AION Coin Price Prediction
Aion coin is unique multi-tier blockchain system that aims at solving the scalability, privacy and interoperability problems of earlier blockchains. Notably, Aion coin is self-described as a Blockchain 3.0 coin. In this regard, Bitcoin and Ethereum are the original and 2.0 versions respectively.
The Aion foundation built the Aion network. Accordingly, the aim of the Aion network is to build the inter-chain infrastructure necessary for further blockchain development. Matthew Spoke is the leader of this project with an able team across four countries to bring their vision of blockchain interoperability to reality.
About Aion Coin
The Aion network essentially seeks to become the common blockchain protocol for a new crop of efficient decentralized systems. In other words, Aion is like the internet of blockchains. Unlike other blockchains which serve specific ends, Aion bridges blockchains to create a business use case.
In a nutshell, the Aion network makes it possible for dissimilar blockchains to communicate.
Aion Coin serves as a connecting network while at the same time facilitating inter-chain transactions. You can purchase the coin on exchanges like Binance and CoinSwitch and store it on any Ether wallet. For safer storage, use hardware wallets like Ledger Nano S.
Price Forecast for Aion Coin
Aion coin hit exchanges in October 2017 at a price of about $0.61. The general bull market in the subsequent months boosted prices eventually hitting $11.10in early January 2018.
What followed was a decline in the opposite direction through much of 2018 with prices of about $0.44 at the time of writing. Essentially, the prices went full circle with the current rate just below where it all began.
How high is the Aion coin price likely to go next? Clearly, the price of this coin is inextricably linked to general coin prices. Accordingly, projections hinge on the general success of coin markets. Coin prices will probably not have the incredible rally of late 2017. This is because recent trends in the coin market show no indication of such a dramatic uptick.
This means that Aion Coin prices will most likely not exceed the $1 mark in the short-term, at least not by the end of 2018.
That said, this is a conservative estimate and a strong bull market could surpass expectations.
In summary, the Aion network is a great project with a solid product and strategy. This fact may be the key to future growth and sustainability. Nevertheless, a prudent investor would only invest what they can afford to lose.