Table of Contents:
- Coin prognosis
- What is Opium coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy OPIUM
Possible bearishness on Opium Downside
Over the past few weeks, Opium's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying OPIUM at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.
| OPIUM Price | $2.1266 USD |
| Price Change24h | $0.2439 USD (12.96%) |
| 24h Low / 24h High | $1.5364 / $2.1540 USD |
| Trading Volume24h | $39,288 USD |
| MarketCap | $212,657,408 USD |
What is Opium? Fundamental Analysis
The Opium protocol is a universal protocol to create, settle and trade virtually all derivatives and financial instruments in a professional and trustless way. It allows anyone to build custom exchange-traded products on top of the Ethereum blockchain. Once created, they can be traded freely via a network of relayers and will be priced according to supply and demand. The Opium Network is a learning ecosystem that can work with the custom logic of both derivatives and oracles. All created positions are represented by ERC-721o tokens that are specially designed for trading financial instruments and can be combined into portfolios and natively traded in combined orders. At the same time, these tokens are backward compatible with the ERC-721 token standard and can be used in existing ecosystems.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jan 18, 2022 | $2.1540 | Neutral |
| February, 2022 | $ 2.1266 USD | Downside |
| March, 2022 | $ 2.1266 USD | Downside |
| April, 2022 | $ 2.1266 USD | Downside |
| July, 2022 | $ 2.1266 USD | Downside |
| January, 2023 | $ 2.1266 USD | Downside |
OPIUM Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Opium rise today? | Our data indicates Opium will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Opium (OPIUM) in future? | Our analysis shows Opium is already past it's immediate all time high, indicating a bearish signal! |
| Will Opium (OPIUM) price increase in future? | No. Our algorithms indicate that Opium (OPIUM) will experience a significant decline in future. As low as $2.1266/OPIUM |
| Will an Investment in Opium (OPIUM) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of Opium (OPIUM) in future? | $2.1266 USD |
| Will the price of Opium (OPIUM) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 Opium? | Our analysis shows an end of year prognosis of 1OPIUM = $2.1266 USD. |
| Where do I buy Opium? | We have curated some great options. Buy OPIUM coin here → |
Historical Price Data (USD)
Pay close attention to daily volume fluctuations. Poor volume like OPIUM has is a good indication of bearishness in the short term.
| Date | Price | Volume |
|---|---|---|
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
| March 4, 2020 | $0 | $0 |
Where and How to Buy Opium (OPIUM) Coin
There are 3 steps to purchasing Opium. They are:
- Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase OPIUM directly with USD. They are: .
- Move the Bitcoin to an Exchange that supports OPIUM: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the OPIUM/BTC trading pairs.
At the moment, OPIUM is currently available for purchase with Bitcoin at Gateio, . - Buy Opium on the Exchange: Now, you can buy Opium with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different OPIUM pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.
USD Exchanges
| Exchange | Trade Pair | Volume | Exchange Grade |
|---|
Bitcoin Exchanges
| Exchange | Trade Pair | Volume | Exchange Grade |
|---|
Eth Exchanges
| Exchange | Trade Pair | Volume | Exchange Grade |
|---|---|---|---|
| Gateio | OPIUM/ETH | 27.8840 ETH | B |