Audius (AUDIO) coin Price Prediction 2024, 2025, 2030, 2040 - Can Audius reach $100?

Today, we will embark on an immersive exploration into the dynamic realm of Audius (AUDIO), a cryptocurrency that harmonizes the worlds of blockchain technology and the music industry. Together, we will uncover the key features, from blockchain-powered decentralized storage to a governance structure that places decision-making in the hands of the community. This Audius coin price prediction for 2024, 2030 and 2040 not only delivers valuable information, but also delves into the origins, distinctive features, and technological intricacies that set AUDIO apart. From its inception as a decentralized music-sharing and streaming platform, AUDIO has charted a course towards revolutionizing the music landscape. Our journey will traverse the vision behind Audius, empowering artists and listeners by eliminating intermediaries and fostering a decentralized, censorship-resistant musical ecosystem.

Disclaimer: SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

AUDIO Overview

What Is Audius (AUDIO)? 

Audius is a decentralized music streaming protocol that aims to give artists and fans more control over their music. Audius allows artists to upload, distribute, and monetize their music without intermediaries, and gives fans access to exclusive content and features. 

The Audius token (AUDIO) is the native cryptocurrency that powers the Audius protocol. It serves three main functions in the Audius ecosystem: securing the network, acting as a governance token, and giving access to exclusive features and content. Keep on reading to learn more about it. 

Some of the features of Audius include:

1. High-quality audio streaming powered by a network of node operators
2. A native token (AUDIO) that is used for governance, staking, and rewards
3. A protocol that enables anyone to build applications on top of Audius
4. A community of over 6 million monthly active users and 200,000 artists
5. A diverse catalog of music genres, including electronic, hip-hop, indie, and more.

Audius’s rivals

Audius faces competition from both centralized and decentralized music platforms. Some of the alternative coins with links to the pages of these coins are:

1. Spotify (SPOT): The leading music streaming service with over 365 million monthly active users and 70 million tracks. Spotify offers a freemium model, premium subscriptions, and podcasts. 
2. SoundCloud (SOUNDC): A popular platform for independent artists and creators to upload, share, and discover music. SoundCloud has over 250 million monthly active users and 200 million tracks. SoundCloud offers a free tier, a premium tier, and a creator subscription. 
3. Opulous (OPUL): A decentralized platform that connects artists, fans, and investors through music NFTs and DeFi. Opulous allows artists to tokenize their music and raise funds from investors, while fans can collect and trade music NFTs. Opulous also offers a music copyright registry and a peer-to-peer lending protocol. Opulous
4. Audiotarky (ATKY): A decentralized platform that aims to create a fair and transparent music ecosystem. Audiotarky allows artists to upload, distribute, and monetize their music using blockchain and smart contracts. Audiotarky also offers a social network, a music discovery engine, and a governance token. 

The Foundation of Audius

In order to understand where the price might go in the future and the audio token price prediction, it’s worth first exploring the beginnings. Audius was founded in 2018 by Roneil Rumburg and Forrest Browning, who are both serial entrepreneurs and music enthusiasts. They were inspired by the vision of creating a more open and democratic music industry that benefits both artists and fans. They assembled a team of engineers, designers, and music industry experts to build Audius.

Audius launched its beta version in September 2019, attracting over 30,000 users in the first month. Audius also partnered with several prominent artists, such as deadmau5, 3LAU, and RAC, to showcase their music on the platform. Audius released its mainnet and governance token (AUDIO) in October 2020, enabling users to participate in the network and earn rewards. Audius has since grown to become one of the largest decentralized applications, with over 6 million monthly active users and 200,000 artists.

How does Audius work?

Audius functions like a music co-op, with the token aligning incentives across the three constituent groups that make the network work: node operators, artists, and fans. Since Audius is based on blockchain, it operates through a decentralized network of nodes that host content (content nodes) and index that content (discovery nodes).

Audius offers high-quality audio streaming powered by a network of node operators. The native token (AUDIO) is used for governance, staking, and rewards. The protocol enables anyone to build applications on top of Audius. The platform has a community of over 6 million monthly active users and 200,000 artists, and offers a diverse catalog of music genres, including electronic, hip-hop, indie, and more.

Audius Token Functions

The Audius token (AUDIO) is an ERC-20 token that serves multiple functions on the Audius platform, such as:

Governance

AUDIO holders can vote on proposals and upgrades that affect the Audius protocol and community. They can also delegate their voting power to other users or nodes.

Staking

AUDIO holders can stake their tokens to run nodes that provide services to the Audius network, such as content hosting, discovery, and streaming. Stakers can earn rewards in AUDIO and fees in stablecoins.

Rewards

AUDIO holders can earn tokens by contributing to the Audius network, such as uploading music, curating playlists, and referring new users. Rewards are distributed based on the user’s activity and engagement.

Audius Development Roadmap

In order to better understand what the future holds for Audius, it’s a good idea to look into the plans, Audius roadmap and announcements of the company itself. Audius has a busy next few years planned, with milestones and stages already identified. Some of the main points are:

1. 2024: Launch of stablecoin integration, which will enable artists to offer paid content and subscriptions on the Audius platform, as well as receive royalties and tips in stablecoins. Stablecoins will also provide more stability and liquidity for the Audius ecosystem.
2. 2025: Launch of arbitration system, which will enable the community to resolve disputes and enforce policies on the Audius platform, such as content moderation, copyright infringement, and fraud. Arbitration will also ensure fairness and transparency for all parties involved.
3. 2026 and beyond: Continuous improvement and innovation of the Audius protocol, such as adding more blockchains, integrations, features, and partnerships. Audius will also aim to grow its user base, artist roster, and node network, as well as foster a vibrant and diverse community.

Where and how to buy Audius crypto?

If you wish to buy the asset after you read the Audius coin price prediction, you can purchase it via SimpleSwap or any other trusted crypto exchange. To become an owner of AUDIO through SimpleSwap, follow the easy steps below:

1. Select the cryptocurrency you would like to exchange (for instance, Bitcoin).
2. Enter the amount you want to swap.
3. Choose AUDIO in the second drop-down list (the crypto you would like to receive). You will see the estimated amount that you will get after the exchange.
4. Click the Exchange button.
5. Enter the Recipient's Address. AUDIO will be sent there. Please ensure you enter the right address.
6. Create the exchange.
7. You will see the BTC deposit address. You have to transfer the necessary sum of BTC to this address to start the exchange. After that, wait for tokens to reach your wallet.

After you’re done, you will become an owner of the AUDIO tokens. If you’re interested in any other crypto, you may follow the same instructions to purchase it.

Audius Price Chart

Here is the current statistics on Audius:

*Information given above as of March 26, 2024

Audius Price Technical Analysis 

On the daily timeframe, Audius (AUDIO) has formed a triangle pattern. At present, AUDIO is trading slightly above the point of control level and a support zone that aligns with the 200-day moving average. The closest resistance level for AUDIO is located at $0.2934. Additionally, the RSI indicator on the daily timeframe indicates a neutral sentiment.

AUDIO Technical Analysis. Source: TradingView

Audius Price Forecasts Comparison 

Different forecast platforms have provided their views on the potential future price of AUDIO:

SwapSpace: “By 2030, AUDIO price can hit $0.23105871573999.”

Coincu: “According to our long-term Audius price prediction, the price of AUDIO will reach an average of $4.52 by the end of 2024, rising to $7.77 by the end of 2025 and $20.22 by the end of 2030.”

PricePredictions: “The price of Audius is predicted to reach at a minimum level of $3.37 in 2030. The Audius price can reach a maximum level of $3.84 with the average price of $3.46 throughout 2030.”

Here is the comparison table outlining the Audio coin price prediction given by these platforms:

*Information given above as of March 26, 2024.

Currently, Audius forecast doesn’t suggest that AUDIO will approach the $10 mark in the near future.

Based on the price predictions from SwapSpace, Audius (AUDIO) is expected to exhibit modest growth over the next decade, with a valuation of $0.15722390 in 2024, increasing to $0.44081225 by 2025, but dipping slightly to $0.29141367 by 2030.

Coincu, on the other hand, paints a more optimistic picture, forecasting a higher price trajectory for Audius. According to Coincu's projections, AUDIO is anticipated to be valued at $4.52 by 2024, rising to $7.77 in 2025, and reaching $20.22 by 2030.

Meanwhile, PricePredictions presents a more conservative outlook, estimating Audius to be priced at $0.3611 in 2024, $0.5247 in 2025, and $3.46 in 2030.

These differing predictions suggest varying levels of confidence in Audius' growth potential, with Coincu being the most bullish, SwapSpace taking a more moderate stance, and PricePredictions adopting a cautious approach. Investors should consider these forecasts alongside other market indicators and conduct thorough research before making any investment decisions.

Audius (AUDIO) Price Forecast 2024, 2025, 2030, 2040

*Information provided as of March 26, 2024.

Audius (AUDIO) coin price prediction 2024 

AUDIO crypto price prediction will depend on the overall conditions on the crypto market and platform’s popularity among users. In case of a bull market, AUDIO price prediction 2024 is around $0.518.

Audius (AUDIO) crypto price prediction 2025 

In 2025, Audius (AUDIO) could see further growth driven by favorable market conditions and increasing adoption by both musicians and listeners. Our AUDIO price prediction 2025 is $2.12.

Audius (AUDIO) crypto price prediction 2026

In 2026, the price of Audius (AUDIO) may potentially increase to $4.11, driven by an influx of new users to the platform and growing demand for AUDIO as the main utility token.

Audius (AUDIO) coin price prediction 2030 

The projected AUDIO price for 2030 is $12.5, reflecting Audius's evolution into a well-known music platform with a loyal user base and a thriving community of artists.

Audius (AUDIO) crypto price prediction 2040 

According to the long-term Audius Coin price forecast, we anticipated that prices could reach a new all-time high. By 2040, the maximum price of the AUDIO Coin is projected to be around $36.8.

Please note that these predictions are based on historical data and current market trends. Cryptocurrency investments carry significant risk due to their volatility. Always do your own research and consult with a financial advisor before making investment decisions.

In general, Audius (AUDIO) coin price prediction shows a potential for a substantial appreciation in the next few years. However, this is not a guarantee and there are many uncertainties and challenges that could affect AUDIO’s future value. Investors should do their own research and analysis before making any investment decisions. 

A Historical look at AUDIO’s price 

Audius (AUDIO) reached its all-time high on April 6, 2021, when the price soared to $4.99. On the other hand, it's all-time low was on November 7, 2020, where AUDIO’s price decreased to $0.08.

Audius/USD Pair

Audius/EUR Pair

Audius Correlation

AUDIO’s price dynamics have exhibited various correlation degrees with other cryptocurrencies. Below is a snapshot of those correlations.

Positively Correlated Currencies

Negatively Correlated Currencies

What affects the price of Audius? 

After looking at the Audius price prediction, it’s time to delve into the factors influencing its value. Similar to other cryptocurrencies, Audius' valuation and future direction are shaped by a combination of factors, heavily influenced by prevailing market sentiments. Positive developments often drive price increases, while challenges can lead to declines. The interplay of supply and demand dynamics is particularly crucial, especially for cryptocurrencies with limited supplies. Ensuring price stability, maintaining liquidity, and fostering trading volume are essential, with increased liquidity serving as a defense against potential price manipulation.

In the case of AUDIO, various specific elements contribute to the nuances of Audius' price forecast:

1. Technological Advancements: Audius, known for its decentralized music streaming platform, consistently improves its features. Seamless integration with blockchain giants like Ethereum and Solana not only positions it ahead of competitors but also enhances its potential for widespread adoption.
2. Network Governance & Tokenomics: Audius' price dynamics are intricately connected to its community-driven network governance. Operating on a Delegated Proof-of-Stake (DPoS) model, it relies on its community of token holders for decision-making and network security. AUDIO tokens serve various purposes, from facilitating transaction fees to providing staking rewards and participating in network governance, encouraging holders to retain and actively use them.
3. Token Supply Constraints: With a fixed supply of 1 billion AUDIO tokens, a scarcity effect emerges, potentially strengthening the token's value over time.
4. Adoption & Collaborations: Deeper integration of Audius' solutions across various music platforms and collaborations with artists amplify its impact on token pricing. Expanding partnerships and alliances can boost the platform's reputation and drive demand for its token.
5. External Factors: Global economic trends and shifts in regulatory frameworks can influence Audius' price trajectory. Favorable regulatory environments enhance its credibility, while stringent regulations may introduce elements of uncertainty.
6. Competitive Environment: Changes in the competitive landscape of music streaming solutions can directly affect Audius' market position. Its ability to innovate and outperform competitors positions it well for sustained growth and market prospects.

Should you consider buying Audius?

If you’re considering is audius a good investment - the decision is contingent upon various factors, including one’s risk appetite, financial goals, and market analysis. Assessing the potential benefits of investing in Audius involves a comprehensive understanding of its unique attributes and the broader cryptocurrency landscape.

For the risk-averse investor, the stability and versatility of Audius present a compelling case. With its open-source, community-governed music streaming platform, Audius offers a transparent and inclusive ecosystem, encouraging active participation from users and stakeholders. Additionally, its strong emphasis on security and scalability positions it as a reliable and efficient option for those seeking a long-term investment.

On the other hand, for the risk-tolerant investor, Audius’ potential for significant growth cannot be overlooked. With its support for non-fungible tokens (NFTs) and an innovative on-chain governance system, Audius demonstrates a forward-thinking approach to music streaming technology, fostering a dynamic and adaptable investment environment.

Conclusion: The Future of AUDIO

Assessing the advantages and potential drawbacks of Audius, a prevailing sense of optimism envelops the outlook for this cryptocurrency. However, the trajectory and future projection of AUDIO are influenced by various internal and external factors, requiring constant vigilance and analysis. As Audius continues to evolve and expand its platform, it strives to achieve its vision of empowering artists and listeners through decentralized music streaming.

Audius Price Forecast FAQs

If you have any questions left about the project, make sure to check out this section of frequently asked questions. 

Is Audius coin a good investment? 

The data suggests that Audius has potential for growth, but it’s important to note that investing in cryptocurrencies can be risky. According to CoinTelegraph, Audius’s price has increased by 108% after debuting on Binance. However, it’s always a good idea to do your own research and consult with a financial advisor before making any investment decisions.

Can Audius reach $100? 

It’s difficult to predict the future price of any cryptocurrency, including Audius. However, given the current price, it is unlikely to happen any time soon.

Will Audius go up or go down? 

The current sentiment for Audius is neutral, while the Fear & Greed Index is showing 54 (Neutral). 

How high can Audius go? 

According to our price prediction, AUDIO might reach $36.8 by 2040.