Anchor Protocol Price Prediction

Last Updated January 19th 2023
18 Min Read

In the crypto world, decentralization has become a very popular topic among investors and traders. Given its impact on trades and transactions, it has a huge potential role to play in the growth of the financial system in the whole world. This Anchor protocol price prediction article will be helpful for anyone interested in DeFi investing.

ANC Overview

Cryptocurrency Anchor Protocol
Ticker Symbol ANC
Rank 632
Price $0.05219018802618932
Price Change 24h 9.60%
Price Change 7d 2.77%
Market cap $18,286,494.75
Circulating Supply 350,381,852.323
Trading Volume $22,402,753.00

 

Anchor Protocol is yet another crypto project that focuses on making transactions and trades easier for users and investors through its lending and borrowing protocol on the Terra Blockchain.

We know the importance of expert research work and background study of any cryptocurrency or digital asset before investment. We also know that price predictions, in particular, are always helpful in investment decisions.

In the course of this article, we will take you through Anchor Protocol (ANC) price forecast from expert analysts and other vital information regarding this crypto project.

 

Anchor Protocol Coin ANC Price Predictions 2023, 2025, and 2030

Here is a quick overview of Anchor Protocol Coin ANC price forecast for interested investors and crypto users:

  • End of 2023: The increasing popularity and the growth of the Terra Blockchain will definitely have an impact on the growth in the price of the Anchor Protocol Coin ANC, as prices are expected to reach $0.09.
  • End of 2025: Keeping the momentum already built in the previous two years, the Anchor protocol coin ANC will see an improvement in its price, as the price will hinge at $0.18.
  • End of 2030: By the year 2030, many crypto tokens must have become household names giving more credibility to the crypto space and also creating more leverage for crypto tokens and coins to grow even more. This will also impact the Anchor Protocol Coin, driving ANC price upwards to $1.05 per token.
 



What You Need To Know About Anchor Protocol

Anchor Protocol is a blockchain initiative that implements lending and borrowing, offering stablecoin deposits up to a 19.5% interest. Lenders can put their USTs on the platform and receive good rates on their investments while also enjoying minimal volatility. Borrowers can convert their LUNA collateral into valuable assets without relinquishing control.

Investors seeking high-yield, low-volatility assets will be attracted to Anchor Protocol, increasing demand for UST. This facilitates the acceptance of UST as a stablecoin and, as a result, the Terra project in DeFi. The price of LUNA will rise as Terra, whose developers are behind the launch of Anchor Protocol, gains traction and is fully adopted in the DeFi space.

Despite the variety of DeFi solutions on the market, one may argue that there is presently no user-friendly savings project that is both simple to use and secure enough to gain universal adoption.

Given the price instability of most crypto assets, staking is unsuitable for the vast majority of investors. On the other hand, the cyclical nature of stablecoin interest rates on DeFi mainstays like Maker and Compound makes them somewhat unsuitable for investors too.

Anchor Protocol was designed as one of the first protocols on Terra to satisfy this crucial necessity. It's a dividend-paying savings platform based on block incentives from major Proof-of-Stake blockchains.

Anchor offers depositors complete protection of their principal through a stablecoin savings product, with a steady interest rate. It achieves this by assigning block benefits to assets used to loan stablecoins and regulating the deposit interest rate.

Anchor Protocol offers DeFi's benchmark interest rate, which is determined by the yield of the infamous PoS blockchains. The primary goal of the protocol is to become the global standard for blockchain passive income.

Terraform Labs, a South Korean fintech firm formed by Daniel Shin and Do Kwon, launched Anchor Protocol in March 2021. Terraform Labs is also the creator of the Terra layer-one blockchain, which has exploded in popularity in the DeFi industry.

Terraform Labs has raised $150 million from notable crypto investors such as Pantera Capital, Arrington XRP Capital, Galaxy Digital, and BlockTower Capital, making it one of the largest and most sorted companies in the cryptocurrency market.

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Unique Characteristics Of The Anchor Protocol

Anchor's sleek user interface and straightforward usability set it apart from a slew of other money market protocols such as Aave and Compound.

The protocol's main value concept is to connect borrowers and lenders by providing the former with a mechanism to borrow in stablecoin without risking their investments and the latter with an enticing interest rate on stable assets.

Other basic unique features and functionality include:

For the purpose of saving money

Crypto assets may not be the greatest alternative for clients searching for a less risky passive income because of their significant price volatility. Anchor offers a way out with Terra stablecoin money markets.

Depositors of the Terra stablecoin will earn stablecoins in return, averting the high volatility of other crypto assets. Anchor's deposit interest rate stability strategy ensures consistent returns, protecting against volatility.

For the purpose of liquidation

Customers who don't wish to deposit or borrow can join the Anchor liquidation pool, a big risk, big reward product that provides liquidation funds for Anchor debt holdings. Liquidation fees paid on contract execution might be profitable for liquidation contract owners.

For Safety Measures

Anchor employs a liquidation process to ensure that depositors' capital is safeguarded. Deposits are safe as long as the obligations they secure are well-collateralized. The Anchor liquidation protocol aims to protect deposits by paying off debts that are at risk of not meeting collateral requirements.

Provision of Leverage

Users can borrow stablecoins and purchase more of the same asset with their assets as collateral, enabling them to leverage their holding and positions. Users can also profit from low-rate periods by borrowing stablecoin at a cheap cost and making investments in assets with a greater return than their borrowing cost.

Users needing extra stablecoin liquidity can do so with almost no additional interest because their assets' block rewards cover the deposit interest rate.

Anchor Protocol Coin (ANC)

The protocol's native governance token, ANC, can be staked in exchange for voting rights and a say in Anchor's development. It has a total quantity of 1 billion coins, with 350 million now in circulation. 

There is no information on vesting timelines on Anchor's website.

The ANC coin is distributed as follows:

  • Borrower Reward (40%)
  • Investors (20%)
  • Luna staking rewards (10%)
  • Team (10%)
  • Community fund (10%)
  • Airdrops (5%)
  • ANC liquidity (5%)

Anchor is based on the Terra blockchain, which is a layer-1 blockchain with a Tendermint-based delegated proof-of-stake consensus protocol. LUNA token holders can either stake their tokens individually or assign their tokens to validators to protect the network.

Anchor has also been evaluated by Cryptonics and Solidified three times and confirmed to be secure each time.

A Bug Bounty Program is available in the protocol, with incentives ranging from $500 to $150,000. The ANC token is accessible on Terra as a native CW-20 token and on Ethereum as an ERC-20 token.

Anchor Protocol (ANC) Price History

It is important to note and understand the price history of Anchor protocol coin (ANC) as this will help users and investors better understand ANC price predictions and forecast and make informed decisions.

For the purpose of this article, we will make use of the data from the crypto platform Coingecko, as they have been tracking this crypto token for a while.

On 30th April 2021, the Anchor Protocol coin was at a price of $5.95 per token and served a trading volume of over $7 million, making it a strong coin at the time in the crypto market.

Heading to the end of May and the beginning of June 2021, the price of the Anchor Protocol coin took a dip and hit a low of about $2.74 as of 4th June 2021.

Between August and the end of September, the Anchor protocol coin gradually started its climb up the price ladder again, hitting up to $4.46 on 15th September 2021 and a volume of $18 Million.

Making its way into 2022, and with the maximum dip faced by the crypto market in recent times, the Anchor Protocol coin also hit the red zone, with the price of the coin dropping to $2.27 on 20th January 2022.

The month of March 2022 saw the coin pick up its pace again, heading on with a high of $5.94 as of 5th March 2022 with a high trading volume of up to $339 Million. This makes the month of March one of the best seasons for the crypto token in recent times.

The Anchor Protocol coin dropped to $1.5 in April. In the first days of May, the coin climbed to $2 but then dropped $0.08 by the end of the month. ANC closed the year at $0.03.

Anchor Protocol ANC/USD chart. Source: CoinMarketCap

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Anchor Protocol ANC Experts Forecasts

With expert analysis, investors and crypto users can make informed decisions on any token or coin they choose to buy.

Many platforms give legitimate information on the price forecast and predictions of the Anchor Protocol ANC. In this part, we will outline the information from these websites and standard platform for a better understanding of investors:

According to our forecast, In 2023 the price of Anchor Protocol is expected to reach at a minimum price level of $0.16. The ANC price can reach a maximum value of $0.18 with the average trading price of $0.17.

ICOcreed

Anchor Protocol price is forecast to reach a lowest possible level of $0.072 in 2023. As per our findings, the ANC price could reach a maximum possible level of $0.087 with the average forecast price of $0.074.

PricePrediction.net

As stated in the same slogan, the ANC's maximum price ranges from $0.14 to $0.17 for 2025. Anchor Protocol price may cross $0.49 if the market sees a good bull run in 2028.

Technewsleader.com

According to our current Anchor Protocol price prediction, the value of Anchor Protocol will increased by 232.70%, reaching $0.18 by end of 2025.

Digitalcoinprice.com

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Anchor Protocol (ANC) Coin Price Predictions

It's time to understand the price predictions of the Anchor Protocol coin ANC according to our expert analysis and forecast, as this will help investors and crypto users make the best decision and maximize profit.

Here are the price predictions of the Anchor Protocol coin ANC from the year 2023 to 2030:

Anchor Protocol Coin Prediction 2023

There are several factors that could affect Anchor Protocol price in 2023. There are chances that the coin will experience a bearish run, but a positive outlook is expected.

According to our forecast and data research, the price prediction of Anchor Protocol is likely to cross the $0.07 threshold in 2023. Anchor Protocol is projected to have a minimum value of $0.04 throughout the year. Furthermore, the ANC price has the potential to reach a maximum of $0.09 in 2023.

Anchor Protocol Coin Prediction 2024

Already, we know that Anchor protocol has become an important part of the DeFi community. It offers DeFi users and investors incredible opportunities to lend and borrow crypto assets with several incentives. It will grow more popular in the future, and that will potentially push ANC price higher.

According to our forecast, the value of Anchor protocol (ANC) is likely to exceed $0.1 in 2024. It is expected that the minimum price of the coin will be in the region of $0.095 while the maximum price should be up to $0.14 per token.

Anchor Protocol Coin Prediction 2025

Anchor Protocol 2025 Price Prediction is quite exciting. There is a decent chance of the coin doubling its current price before 2025. It is also possible that it won't reach its predicted maximum price for the year, but we are going to be positive here.

The Anchor protocol price prediction is projected to break beyond the $0.15 mark in 2025. Anchor Protocol is projected to have a minimum price of $0.13 throughout 2025. The projected maximum price, on the other hand, is $0.18.

Anchor Protocol Coin Prediction 2026

According to the results of our analysis, Anchor Protocol (ANC) could grow rapidly in 2026, potentially reaching record highs in terms of price ranges and market capitalization. Of course, this will depend on several market factors and how the Terra platform develops.

According to the results of our analysis, Anchor Protocol (ANC) may trade for a minimum price of $0.16 in 2026. If everything should go as we anticipate, then Anchor Protocol maximum price should be up to $0.28 per token.

Anchor Protocol Coin Prediction 2027

Most long-term cryptocurrency investors like to know how well their investments can perform within five years. 2027 is exactly five years away and many will be interested in Anchor Protocol price forecast for 2027.

Based on our analysis, there is a good chance that Anchor protocol (ANC) will experience a bullish trend going into 2027. The coin will likely trade for a minimum price of $0.2. It is also projected that the maximum price of Anchor Protocol coin will be up to $0.36 per token.

Anchor Protocol Coin Prediction 2028

One of the major reasons we believe Anchor Protocol will succeed is the fact that it has the potential to attract a community of DeFi investors in the coming years. We believe so much that the project will have a vibrant community before 2028. Of course, the activities of the members of the community will help to push ANC price higher.

If things should go as we anticipate, then Anchor Protocol price forecast in 2028 will be above the $0.5. It is forecasted that the minimum price of the coin will be in the region of $0.4 while the maximum price could be as high as $0.52 per token.

Anchor Protocol Coin Prediction 2029

According to our in-depth Anchor Protocol projection and technical analysis, Anchor Protocol will likely reach the $0.59 average price level in 2029. We believe this can happen once the network continues to improve its services.

Anchor Protocol's minimum price for the year is expected to be $0.46. Our projections also show that the digital coin could trade for a maximum price in the region of $0.72 per token. Of course, the minimum and maximum prices could vary from the projected figures.

Anchor Protocol Coin Prediction 2030

Cryptocurrencies are expected to go mainstream before 2030. DeFi projects like Anchor Protocol will become a lot more valuable by then. We also expect that the price of the coin will be significantly higher than what it is at the moment.

By 2030, the minimum price of Anchor Protocol is expected to be in the region of $0.64 at the very least. The digital coin can also reach a high forecast of $1.05. The average price of the coin should be in the region of $0.84 per token.

Potential Highs And Lows Of Anchor Protocol (ANC)

The crypto space is a very volatile space, with prices of coins and tokens steadily fluctuating at every turn. Therefore crypto users and investors need to understand the potential prices to expect in the coming years.

With a record low in the early weeks of 2023, the coin is expected to do much better in the coming months. It shouldn’t be recording such a weak low price again going into the future.

We also believe that the price of Anchor Protocol coin ANC will keep rising in the years ahead. The highest price of the coin, as per our projection, will be observed in 2030.

The table below summarizes the potential highs and lows of Anchor Protocol coin (ANC):

Year High Low
2023 $0.09 $0.04
2024 $0.14 $0.95
2025 $0.18 $0.13
2028 $0.52 $0.4
2030 $1.05 $0.64

 

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Should You Invest In Anchor Protocol ANC

Given the dynamics of the cryptocurrency market, it is important to try to understand if buying into Anchor protocol project right now is a good move for investors and crypto users.

Also, with the price range shown through the course of this article, we will try to make sense of some of these vital points and determine if the Anchor Protocol coin ANC is a good investment for interested investors and crypto users.

With the predicted price increase of the Anchor protocol coin in coming years, it is safe to say that the Anchor protocol is a good buy right now since there is a high possibility of the crypto token increasing in price and market capitalization in the future.

With that being said, it is also vital for crypto users and investors to understand that the crypto market is not a risk-free zone and can be very volatile sometimes. Therefore investors will do well to do their own basic research before investing their funds into this crypto token.

Where To Buy Anchor Protocol Coin ANC

The Anchor Protocol Coin ANC has been listed on a number of major exchanges and can be purchased by interested investors and crypto users from these exchanges. It is important that you choose the right platform to buy any coin to minimize risks and improve your chances of enjoying perks.

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Another major reason to choose eToro ahead of other cryptocurrency exchanges and brokerages is the fact that it is user friendly. The platform is great for users of all experience levels. It doesn't matter whether you are a beginner or an experienced trader, there's so much to gain by buying Anchor Protocol or any other digital asset from eToro.

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Anchor Protocol Coin Price Prediction – Conclusion

The Anchor Protocol coin has shown significant promises given its market movements in recent times. From what we’ve covered in this Anchor Protocol price prediction article, you should be able to determine whether it is the right coin to buy.

For investors and crypto users still contemplating buying and holding this crypto, our forecast indicates that the coin may be decent for long-term investors who can HODL for years.

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FAQs

Is Anchor Protocol a good investment

Based on our Anchor Protocol forecast, the coin can be a good investment. It is expected to rise in the coming years.

Is Anchor Protocol a good investment for the future?

Anchor Protocol appears to be a good investment for the future; that is if you consider its past and its potential, as well as our price forecasts.

Will Anchor protocol Go up?

Yes, Anchor Protocol coin is expected to rise in the coming years. It may reach $0.09 by the end of 2023, $0.14 by the end of 2025, and then $1.05 by the end of 2030.

Will Anchor Infinity reach $10? 

No, we don't expect that this can happen in the next 10 years.

What will be the price of ANC in the next five years?

According to our forecast, Anchor Protocol minimum price should be around $0.4 in the next five years, while the maximum price should be up to $0.52.

What will be the price of ANC in the next ten years?

In the next ten years, the price of Anchor Protocol coin (ANC) should be up to $14 per token.

 Will Anchor Protocol replace/surpass/overtake Bitcoin?

According to our predictions, this won't happen in the near future. In fact, it may never happen, since Bitcoin is still expected to grow in the future.

 Is Anchor Protocol (ANC) a good investment?

 The value of Anchor Protocol is projected to climb in the future, as scarcity tends to drive up prices.

Please keep in mind that any investment has some risk. Simply said, invest with what you can afford to lose, and undertake as much research as possible.

 What will be the Price of the Anchor Protocol in 2030?

 Anchor Protocol has the ability to reach greater levels in terms of price. It is expected that the value of ANC would rise to a maximum of $1.05 in 2030.

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