$PHA
Phala Network (PHA) is currently trading around $0.11, with a market cap of approximately $62 million. It operates as a decentralized cloud computing platform utilizing blockchain and Trusted Execution Environment (TEE) technologies.
Price Forecast:
1. Short-term (2024):
Expected to range between $0.25 and $1.20, with a potential increase of up to 360% if market conditions favor a bullish trend.
2. Mid-term (2025):
Predicted to reach $1.44 during a potential bull market, representing a 725% increase from the current price.
3. Long-term (2030):
Estimated to hit $3.20, an increase of over 1,700%, supported by its ongoing adoption and technological advancements in decentralized AI and blockchain.