OST is a cryptocurrency built on the Ethereum platform. OST has been listed on several cryptocurrency exchanges. Meanwhile, unlike other major cryptocurrencies, it cannot be purchased directly with fiat currency. However, you can still purchase this coin by first purchasing Ethereum on any fiat-to-crypto exchange and then transferring to an exchange that trades OST.
In this article, we will walk you through the steps of purchasing OST in detail.
What is the OST (OST) Coin? OST explained
The Ethereum Application Layer allows developers to seamlessly integrate Ethereum wallets into mainstream applications to take advantage of zero-fee microtransactions. OST is a blockchain startup whose mission is to be the technology partner of choice for any business, allowing them to build, launch, and manage its own branded token.
The core technology underpinning the token and all legal requirements, such as Know Your Customer (KYC), are handled by OST.
The developers say OST will be the blockchain equivalent of Stripe or Amazon Web Services (AWS). OST’s technology allows any firm interested in a tokenized economy to avoid the hassles of an ICO and instead easily brand, integrate, and manage their tokens/currency in their apps.
OST (OST) price history & monthly technical outlook
At the time of writing this, OST is trading at $0.0.001851, and it’s currently trading on three active markets, with a 24-hour trading volume of $50,760.74. In the last seven days, the price of OST has dropped by 13.08 percent.
With a live market cap of $1,413,262, the current market ranking is №1632. The total supply of OST is 800,000,000, with 762,469,094.5274183 currently in circulation.
OST’s price has dropped by -77.8 percent in the last month, deducting a staggering average of $0.007 from its current value. This rapid drop indicates that the coin is currently in a bear market, providing an excellent buy opportunity for a quick profit.
The price has ranged from a low average of $0.010 to a high average of $0.010 in the last 90 days. This represents a -81.44 percent swing. The price of OST has dropped by -79.10 percent in the last four months, with the highest average price being around $0.007 and the lowest average price being around $0.007
OST (OST) fundamental outlook
Demand is the first thing that comes to mind. The higher the price, the higher the demand; conversely, the lower the price, the lower the demand. As a result, the crypto market is driven by volatility. Crypto bans and new restrictions continue to worry cryptocurrency users. Yes, concerns about a crypto ban impact all crypto coins, including OST. In the meantime, the network’s collaborations and developments impact its price.
OST has tremendous potential, and with the right collaborations and developments, the number of users and adoption might skyrocket. If the market focuses on investing in OST, the price could rise. Another factor that determines the cryptocurrency price is the cost of production. Miners create new tokens and validate new network transactions using specialized hardware or servers every day. In addition, minors are paid with virtual tokens and a network fee for their efforts.
Many governments dislike cryptocurrencies because of their decentralized and unregulated nature, which significantly impacts the cryptocurrency market. The digital asset value is known to fluctuate due to social media excitement. It also works in other ways, as news can lower or raise prices. People who are important in the crypto world, like Elon Musk, can also affect the value of the DOGE coin, even if they don’t mean to.
- OST has been on a lot of cryptocurrency exchanges, but it can’t be bought with money from your bank account. This is different from other major cryptos, which can be bought with cash.
- The OST coin was first traded on December 19th, 2017. It has a total supply of 800,000,000.
Will the OST coin price reach 1 USD?
OST and other cryptocurrencies are highly volatile, and their values can fluctuate dramatically at any time. Many organizations and professionals predict that the price of OST will rise over the next five years, hitting $0.011 by 2025. But, of course, you never know, even if the price appears to be a bit high.
In 10 years, the price of OST has a far better probability of rising to $0.068. Within the next 8 to 10 years, the value of one OST could exceed a minimum of $0.066 and a maximum of $0.081. As a result, in the next ten years, there is little probability that the OST coin will exceed $1.
OST (OST) price prediction 2022
Our technical analysis of past OST price data shows that its price is expected to reach a minimum of $0.003 in 2022. With a trading price of $0.003, the OST price can reach a maximum of $0.003.
OST (OST) price prediction 2023
The price of OST is expected to plummet to $0.004 in 2023. The OST price could reach a maximum of $0.005 in 2023, with an average price of $0.004.
OST (OST) price prediction 2024
According to the forecast price and technical analysis, the price of OST is expected to reach a minimum of $0.006 in 2024. With an average trading price of $0.006 and a maximum price of $0.007, the OST price can reach a maximum of $0.007.
OST (OST) price prediction 2025
The price of one OST is expected to drop to $0.009 by 2025. The OST price could reach a high of $0.010 by 2025, with an average price of $0.009.
Top 3 questions & answers about OST
Will the OST coin crash?
No, OST has huge potential, and with the right collaborations and developments, the number of users and adoption might increase. However, if the market focuses on investing in OST, the price could surge.
Will OST increase rashly?
A long-term currency investment could prove to be quite profitable. If all goes well, it’s expected to reach an all-time high in the following several years. Many platforms and analysts believe that the price of OST will continue to rise over the following five years, hitting $0.011 by 2025.
Will OST overtake BTC?
Altcoins continue to grow in popularity, with thousands of them in existence, while no single coin will overtake Bitcoin as the leading cryptocurrency for the time being.