The Ubiq project belongs to the second generation of cryptocurrencies and largely repeats the ideas of the Ethereum. The developers took as a basis its source code while striving to finalize and improve it to a more reliable and flexible system.
What’s going on with the Ubiq (UBQ) price? How will it change throughout the next decade? Find out in the new Ubiq price prediction by Changelly!
Ubiq (UBQ) Fundamental Value
The Ubiq project is based on the idea of creating smart contracts and decentralized applications that work in automatic mode. Developers position their platform as a solution to thousands of tasks, which makes it a kind of supercomputer for working with blockchain.
A distinctive feature of Ubiq from the air developers highlight the flexibility and reliability of the formed platform. They pay attention to Ethereum hard forks, which create frequent system updates and instabilities for its users.
The Ubiq project offers a stable work environment protected from hard forks. Using the platform is focused on business and entrepreneurship, however, in general, it is also available for solving particular problems.
The developers paid special attention to the internal cryptocurrency Ubiq (UBQ), generating digital money based on the following parameters:
PoW protocol is suitable for mining on video cards;
block decryption time is 88 seconds;
The reward for the formation of the block was originally 8 coins, each year this value will be reduced by one to a minimum of 1 coin.
The best performance of UBQ coin was on January 3rd, 2018. The coin price was $7.21. There were 3 more price peaks:
June 13th, 2017, the price was $2.29
August 30th 2017, the price was $2.75
April 21st 2018, the price was $2.73.
Now the UBQ coin price is only $0.062786.
Ubiq Technical Analysis
Well, there is not actually any technical analysis expertise of Ubiq cryptocurrency. However, here is the aggregate rating for UBQ from several traders & analysts on TradingView.
Ubiq (UBQ) Price Prediction for 2020-2030
The final annual inflation of Ubiq is forecasted at 3%. At the same time, the production protocol has been improved. The block decryption period is constant and not subject to fluctuations, which creates conditions for system stability and predicted calculations. Now let’s look at some future UBQ price forecasts.
#1. CryptoGround UBQ Price Prediction for 2020-2030
Based on the data, it can be predicted that it is Profitable to invest in Ubiq (UBQ) for the long term. By long-term, we mean that the Ubiq forecast for a period of 5+ years. The price of Ubiq (UBQ) after 5 years (from today) will be around $5.9895. The technical analysis using the algorithm says that the price of Ubiq (UBQ) will not decrease or fall or drop in the long term.
The price of Ubiq (UBQ) in 2021 will be about $2.6952. As per the forecast and algorithmic analysis, the price of 1 Ubiq (UBQ) will be around $5.9895 in 2024. The price of 1 Ubiq (UBQ) will be around $7.1694 in 2025.
#2. WalletInvestor Price Prediction for UBQ Cryptocurrency
UBQ is an awesome long-term (1-year) investment. The Ubiq price can go up from 0.0627 USD to 0.133 USD in one year. The long-term earning potential is +112.10% in one year. The Ubiq (UBQ) future price will be 0.00811 USD by 2024. According to present data Ubiq (UBQ) and potentially its market environment has been in a bearish cycle last 12 months.
#3. Ubiq Cryptocurrency Price Prediction by Trading Beasts
The Ubiq price is forecasted to reach $0.0949577 by the beginning of January 2020. The expected maximum price is $0.1241218, minimum price $0.0844029. The Ubiq price prediction for the end of the month is $0.0992975.
The Ubiq price is forecasted to reach $0.1125809 by the beginning of June 2020. By the end of 2020, coin price will be around $0.0977566. In 2021, the estimated price of one coin is $0.1718098.
Assessing the potential of the platform, analysts speak differently about its prospects. Ubiq does not show itself as a full-fledged alternative, no truly innovative solutions and technologies are integrated into the project. Given this factor, there is doubt about the relevance of the new development against the background of the already existing and proven platform.
However, some experts point to the Ethereum blockchain being loaded with numerous tokens, which really creates difficulties for its use with low network scaling. In this context, the formation of an additional project to create smart contracts and applications is justified.