UMA Price Prediction

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

Project name
UMA
Stock Symbol
UMA
Current Price
3.161
Current Supply
107090919.24966541
Official Website

UMA is a governance token of the UMA Project – a protocol enabling anyone to create synthetic tokens representing any real-world assets. UMA, which stands for Universal Market Access, was founded in 2018 by Goldman Sachs alumni and boasts an impressive list of backers, including Bain Capital Ventures, Coinbase Ventures, and others.

There are two key mechanics employed by the project — Priceless financial contracts and the Oracle system. Priceless contracts are used to mint synthetic tokens by locking collateral into a smart contract. UMA’s innovative approach is that those contracts do not require constant monitoring of the underlying assets’ prices; instead, it’s the token holders’ responsibility to make sure that their synthetic assets don’t become undercollateralized. If they do, another actor in the network – a liquidator – comes into play and liquidates the position. Liquidators are kept in check by disputers: if liquidation is made in a bad faith, they open a dispute. The Oracle system is made exactly for these cases: it reports the actual price of the asset in question, which decides the outcome of the dispute. Throughout this whole process, the honest parties are rewarded and the dishonest ones are penalized. UMA tokens are used in the dispute system to vote for price requests. The second role of the token is voting on the general improvements of the protocol.

UMA Live Price Chart

UMA token trading started in late spring of 2020 and failed to make a splash at first, its price hanging around $1.3 – $1.5 for a few months. With the DeFi boom in the fall of the same year, though, UMA’s price shot up, reaching $24.99 in early September. As the frenzy died down and the DeFi investors made hefty profits selling their tokens, however, UMA became more moderate in price, trading sideways between ~$7 and ~$11 until January 2021. In February the team behind the project made a very timely play, offering a synthetic index of meme stocks called uSTONKS during the battle between the Wallstreetbets subreddit and the actual Wall Street, which sent UMA’s price to $43.37. UMA enjoyed this success until the crypto market crash in May when its price tumbled down to the $13 — $15 range. By July it reached ~$8.5, where it shows the signs of consolidation.

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UMA Technical Analysis

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

UMA Price Prediction

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

UMA Price Prediction for 2022

As for UMA price predictions for the rest of 2022, there are divergent opinions. PricePrediction.net expects a downturn towards $1.07474, and WalletInvestor echoes with ~$0.259 by the year’s end. Other experts, for example, from TradingBeast, are more enthusiastic about UMA’s future price, citing upwards of $3.64357 in December.
Potential ROI: -48% Sell

UMA Price Prediction for 2023

In their UMA price predictions for 2023, PricePrediction.net forecasts the coin’s price to go down to $0.526623 by December. Forecasting UMA future, WalletInvestor expects further decrease of its price, too, saying the UMA price will reach ~$0.135 by that time. On the contrary, TradingBeast keeps predicting UMA price growth, quoting prices around ~$4.1068 in 2023.
Potential ROI: -50% Sell

UMA Price Prediction for 2024

UMA price predictions for 2024 are still predominantly negative, with some analysts promising prices in the $0.15–$0.732005 range (WalletInvestor, PricePrediction.net), while TradingBeast takes a different view and cites the possibility of the price reaching $5.05609 in December 2024.
Potential ROI: -37% Sell

UMA Price Prediction for 2025

PricePrediction.net has only pessimism in store for the 2025 UMA price prediction, valuing UMA at $0.285482 by the end of 2025. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.136 for the same period. On the other hand, TradingBeast’s team is more optimistic — their UMA price prediction for December of this year is just $6.03248.
Potential ROI: -32% Sell

UMA Price Prediction for 2030

Speaking of long-term UMA price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that UMA price won’t grow further and, opposedly, will decline to $0.234095. WalletInvestor’s price prediction for UMA echoes with the projection of a downtrend to $0.15504. Despite this, TradingBeast’s vision remains positive, promising growth up to $6.515078.
Potential ROI: -27% Sell
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Summary

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