ASD Price Prediction 2023-2030

The ASD is currently at the #431 rank in the cryptocurrency market. It had an ATH of $3.2564 on Mar 27, 2021, while the current price is only $0.05455, down by 98.32% from its ATH. Has the ASD token lost its charm? Will ASD crypto recover in the future? Find out answers to all these and other relevant queries in our ASD price prediction and much more.

• Based on the ASD price prediction 2023, the ASD token is anticipated to reach $0.121 by the end of this year.
• The ASD crypto is expected to have minimum and maximum prices of around $0.137 and $0.198, respectively, as per our ASD price prediction 2025.
• As per our ASD Price Prediction 2030, the coin will have a maximum price of $0.675, while the minimum price may be around $0.469.

What is AscendEX?

AscendEX was formerly known as BitMax. It is a global cryptocurrency exchange, including spot, margin, and futures trading, with wallet support and staking support for over 200 blockchain projects. It was launched in 2018, and the platform has over a million retail and institutional clients. It offers high liquidity and, in general, is a good platform for secure custody solutions and investing in digital assets.

The project team involves George Cao and Ariel Ling, who are also founding members of the platform. It also includes other features such as cross-asset margin mode and free discounts for users who are willing to stake using its ASD token. This also gives a user some VIP fee discount level that is proportional to ASD positions held.

It also has instant unbonding, compound mode, and the ability of staked assets to be used as margin collateral. These features, combined with AscendEX’s early mover advantage in the crypto exchange, have made it one of the known platforms that do pretty well even without much news coverage, as per the data.

What is ASD Token?

The ASD token is a functional utility token native to its platform AscendEX. The token holders of ASD are eligible for benefits and services exclusively. The team finalized the implementation of the smart contract solutions for ASD back in October 2019. During that time, the total supply of ASD reduced from 1 Billion tokens to around 787.6 Million tokens.

Depending on the number of ASD consumed, an equal amount of AscendEX tokens is automatically converted to ASDs. Thus, the number of ASD displayed through the smart contract address continues to decrease with time. It is to be noted that ASDS cannot be traded or have any value, and it is simply a number used for display purposes only as of now. The conversion of ASD to ASDS is also irrevocable and cannot be converted back to ASD. Within the AscendEX ecosystem, ASD token holders are granted some rights.

ASD Technical Analysis

The cryptocurrency market is always attractive for some digital coins. Traders who are interested in knowing the future of altcoins may read more here. The ASD price for the past year has been in a downtrend like crazy. The ASD price has fallen dramatically, increasing the risk.

On March 27, 2021, the all-time high was $3.2564. Since then, the ASD price has lost all of that momentum, and the current price sits at $0.0544. At the end of 2021, in November, the token tried to begin the uptrend, but the token could not cross the $0.5979 mark. The current price is only a fraction of its highest price, and the ASD ROI at that time was upwards significantly.

Thus, it is advised to not invest in ASD tokens for the short term as it seems a little too risky. Until some new highs are formed, investors should wait and make a calculation about the average ASD price level where they are likely to enter a trade. On the other hand, traders can short the ASD tokens before the price rises and create new highs.

ASD Price Prediction: Expert’s Opinion

According to AscendEX token price forecast by Wallet Investor, your current investment has chances of being devalued for a long-term. The ASD price increase is not expected to rise for the year.
Wallet Investor

As per Digital Coin Price’s ASD forecast, the average price for the year 2023 is expected to be $0.11 price, while the average price for the year 2024 is predicted to be $0.13 price.
Digital Coin Price

ASD price forecast suggests that the assets may not be an excellent addition to your portfolio in the future. The price of ASD may not rise as per the data and technical analysis. The maximum price, minimum price, and average price by 2030 may reach $2.67, $2.27, and $2.33, respectively.
Price Prediction

As per TechNewsLeader’s ASD price prediction, the price can go as high as $0.11 in 1 year. Whereas the average price, minimum price, and maximum price for the year 2025 may be $0.175, $0.15, and $0.18, respectively, as per the ASD forecast.
TechNewsLeader

Based on CoinCodex’s ASD price forecast, the current sentiment is bearish, and the Fear & Greed Index intimates neutral sentiment. The maximum price are expected to be around $ 0.022699 by 2025.
CoinCodex

According to CoinArbitrageBot’s ASD price forecast, the price change will remain negative for the next 30 days. The maximum price for the year 2025 is predicted to be $0.20815, which is 285% more than the current price.
CoinArbitrageBot

ASD Price Prediction: 2023-2030

We have used historical data and data prediction algorithms in our forecast system to come up with the following ASD price predictions. Do note that these forecast prices do not indicate the future price value. Past performance is not indicative of future results, and investing should be done using sound principles that help generate good returns over a long period.

The following price predictions should not be interpreted as financial or investment advice. Consult a financial expert and understand the risks before investing in the crypto market. Let’s read more on ASD Price Prediction for the long term.

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