NEST Protocol Price Prediction: Has NEST Got a Future?

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What Is the NEST Protocol Price Prediction Today

AT A GLANCE

  • In 2024, NEST Protocol price is expected to reach $0.004759767148306686, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $0.0000954 to $0.006079757218123977, with TradingBeast predicting a breakthrough leading to a price rise to $0.006079757218123977
  • By 2030, NEST price can hit $0.004759767148306686

NEST Protocol Fundamental Analysis

Project name
NEST Protocol
Stock Symbol
NEST
Current Price
0.002500928514242689
Current Supply
10000000000
Official Website

NEST is an ERC-20 token native to Nest Protocol, a blockchain oracle providing a uniquely secure way to get real-world price data into the DeFi ecosystem. Nest Protocol appeared on the market in 2020.

Nest Protocol differs from other oracles by employing a verification system. First, the quote is submitted for verification by a miner, along with a handling fee in ETH and the quoted assets in an appropriate proportion: e.g., if a miner says that 1 ETH = 100 USDT, he or she must lock 1 ETH and 100 USDT in a smart contract with the price. Then a verificator either trades the assets if there’s an arbitrage opportunity or leaves it as is. In the latter case, the quote makes it into a price block on the chain. After the verification period, the miner can withdraw his or her assets from the contract. Miners and verificators are rewarded with the portion of the fee paid by the oracle customers for their data requests. Since the submissions that went through arbitrage are rejected, the miners are incentivized to quote prices as close to the real market as possible, otherwise, they lose both the commission and the fee paid on submission. Except for this handling fee, the payments within the network are made in NEST, which also serves as a governance token.

NEST Protocol Live Price Chart

Nest Protocol started trading in July 2020 approximately at $0.03. The price soared in August 2020, as NEST got listed at more and more exchanges, riding the wave of DeFi popularity. This growth was probably compounded by the anticipation of Cointelegraph China’s big DeFi conference (which took place in September of the same year), and NEST’s price reached the all-time high of $0.2382 on August 10, 2020. After that, the price declined sharply, though, by mid-September reaching ~$0.05 – $0.06. Various strategic partnerships failed to restart an uptrend for NEST’s price: later the same year it fell further to ~$0.02 – $0.03 and stayed there until the beginning of 2021. Crypto bull run in the first months of 2021 buoyed NEST’s price somewhat, allowing it to break the $0.05 barrier and even reach $0.07 at some point. By late May 2021, though, the price fell to the new lows of ~$0.01, where it’s been staying at least until the middle of the summer.

NEST Protocol Technical Analysis

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

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NEST Protocol Price Prediction

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

NEST Protocol Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$0.00280728
-2%
-2%
2025
$0.00388250
24%
24%
2026
$0.00225315
-19%
-19%
2027
$0.00164857
-47%
-47%
2030
$0.00254306
-8%
-8%

NEST Protocol Price Prediction for 2024

As for NEST Protocol price predictions for 2024, there are divergent opinions. TradingBeast expects an upturn towards $0.003226, and PricePrediction.net echoes with ~$0.003901 by the year’s end. Other experts, for example, from WalletInvestor, are more pessimistic about NEST Protocol’s future price, citing numbers downwards of $0.000243 in December.
Potential ROI: -2% Sell

NEST Protocol Price Prediction for 2025

In their NEST Protocol price predictions for 2025, PricePrediction.net’s forecasts the coin’s price to go above $0.004452 by December. Forecasting NEST Protocol's future, TradingBeast expects further growth, too, saying the NEST Protocol price will reach ~$0.004677 by that time. On the contrary, WalletInvestor keeps predicting NEST Protocol price decline, quoting prices around ~$0.000143 in 2025.
Potential ROI: 24% Buy

NEST Protocol Price Prediction for 2026

NEST Protocol price predictions for 2026 are still predominantly positive, with some analysts promising prices in the $0.003026–$0.003026 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.0000337 in December 2026.
Potential ROI: -19% Sell

NEST Protocol Price Prediction for 2027

TradingBeast has only pessimism in store for the 2027 NEST Protocol price prediction, valuing NEST Protocol at $0.0005002 by the end of 2027. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.0000117 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their NEST Protocol price prediction for December of this year is just $0.003501.
Potential ROI: -47% Sell

NEST Protocol Price Prediction for 2030

Speaking of long-term NEST Protocol price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that NEST Protocol price will grow further and eventually reach $0.003376 by the end of the decade. PricePrediction.net’s price prediction for NEST Protocol echoes with the projection of an uptrend to $0.003551. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $0.00001076.
Potential ROI: -8% Sell

Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

Summary

As it can be clear from the analysis cited above, NEST Protocol (NEST) projections are rather contradictory. There is no universal consensus either about positive or negative future NEST price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the NEST Protocol 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).
All you need for your research in one channel!
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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