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Audius Fundamental Analysis

Audius Fundamental Analysis

AUDIO is a token powering Audius network — a decentralized music streaming and sharing service. Audius was launched in 2019 and by late 2021 has attracted an impressive bunch of partners and sponsors.

Since the advent of streaming services (or even the whole modern music industry), the artists’ compensation for their work has been a hot topic. The artist traditionally gets only a small part of their music’s revenue, which doesn’t seem fair, since they are the one with the talent.

Enter the blockchain technology: as it’s maturing, it’s becoming increasingly obvious that this technology could serve the artists and listeners alike — for one, it could rectify the revenue distribution imbalance in the music industry. So, Audius was born. The network’s architecture, simplified, consists of:

  • Content nodes — the nodes hosting and sharing content with the artists’ permission;
  • Content ledger — to keep all the information about artists’ content, their rights and other data, put there straight by the source and tamper-proof;
  • Discovery nodes — the nodes keeping the index of content and metadata, and responding to queries.

To run a node, one has to stake the network’s native AUDIO coin, getting a percentage of the network fees in return. AUDIO crypto can also be staked to unlock extra features within the network or as a governance token.

Audius Price Chart

Audius crypto price went through the same surge as the crypto market as a whole during the first half of 2021. That bull run has culminated in Audius price reaching an all-time high of $4.99 in late March. However, for most of the summer, AUDIO’s price barely broke above $1, which was a far cry from the better times.

All this changed as Audius announced its partnership with TikTok in mid-August. The social powerhouse has proved its reach once again, and the AUDIO crypto price shot up more than 2x in just two days, hitting $4.02 at one point.

Since then, the AUDIO token’s price has had its highs and lows, but there are some cards in the Audius team. For example, in mid-September, the information that Katy Perry, Nas, and Jason Derulo are investing in Audius buoyed the token’s price back to ~$3 after a slump. Such smart management decisions are, no doubt, influencing the Audius predictions — as experts seem to be enamored with the coin at the moment.

Audius Price Chart

Audius Technical Analysis

Since Audius’ price surge mid-August 2021, the coin has been trading in a flag pattern, not quite managing to break out of it and make all the optimistic Audius price predictions come true. On the other hand, the token’s price hasn’t descended below the flag “handle” yet, which indicates that the trend reversal may well be expected still.

There are worrying signs, though — for example, the developments of September 16–20 may well play out as a double top, especially since ~$2.6 level has previously shown itself as support several times, so the price going below it would serve as a confirmation. This possibility should be considered while watching the next price moves — to find out whether AUDIO coin price predictions are right.

Audius Price Prediction

Below we have collected the most reliable price projections for Audius (AUDIO) from popular forecast platforms.

#1. WalletInvestor AUDIO Price Prediction for 2021, 2023, 2025

According to WalletInvestor, Audius price will grow from $1.986 to $4.420 in one year. That makes AUDIO an awesome investment. The long-term earning potential is 122.56%. Predicted price for the end of 2026 is $13.005.

#2. TradingBeasts AUDIO Price Prediction for 2022

Answering the question about if Audius is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $1.92180 with a growth to $2.44446 by the end of 2022.

#3. DigitalCoin AUDIO Price Forecast for 2021, 2022, 2023, 2025

In DigitalCoin analysis, the price of Audius cryptocurrency will rise in the next 5 years starting from $2.04213 as of today’s price to $7.2267943. It will go up to $3.3292856 by 2022 and continue its growth in 2023–2024. Based on this forecast, Audius is a profitable long-term investment.

Summary

As it can be clear from the analysis cited above, Audius (AUDIO) projections are rather contradictory. There is no universal consensus either about positive or negative future AUDIO price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Audius projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

FAQ

Can Audius reach $100?

No, it’s unlikely that Audius can reach $100, as even with the price hovering around $3 this coin is in the first hundred cryptocurrencies by market cap, which is a great position. There are no Audius token price predictions that would put its price around $100, and for a good reason, otherwise, its market cap would eclipse the most established players (as well as some of the world economies).

What is the Audius coin?

Audius coin (AUDIO) is a utility and governance token on the Audius platform — a decentralized, music-focused blockchain project. It helps the listeners and the artists connect and share the music without the number of third parties typical for the music industry. In addition to an attractive use case, Audius coin price predictions are quite positive, which is a factor in it becoming more well-known.

Is Audius a good investment?

Yes, Audius is a good investment, according to AUDIO crypto price predictions. Almost all of them are great — for example, some Audius price predictions for 2025 put its price between $9 and $15 at that point, which is 3x-5x growth compared to today.

Should I invest in Audius?

Yes, you should invest in Audius, if your risk tolerance allows investing in crypto. Besides having a great idea that may revolutionize the music industry behind it, Audius also has some very attractive prognoses by the crypto experts: some AUDIO price predictions for 2025 expect it to break, $10 easily by that time.

Will Audius go up?

Yes, Audius will go up, as many of the experts agree. Audius price predictions for 2021 are modest but still are mostly keeping in the ~$3-$5 range, but more long-term forecasts put it above $9 or even higher.

Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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