With the recent boom in the NFT market, many people wonder how to create an NFT. SuperFarm is a project aiming to simplify this process as much as possible, as well as provide additional use cases for them. Are you wondering if this project has potential? Look into the SuperFarm coin price predictions below to find out what the analysts think.
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SuperFarm Price Prediction: Should You Invest in SuperFarm?
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Table of Contents
SuperFarm Fundamental Analysis
Project name
SuperFarm
Stock Symbol
SUPER
Current Price
0.1309
Current Supply
999998077.4169172
Launch Date
2014
Official Website
SuperFarm is a cross-chain decentralized finance (DeFi) protocol designed to facilitate the creation of NFT without coding. The project includes the marketplace and an innovative set of tools for unfolding the farm with the users’ rules.
SuperFarm aims to bring utility to every token by minting it as NFT without the need to know any programming languages. The project empowers the NFT creators, collectors, and traders to participate in an open and accessible for everyone NFT marketplace. The SuperFarm platform was officially launched on March 21, 2021.
Users can use visual tools to build their farms with customizable rules and also to tune their incentives. SuperFarm also allows the creation of NFTs, farming the coins for them, and making new ERC-20 tokens as well as binding NFTs to the videogames. The farms can provide the rewards for the liquidity providers and they also boost long-term stakes and provide the access to the project services via NFTs with utilities.
SuperFarm is also considered as a link between crypto platforms and the video games industry, as its goal is also to support collectible tokens used in AAA games. Non-fungible tokens from the SuperFarm platform will let the users access playing and gain limited edition items in the gameplay.
The project was founded by Elliot Wainman, an American influencer and cryptoblogger. In the first round of funding, the project raised $1.1 million from Bitcoin.com, Spark Digital Capital, Solidity Ventures, Animoca Brands, and other big companies from the crypto world.
SUPER is SuperFarm’s utility ERC-20 token. It’s used for staking, governance, NFT drops, and fees on the platform. Users also need to have at least 100 000 SUPER tokens to create their farm. This condition is set to ensure the quality of the launched farms and NFTs.
The token has a total supply of 999 million and 357 million coins are currently in circulation.
SuperFarm Live Price Chart
At the beginning of 2021 SUPER was traded for $1.36 and the price was bouncing, at times dropping to the level of $1. The situation changed at the beginning of March when the launch of the SuperFarm platform was announced.
SUPER started to gain in value, though experiencing moderate corrections after each price spike. One week after the platform was realized, SUPER token reached its all-time high of $4.73 on March 31. After that the price started to go down, but still within the bullish trend, not dropping lower than the resistance level of $1.6.
The trend changed in mid-May when the crypto market faced a crisis. On May 23 SUPER token collapsed to $0.44 and continued following the bearish movement till it reached its all-time low of $0.26 on June 14.
After the price recovered it stayed around $0.4 till the end of July and then started to experience slow growth. SUPER market stayed bearish till the end of October. By November 2 the token changed and started to follow bullish trends again. At the time of publishing the token is traded for $1.98. Despite the latest recovery most analysts give a negative SUPER token price prediction, considering it as a bad short- and long-term investment.
SuperFarm Technical Analysis
Despite the fact that 100% accurate technical analysis for SuperFarm cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated SUPER buy-and-sell rating for selected timeframe. The summary for SUPER/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
SuperFarm Price Prediction
Below we have collected the most reliable price projections for SuperFarm (SUPER) from popular forecast platforms.
SuperFarm Price Prediction for 2023
As for SuperFarm price predictions for 2023, there are divergent opinions. PricePrediction.net expects a downturn towards $0.001309, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from WalletInvestor, are more enthusiastic about SuperFarm’s future price, citing upwards of $0.198968 in December.
Potential ROI:
-49%
Sell
SuperFarm Price Prediction for 2024
In their SuperFarm price predictions for 2024, WalletInvestor forecasts the coin’s price to go down to $0.028798 by December. Forecasting SuperFarm future, TradingBeast expects further decrease of its price, too, saying the SuperFarm price will reach ~$0 by that time. On the contrary, PricePrediction.net keeps predicting SuperFarm price growth, quoting prices around ~$0.19635 in 2024.
Potential ROI:
-43%
Sell
SuperFarm Price Prediction for 2025
The experts are unanimous in their SuperFarm price forecasts for 2025 — everybody expects SuperFarm’s price to drop down by the end of that year. PricePrediction.net predicts the price to fall, reaching $0.079849. According to TradingBeast’s research, SuperFarm’s price can drop down to $0. WalletInvestor’s forecast is also not so positive: its analysts hold the view that by 2025 SuperFarm’s price will be about $0.014399.
Potential ROI:
-76%
Sell
SuperFarm Price Prediction for 2026
Both PricePrediction.net and TradingBeast doubt that the SuperFarm market will grow in 2026, predicting the price drop to $0.11781 and $0 by the end of the year respectively. Other SuperFarm price forecasts support the idea: WalletInvestor forecasts SuperFarm to fall down to $0.049742 by December 2026.
Potential ROI:
-57%
Sell
SuperFarm Price Prediction for 2030
Speaking of long-term SuperFarm price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that SuperFarm price will grow further and eventually reach $0.17017 by the end of the decade. WalletInvestor’s price prediction for SuperFarm echoes with the projection of an uptrend to $0.236929. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $0.
Potential ROI:
4%
Buy
Summary
As it can be clear from the analysis cited above, SuperFarm (SUPER) projections are rather contradictory. There is no universal consensus either about positive or negative future SUPER price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the SuperFarm 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.
