Badger DAO is far from being one of the leaders of the cryptocurrency market. It’s still a rather unknown and a very undervalued coin, but an increasing number of investors and experts start to think that BADGER might be a hidden gem that can skyrocket any time. What is it exactly about Badger DAO which makes so many people convinced that BADGER is a good investment?
What Is Badger DAO?
Badger DAO is a decentralized automated organization launched in 2020 by Chris Spadafora, a well-known blockchain enthusiast. The mission of Badger is to help to spread the adoption of blockchain technology worldwide by enabling the effortless utilization of Bitcoin as a collateral asset on various decentralized networks.
The decentralized autonomous organization making up the Badger community consists of individuals, groups, and companies calling themselves “Badger Builders”, who all work together to develop Badger. Thanks to incentives enabling the developers to share a portion of the transaction fees of the Badger network, Badger DAO is able to be developed in a way that is both decentralized and highly effective.
How Does Badger DAO Work?
Badger is very unique because it is a complete ecosystem that includes many different components which work mutually to assure that BADGER is a good investment and that the project provides high profitability for all members of the Badger community.
The main parts of the Badger ecosystem include:
Sett is a unique DeFi-oriented platform empowering the Bitcoin holders with the ability to earn passive income in a method typical to decentralize finance. In other words, Sett enables the option of using BTC as a collateral asset for automated yield farming.
DIGG is a solution for putting a tokenized, synthetic form of Bitcoin on the Ethereum network. DIGG is heavily inspired by stablecoins such as Tether (USDT), but instead of being pegged to a traditional fiat currency like the US Dollar, DIGG is pegged to Bitcoin.
BADGER is the native token of the Badger DAO ecosystem, which among other use cases serves to incentivize the development of the project. The BADGER token has a fixed supply similar to Bitcoin, and no more than 21,000,000 BADGER will ever be in circulation. Because of that, Badger DAO is a deflationary ecosystem, and many blockchain enthusiasts are convinced that BADGER is a good investment.
The Badger DAO Price History So Far
BADGER is a relatively new token, launched on December 3rd, 2020. However, in less than a year BADGER proved to be a quality project by being able to generate ROI (Return of Investment) of over 350%.
While many newly-launched projects have a very large supply, BADGER has the exact same supply as Bitcoin, which means that no more than 21 million BADGER tokens will ever exist. Small supply means that Badger DAO is in high demand, and many investors are seeking to purchase BADGER tokens before the price erupts.
Badger DAO Price Predictions: Can BADGER Go to $1000?
High profitability, full decentralization and low supply are three main factors contributing to the fact that so many people think that BADGER is a good investment. It’s not surprising that the BADGER price forecasts made by the crypto community are extremely bullish.
For example, the popular Twitter user Cryptonaire predicts that BADGER will reach $1000 by the end of the year. Such a high prediction for a very new project would seem outrageous in most cases, but in the case of Badger DAO it seems justified, and many other blockchain enthusiasts share a similar opinion.
PRICE PREDICTIONS BY DEC 2021$BTC $300K$ETH $20K$LTC $1500$BNB $2K$ETC $1K$BCH $15K$POND $5$HTR $100$ADA $10$MATIC $20$LUNA $100$CRU $1000$BADGER $1000$YFI $500K$DOGE $2$SHIB $0.001$XRP $15$XLM $10$HOT $1$ERN $400$LPOOL $200$ZCX $200$KCS $150$TRIAS $300
— Cryptonaire (@OppongBs) May 20, 2021
Another crypto enthusiast who is convinced that BADGER will reach $1000 is the Twitter user going by the name Crypto Rootz. He even goes as far as to say that claiming Badger DAO will only reach $400 by the end of the year is a FUD (Fear, Uncertainty, and Doubt).
— Stoned Farmer CryptoRootz | 🌍🧑🏿🚀🔫🧑🏿🚀.eth (@CryptoRootz) February 21, 2021
However, some people prefer to take a more cautious approach. For example, the popular Twitter analyst @BillyBobBaghold does not believe that BADGER will reach $1000 by the end of the year. Instead, he gives a modest $435 as his Badger DAO price prediction for 2021.
Price predictions for the end of the bull run in December that I’ve just pulled out of my ass like every other CT account:$BTC: $235,785$ETH: $10,340$XHV: BTC 187$BADGER: $435$HTR: $18.45$IDLE: $112.57$DRC: $16.56
— Matic Maximalist (at least until July) (@BillyBobBaghold) March 21, 2021
Will BADGER Rise By 10x or More?
Many crypto analysts on YouTube are firmly convinced that the BADGER price will increase by 10x by the end of the year. One such Badger DAO prediction was shared by the popular blockchain researcher CryptoNinja:
Another channel that shares the same BADGER forecast for 2021 is Crypto Junky, which believes that Badger DAO is currently one of the top three altcoins with the most potential:
If the predictions of BADGER going 10x would come true, and the Badger DAO price would appreciate by ten times from its recent all-time high of over $85, it would mean that BADGER would surpass $850 by the end of the year.
Can BADGER Reach $1000?
The $1000 BADGER price prediction seems to be the one that is shared most often both by experts as well as by the members of the crypto community. However, some blockchain enthusiasts are more conservative in their BADGER forecasts and believe that Badger DAO will only be worth around $400 by the end of 2021.
Is Badger DAO Undervalued?
Badger DAO is still a relatively unknown project, and many people have yet to hear about it. Furthermore, BADGER has not been listed on Coinbase yet. In other words, only experts and the most dedicated crypto enthusiasts are aware of BADGER’s potential – when the general public learns about it, the Badger DAO price will probably rise rapidly, which definitely makes BADGER an undervalued digital currency.
Where Can I Buy BADGER?
Although Badger DAO is a relatively new project, it has already been listed on a large number of exchanges, so blockchain investors don’t have to worry about where to buy BADGER. The BADGER token can be purchased on major exchanges such as Binance, Huobi Global, and FTX, as well as on many decentralized exchanges such as Uniswap and SushiSwap. However, BADGER has not been listed on Coinbase yet.
Is Badger DAO a Good Investment?
All things considered, it becomes clear why so many experts and analysts are convinced that BADGER is a good investment. It is a decentralized and deflationary cryptocurrency just like Bitcoin, but it is still largely unknown and undervalued. Because of that, the BADGER price will almost definitely continue to rise, and perhaps Badger DAO can even reach $1000 as many people predict.
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