Numerous VRA investors are optimistic about the possibility of this asset reaching $1 and generating substantial profits. Is it feasible for VRA to surpass $1? Let’s explore VRA price predictions for 2023-2030 and its investment potential.
What Is Verasity (VRA)?
Verasity is a blockchain-based platform established in 2018 by RJ Mark. It revolutionises the advertising model by introducing an attention-based video and gaming platform on the Ethereum blockchain. By integrating with such video platforms as YouTube and Vimeo, Verasity rewards viewers with cryptocurrency and establishes a fair revenue generation system for these platforms.
Verasity aims to combat ad fraud, a pervasive issue in the digital advertising landscape, particularly in esports networks. With its patented Proof of View (PoV) technology, Verasity seeks to eradicate fraudulent practices that cost brands billions. Ad bots, malicious entities manipulating views, pose a significant threat to platforms. It offers advertisers a secure and transparent environment, ensuring their campaigns reach genuine audiences.
Verasity has developed a robust NFT authentication chain to create a trustworthy ecosystem. This solution aims to address fraud by establishing blockchain-based ownership of esports assets. By capitalising on the booming NFT trend in crypto, Verasity gives esports enthusiasts worldwide tangible value.
At the heart of Verasity’s ecosystem lies VRA, its native token. VRA offers a convenient means for staking, earning, and spending within the platform. You can accumulate VRA by watching video content and ads, driving engagement and revenue for video platforms. Initially an ERC-20 token, VRA has evolved into an ERC-777 token and is readily tradable on multiple crypto exchanges, providing seamless access to the Verasity ecosystem.
Verasity (VRA) Price History
In April 2019, VRA entered the market at around $0.0005 and remained relatively stable around this price for the following two years. In March 2021, the token saw a surge in value, breaking through the cent barrier and reaching an intraday high of $0.01136. By April 2021, it reached a periodic high of $0.05583.
Subsequently, the price started to decline, compounded by the market crash on May 19, 2021. Verasity struggled to regain momentum but experienced a partial recovery in August 2021, returning to the May price levels. In October, VRA saw an upward trend, culminating in its all-time high of $0.08683 on November 1, 2021.
The market downturn related to the uncertainty surrounding Covid-19 impacted VRA’s price, which closed the year at $0.03421. The slump continued into 2022, with VRA’s value decreasing to around $0.0275 by January 19. In February, there was a brief rally above $0.03 due to positive news about VeraEsports serving as the official partner for VALORANT.
Unfortunately, the market contracted following Russia’s invasion of Ukraine, causing VRA’s price to decline to around $0.021 by March 22, 2022. Despite news of VRA being listed on the Crypto.com exchange, the price continued to decline. In April, the ban on crypto in China led to further decreases, with VRA dropping to $0.0107 by May 9.
The market entered a crisis state, exacerbated by the de-pegging of the TerraUSD stablecoin and the collapse of associated cryptocurrencies. VRA reached a low of $0.005498 on May 12, experiencing a modest recovery to $0.009531 on May 16. But by May 24, the price only reached slightly over $0.008.
VRA’s value declined, reaching around $0.00687 by June 7, 2022. The cancellation of withdrawals on the Celsius crypto platform confirmed the bearish market sentiment, causing VRA to plummet to a low of $0.004688 on June 13. VRA’s price fluctuated around $0.006, with a temporary dip to $0.004869 on July 26. By August 11, 2022, VRA was valued at approximately $0.0074.
At the time of writing, VRA is trading at $0.007 with a corresponding market capitalisation of $75,326,056. With 10,305,680,354 VRA tokens currently in circulation, it holds the #338 place in the overall rankings of cryptocurrencies.
VRA Price Forecast: Experts’ Opinions
According to Gov Capital, VRA’s price could reach around $0.0298 in August 2023, and, a year later, increase to $0.071. In August 2025, VRA is projected to stay at $0.121, followed by an estimated worth of $0.191 twelve months after that. By August 2027, Gov Capital forecasts VRA to reach $0.264.
Another source, NewsBitcoin247, offers a more conservative outlook for VRA’s price. They predict an average of $0.015 in 2023 and $0.022 in 2024. By 2025, VRA’s value could be around $0.033, progressing to $0.048 in 2026. In 2027, VRA might reach $0.071. They further estimate that VRA may start the 2030s with an average price of $0.20.
TechNewsLeader suggests a potential rise to $0.016 in 2023. In 2024, VRA was expected to reach $0.023, potentially and by 2025, the price can be $0.034. The site expresses optimism that VRA could hit $0.05 in 2026, $0.073 in 2027, and $0.10 in 2028. Their price forecast indicates VRA finishing the decade at $0.15, with a price prediction of $0.21 for 2030.
DigitalCoinPrice forecasts VRA’s price to increase gradually over time. They predict VRA’s price to rise to $0.0107 in 2023 and $0.0112 one year later. In 2025 they expect a potential increase to $0.0146, followed by a slight decline to $0.0135 in 2026. However, there will be a recovery, with VRA potentially reaching $0.0174 in 2027, $0.0231 in 2028, and $0.0302 in 2029. They further anticipate VRA to achieve $0.034 in 2030.
While these predictions provide insights into the potential future price of VRA, it’s essential to approach them cautiously and consider market volatility and other factors that can influence crypto prices.
VRA Price Predictions 2023-2030
|YEAR||MINIMUM ($)||MAXIMUM ($)|
Verasity VRA Price Forecast 2023
Our Verasity price predictions for 2023 are optimistic. The maximum projected price for VRA is $0.009, with an average trading price of $0.008. The minimum price by the end of the year is estimated to be $0.007.
Verasity Price Prediction 2024
Verasity token can experience significant growth and is projected to reach a maximum price of $0.012. Based on technical analysis, Verasity’s price may consolidate and reach a low of $0.010, with an average price of $0.011.
VRA Token’s Price Prediction 2025
It is anticipated that the maximum trading price for one VRA token in 2025 could be $0.017. The average price of VRA tokens is expected to be around $0.015 during this period. Verasity’s price may touch a bottom level of $0.014.
Verasity VRA Price Forecast 2026
With ongoing developments and expansions in various sectors, the Verasity platform could reach a high of $0.025, with an average trading price of $0.023. However, there is a possibility that Verasity’s price could drop to $0.022.
VRA Token Price Forecast 2027
Verasity may experience a bullish market and demonstrate its strength, potentially reaching a maximum price of $0.038 with an average trading price of $0.034. However, there is a chance that Verasity could reach a low of $0.033 by the end of 2027.
Verasity Price Prediction 2028
In 2028, Verasity’s price can reach a maximum of $0.055, providing potential lucrative returns for VRA token holders. The average trading price is predicted to be about $0.050, while the minimum price may be $0.048 according to technical analysis.
VRA Coin Price Prediction 2029
The prediction for Verasity in 2029 suggests a maximum price of $0.083. The average price of Verasity coins is estimated at $0.070, with a minimum price of $0.068.
VRA Token Price Prediction 2030
In 2030, the VRA token’s price may experience a significant jump, with a maximum value of around $0.12 and an average trading price of $0.10. But Verasity could retrace downward and touch a minimum value of $0.100 during this period.
Is Verasity (VRA) A Good Investment?
Investing in Verasity early on can lead to more excellent personal benefits and contribute to the community’s overall growth. The Verasity ecosystem stands out in the blockchain industry due to its clear use case and vibrant community. The native token VRA is widely available on major crypto exchanges, and the advertising platform is expected to continue expanding.
However, consider all potential consequences and carefully assess the risks before making investment decisions. While Verasity shows promising potential, staying informed and vigilant is crucial, as negative publicity and market crashes can impact its performance. Price predictions currently estimate Verasity to be around $0.3, but it’s worth noting that FOMO (fear of missing out) can rapidly drive up prices.
Verasity (VRA) Price FAQs
Will Verasity go up or go down?
Verasity is expected to experience an upward trajectory in the future. In fact, Verasity has demonstrated remarkable growth, experiencing a substantial increase of over 170 times in value over the past two years. As a cost-effective blue-chip project, Verasity can give long-term holders great rewards.
How much is VRA in 10 years?
VRA token is predicted to keep its upward trend in 2032, reaching even higher values. The growth of Verasity’s price will remain robust and positive, with a range between $0.21 and $0.26. The average price is predicted to be $0.22. These figures suggest that Verasity coin can trade above $0.3 in 2032 and beyond, indicating promising prospects for the token.
Can the VRA price exceed $1?
The Verasity historical data suggests that exceeding this threshold of $1 by the end of the decade is unlikely. Our long-term price prediction indicates that VRA may reach $1 between 2030 and 2040, assuming stable growth rates. And with the potential for rising prices, the token might achieve its $1 goal earlier than projected if more investors are attracted to the initiative.
Is buying SAND legal in Australia?
The buying and trading of cryptocurrencies, including Verasity (VRA), are legally authorised in several countries, such as Australia, the United States, the European Union, Canada, and El Salvador. VRA can be purchased via crypto exchanges via debit and credit cards. For further information, you can read our reviews of crypto debit cards and crypto credit cards.
Where to buy VRA in Australia?
You can purchase VRA in several crypto exchanges, but choose a reputable exchange registered with AUSTRAC. Our top recommendation is CoinSpot, which provides a user-friendly interface, free AUD deposits and withdrawals, a diverse selection of over 380 coins, and staking services. You can read our CoinSpot review here to learn more about it.
When considering Verasity (VRA) price predictions, it is essential to acknowledge the inherent volatility of crypto markets. This fluctuation makes short-term price forecasts challenging and long-term estimates even more uncertain. Any analysis and forecasts solely based on algorithms may not give accurate predictions.
We strongly recommend conducting thorough research if you want to invest in VRA. This includes analysing current market trends, staying updated on the latest news, performing technical and fundamental analyses, and evaluating expert opinions. Remember that past performance does not necessarily indicate future returns, and only invest with funds you can afford to lose.