DIA is an ERC-20-based project launched in 2018 as an open-source Web3 data and Oracle platform, designed to bring together all parties associated with data including data providers, data analysts, and data users, in a smart contract ecosystem. So, how well is DIA expected to do in terms of price movements in the next 6 years and for the rest of 2024? Keep reading to find out.
What Is Decentralized Information Asset (DIA)?
DIA was created by a group of twelve developers, led by Paul Claudius, DIA’s CBO; Samuel Brack, its CTO; and Michael Weber, the project’s association president. Three of them are also founders of BlockState, a Swiss-based security platform digitizing assets. Leveraging the strengths of the Ethereum network it was built on, DIA facilitates the connection of on-chain smart contracts with off-chain, external data sources, which can be used to develop a whole range of financial DApps.
The platform encompasses financial data of all kinds, intending to address the issue of unverified, dated, or hard-to-access data in the decentralized finance market as well as centralized APIs effectively. As per the creators of the DIA project, the presently running system of Oracle is outdated, vulnerable, and non-transparent. The solution the project puts forth is based on providing financial incentives to users of the platform to maintain the streaming of open-source, validated data to the oracles uninterrupted.
Although the platform provides free access to historical data, incentivizing new data that will appear on DIA requires the users to stake the governance token. Besides this function, and voting rights concerning the platform’s governance, these tokens can be used to collect and validate data before incentivizing them.
DIA Token: Technical Overview
DIA is the native token of the Decentralized Information Asset platform created for governance and to participate in activities related to data gathering, verification, storage, and display. The token designed to secure the network while encouraging community involvement was launched in August 2020, and has shown significant fluctuations in price movements ever since.
DIA has a total supply of 200 million coins, out of which 91.5 million tokens are in the reserve and are set to unlock in equal parts every December, over a period of ten years from launch. Out of the 128.5 million tokens, 24 are reserved for the founding team, with a vesting period of 29 months. The current market capitalization of DIA is calculated at $57,562,291, with a circulating supply of 110,617,604 tokens and a trading volume of $7,977,749.71.
DIA’s all-time high value is recorded at $5.73, on 5 May 2021, whereas the all-time low price it was traded on stands at $0.209, recorded on 2 September 2023. Its current value of $0.989503 is a little over 17% of its record value of $5.73, indicating a steep decline from when it was launched. But does that mean the token is not worth investing in? Let us move on to the price predictions and find out.
DIA Price Prediction 2024 To 2030
DIA is listed on various centralized exchanges where you can buy and sell the token. The popular options to trade DIA tokens include Binance, WhiteBIT, Coinbase, and BingX.
- DIA Price Prediction 2024
Currently priced at $0.989503 on 21 October 2024, and its maximum predicted value touching $1.289595 in November, DIA is expected to maintain an average price of $1.16476 for the rest of the year.
- DIA Price Prediction 2025
DIA is anticipated to stay within a range of $1.13323 and $2.18 for the first half of 2025, where, if it goes according to the predictions, will peak in May. However, the latter half does not seem promising enough with the graph showing a decline and a forecasted value of $1.3038845 as the year ends.
- DIA Price Prediction 2026
The price prediction of DIA for 2026 suggests that the coin will be traded at an average rate of $0.984156 throughout the year. Its maximum expected value for 2026 stands at $1.164383 in January, from where it would probably be a downfall ending at $0.919274 in December 2026.
- DIA Price Prediction 2027
The forecasts for 2027 resemble that of the previous year with an expected downward trend in price movements. Beginning with a minimum expected price of $0.901337 in January, the year is expected to conclude at a maximum value of $0.0944462 and -16.77% ROI on the token.
- DIA Price Prediction 2028
Although there is no predicted rise in value for the first three quarters of the year, DIA is expected to see a surge in value toward the final quarter starting in October. The year is forecasted to end with an average value of $1.35214 per token. The predicted Return on Investment for the month of December stands at 52.31%, which is 04.37% more than the previous month.
- DIA Price Prediction 2029
The outlook of DIA’s price movements for 2029 seems bullish with a maximum potential ROI of 347.30 in May. The value of the coin is expected to grow significantly from $1.174719 in January to $5.05 in May, from where it might go down to $1.150662 by the end of the year.
- DIA Price Prediction 2030
As per the values projected for 2030, the token is expected to follow a downward trend again with its maximum value for the year standing at $1.236827 in January. The average expected value for the year is calculated at around $0.577724 and has an average ROI forecasted of around 9.31%.
Conclusion
Although the difference between its all-time high value and the current value might make it look like a hopeless investment, that is not entirely true. Statistics show that the token might go up in value and in the long term, could touch a maximum value of $5.05 toward the end of the first half of 2029.
Now, this value is closer to the all-time recorded high of the coin, and if the market trends follow predictions, this would be a safe bet. On the other hand, price forecasts for the years 2026, 2027, and 2028 are concerning and 2030 could go either way. With that being said, price predictions will not always be accurate and no matter how much you trust in the predictions, do a thorough analysis considering every factor and risk before making an investment decision.
