Stargate Finance Price Prediction: Will Stargate Finance reach $100?
To reach $100, the STG token needs to grow by 170 fold which translates to a Market Cap of $20 Billion. Given STG’s moderate use case and moderate performance, it is unlikely to rise by 170-fold anytime soon. The best-case scenario for Stargate Finance is for a significant burn program that reduces supply by 75%.
Latest STG Crypto Price
Stargate Finance Statistics
- Stargate Finance vs PancakeSwap v3 [DeFi Apps, Last 30 days]
- Rank: Stargate: 1st, PancakeSwap V3: 2nd
- UAW: Stargate: $1.62M, PancakeSwap V3: $970.1K
- Volume: Stargate: $1.9B, PancakeSwap V3: $6.5B
- Stargate vs Lido (Defi TVL, Last 30 days)
- Rank: Stargate: 24th, Lido: 1st
- UAW: Stargate: $1.6M, Lido: $15.3K
- TVL: Stargate: $271.1M, Lido: $14.1B
Stargate Finance Price Chart
Stargate Finance Price Prediction: Is Stargate Finance a Good Investment?
Stargate Finance is a liquidity transfer protocol where the users can transfer native assets across various chains. The platform is known for promoting interoperability and decentralization because it enables the token swap across various blockchains.
Stargate finance network removes various complexities of cross-chain Defi and hence makes it easier for users to transfer assets across various chains and dapps.
Key Features
- Users can swap their native assets across chains in a ratio of 1:1 and access Stargate’s unified liquidity pools.
- The platform allows users to move assets across various blockchain networks without requiring any intermediary.
Benefits of Stargate Finance
- The platform allows the users to earn stablecoin rewards on each Stargate transfer.
- Users can farm their LP tokens in exchange for STG rewards while acting as liquidity providers.
- Stargate token holders can stake their STG tokens and receive veSTG in return (which is the platform’s governance token).
- By providing liquidity to the Stargate network, users can earn a portion of the transaction fees from the token swaps.
- The network allows users to maximize their earnings through yield farming.
STG is the native utility token of Stargate Finance. STG token has a maximum supply of 1,000,000,000 tokens and out of which 204,338,417 STG tokens are already in circulation (which is around 20% of the total supply). The following are the use cases of the STG token:
- STG tokens can be stakes to earn rewards in return.
- STG token holders can participate in the governance of the platform.
Stargate Finance performance so far
- YTD: +43.9%
- Last 12 Months: -23.5%
- Since Launch: -75.9%
Overall, considering the use cases and benefits of Stargate Finance, it seems to be a moderate case for investment.
Latest: Stargate Finance announced that their Stargate (STG)/USDC Liquidity Pool (LP) is now live on SpookySwap, using LayerZero Labs supported USDC. This means that STG can once again be easily swapped on the Fantom blockchain.
Stargate Finance Price Prediction: Will Stargate Finance reach $10?
To reach $10, the STG token needs to grow by 17 fold which translates to a Market Cap of $2 Billion. Furthermore, the STG token reached its all-time high price of $4.2 in April 2022 where it grew by nearly 5.38 times in just one month (i.e., from the lowest price of $0.78 in March 2022). It is not unusual for cryptocurrencies to rise 10-15 fold over a 4-5 year period, particularly in favorable liquidity conditions and reasonable use cases.
Stargate Finance Price Prediction Today
UTC: Feb 22nd, 2024 07:14 PM
| Overall Outlook | Neutral |
| 1. Market’s Wisdom | Neutral |
| 1a. Market Data | Partially Bearish |
| 1b. Technical Recommendation | Buy |
| 2. Crowd’s Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
Stargate Finance Price Prediction 2023, 2025 and 2030, Aggregated
- Stargate Finance Price Prediction 2023 is $0.643
- Stargate Finance Price Prediction 2025 is $2.21
- Stargate Finance Price Prediction 2030 is $12.0
Also Read: Blur Crypto Price Prediction
Where can I Buy Stargate Crypto?
STG tokens can be bought from various centralized and decentralized crypto exchanges such as Binance, Coinbase Exchanges, KuCoin, Kraken, Huobi, Bitfinex, Gate.io, Bitget, Poloniex, Curve Finance, PancakeSwap, and Uniswap.
~Charu Taneja
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Note:collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.