Crypto platform Rally.io allows creators to start their own digital currency with their Rally token. Fans can purchase the creator's currency and use it to unlock exclusive or unreleased content. The Rally token is created over the Ethereum social token, and anyone with an online community can launch their own tokens without any coding. The Rally Token (RLY) is currently available only on CoinList, with 40 million tokens available for sale. However, investors need to be wary of the high risk involved with this investment.
What You'll Learn
Rally's price prediction
Rally is a cryptocurrency platform that allows creators to start their own digital currency with their Rally token. Fans can purchase the creator's currency and use it to unlock exclusive or unreleased content. Anyone can join and create their own token.
As of 5 August 2024, the RLY price is $0.00540, and its 24-hour trading volume is around 1.76 million, making it the 620th currency in the whole crypto world. According to Wallet Investor, RLY is a bad long-term (1-year) investment. It predicts that the RLY price will drop from $0.00541 USD to $0.000284 USD, a change of -94.745%.
However, according to Digital Coin Price, there is a possibility that RLY can break through the $0.0138 barrier and hold the market by the end of 2025. The lowest RLY price will be between $0.0116 and $0.0138, and the most likely RLY price will be steady at around $0.0136 by the end of 2025. By 2026, RLY is expected to start the year at $0.0159 and trade around $0.0193.
In 2027, there is a good chance that RLY will double in price, but it may not reach its expected maximum of $0.0247. RLY is predicted to reach an all-time high of $0.0243 or $0.0247 in 2027. In 2028, RLY is expected to surpass $0.0247, with a minimum price of $0.0207. By 2029, RLY is expected to cross a price level of $0.0278, with a minimum price of $0.0256 and a maximum price of $0.0292.
By the beginning of 2030, RLY is predicted to reach a price of $0.0392, and by the end of the year, it should reach $0.0392. In 2031, RLY is expected to cross the $0.0560 average price level, with a minimum price of $0.0526 and a maximum price of $0.0567. In 2032, the RLY price is estimated to reach a minimum of $0.0743 and a maximum of $0.0776, with an average trading price of $0.0772.
Finally, in 2033, RLY will try to reach a low of $0.10 and a high of $0.11, with an average forecast price of $0.10.
Despite these predictions, it is important to note that cryptocurrency investments are risky and highly volatile. The above predictions are based on historical data and current trends, but the market is subject to rapid changes and unexpected events.
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Rally's potential for growth
Rally is a blockchain-based social network that allows content creators to launch their own social tokens. It is a decentralised platform that is completely governed by the community, meaning it is controlled by creators and community members across all social platforms.
The Rally Token (RLY) is available on CoinList and other exchanges such as Hotbit, MXC, and KuCoin. The token sale is structured on a first-come, first-served basis, with 40 million tokens available for sale to any interested qualifying party. The Rally Token Community public sale allows community members to purchase up to $1,000 worth of RLY tokens at a pre-sale price. There is no limit to the number of users who can buy the RLY token until the 40 million coins are sold out.
The potential for growth in Rally is further supported by its backing from crypto giant Coinbase Ventures, which is known for picking unique and great products. Additionally, Rally's product is already live and constantly improving, which indicates a positive trajectory for the platform.
However, it is important to note that Rally's low market cap means that its price can be easily manipulated. As with any investment, it is crucial to understand the risks involved and conduct thorough research before investing in Rally or any other cryptocurrency.
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Rally's community sale
Rally is a platform that allows investors to buy and sell equity shares in rare collectibles. It is also a cryptocurrency platform that allows creators to start their own digital currency with their Rally token. Fans can purchase the creator's currency and use it to unlock exclusive or unreleased content.
The Rally Token Community public sale allows the community to purchase up to $1,000 worth of RLY tokens. The user will get RLY tokens at a pre-sale price which will be determined before 24 hours of the sale. There is no limit to the users who can buy the RLY token until the 40M coins are sold out. The RLY token sale is structured to take place on a first-come-first-served basis.
The Rally Token public sale/presale was completed on April 1-3, 2021, on CoinList. The price of the RLY token is expected to be at least 20-50% less in this community sale organized by Coinlist as there is a good amount of lock-up period. There is a 12-month lockup period for Rally tokens purchased during the Coinlist community public sale. In which, you will get 50% of your coins just after 6 months and then the remaining 50% every month till the next six months.
Rally token will be a good investment because its product is already live and improving constantly. It is also backed by a crypto giant Coinbase Ventures, which picks very unique and great products.
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Rally's utility
Rally is a blockchain-based content platform that allows creators and communities to purchase creator coins to show support for their favourite brands. It is a decentralised platform that is governed by creators and community members across all social platforms.
The RLY protocol enables application developers to build cutting-edge social token products powered by the RLY token. The protocol leverages token bonding curves (TBCs) between RLY and various sub-tokens and can support multiple chains, including Ethereum and Solana.
The RLY token has four main utilities:
- Passive Income: RLY token holders can earn liquidity staking rewards, putting their assets to work to generate returns.
- Access to Exclusive Groups: RLY token holders can join exclusive Discord groups ("Creator Coin" and "$RLY") and achieve special community roles through active engagement and participation.
- Medium of Exchange: The RLY token is the only tradable cryptocurrency with Rally creator coins. It is used to buy and sell creator coins.
- Voting Rights: RLY token holders can vote on community updates and proposals on Rally.io and the RLY network.
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Rally's risk
Rally (RLY) is a cryptocurrency platform that allows creators to start their own digital currency with their Rally token. Fans can purchase the creator's currency and use it to unlock exclusive or unreleased content. It is a decentralised platform that is completely governed by the community, meaning it is controlled by creators and community members across all social platforms.
In addition, there is a 12-month lockup period for Rally tokens purchased during the Coinlist community public sale. Investors will receive 50% of their coins after 6 months, and the remaining 50% will be released over the next 6 months.
While Rally token may be a good investment for some, it is important to understand the risks involved. There is a possibility that the platform could get hacked, or that a major social media platform like YouTube could create its own token and make it 100 times more valuable than RLY.
Therefore, it is crucial to do your own research and understand the risks involved before investing in Rally token.
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Frequently asked questions
Rally Crypto is a blockchain-based social network that allows content creators to launch their own social tokens. It is a decentralised platform that is completely governed by the community. While some sources suggest that it is a good investment, others suggest that it is a bad, high-risk investment option.
The Rally Token (RLY) is a cryptocurrency token created over the Ethereum social token. It allows any social media user to create their own token for their fans without any coding.
The Rally Token is currently available on Hotbit exchange, MXC, and KuCoin Exchange without KYC. It was also available on CoinList, but the sale ended on April 3, 2021.
As of August 5, 2024, the current price of the Rally Token is 0.00541 USD.
According to Wallet Investor, the Rally Token is a bad long-term (1-year) investment. The price of the token may drop from 0.00541 USD to 0.000284 USD.