In this guide, we will voice our own and market’s opinion on PERP future while discussing Perpetual Protocol price forecast for 2024 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Perpetual Protocol.
Now, let’s head into it. Before we delve deep into the Perpetual Protocol price prediction and answer questions if PERP is a good investment or not, why will PERP succeed or fail or why will Perpetual Protocol price rise or drop, let’s quickly throw a glance at what is PERP and its to date history.
Our PERP price forecast suggests the token price will be around $0.6264 in the next 90 days.
👉 Perpetual Protocol Price Prediction 2024
Our PERP price forecast suggests the token price will be around $2.75 in 2024.
👉 Perpetual Protocol Price Prediction 2025
We predict the Perpetual Protocol price to hover around $4.26 in 2025 based on our analysis.
👉 Perpetual Protocol Price Prediction 2026
In 2026, we expect the Perpetual Protocol price to be approximately $4.99 according to our price prediction model.
👉 Perpetual Protocol Price Prediction 2027
Our PERP prediction indicates the token price will be in the vicinity of $6.27 in 2027.
👉 Perpetual Protocol Price Prediction 2028
For 2028, we forecast the PERP price to be around $7.55 given current trends.
👉 Perpetual Protocol Price Prediction 2029
Looking ahead to 2029, we estimate the Perpetual Protocol price will settle around $8.83.
👉 Perpetual Protocol Price Prediction 2030
Our PERP price prediction suggests a token price of about $9.16 by 2030 based on projected growth.
What you'll learn 👉
What is Perpetual protocol?
Perpetual Protocol (PERP) is a DeFi (decentralized finance) platform offering leveraged trading via perpetual futures. Founded in 2020 by Yenwen Feng and Shao-Kang Lee, it utilizes the Ethereum-based Optimism layer 2 scaling solution (L2) for its operations.
The protocol enables trading of perpetual futures on its decentralized exchange (DEX) through the Optimism layer 2 solution. It allows traders to amplify their exposure to cryptocurrency assets, offering the potential for higher profits but also greater risks.
Operating as a non-custodial platform powered by smart contracts on the Optimism layer 2 blockchain, Perpetual Protocol ensures users retain full control over their funds. Leveraged trades are facilitated through smart contracts with predefined functions.
Perpetual Protocol incorporates Uniswap’s automated market maker (AMM) system for executing trades. Participants can deposit funds and contribute to market liquidity in various cryptocurrencies like BTC and ETH, earning a share of the platform’s fees for enhancing market liquidity.
PERP, an Ethereum-based ERC-20 token, is integral to the platform, serving in rewards distribution and community governance. By locking PERP in a smart contract, holders can earn protocol rewards and a share of trading fees.
The platform imposes a 0.1% trading fee on each transaction, which currently supports a separate insurance fund. This fund covers potential deficits from failed liquidations or funding payments from the vAMMs. In the future, 50% of these trading fees are planned to be distributed to PERP token holders.
PERP Price Prediction For The Next 90 Days
Following the landmark approvals of Bitcoin ETFs in early 2024, there has been a surge in interest from both retail and institutional investors. This could be a game-change for crypto. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative finish of the year. At least this is what crypto traders hope for. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Now, attention is turning towards post-halving rallies, with the BTC halving and ETH ETFs now well behind us. Ripple was also fined to pay $125 million to SEC based on the most recent ruling decision. This is considered as another victory for XRP. Bitcoin has almost tripled in price since last summer, with the upcoming US elections expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $95-100k now after hitting an all time high of around $107k in mid-December. Ethereum also had its own ETFs approved by SEC. The ETH price is currently around $3,300 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the peak of the bull run will happen in mid-2025, bolstered by the recent ETF approvals, historical post-halving rallies and typical 4-year cycles. Some of the hottest sectors last year were memes, RWA and AI projects.
Below is a tabular overview of how will PERP develop in the short-term (for the next 90 days), according to our prediction model:
Perpetual Protocol Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced during the summer. However, the BTC price again had a strong rally in late 2024 and hit an all time high of over $107k in December. Total market capitalization is currently at around $3.25 trillion (it was around $1 trillion in June 2023).
Bitcoin halving happened in April and historical data tells us the BTC price starts to rally 6-12 months after the halving, so we are in that period now. Ethereum ETFs are now also a done deal.
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies.
All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
PERP Price Prediction 2025 – 2030 – 2040
Our prediction model sees PERP reaching new highs in 2025:
$4.26PERP price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.
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