As the world moves forward in technology and entrepreneurship, everything starts to change for better or worse. The gaming industry has gotten a lot of attention in the last decade, with the most consumers in any industry imaginable. Most people have at least played one or two role-playing multiplayer games in their lifetimes. One such game is the upcoming Illuvium. It will launch in Q1 of 2022. Built on the Ethereum blockchain, Illuvium is an action, open-world RPG filled with adventures and quests to attract gamers from around the world to invest in it. Illuvium was launched as a cryptocurrency also based on the Ethereum blockchain, which has grown popular after announcing the upcoming game of the same name.
This article will discuss everything related to Illuvium, taking its fundamental analysis, roadmap, tokenomics, and price predictions into view. Then, following the popularity of Illuvium on the Ethereum network, we will be discussing the relation of the cryptocurrency with the upcoming game along with the price analysis and long-term analysis of Illuvium. Finally, we will also be discussing how Illuvium fits in the world of cryptocurrencies.
Illuvium (ILV) Fundamental Analysis
Illuvium is an action, adventure, open-world RPG established and developed on the Ethereum blockchain. It is probably the first AAA game on the blockchain, which means that it is high-profile, high-budget, and will be produced and distributed by large, well-known publishers. These games are typically nicknamed “Blockbusters” due to their immense popularity.
A further evaluation of Illuvium has led us to believe that the game will include a fantasy utopia known as Illuvium, inhabited by creatures and deity-like characters known as Illuvials. Illuvials can be captured by beating them in combat from around the map and nursing them back to health by the players. After being arrested, the Illuvials become a loyal part of the players’ roster and can capture more Illuvials by engaging and defeating them in battle. The game combines both the open-world and one-one arcade game styles as players are given a wide choice over whether they want to play as explorers or build their team of powerful Illuvials.
Illuvium has been in development since 2020 by Kieran Warwick, an entrepreneur and early cryptocurrency adopter, and veteran video game designer Aaron Warwick who are brothers. The Illuvium team consists of 40 individuals worldwide, a relatively large group, all experienced in their respective fields. Moreover, the ILV token is somewhat peculiar in the Illuvium environment. Players are rewarded with ILV tokens for their in-game achievements, which entitles players to their shares in the Illuvium Vault. In addition, it is used in participating in the administration of Illuvium through the decentralized autonomous organization (DAO).
Illuvium takes advantage of its blockchain-based elements. However, it takes more elements from an actual video game schedule as it is easily accessible via a downloadable desktop application. That being said, Illuvium also supports DeFi applications such as yield farms and decentralized exchanges. The game will utilize a variety of revenue doorways through in-game purchases of items, characters, components, utilities, and shards. This revenue is distributed as a reward to players who have spent their ILV tokens through the ILV buyback system. As NFTs grow in popularity, their worth and abundance increase. The gaming industry is an excellent platform for utilizing your NFT designer skills.
Contrary to the features of other blockchain-powered games, Illuvium offers a complete 3D environment with over 100 characters to play with, along with numerous exploring areas and opportunities.
Illuvium utilizes several features that make it stand out from other blockchain-enabled games and AAA titles, including Layer-2 Integration, The illuviDEX, and Yield farming.
Layer-2 Integration means that although Ethereum secures the network, it was initially built on the Immutable X (IMX). IMX is designed to help players utilize and scale NFT’s within the functional compounds of the system. Furthermore, it ensures that players maintain their complete ownership regarding their NFT’s while giving them opportunities to mint and trade them with zero gas fees.
The illuviDEX is the game’s very own decentralized exchange, which deducts a 5% fee from each purchase and funnels it into the ILV tokens rewards pool for players.
Yield farming integrates 3% of the maximum ILV tokens (10 million) supply into the Illuvium yield farming program, meaning that 3 million ILV tokens are allocated in the yield farming program. These rewards will be distributed among the players in 3 years, contributing to liquidity and various partner schemes.
Illuvium’s pre-seed sales were used to support the strong growth of key suppliers and allowed the law to be followed to bring the best in the industry. They were given 500,000 ILV tokens for $1 each. Since first-class investors take high risks, they should be rewarded with a much lower price. All tokens are sold in this round within a few days.
Their current seed sales were used to further accelerate new hiring, auditing, inventory, and all other accumulated costs. Seed sales started on January 15 and continued for less than half the time frame. A total of 1,500,000 ILV tokens were distributed for $3.
Illuvium (ILV) Price Analysis
Illuvium price analysis reveals the cryptocurrency following a strong bullish movement with massive upside opportunities. The current cost of one ILV token is $730.
Illuvium currently ranks at #138 with a live market cap of $470 million. Illuvium has been having a good few weeks due to its popularity among the gaming community as a result of the upcoming game. Illuvium hit an all-time high on May 19. 2021 with a tremendous value of $2,868. On the contrary, Illuvium hit an all-time low in June 2021, when it crashed to $29.
Crypto Academy Illuvium (ILV) Price Prediction 2022
|Month||Minimum Price||Average Price||Maximum Price|
Illuvium (ILV) Price Prediction January 2022: In January of 2022, the price of Illuvium had a high of $712, where the minimum price was $607, and the average price was $657.
Illuvium (ILV) Price Prediction February 2022: According to our prediction, in February, the price of ILV might reach the maximum of $745 with an average trading price of $710 for the month. However, the minimum price of ILV can be $630.
Illuvium (ILV) Price Prediction March 2022: In March, the price of Illuvium (ILV) can reach the maximum price of 753 with an average trading price of $718 for this month. While we predict that the minimum price of Illuvium in March could be $697
Illuvium (ILV) Price Prediction April 2022: According to our prediction in April 2022, the price of Illuvium (ILV) might reach the maximum of $769 with an average trading price of $739 and a minimum price to be $708.
Illuvium (ILV) Price Prediction May 2022: According to our prediction, May is a high potential month for the market worth of Illuvium. The maximum price of ILV might be $774. However, the minimum price of ILV in May could be $716.
However, we predict that ILV might trade with an average of $750.
Illuvium (ILV) Price Prediction June 2022: In June, the minimum price of ILV might be around $729. However, the worth of one ILV might be a maximum of $793. Therefore, our forecast indicates that the average trading of ILV this month could be $770.
Illuvium (ILV) Price Prediction July 2022: Our forecast indicates that the minimum trading price of Illuvium (ILV) can drop to $753 in July 2022. However, the price of one ILV can increase up to $803 with an average trading price of $789.
Illuvium (ILV) Price Prediction August 2022: In August 2022, it is estimated by our analysts that the minimum trading price of ILV can be around $779. While with an overall average trading price of $810, ILV can also trade on a maximum of $898.
Illuvium (ILV) Price Prediction September 2022: Our forecast indicates that the minimum price of Illuvium in September can be $795.
In comparison, the average and maximum price can be around $821 and $957, respectively.
Illuvium (ILV) Price Prediction October 2022: In October 2022, the lowest expected price of ILV is $841. However, the average trading price for this month can be up to $893. Therefore, we expect that the maximum price of Illuvium can be up to $1,012.
Illuvium (ILV) Price Prediction November 2022: Our prediction for November 2022 estimates that the lowest trading price of ILV for this month can be $878. However, the maximum price that Illuvium might trade at can be $1,046. Therefore, the average trading price might also reach $969.
Illuvium (ILV) Price Prediction December 2022: Crypto Academy prediction estimates that the average trading price of Illuvium (ILV) by the end of 2022 can be $1,012. However, the maximum and minimum prices for the last month of the year can be $1,115 and $904, respectively.
Illuvium (ILV) Price Prediction 2022 Q1
Illuvium (ILV) price prediction for the first quarter of this year appears to indicate a rather positive movement with an expected minimum price of $607. The maximum price that ILV can reach might be around $753. However, the average trading price in the first quarter could be somewhere around $703 to $716.
Illuvium (ILV) Price Prediction 2022 Q2
The second quarter of this year appears to have a significant effect on the value of the cryptocurrency. Furthermore, the minimum price of ILV could be $708. On the contrary, the maximum price that ILV can be around $793. However, the average trading price in the second quarter could be $750.
Illuvium (ILV) Price Prediction 2022 Q3
The third quarter of 2022 will continue to pave an upwards path for ILV, which will make the cryptocurrencies’ minimum price fall somewhere between $753 to $761. At the same time, the maximum price that ILV can reach can be around $957. However, the average trading price in Q3 could be $810.
Illuvium (ILV) Price Prediction 2022 Q4
The most significant changes in the value of the cryptocurrency are expected to come in the last quarter of 2022. ILV is anticipated to cross the $1000 threshold and enter the big leagues. As a result, the minimum value of ILV is expected to be $841, while the maximum price of Illuvium is anticipated to be $1,115. The end of the year will become a milestone for the cryptocurrency as the average price of the cryptocurrency reaches $1,015.
Crypto Academy Illuvium (ILV) Price Prediction 2023, 2024, 2025, 2026
Illuvium (ILV) Price Prediction 2023
ILV shows positive potential for innovations, which will cause the number of users to skyrocket, resulting in an increasing market. If the market concentrates on self-investment, the price might climb higher. By 2023, it can reach a maximum value of $1,546. The year 2023 can end with an average price of $1,315 and a minimum price of $1,271.
Illuvium (ILV) Price Prediction 2024
Illuvium price might cross the average of $1,947 if the market opens positively for the cryptocurrency. Its maximum price for 2024 might be around $2,095. Volatility drives the cryptocurrency market that affects the value of coins, so the minimum price of ILV might be $1,890.
Illuvium (ILV) Price Prediction 2025
Illuvium’s price range after 2024 might attract many users to the network, and because of this, ILV can reach $3,257 by 2025. With an average price of $2,818. However, the crypto academy predicts that the minimum price of ILV for this year can be around $2,717
Illuvium (ILV) Price Prediction 2026
2026 will be a splendid year for Illuvium as the price appears to cross the $4000 mark. As a result, the average price of Illuvium (ILV) might be $4,016.On the contrary, the maximum price of ILV could be up to $5,100 in 2026, touching the new highs. However, we cannot ignore the fact that the market could potentially fall on the downside, which is normal for cryptocurrency markets. So, our forecast suggests that the minimum price of ILV in 2026 might be $3,974.
Illuvium (ILV) Market Price Predictions
At Wallet Investor, they have predicted future prices for technical analysis on Illuvium. If you are looking for a good return on investment, ILV can be a profitable investment option. The price of Illuvium is equivalent to $690 today. If you buy Illuvium for $100 today, you will receive a total of 0.145 ILV tokens. Based on their forecasts, a long-term rise is expected; the price forecast for 2027 is $8075.
Price Predictions.net predicts a bullish future for the cryptocurrency with tremendous upside potential and little downside risk. This year’s price might cross the $1,000 mark, with good returns and profits. This will attract more users towards the digital currency, which will prove to be a milestone for the Illuvium team. In a decade, the price might reach $32,000, so it can be considered one of the best long-term investments.
Digital Coin Price
Digital Coin Price predicts that the price of Illuvium (ILV) will increase tremendously in the coming years, and there is no expected drop in the worth of Illuvium. According to their prediction, the price of one Illuvium (ILV) can roughly be up 66.9% in a year which is a very massive amount of returns from the current Illuvium price. The platform predicts that in ten years, by the end of 2029, the price of ILV might reach the maximum price of $2,925.
SwapSpace.co predicts that the cryptocurrency will have a good run this decade. However, there are risks of downside behavior from the cryptocurrency, which could depend on many factors that cannot be foreseen as of now, but mostly ILV will be on a bullish role. The platform predicts that in ten years’ time, the price of the cryptocurrency might end up around the $3,000 mark due to the downfall that came in the years before. However, without the downfall risk, cryptocurrency is an excellent investment.
How to Buy Illuvium (ILV)?
Step 1: Create an Exchange Account
First, you need to create an account in an exchange that supports Illuvium (ILV), such as Binance, OKX, Bitget, Mandala Exchange, and Bybit.
Step 2: Verify Your Exchange
Once you create an account, you need to verify your profile in order to access all the features.
Step 3: Fund Your Account
Fund your account by using a debit or a credit card. You will receive USDT in return.
Step 4: Buy ILV
Go to the trading section and search for ILV. Find the ILV/USDT trading pair and click “BUY.” You will receive your tokens shortly.
Frequently Asked Questions
Is Illuvium a Good Investment?
Many experts and marketers believe that Illuvium has been a major investment for a long time. Surprisingly, the number is increasing. Therefore, it is guaranteed that the investment will bring good returns.
Can I Buy ILV With Cash?
No, you cannot directly buy ILV with cash. However, you can buy ILV on Binance Exchange.
Can ILV Eventually Reach $10,000?
Yes, eventually, the price of ILV will reach $10,000 in a few years. However, it doesn’t seem likely anytime soon. ILV may reach $10,000 around 6 or 7 years from now.
- Illuvium is an Ethereum-based 3D action, adventure, open-world RPG which includes in-game DEX of Illuvium tokens as rewards.
- Illuvium is expected to release around Q1 of 2021.
- Illuvium’s pre-seed sales were used to support the strong growth of key suppliers and allowed the law to be followed to bring the best in the industry.
- Illuvium takes advantage of its blockchain-based elements. However, it takes more elements from an actual video game schedule as it is easily accessible via a downloadable desktop application.
- Illuvium has been in development since early 2020 and is soon to release; it’s being developed by a team of 40 experts worldwide led by co-founders Kieran Warwick and Aaron Warwick, who are brothers.
- ILV offers its users a chance to experience the game however they want, as explorers or as warriors.
- Illuvium allows the players complete ownership over their NFTs.
- ILV is expected to reach $10,000 eventually. However, it is not going to be any time soon. It is expected to reach that milestone in about 6 or 7 seven years.