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By using Cryptologi.st you are agreeing to our terms and conditions. Cryptologi.st provides general data charts only and they are not investment advice.
Table of Contents
Angle Coin comes from Angle Protocol, which provides a situation for its users to issue stablecoins, called agTokens, which are pegged to a specific value. In simple terms, these tokens are built to mirror the value of the asset they are pegged to. The currencies Angle started with are agEUR, a Euro (EUR - €) stablecoin on Ethereum's main net. In addition to providing the stablecoin product, the Angle protocol enables the users to:
Next, We will discuss Angle Coin Price Predictions for 2023, 2025, and 2030.
The Angle Coin platform is built on the Binance Smart Chain (BSC) and uses a Proof of Stake (PoS) consensus mechanism to validate transactions and secure the network. Here is a brief overview of how the Angle Coin platform works:
Overall, the Angle Coin platform aims to provide a secure, scalable, and versatile platform for content creators, businesses, and users to transact, earn rewards, and participate in the governance of the network.
Three types of agents run the Angle Coin Core module by forming a balanced ecosystem maintaining agTokens' peg (or stability). These agents are Minting Users, Hedging Agents, and Standard Liquidity Providers (SLPs).
Using the Borrowing Module, the users can deposit collateral and borrow agTokens (debt) against this collateral. Also, the users can get an agToken loan and get leverage on various assets or access stablecoins while being exposed to a volatile asset or a yield-bearing token.
Angle Coin platform has added new features to traditional protocols, such as Maker, Abracadabra, Liquity, Aave, Compound, etc. Some of these new features are as follows.
Angle Coin (ANGLE) is a cryptocurrency that operates on the Binance Smart Chain (BSC) and uses the BEP-20 token standard. Here are the tokenomics of Angle Coin:
1- Token Symbol: ANGLE
2- Total Supply: 10,000,000,000 ANGLE
3- Circulating Supply: The current circulating supply is not available as it may change based on the token burns and releases.
4- Token Distribution: The initial distribution of ANGLE tokens is as follows:
5- Token Utility: ANGLE can be used for several purposes, including:
6- Token Burn: ANGLE has a deflationary mechanism, where a portion of tokens from transaction fees will be burned, reducing the total supply of ANGLE over time.
Angle Coin DAO has been created to tune and improve the protocol to provide a more sustainable and robust platform and introduce it as the building block of the DeFi space.
Thanks to the tokenomics upgrade to the veANGLE model, veANGLE holders vote for the changes and the core team, and community members execute the approved suggestions. Additionally, the Angle DAO is a means of deciding how to allocate the ANGLE tokens distributed, which is a part of the liquidity mining program.
Using staking contracts, the Angle Coin team distributes 40% of the Angle Coins among agTokens holders, HAs, and SLPs. Every week, governance adjusts the distribution of tokens between the different types of stakeholders using gauge votes.
The amount of distributed ANGLE is divided by 1.5^(1/52) = 1.007827 each week, which equals the tokens emission divided by 1.50 each year. The core team controls 5% of the ANGLE's weekly emissions to allocate them without any vote by veANGLE holders.
The Angle Coin core team holds 12% of the initial ANGLE in a multi-sig. These tokens are set aside to be distributed to the community as grants or bug bounties, strategic partners like exchanges for listing, and the most active community members and advisors.
As mentioned above, Angle Coin comes from an open-source protocol, where everyone can access the codes and suggest improvements permissionless. You can access the codebase on GitHub.
ANGLE, with the symbol ANGLE, is a cryptocurrency project or a kind of crypto asset holding the current market cap rank #1023 and a live market cap of $8,751,596.
ANGLE has a Circulating Supply of about 201,477,201.56 and a Total Supply of 1,000,000,000. Today, the ANGLE price is $0.04346571 with a 24hr trading volume of $5,991,901.82, indicating a 2.31% decrease in ANGLE price.
The current price of ANGLE is 98.13% lower than its All-Time High of $2.33 on 04 Nov. 2021, but it is undefined higher than its All-Time Low of $0.02334822 on undefined. Less
Today, on Jul 11, 2022, the price of each Angle Coin is $0.030427659071, with a 24-hour trading volume of $39,723.38. In the previous 24 hours, the price of ANGLE has been down -3.3%.
The Angle Protocol has a circulating supply of 150 Million ANGLE coins and a total supply of 1 Billion. To trade ANGLE, you can use BingX, which is currently one of the active exchanges to buy and sell Angle Coins.
Disclaimer: Don’t take this article as financial advice. You need to DYOR (Do Your Own Research) before investment.
If based on expert opinion and thorough analyses, price predictions can help us have a clear picture of the possible future of a given coin.
In the following sections, we’ll review the Angle Coin price predictions coming from the crypto experts based on the recent performance of ANGLE and its growth potential. Remember that while based on careful analyses, these are predictions, you still need to do your own research before investing.
Based on our analysis, we predict that the price of Angle will fluctuate between $0.11 and $0.13 in 2023, with an average trading price of $0.11.
Our findings suggest that the price of Angle is likely to range from $0.16 to $0.19 in 2024, with an average forecast price of $0.17.
Using past price data and technical analysis, we predict that the price of Angle will range between $0.24 and $0.28 in 2025, with an average trading price of $0.24.
Based on our deep technical analysis of past price data, we forecast that the price of Angle will be between $0.34 and $0.42 in 2026, with an average trading value of $0.35 in USD.
We expect the price of Angle to range from $0.49 to $0.58 in 2027, with an average value of $0.51, based on our forecast and technical analysis.
In 2028, we predict that the price of 1 Angle will range between $0.70 and $0.85, with an average price of $0.72 throughout the year.
Our analysis suggests that the price of Angle will range from $0.99 to $1.18 in 2029, with an average trading price of $1.02.
We predict that the price of Angle will range between $1.48 and $1.73 in 2030, with an average trading price of $1.52, based on our forecast and technical analysis.
Financial reports and analyses from Cryptologi.st, Coingecko, Coinmarketcap, and other crypto bigshots indicate that Angle Coin could not maintain satisfactory performance in recent months, probably due to the bear market situation.
The low liquidity score shows that it cannot be an easy sell in the current falling market and can’t be considered a safe short-term investment.
We need to wait for the next bull run to see what it may do to Angle Protocol and the market in general. In the meantime, we can stay updated about the innovations of the top 1500 crypto projects to choose the best ones and follow their changes using our watchlist.
Also, we can compare hundreds of projects using the free screening tool provided by Cryptologi.st, which strives to educate everybody about the incredible opportunities the cryptocurrency and blockchain may offer. Stay tuned for more in-depth reviews.
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