This article was last updated on August 15, 2022
Cryptocurrencies are all the rage lately, and for good reason. They offer a new way of handling finances and can be used to purchase goods and services online. One cryptocurrency that is garnering a lot of attention is Aurora (AURORA). Here we will explore some of the reasons why Aurora is worth monitoring, as well as our price predictions for it.
If you are interested in the crypto world but are also new to it, we suggest going through our dedicated “Crypto For Beginners” article. You will find all the necessary information to build a strong foundation. And if you already have a strong foundation, you will easily understand all things this article covers.
Let’s start by briefly exploring the Aurora project and seeing what it’s about.
Over the past week, the price of Aurora (AURORA) remained around $1.89. The circulation supply is 63 million tokens. The market cap went up to $119 million.
Table of contents
- What is Aurora (AURORA)?
- Can Aurora (AURORA) Reach $50?
- AURORA Price Prediction For 2022 – 2030
- Our Opinion On Aurora (AURORA)
- How To Buy Aurora
What is Aurora (AURORA)?
There are three main components to Aurora. These are Ethereum, dApps, and the NEAR blockchain. Aurora acts as a bridge for ETH users and dApps to easily connect and transition to NEAR.
Because of this, two main things can be done by Aurora users. The first one is to “Upload & Interact” with Solidity smart contracts on the NEAR blockchain. The second one is to move assets between Ethereum, Near, and Aurora, using the so-called “Rainbow Bridge“.
You might’ve noticed that Aurora’s main token is the ETH token. This is done to ensure users are familiar with the experience and developers are familiar with the possibilities of the network.
However, the blockchain also has its own AURORA token, which is the subject of this article. Additionally, it is a token that is used to ensure governance and proper upgrades to the internal protocol.
That is done through voting using the AuroraDAO (Decentralized Autonomous Organization), which includes representatives from different networks, ecosystems, and even crypto sectors.
Can Aurora (AURORA) Reach $50?
Aurora is a project that comes with a lot of utility. This is what many investors love about it. Owners are optimistic about the development of the network once the market stabilizes. That’s why so many believe the price will not only reach $50 but surpass its past glory.
However, let’s think about it for a moment. The current price of Aurora is around $1.5, far from its previous all-time high of $35.21. This means it will need a 33x increase to reach a price evaluation of $50. With a current market cap of $81 million, adding this multiplier will result in a new market cap of more than $2.6 billion.
This is perfectly doable once the market stabilizes and crypto sees more adoption. However, the tricky part is this. Is Aurora going to get good marketing? Is it going to bring enough utility for people to notice it? This is something only time will show.
We believe Aurora will reach $50 in the future, although things are quite tricky. Yet, there are many factors that can negatively impact Aurora itself, and the project might fail. However, we will leave such unpredictable speculations out of the way.
So what do we need first before AURORA reaches $50? First, we need to see market stabilization. This will happen after the military conflicts in Europe get resolved. Until then, the market will proceed to be chaotic and bearish. After that, we must wait until crypto becomes more believable and adopted by the general public.
Last but not least, people must take notice of Aurora. Otherwise, it will just be another forgotten crypto project.
And when is Aurora going to reach $50? It will take at least 6 more years, or even 7 if we are being conservative.
AURORA Price Prediction For 2022 – 2030
Aurora’s future price is difficult to predict as it relies on several factors, including the performance of the Aurora network, global economic conditions, and the price of other cryptocurrencies. However, if Aurora continues to grow as a network at its current rate, it is possible that the price evaluation for AURORA could easily start climbing back to the $10 mark by the end of 2022.
This would represent a somewhat significant increase from its current price of around $1.5, but would still be way below its all-time high of $35.21, reached in May 2021. While Aurora’s future price is impossible to predict with certainty, we are eager to share our analytical forecast with you.
Keep in mind that these are mainly speculations, although supported by facts and other somewhat solid factors. With that being said, let’s head on to the exciting part.
2022 Aurora Price Prediction
Some of the financial industry’s top names have lent their weight to Aurora’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrency.
According to that and to Aurora’s performance over the past year, it may achieve a tremendous boost by year’s end, unlike other significant coins like Bitcoin and ETH, and break through the $10 mark yet again, which will get it closer to its previous heights.
Of course, there’s the scenario that we experience further world conflicts that can affect the crypto market. In that case, we can expect AURORA to drop in price. No one can say for sure how low it may go, but we can easily see it dropping to around $0.52-$0.87.
2023 Aurora Price Prediction
Many analysts have made Aurora price predictions for 2023, and the general consensus is that the price of Aurora will continue to rise. This is based on a number of factors, including the increasing use of Aurora’s technology, the growing popularity of crypto, and the overall positive outlook for the global economy.
While it is impossible to say exactly what the price of Aurora will be in 2023, most experts agree that it has the potential to reach new heights.
More realistically, we can expect the price of Aurora to reach $13.22-$14.31 by the end of 2023.
2024 Aurora Price Prediction
If the growth for Aurora continues, we can easily see it getting massive adoption. Our price prediction for 2024 is as conservative as possible to avoid misguiding you.
We believe that by the end of 2024, the price of Aurora will reach at least $18.21. If we let ourselves be a bit more speculative, we’d raise it to $20.
2025 Aurora Price Prediction
According to many Aurora enthusiasts and their price predictions, AURORA prices may rise dramatically in the trading range between $26.04 and $29.25.
However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, AURORA price prediction as a cheap and convenient digital asset might become a reality.
For this scenario, we must also consider that the Aurora network can significantly expand and develop. In that case, prices may even go as high as $30, very close to its previous ATH, but that is quite ambitious.
As for a worse scenario, there are many things we cannot predict. Such is any global military, environmental, pandemic, financial, and other similar issues.
But let’s explore what we have at hand. If an Aurora competitor arises, things can definitely go south for Aurora. Another thing that can happen is if there’s any change in the network’s operation. This can include a change of CEO, developers, other team members, etc. If that happens, we can see the price of Aurora dropping by 50-70%, meaning it will go for about $21.12-$22.48.
2026 Aurora Price Prediction
Keeping our conservative approach, we won’t try to make ridiculous price predictions for Aurora. Although many believe that by 2026 the price of AURORA will be at least $35 and come very close to its previous ATH, we’d give a different value.
2026 is actually not too far away, but in terms of crypto, it is. We believe that Aurora will be evaluated at anywhere between $31.29 and $33.51.
2027 Aurora Price Prediction
As the years go by and Aurora continues its expansion and proves its utility, we can see it going for as much as $40, surpassing its previous all-time high. However, if we are being more realistic, the price might remain moving sideways, as that is a hefty growth.
By that, we mean that AURORA will be evaluated at around $38.19 – $39.98. We think the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.
2028 Aurora Price Prediction
In 2028, if Aurora comes out with new projects and experiences further adoption, we can see it potentially going out from the 40s and reaching a price of $42.18 – $45.03, coming close to the $50 mark. However, this is mostly optimistic.
On the lower end, we can see AURORA being worth around $42.84 while, on average, remaining at around $44.41.
2029 Aurora Price Prediction
For the last year of the decade, we believe that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.
As such, we think Aurora will be moving from around $50.12 to $53.29 easily, although we can also see it reaching the $60 mark.
2030 Aurora Price Prediction
Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about 8 years into the future.
Some experts have forecast that Aurora’s price could reach up to $66.95 by 2030. This would be a significant increase from its current price of around $1.5. However, it is important to remember that Aurora is growing, and so is its adoption rate, utility, and potential.
In addition, the current global economic situation could also lead to an increase in the price of Aurora, as more investors look to cryptocurrencies as a safe haven for their money. Only time will tell whether this price forecast comes true, but Aurora certainly seems to have a bright future ahead.
That is unless we see global frames in which cryptocurrencies have to operate in the future. What we mean here is that countries could start incorporating restrictions. There already are some countries like Qatar, China, Turkey, etc.
If that happens, we can see many of the tokens we all love and know drop down by a lot. This might even mean the end of cryptocurrencies as we know them.
For Aurora, if that happens, we can easily make a price forecast that AURORA can drop in value by 90%. To be more specific, this might mean a price evaluation of less than $2.84. On a brighter note, this is highly unlikely, even though not impossible.
Our Opinion On Aurora (AURORA)
Given the Aurora price today, we can make lots of speculations. However, when making a price prediction or looking at one, you must stay completely aware that most of the time, it is completely off.
Although we kept a conservative approach with our average forecast price, you should still take this prognosis with a grain of salt.
Aurora is certainly a great project with huge potential, which makes us believe that it will survive throughout the years.
Overall, although we believe Aurora will certainly be bullish and we believe in our speculations, we can never be certain.
How To Buy Aurora
Thanks to the token’s massive success and popularity, Aurora is listed on most major crypto exchanges and online trading platforms. Investing in crypto is not too complex, and you won’t have to go through a lot of unnecessary steps. Below we have provided an in-depth outline of the general steps you will need to take to invest in Aurora.
Choose A Crypto Exchange Platform
The first thing you will need to do is choose a crypto exchange platform that carries Aurora. Luckily, the token is quite popular and is present on most major platforms like eToro, Binance, Coinbase, Bitstamp, and Kraken.
Create An Account
After you have chosen your trading platform, you will need to create an account if you don’t already have one. This process is usually pretty straightforward and usually takes only a couple of minutes. However, you will need to provide personal information such as full name, date of birth, email address, etc.
Verify Your Account
Once you have set up your account, you will also need to verify your identity. This process is a bit lengthier and requires some additional information. Generally, the platform will require that you provide copies of your photo ID, proof of address, and other documents. This is in accordance with Know Your Customer (KYC) laws which aim to prevent fraud.
Deposit Fiat Currency
Next, you will need to deposit funds into your account. You will use these to purchase AURORA coins. The amount you can deposit will depend on the crypto exchange platform you are using and the number of coins you wish to purchase. Each platform will support different payment methods and have varying minimum requirements.
Once you have supplied your account with sufficient funds, you can purchase your AURORA coins. Head over to the markets or crypto exchange section of your platform and search for the AURORA symbol. Once you have found Aurora, place an order for as many tokens as you would like to buy. Alternatively, you can input how much fiat currency you would like to spend, and the system will show you how many tokens that translates to.
(Optional) Move Your Aurora Tokens To An External Wallet
Once you have purchased your Aurora, you have the option to move it to an external third-party wallet. While you can easily store your cryptos in your exchange profile, a dedicated wallet is much more secure. Most platforms allow you to easily transfer your cryptos by linking a dedicated wallet to your exchange account. Alternatively, you can do it manually by transferring them to your wallet’s public address.
Taking all of the above into consideration, it would appear that AURORA is a very promising investment. The price predictions for AURORA are exceptionally positive, and the coin does have a lot of potential.
Of course, as with any investment, there is no guarantee that AURORA will reach the predicted price points. However, if you are looking to invest in cryptocurrency, AURORA is definitely worth considering.
There aren’t too many AURORAque projects that have been coming out these days. Most are looking to give solutions to problems that do not exist. Others are looking to create problems in order to give solutions to irrelevant sectors of the crypto market.
That is definitely not the case with Aurora. The network will definitely keep growing and expanding its adoption. Even if the general public does not take better notice of Aurora anytime soon, huge companies are already working hand in hand with Aurora to better their operations. We will keep an eye on the development of Aurora and how it performs. Its potential, in tandem with our price predictions, makes us keen to see what lies in the future for Aurora.