Key takeaways:
- Our Serum price prediction anticipates a high of $0.0399 by the end of 2024.
- In 2025, it will range between $0.0534 and $0.0622, with an average price of $0.0548.
- In 2030, it will range between $0.3671 and $0.4416, with an average price of $0.3801.
While the Serum decentralized exchange went defunct, its native token remains on the Solana blockchain and is listed on Bybit, Kraken, Gate.io, MEXC, and HTX exchanges.
For the uninitiated, the Serum DEX became defunct after its backers, Alameda Research and the FTX exchange, collapsed in November 2022. The platforms, social media platforms, and website have since gone silent.
Overview
| Cryptocurrency | Serum |
| Ticker | SRM |
| Current price | $0.03069 |
| Market cap | $18,562,024 |
| Trading volume | $790,683 |
| Circulating supply | $263,244,669 |
| All-time high | $13.72 on Sep 11, 2021 |
| All-time low | $0.02639 on Jul 5, 2024 |
| 24-hour high | $0.03119 |
| 24-hour low | $0.03023 |
Serum price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day variation) | 4.34% |
| 50-day SMA | $0.032 |
| 200-day SMA | $0.045 |
| Sentiment | Bearish |
| Fear and greed index | 26 (Fear) |
| Green days | 14/30 (47%) |
Serum price analysis SRM gears for bullish breakout
As of the time of writing (August 21), SRM’s price had risen by 1.68% over the past 24 hours, trading at approximately $0.0309. The cryptocurrency had a market capitalization of $8 million and a trading volume of $790,532. It’s trading volume had droped by 3.43%.
SRM/USD chart price analysis
Investors remain unfazed by Serum’s exchange demise and continue to trade the coin, with some lacing their hopes 0f over 2X gains as seen earlier in the year. At current levels, SRM trades at its lowest level since inception.
The attached Tradingview chart shows that Serum has been consolidating within a narrow range over the past two months, suggesting bullish catalysts may nullify sell-off attempts.
Bears managed to drive the price below the $0.04 psychological support level over the period. Still, SRM bulls have established a strong buy-wall, preventing another bearish break-out. This consolidation and stability around $0.03 could indicate the potential for an incoming breakout.
SRM technical analysis: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 0.03128 | SELL |
| SMA 5 | 0.03131 | SELL |
| SMA 10 | 0.03163 | SELL |
| SMA 21 | 0.03195 | SELL |
| SMA 50 | 0.03201 | SELL |
| SMA 100 | 0.03536 | SELL |
| SMA 200 | 0.04518 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 0.03154 | SELL |
| EMA 5 | 0.03174 | SELL |
| EMA 10 | 0.03191 | SELL |
| EMA 21 | 0.03198 | SELL |
| EMA 50 | 0.03293 | SELL |
| EMA 100 | 0.03643 | SELL |
| EMA 200 | 0.04558 | SELL |
What to expect from SRM price analysis next
The combination of technical indicators and chart analysis suggests that Serum is bearish but is currently gearing up for a breakout beyond support and resistance.
Moreover, the William Alligator trendlines, which measure volatility, are tightening, indicating reduced price movement. This often precedes a significant breakout.
Is SRM a good investment?
SRM has so far performed poorly as it continues to register lower lows and lower highs, however looking at its history, it still holds the potential to double its value, especially when the general market sentiment is bullish.
Why is SRM down?
SRM is trading at its lowest this year; the drop in SRM value could be attributed to the collapse of the Serum exchange.
Will SRM recover?
Serum holds the potential for a bull run in the right market conditions.
Will SRM reach $0.05?
According to the Cryptopolitan price prediction, SRM will cross the $0.05 mark in 2025.
Will SRM reach $0.1?
According to the Cryptopolitan price prediction, SRM will reach $0.1 in 2027, with a maximum price of $0.1376 for the year.
Will SRM reach $1?
It remains highly unlikely that SRM will cross the $1 mark before 2030.
Does Serum have a good long-term future?
According to Cryptopolitan price predictions, SRM will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
Recent news
A quick fundamental analysis shows that the Serum exchange page is inactive, with all prior posts deleted. The exchange leads to a 404 error; however, the platform’s Telegram, Github and medium pages are accessible.
SRM price prediction August 2024
For August, SRM will trade between $0.030 and $0.039, with an average price of $0.0307.
| Month | Potential low ($) | Potential average ($) | Potential high ($) |
| August | 0.0300 | 0.03073 | 0.0390 |
SRM price prediction 2024
As the second half of 2024 unfolds, we anticipate it will trade between $0.03 and $0.0399, with an average price of $0.0367.
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2024 | $0.0300 | $0.0367 | $0.0399 |
Serum price predictions 2025-2030
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2025 | $0.0534 | $0.0548 | $0.0622 |
| 2026 | $0.0785 | $0.0812 | $0.0915 |
| 2027 | $0.1117 | $0.1158 | $0.1376 |
| 2028 | $0.1702 | $0.1749 | $0.1995 |
| 2029 | $0.2503 | $0.2590 | $0.2900 |
| 2030 | $0.3671 | $0.3801 | $0.4416 |
Serum price prediction 2025
The Serum price prediction for 2025 is a high of $0.0622. It will reach a minimum price of $0.0534 and an average price of $0.0548.
Serum SRM price prediction 2026
The Serum price forecast shows it will range between $0.0785 and $0.0915, with an average price of $0.0812.
Serum crypto price prediction 2027
Serum price prediction climbs even higher into 2027. According to the predictions, it will range between $0.1117 and $0.1376, with an average price of $0.1158.
Serum price prediction 2028
Our Serum price prediction indicates a further acceleration in the price. It will trade between $0.1702 and $0.1995 and have an average of $0.1749.
Serum price prediction 2029
According to the SRM coin price prediction for 2029, the price of SRM will range from a minimum price of $0.2503 to a maximum price of $0.2900. The average price will be $0.2590.
SRM price prediction 2030
According to the Serum price prediction for 2030, SRM price will range from $0.3671 to $0.4416, with an average price of $0.3801.
Serum market price prediction: Analysts SRM price forecast
| Firm | 2024 | 2025 | 2026 |
| Digitalcoinprice | $0.0616 | $0.0753 | $0.10 |
| Swapspace | $0.02780 | 0.02080 | 0.01537 |
| Gate.io | $0.03073 | $0.03656 | $0.04004 |
Cryptopolitan’s SRM price prediction
Our predictions show that Serum will achieve a high level of $0.0399 in 2024. In 2025, it will range between $0.0534 and $0.0622, with an average price of $0.0548. In 2030, it will range between $0.3671 and $0.4416, with an average of $0.3801. Note the predictions are not investment advice. Seek independent consultation or do your research.
Serum historic price sentiment
- SRM started trading on August 11, 2020, with an opening price of $0.1101.
- Few days later, SRM went on a bullish run and reached $3.78 on September 1, 2020. The uptrend reversed during the month, and by the end of October 2020, SRM had bottomed at $0.974.
- SRM closed the year at $1.04, with a market cap of $52,001,293.
- In the 2021 bull market, SRM exceeded its previous high and attained a new high of $4.42.
- The bullish run continued for the next few months, and by May 03, 2021, SRM’s price had gained over 190% to reach $12.89.
- The bears soon took over, but the token regained momentum to attain its all-time high at $13.72 on September 11.
- SRM ended 2021 with a significant price drop of over 73% after a massive selling spree.
- The token started in 2022 at $3.42, with its price ranging between $2 to $4.
- In 2022, SRM assumed a bear run, falling from $3 in January to $0.15 in December.
- The run continued into 2023, falling to as low as $0.03.
- It began recovering in November, reaching a high of $0.099 in December.
- In 2024, it peaked at $0.086, after which it began trading and currency trades at $0.03.
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