$POWR $POWR All time high price was $2.0112
Power Ledger is an Australian-based company that has developed a blockchain-based platform to facilitate peer-to-peer energy trading. Their system enables consumers and producers to buy and sell surplus renewable energy directly with one another, promoting decentralized and sustainable energy markets. The platform operates on two blockchain layers and utilizes a dual-token system:
POWR Token: An ERC-20 utility token on the Ethereum network, used to access and participate in the Power Ledger ecosystem.
Sparkz Token: Electricity credits pegged to local fiat currencies, facilitating energy transactions within the platform.
Power Ledger conducted its Initial Coin Offering (ICO) in 2017, raising approximately $34 million AUD. During the ICO, 350 million POWR tokens were sold at $0.0838 each.
As of December 28, 2024, the current price of POWR is approximately $0.283 per token.
Looking ahead to 2030, various sources provide differing price predictions for POWR:
Changelly: Estimates that POWR will trade between $2.17 and $2.53 in 2030, with an average price around $2.24.
CoinLore: Predicts that POWR could potentially reach $5.00 by 2030, representing a significant increase from its current price.
AMBCrypto: Projects that POWR's price for 2030 should range between $0.47 and $0.70, with an average around $0.58.
DigitalCoinPrice: Forecasts that by the beginning of 2030, POWR could reach approximately $1.84.
It's important to note that cryptocurrency markets are highly volatile, and long-term price predictions should be approached with caution. Factors such as technological advancements, market adoption, regulatory developments, and broader economic conditions can significantly influence future prices. Potential investors should conduct thorough research and consider their risk tolerance before making investment decisions.
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