NuCypher (NU) Coin Price Prediction 2021, 2022, 2025, 2030, 2040

What is NuCypher?

NuCypher is another cryptographic innovation that help to improve privacy for distributed decentralized network. NuCypher uses umral threshold proxy re-encryption network that widely available as open source. Project mainstream features are secrets management, dynamic access control and secure computation. Under this feature user can easily secure token, database, certificate, credentials and other. as dynamic access gives freedom to put conditional access for private and sensitive data. moreover, network also support other cryptographic innovation including TSS, DKG, SSS and PRS.

Nucypher uses 2-layer structure where their protocol relies on Ethereum network for introducing Proof of Stake (PoS) Mechanism. It ultimately solving many existing problems in decentralized application (dApps) and private data. however, project primary aim to provider better privacy to developers, as its libraires easily already uploaded GitHub for permission-less use.

NuCypher working as it explained on their portal, in that data provider gives access their encrypted data with data seeker. As network plays important role from receiving policy details with re-encryption key. Network also able to perform transaction that include payment for data exchange and rewards in token. every policy created by user will have associated encryption key that can be used by any entity. In the network data recipient can have access of encrypted data from its storage and also send request to network. NuCypher also known as ursulas that enable user to earn fees and rewards in token for performing different operation in ecosystem.

NuCypher Price Prediction

Month & YearNU Price Prediction
February 2021$0.3027
March 2021$0.4460
April 2021$0.5675
May 2021$0.6650
June 2021$0.6869
July 2021$0.7606
August 2021$0.7068
September 2021$0.8203
October 2021$0.8502
November 2021$0.7945
December 2021$0.9080
January 2022$0.9717
February 2022$1.0374
March 2022$0.9796
April 2022$1.0712
May 2022$1.1071
June 2022$1.0195
July 2022$1.1728
August 2022$1.2245
September 2022$1.2664
October 2022$1.1927
November 2022$1.2624
December 2022$1.3281
January 2025$1.3719
March 2025$1.4814
April 2025$1.3838
May 2025$1.4615
July 2025$1.5531
September 2025$1.6168
October 2025$2.3674
Decemeber 2025$2.3455
January 2030$2.4351
March 2030$2.6741
May 2030$3.9305
July 2030$4.0061
September 2030$3.9205
October 2030$3.9783
December 2030$4.2053

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NuCypher Overview

Project nameNuCypher
Ticker SymbolNU
Total Supply1,042,098,863
Official websiteNucypher.com
Based onPrivacy Blockchain
Launched year2017
All-time high$0.35 USD
Exchange PlatformCoinbase Pro, MXC, uniswap, BKEX, Hotbit, Hoo, Gate.io, 0x Protocol, BigOne, 1inch Exchange.
WalletERC-20 Wallet

NU ICO Overview

Platform usedERC-20
Raised by$125,640,000 USD
Date of ICO30th September 2020
ICO Price$0.13 USD
PartnersPolychain, Satishi Fund, CoinFund, Kenetic Capital, compound, Galaxy, 1kx, ashed, amino capital, base, nima capial, FBG Capital.

NuCypher Price Analysis

NuCypher Token i.e. NU is Ethereum network-based utility token that enable different key feature on the platform. NU token used for staking to running worker node and participating in DAO, as network user also can also control network parameter and upgrades. However, participant who run nodes can earn fees for simply performing cryptographic function and maintaining network. NU token got huge response in ICO, despite having long awaited launch, as it $125 million worth in ETH staking. currently NU having more than 2000 node operator actively staking for rewards in token. comparing ICO price NU able to surge 2x after listing on trading platform. Coinbase, Uniswap, MXC currently holding maximum transaction and hopefully other platform will list NU in future.

NuCypher Price Prediction

FAQ

Will NuCypher Reach $10 USD?

Most probably after 2022.

Is NuCypher a Good Investment?

Comparing its ICO value with today price then it could be best investment before 2021.

Conclusion

NuCypher was one of the most awaited projects that finally ended up by launching on Ethereum mainet. However, project was announced when there was evolution of blockchain was recognised. Team behind project was published whitepaper back in 2017, two of them was participated in U.S. start-up accelerator y combination in 2016. As per the report network launched with the Worklock and now it continues its successor with over 350k+ ETH staking recorded. As project is very close to enter in top 200 crypto project with million worth market volume.

NuCypher