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Melon Price Prediction

An up-to-date Melon price prediction for 2021, 2023, 2025. Wondering what is the future of MLN price? Find out Melon price forecast with historical, fundamental and technical analysis.
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Melon Fundamental Analysis

Project name
Melon
Stock Symbol
MLN
Curr. Price
173.92
Curr. Supply/Total Supply
1824437.3190986535
ROI Since Launch
No Data
Launch Date
2017-03-15
Official Website

Melon is the governance token on the Ethereum-based protocol used for managing and investing in custom crypto assets. With the help of Melon, users can invest in funds, portfolios, and other people's creations. The Melon token is an integral part of the whole ecosystem. The Melon protocol that operates using a system of smart contracts also implements the MLN cryptocurrency to carry out multiple operations on the platform. MLN users are able to invite new members and influence the protocol by changing its parameters and managing its upgrades. The token also gives network protocol participants a voice on monetary policy and engineering design within the network. The MLN cryptocurrency is further used for voting on the protocol’s software policies, such as its inflation rate and monetary policies. In addition, Melon token acts as an incentive system and rewards users for continued proper participation in the network. Melon aims to create an alternative system in opposition to the traditional forms of asset management. MLN has deconstructed the system to bring it to the decentralized field of cryptocurrency. It has revolutionized the old field that previously belonged only to professional financial advisors and firms. The network behind MLN was also built by a qualified team of specialists. With the help of their years of expertise, MLN accomplishes the goals of preserving the integrity of the network, maximizing adoption, and foster innovation within its ecosystem. 

Melon Technical Analysis

Despite the fact that 100% accurate technical analysis for Melon cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated MLN buy-and-sell rating for selected timeframe. The summary for MLN/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Melon Price Prediction

Below we have collected the most reliable price projections for Melon (MLN) from popular forecast platforms.

#1. WalletInvestor MLN Price Prediction for 2021, 2023, 2025

According to WalletInvestor, Melon price will grow from $173.92 to $201.972 in one year. That makes MLN an good investment. The long-term earning potential is 16.13%. Predicted price for the end of 2026 is $567.013.

#2. TradingBeasts MLN Price Prediction for 2022

Answering the question about if Enzyme is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $152.995 with a growth to $164.725 by the end of 2022.

#3. DigitalCoin MLN Price Forecast for 2021, 2022, 2023, 2025

In DigitalCoin analysis, the price of Melon cryptocurrency will rise in the next 5 years starting from $164.998 as of today’s price to $577.8222667. It will go up to $279.161352 by 2022 and continue its growth in 2023-2024. Based on this forecast, Melon is a profitable long-term investment.
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Summary

As it can be clear from the analysis cited above, Melon (MLN) projections are rather contradictory. There is no universal consensus either about positive or negative future MLN price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Melon projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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