(ANT) Aragon Price Prediction & Forecast [Updated 9 February 2019]
Thinking of investing in Aragon (ANT) in February 2019? Here is our honest price prediction and forecast.
Overview
- Fundamental Analysis
- Technical Analysis
- Specialists’ Perspective
- Aragon Price Prediction 2019
- Aragon Price Prediction 2020
- Aragon Price Prediction 5 years
- Our Prediction
Update (Feb 9, 2019): The ANT token, the internal cryptocurrency for the Aragon platform, has followed the trajectory of the crypto winter, dropping from a high of $7.73 ($242 million market cap) to just $.36 ($10 million market cap) today. The coin has, however, shown resiliency at this level, remaining relatively stable since the low point in late Nov 2018. The price is affected by the relative stability of the platform over against the overall difficulties in the cryptocurrency space.
Aragon (ANT) is a blockchain-based business management platform with a native utility asset, the ANT token. Built on Ethereum, Aragon enables the decentralized creation and management of operational needs for organizations. The Aragon platform is designed to remove third-party intermediaries from the business development and execution process. This cuts administrative costs, fees, and delays. It also simplifies the entire operational workflow.
The platform is entirely customizable, with built-in transparency and modular app utilization. It manages basic business functions such as payroll, accounting, fundraising, cap table management, and token distribution. Aragon’s foundational premise originated out of a growing concern over the state of the human condition. It is a continued effort to provide an avenue for decentralization in the business operations environment. The company posits that decentralization will ultimately lead to increased openness, collaboration, and goodwill through technology. Aragon was designed with the average user in mind. Not just for development by coders, the Aragon team goal is to enable anyone to build an entire decentralized, fully autonomous organization on the blockchain. Ownership of the ANT token represents a share in governance within the Aragon system. It gives the holder voting rights based on the amount of ANT each holder possesses. ANT launched in Q3 2017. The token saw moderate growth up to $7.73 at the Jan 2018 peak. It then followed the trajectory of the rest of the cryptocurrency market, dropping in value over the rest of the year. [bctt tweet=”We at BeInCrypto expect the price of Aragon (ANT) to remain relatively stable at or around $0.36 through the end of 2019 — before beginning a modest recovery in the first half of 2020.” username=”beincrypto”]
Fundamental Analysis
The fundamentals for Aragon (ANT) revolve around its open-source blockchain service offerings. Aragon has developed a unique modular system that separates the individual service components. This allows for an easily customizable approach to business clientele. The modular components enable simplicity and freedom within decentralized autonomous organizations. They also support the development of Aragon dApps and protocols that direct processes and policies. Aragon’s foundational premise originated out of a growing concern over the state of the human condition. It is a continued effort to provide an avenue for decentralization in the business operations environment. This will lead to increased openness, collaboration, and goodwill through technology. The Aragon main net launch took place in Oct 2018. This milestone gave users increased access to the service offerings of the entire Aragon ecosystem. This includes voting, governance, administration, and identity. The ANT token was created and remains a token of governance specifically within the Aragon network. The fact that the token continues to be treated primarily as a method of governing power within the Aragon ecosystem increases the validity of the entire organization. This, in turn, will lead to long-term value increases of the ANT token.
Technical Analysis
The current price of ANT is $0.37. It has a market cap just under $11 million. Following a successful initial coin offering (ICO) which sold 70 percent of the total amount of ANT tokens, ANT did not see immediate and exponential growth alongside similarly timed ICO projects. The remainder of the ANT tokens were held via grants. The token did reach nearly $8 in January 2018, following the price explosion of the rest of cryptocurrency. ANT is currently ranked around 200 by market cap and has been in that range for some time. While the platform does offer a valuable service, the relative newness of the coin as well as the platform has not allowed room for much growth in the market. Additionally, with the main net launching in Q4 2018, the entire network is still in the early stages of growth. While these circumstances have played a role in the rate of growth over the past year and a half of ANT’s existence, the coin does show promise from a technical perspective. ANT prices have been following the rest of the bear market during this time. After an initial decline from ATHs in Q1 2018 alongside Ethereum, Bitcoin, and other top-performing tokens, ANT saw a slight increase back up to $4.88 in May 2018. The rest of the year was an exercise in patience as ANT and the rest of crypto continued to drop in value. Nevertheless, ANT has remained relatively stable at the $11 million market cap over the past three-four months. This stability indicates that the market platform is functional and that the cryptocurrency is viable.
Specialists’ Perspective
The overwhelming sentiment among experts is that Aragon offers an excellent value proposition. Cryptocurrency is in the middle of a time where token value can no longer be bolstered simply by existing. Rather, any digital currency needs to offer a valuable service through its corresponding platform. Aragon accomplishes this goal. According to experts, its initial value will likely be realized by blockchain projects looking for decentralized governance and operational functionality. However, its use case can easily expand to non-blockchain companies, as the need for the services Aragon offers is universal throughout the business world. The Aragon platform is built on the voting model of liquid democracy. In such an environment, collective decision making is streamlined into optimal governance patterns. This happens through awareness and exploitation of specific areas of strength and subject matter expertise. Aragon is not the first blockchain project to embrace the liquid democracy concept. According to experts such as cryptocurrency influencer and stakeholder Dominik Schiener, “liquid Democracy combines the advantages of Direct Democracy and Representative Democracy and creates a truly democratic voting system that empowers voters to either vote on issues directly, or to delegate ones voting power to a trusted party.” Additionally, the possibility of Aragon being able to support new innovations such as DAICOS on their platform is quite promising. DAICOS, a brainchild of Ethereum founder Vitalik Buterin, merges the decentralized autonomous organization (DAO) with the initial coin offering (ICO). It merges into one giant acronym, the DAICOS. Experts also respect the leadership potential of Aragon. Co-founders Luis Cuende and Jorge Izquierdo have assembled a strong advisory board and development team. Cuende made the Forbes European 30 under 30 list. He has gained the respect of the entire crypto community from other projects he has led, such as Unpatent. The team is committed to transparency, as evidenced by a plethora of transparency-centric documentation. This includes expense reports, meeting minutes, Reddit, and Medium updates. All these steps make the project extremely appealing to investors, as it shows investors exactly what the team consists of: a group of good people, committed to doing the right thing through the Aragon project for the benefit of stakeholders.Aragon Price Prediction 2019
2019 is shaping up to be a good year for ANT, with price forecasts as high as over $1.00 USD by the end of 2019. However, notoriously conservative prediction sites such as WalletInvestor and TradingBeasts paint a different picture. Both sites forecast a slight increase in price in Q2 or Q3 2019. This rise will be followed by a steady and fatal slide of the ANT token, ending in a final price of $0.00 by the end of 2019. Other predictions are not nearly this dire for the Aragon project and its native token. Cryptoground, for example, offers about the exact opposite forecast. The site is expecting ANT to increase in price nearly 400 percent in the coming months — hitting as high as $1.77 USD. This positive forecast is promising for investors, but also backed by the reality of the current market. At the time of this writing, ANT’s price is up nearly 10 percent over the past 24 hours. This follows a five day steady price increase, which after the past year’s dismal performance, is encouraging for any token. In spite of a wide array of predictions, the company has seen relative stability. With increased customer growth, and greater levels of platform viability, the coin may see slight growth during the year. Of course, the potential for failure is always present. However, in light of the stability the company has shown, we believe a $.50 price prediction for the end of 2019 is well in line.Aragon Price Prediction 2020
By the year 2020, ANT prices could rise anywhere from $3.00 up to nearly $30. These positive predictions come from the fact that analysts overwhelming predict stabilization throughout the entire crypto market. While we may not see lofty prices in the $30 range, all indicators point to a good showing by ANT and similar product-centric tokens. The launch of the Aragon mainnet in Q4 2019 will likely have a positive impact on prices in the coming months. A report published on trading site InvestFeed labels Aragon “one of the most transparent, innovative, and productive projects” in the blockchain industry. This perception is vital to short-term growth, and its perseverance in this light will be a tremendous factor in long term growth. Based on this reality, the likelihood of ANT dropping to zero before 2020, as predicted by WalletInvestor and Tradingbeasts, is low. However, with overall market volatility and the inherent risk of crypto, it is impossible to ignore this potential outcome. Nevertheless, we believe the platform has shown resiliency, and will likely find a stable support base that will allow for increased growth. The price by 2020 could be as high as $1.50.Aragon Price Prediction 5 years
Aragon (ANT) has the potential to reach over $20 within five years. This is primarily due to its transparent business model and strong service offerings. However, positive factors such as a commitment to continued innovation also come into play. Evidence of this comes from the team’s interest in groundbreaking blockchain theory such as Buterin’s newly minted DAICOS concept. Additionally, strong fundamentals like an inherently powerful project team give Aragon both market clout and nearly unlimited future value potential. As blockchain projects become the norm, with traditional companies integrating or implementing blockchain technology, Aragon will see the growth of a larger potential client base. As the current trusted leader in the legal governance and operational development space throughout the industry, the future is bright. Again, events such as total market collapse, recession, or even internal failure cannot be ignored. These factors could throw ANT and the rest of the market into a continued decline. In this case, very low predictions such as the ANT token hitting zero cannot be disregarded.Our Prediction
BeInCrypto prides itself on realistic forecasts based on real data rather than fantastical, imaginative and biased predictions or excessive speculation. ANT and the Aragon platform offer exactly the legitimate value proposition cryptocurrency investors are seeking in this tenuous market. In light of these fundamentals, we expect the ANT token to see continued growth and reach as high as $.50 in the year 2019, with a five year prediction in the $20 range. The BeInCrypto team believes the future will bring continued successful growth for the ANT token. Aragon has the leadership of a strong, trustworthy team. This is a rare commodity in the cryptocurrency industry — a space plagued by fraudulent ICOs with no product to show after months of fund-raising. We see creativity and flexibility throughout the entire project. The product and services Aragon offers provide a fresh and much needed new approach for an overwhelmingly archaic sector of business. While risks do exist, most notably that of a continued bear market, which would bring the entirety of crypto even lower, we base this forecast on strong positive signs for ANT in the months ahead.| Period | Aragon Price Forecast | |
| Best Case Scenario | Worst Case Scenario | |
| 2019 | $.50 | $0 |
| 2020 | $1.50 | $0 |
| 5 years | $20 | $0 |
Disclaimer
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Jon Buck
With a background in science and writing, Jon's cryptophile days started in 2011 when he first heard about Bitcoin. Since then he's been learning, investing, and writing about cryptocurrencies and blockchain technology for some of the biggest publications and ICOs in the industry. After a brief stint in India, he and his family live in southern CA.
With a background in science and writing, Jon's cryptophile days started in 2011 when he first heard about Bitcoin. Since then he's been learning, investing, and writing about cryptocurrencies and blockchain technology for some of the biggest publications and ICOs in the industry. After a brief stint in India, he and his family live in southern CA.
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