BitDAO is the 45th largest cryptocurrency by market cap, commanding a $ 786.30M capitalization. Since it first started trading in 2021, the price of BIT, the native cryptocurrency of the BitDAO network, decreased by -73.59%.
In this article, we are going to examine BitDAO price predictions for 2023, 2024, 2025, and 2030 and try to determine whether BitDAO can reach $ 10.00.
BitDAO price prediction key takeaways
BitDAO price prediction 2023
According to our BitDAO price prediction for 2023, BIT is expected to trade between $ 0.370898 and $ 0.621093, with an average price of $ 0.465324. At the end of the year, BIT is expected to trade at $ 0.621093.
BitDAO price prediction 2024
BitDAO is forecasted to reach a high of $ 0.981701 next year, with an average BIT price of $ 0.624632. On the low end, BitDAO is expected to bottom out at $ 0.370898 in 2024. By the end of the year, we could see BitDAO change hands at $ 0.898577.
BitDAO price prediction 2025
In 2025, BitDAO could see a peak price of $ 3.35 and a low of $ 0.830787. The average BitDAO price prediction for 2025 is $ 1.99. By year’s end, BIT is expected to trade at $ 1.49.
BitDAO price prediction 2030
On a longer time scale, our BitDAO price forecast for 2030 projects BIT to reach a maximum price of $ 3.05. Conversely, BIT could trade as low as $ 2.41 during the year, whereas the average BitDAO price is predicted to move around $ 2.67. By the end of 2030, BitDAO is predicted to trade at $ 3.04.
BitDAO (BIT) overview
| Cryptocurrency | BitDAO |
|---|---|
| Ticker | BIT |
| Market Cap | $ 786.30M |
| 24H Trading Volume | $ 33,273 |
| Circulating Supply | 1.84B |
| Total Supply | 10.00B |
| 7-Day Price Change | -3.99% |
| 1-Month Price Change | -25.4% |
| 1-Year Change | -9.46% |
| BitDAO ROI | -73.59% |
| All-Time High | $ 3.08 |
| All-Time Low | $ 0.269991 |
With a circulating supply of 1.84B BIT, the BitDAO cryptocurrency project commands a market cap of $ 786.30M, good for the 45th spot in the crypto market.
In the last 24 hours, $ 33,273 worth of BIT changed hands across 8 crypto exchanges, with Kraken accounting for the largest share of BIT trading volume.
BitDAO price history
The price of BitDAO has been trending in the positive direction in the past 24 hours, increasing by 2.42% to $ 0.426487. In the past week, BitDAO’s price lost -3.99%.
In addition, BitDAO lost -25.4% in the past month, having traded in the green zone in 14 of the last 30 days.
On a longer time horizon, Cardano saw negative price activity in the last 3 months, underscored by the -25.4% move to the bottom. Meanwhile, the price of BIT decreased by -9.46% in the past year. Overall, BitDAO is trading down -73.59% since it first started trading in 2021.
BitDAO technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding BitDAO is currently bearish, with high volatility score of 8.37% (volatility is a measure of an asset’s price fluctuations).
BitDAO is changing hands above the 200-day simple moving average (SMA), a common bearish signal. Also, the price of BIT is currently above the 50-day SMA, which is widely regarded as a bearish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 37 (Fear). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 30.30, indicating that BIT is changing hands in undervalued zone. Overall, there are 13 technical analysis indicators that indicate bullish market activity, and 18 that forecast bearish activity for BitDAO.
BitDAO price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 0.370898 | $ 0.465324 | $ 0.621093 |
| 2024 | $ 0.370898 | $ 0.624632 | $ 0.981701 |
| 2025 | $ 0.830787 | $ 1.99 | $ 3.35 |
| 2026 | $ 0.924257 | $ 1.15 | $ 1.53 |
| 2027 | $ 0.970030 | $ 1.47 | $ 2.41 |
| 2028 | $ 2.10 | $ 2.16 | $ 2.37 |
| 2029 | $ 2.26 | $ 2.94 | $ 4.26 |
| 2030 | $ 2.41 | $ 2.67 | $ 3.05 |
According to our long-term BitDAO prediction, the cryptocurrency is expected to reach a high point of $ 4.26 at some point in February 2029. On the other end of the spectrum, BitDAO could bottom out at $ 0.370898 in September 2023. Per the prediction, BitDAO will have the highest average price of $ 2.94 in 2029.
With a brief overview of BitDAO price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for BIT.
BitDAO price prediction 2023
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| September | $ 0.370898 | $ 0.424918 | $ 0.473209 |
| October | $ 0.388233 | $ 0.442959 | $ 0.476475 |
| November | $ 0.419590 | $ 0.472358 | $ 0.500575 |
| December | $ 0.475295 | $ 0.532768 | $ 0.621093 |
This year, BitDAO is expected to trade in a price range between $ 0.370898 and $ 0.621093, with the average price of $ 0.465324 per BIT coin. The price of BIT is expected to increase by 45.63% by the end of the year.
BitDAO price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| September | $ 0.370898 | $ 0.423101 | $ 0.469463 |
| October | $ 0.388233 | $ 0.439659 | $ 0.475674 |
| November | $ 0.419590 | $ 0.461056 | $ 0.500575 |
| November | $ 0.468788 | $ 0.511966 | $ 0.550892 |
| December | $ 0.533421 | $ 0.682643 | $ 0.981701 |
| January | $ 0.576226 | $ 0.714234 | $ 0.847615 |
| March | $ 0.657896 | $ 0.729291 | $ 0.810993 |
| April | $ 0.570567 | $ 0.657345 | $ 0.778228 |
| April | $ 0.538463 | $ 0.644515 | $ 0.720451 |
| May | $ 0.611804 | $ 0.700904 | $ 0.801963 |
| July | $ 0.642816 | $ 0.736401 | $ 0.815888 |
| August | $ 0.646200 | $ 0.787029 | $ 0.919067 |
In 2024, BitDAO is forecasted to trade in a price channel between $ 0.370898 and $ 0.981701. On average, BIT is expected to change hands at $ 0.624632 during the year. The most bullish month per BIT could be January, when the currency could trade 130.18% higher than today.
BitDAO price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| August | $ 0.830787 | $ 1.35 | $ 2.35 |
| October | $ 1.96 | $ 2.76 | $ 3.35 |
| October | $ 2.04 | $ 2.48 | $ 2.90 |
| December | $ 2.13 | $ 2.52 | $ 2.71 |
| January | $ 1.74 | $ 2.02 | $ 2.18 |
| February | $ 1.55 | $ 1.81 | $ 2.09 |
| February | $ 1.48 | $ 1.62 | $ 1.75 |
| March | $ 1.54 | $ 1.72 | $ 2.09 |
| May | $ 1.92 | $ 2.03 | $ 2.14 |
| June | $ 1.98 | $ 2.05 | $ 2.12 |
| July | $ 1.65 | $ 1.87 | $ 1.97 |
| August | $ 1.49 | $ 1.68 | $ 1.76 |
Generally speaking, BitDAO price prediction for 2025 is bullish. The BIT cryptocurrency is forecasted to hit a high point of $ 3.35 in October and reach a low of $ 0.830787 in August. Overall, BitDAO is expected to trade at an average price of $ 1.99 in 2025.
BitDAO price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| September | $ 2.73 | $ 2.78 | $ 2.81 |
| September | $ 2.76 | $ 2.88 | $ 2.99 |
| October | $ 2.75 | $ 2.80 | $ 2.88 |
| November | $ 2.76 | $ 2.79 | $ 2.81 |
| January | $ 2.76 | $ 2.78 | $ 2.80 |
| February | $ 2.43 | $ 2.60 | $ 2.79 |
| March | $ 2.41 | $ 2.46 | $ 2.51 |
| April | $ 2.43 | $ 2.46 | $ 2.50 |
| April | $ 2.43 | $ 2.46 | $ 2.50 |
| May | $ 2.47 | $ 2.49 | $ 2.52 |
| June | $ 2.57 | $ 2.64 | $ 2.68 |
| July | $ 2.65 | $ 2.86 | $ 3.05 |
In the long term, BitDAO could reach a price of $ 3.05 in August. That’s a rather optimistic scenario, as BIT could trade as low as $ 2.41 in March. Overall, BIT’s price is projected to hover at around $ 2.67 in 2030, about 525.45% above the current price of $ 0.426487.
BitDAO price prediction FAQs
According to InvestMage’s prediction, BitDAO could gain as much as 899.94% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see BitDAO either surpass or not reach the price targets outlined in this article.
BitDAO would need to gain 2,344.74% to reach $ 10.00. According to our prediction, BitDAO could hit $ 10.00 in September 2040.
In 2023, BitDAO is predicted to trade in a price range between $ 0.621093 and $ 0.370898, with the average price being $ 0.465324. The average price is about 9.11% higher than BitDAO’s current price.
BitDAO is projected to trade in a price range between $ 0.981701 and $ 0.370898, with the average price of $ 0.624632 throughout the year. The price of BitDAO is expected to increase by 46.46% in 2024 (compared to BitDAO’s current price).
BitDAO is forecasted to change hands in a price channel bound by $ 3.35 on the high end and $ 0.830787 on the low end. BitDAO is expected to have an average price of $ 0.624632 in 2025, which is about 367.19% higher than BitDAO’s current price of $ 0.426487.
The BitDAO price algorithm predicts that BIT will move between $ 3.05 and $ 2.41 in 2030, with the average price being $ 2.67, about 525.45% higher compared to BIT’s current price.
According to the InvestMage predictions, BitDAO is expected to go up in value by 46.46% by next year. In 2024, the BIT cryptocurrency could trade up 367.19% compared to today. By 2030, BitDAO’s price is expected to increase by 525.45%, and reach $ 2.67.
The price of BitDAO is algorithmically predicted using historical market price data for BIT and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
