SuperFarm price prediction: Will the NFT platform blossom?

Can SuperFarm ride a new NFT boom with its launchpad and staking platform?

Cartoon image of person in front of charts with SuperFarm logo – Photo: Shutterstock                                 
SuperFarm’s features are not yet fully operational – Photo: Shutterstock
                                

Contents

“NFTs thrive here,” boasts the homepage of SuperFarm, the NFT ecosystem that is home to a number of popular collections, including Apes R’ Us, Lunartics Animated Series and ‘Rave Pigs’.

SuperFarm currently provides a launchpad for NFT drops and the NFT Farms staking platform, which has more than $100m in total value locked (TVL).

According to SuperFarm’s roadmap, the platform intends to make NFT gamification, NFT rentals and loans, and a decentralised voting system available upon full release, although a specific timeframe has not been established.

Underpinning the SuperFarm NFT platform is the ERC20 SUPER token, which is used for fees, staking and future governance matters.

What can we make of the SuperFarm price prediction for 2022 and beyond? Join us as we look into the recent price action and SUPER coin price prediction estimates from the digital forecasters. In terms of investment potential, what is SuperFarm (SUPER) looking like in the years ahead? Let’s find out.

SUPER token details

SUPER has a circulating supply just shy of 404 million, out of a maximum supply of one billion (40%). The token is priced at $0.1786 at the time of writing on 22 July 2022, so that the market capitalisation stands at $72m. SUPER saw some large trading volumes recently, including a 24-hour high of $65, or 89% of market cap, prompting a price rally.

Binance, Gate.io and Coinbase are the primary centralised exchanges for SUPER tokens, while Uniswap provides the largest liquidity pool in the decentralised exchange space.

At the time of writing, the total number of addresses holding SUPER was 23,952, while the 10 largest wallets held 81.68% of supply.

After a strategic investment round raising $1.2m, SUPER was launched publicly through an initial DEX offering (IDO) on 22 February 2021 via Polkastarter. The first NFT drop followed on 15 February.

The EllioTrades CryptoPunk Collection, which was named after co-founder and CEO Elliot Wainman, was quick to sell out, and is now available for purchase on OpenSea.

Latest price action

The crypto winter put SUPER in a long-term downtrend from its six-month high of $2.18 in November 2021. SUPER did climb from a $0.55 low on 24 January to a short run above $0.90 in February. However, a difficult second quarter this year resulted in a new all-time low being struck on 18 June, when it traded at $0.109554. 

As of 22 July and at the time of writing, the token is currently worth $0.1786, up nearly 40% in a recent 24-hour trading window.

Forecaster predictions

In a long-term estimate, PricePrediction’s SuperFarm price prediction for 2030 averages $4.27, which would provide today’s investors with a 38-times return. The SuperFarm price prediction for the remainder of 2022 is around the $0.20 mark.

The forecasters at TechNewsLeader have a SuperFarm price prediction for 2025 of $0.73, representing 4-times returns against the latest trading value. The price target for 2022 is largely in line with PricePrediction, at $0.25.

At WalletInvestor, the forecasters have a negative SuperFarm crypto price prediction, estimating a drop to $0.007 over 12 months.

The 2023 SuperFarm price prediction at DigitalCoinPrice currently stands at $0.27, suggesting modest returns of 50%. That figure remains at $0.27 in 2024, but shows stronger growth to $0.34 in 2025. Of the 26 metrics used for the SUPER coin price prediction, seven suggest a selling strategy, seven to buy, and 12 propose a neutral strategy.

Do keep in mind that digital forecasters use automated processes for their SuperFarm price predictions. Always conduct your own due diligence first. Keep in mind that this article provides you with neutral information and should not be taken as investment advice.

FAQs

How many SuperFarm coins are there?

There are currently just shy of 404 million SUPER in circulation out of a maximum supply of one billion.

Is SuperFarm a good investment?

Currency.com recommends researching the project, including the white papers, social media platforms and website before placing an investment. NFTs might be experiencing a boom, but investors also risk sustaining considerable losses.

Will SuperFarm go up?

The forecasters have mixed opinions, with some predicting losses and other predicting gains. Always invest with caution.

Should I invest in SuperFarm?

That is totally down to you. This article is purely for educational purposes. Your investment choices should be backed up by proper due diligence. Remember to never invest with more than you can afford to lose. 

Further reading

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
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