Ultra (UOS) Price Prediction 2021-2025: Can This Underdog Meta Coin Reach $12 by 2025?
Ultra is a PC-based all-in-one game distribution platform built on its customized variant of the EOSIO blockchain. Ultra was developed to appeal to gamers and game developers alike and hopes to provide an innovative platform that brings an end to the present gaming distribution monopoly.
Ultra's Protocol is an elaboration of the EOS platform. Ultra has upgraded and modified the technology stack so that the blockchain can perform functions like: (1) up to 100,000 transactions per second, (2) free user account creation, (3) no transaction costs, (4) flexibility which permits the freezing and repair of failed smart contracts as well as (5) inter-blockchain communications.
The UOS token rose to a record-breaking highest of $2.46 on November 25. However, the price fell to $1.33 on the 14th of December before showing a bullish reversal to $1.75 on the 24th of December.
Let's look at the Ultra token price predictions before heading into the new year.
What Is Ultra?
The Ultra platform has an economy built on tokens that include digital goods, referral bonuses, and rewards programs. UOS is the token that is the basis of this Ultra network. Particularly, the purchase of virtual goods, games, and services offered on the network operate via smart contracts that are dependent on UOS tokens.
Furthermore, all the features available on Ultra such as loyalty programs, beta testing, bug reporting, and advertising, operate exclusively using UOS tokens.
With the purchase of UOS by using Ultra's money users can download games and receive updates similar to how content and updates can be downloaded via Xbox as well as Steam.
The platform allows you to tokenize virtual objects and then sell them on the ultra marketplace or other marketplaces. Game developers can create tokens with the following options:
By raising over $6m between two seed and presale rounds in 2021, Ultra allocated:
Bullish Wave Free & Quick Transaction Mania
In June 2021, following more than three years of research and development, Ultra Mainnet went live.
A significant benefit of Ultra is the fact that it provides quick and instant transactions for free. Ultra has said that it doesn't believe in limiting its customers' use with excessive transaction costs on networks that are typical in the market. To facilitate wider adoption, Ultra's system places users' transactions in an intelligently placed order according to the priority level whenever the network is crowded. People who are the biggest stakers of UOS coins are moved ahead of the queue. Ultra claims that the system is efficient in the Testnet benchmarks, which allowed the network to expand to 12,000 TPS.
Ultra has successfully bridged the gap between gaming and blockchain, as well as being the first company that offers an alternative for second-hand games that are not available in the digital games market. This unique feature means gamers can sell their games online and also tap into other revenue streams.
In addition to accessing content, they would not be able to purchase at retail price, reselling games gain UOS coins.
In the end, UOS's expansion is due in large part to the company's aim of improving the current video game industry by using the potential that blockchain technology can bring. The potential of blockchain technology has been made more evident through Ultra's strategic alliances with AMD, a major semiconductor manufacturer, as well as Ubisoft the company that makes video games and its UOS's listings on UOS in cryptocurrency exchanges like KuCoin as well as Bithumb.
UOS Token: Price Analysis
Flashback: The Fundamental Analysis of UOS
According to CoinMarketCap, the current price of UOS at press time is $1.67. The coin's market capitalization has decreased by 4.32% in the past 24 hours. Moreover, the coin's intraday trading volume has decreased by 6.04% as well.
In the year, the coin price has increased by 1100% last year. However, taking the last few weeks into account, the coin price indicates a fall in momentum which bulls are trying to reignite.
Nonetheless, taking the lowest point of UOS coin price at $0.021 into consideration, the coin has increased by 7700%. Despite being 32.6% lower than the all-time high of $2.49.
The UOS coin price shows a bullish reversal with a double bottom pattern in the daily chart. The reversal comes after the rejection near $2.49 causing a downfall of 43%. The downfall found support near $1.35 that holds the double bottom pattern.
Moreover, the price action shows a retracement that retests the neckline of the double bottom pattern. This can mark a retest entry spot if the prices show lower price rejection.
The coin price is above the crucial EMAs- 50 and 100, while the 200-days EMA stands firm at $1. Moreover, the MACD indicator shows a bullish crossover of buyer's and seller's lines above the zero line. And, the RSI indicator shows the reversal of slope to the central line.
Let us now look at the future Ultra Price Prediction.
Ultra (UOS) Price Prediction 2021
Considering the technical analysis, the UOS coin price shows the breakout of the double bottom pattern in the daily chart. Therefore, the price jump to $1.75 is possible by the end of 2021.
Ultra (UOS) Price Prediction 2022
The post-breakout bull run may gain momentum in the first half of 2022 and reach the high of $2.5. Moreover, the latter half can show an uptrend above the all-time high to $3. Therefore, investing before 2022 or starting a SIP in 2022 can be highly profitable.
Ultra (UOS) Price Prediction 2023
The start of 2023 can promise good fortune for the long-term investors as the start of Monsoon can result in a bull run for Meta coins. The coin price can reach the heights of $5 and continue to close around this level in December.
Ultra (UOS) Price Prediction 2024
By 2024, Ultra shows possible retracement before the start of Summer. Therefore, the coin price may show a breakout of $7.5. However, the end of 2024 can see spectacular growth and break the barrier at $7.5 to reach $8.
Ultra (UOS) Price Prediction 2025
2025 can show similarity to the 2021 bull run and give unimaginable returns as the UOS community grows. Moreover, the possible collaboration with any Meta universe can grow the prices multiple folds. Therefore, the coin price may reach $12 by the end of 2025.
Ultra (UOS) Price Prediction: Market Sentiment
Below you will find the price analysis of UOS Coin by different media outlets.
Digital Coin Price
Digital Coin price predicts the upcoming years of the token's future will be bullish. The coins will be worth $3.5 by the end of 2024. A single token will have a potential value of $7 by 2028.
Gov Capital
The UOS price can cross the mark of $3 by the end of 2022 by the team of Gov Capital. Furthermore, it can show a rise to the $15.171 mark in the next five years.
Price Prediction
PricePrediction.com forecasts bullish growth for the UOS community, and the coin price will reach $4 by 2023. And, by the end of 2026, the coin price will hit $13.
Our Ultra (UOS) Price Prediction
Since it is a metaverse token that powers the Ultra network, UOS is subject to high volatility and big moves with every update in Facebook’s Meta that influences social pressure. For instance, the bull run in October with the announcement of META by Zuckerberg.
Furthermore, UOS has real-world utility with increasing use-cases of the metaverse. Moreover, the rising interests of unifying DeFi, NFTs, Meta, etc. can drive attention towards the Ultra network due to its speed.
As per our price prediction, the UOS coin will reach $3 by the end of 2022. And, by 2025, it can breach $12.
Conclusion
Ultra has undoubtedly given excellent returns in 2021. However, to be an achievement, it must deliver something of value to the market, gain acceptance among local communities and focus on the Meta area for growth and practical use cases.
For a UOS price prediction for 2025, the forecasting based on algorithms Gov Capital gives an optimistic UOS forecast. Per previous information, Gov Capital sees the price increase to $3 by 2022. And $15 by 2026.