Most people, when investing in crypto, end up buying the top 2 or 3 cryptocurrencies, Bitcoin and Ethereum being the primary ones. Maybe you did the same for a while, buying these two coins and feeling satisfied with them. But now you are looking for a bit more excitement and diversity in your portfolio.
If you wish to purchase a crypto coin that looks promising but isn’t very well-known yet, then consider Ocean Protocol. Don’t know anything about this crypto?
Keep reading to learn what is Ocean Protocol, the Ocean Protocol price, and more.
What Is Ocean Protocol?
Ocean Protocol is a decentralized marketplace based on Ethereum for web3 data. It aims to provide easy and universal access to data to everyone with maximum security and minimum cost.
Not only can you use the data that’s available on this protocol, but you can also store your data with complete control over it. You can create a marketplace in the protocol to sell your data, or you can buy other people’s stored data (if they are selling).
Using, storing, and creating data is becoming more and more important as time goes on. It’s the currency of the future, more so than gold or diamonds. And anyone who has control over web3 data is going to be king, so to speak.
Thus, Ocean Protocol is essentially betting on this web3 data, and you can do so as well by purchasing the Ocean ERC20 token.
Ocean Protocol Price Prediction
If you go online and search for price predictions on Ocean Protocol, it seems like everyone is highly positive and bullish on the Ocean Protocol price. Many gurus and online crypto sources will recommend that you buy Ocean Protocol since it looks like its price will rise in the future.
At the time of this article’s writing, at the end of 2022, the price of Ocean Protocol was around $0.12, but this is predicted to increase to $0.43 by 2025 and $1.38 by 2028. Even if you aren’t interested in holding Ocean Protocol long-term, it’s still predicted to rise by 2023 by almost 10 cents.
If you wish to add a smaller, lesser-known crypto to your portfolio, Ocean Protocol, with its positive price predictions, is a good one to consider. It also gives you a piece of the web3 data pie which is like holding a piece of the future.
Buy Ocean Protocol and Add Diversity to Your Portfolio
Now that you are more aware of Ocean Protocol price predictions for the future, you can make an informed decision as to whether you are ready to add it to your portfolio. As with all crypto investments, do not invest money into it that you can’t afford to lose, especially if you are close to retirement.
And realize that every crypto investment is going to be fraught with volatility, and if you can’t handle the ups and downs, you should stay away from it. Keep reading through related articles on our website for more crypto knowledge.