Just about every investor wants to get in on the next big project before it explodes. With its V2 update, Yummy coin has been gaining a lot of attention recently prompting our Yummy coin price prediction.
During this article, we’ll be providing a Yummy coin price prediction spanning from 2024 to 2030 and detailing exactly what the Yummy is and how it derives its value.
Yummy Coin Price Prediction Summary
In order to paint a picture of where the price of Yummy might be heading, we’ve summarized each year below. The reasoning for our Yummy coin price predictions can be found slightly further down the page.
- End of 2024 – Once the team begins to announce listings on centralized exchanges, we could see Yummy explode and hit $0.0000055.
- End of 2025 – As Yummy features a tax that funds the growth fund, token buybacks will likely ramp up massively. This could push the Yummy price as high as $0.0000517.
- End of 2030 – Looking further ahead, Yummy should be listed on a number of centralized exchanges and be burning tokens en masse. This could push the token toward $0.00013.
Yummy Coin Coin Price History
When looking at the last few months, the Yummy price has had rather a lot of ups and downs. While this is natural for any financial asset, these moves have been exacerbated by the project’s team deciding to release a V2 version for the token in order to help stimulate growth.
From our Yummy coin price chart, we can see key moves since the project was released. The token migration took place during September 2021 so it’s important to take a look at its performance prior to this date to get a feel for what prompted the transition. While there were a few spikes, even positive news didn’t result in much momentum due to the project’s high liquidity.
For example, when Yummy announced a series of NIL deals, over $80,000 in revenue was generated. However, despite this, the Yummy price only increased by around 4% whereas the team predicts a similar announcement today could result in a movement closer to 25%.
Following the release of the V2 token in early September, the Yummy price began a rally, likely a result of people stocking up ahead of the V1 token burn. However, this momentum quickly deteriorated due to a market-wide downtrend, resulting in a slow decline over the following months.
In late February 2022, the migration grace period ended with any non-migrated tokens getting burned. This resulted in a sharp decrease in circulating tokens, boosting the Yummy crypto price by an enormous 115% over the next few weeks.
Yummy’s performance in 2023 has been less than admirable. After falling off in 2022, the token has faced a lot more downturn and is now trading in the $0.0000017 range.
Yummy Price History Summarized
Below, we’ve summarized events significant to the value of YUMMY spanning just over 12 months.
- May 2021 – Yummy Coin was founded as a staking platform
- September 2021 – Yummy Coin migrated from V1 to V2 with a 5-month grace period
- February 2022 – Migration period over, un-migrated tokens burned.
- February to March 2022 – The price of Yummy soars by 115%
- March to August 2022 – Yummy struggles amid market-wide turbulence
- January 2023- Yummy Coin has only seen a little action and the token still has shown no upticks despite the recent support Bitcoin has gotten.
Yummy Coin Crypto Price Prediction 2024
The overall sentiment towards the cryptocurrency market could play a significant role in determining the price of Yummy Coin in 2024. If there is widespread optimism and a bullish trend in the market, it could boost the demand for Yummy and drive up its price.
On the other hand, if there is a bearish trend, it could lead to a decrease in demand for Yummy and lower its price. Plus, any significant developments or updates to the Yummy platform could also impact its price. The overall adoption and usage of Yummy in the real world could drive its value as a utility token.
The project’s website doesn’t list any upcoming updates in 2024 that could impact the price of the token. The price action for the has been pretty mundane throughout the year, and we don’t expect any independent bull run for the token. Yummy Coin could potentially cross the $0.000002 mark in 2024, given the token is positively influenced by the overall market performance.
Yummy Coin Coin Price Prediction 2025-30 Prediction
Now that we’ve covered the immediate future, it’s time we take a look at where the Yummy price crypto could end up from 2025 to 2030.
Naturally, it’s much more difficult to offer an accurate prediction as we get further from the present. Therefore, for our 2025 and 2030 Yummy coin price prediction, we’ll be primarily building on previously mentioned factors.
By 2025, Yummy’s deflationary mechanics are likely to have got to work in a big way. There is a 9% tax on Yummy transactions with between 3-6% being allocated to burns or the growth fund, 3% going to holders, 0-1% to liquidity pools, and 0-1% to charity. Between the burns and allocation to the growth fund, this tax will likely increase the value of $YUMMY significantly.
The team is expecting the growth fund to get as high as $50 million which could result in a massive $14 million annualized burn. Naturally, this would all but force Yummy to increase in value.
Furthermore, the Team will eventually use EverOwn to essentially turn the project into a DAO. We’ll touch more on this later as it’s not expected for a good few years but it could certainly be a big help to the token’s long-term performance.
Considering the burn rate is likely to increase massively over the coming years, a fair estimate for the price of $YUMMY in 2025 would be a high of $0.0000517 and a low of around $0.00000879.
Yummy Coin 2030 Price Prediction
The story for 2030 remains similar. The primary force driving positive price change over the long-term for Yummy is its deflationary mechanics. If the growth fund and Yummy ecosystem can continue growing for 5 years, there’s no telling just how many coins could be burned.
However, for the project to continue growing, it will need to continue releasing new features. Thankfully, with a development wallet stocked with funds from transaction fees, as long it can keep increasing its user base, there’s no reason why Yummy can’t implement even more utility.
As we mentioned earlier, the Yummy team eventually plans to give holders power by utilizing EverOwn. This will effectively transform Yummy into a decentralized autonomous organization (DAO). Therefore, the community will be able to decide exactly what happens with Yummy and choose which features they like, something that could be instrumental in the project’s continued success.
By 2030, as long as the project continues to grow we’d expect Yummy to drop another zero at least, bringing the $YUMMY coin price to between $0.000092 to $0.00013. With Yummy featuring one of the most powerful deflationary mechanisms on the market, it’s one of the best low market cap crypto gems with huge potential.
Potential Highs & Lows of Yummy Coin Coin
Below, we’ve included an easy-to-reference table containing our Yummy coin price predictions between now and 2030.
Year | 2024 | 2025 | 2030 |
High | $0.0000055 | $0.0000517 | $0.00013 |
Low | $0.00001881 | $0.00000879 | $0.000092 |
What is Yummy Coin Coin Used For?
While we know that Yummy coin has a fair bit of potential as an investment vehicle, it’s important to understand what the token actually does.
Staking
Perhaps the most attractive aspect of the Yummy is its high-yield staking platform. The project offers multiple options for investors looking to earn interest on their crypto. The most simple is the Yummy Vault offering a 15% APR with a 90-day lock. However, more complex pools are also offered to investors involving leveraged tokens and offering returns upward of 3000%.
Charitable Donations
Another reason why Yummy has been attracting so much attention recently is its charitable efforts. A percentage of the tax generated from every transaction is immediately converted to BNB and stored. Then, once enough has been accumulated it will be donated. Later, users will be able to vote on which charity they would like to see receive the funds.
Partnered with Binance charity
NFTs
Lastly, Yummy is heavily involved in the NFT market. The team has released a collection called Yummy Dogs that provides holders with discounts on the Yummy platform as well as access to educational material. Later down the line, Yummy will launch an NFT marketplace to help bolster this sector.
What Drives the Price of Yummy Coin?
As with every asset on the planet, there is a multitude of factors that drive the price of Yummy. As there are too many macroeconomic elements that affect the price to count, we’ll instead focus on project-specific factors.
- Lowered Liquidity – With the reduction in liquidity caused by the Yummy V2 token, it’s now much easier for price move. As such, events likely exchange listings or tokens getting bought up will have a much greater impact on the price of the Yummy V2.
- CEX Listings – As Yummy is still a fairly young project with a small market cap, it’s only listed on one large CEX (ByBit). However, the team has announced that a series of listings are planned for the coming months. This will likely increase demand massively, boosting the price in a big way.
- Token Burns – Yummy has one of the most aggressive burn mechanisms in the industry. Thanks to this, the supply of Yummy is constantly decreasing. As the growth fund begins to build, the rate at which tokens are burned will increase dramatically. As such, it’s one of the most important long-term considerations for Yummy.
Is Yummy Coin the Best Coin to Buy in 2024?
While it’s true that Yummy is packed with potential and shows promise for the coming months and years, there are a few other projects that simply offer greater upside potential.
Investors are looking for cryptocurrencies that offer utility in addition to the potential for growth. Love Hate Inu (LHINU) is a meme coin that aims to provide a platform to vote on important issues and reward them for their participation.
Love Hate Inu will allow users to create memes and collaborate with other community members, creating a stronger sense of community within the ecosystem. LHINU ensures transparency and fairness as well as anonymity since it is based on blockchain.
Love Hate Inu’s ecosystem is built on one simple question – love it or hate it? The polls will cover social and political issues as well as entertainment-related topics.
LHINU is expected to become a big hit as it incorporates fun elements into the platform. Celebrities and politicians will be turned into memes, and popular brands will create sponsored polls that incentivize participation with branded metaverse assets and NFT discount codes.
The Love Hate Inu voting system is created to prevent spam and manipulation, ensuring a valid voting process for each user. The platform is user-friendly and easy to use, allowing anyone to join regardless of prior investment experience. The presale of LHINU tokens is currently underway, with 90% of the tokens being sold during the presale.
LHINU tokens are available to purchase at a discount and the price will continue to increase until the end of the presale and the tokens will be listed for $0.000145 on centralized exchanges. Get in now to make the most of this opportunity.
Conclusion
Throughout this guide, we’ve taken a detailed look at the past prices of Yummy coin, where it might go in the future, as well as what drives the token.
However, during our research, it became clear that Love Hate Inu offered more in the way of upside potential. It’s currently in presale, meaning an investor can get in early and secure the best possible price – but is close to selling out.
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