Story Highlights
- The live price of the SRM token is $ 0.02994267
- Serum coin price may reach a high of $0.106 by the end of 2024.
- SRM, with a potential surge, could reach a maximum of $0.74 by the end of 2030.
Based on the Solana blockchain, Serum, a decentralized exchange, struggles to come back after the 2022 LUNA incident. While the de-pegging from the UST stablecoin crashed the LUNA, followed by the entire crypto market, the bulls are back in 2024.
Will the returning bulls propel the SRM price back to its pre-LUNA incident levels? Are you interested in the future of SRM price? Look no further, as this article will answer all of your questions. Let’s dive into the Serum coin Price Prediction for 2024 and the years to come!
Table of contents
Overview
Cryptocurrency | Serum |
Token | SRM |
Price | $ 0.02994267
-0.56% |
Market cap | $ 7,882,248.3148 |
Circulating Supply | 263,244,669.0000 |
Trading Volume | $ 865,393.8634 |
All-time high | $13.72 on 11th September 2021 |
All-time low | $0.0292 on 20th October 2023 |
24 High | $ 0.0000 |
24 Low | $ 0.0000 |
*The statistics are from press time.
Serum Price Prediction September 2024
In the daily chart, the SRM price action shows a diagonally bearish trend in action with a consolidation above $0.028 mark. With the increased volatility and price range, the daily candles showcase long tails and wicks under the bearish influence of the 50D EMA.
If the downtrend in the SRM price continues, the SRM price can drop to the $0.020 support level in September. However, the 50D EMA breakout will result in a price jump to the $0.035 mark.
Month | Potential Low ($) | Average Price ($) | Potential High ($) |
September | 0.020 | 0.0275 | 0.035 |
SRM Price Prediction 2024
Solana is significantly cheaper and faster. Serum benefits in speed, cheaper prices, and a consumer experience akin to centralized exchanges through the integration of Solana while being non-custodial and reliable. This will continuously improve Serum’s ETH compatibility which might land its price at $0.106.
In contrast, if SRM fails to meet its commitments, its value could plummet to as low as $0.040. If restrained by a constant positive momentum, the average price might claim a title of $0.078.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.040 | 0.078 | 0.106 |
Serum (SRM) Price Prediction 2025
With a focus on solving issues in the CeFi and DeFi, Serum takes a move forward against insufficient capital management and liquidity fragmentation. As a real-world problem solver, the uptrend can shoot the SRM price up to $0.18.
Conversely, the value might drop to $0.095, with an average price of $0.137.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 0.095 | 0.137 | 0.18 |
Serum Price Prediction 2026 – 2030
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 0.13 | 0.20 | 0.27 |
2027 | 0.18 | 0.27 | 0.36 |
2028 | 0.25 | 0.36 | 0.47 |
2029 | 0.33 | 0.46 | 0.60 |
2030 | 0.42 | 0.58 | 0.74 |
SRM Price Prediction 2026
According to our analysts, SRM coin price prediction for the year 2026 could range between $0.13 to $0.27 and the average price of Serum could be around $0.20.
Serum Price Prediction 2027
According to our analysts, the Serum price for the year 2027 could range between $0.18 to $0.36 and the average price of SRM could be around $40.27.
SRM Price Prediction 2028
According to our analysts, SRM crypto prediction for the year 2028 could range between $0.25 to $0.47 and the average Serum coin price could be around $0.36.
SRM Coin Price Prediction 2029
According to our analysts, Serum’s forecast for the year 2029 could range between $0.33 to $0.60 and the average SRM coin price could be around $0.46.
Serum Price Prediction 2030
According to our analysts, SRM predictions for the year 2030 could range between $10.42 to $0.74 and the average Serum price could be around $0.58.
What Does The Market Say?
Firm Name | 2024 | 2025 |
Trading Beasts | 0.51 | 0.59 |
DigitalCoinPrice | 057 | 0.70 |
PricePrediction.net | 0.44 | 0.65 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Serum Price Prediction
Serum is currently in its third stage of deployment, with modifications to combat the centralized exchange all scheduled. The borrowing and lending capability would be the next item on its agenda. Thanks to these mechanics, the community will be encouraged to contribute liquidity to the pool. That being said, its price could peak at $0.106 by the end of 2024.
The value may turn into a bearish loop and fall to $0.040 if the network fails to carry out its strategy. Taking into account the pressure of daily trade as well as the aforementioned elements. By the conclusion of 2024, the average cost could be at $0.078.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.040 | 0.078 | 0.106 |
Fundamental Analysis
The Serum Foundation created Serum, a blockchain platform and permissionless DEX based on Solana. Sam Bankman Fried, the CEO of the FTX exchange and a key player in the Solana industry was a co-founder of the initiative.
Serum intends to enhance the position of DEXes by providing all the advantages of a centralized exchange to the DeFi environment. While the majority of Serum’s features are seen as being immutable, SRM governance decisions can change some characteristics, such as potential costs. The SRM coins are purchased and burned using the total costs.
SRM has two uses: it could be staked and used to pay fees. Owners of SRM receive a credit on all transaction charges of up to 50% as an outcome. Additionally, 90% of all SRM coins are designed for continuous storage or lock-up. This will guarantee that the main crew will be here for the long haul.
What Is Serum (SRM)?
Serum is a decentralized exchange (DEX) that offers fast transaction processing and low transaction costs for decentralized finance (DeFi). The System is the first and only on-chain central limit order book and matching engine-based elevated DEX.
Serum’s on-chain order book may be used by partner companies to transfer liquidity and power their trading features for retail and corporate clients. In short the token grants, its owners access to protocol administration, staking rewards, trading fee exemptions, and transaction fees.
The product aims to offer centralized cryptocurrency exchanges’ velocity and simplicity to the DeFi sector while maintaining visibility and trust. Based on the powerful Solana blockchain and its ability to communicate with the Ethereum network, it is completely permissionless.
Historical Price Sentiments 2020 – 2021
- The SRM currency was launched on the 11th of August 2020 with a base price of roughly $1.57 and a trading volume of just over $241 million. By the start of September 2020, the coin’s value had tripled, attracting a lot more traders to this platform.
- With a trading volume of approximately $40 Million, the coin ended 2020 in a red zone as prices dropped to $1.09.
- The Serum coin reached a record high of $6.92 on February 24, 2021. In the final hours of March 2021, prices fell once again to $4.05, along with a sharp decline in the coin’s trading volume.
- The SRM coin saw a trading volume of much more than $600 million and prices as high as $11.74 around May.
- By 20th August 2021, the token had once again surged in price, with a value of $7.87. On September 13th, the coin reached its ATH, with a value of $12.52.
- Following the ATH, the Serum token witnessed a sharp decline to $3.36 on the 21st of December 2021.
FAQs
For the Long-term, serum can be a wise investment. Investors must still watch for ups and downs, though, as price projections are speculative.
According to our SRM price prediction, the digital asset could surge as high as $0.106 by the end of 2024.
The maximum supply of Serum tokens counts at 10,161,000,000, of which presently, 263,244,669.00 SRM are in circulation.
The altcoin’s price might surge as high as $0.18 by the annual trade closure of 2025. With a potential surge, the price may go as high as $0.74 by the end of 2030.
The digital asset is available for trade across prominent cryptocurrency exchange platforms such as Binance, OKX, and Bybit amongst others.
At the time of writing, the price of 1 SRM token was $0.04112.
SRM
OKX
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed