Crypto Academy

Nimiq Price Prediction 2022 and Beyond – Can NIM reach $1?

Dren.H

Nimiq is a decentralized, censorship-resistant payment web-native technology with a rich ecosystem of apps. This Nimiq price prediction explores the details of the projects, the fundamentals, and the price movement in the years to come.

Team Nimiq is tech-focused with a strong open-source mindset. The native NIM token is used for value storage and for transfers within Nimiq by serving as virtual currency. The Nimiq Mainnet became live for the first time on April 14, 2018, and the payment protocol became fully functional. To promote peer review and developer involvement, the project’s source code is made available to the public via the official GitHub repository.

The fundamental goal of the project is to provide censorship-resistant, as widely used payment methods as possible. Nimiq offers the Nimiq Developer Center to help developers along the way. This inherently implies that Team Nimiq aims to give developers the framework and resources they need to continue creating applications that use the Nimiq Payment Ecosystem.

Nimiq (NIM) Fundamental Analysis

Nimiq is a blockchain and payment protocol native to the web as long as the device is connected. This allows for any type of payment, whether it is made online, in a store, or among friends, i.e., peer-to-peer. Being a browser-first blockchain, Nimiq makes paying as simple as visiting a website, and there is no need to install plugins or apps. It functions on every device with a browser, including desktop computers and mobile phones.

Users can instantly connect to the blockchain using nothing more than a browser due to the cutting-edge, browser-first blockchain approach. Therefore, anyone who uses a modern browser can sign up for the payment network directly. Users can also make payments and receive payments without needing to download any software or rely on pointless middlemen. This provides Nimiq with a simple yet reliable working quality, which is bolstered further by a commitment to ease of access and use. NIM is intended to be a widely utilized cryptocurrency.

The browser-first blockchain from Nimiq has been set up and optimized for the web. All user interfaces, including onboarding, simple address verification, and a streamlined backup procedure, are designed with simplicity and convenience of use in mind. Additionally, Nimiq is home to a burgeoning ecosystem of apps and has made major investments in the advancement of research into blockchain and cryptocurrency usage.

To further diversify the project assets and secure a legal partner to implement the first iteration of the Open Asset Swap Interaction Scheme (Nimiq OASIS), Nimiq purchased a stake in the German TEN31 Bank. The initiative gives qualified community projects a small amount of seed financing as well as active support and guidance for community developers.

Nimiq considers the seeking out and creation of the best user-friendly, censorship-resistant, and decentralized payment solution possible as an opportunity for widespread adoption. Nimiq aims to accomplish this by investigating, putting into practice, and fusing cutting-edge technologies from Web development, usability, user experience, human psychology and behavior, blockchain technologies, peer-to-peer networks, and distributed ledger technologies.

Commercial payment providers made Nimiq evolve to frictionless transactions that are necessary for user adoption. This is because they have a significant impact on the user’s idea of a system’s security and dependability. In other words, users are significantly more likely to feel comfortable while trusting a payment system for their money when it is simple and frictionless.

It seems, given the history and roots of cryptocurrencies, that the target audience is always tech-savvy individuals. The main goal over the years for Nimiq is always to address extremely difficult research and technical issues in the fields of network communications, distributed ledger technology, and cryptography. It was out of the question to think only about simplifying blockchain technology for user experience and regular online payments at this early level.

Nimiq is now standing on the shoulders of giants, propelled by knowledge. They now possess and are in profound gratitude for the toil of early crypto pioneers. For providing a new payment experience, Nimiq is trying to cross the convenience of traditional payment methods with an improved user experience that is intuitive yet simple. It also offers the privacy and censorship resistance of decentralized cryptocurrencies. This is a part of the Nimiq Ecosystem, the Nimiq Payment Protocol.

Nimiq 2.0 is also bringing a change from Proof-of-Work to Proof-of-Stake. Albatross is the name of their new Proof-of-Stake algorithm, which can offer a high throughput of transactions with eventual finality. The significantly lower energy consumption of Proof-of-Stake systems is a significant advantage over Proof-of-Work algorithms. Miners convert themselves into validators who invest in the currency itself and set away a ratio of their share as security, as opposed to putting energy into the system.

 

Nimiq Price Analysis

The Nimiq price on August 27, 2022, is $0.0012, with a trading volume of $166.66 thousand and a market cap of $11.84 million. The CoinMarketCap ranks it as number 713. It has a maximum supply of 21 billion NIM coins with a circulating supply of 9.72 billion NIM coins. It has a high potential for performing better in terms of price. 

Nimiq (NIM)
Rank: 1245
$ 0.001298
Price (BTC)
Ƀ0.00000002
Marketcap
$ 15.20 M
Volume
$ 169.51 K
24h Change
1.29%
Total Supply
8.89 B NIM

Nimiq Price Prediction – Crypto Academy

We predict the minimum, average, and maximum prices of Nimiq from the year 2022 to 2030 on the basis of their initiatives in the roadmap.

Nimiq Price Prediction 2022

For 2022, we expect the price of Nimiq to reach a maximum level of $0.002. The minimum price might be $0.001, while the Nimiq price can reach an average level of $0.0015 by working with Bluecode available in real-world shops to facilitate secure, instant, simple, and non-custodial mobile payments.

Nimiq Price Prediction 2023

For 2023, we predict the price of Nimiq to reach a minimum level of $0.0015 and an average level of $0.002. The expected maximum price is $0.0025 in 2023, letting the European users perform large-scale non-custodial swaps after a KYC procedure with TEN31 Bank.

Nimiq Price Prediction 2024

Our predictions for 2024 say that the price of Nimiq might reach a minimum level of $0.002 and a maximum trading price of $0.0035 by implementing its SuperSimpleSwap widget and letting the users start buying NIM and BTC directly from their bank accounts. The Nimiq price can reach an average level of $0.0028. 

Nimiq Price Prediction 2025

We forecast the price of Nimiq to be a minimum level of $0.0025, with an average price of $0.0033 throughout 2025. The Nimiq price can have a maximum level of $0.0042 through the Aurora Testnet, which will allow a broader interaction of community and test of the network.

Nimiq Price Prediction 2026

For 2026, we anticipate the maximum possible price of Nimiq to be $0.005 in 2026 owing to software testing by security experts and a public bug bounty program for improving the Nimiq Albatross. The Nimiq price can hit a minimum level of $0.003 with an average level of $0.004.

Nimiq Price Prediction 2027

We expect the price of Nimiq to be about a maximum value of $0.007 by use preparing the hard fork for the upgrade, where community members can become the first validators to support external partners, with an average trading value of $0.0053 throughout 2027. The Nimiq price value can reach a minimum of $0.0035.

Nimiq Price Prediction 2028

In 2028, we forecast the price of Nimiq to reach a minimum level of $0.004 and a maximum level of $0.009 by launching Nimiq with a Proof-of-Stake mechanism and offering all these features in an easy-to-use application. The Nimiq price can hit an average trading price of $0.0065 throughout 2028. 

Nimiq Price Prediction 2029

We predict the price of Nimiq to hit a minimum level of $0.0045 in 2029. The Nimiq price can reach a maximum price value of $0.01 by studying the multi-signature features for the Nimiq Wallet and innovating them, with an average value of $0.007.

Nimiq Price Prediction 2030

By 2030, the price of Nimiq can reach a minimum value of $0.006 and a maximum level of $0.03 by adding private transactions to the Nimiq Blockchain. The average trading price of Nimiq might be $0.009.

Nimiq Price Prediction chart 2022 - 2030

Nimiq Price Prediction – Market Overview

We have listed below some opinions of famous cryptocurrency analysis websites regarding price predictions for Nimiq in the upcoming years.

Priceprediction.net

PricePrediction.net analysts and experts have predicted a maximum price of $0.0025 at the end of 2022, while the average possible price can be $0.002. They think that the price will continue to surge easily, reaching the price of $0.009 in the next five years. Its worth can touch the maximum price of $0.061 by the year 2030.

Digital Coin Price

Digital Coin Price experts forecast the minimum price of Nimiq to be $0.0017 and the maximum price to be $0.0068 in the future. The NIM price can grow a little and reach $0.0017 to $0.0019 in one year. The prices three and four years from now can be $0.0021 and $0.0024, while in five years, they can be $0.0034. The price in the next six and seven years can reach $0.0042 and $0.0052, respectively.

Tech News Leader

Tech News Leader experts have determined the maximum possible price of NIM to be $0.003 within the year, with an average price of about $0.010 in five years. There is a foreseeable chance for the price of NIM in the next ten years to reach $0.06. They predicted for the next eight to ten years, the minimum and maximum possible price of NIM to be $0.058 and $0.07.

Wallet Investor

Wallet Investor analysts do not think that NIM can be a profitable investment in terms of returns. By the end of 2022, 2023, and 2024, the highest possible prices can be $0.00015, $0.00013, and $0.000029. The maximum price of Nimiq can be $0.000039, $0.000027, and $0.000037 till the end of years 2025, 2026, and 2027. 

How to Buy Nimiq (NIM)

If you want to buy Nimiq, you can try buying it from a credible platform, such as Binance. 

Step 1: Login/Create an Account.

To buy a cryptocurrency, your starting point would be to make an account on Binance or any cryptocurrency exchange. You have to register on Binance to start your purchase. You should sign in to your account (if it exists) or alternately use your mobile number or email address to create your account. After that, you need to log into your account on the Binance website or app and verify your identity.

Step 2: Select a Payment Method.

You next have to fund your account, and for that, you have to choose a way to fund your account so that you can buy Nimiq (NIM) tokens. On the Binance platform open page, you have to click on the “Buy Crypto” button in the website menu and check all the options available in your area.

If you have to use this platform for the first time, you should utilize the easiest method, which is a credit card or a bank transfer. Binance accounts can be funded with payments made using Visa, MasterCard, and peer-to-peer technology. Several options for third-party payment methods are also available, or you can buy Nimiq directly from other users.

Step 3: Buy Nimiq

You now have to make your deal, so input the order information within the first minute of selecting the payment method. To display the most recent order pricing after a minute has passed, you must click the “Refresh” button on the screen. 

Verify each detail before approving the asset exchange. After purchasing cryptocurrency, keep it in your personal wallet or Binance account. The stake or exchange of tradable assets is also permitted by Binance.

Frequently Asked Questions (FAQs)

Is Nimiq a Good Investment? 

Yes, Nimiq is a very good investment for its ecosystem of decentralized and uncensored payment technology apps.

Can Nimiq Reach $1? 

No, Nimiq might not reach $1 in upcoming years as its worth needs atleast 13 to fifteen years to attain this price.

Where to Buy Nimiq?

If you want to buy Nimiq from a reliable cryptocurrency exchange, you can use Coinbase, Binance, BTCEX, OKX, Deepcoin, and Bybit.

TakeAways

Disclaimer: The information provided on this page is most accurate to the best of our knowledge; however, subject to change due to various market factors. Crypto-Academy encourages our readers to learn more about market factors and risks involved before making investment decisions.

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