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NuCypher Price Prediction

An up-to-date NuCypher price prediction for 2022, 2023, 2024, 2025, 2030. Wondering what is the future of NU price? Find out NuCypher price forecast with historical, fundamental and technical analysis.
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NuCypher Fundamental Analysis

Project name
NuCypher
Stock Symbol
NU
Current Price
0.187
Current Supply
3885390081.7482486

NuCypher (NU) is a token powering NuCypher network – a decentralized key management service (KMS). NuCypher works as a privacy layer on top of the Ethereum blockchain, providing additional encryption options to the data being exchanged on blockchain-based Dapps and facilitating key management operations.

NuCypher was founded in 2015 as an encryption service protecting the data being moved or stored on the cloud. The product has quickly found its customers in industries highly sensitive to information safety, like healthcare and banking. As the service continued to prove its value, the founders decided to expand into the blockchain space. After several rounds of testing, in October 2020 NuCypher launched its mainnet. 

NuCypher doesn’t offer its services to the end users, focusing on serving blockchains themselves instead. The service description involves a lot of highly technical details mostly irrelevant to the ordinary users, but the founders are hoping that in time NuCypher will become a security protocol of choice for Dapp developers.

NuCypher token is used for staking by node providers and for governance purposes. Note that in June 2021 the community voted to merge infrastructure with another crypto security project, Keep. This union is called KEaNU, but the principal products will stay separate. The merger is going to take place by the end of the summer of 2021, with the new token – T – issued to NuCypher and Keep holders.

NuCypher Live Price Chart

NuCypher initially started trading at ~$0.2 upon its release in October 2020. Its price then dropped down to $0.06-$0.07 but didn’t stay there long, as the token’s Coinbase listing in December pushed it as high as $0.3. Then, after experiencing a lull, NuCypher had joined the crypto market bull run, hitting an all-time high of $1.13 on February 21, 2021. The price has been slowly but steadily climbing down since then, reaching about ~$0.2 by late June. This decline was probably caused by a combination of the general market downturn and the news of the coming merger with Keep, which introduced a great deal of uncertainty into the future of the NuCypher token. But many of the more optimistic investors still have faith in the project, pointing out that NuCypher is a young project with solid fundamentals and a lot of potential. 

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NuCypher Technical Analysis

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

NuCypher Price Prediction

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

NuCypher Price Prediction for 2022

As of the end of 2022, NuCypher price predictions are mostly pessimistic, predicting a decline to $0.17952 (PricePrediction.net) and even lower, down to $0.05797 (according to TradingBeast) by the end of 2022.
Potential ROI: -27% Sell

NuCypher Price Prediction for 2023

In their NuCypher price predictions for 2023, WalletInvestor’s forecasts the coin’s price to go above $0.20944 by December. Forecasting NuCypher's future, PricePrediction.net expects further growth, too, saying the NuCypher price will reach ~$0.25993 by that time. On the contrary, TradingBeast keeps predicting NuCypher price decline, quoting prices around ~$0.097969 in 2023.
Potential ROI: 1% Buy

NuCypher Price Prediction for 2024

The experts are unanimous in their NuCypher price forecasts for 2024 — everybody expects NuCypher’s price to drop down by the end of that year. WalletInvestor predicts the price to fall, reaching $0.15334. According to TradingBeast’s research, NuCypher’s price can drop down to $0.050944. PricePrediction.net’s forecast is also not so positive: its analysts hold the view that by 2024 NuCypher’s price will be about $0.10098.
Potential ROI: -46% Sell

NuCypher Price Prediction for 2025

WalletInvestor has only pessimism in store for the 2025 NuCypher price prediction, valuing NuCypher at $0.14773 by the end of 2025. TradingBeast agrees with a negative forecast and predicts, in turn, $0.013245 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their NuCypher price prediction for December of this year is just $0.25619.
Potential ROI: -26% Sell

NuCypher Price Prediction for 2030

Speaking of long-term NuCypher price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that NuCypher price won’t grow further and, opposedly, will decline to $0.1683. TradingBeast’s price prediction for NuCypher echoes with the projection of a downtrend to $0.00596. Despite this, WalletInvestor’s vision remains positive, promising growth up to $0.22627.
Potential ROI: -29% Sell
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Summary

As it can be clear from the analysis cited above, NuCypher (NU) projections are rather contradictory. There is no universal consensus either about positive or negative future NU price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the NuCypher 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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