Is PERP Token Worth Investing? Perpetual Protocol Detailed Analysis & Review in 2022

Share This Post

In this article, we are going to do our analysis and review of Perpetual Protocol. This is what will be covered in this article:

  • What’s a Perpetual Protocol?
  • What Makes Perpetual Protocol So Special?
  • Founders, Team, and Roadmap of Perpetual Protocol
  • Perpetual Protocol Price Forecast and Growth Potential for 2022 and Beyond
  • Tokenomics: Perpetual Protocol
  • Perpetual Protocol — Final Conclusion.

Today, In this article we are going to review Perpetual Protocol. This analysis and review of Perpetual Protocol is completely based on the fundamentals as mentioned above. Make sure to share and read the whole article to understand our analysis of  Perpetual Protocol

There are more than 19,000 cryptocurrencies in the market today. It’s very difficult for newcomers to crypto to decide which crypto to invest in and which to avoid. That’s why we are going to review Perpetual Protocol today.

Fundamentals is Indeed the Most important Thing for a project, Everything else comes after that. Whether it be technical analysis or price predictions. We have done other altcoins reviews of other crypto as well, check it out here.

So, let’s begin


What’s Perpetual Protocol all about?

Perpetual Protocol uses a virtual automated market maker, or vAMM, to provide on-chain liquidity with predictable pricing that is based on continuous product curves. When it comes to Perpetual Protocol’s virtual Asset Matching Mechanisms (vAMMs), they are not only collateralized but also market-neutral.

Ethereum and xDai futures are traded on the Perpetual Protocol decentralized cryptocurrency market (DEX). More and more assets are available for traders to use up to 10 times the standard leverage. In addition to Bitcoin, ETH, DOT, SNX, and YFI, there are a number of additional cryptocurrencies in this group. This kind of trading takes place on the blockchain and is non-custodial, which means that participants always retain full ownership of the assets they exchange.


Overview of the Perpetual Protocol platform’s features

Below are some main uniqueness and Features of Perpetual Protocol Platform –

  • As part of the “Perpetual Protocol” initiative, an open platform for exchanging “perpetual contracts” is being developed.
  • Users must be able to conduct transactions with little slippage and high liquidity in order to accomplish this aim.
  • Perpetual Protocol’s vAMM solution addresses this problem.
  • The Perpetual Protocol, a regulated trading approach, does not follow the order book paradigm.
  • Due to the vAMM’s ability to monitor all transactions and automatically restore the system’s equilibrium, liquidity swaps are no longer required.
  • Since the Perpetual Protocol uses USDC to settle all transactions, all transactions are settled in USDC as well.

Ratings

  • Concept – Great
  • Fundamentals – Strong

Summary

Perpetual Protocol is a solid project based on ethereum Blockchain and is building a on-chain perpetual DEX platform with multiple usecases which is the uniqueness of Perpetual Protocol Platform. The fundamentals look solid for Perpetual Protocol and it has great potential for growth in 2022 and beyond. Perpetual Protocol has huge potential and industry is continously growing which Perpetual Protocol is building on as well.


Founders, Team, and Roadmap of Perpetual Protocol

It was created by two Taiwanese bitcoin entrepreneurs, Yenfen Weng and Shao-Kang Lee, who came up with the idea for Perpetual Protocol in 2013. During the year 2020, the firm received a seed round headed by Multicoin Capital, which totaled $1.8 million.

Perpetual Protocol has a fantastic team on board, and it has received support from a number of exchanges, including Kucoin, Gate.io, and many others.

Perpetual Protocol has experts on their team who are developing the Platform which has the potential to have exponential growth in the future.


Perpetual Protocol Price Forecast and Growth Potential for 2022 and Beyond

Perpetual Protocol has a lot of potential for upcoming upgrades and developments in 2022 and upcoming years as well due to the fundamentals of 1eco Token.

Zee Prime Capital, Multiarrows Capital, CMS Holdings, Binance Labs and Alameda Research, which is also an important partner of FTX, are some of the well-known investors that support the Perpetual Protocol project.

While we believe that Perpetual Protocol has great fundamentals. the price of Perpetual Protocol trading at support levels and the price potential in upcoming years is huge due to the previous history Of Perpetual Protocol the upcoming years looks great for Perpetual Protocol.

Perpetual Protocol is a solid crypto which has the potential to grow in the long term. Have a look at the image above for a more detailed price chart.


Ratings

  • Team – Great
  • Roadmap – Strong

Summary

Perpetual Protocol has been backed by many crypto partners in Crypto Industry and is bulding  a unique DEX with deep liquidity platform which has it’s own uniqueness with huge Market and Potential for Growth. the future looks great for Perpetual Protocol token because of strong fundamentals. While small corrections are expected in the short term, no major corrections are expected in the long term, leaving Perpetual Protocol bullish for upcoming years.


Tokenomics

Perpetual Protocol is currently trading at about 1.31 USD and is up around 3.53% in the last 24hrs with a volume of around 2,18,98,856 with a market cap of 10,03,57,447

The total number of Perpetual Protocol coins in circulation is 7,64,75,000. Perpetual Protocol, while the total number of coins in circulation is unknown.


Overall Ratings

  • Concept – Great
  • Fundamentals – Strong
  • Team – Great

Final Thoughts & Conclusion

Perpetual Protocol has great fundamentals and with real world use cases of the Perpetual Protocol platform. Perpetual Protocol has also been backed by many top crypto players and with uniqueness in Perpetual Protocol Platform why we believe it has everything that leads to a successful cryptocurrency in the market. With upcoming advancements and upgrades, Perpetual Protocol has the potential to grow exponentially in the upcoming months and years. Based on our research and analysis, we expect Perpetual Protocol to perform well in upcoming months and years.

Important Note

It’s very important to understand that Bitcoin and overall market sentiments and trends determine the price movement of most cryptocurrencies and altcoins in the market. The price prediction for  Perpetual Protocol in this article is based on the assumption that the Bitcoin price and the overall market will grow positively in the future. If Bitcoin and the overall crypto market go down, Perpetual Protocol will probably also follow the market trend. However, the fundamentals do look great for Perpetual Protocol

Follow Cryptonks On Social Media


FAQs


Where to Buy Perpetual Protocol ?

Currently, the best exchanges to buy Perpetual Protocol are, Bittrex. Perpetual Protocol is available on many well known crypto exchanges.


Is Perpetual Protocol a Good Investment for 2022?

Based on our analysis, Perpetual Protocol is expected to perform great in 2022 and upcoming years as well.


Price Prediction for Perpetual Protocol in 2022?

Based on fundamentals, the Perpetual Protocol price is expected and have the potential to hit 2$ in 2022.


Price Prediction for Perpetual Protocol in 2023?

According to fundamentals, the Perpetual Protocol token is expected and have the potential to reach 6.1$ in 2023.


Price Prediction for Perpetual Protocol in 2024?

Perpetual Protocol is expected to and have the potential reach 10.33$ in 2024, according to fundamental analysis.


Price Prediction for Perpetual Protocol in 2025?

Perpetual Protocol is expected and have the potential to reach 22.155$ in 2025, according to fundamental analysis.


Disclaimer

This material is primarily for the aim of educating the reader. It does not constitute a formal offer to buy or sell anything, nor does it constitute a recommendation or endorsement of any specific products, services, or enterprises. Cryptonks.com does not provide any financial, legal, or accounting advice to its visitors. Neither the firm nor the author shall be liable for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in this post, whether directly or indirectly, whether in contract or tort (including negligence). Viewers should perform their own research before making any type of investment in a cryptocurrency.