BOO Coin Price Prediction 2023, 2025 And 2030, Is SpookySwap A Good Investment?

What Is SpookySwap?

SpookySwap is a DeFi app on the Fantom blockchain that offers various trading tools and yield farming options. Its native cryptocurrency is the BOO token, both a utility token and a governance token. Next we talk about Boo coin price prediction 2023, 2025 and 2030.

Boo Tokenomics

At the time of writing this post on Oct 30, 2022, 9,915,804 BOO tokens were in circulation. Its maximum supply is 13,666,000, 73% of which is circulating.

The BOO token has a liquidity score of 29%, which indicates the token can be challenging to sell or trade during the crypto winters like now.

Price History

Recently, SpookySwap (BOO) has experienced a declining trend in terms of both price and popularity. This is primarily due to the elongated bear market.

By taking a look at the SpookySwap price history in the past year, you can clearly see the downward trend and how it was amplified around April, when the crypto winter began. 

Read more: Stronger Price Prediction 2023, 2025 and 2030

SpookySwap’s price had a more stable trend throughout the past 90 days, ranging between $1.06 and $3.30. This is due to the market remaining stagnant, and traders aren’t feeling too daring with their investments.

BOO coin ATH and ATL

SpookySwap’s current price is $1.27, which is 298% higher than its All-Time Low of $0.3 on Aug 11, 2021. The price of each BOO Token is now 96.8% lower than its All-Time High of $39.97 on Jan 16, 2022.

BOO Token Financial Analysis

Currently, on Oct 30, 2022, SpookySwap has a market cap of $12 million and sits on the rank #827 in market cap rankings.

The SpookySwap platform has a total value locked (TVL) of almost $100 million, and there have been 30K transactions with BOO in the past 24 hours.

Read more: BOO Coin Price Prediction 2023, 2025 And 2030

BOO Tokenomics, ROI and APY

SpookySwap’s ROI since the day the token was launched on Feb 9, 2021, has been +597.83, meaning if you had invested $100 in BOO, you would’ve had almost $600.

However, with the recent freezing winds of the crypto winter, SpookySwap hasn't been able to perform as well as before. The ROI of SpookySwap during this year has been -95%. Meanwhile, similar projects had an ROI of +2120% over the same period.

BOO coin Price Prediction 2022

Throughout this year, the average price of SpookySwap has been $1.21. The price of BOO tokens can fall to $1.16 or rise to $1.27 by the end of 2022.

BOO coin Price Prediction 2023

According to crypto experts’ opinions on SpookySwap price prediction, the BOO token will cost $1.82 on average in 2023. Its price can be $2 at maximum and $1,77 at minimum.

BOO coin Price Prediction 2024

For SpookySwap price in 2024, expert crypto analysts expect an average of $2.66. The BOO token can also be traded at $2.57 at a minimum and $3.13 at a maximum.

BOO coin Price Prediction 2025

With the current volatility of the crypto market, it can be challenging to make long-term price predictions. Price predictors expect the average price of BOO tokens to reach $3.95 throughout 2025.

The BOO token can cost $3.84 at a minimum and $4.80 at a maximum in 2025.

BOO coin Price Prediction 2030

With further support from the SpookySwap community and the enlargement of the crypto community by the year 2030, it is estimated that the price of BOO tokens would be $27.85 on average.

According to SpookySwap price prediction, the BOO token could be traded at a minimum of $27.08 and a maximum of $32.59.

Read more: DigiByte Price Prediction: Is DGB A Good Investment?

Should I Invest In SpookySwap?

According to the SpookySwap price predictions detailed above, the BOO token can be a beneficial investment in the long run.

But you need to remember that the BOO token has other functionalities in the SpookySwap ecosystem that can be much more profitable than just holding the token. You can stake BOO in SpookySwap’s staking pools, buy NFTS, and much more.

Also, altcoins and low-cap tokens tend to be on the riskier side of investments, so you need to measure your options, goals, risk tolerance and strategies before making any investment decisions.

FAQ

Here you can get answers to the FAQs about SpookySwap and find all you need to know.

How To Invest In SpookySwap?

You can invest in the SpookySwap platform by either holding BOO tokens in your wallet or actually using the SpookySwap DEX to do your trading activities.

Also, participating in the staking farms and other passive income tools that SpookySwap offers makes a good long-term investment. 

What Network Is SpookySwap?

SpookySwap was built on the Fantom blockchain. However, its capabilities aren't limited to just Fantom, as you can use various SpookySwap bridges to connect to other blockchains.