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Simply put, Unibright creates template smart contracts that even the users with next to nothing coding knowledge can make smart contracts on the blockchain. This innovation makes Unibright super efficient for common non-technical or semi-technical crypto users. Unibright works as a help to enterprises and enables them to run their off-chain operations while staying on a public mainnet like Ethereum. Unibright strivest to support business systems and processes using blockchain technology and increase efficiency, transparency, and security.
Unibright helps its users
Unibright has helped develop Baseline Protocol, an open-source initiative that integrates cryptography, messaging, and blockchain and provides secure and private business processes. Baseline Protocol is aimed to provide these services cheaper thanks to a public blockchain which acts as middleware. Also, Unibright has developed Baseledger, a public blockchain governed by a council, which aims to minimise the current blockchain problems regarding Enterprise and Baseline usability.
UBT is Unibright’s utility token needed for all the services provided at the platform. In addition to being used as a means of paying fees, UBT can be held by the network workers maintaining consensus as a staking mechanism. The following graph depicts how the Unibright token (UBT) works in the whole system.
Financial charts on Cryptologi.st indicate that Unibright stands on the #396th market cap rank among all crypto projects. Unibright’s price today, on May 16, 2022, is $0.391324, with a trading volume of $426,866 in the last 24 hours, which is up 6.5%. Unibright has a circulating supply of 150 Million UBT coins and a total supply of 150 Million. Unibright’s price is -90.7% lower than its all-time high of $4.22 on Sep 01, 2021, but is 4864.4% higher than its all-time low of $0.00793962 on Nov 25, 2019. Uniswap V3 is currently one of the most active exchanges to trade Unibright.
Currently, Unibright liquidity score is 20%, which makes it a very hard sell in a bear market. In the recent year, Unibright has had a -76% Return on Investment (ROI), which shows underperformance compared to similar projects with -48% ROI. The low ROI of Unibright is more significant than the top 1500 crypto projects, with a 2,175% growth Return on Investment. However, Unibright has had a 6% in the recent 24 hours. Check here to read swap, contract, holder, and liquidity analyses.
Disclaimer: Don’t take this article as financial advice. You need to DYOR (Do Your Own Research) before investment.
Crypto experts analyse the potential of any given project, its technology, and performance and come up with price predictions, which can be used as a tool to make some estimations. Bear in mind that anything names price prediction on Crptologi.st is merely prediction and no financial advice.
In 2022, the average price of Unibright tokens (UBT) is predicted to be $0.40. Its minimum and maximum price level can be $0.38 and $0.45, respectively.
The price of each UBT token is expected to reach an average of $0.60 throughout 2023. It can fall to $0.58 and jump to $0.68 in 2023.
In 2024, the average trading price of Unibright is estimated to be $0.90. It is also estimated that Unibright’s price can reach a minimum of $0.88 and a maximum of $1.01.
Each Unibright token can be sold at a minimum of $1.26, a maximum of $1.55, and an average price of $1.30 throughout 2025.
Unibright has been gaining attention all over social media, which is an indicator of its active community and a responsible team. Unibright has experienced growth on Twitter, Reddit, and Telegram by 22%, 7%, and 3%, respectively, in the recent six months.
Unibright is a bright platform that aims to streamline creating smart contracts and facilitating business processes. The idea behind it is innovative and practical, and it has a growing community, which is a green flag. However, no whitepaper and roadmap were available for Unibright, and its ROI is lower than similar projects, which is a red flag. But the price prediction indicates that it can be improved in price in the long run. All in all, the decision is yours! Weigh various options and check your financial priorities and limitations. Cryptologi.st is not here to give you buy and sell signals; instead, it educates you about the top 1500 crypto projects with its screener tool and thorough project reviews. Stay tuned for more!