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I don't know for now, but longterm it has to reach ETH price IMO. Not financial advice.

Sovryn is a very solid project but the only problem is sovryn developers must also think to add this into the centralized exchange site to encourage massive demand. Im still staking my SOV and everything works properly.
SOV is performing very good since its was getting launched but massive marketing totally needed and it can be done by listing SOV into the centralzed exchange site.
We can't deny that CEX can give very big demand to the SOV

You can swap, lend, stake, leverage and also provide liquidity on this Dex. Even without listing on any other exchange the price of sov has been increased to nearly 20x. The next update is going to be crucial and I have also heard that there will be new projects launched here in the future.

That's right, in the absence of massive marketing would make the movement less likely to increase despite its current increase at Sovryn. I also have a few Sovs to date because they still have a big potential to continue growing until now. But if the team has been designing for marketing this is a great opportunity to buy when prices are still low. Hope the latest news will emerge about all of this. Can't wait

While waiting for the developer to add to the CEX exchange I think there is a point in SOV tokens to bet at least one year is enough to bet I will try and currently I only keep it in my Metamask wallet.

Until now, SOV has been listed on Coinmarketcap. However, tracking data has not been seen or is waiting for an update from the CEX exchange, which means that one day it will be added to another exchange, the demand will be huge.

But now I see that there are still a lot of enthusiasts in bitocracy stake voting.

Strong bearish candle appears. Buying is not a good option unless there is a good news. From what I observe, Sov can test the midline of the channel before making another drop. I will buy Sov after that drop if I were you

However, if bitcoin has a good news and form new small time frame uptrend, a short term sov buying can give you a decent profit

Regardds

In my opinion, i think Sovryn (SOV) can hit around $2k for sure.
Because this coin is doing really well in ICO and Sovryn can become one of hiddent gems in the cryptospace.
I think that SOV can really become huge in the future and can compete with top altcoins.

It's still too far to talk about the price will be more than 1k lol.
Sovryn ATH was around $80 and how is it possible while we are in the bearish market right now. I do believe if you must see that the market is also starting to go down even more.
The pressure from elon and china to the bitcoin have been giving very big impact to the market. The doge supporters were making it even worst than before.
Shit we are going to the another dip again for sure. The hidden gem doesn't mean it can be dumped when the bearish trend was happening.

true, they need to grab attention by putting themselves in cex, even UNI need cex to get this far, heck even SOV isn't currently listed in CMC or CG, i mean they are listed there but it didn't show the market data of the coin
I know it's a dex and was created to go against cex but then again if no one hear about this project means no one use it then it's as good as nonexistent after all the only thing that make swap platform coin gets valued high is when the platform itself being used by many people.

I still have this coin. Honestly, I hope the price can reach $ 100 this month. However, it seems that it is all hampered because of the current decline in bitcoin prices. however, this coin has a very high price more than when it was originally sold. I feel that such a project will be very developed in the future.

This day technical analysis will not work again when it comes to the bad news that faced major crypto. Sovryn goes down so hard caused by the bitcoin dump and this is also affecting the people who are still holding their RBTC.
So many people have been missing the opportunities to buy that at the peak price dude.
We are getting another chance again that to buy that even deeper than before.

They probably can once their service become booming, the problem with it though the RSK chain that's not really popular (in my opinion) and they need some kind of external support like blockchain bridging, etc.
Even now there's very little people knowing about this project, it only takes enough people knowing that defi for bitcoin exists to go as far as $2K because that's the deserving price.

the platform is not allowing us to send other tokens. you'd have to stay on rsk network for good. if you are an investor you'd have to deposit BTC inorder to trade it with rBTC, rUSDT and so on. it's entirely a secluded market that you can't get in and get out easily. limited access which you only buy rBTC on Kucoin, Bitfinex and SOV platform. its kind of new, i have to get out sold mine at $60. wish to see changes later.

currently, the SOV price is around 72,500 sats or around $ 27...

I'm really not sure the price will go up to $ 2k. it needs a big event to be able to bring  SOV price up to $ 100 - $ 1k.

thanks. will try this to get back there once again. i have seen this before but didn't bother to use it.

it's not just $27. the chart for sov can only be seen on cointrader.pro and without an account there you'd have no chance of analyzing the market. i do not wish to see the price dip lower than $20 since the market is beginning to look greener. it will be a welcome surprise for those who are waiting though.

Most of the projects are mined on layer 2. Sovryn has many special features, their staking is remarkable.  But it can be easily seen, it will depend a lot on the Rsk network, similar to Polygon on ETH, all the dependencies it comes with will be the downside that it is currently forced to accept.  Of course, I think Sov has a long-term future and even if BTC breaks too hard, they still actively hold the price!  In a healthy market and defi still very focused on building in the future, 300$ for Sov, it will!

when i look the Sov price in this site https://coins.green the price now is under $20

https://i.imgur.com/TgaxPdZ.png

the red market really affected the price of SOV now,
even, if a big news coming, i don't think the price will growing hard mate, because crypto markets unstable now

It's starting to recover again. SOV is totally pegged with the bitcoin. that's a bitcoin defi and SOV service related to the RBTC which a rsk form of bitcoin.
That means the bitcoin will give a very strong impact to the price of SOV.
SOV is not yet listed on the major market mate. We should always wait for the CEX to listing this coin in the future. Im all in SOV now and i bought more when the dip was coming.

Yeah this is because the market trend has become bad so that the SOV price has experienced a quite severe dump after reaching ATH, of course this is dominated by bitcoin prices but I am sure a recovery will occur in the future considering SOV will still remain at a fairly stable price, this means did not reach the presale price so for me it will remain in hold until another exchange enters.
Remember it's not just the SOV token that has experienced this, many other coins are also affected by a bearish trend so for me this is natural and almost the whole has experienced a big dump.

the market is now moving up again and together with other crypto assets the value of Sovryn is also moving positively,
with another jumped up we might see good bounce.

But it's not the  value alone but those available other features of this project, you can stake and earned from this coin.

Keep your assets inside the wallet and let your money works for you.

SOV is a great project is just that the market situation right now is not good with Bitcoin and altcoins has been forced to drop as well. As we see some recovery, SOV will also recover and might create a new all time high, this platform is highly praised and there's a huge community behind this project that's why I see a great future for SOV, after this big corrections and when the market recovers again, SOV will take its place on top.

Based on my observations, I think the price of Sovryn (SOV) could reach $ 33-44 at the time of release, I've been following SOV since the bounty project started, I'm sure SOV can be one of the altcoins that will explode in 2021,

Wait , What should be the reason for this coin to reach 33-44$? since you are following them since day one then you should have a best answer or reason why would this coming?
what is the status of the project and what is the future progress?
Hope but don't expect , though there are several projects that really arise this bull market but remember that it looks like the Bull has gone and the bear is coming to take over.

What? if you have participated in the bounty that created by sov and then why didn't you aware if SOV already released? What do you mean about the release? it looks so funny to see you were not even watching the project and I doubt you also participated in the SOV bounty.
SOV already traded on its platform dude.

on their own platform https://live.sovryn.app/ but not on the big exchange. maybe he had not set up the RSK to his ETH wallet that's why he had not seen the SOV tokens.

realize that the token actually dips below $20. that recent dip was really sharp so if you have bought at $19 you could almost have doubled your investment already.
SOV should really be listed somewhere else as well not just to the sov app.

They are working on it to get their project in uniswap using the brdiging as I've heard from the rumour, this project truly underrated and the current dip mostly because btc. You can imagine how sov while being dumped also losing the value in BTC but it's actually very great opportunity to buy, this project alone offer many things and backed up by POMP the glorified crypto investor.

The ETA for the bridge launch is still not known but judging from messages I've seen from Sovryn TG admins, I can tell that it's imminent. But I don't think Uniswap market would appreciate it as much as sov users do. They might even underate the platform. What sov really needs is to get listed on major exchanges like Binance and Huobi. The only problem is that these exchanges are centralized but it matters even less because Sovryn governance isheadedby its users. I don't know if it's due to technical limitations or issues with RSK network.

My experience using RSK network is not really good. The liquidity of rBTC not really high when i try to use the sovryn platform.
Sovryn hype is really high which make the price keep climbing after the trade open, now i think market will reveal the true price of it.

SOVRYN has dropped from $80 to $17 in recent bear market days. We need to consider the stability to invest in this project. We need more stable liquidity, the project needs mechanisms to promote liquidity increase and reduce the reward for sudden liquidity withdrawal.

Not really revealing its true price, SOV indeed has very big potential, many people actually have been waiting defi for bitcoin, if you see all the feud about bitcoin need to have defi in twitter recently you know what I mean, and SOV could become a solution for that but the platform itself is still in alpha stage maybe they gonna refine the project a lot more
then gonna think about something else, they also seem to have prepared some next big things bridging as many have mentioned I think the its true price is more than $100, once it gets the recognition it deserves its gonna become really huge.

I got quite a lot of information about this project, and it looks like the early investors of this project made a very big profit. however, currently the price is still growing along with the recovery of bitcoin price. for now the ATH is over $ 80, and if the bitcoin price hits $ 60k again, I think it could be over $ 90. however, many people predict that this coin could cost over $ 100.

The bitcoin bullish trend will be helping the price of SOV to recover again. There are lots of interesting even going on with SOV.
The ETH-RSK bridge is alive and so many people have been starting to convert their ETH to participate in the SOV lootdrop. The price will be going to the moon again in the future,
The cex listing could become the main bet for any SOV holders.

It was clear from the first release that Sovryn would be a good project. I participated in Bounty campaigns, sold the tokens early and regretted it. I had to trust the project. The team works pretty well and the project is constantly being developed.

Bitcoin need to have DeFi, but Sovryn is on RSK Network which only build another platform backed by BTC (rBTC). I dont think its really need for Bitcoin atm, IMO its have no difference than build Defi on ETH, BSC, or EOS platform.

Why you think the true price is more than 100$? I dont see anything special in the project, only some big whales behind the SOV like pomp which always created as hype by the community.

Whats the background of 100$ become true price of Sovryn, i dont think a DeFi in RSK Network is better than DeFi in another platform.
TBH i still prefer DeFi on BSC platform or EOS platform over Sovryn.

For now, it's just the hype about Sovryn being the very first Bitcoin AMM and Defi platform. I know several Bitcoin Maximalists that have already bought in due to the hype. Although, I'd say the team has done an incredible amount of work on their platform. They've an AMM that works, community governance that's active, liquidity mining and well detailed documentation about their project via a wiki. Oneof the major hurdles now is the lack of liquidity and volume but I believe that it would be resolved in due time when the project gets the recognition it needs to compete with top DeFi platforms on other chains.

Last time when the whole market crash. Sov Lowest price was $18 it will touch $100 when we enter another bullish time. Or even if we are on side way for BTC and the sovryn feature is available ( Bridge to ethereum and BSC ) it will touch $100. My prediction is about 3 month from now.

The liquidity and volume can be fixed easily when sovryn will be started to be listed on the major centralized exchange site but this time yago and team are still focusing to develop the bridge and NFT platform for SOV will be coming very soon. This is sooner than what i was expecting before. As a new project with almost 2 months old and sovryn has been making lots of progress.
I do believe this can be listed easily to the CEX.