Autonio Price Prediction: Is NIOX worth a bet?
Autonio's NIOX has never managed to beat post-launch highs. Will this change in 2022?
Autonio, based in Dubai, boasts of an impressive array of features on its platform. It claims to offer “solutions that enhance DeFi liquidity and help traders harness the power of the crowd” .
Before we look at Autonio price predictions, here is a quick recap of the project.
Founded in 2018 by medical graduate and entrepreneur Ali Raheman, Autonio aims to provide investors with analysis and quantative data so that they can make better-informed decisions when it comes to buying and selling.
Smartdex, a smart decentralised exchange, is one of the main features of the platform. Another is NIOX Maker. In return for a subscription fee, users can take advantage of information which has been gathered on the exchange. From data points, complex calculations and algorithms, Autonio uses the exchange to mine information about trading activity and patterns.
The NIOX token is another key part of the ecosystem. With NIOX coins, users can gain access to main features on the platform. NIOX also functions as a governance token, enabling members of the decentralised autonomous organisation (DAO) to get involved in making decisions about the project. DAO members can also stake NIOX to earn rewards.
With plenty of features and lots of ambitious projects in the pipeline, the Autonio price prediction ought to look rosy, but is it? What is the Autonio coin price prediction for 2025? Or even the Autonio price prediction for 2030?
Let’s take a quick look at how NIOX has performed historically: no guide to future performance, of course, but it puts the present in context.
NIOX past performance
Immediately after its launch, the NIOX coin surged in price. From $0.03932 on 14 December 2017, it rose to $0.7786 in January 2018. The price then fell dramatically, hitting $0.03687 in4 April 2018. NIOX stayed low for subsequent years, hitting record lows of around $0.00132 on 15 May 2020. In 2021, however, the fortunes for the coin looked up as NIOX was swept up in the bullish rally which saw many cryptos go up. On 1 April 2021, NIOX hit $0.4646 before dropping again subsequently to $0.08584 on 23 May 2021.
Overall, NIOX doubled during 2021. The price for the coin in mid-December was $0.06621.
With a total supply of 315 million NIOX coins and a current circulating supply of 89 million, that made the market cap for Autonio $5.89m (£4.43m).
With these facts in mind, let’s look at what the experts think.
Autonio crypto price prediction
It’s important when looking at predictions to remember that while they can be helpful as an indicator of which direction the price may move, they should be viewed as possibilities rather than absolutes. This is especially the case when looking at long-term forecasts, as these can sometimes be completely off the mark. This is because of the inherent volatility of the crypto market but also the many unknowns which could impact future prices.
DigitalCoinPrice is conservative in its NIOX price prediction for 2022: it thinks that NIOX could be worth $0.1166, before increasing to $0.1398 in 2023. The website’s NIOX price prediction for 2025 stands at $0.2167.
WalletInvestor believes Autonio should go to $0.122 in a year’s time and $0.3039 in five years.
Gov.capital, in a very optimistic forecast, estimates in its NIOX price prediction for 2022 that the coin will be around $0.477. In an arguably outlandish forecast, the site predicts that NIOX could be at $3.781 in five years’ time.
Is Autonio a good investment?
It may be. The ecoystem has interesting projects in the pipeline and has developed a range of impressive partnerships.
Saying this, remember that the crypto market is highly volatile and the price of all tokens and coins can go down as well as up. NIOX has experienced a lot of volatility this year, which is important to keep in mind.
Will NIOX go up?
Several analysts predict that the coin will go up.
However, it is worth remembering that forecasts, especially long-term ones, are better viewed as indicators rather than absolutes.
Should I invest in Autonio?
Investing is a highly personal endeavour. Do your own research and try to keep up-to-date with any developments within the NIOX ecosystem that could boost its future prospects.
Remember, investing can be risky, and it is important never to invest more money than you can afford to lose.