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Fuse Network (FUSE) price prediction: what’s its 2022 pathway?

By Payel Bera

Edited by Vanessa Kintu

16:18, 13 January 2022

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Fuse Network (FUSE) price prediction: what’s its 2022 pathway? – Photo: Shutterstock

A couple of partnership announcements, recognition from validators, and listing on DeFi platforms have been helping Fuse Network soar high since the beginning of 2022. Currently, Fuse token price stands at $1.51, with a circulating supply of 55,045,523 FUSE coins.

The token hit an all-time high of $1.82 on 6 January 2022, and its current CoinMarketCap ranking is #493. Fuse Network is a fairly young crypto compared to others. Launched in 2019, the coin had to wade through the bullish sentiment for the cryptocurrency market in 2021. However, it has been moving north since November 2021, thanks to the partnership deals and recognitions.

Fuse token price chart

While fuse price prediction depends on the company’s fundamentals and the cryptocurrency’s market dynamics it’s innovative scope may attract investors at large. Read on for a look at FUSE’s price prediction for 2022 and beyond.

What is Fuse Network?

Based on a concept, now a reality, Fuse Network seeks to lower the cost, friction and barriers for companies delivering mobile payments. Or in simple terms, to make mobile payments easily accessible to communities across the world. Hence, one can manage transactional networks using simple, easy-to-use tools. Launched in 2019, the team of blockchain and web-based technology experts envisioned aiding the community to gain access to “truly democratised and borderless money.”

The Fuse Network comprises of:

  • Fuse Wallet – designed for users, an easy-to-use cross-platform mobile wallet.

  • Fuse Studio – designed for operators (read: businesses), a self-service smart contract platform

  • Fuse Chain – designed for network participants, a Delegated Proof of Stake (DPoS) blockchain platform, optimised for payments and operated by validators.

Fuse Network’s native currency, FUSE, is currently traded on Gate.io, MEXC, ZT, PancakeSwap (V2), and BitMart.

Fuse news

The crypto has been under the spotlight in the past few months, with various Fuse Network coin news making headlines. Fuse Network has secured several integrations with leading projects in the blockchain space in the last year and continues to do so in the new year too. It has also lined up a number of key partnerships so far this year.

On 11 January 2022, Fuse Partners drew a partnership deal with Beefy Finance. According to the deal, Beefy Finance’s multichain yield optimiser has been deployed on Fuse Network, this will help Fuse users boost their DeFi yields with the help of Beefy vaults.

A partnership was also announced with Connext, an EVM chain interoperability-focused project, to bridge functionality into Fuse’s DApps. The integration now adds Fuse to the list of EVM-compatible blockchains Connext supports, like Ethereum, BSC, Polygon, Fantom and Avalanche, among others.

Earlier, on 7 January, the company drew another partnership deal with XanPool to boost their users in the Asia-Pacific region. XanPool activated fiat-to-crypto on-ramps to Fuse Network, which will boost access for people in the Asia-Pacific region, engaging them in mobile payment technology adoption.

In December 2021, Fuse also announced the formation of FuseDAO, an independent, decentralised governance body designed to promote the growth of the Fuse ecosystem. 

Additionally, the incorporation of major elements to its ecosystem like the FuseFi all-in-one DeFi platform and the Fuse Cash consumer-centric mobile wallet, continue to boost FUSE. FuseDAO will provide grants to users (individuals and companies) in building real-world DeFi and Web3 products and widen the crypto world. 

ETH/USD

3,449.98 Price
-1.630% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 6.00

XRP/USD

0.61 Price
+1.890% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.01168

BTC/USD

67,688.65 Price
-0.260% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 106.00

SOL/USD

181.07 Price
-1.890% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 2.2652

Moreover, the FuseDAO team has already appraised and ensured the successful implementation of Fuse ecosystem projects, which include Fuse Network, Cozy Cosmonauts, Fuse Bar, and Artrific NFT marketplace.

Fuse price analysis

Fuse Network currently has a market cap of $78,880,116 (as per CoinMarketCap data) and is up 2.55% in the last 24 hours at the time of writing on 13 January. In the last 12 days, prices have risen nearly 312%. Much of the growth is attributed to its partnership deals with organisations like Beefy Finance, Connext and XanPool.

In November 2021, the crypto witnessed several high highs after climbing over the $0.5 mark. Even so, at the beginning of this year prices grew in leaps and bounds, from $0.737 on 4 January to $1.82 on 6 January.

Even during the 2021’s slump, Fuse Network remained afloat thanks to its deal with ICHI, which enables any community on the network to create its own stablecoin worth $1 and would be backed by both USDC and that community’s native token. The token’s launch on various trading platforms like Uniswap has also kept it going.

Analysts’ latest forecasts

Fuse Network’s attempt to provide mobile payments across the globe can return well for the cryptocurrency when it has substantial cooperation with financial institutions. However, cryptocurrencies’ acceptance in global economies is still uncertain, and even if the requirements are satisfied the waters are deep for the token to swim in. Though Fuse’s collaborations and partnerships offer it a great deal of potential, the volatility in the crypto market makes futures foggy.  

So, will the Fuse Network go up? Let us have a look at some algorithm-based FUSE forecasts.

According to WalletInvestor’s FUSE prediction places, token prices will hit $1.524 by the end of 2022. Though the analyst algorithm does not forecast prices for 2030, it places prices of the token at $3.916 by 2027. For the years 2023, 2024, and 2025, Fuse Network’s price may close the year at $2.124, $2.705, and $3.309, respectively.

According to Price Prediction predictions, the FUSE token will reach $44.78 by the end of 2030, growing by nearly 3,000 folds. Looking at the short-term module, by the end of the current year prices will linger around $1.97. Fuse will cross $2.86 by 2023, jump to $4.28 by 2024 and reach $6.46 by the end of 2025.

According to the Digital Coin algorithm, Fuse Network is expected to end 2022 at $2. Per analysts’ highest forecast, it will reach $6.06 in 2029, after climbing to $2.26 in 2023, $2.45 in 2024, and $2.88 in 2025.

The cryptocurrency market is volatile and the aforementioned forecasts or predictions are based on analyst’s reports that refer to the cryptocurrency’s past performance to project future results. While making Fuse crypto price prediction investors need to go through the crypto’s fundamentals and dive into technical study. Its collaborations, innovations, and partnership deals will also impact the token fate in the future. Hence, before relying completely upon the predictions investors should understand that results are not guaranteed and predictions can go wrong. 

Investors should always remember to do their own research before making a decision to purchase or deal in such crypto, based on their attitude to risk. The fact that the crypto may go downhill should be kept in mind and investors should gauge how comfortable they are about risking their money. Moreover, you should never invest money that you cannot afford to lose.

FAQs

Is Fuse Network a good investment?

As per CoinMarketCap, Fuse Network has a 2412.47% ROI. However, cryptocurrencies are volatile and will witness several ups and downs. While analyst forecasts are based on past performance, the future is unpredictable and investors should always do their own research before investing.

Why is Fuse coin up?

FUSE hit an all-time high on 6 January 2022 and is still holding the northward momentum. While the uptick may just be due to crypto volatility, Fuse Network’s addition to the SushiSwap in December 2021 enabled users to swap tokens and farm LP yield, which may also be a reason for its movement. Additionally, recent partnerships may also trigger the movement.

How high can Fuse Coin go?

In its FUSE coin price prediction, Wallet Investor can touch $3.916 by 2027. However, these figures are based on analyst algorithms and may go wrong, you should always do research before investing in the token.

Will Fuse token hit $10?

According to Price Prediction’s algorithm, the Fuse token will cross the $10 mark in 2027. However, predictions may go wrong as cryptocurrencies are volatile.

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