Power Ledger (POWR) Price Prediction- 2023, 2025, 2030

Power Ledger (POWR) Overview

Power Ledger (POWR) Introduction

In this Power Ledger price prediction, we’ve summarized all you need to know about the price of Power Ledger, from the future price to maximum price, POWR price today, average forecast price, minimum price, market cap, average trading price, and beyond. We also consider whether Power Ledger is likely to be a good investment for the future. Keep on reading to learn more from our updated Power Ledger price forecast!

What Is Power Ledger (POWR)?

Power Ledger is a blockchain-based platform that aims to revolutionize the global energy industry. The platform employs blockchain technology to eliminate the need for a middleman, allowing local areas to distribute solar power in a hassle-free manner. 

The platform is significantly reforming traditional energy distribution systems by empowering local communities to sell their excess electricity without interference from major players in the power industry. 

The idea behind Power Ledger is to tackle several key issues with the current energy market. For example, Power Ledger provides a system where customers can choose their preferred source of electricity, strengthening their importance in energy management systems and tackling ever-rising grid supply costs. 

The current energy market is arguably unsuited to meet contemporary demands, and Power Ledger plans to provide an alternative. It is one of the key standout projects helping to introduce automation, transparency, and convenience into the energy industry. Power Ledger also provides a solution to the sky-high energy prices by promoting individual energy production and eliminating powerful intermediaries. The platform gives communities access to electricity that is renewable, greener, reliable, and significantly cheaper. 

Power Ledger Project History

The Power Ledger team comprises industry professionals with extensive backgrounds in blockchain technology, engineering, and finance. It was founded by David Martin and John Bulich and launched in 2016, with one of the most successful initial coin offerings in the history of Australian startups. Since then, the platform has been embraced globally, having been adopted in New Zealand, Thailand, Europe, and other countries. 

The team’s primary advisor is renowned venture capitalist Dr. Bill Tai, with Dr. Jemma Green heading the technologies and planning of the project. 

What Is POWR Token?

The POWR token is an Ethereum token powering the Power Ledger network. The platform’s ecosystem operates on interactions between its two tokens and layers with the help of Ethereum-based smart contracts. 

Put simply, the platform’s transactive layer enables communication with the power grid through devices called “smart meters.” Smart meters are electronic systems that record energy consumption levels and share this information with energy producers to generate bills. The power generators on the platform are responsible for maintaining distribution infrastructure and power supply. All entities running the Power Ledger platform, such as producers, retailers, or property managers, form a group of application “hosts.” 

Both the hosts and users on the platform gain access by holding a specific number of POWR tokens, which act as the fuel or utility tokens on the platform. The POWR tokens also perform several other functions on the platform. For example, they facilitate access to the platform, as hosts must escrow a sufficient number of tokens to use it. The greater the number of POWR tokens escrowed, the higher the demand for the tokens. Or the greater the number of application hosts, the higher the value of the POWR tokens. 

POWR tokens also serve as loyalty rewards for network participants. Energy producers and consumers on Power Ledger receive POWR tokens as part of the Green Energy Loyalty Rewards program. 

Power Ledger (POWR) Fundamental Analysis 

While Power Ledger is shifting things around in the energy industry, it also offers many benefits to local consumers. Below, we’ve highlighted some of the best features of the Power Ledger ecosystem. 

Cleaner Power 

With the world collectively prioritizing green living and sustainability, greener blockchains are becoming increasingly popular. With time, it is very likely that PoW using blockchains will lose usage and popularity even more. 

Power Ledger serves as the ideal alternative for green-conscious consumers and organizations. It enables people to purchase and sell renewable energy, taking away power from environmentally damaging electricity-producing systems. 

Increased Choice & Flexibility 

Power Ledger continues to build a system allowing users to stay on top of the energy flow, granting users greater choice over the energy they consume on a daily basis. Furthermore, it facilitates P2P trading and allows them to access DER owners to monetize their assets. 

Power Ledger (POWR) Technical Analysis 

If Power Ledger’s use case and popularity blow up more on a global scale, a POWR price increase will likely happen soon. While an exact Power Ledger price prediction is not possible, experts have estimated that Power Ledger could be a profitable investment in the long term.

Power Ledger (POWR) Current Price

Power Ledger is currently worth $0.297722 USD. POWR has moved -1.30% in the last 24 hours with a trading volume of $8,879,109. Power Ledger is currently ranked 339 amongst all cryptocurrencies with a market capitalization of $152,545,479 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Power Ledger (POWR) to decide wether it is going to have a bullish or bearish year.

Power Ledger (POWR) Price Prediction 

Our Power Ledger price predictions are formulated on detailed technical analysis. We employ real-time Power Ledger market data to update our website with a dynamic Power Ledger price forecast.

Curious about the Power Ledger’s price? Have a look at our Power Ledger price prediction below.

Our price prediction forecasts use real-time Power Ledger (POWR) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Power Ledger (POWR) Price Prediction 2023

Power Ledger, according to some, is one of the most amazing cryptocurrencies to rise this year (POWR). The POWR price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.446583.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.416811 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. POWR is expected to have a minimum value of $0.357267.

Power Ledger (POWR) Price Prediction 2024

In 2024, Power Ledger POWR price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of POWR will soon surpass $0.744306. However, we should wait to see if the POWR’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, POWR will trade with a minimum trading price of $0.595445 and an average trading price of $0.654989.

Power Ledger (POWR) Price Prediction 2025

If the upward trend continues until 2025, it could reach $1.04 and POWR may profit. If the market experiences a decline, the goal may not be met. POWR is expected to trade at an average price of $0.952711 and a low of $0.893167 in 2025.

Power Ledger (POWR) Price Prediction 2026

If Power Ledger successfully boosts market sentiment among cryptocurrency enthusiasts, the POWR coin price could remain stable for the next five years.

According to our projections, POWR will be green in 2026. The POWR is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $1.34, with a minimum price of $1.19 and an average price of $1.25.

Power Ledger (POWR) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the POWR price is expected to cross an average price level of $1.55 by 2027, with a minimum price of $1.49 expected before the end of the year. Furthermore, POWR has a maximum price value of $1.64.

Power Ledger (POWR) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $1.85. If POWR manages to break the resistant level in 2028, we could see a maximum price of $1.94, failing to gather the support POWR needs by 2028 could result in a low of $1.79.

Power Ledger (POWR) Price Prediction 2029

While POWR is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $2.08 and a yearly price close above $2.23 in 2029.

Power Ledger (POWR) Price Prediction 2030

By 2030, Power Ledger will finally surpass its previous ATH values and record new price levels. The minimum price could be $2.38 and potentially reach a maximum price value of $2.53, averaging out at $2.44.

Power Ledger (POWR) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum POWR price in 2031 is projected to be $2.92 in the event of a bull run, with an average price level of $2.80.

Conclusion 

Power Ledger has emerged as a much-needed, leading blockchain-based platform with the potential to completely change how the industry energy functions. The platform helps take power away from giant energy monopolies and give it back to local communities by empowering them to sell excess power to their neighboring communities. 

The platform is backed by an expert team and efficient energy distribution and tracking system which enables everyday consumers to buy sustainable energy at lower prices than traditional electric supplies. Power Ledger is currently playing a significant role in the green revolution and plans to further expand its operations across the globe. 

As the focus on sustainability and green energy consumption grows, Power Ledger has the potential to scale massively. Experts have predicted that Power Ledger’s price could reach an all-time high in the near future, and the token could bring in good returns. 

However, the cryptocurrency market is highly volatile, and price predictions are never entirely accurate. We recommend doing your own research before you decide to buy Power Ledger. 

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