earn crypto at the same time. Although it and its native PRE token are not exactly household names, the platform has its followers, and can even be used as a default search engine on Android devices.

PRE has been recovering after hitting lows in June, with a new interface  helping grow interest in both the platform and the token. 

But what is Presearch (PRE)? How does Presearch work? Let’s see what we can find out, and also take a look at some of the Presearch Price Predictions that were being made as of 12 June 2023.

Presearch (PRE) Explained

The most used, and probably the most important, website on the internet is Google. While other search engines have come and gone, Google remains at the top of the tree. That said, there have been concerns raised about the way in which Google uses and keeps people’s data. Therefore, some people have looked for a more privacy-oriented search engine.

Considering that privacy is a key part of blockchain technology, it makes sense for there to be a blockchain-based search engine that not only seeks to break Google’s near-stranglehold on the sector, but also keeps people’s data safe.

Presearch  just might be that search engine. Founded by crypto entrepreneurs Colin Pape and Thomas LeClair in 2017, the platform is designed to let people look for things on the internet without having to worry about what happens to their personal information.

Presearch, which is based on the Ethereum (ETH) blockchain, is supported by its eponymous crypto token, which also goes by the ticker handle PRE. 

How Presearch Works

Presearch is run by a not-for-profit organization. It helps protect its users privacy by, to quote the system’s website, by queries being “handled by a decentralized network of node servers processing anonymized queries”.

The PRE crypto is used to reward the owners of the nodes, computers which help the system run. It is also paid to people who refer others to the network. Perhaps more interestingly, people who search the web with Presearch get paid 0.1 PRE per search and can earn up to 8 PRE a day.

Because Presearch is based on Ethereum, PRE is a token, rather than a coin. You might see references to such things as a Presearch coin price prediction, but these are wrong. 

PRE Price History

Let’s now take a look at some of the Presearch 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 Presearch price prediction. 

Presearch first came onto the open market in late 2017 and it was not long before the market entered a bubble. This saw PRE reach what is still an all-time high of $1.40 on 3 January 2018. After this, the token dropped and spent most of the next three years or so – the so-called crypto winter – hovering between $0.01 and $0.09. 

Things started to thaw in early 2021, when the crypto market flourished and PRE responded in kind. The token broke past $0.10 in March before dropping down over the summer. In August, the market shot up, powered by a craze for non-fungible tokens (NFTs). 

The situation for PRE got even better in September, when Google announced  it would use Presearch as a default search engine option for its Android devices in Europe.This news caused the token to shoot up, climbing to above $0.40 in October as momentum built. 

While the price went down, PRE still closed the year at a still respectable $0.3321. 

In 2022, things started well, with interest in the engine’s NFT collection seeing it rise initially to above $0.40 in early January, but then the price went downhill.

 A series of market crashes saw it drop below $0.10 in the summer and, following the collapse of the FTX exchange, PRE closed the year at $0.032. This meant that Presearch’s price had dropped by more than 90% throughout 2022.

So far, 2023 has been somewhat better, but PRE is still a long way from where it has been. The token rose gradually for the first three months of the year, peaking at a little over $0.10 in early April but has since been going downhill. 

June saw it reach a low of $0.0317 on 20 June before recovering to $0.0347 on 28 June 2023. At that time, there were 396.5 million PRE in circulation out of a total supply of 500 million. This gave the token a market cap of $13.78 million, making it the 698th-largest crypto by that metric.

Presearch Price Analysis

Presearch had a bad time throughout most of June. Before the United States Securities and Exchange Commission (SEC) announced it was suing the Binance crypto exchange on 5 June, PRE was worth $0.0427. Over the following 15 days, it lost more than 25% of its value. 

By the time of writing, it was worth nearly 10% more than its low, but was still down nearly 20% from pre-crash levels. 

Presearch Price Prediction 

With that all out of the way, let’s take a look at some of the Presearch price predictions that were being made as of 28 June 2023.

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 Presearch price prediction which said the token would drop to $0.032 by 3 July before recovering to $0.042 by 29 July. The site’s technical analysis was highly bearish, with 28 indicators sending discouraging signals, compared to just three making bullish ones. 

Presearch Forecast for 2023

When it came to making a Presearch price prediction for 2023, DigitalCoinPrice  said the token would get to $0.0682, while Bitnation  had it trading at $0.052. PricePrediction.net  was a bit more cautious, with its PRE price prediction coming in at $0.047.

Presearch Forecast for 2025

Regarding a Presearch price prediction for 2025, both Bitnation and DigitalCoinPrice said it would be worth $0.12. PricePrediction.net was not quite as optimistic, saying it would trade at $0.0682 in two years time. 

Presearch Forecast for 2030

In terms of a more long-term Presearch price prediction for 2030, PricePrediction.net was the most bullish, saying the token would reach $0.63 that year. DigitalCoinPrice was next at $0.35, while Bitnation said it would be worth $0.29.

 Is Presearch a Good Investment?

It is hard to say. While Presearch is undoubtedly a useful thing that, hopefully, anyone can understand, it has been around for a long time and has not really gained any major mainstream, or even semi-mainstream, traction. 

The PRE token, which had its all-time high more than five years ago, is also a potential worry. Seeing as it is only just hanging in the top 700 cryptos, there are coins and tokens that other investors might notice before they came across the Presearch crypto.

On the other hand, there is a potential mainstream utility, and the token does have the potential for growth. 

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

Will Presearch go up or down?

No one can really tell right now. While the Presearch 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 Presearch?

Before you decide whether or not to invest in Presearch, you will have to do your own research, not only on PRE, but on other coins and tokens, such as Quant (QNT). Either way, you will also need to make sure that you never invest more money than you can afford to lose.


How many Presearch are there?

On 28 June 2023, there were 396.5 million PRE in circulation out of a total supply of 500 million.

Will Presearch reach $1?

It might do, but if it does, it won’t happen for a while yet. PricePrediction.net said it could get there in 2031, but was more likely to pass the dollar in 2032. It’s worth pointing out that PRE has traded at those levels before, but not since 3 January 2018 and even then, just for one day. 

What is Presearch used for?

PRE is used to reward the people who use, support, and recommend the Presearch search engine. PRE can also be bought, sold, and traded on exchanges. 


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.