Tag: price analysis

Bitcoin, MicroStrategy, Legal Victories, SEC’s Strategy, BRICS Payments, and Tether’s Milestone

Post By Cryptocurrency , , , ,

Explore the latest insights from StealthEX and CryptoDaily! We’re eager to share with you an easy-to-follow, succinct recap of the pivotal events shaping the crypto space. Intrigued by the foremost news in the crypto universe this week? Let’s dive in right now!

StealthEX & CryptoDaily News

Bitcoin’s Roller Coaster Day: From Peak to Crash and Back

In an unprecedented 24-hour period, Bitcoin experienced a wild ride, hitting an all-time high (ATH) before plunging $10,000 and then making a remarkable recovery of over $8,000. This dramatic sequence of events underscores the volatile nature of cryptocurrency trading, which remains an exhilarating yet risky endeavor.

The excitement began when Bitcoin briefly touched the $69,000 mark, setting a new ATH. However, the celebration was short-lived as a massive sell-off ensued, driving the price down to $59,000. Despite this steep decline, the cryptocurrency showed resilience, bouncing back significantly from its low point.

This volatility led to a frenzy of trading activity, with both long and short positions facing significant liquidations. According to Coinalyse, $163 million in long positions were wiped out during the downturn, and $87 million in shorts were liquidated as the price rebounded. The current long to short ratio stands at 59%/41%, indicating a cautious optimism among traders about Bitcoin’s direction.

Amidst this chaos, Bitcoin ETFs witnessed record trading volumes, with a staggering $10 billion traded in a single day. This surge in activity highlights the growing interest and investment in cryptocurrency, despite its inherent risks.

MicroStrategy’s Bold Move: $600M Investment to Boost Bitcoin Holdings

MicroStrategy, a leading corporate investor in Bitcoin, has announced a strategic plan to enhance its cryptocurrency portfolio. The company intends to raise $600 million through the sale of senior convertible notes due in 2030. This move is aimed at acquiring additional Bitcoin and supporting general corporate purposes, as Bitcoin approaches its all-time high of $69,000.

The decision to issue convertible notes is a testament to MicroStrategy’s innovative approach to investment. These notes, which can be converted into equity at a future date, offer the company financial flexibility while ensuring the prioritization of noteholders. This method also allows MicroStrategy to capitalize on the current bullish sentiment surrounding Bitcoin without diluting existing shareholders immediately.

Following the announcement, MicroStrategy’s stock experienced a significant surge, closing the day up 23% at $1,334 per share. Despite a slight dip in after-hours trading, the company’s stock has doubled in value this year, outperforming Bitcoin’s 60% increase over the same period.

MicroStrategy’s aggressive Bitcoin acquisition strategy has paid off, with its holdings now valued at nearly $13 billion. Under the leadership of executive chairperson Michael Saylor, the company has amassed 193,000 BTC at an average buy price of $31,550, resulting in a nearly $7 billion gain on its investment.

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In a significant legal development, the Appellate Court of Montenegro has overturned a previous ruling for the extradition of Terraform Labs co-founder Do Kwon to the United States, marking a pivotal moment in an ongoing international legal saga. This decision temporarily stalls Kwon’s extradition, introducing a new layer of complexity to the case that has captured global attention.

The court’s decision to send the case back for retrial due to procedural violations highlights the intricate legal challenges involved in extradition cases. Kwon, who faces fraud charges in the U.S. related to the Terra ecosystem collapse, has been in a legal limbo since his arrest in Montenegro for possessing falsified documents.

This ruling not only delays Kwon’s potential extradition but also ignites debates over the legal precedents and international relations involved in such high-profile cases. Kwon’s legal team celebrated the decision, emphasizing its significance in the broader context of legal rights and procedural fairness.

SEC’s Strategy on Ether ETFs: A Game of Patience

The Securities and Exchange Commission (SEC) has once again deferred its decision on the highly anticipated spot Ether ETF proposals, extending the suspense for industry giants like BlackRock and Fidelity. This move continues the SEC’s pattern of postponements, fueling speculation and anticipation among investors and market watchers.

The delay reflects the SEC’s cautious approach to cryptocurrency ETFs, despite having approved several spot Bitcoin ETFs earlier. The decision to push back the verdict on Ether ETFs, initially submitted by BlackRock in November of the previous year, underscores the regulatory challenges and considerations in the rapidly evolving crypto market.

Bloomberg ETF analyst James Seyffart has pinpointed May 23 as a critical deadline for the SEC, marking the end of a 240-day review period for proposals from other contenders. This date is now viewed as a potential turning point for the approval of spot Ether ETFs, with Seyffart estimating a 60% chance of approval by then.

Despite the SEC’s hesitancy, the market has reacted positively, with Ether’s price surging by 56.7% over the past month. This optimism reflects the broader market sentiment that approval of a spot Ether ETF could be imminent, although some industry observers remain cautious about the potential impact compared to the success of spot Bitcoin ETFs.

BRICS Nations Forge Ahead with Blockchain-Based Payments System

The BRICS consortium, comprising Brazil, Russia, India, China, and South Africa, has unveiled ambitious plans to develop a blockchain-based payments system. This groundbreaking initiative aims to bolster the economic ties among these emerging economies, reduce reliance on the US dollar in international transactions, and challenge the financial dominance of Western nations.

Yuri Ushakov, a Kremlin aide, emphasized the system’s objectives, highlighting its focus on leveraging cutting-edge digital technologies and blockchain to create a platform that is convenient, cost-effective, and politically neutral for governments, businesses, and citizens alike. This move is seen as a strategic step towards enhancing the BRICS bloc’s influence in the global monetary system.

The proposed payment system is expected to utilize digital assets and cryptocurrencies, facilitating cross-border transactions among member nations and other developing countries. This could significantly impact the global demand for the US dollar, potentially altering its dominance in international trade and finance.

Details regarding the technical specifics of the payment system, such as whether an existing blockchain platform will be used or a new one will be developed, remain undisclosed. Similarly, the timeline for the launch of this ambitious project has not been revealed.

This initiative is an extension of the BRICS Contingent Reserve Arrangement (CRA), established in 2014 with a $100 billion commitment to provide liquidity support among member nations. The CRA aims to diminish reliance on US dollar-denominated assets, strengthening the global financial safety net and promoting the use of member countries’ currencies.

Tether’s Milestone: USDT Market Cap Surpasses $100 Billion

Tether (USDT), the leading stablecoin, has achieved a significant milestone by surpassing a market capitalization of $100 billion. This development not only cements USDT’s position as a dominant player in the stablecoin market but also widens its lead over its closest competitor, USD Coin (USDC), by over $71 billion.

USDT’s market cap briefly reached the $100 billion mark on March 4th, according to CoinGecko, although other data sources like CoinMarketCap have yet to confirm this figure. The fluctuation in market cap is a reflection of the dynamic nature of the cryptocurrency market, influenced by current prices and circulating supply. This year, USDT has seen a 9% growth in market cap, indicating increased investor interest and confidence in the stablecoin.

The surge in USDT’s market cap is attributed to its role as a preferred medium for trading and hedging in the volatile cryptocurrency market. USDT maintains a peg to the US dollar, offering a stable asset for traders and investors looking to avoid the price swings of other cryptocurrencies. Recent trading activity has seen USDT’s price exceed its $1 peg, suggesting a high demand for the stablecoin amid a bullish crypto market.

Despite its success, Tether has faced scrutiny over the assets backing USDT. The company claims that each USDT token is backed 1:1 with independently audited reserves, primarily consisting of yield-bearing US Treasury Bills. Tether reported a record quarterly profit of $2.85 billion in Q4 2023, with a significant portion of its earnings derived from these Treasury Bills.

This article is not supposed to provide financial advice. Digital assets are risky. Be sure to do your own research and consult your financial advisor before investing.

Tags: Bitcoin crypto crypto world cryptocurrency price analysis

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#Bitcoin #MicroStrategy #Legal #Victories #SECs #Strategy #BRICS #Payments #Tethers #Milestone

Bitcoin Halving 2024: What to Expect? Estimates, Forecasts, Concerns, and BTC Price

Post By Cryptocurrency , , , ,

Bitcoin halving is a fundamental mechanism to regulate the amount of new Bitcoin that enters circulation and happens as part of the protocol’s design. Bitcoin operates on a deflationary model, with a capped supply of 21 million coins. To control the rate at which new Bitcoins are introduced into circulation, the protocol undergoes a halving event approximately every four years. During a halving, the reward that miners receive for validating transactions and securing the network is cut in half. In this article, we’ll try to find out what Bitcoin Halving 2024 is and how it’s going to affect BTC price.

Bitcoin Halving 2024

The intended 21 million coin cap will be achieved at some point in 2140, at which point this rewards program will end. At that point, network users will pay miners’ fees in exchange for their processing of transactions. These costs guarantee that miners will continue to be motivated to contribute and maintain the network. As per Bitcoin halving dates history, the last three halvings occurred in 2012, 2016 and 2020. The first Bitcoin halving, or Bitcoin split, occurred in 2012 when the reward for mining a block was reduced from 50 to 25 BTC. 

Assuming the network uses Proof-of-Work (PoW), a blockchain protocol incorporates a halving event right from the start of its genesis block. Essentially, just two lines of code define this recurrent event: one indicates when a halving occurs, and the other indicates when the connected blockchain should cease halving. For Bitcoin, this is after 64 times. Halving is important; the halving policy was written into Bitcoin’s mining algorithm to counteract inflation by maintaining scarcity. In theory, the reduction in the pace of Bitcoin issuance means that the price will increase if demand remains the same.

Historical Overview of Bitcoin Halvings

The initial halving of Bitcoin occurred on November 28, 2012, when the price of BTC was approximately $12. A year later, Bitcoin had increased to almost $1,000. When the second halving happened on July 9, 2016, the price of Bitcoin fell to $670, but by July 2017, it had risen to $2,550. In December 2017, Bitcoin also hit its previous all-time high of over $19,700. At the time of the most recent Bitcoin halving in May 2020, the price of BTC was $8,787. By November 2021, it had reached an all-time high of about $69,000.

Bitcoin’s Price Tends to Increase Post-Halving

Bitcoin’s Price Tends to Increase Post-Halving, source: Crypto.com

Bitcoin halvings have historically caused major changes in the cryptocurrency landscape by adjusting the dynamics of Bitcoin’s supply and demand. Because fewer Bitcoins are being created, the value of already-existing Bitcoins may increase due to their increasing scarcity as a result of the drop in block rewards. After the halving, there is typically a spike in Bitcoin volatility and a general optimistic mood on the market. As less Bitcoin is made accessible for mining, the value of the remaining Bitcoin increases and becomes a more alluring asset for investors. When examining the post-halving surges in Bitcoin, one should also take into account other factors:

  • Increased media attention to cryptocurrencies and Bitcoin.
  • A fascination with the digital asset’s anonymity.
  • A gradual increase in real-world use cases for the currency. 
Bitcoin Halving History

Bitcoin Halving History. Source: BitPanda

When Is the Next Bitcoin Halving?

The most recent Bitcoin halving event took place on 12 May 2020. The block reward was promptly slashed in half as soon as the Bitcoin blockchain reached the halving block, and the halving event was carried out practically instantly. Although the exact date is not confirmed, the next Bitcoin halving is scheduled to take place in April 2024.

Bitcoin Halving 2024: What to Expect?

For Bitcoin miners, the halving poses a difficulty. As a result of the reduction in Bitcoin supply from 6.25 to 3.125 BTC per block, the revenue received by miners from block rewards is essentially being slashed in half. Furthermore, costs are rising as well. An important factor in determining miners’ costs is the hash rate, which is a measure of the overall processing power required to mine and process transactions on the Bitcoin network. It also acts as a stand-in for mining difficulty. The most recent spike, which was partially caused by Bitcoin’s price increase in 2023 and businesses purchasing more effective mining gear in response to favorable market conditions, emphasizes the growing difficulties faced by miners. Many miners may find themselves in a precarious situation in the near future as a result of a combination of falling revenue and rising costs.

On the surface, it seems like more investors are paying attention to specific ETF products, which is good for the price of Bitcoin. However, this outlook has been dampened by reducing miner reserves. The quantity of Bitcoin kept in miner treasuries is referred to as miner reserves. The CrptoQuant research claims that after the ETF was approved a few weeks ago, miner outflows have increased dramatically, reaching levels not seen since June 2021.

Miners delivered almost $1 billion in Bitcoin to exchanges on January 12, shortly after ETFs began trading. After a startling rise in Bitcoin prices to a two-year high, miners most likely sold to cash out. The ongoing selling by miners may be related to the recent slowdown in the price of Bitcoin. Following the approval of the ETF, the price of Bitcoin fell by 20%, hitting a yearly low of $39,000. 

Market Predictions for BTC Price and Expert Opinions

Examining the price dynamics in the year preceding and following the halving events over the last three cycles reveals significant growth for Bitcoin. During these two-year spans, Bitcoin experienced remarkable increases: approximately 30,000% in 2012, 786% in 2016, and 712% in 2020. If Bitcoin continues to show the same performance this time, its price could reach the $220k mark in 2025. There are, however, a few distinct reasons why the next Bitcoin halving is anticipated to be unlike the others. The rising involvement of institutional investors in the bitcoin market is one of the main characteristics that sets this halving apart. We’ve noticed an increase in interest in recent years from institutional actors like asset managers, hedge funds, and even conventional banking institutions. There has never been a halving with the degree of capital and experience that these institutional investors offer.

Another factor that sets this halving event apart is the growing popularity of Bitcoin among general users. The interest in and adoption of cryptocurrencies by both individuals and businesses has increased over the last few years. Moreover, because of its decentralized structure and restricted supply, Bitcoin remains an attractive option in uncertain economic times, which may increase demand during this specific halving.

Since the supply of Bitcoin will be drastically reduced in April due to the halving, a rally in price is most likely to occur when demand either rises or stays the same. Experts like Coinpedia believe that in 2024 Bitcoin can even reach an all-time high of $120,000. Predictions from various sources, including Standard Chartered, and Morgan Creek Capital, anticipate Bitcoin exceeding $100,000 and even $300,000 by 2028. 

A month ago Skybridge Capital’s managing partner and founder, Anthony Scaramucci, predicted a surge for Bitcoin in the future. His prediction puts the token’s market value at least $170,000, which could increase depending on the current BTC price. He used a minimum value of $35,000, which he called conservative, stating that the BTC could rise to $60,000 before the halving event.

According to Bloomberg Intelligence and Matrixport, the cryptocurrency’s value might rise by at least 81% as a result of the halving. Although the price of Bitcoin is now at about $30,000, analysts think it may rise to $50,000 or even more by April 2024. But obstacles like economic uncertainty and regulatory crackdowns might affect this forecast. 

Nasdaq and VettaFi highlight the views of the Twitter account known as BitQuant, which believes that Bitcoin is going to reach a new all-time high before halving. BitQuant predicts that Bitcoin will not reach $160,000 before the halving and could experience pullbacks, with a price forecast of $250,000.

In the cryptocurrency world, there is a lot of discussion and interest in BTC price projections for the 2024 halving. Although there may be differences in opinion among experts, the majority of them think that Bitcoin’s price will rise over time as a result of its growing popularity and limited supply. Some even predict that the 2024 halving will spur more institutional investment in the cryptocurrency, which will raise its price even further. 

Impact of Bitcoin Halving 2024 on the Crypto Ecosystem

Over time, the halving serves to further emphasize Bitcoin’s inherent scarcity, which is one of the main draws for many users who view it as ‘digital gold.’ If demand keeps increasing, the slower rate at which new bitcoins are created can push the price higher. But after a halving, this effect takes time to manifest; it happens over the course of months and years.

Furthermore, the need for miners to continue making a profit could encourage advancements in sustainable energy sources and mining technology. The motivation to look for less expensive, more sustainable energy sources increases as mining returns decrease. Regarding the effects of Bitcoin mining on the environment, this trend may be beneficial.

Generally speaking, the halving event also acts as a recurring reminder of the distinctive economic model of Bitcoin, which may stimulate interest and adoption among new users. The halving events of Bitcoin may contribute to its broader adoption as a store of value and investment asset as it develops.

Will Bitcoin Go Up After Halving?

It is anticipated that BTC’s price will rise either before or after the halving event. There is no certainty, but it’s very likely.

When in 2024 Is the Next Bitcoin Halving?

The next Bitcoin halving is expected to take place in April 2024. Since the date is dependent on the block height, it is hard to predict the exact Bitcoin halving dates.

What Is the Price Prediction for Bitcoin Halving 2024?

Experts conclude that Bitcoin can rise in price anywhere from $50,000 to $170,000.

Is Bitcoin Halving Good or Bad?

The Bitcoin halving is considered a good economic model, since it puts disinflationary pressure on the virtual currency and helps it appreciate over time (as long as demand for Bitcoin keeps rising).

Should I Buy Bitcoin Before or After Halving?

It’s best to buy Bitcoin during the crypto winter when the market is at its all-time lows. And don’t forget to do your own research before buying any cryptocurrency. 

Conclusion

The Bitcoin halving event remains a highly awaited event in the cryptocurrency world due to its nature and impact on the crypto market. The supply of new Bitcoins entering the market will be cut in half, and it is anticipated that the impending halving will follow the old and tried pattern. However, a number of unique factors set this BTC halving apart from others. First of all, compared to prior years, investors and the general public have a better knowledge and comprehension of Bitcoin. Secondly, with large financial institutions announcing plans to offer cryptocurrency services to their clients, institutional investors have begun to express interest in Bitcoin. This inflow of institutional capital may increase demand for Bitcoin and lead to an increase in its value. Finally, the technology that underpins Bitcoin storage and transactions has had a major upgrade. The development of safe wallets and exchanges has made it easier for individuals to buy, sell, and store cryptocurrency safely.

With so many new investors and the general public awareness of Bitcoin the halving event of 2024 is likely to bring new surprises, perspectives, and outcomes for the crypto market.

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Bitcoin Halving 2024 - BUY BTC

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SEI Price Prediction 2024, 2025, 2026, 2027-2030: Can SEI Reach $100?

Post By Cryptocurrency , , , ,

SEI crypto is regarded as one of the quickest Layer-1 blockchains on the market. Due to its dedication to facilitating the widespread adoption of digital assets through the implementation of a very potent chain in 2023, the SEI project has received a great deal of attention. Let’s take a look at this rising star of interoperability. Discover SEI price prediction in StealthEX’s latest article.

Current SEI Price SEI Price Prediction 2025 SEI Price Prediction 2030
$0.64 $2.35 $7.39
Sei Price Prediction

Sei (SEI) Crypto Overview

SEI was founded by Sei Labs bosses Jayendra Jog and Dan Edlebeck in 2023. The Sei blockchain promises transaction speeds of as little as 250 milliseconds. It uses a form of Proof-of-Stake (PoS) consensus mechanism to process transactions and add blocks to the blockchain. SEI holders add blocks to the blockchain based on how many coins they hold.  By improving trade capabilities, Sei, a Layer-1 blockchain based on the Cosmos software development kit, seeks to transform decentralized exchanges (DEXs).

Current Price $0.64
Market Cap $1,558,317,462
Volume (24h) $240,733,315
Market Rank #47
Circulating Supply 2,425,000,000 SEI
Total Supply 10,000,000,000 SEI
1 Month High / Low $0.8755 / $0.5632
All-Time High $0.8755 Jan 04, 2024 (9 days ago)

Sei Labs positioned Sei as the answer to managing growing on-chain volume in response to impending and current regulatory crackdowns on centralized exchanges, positioning Sei as a key player in the developing field of decentralized apps. Additionally, the Sei Network’s testnet results showcase its potential, albeit competing with Nano (XNO), which reports an average finality of less than 400ms on the mainnet.

The SEI token plays a multifaceted role within the network, contributing to the seamless functionality of the Sei blockchain. Its key functions encompass:

  1. Network Fees: SEI facilitates the payment of transaction fees on the Sei blockchain, ensuring smooth and efficient transactions.
  2. DPoS Validator Staking: SEI holders possess the flexibility to delegate their holdings with validators or stake SEI to operate their own validator, actively participating in securing the network.
  3. Governance: SEI holders wield the power to engage in the future governance of the protocol, contributing to the decision-making processes that shape the network’s trajectory.
  4. Native Collateral: SEI serves as native asset liquidity or collateral for applications built on the Sei blockchain, enhancing the versatility and utility of the token.
  5. Fee Markets: Users can opt to pay a tip to validators, prioritizing their transactions and fostering a system where such tips can be shared with users delegating to that specific validator.
  6. Trading Fees: SEI holds significance as trading fees on exchanges constructed on the Sei blockchain, further solidifying its role in the operational framework of the platform.

Sei Features

SEI offers a number of features that can bring valid additions to the crypto industry. These are:

  1. Optimistic Parallelization. Allows concurrent transaction processing, significantly increasing throughput and efficiency. In cases of state conflicts, transactions are reprocessed sequentially to maintain data integrity.
  2. Backwards Compatibility. It enables developers to deploy existing EVM smart contracts on Sei without any code changes, streamlining the transition to Sei v2.
  3. SeiDB. An improved storage layer that reduces state bloat and enhances read/write performance, facilitating easier syncing for new nodes and supporting scalability.
  4. Enhanced Performance. Features rapid transaction processing with 390 ms block times and finality, and a high throughput of 28,300 batched transactions per second, all at lower transaction costs.
  5. Interoperability. Seamlessly integrates EVM and other execution environments on Sei, offering a cohesive and user-friendly experience.

Sei (SEI) Price History Highlights 

  • 2023: The Layer-1 blockchain Sei’s SEI coin reached an all-time high in late December 2023. The cryptocurrency, which came out in August 2023, recorded open interest, the amount of outstanding contracts in a derivatives market, of more than $160 million.
  • 2024: At the moment, in February 2024, it costs around $0.63-0.65.

Sei Crypto Price Chart  

SEI Price Prediction - SEI Price Chart

CoinMarketCap, 2 February 2024

SEI Price Prediction

Year Minimum Price Maximum Price Average Price Price Change
2024 $0.56 $2.03 $1.29 +102%
2025 $1.36 $3.34 $2.35 +267%
2026 $1.86 $2.36 $2.11 +230%
2027 $2.44 $4.29 $3.37 +426%
2030 $4.27 $10.52 $7.39 +1056%

SEI Crypto Price Prediction 2024

DigitalCoinPrice experts believe that in 2024, Sei will develop further and this, in turn, can cause the price of token to rise above its current levels. According to their estimations, in 2024 SEI crypto’s price might go as low as $0.56 (-12%), while its maximum price can reach $1.39 (+117%).

PricePrediction crypto analysts think that in 2024 SEI crypto will continue to grow. Its minimum low can reach $0.92 (+44%), while at its maximum Sei crypto will rise to $1.08 (+69%).

WalletInvestor crypto experts think that by the end of 2024 SEI coin will slowly rise in price. According to this website, it can cost as low as $0.6092 (-5%), while at its peak it can go as high as $2.036 (+218%).

Sei Price Prediction 2025

According to DigitalCoinPrice, Sei token continues to grow. Based on their analysts’ forecasts, in 2025, SEI might jump to $1.62 (+153%) per coin at its highest point. At its lowest point, SEI token can reach $1.36 (+113%).

Based on the experts’ forecasts at PricePrediction, in 2025, SEI crypto will continue to grow in a bullish environment. Its lowest price can begin at $1.37 (+114%) and it can also reach $1.58 (+147%) at its peak.

WalletInvestor believes that in 2025, SEI token will continue to rise in price and reach its highest price levels by the end of the year. The website’s analytics predict that in December 2025 SEI’s price might go as low as $1.71 (+167%), while at its peak it can reach $3.34 (+422%).

SEI Price Prediction 2026

DigitalCoinPrice believes that by 2026, SEI coin will reach new all-time highs: at its low, SEI coin can drop to $1.86 (+191%), while its maximum price will go as high as $2.31 (+261%).

PricePrediction analysts promise that in 2026, SEI’s lowest price will drop to $1.92 (+200%), while at its peak it can go as high as $2.36 (+269%).

Sei Price Prediction 2027

DigitalCoinPrice crypto analysts think that by 2027, SEI coin will be making further progress: its minimum price can drop to $2.44 (+281%), while at its peak it can reach $2.9 (+353%).

PricePrediction believes that SEI token will accelerate in terms of price. According to them, this cryptocurrency can go as low as $2.79 (+336%), while at its peak it can go as high as $3.4 (+431%).

According to WalletInvestor forecasts, Sei crypto will make good progress. This website believes that Sei token can go as high as $5.934 (+827%) per coin. It can also drop to the lowest price of $4.29 (+570%) that year.

SEI Token Price Prediction 2030

DigitalCoinPrice believes that by 2030 SEI will continue to rise in price: at its low, SEI coin can drop to $4.27 (+567%), while its maximum price will go as high as $4.72 (+638%).

PricePrediction crypto experts believe that by 2030, SEI will go above $10 in price or come close to that. According to their estimates, the coin’s lowest price will drop to $8.85 (+1,283%), while the maximum price is projected to be around $10.52 (+1,544%).

SEI Price Prediction 2040

According to Telegaon price predictions, by 2040 Sei crypto will continue to develop, slowly but steadily. The coin can reach $15.34 (+2,297%) at its maximum. It can also drop to a minimum of $12.56(+1,863%) per coin.

SEI Price Prediction: Experts’ Opinions

According to CoinMarketCap, SEI is among the fastest-growing Layer-1 blockchain ventures. With its recent V2 upgrade, Sei (SEI) demonstrates promise that could propel its rally. The future growth of this coin hinges upon two key factors: its capacity for capitalizing on prevailing market trends and sustaining investor interest.

Just recently, an analyst from the More Crypto Online YouTube channel has suggested the price of SEI could go higher following an 84.6% price surge a couple of weeks ago. According to data from CoinGecko, a cryptocurrency data aggregator with over 11,000 different crypto assets, the price of Sei (SEI) has witnessed a massive increase.

SEI USDT Price Technical Analysis  

SEI Price Prediction - SEI USDT

Tradingview, 2 February 2024

Now that we’ve seen possible price predictions for SEI, let’s find out a bit more about the factors that can influence its price and the possible outcomes for this unique coin.

Factors Affecting SEI Coin Price

The potential industry scaling, network advancements, and community growth of Sei’s ecosystem raise the chances for higher heights. Additionally, there is a tendency for a higher price level of $0.95 in 2024-2025 due to anticipated strategic partnerships, technology upgrades, and market conditions. However, the possibility of these events will depend on a solid foundation. In general, Sei has the potential for a remarkable price surge in the coming years. Numerous experts and fundamental analysts have opined that Sei may reach its highest value by 2030.

When assessing SEI as an investment, keep the following considerations in mind:

  • Regulatory environment for cryptocurrencies.
  • Technological advancements and competition within the DEX space.
  • Global economic conditions and investor sentiment.
  • Investor interest.
  • Positive news and developments.

Risks and Opportunities

Unlike centralized exchanges, Sei doesn’t favor specific assets or applications, enabling access to many tokens from various blockchain applications. In addition, it addresses the challenge of complete decentralization, providing top-tier security and capital efficiency to dApps, referred to as the ‘Exchange Trilemma.’ It does this through an innovative solution to avoid the pitfalls that have affected dApps in recent years. Moreover, Sei tackles common issues in decentralized exchanges, including front-running and maximal extractable value. The Tendermint Core mechanism achieves this by leading to a more equitable and efficient trading platform.

At the heart of the Sei blockchain lies its native token, SEI, serving multiple roles within the ecosystem, including transaction fee payments and network security staking. Additionally, SEI’s rapid listing on top exchanges indicates promising market engagement.

However, Sei price prediction may appear inconsistent with multiple crypto experts and analysts. This means there is no guaranteed method to deduce the future price of virtual assets. This is due to the several factors influencing the market, impacting their prices.

Is Sei Crypto a Good Investment?

Maybe it’s a little early to tell. Remember, SEI has only been involved in trading since August. As a result, we are unsure of how well or poorly it will react to changes in the market. Additionally, we are unsure about its ability to acquire any traction. As is always the case with cryptocurrencies, you should conduct independent research before choosing to invest in SEI.

Will SEI Price Hit $1 Soon?

According to PricePrediction, SEI can hit $1 and go beyond it already in 2024.

Can SEI Crypto Reach $100?

According to numerous experts, its price will not reach $100. However, it can still climb high, up to $30, in the next 10 years.

What Is the Price Prediction for SEI Coin in 2025?

According to DigitalCoinPrice, in 2025 Sei token might reach $1.62.

Conclusion

The extraordinary rise of the Sei blockchain and the spike in value of the SEI token highlight its potential to completely transform the cryptocurrency trading market. By focusing on speed, cutting-edge features, and tactical enhancements, Sei hopes to become a major force in the blockchain space. Investors and cryptocurrency aficionados will be eagerly following Sei’s and its competitors’ developments as the market develops. In addition to being an asset, SEI offers traders, investors, and fans a window into the financial industry’s future.

SEI has established a name for itself in the fast-paced and frequently unpredictable world of cryptocurrencies, proving that success is not only attainable but also guaranteed with the correct combination of technology, community, and approach.

Where Can to Buy SEI Coins?

StealthEX is here to help you buy Sei (SEI) if you’re looking for a way to invest in this cryptocurrency. You can buy SEI privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy SEI Token: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

  • Choose the pair and the amount you want to exchange — for instance, ETH to SEI. 
  • Press the “Start exchange” button.
  • Provide the recipient address to transfer your crypto to.
  • Process the transaction.
  • Receive your crypto coins.
Sei Price Prediction - Buy SEI Token

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

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IOTA Price Prediction 2024, 2025, 2030, 2040: Will IOTA Reach $10?

Post By Cryptocurrency , , , ,

IOTA is a decentralized distributed ledger designed with the ‘Internet of Everything’ in mind. This is a special kind of network that allows machines and people to exchange currency and data. IOTA doesn’t run on the blockchain, at least not in the same way as the majority of other projects. IOTA had a vision of a different type of blockchain and set about to design its own system of validator nodes, called Tangle. Discover IOTA price prediction in StealthEX’s latest article.

Current IOTA Price IOTA Coin Price Prediction 2025 IOTA Token Price Prediction 2030
$0.2361 $1.4 $4.63
IOTA Price Prediction

IOTA (IOTA) Overview

The goal of IOTA, an open-source, scalable distributed ledger and it is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS). In essence, it is a blockchain-based project that aims to conduct transactions between machines and devices that are connected to the Internet of Things (IoT). IOTA plans to become a major player in the next industrial revolution, which will need the development and upkeep of machine economies in addition to the management of financial relations between humans and machines.

Current Price $0.2361
Market Cap $735,457,101
Volume (24h) $139,065,714
Market Rank #80
Circulating Supply 3,114,679,008 IOTA
Total Supply 3,114,679,008 IOTA
1 Month High / Low $0.3264 / $0.1967
All-Time High $5.69 Dec 19, 2017

Unlike cryptocurrencies built on blockchains, IOTA has suggested a distinct data structure called Tangle. Numerical representations are stored and managed in a certain way by this kind of organization. By removing the topographical obstacles and conventional constraints associated with utilizing traditional blockchain, it enables the IOTA network to solve Bitcoin’s scaling issue. Tangle doesn’t require blockchain miners or a consensus algorithm to validate transactions. For traditional blockchains like Bitcoin, transactions are validated by blockchain mining using a Proof-of-Work (PoW) consensus algorithm. For Tangle, messages are validated by IOTA’s ‘Coordinator’ network node by determining whether the message contains a reference to a milestone.

IOTA was co-founded by David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Serge Ivancheglo in 2015. It was created as a specialized peer-to-peer distributed ledger. Its primary objective was (and still is) to democratize and power the Internet of Things (IoT).

IOTA Features

IOTA offers a number of unique features that are typical for this project. These are:

  1. No fees. IOTA doesn’t charge transaction processing fees, in contrast to conventional cryptocurrencies. Transactions are smooth and economical since the amount put to the recipient’s wallet and the amount taken from the sender’s wallet are exactly equal.
  2. DAG consensus algorithm. Tangle is a direct acyclic graph (DAG) consensus algorithm. With this method, there are no miners or validators, no blocks and no transaction fees. This allows the crypto to overcome cost and scalability issues of blockchain.
  3. Faster transactions. Conventional blockchains often experience bottlenecks due to the time it takes to create new blocks. The Bitcoin blockchain can handle roughly five transactions per second (TPS), although this may vary at times. For Ethereum, it’s typically around 15 TPS. For IOTA, it’s possible for its network to handle up to around 1,000 TPS.
  4. Energy efficient. IOTA is designed to accommodate devices such as sensors that operate in a low-energy environment. Even IoT devices with minimal computing power, like toasters, can write data to IOTA’s Tangle.
  5. Interoperability. Seamlessly integrates EVM and other execution environments on IOTA, offering a cohesive and user-friendly experience.

IOTA (IOTA) Price History Highlights 

  • 2017: IOTA first exploded on the scene in late 2017. On Dec. 19, 2017, six months after the project was first made available on a token exchange, IOTA skyrocketed over 1,000,000% to an all-time-high of $5.69, giving the token a market capitalization of over $12 billion and making it the seventh-largest cryptocurrency by market cap at the time.
  • 2018: The cryptocurrency asset closed out 2018 at a price of just $0.20 per IOTA coin, resulting in an over 90% drop from all-time high prices.
  • 2019: In 2019, soon crypto investors found themselves asking why is IOTA going up once again, as the asset doubled in price with a 100% ROI after reaching a local high of $0.50 per token. In late 2019, IOTA set another new, bear market low, at $0.14 per token.
  • 2020: IOTA hit an all-time-low of $0.07962 on March 13, 2020. That came during a period of major tension between the IOTA Foundation board that caused co-founder Sergey Ivancheglo to leave the project and followed several days of network shutdowns.
  • 2021: When 2021 arrived, IOTA was finally turning bullish, reaching as high as $2.70 at the recent local peak. The high, however, was still far less than its all-time high.
  • 2022: On January 1, 2022, the coin opened the price chart at $1.37 but finished the same month at $0.83. Being influenced by a market decline, the token got down again, sliding to a low of $0.237 on May 12, 2022.
  • 2023: Talking about IOTA lowest prices, Dec 16, 2023 surprised traders with the lowest price of $0.2896.
  • 2024: At the moment, IOTA coins price fluctuates around $0.2-0.25.

IOTA (IOTA) Price Chart

IOTA Price Prediction - IOTA Price Chart

CoinMarketCap, 25 January 2024

IOTA Price Prediction

Year Minimum Price Maximum Price Average Price Price Change
2024 $0.19 $1.83 $1.01 +367%
2025 $0.29 $2.65 $1.4 +381%
2030 $1.45 $7.81 $4.63 +2,042%
2040 $13.24 $15.19 $14.2 +6,741%

IOTA Price Prediction 2024

DigitalCoinPrice analysts believe that in 2024, IOTA will be trading more or less within the same price range as it is at the moment. According to their estimates, in 2024 IOTA crypto’s price might go as low as $0.19 (-12%), while its maximum price can reach $0.47 (+117%).

PricePrediction crypto experts are positive about the future of IOTA coin and believe that in 2024 it will be trading within a very narrow margin: at its low it can reach $0.2104 (-2%), while at its maximum IOTA crypto can rise to $0.252 (+16%).

Telegaon crypto experts think that in 2024 IOTA coin will quickly rise in price. According to this website, it can cost as low as $0.94 (+334%), while at its peak it can go as high as $1.83 (+746%).

IOTA Price Prediction 2025

DigitalCoinPrice believes that IOTA coin will continue to develop and reach new price levels. Based on their analysts’ forecasts, in 2025, IOTA can go as high as $0.56 (+159%) per coin. At its lowest point, IOTA coin can reach $0.46 (+112%).

Based on the experts’ forecasts at PricePrediction, in 2025, IOTA crypto will continue to grow. It can plummet to $0.2938 (+35%) and it can also reach $0.3674 (+70%) at its peak.

Telegaon believes that in 2025, IOTA coin will accelerate even more. The website’s analytics predict that IOTA’s price might go as low as $1.86 (+760%), while at its peak it can reach $2.65 (+1,126%).

IOTA Price Prediction 2030

DigitalCoinPrice believes that by 2030 IOTA will be steadily rising in price: at its low it can drop to $1.45 (+570%), while its maximum price will go as high as $1.62 (+649%).

PricePrediction crypto experts believe that by 2030, IOTA will rise in price even higher than in 2025. According to their estimates, the coin’s lowest price will drop to $1.61 (+645%), while the maximum price is projected to be around $2.02 (+834%).

According to Telegaon price predictions, by 2030 IOTA will surely reach its all-time high and even go beyond that. The coin can reach $7.81 (+3,514%) at its maximum. It can also drop to a minimum of $5.56 (+2,472%) per coin.

IOTA Price Prediction 2040

Telegaon states that by 2040 IOTA will at the very least double its value and add some more to it. The coin can reach $15.19 (+6,929%) at its maximum. It can also drop to a minimum of $13.24 (+6,026%) per coin.

Expert Opinions on IOTA Price Forecast

The Internet of Things is not a particularly good fit for traditional blockchain technology. The scaling problems that plague Bitcoin and other blockchain-based cryptocurrencies make it impractical to transfer microtransactions, such as $0.01, due to the transaction fees. IOTA looked away from the blockchain and opted to use a different kind of technology, a Directed Acyclic Graph (DAG). Before any transaction can be processed it needs to process two others, either directly or indirectly. This theoretically allowed the Tangle to accommodate an infinite number of devices. With such innovative mechanisms, IOTA does differ from other projects, analysts say.

Many experts actually believe that IOTA has a promising future in the digital currency space. For instance, CoinMarketCap believes that by 2030 IOTA coin will be valued at around $2.244 on average.

IOTA USDT Price Technical Analysis

IOTA Price Prediction - IOTA USDT

Tradingview, 25 January 2024

Now that we’ve seen possible price predictions for IOTA, let’s find out a bit more about the factors that can influence its price and the possible outcomes for this unusual cryptocurrency.

Factors Affecting IOTA Coin Price

IOTA’s price is determined by the same forces that affect more conventional blockchain-based cryptocurrencies, despite being a unique currency. Even for a cryptocurrency, IOTA’s price has always changed greatly. One of the most important price drivers for a service-focused cryptocurrency, like IOTA, is corporate partnerships. IOTA’s value increased by 90% after the media started to speculate that it had partnered with major players in the sector to launch its data marketplace. After IOTA and Microsoft clarified that they were not in a direct relationship, this then fell by 15%. Additionally, media attention and hype about new features also play a key role in determining the price of a cryptocurrency.

When assessing IOTA as an investment, keep the following considerations in mind:

  • Partnerships.
  • Technological advancements.
  • Market sentiment.
  • Media attention.

Risks and Opportunities

The biggest and most egregious vulnerability concerning the IOTA project relates to the Coordinator. The Coordinator protocol that IOTA works on is centralized, which means that if it stopped working properly, then the entire network could be at risk. This has already happened multiple times, and at one point the IOTA system was unusable for days. Although IOTA aims to be completely decentralized, it won’t be able to achieve this until it is able to function without the centralized coordinator. Should the project improve its security issues, then there are some really good real-world uses that it could be applied to. With its free, instant and limitless transactions, the platform would be perfect as a worldwide payment system.

What Will IOTA Be Worth in 2025?

According to DigitalCoinPrice, it can cost $0.56.

What Will IOTA Be Worth in 2030?

According to PricePrediction, IOTA can hit $1.62 at its highest point.

How Much is IOTA Worth in 2050?

There are few price predictions for IOTA’s distant future, however, Telegaon believes that in 2050 it can reach $30.27 on average. CoinMarketCap experts place IOTA’s maximum price at $14.369.

How Does Iota Price Increase?

IOTA’s price has also varied greatly, even for a cryptocurrency. It changes according to market conditions, news, and media hype.

How High Can the IOTA Price Go?

According to many experts, IOTA coin might have the potential to reach $10, but in a long-term perspective.

Conclusion

At the moment, IOTA coin has a market valuation of around $660 mln, placing it as the 88th largest cryptocurrency globally. However, with good cause, IOTA was once among the top five cryptocurrencies in the world in 2017. It is unquestionably the most popular cryptocurrency and platform for facilitating data transfer between computers, machines, and other gadgets inside the Internet of Things ecosystem (IoT). Additionally, it already boasts a large global clientele and more than 100 partnerships and collaborations with governments, IT firms, and other entities. The bottom line, IOTA has a lot of highly enticing attributes, and hence, many experts expect the price of IOTA to climb in the short and long term.

Where and How to Buy IOTA Coin: Quick-Step Guide

StealthEX is here to help you buy IOTA coin if you’re looking for a way to invest in this cryptocurrency. You can buy IOTA privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount you want to exchange — for instance, ETH to IOTA.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to transfer your crypto to.
  4. Process the transaction.
  5. Receive your crypto coins.
IOTA Price Prediction - Buy IOTA

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

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Bonk Price Prediction 2024, 2025, 2030: Will BONK Coin Reach $1?

Post By Cryptocurrency , , , ,

Join us as we learn more about one of the most popular meme cryptocurrencies called Bonk. BONK was released on Christmas Day, 2022, as a free airdrop to the Solana blockchain community. Operating on the Solana blockchain, it is a cryptocurrency that prioritizes community engagement and decentralized finance concepts, and it has garnered appeal in the Web3 environment. Read about Bonk price prediction in StealthEX’s latest article.

Current BONK Coin Price BONK Price Prediction 2025 BONK Price Prediction 2030
$0.000014 $0.0000502 $0.0001998
Bonk Price Prediction

Bonk Overview

Just like PEPE and DOGE, BONK is a meme coin that draws its inspiration from online jokes, satire, and memes. Meme coins are a means of using Bitcoin to express humor, inventiveness, and social criticism rather than with an eye toward a specific use case. In certain aspects, BONK is different from DOGE and SHIB, while sharing a charming dog as its symbol and emblem. This meme coin came with a mission to be the coin ‘for the people, by the people’ and to support the Solana community. This token swiftly captured the attention of the crypto world, thanks to its surging value and expanding base of users.

Current Price $0.000014
Market Cap $877,061,669
Volume (24h) $160,129,304
Market Rank #74
Circulating Supply 63,333,513,043,628 BONK
Total Supply 93,623,070,761,873 BONK
1 Month High / Low $0.00002492 / $0.000009428
All-Time High $0.00003419 Dec 15, 2023

50% of BONK’s total supply was airdropped to the Solana community, while the main purpose of the team behind it is to bring back liquidity to decentralized exchanges built on Solana. In fact, that’s pretty much everything the document outlines, alongside the token distribution.

As mentioned above, 50% of the supply was airdropped to the Solana community, divided as it follows:

  • 20% of it went to Solana NFT collections (297K individual NFTs).
  • 15% to early OpenBook traders.
  • 10% to Solana collectors and artists.
  • 5% to Solana developers.

BONK Features

Bonk can be distinguished by a number of features:

  1. BONK is built on Solana. Referred to as the ‘Ethereum killer’ when it launched, Solana is a fast, scalable, and low-cost blockchain platform that supports smart contracts and decentralized applications with over 400 dApps currently running on its network.
  2. BONK’s integrated with the Solana ecosystem. BONK’s whitepaper outlines its ambition to become the ‘community coin of Solana,’ used across numerous decentralized applications. 
  3. Community-driven nature. The team behind BONK does not have any control over the coin’s supply or direction. Instead, they have delegated 15% of the total supply to a decentralized autonomous organization (DAO) called Bonk DAO. The Bonk DAO is responsible for making decisions regarding the future development and governance of BONK. Anyone who holds BONK tokens can participate in the Bonk DAO by voting on proposals or submitting their own ideas.

Bonk Crypto Price: History Highlights

  • 2022: BONK’s price momentum began surging in October, after the introduction of single-sided staking BONK pools. BONK was launched with a massive airdrop on December 25, 2022, as a Christmas gift to the Solana community. 
  • 2023: The price of BONK coin reached its all-time high at the end of 2023, when it skyrocketed to $0.00003419.

Bonk (BONK) Price Chart

Bonk Price Prediction - BONK Price Chart

CoinMarketCap, 16 January 2024

Bonk Price Prediction

Year Minimum Price Maximum Price Average Price Price Change
2024 $0.0000126 $0.0000604 $0.0000365 +160%
2025 $0.0000301 $0.0000703 $0.0000502 +258%
2030 $0.0000946 $0.000305 $0.0001998 +1,325%

Bonk Coin Price Prediction 2024

DigitalCoinPrice experts believe that in 2024, BONK will drop to a price level of $0.0000126 (-10%), while its maximum price can reach $0.0000307 (+118%).

PricePrediction crypto analysts think that in 2024 BONK can drop to $0.000023 (+64%), still reaching a price above its current level, while at its maximum BONK crypto will rise to $0.000027 (+92%).

Telegaon analysts believe that in 2024 Bonk crypto might go to a lowest price level of $0.0000512 (+265%), while at its peak it can go as high as $0.0000604 (+330%).

BONK Token Price Prediction 2025

According to DigitalCoinPrice, in 2025 Bonk token can go as high as $0.0000359 (+156%) per coin at its highest point. At its lowest point, BONK token can reach $0.0000301 (+114%).

Based on the experts’ forecasts at PricePrediction, in 2025, Bonk will stay bullish. Its lowest price can begin at $0.000033 (+135%) and it can also reach $0.000040 (+185%) at its peak.

Telegaon believes that in 2025, BONK token will continue rising in price. BONK’s price might go as low as $0.0000613 (+337%), while at its peak it can reach $0.0000703 (+401%).

Bonk Crypto Price Prediction 2030

DigitalCoinPrice crypto analysts think that by 2030, BONK coin will make good progress: at its low, BONK coin can drop to $0.0000946 (+574%), while its maximum price will go as high as $0.000105 (+648%).

According to PricePrediction, in 2030, BONK will drop in price to $0.000214 (+1,426%), while at its peak it can go as high as $0.000249 (+1,676%).

According to Telegaon price predictions for 2030, BONK crypto will skyrocket. In 2030, Bonk can go as high as $0.000305 (+2,075%) per coin. It can also drop to the lowest price of $0.000186 (+1,226%) that year.

BONK Price Prediction: Experts’ Opinions

It’s worth mentioning that meme currencies have no utility: they typically serve as a fun joke for the crypto community, but come with the ability to destroy millions of dollars in seconds. Bonk coin has a simple one-page website that provides all the information needed to maintain a basic online presence. With a growing community and potential for market cap growth, the meme coin Bonk has the potential for a big rise and might be a profitable investment opportunity.

Based on historical data and expert opinions, CoinMarketCap analysts believe that by 2040, Bonk coin anticipated to fall between $0.0080 and $0.0096, while in 2050 its average price will be around $0.0130.

BONK USDT Price Technical Analysis 

Bonk Price Prediction - BONK USDT Price Technical Analysis

Tradingview, 16 January 2024

Now that we’ve seen possible price predictions for Bonk crypto, let’s find out a bit more about the factors that can influence its price.

Factors Affecting BONK Coin Price

Much like other meme tokens such as Shiba Inu and Dogecoin, Bonk’s appeal lies in its community-centric approach and playful branding around dogs. Although Bonk has the potential to expand, its status as a meme coin, which frequently experiences abrupt price surges with little real benefit supporting it, makes it a dangerous investment. Bonk’s choice of the Solana ecosystem for its launch was strategic, especially considering Solana’s situation with FTX and Alameda Research, which affected its price. 

Another factor playing a role in BONK’s advancement could be the support from leading cryptocurrency exchanges. Many exchanges, including two of the biggest trading venues by market volume, Binance and Coinbase, listed the meme coin on their platforms. 

When assessing BONK as an investment, keep the following considerations in mind:

  • Hype
  • Market sentiment
  • Usage

Risks and Opportunities

From a short- and long-term investing perspective, BONK looks quite appealing given the positive trends and positive price projection. Despite the competition, BONK still has certain benefits. It has an established system, a sBonkg network, and was among the first on the market. This might support Bonk’s continued dominance in the cryptocurrency space.

However, Bonk crypto remains a highly volatile asset, especially given its meme nature. In the realm of cryptocurrencies, it’s crucial to conduct extensive research and exercise caution when making decisions based on long-term projections.

Is Bonk Coin a Good Investment?

It’s difficult to say. It may be, however, as any meme coin, Bonk token is highly volatile and is speculative in nature.

Will BONK Reach $1?

Considering the growth required and time required, the BONK token cannot potentially reach a price as high as $1. However, it can reach 1 cent if 95% of the tokens are burnt. 

Can Bonk Overtake Shiba?

BONK has a chance to flip Shiba Inu, but such an event depends on numerous factors. The Solana meme coin should build a solid community and match the one that SHIB has already established. It must also maintain the hype surrounding its name and perhaps receive endorsement by influential figures.

Conclusion

The vitality of Bonk coin’s community is what makes it strong, even in terms of technological and financial stability. The coin’s explosive rise can be attributed to the sense of community that is fostered by lively forums, a strong social media presence, and transparent communication channels. Moreover, the Bonk coin continuously pushes the bounds of innovation. A progressive development team, frequent upgrades, and improved protocols set Bonk coin apart as a meme coin leader in the battle for supremacy among digital currencies.

How to Buy BONK Crypto: Quick-Step Guide

StealthEX is here to help you buy Bonk (BONK) if you’re looking for a way to invest in this cryptocurrency. You can buy BONK privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount you want to exchange — for instance, ETH to BONK.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to transfer your crypto to.
  4. Process the transaction.
  5. Receive your crypto coins.
Bonk Price Prediction - Buy BONK Coin

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: BONK crypto price prediction cryptocurrency price analysis price prediction



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Cosmos Price Prediction: Can ATOM Coin Reach $1000?

Post By Cryptocurrency , , , ,

The Cosmos Network is a collection of interconnected blockchain ecosystems linked through the Cosmos Hub. Its core mission is to serve as the ‘Internet of Blockchains,’ fostering seamless and secure communication, data sharing, and transaction execution between different independent blockchains – all facilitated by the Cosmos Hub and secured by more than 180 validators. Its native token is Cosmos (ATOM). Discover Cosmos price prediction and future potential in StealthEX’s insightful article.

Current ATOM Coin Price Cosmos Price Prediction 2025 Cosmos Price Prediction 2030
$11.43 $41.18 $182.06
Cosmos Price Prediction

Cosmos (ATOM) Overview

An ecosystem of blockchains that can grow and communicate with one another is called Cosmos. Blockchains were isolated from one another and unable to interact prior to Cosmos. They could only process a limited number of transactions per second and were difficult to construct. Cosmos uses a fresh technical approach to address these issues. To comprehend this vision, we must return to the foundational principles of blockchain technology. Cosmos was co-founded by Jae Kwon and Ethan Buchman in 2014, with the support of the Interchain Foundation (ICF), a Swiss company that supports R&D for secure, scalable, open, and decentralized networks.

Current Price $11.43
Market Cap $4,351,425,694
Volume (24h) $245,240,475
Market Rank #44
Circulating Supply 380,590,737 ATOM
Total Supply 380,590,737 ATOM
1 Month High / Low $12.51 / $9.04
All-Time High $44.7 Sep 20, 2021

With its own blockchain, the Cosmos Hub functions as the network’s primary hub. The Cosmos Hub and other zones are linked, enabling data exchange and communication between them. Zones have their own regulations and employ various procedures to come to a consensus regarding the zone’s status. To improve network security, validators approve transactions and append blocks to the blockchain. After that, they receive ATOM tokens as payment for their network contributions. The ATOM token is the native token of Cosmos and is used for transaction fees, value transfer between different zones, and as a reward for validators. The network employs Proof-of-Stake (PoS) and a governance model that allows participants to vote on significant decisions.

Cosmos Features

Cosmos offers a number of features that can be extremely useful for the crypto industry. These are:

  • Tendermint is a set of ready-made developer tools in Cosmos composed of a consensus engine (Tendermint Core) and a generic application interface, known as Application BlockChain Interface (ABCI). These tools are used to implement networking and consensus layers, simplifying the development process and offering developers prebuilt engines for applications.
  • Cosmos SDK is a development framework that simplifies the process of creating blockchain applications, allowing developers to build custom blockchain solutions with greater ease and flexibility. Cosmos SDK is known for its modularity and emphasis on security, with networks like Cronos, a Layer-1 blockchain, utilizing the Cosmos SDK framework.
  • Inter-Blockchain Communication Protocol (IBC) is a protocol that enables communication between different blockchains within the Cosmos ecosystem. It promotes interoperability and trustless connections between blockchains.

Cosmos (ATOM) Price Chart

Cosmos Price Prediction - ATOM Price Chart

Source: CoinMarketCap, 29 December 2023

ATOM Coin Price History Highlights

  • 2019-2020: In 2019 and 2020, ATOM’s price hovered between $2 and $8. 
  • 2021: On September 20, 2021 Cosmos crypto reached its all-time high of $44.7.
  • 2022: The lowest price since it’s ATH was $ 5.6 (cycle low), and ATOM reached it in June 2022.
  • 2023: As of December 2023, volatility seems to be making a lower high, which, like earlier, could drive a positive price action for ATOM. Right now, however, it hovers around $10-12.

Cosmos Price Prediction

Year Minimum Price Maximum Price Average Price Price Change
2024 $0.25 $29.07 $14.6 +27%
2025 $0.288 $41.18 $20.73 +81%
2030 $110.99 $253.13 $182.06 +1,492%
2040 $445.12 $526.45 $485.7 +4,149%

ATOM Cosmos Price Prediction 2024

DigitalCoinPrice experts expect ATOM to rise in price considerably. According to their calculations, in 2024 ATOM’s price might go as low as $24.44 (+113%), while its maximum price can reach $29.07 (+154%).

PricePrediction crypto analysts believe that in 2024 the price of Cosmos crypto will go higher. Its minimum low can drop to $17.22 (+50%), while at its maximum ATOM crypto will rise to $20.81 (+82%).

WalletInvestor crypto experts think that ATOM might significantly drop below its current price to $0.253 (-97%), while at its peak it can go as high as $20.733 (+81%).

Cosmos Price Prediction 2025

According to DigitalCoinPrice, Cosmos crypto will continue rising in price. Based on the experts’ forecasts, in 2025, ATOM might jump to $41.18 (+260%) per coin at its highest point. Its minimum price might go as low as $33.55 (+193%).

Based on the experts’ forecasts at PricePrediction, in 2025, ATOM crypto will start out with $24.60 (+115%) as its lowest price and rise to $29.89 (+161%).

WalletInvestor gives a very broad price prediction for 2025: their experts think that the lowest price ATOM crypto can reach is $0.288 (-97%), while at its peak it can cost $13.253 (+15%).

Cosmos Price Prediction 2030

DigitalCoinPrice crypto analysts think that by 2030, ATOM coin will rise to new price levels: its minimum price level is expected to be around $110.99 (+871%), while its maximum price will go as high as $119.01 (+941%).

PricePrediction experts believe that by 2030, ATOM’s progress will be even more impressive: according to them, the crypto’s lowest price will hover around $154.35 (+1,250%), while at its peak it might reach $164.15 (+1,488%).

According to Telegaon forecasts, ATOM has solid potential for long-term holders. This website believes that ATOM can go as high as $253.13 (+2,114%) per coin. It can also drop in price to the lowest price of $212.98 (+1,763%) per coin.

ATOM Price Prediction 2040

According to Telegaon price predictions, by 2040 Cosmos crypto will continue further rising in price. This website believes that the coin can go as high as $526.45 (+4,505%). It can also drop in price to a minimum of $445.12 (+3,794%) per coin.

Cosmos (ATOM) Price Prediction: Experts’ Opinions

Just recently, Cosmos founder has declared plans to fork Cosmos Hub and build a new chain AtomOne. ATOM1, the new token, would be awarded to ATOM stakers, proportional to their amount. The ATOM halving proposal that suggests slashing the token’s inflation by 50% and ensuring long-term profitability for holders, received support from the community. The proposal was passed with the support of 41.1% votes. Some experts believe that a split in Cosmos Hub could result in the biggest airdrop in the ecosystem. This can be good news for the Cosmos community and can lead to a further increase in price.

Some experts, for instance, CoinMarketCap, believe that Cosmos can greatly grow in price as it develops. They think that if the project doesn’t face any issues, the predicted maximum price of Cosmos in 2032 could be up to $354.62 with a minimum price of $305.77.

ATOM USDT Price Technical Analysis

Cosmos Price Prediction - ATOM USDT

Source: Tradingview, Data was taken on December 29

Now that we’ve seen possible price predictions for ATOM, let’s find out a bit more about the factors that can influence its price and position on the market.

Factors Affecting Cosmos Coin Price

Cosmos’ ecosystem expansion can stimulate speculation and raise the price of ATOM because of its interchain design. Moreover, additional liquidity will be brought in by new protocols that expand upon the Cosmos chain, ultimately raising the price of ATOM. The community and market sentiment are further factors influencing the price of Cosmos. In the event that investors view Cosmos as a viable long-term project, we might witness a spike in ATOM prices.

Ongoing regulatory concerns and an inflating supply, however, may short-term limit the potential price of Cosmos. Beyond Cosmos-specific variables, the price of ATOM may be influenced by the state of the world economy and the crypto market as a whole. The price of ATOM may increase in 2024 along with the price of other cryptocurrencies.

When assessing ARB as an investment, keep the following considerations in mind:

  • Adoption.
  • New features.
  • Crypto landscape and the state of the market.
  • Market sentiment.
  • Community effects.

Risks and Opportunities

Cosmos is one of the most interoperable projects on the market. This is the driving force behind Cosmos, and the reason it’s seen as the internet of blockchains. Cosmos is also built to be scalable and process transactions quickly and cheaply. It says each transaction on the network costs $0.01. 

But whatever the investment, it is important to fully understand the competitive space. And in the case of Cosmos, that means looking at interoperability blockchain solutions as well as programmable blockchains. The other big players in interoperability are Polkadot (DOT) and Avalanche (AVAX). Both work slightly differently, and have also seen above-average price increases this year. Indeed, AVAX has greatly increased in price.

Additionally, regulators fear that these products function like ponzi banks, minus the consumer safeguards that come with regular bank accounts. The Treasury and the SEC are leading the charge for further regulation. Although the specifics of that rule are yet unknown, it may have an effect on any cryptocurrency that has DeFi connections, particularly if it is implemented strictly, and can, in turn, lead to a decline of Cosmos as a cryptocurrency and an overall stable project.

FAQ on Cosmos Price Prediction

Does Cosmos Crypto Have a Future?

Cosmos seems like a solid project with great specifications and a variety of applications. It may be a promising blockchain, however, the crypto market is highly volatile, so anything can happen.

How High Can Cosmos Crypto Go?

CoinMarketCap experts believe that by 2050, Cosmos (ATOM) cryptocurrency can reach a whopping price of $10,061.85, and the average might be around $9,191.14.

Can Cosmos (ATOM) Reach $1000?

In theory, Cosmos can reach $1000. Cosmos by its nature has a wide range of use cases and enough apps and blockchains in the ecosystem to be successful. However, it’s still questionable.

What Is the Cosmos Forecast for 2025?

In 2025, ATOM might reach $41.18.

How Much Will Cosmos Be Worth in 2030?

According to DigitalCoinPrice, in 2030 ATOM’s maximum price will go as high as $119.01.

What Will Cosmos Be Worth in 2040?

According to Telegaon, in 2040 Cosmos can skyrocket to $526.45.

Is Cosmos (ATOM) a Good Investment?

Cosmos appears to be in a strong position to endure over time and has a lot of long-term potential. But keep in mind that this is still a highly risky and volatile industry, so never invest money you cannot afford to lose. 

Conclusion

Due to its efficiency, cost-effectiveness, and positive user experience, blockchain technology has a large target market. It is possible that a significant percentage of future public blockchains will reside in the Cosmos because of the Cosmos SDK’s dependability and simplicity of usage as well as the infinite interoperability provided by IBC. Consequently, it is probable that the Cosmos Hub will acquire value as the security layer for a considerable percentage of the Cosmos ecosystem blockchains. Because of this, the ATOM token from Cosmos Hub is in a great position to take home a sizable portion of the value of the public blockchain market. However, it’s still important to remember that only time will show which crypto projects will stay and which will perish as the market is highly volatile and unpredictable.

Where to Buy Cosmos Crypto?

StealthEX is here to help you buy Cosmos (ATOM) if you’re looking for a way to invest in this cryptocurrency. You can buy ATOM privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy ATOM Coin: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount you want to exchange — for instance, ETH to ATOM.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to transfer your crypto to.
  4. Process the transaction.
  5. Receive your crypto coins.
Cosmos Price Prediction - Buy ATOM Coin

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

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Arbitrum Price Prediction 2024, 2025, 2030-2040: Can ARB Token Reach $100?

Post By Cryptocurrency , , , ,

Embark on an exciting journey through the crypto cosmos with Arbitrum (ARB), the latest marvel reshaping the blockchain landscape. More than just a solution, Arbitrum stands as a groundbreaking Layer-2 enhancement for Ethereum, revolutionizing transaction speeds, scaling heights, and fortifying privacy. It’s a world where transactions glide off-network, only to be artfully verified and batched, seamlessly rejoining the main chain. Intrigued? Unravel the mysteries of Arbitrum price prediction and future potential in StealthEX’s insightful article. Get ready to be captivated by the future of finance!

Current ARB Coin Price Arbitrum Price Prediction 2025 Arbitrum Price Prediction 2030 Arbitrum Price Prediction 2040
$1.51 $22.03 $57.49 $205.62
Arbitrum Price Prediction

Arbitrum (ARB) Overview

Step into the realm of Arbitrum, a scalable solution transforming the Ethereum blockchain with lightning-fast smart contract transactions and significantly reduced costs. This innovation operates in the world of Layer-2 solutions, where the weighty tasks of transaction processing and data storage are shifted to a secondary, more agile chain. This strategic move amplifies the capabilities of the foundational Layer-1 blockchain.

Current Price $1.51
Market Cap $1,909,696,513
Volume (24h) $1,382,264,687
Market Rank #42
Circulating Supply 1,275,000,000 ARB
Total Supply 10,000,000,000 ARB
1 Month High / Low $1.59 / $0.9985
All-Time High $11.8 Mar 23, 2023

Arbitrum’s magic lies in its use of blockchain rollups. These rollups are a masterful two-layer architecture, handling transactions in the shadows, off-chain, only to settle them in the spotlight, on-chain. Each rollup batch, brimming with transactions, is verified en masse by the blockchain, bypassing the cumbersome process of individual transaction validation.

What sets Arbitrum apart in the Layer-2 universe, distinguishing it from peers like sidechains, is its reliance on the main blockchain for security. At the heart of Arbitrum’s scaling prowess is the use of a special technique known as optimistic rollups. Dive deeper into this intriguing world and discover how Arbitrum is redefining blockchain efficiency and security.

Offchain Labs, a blockchain research and development company established in 2018 by Ed Felten, Steven Goldfeder, and Harry Kalodner, is the driving force behind Arbitrum. In 2018, the company made its initial proposal for the solution at Princeton University. They released the initial version in 2020, ran a number of beta tests in the middle of 2020, and then in August 2021, Arbitrum was officially launched on the Ethereum mainnet. After its inception the solution garnered a lot of interest in the Ethereum community and was adopted by Uniswap, Chainlink, and Aave, among other prominent crypto projects.

Arbitrum Features

ARB offers a number of features that can bring valid additions to the crypto industry. These are:

  • Fund security. Any blockchain solution must prioritize fund security, and initiatives based on Arbitrum must give top priority to thorough security procedures in order to safeguard user cash. A well-known blockchain security company like Halborn will give users the assurance they need to better serve their customers and investors.
  • Validation period. Arbitrum utilizes a validation period as part of its protocol to ensure the security and integrity of transactions. The validation period is a critical component in the process of verifying the correctness of transactions on the Arbitrum chain.
  • Governance voting. ARB token holders have the power to vote on important governance decisions that shape the future of the Arbitrum ecosystem. These decisions may include the allocation of funds, investments in the ecosystem, and technical changes to the network infrastructure.
  • Arbitrum Nitro. Arbitrum Nitro is a major technical upgrade to the underlying tech of Arbitrum One’s ecosystem. With Nitro, it becomes faster, more EMV-compatible, and cheaper. Nitro achieves this by introducing interactive proofs that run over the WASM code used by Arbitrum.

Arbitrum (ARB) Price Chart    

Arbitrum Price Prediction - ARB Price Chart

Source: CoinMarketCap, 28 December 2023

ARB Token Price History Highlights 

Arbitrum’s quite short price history has been erratic, with significant highs and lows. At its launch in March 2023, Arbitrum reached its all-time high of $11.8. It has since then dropped in price and is now trading around $1.5-1.65.

Arbitrum Price Prediction

Year Minimum Price Maximum Price Average Price Price Change
2024 $1.14 $31.27 $16.21 +959%
2025 $0.99 $43.07 $22.03 +1,339%
2030 $15.27 $99.71 $57.49 +3,657%
2040 $116.13 $295.11 $205.62 +13.339%

Arbitrum Price Prediction 2024

DigitalCoinPrice experts believe that in 2024, Arbitrum will develop further and this, in turn, can cause the price of token to rise above its current levels. According to their estimations, in 2024 ARB crypto’s price might go as low as $3.36 (+119%), while its maximum price can reach $4.06 (+165%).

CoinMarketCap crypto analysts think that in 2024 ARB crypto will continue to grow with its global adoption. Its minimum low can reach $28.32 (+1,750%), while at its maximum Arbitrum crypto will rise to $31.27 (+1,943%).

WalletInvestor crypto experts think that in 2024 ARB will fluctuate in a very narrow price frame, all within $1-$1.7. According to them, it can cost as low as $1.137 (-25%), while at its peak it can go as high as $1.604 (+4.8%).

Arbitrum Price Prediction 2025

According to DigitalCoinPrice, Arbitrum token will slowly gain traction as a project and this will be reflected in its price. Based on their analysts’ forecasts, in 2025, ARB might jump to $5.7 (+272%) per coin at its highest point. At its lowest point, ARB token can reach $4.62 (+201%).

Based on the experts’ forecasts at CoinMarketCap, in 2025, ARB crypto will be bullish. Its lowest price can begin at $37.76 (+2,367%) and it can also reach $43.07 (+2,715) at its peak.

WalletInvestor believes that in 2025, ARB token will continue to hover around the same price levels. The website’s analytics predict that ARB’s price might go as low as $0.991 (-35%), while at its peak it can reach $1.938 (+26%).

Arbitrum Price Prediction 2030

DigitalCoinPrice crypto analysts think that by 2030, ARB coin will reach new all-time highs: at its low, ARB coin can drop to $15.27 (+898%), while its maximum price will go as high as $16.33 (+967%).

Analysts at CoinMarketCap believe that ARB token has tremendous potential for long-term holders. According to them, the crypto’s lowest price will drop to $93.81 (+6,031%), while at its peak it can go as high as $99.71 (+6,416%).

According to Telegaon forecasts, Arbitrum crypto will trade at lower levels, but still make good progress. This website believes that Arbitrum token can go as high as $60.25 (+3,837%) per coin. It can also drop to the lowest price of $46.59 (+2,945%) that year.

Arbitrum Price Prediction 2040

CoinMarketCap thinks that by 2040, Arbitrum crypto will skyrocket. According to their estimates, the coin’s lowest price will drop to $281.43 (+18,294%), while the maximum price is projected to be around $295.11 (+19,188%).

According to Telegaon price predictions, by 2040 Arbitrum crypto will continue to develop, but it will not reach the heights predicted by CoinMarketCap. The coin can jump in price to $138.34 (+8,941%) at its maximum. It can also drop to a minimum of $116.13 (+7,490%) per coin.

Arbitrum Price Prediction: Experts’ Opinions

Anticipation for Bitcoin’s 2024 halving, which has historically been known to spark positive trends everywhere, is causing a stir in the cryptocurrency market. With its ground-breaking Layer-2 solutions that scale Ethereum, Arbitrum is ideally positioned to take advantage of this bull market sentiment.

Renowned cryptocurrency expert Michaël van de Poppe has stated that he is positive on ARB and believes the token will rise to $2 soon. Considering ARB’s rally of nearly 11% in the past month, at press time, the prediction doesn’t seem so far-fetched. The cryptocurrency community is excited for more advancements as Arbitrum moves closer to the $2 milestone, especially in light of Michaël van de Poppe’s bullish expectations and the token’s outstanding success.

ARB USDT Technical Analysis

Arbitrum Price Prediction - ARB USDT

Tradingview, Data was taken on December 28

Now that we’ve seen possible price predictions for ARB, let’s find out a bit more about the factors that can influence its price and possible future.

Factors Affecting ARB Coin Price

The adoption, usage, and state of the market are some of the factors that have a direct impact on Arbitrum’s price dynamics. The need for its native token ARB is growing as more projects switch to Arbitrum. The price of ARB may rise as a result of this increased demand, particularly if there is also a favorable attitude towards the platform. In addition, any blockchain project’s potential for long-term success and value is largely dependent on network effects. The value of ARB may rise when more users and developers join the Arbitrum network due to greater demand and utility. 

Moreover, the value of Arbitrum is found in its capacity to improve user experience by providing quicker confirmation times for transactions and lower fees as compared to the Ethereum mainnet. Arbitrum relieves congestion and enables developers to create sophisticated dApps without having to worry about expensive petrol expenses by moving transactions off-chain.

When assessing ARB as an investment, keep the following considerations in mind:

  • Adoption.
  • Market sentiment.
  • Usage.
  • Adoption and partnerships.
  • Community effects.

Risks and Opportunities

The efficiency of Arbitrum as an Ethereum L2 implementation is demonstrated by the fact that it is currently being used by a significant number of decentralized apps, crypto ecosystems, and DeFi efforts. Ecosystems with a high requirement for Abitrum include Uniswap, Sushiswap, and DODO. Moreover, the validation of smart contracts may now take place in batches, which has resulted in lower prices for users of the Arbitrum One platform. At the same time, validators continue to get payment for the work they do. All this helps to strengthen the ecosystem behind Arbitrum.

However, the number of Layer-2 solutions for Ethereum is constantly increasing, and some of them might even be able to scale better than Arbitrum. Solutions at the L1 level that want to completely replace Ethereum are already gaining ground on competitors at the L2 level. Among Arbitrum’s competitors are Solana and Cardano, to name a few. With Arbitrum, hardware failure is a possibility that could cause network outages or stop transaction processing. This should also be considered as one of the disadvantages of this L2 solution.

FAQ on Arbitrum Price Prediction

Is Arbitrum a Good Investment?

It may be. Arbitrum provides a reliable, affordable, and safe way for Ethereum developers and users to save on costs. Transactions in Arbitrum are guaranteed to be secure and unchangeable since they are based on Ethereum’s security concept and consensus process. All these features may turn this project into a profitable investment.

Can Arbitrum Reach $100?

To reach $100, Arbitrum would need to increase significantly. While it may be possible, the only way it will reach $100 is if a significant number of tokens are burnt.

How Much Will Arbitrum Be Worth?

According to CoinMarketCap, in the long-term (by the year 2030) ARB crypto can go as high as $99.71.

What Will the Price of ARB Be In 2025?

According to CoinMarketCap, in 2025 Arbitrum token might reach $43.07.

How Much Is ARB Worth in 2030?

According to Telegaon, in 2030 Arbitrum crypto can go as high as $60.25.

Is Arbitrum a Good Crypto?

Arbitrum is innovative and has emerged as one of the best Ethereum scaling solutions so far. It is one of the world’s most-used blockchains. The Arbitrum token ARB is indispensable to participate in the governance of the protocol and thus to express an opinion on the most important decisions for the future of its blockchain. All this makes Arbitrum a serious player in the crypto space.

Is Arbitrum Coin Safe?

Because Arbitrum employs zero knowledge rollups, or zk-rollups, to lower the likelihood of an attack, it has strong security levels. 

Conclusion

From a growth and valuation perspective, Arbitrum could potentially scale to a transaction run rate of over 1 billion at 10 cents profit per transaction over the next year only. As more users flock to this Layer-2 solution, the value of ARB may proceed to rise. In addition, the ARB token, which provides functions like value transfer and voting rights for governance, is essential to the Arbitrum ecosystem and demonstrates how it can influence the direction of Layer-2 scaling solutions for the Ethereum blockchain in the future through its distinct tokenomics and comparison to other tokens on the market.

Arbitrum holds a sizable market share, which will only grow as customers migrate from Layer-1 to Layer-2 solutions. The Arbitrum team is working hard to ensure that the platform becomes fully decentralized and self-sustaining.

Where to Buy Arbitrum Crypto?

StealthEX is here to help you buy Arbitrum (ARB) if you’re looking for a way to invest in this cryptocurrency. You can buy ARB privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy ARB Token: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount you want to exchange — for instance, ETH to ARB. 
  2. Press the “Start exchange” button.
  3. Provide the recipient address to transfer your crypto to.
  4. Process the transaction.
  5. Receive your crypto coins.
Arbitrum Price Prediction - Buy ARB Coin

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: ARB Arbitrum crypto price prediction price analysis price prediction



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Polkadot (DOT) Price Prediction 2023, 2024, 2025-2030: Will DOT Coin Reach $1000?

Post By Cryptocurrency , , , ,

Polkadot (DOT), one of the most promising blockchain platforms, has been gaining significant attention. So, both short-term traders and seasoned investors are considering buying DOT crypto. Keep reading to find out the most accurate Polkadot price prediction.

Current DOT Price Polkadot Price Prediction 2025 Polkadot Price Prediction 2030
$5.32 $17.34 $195.94
Polkadot (DOT) Price Prediction

Polkadot (DOT) Overview

Polkadot is a decentralized platform that allows you to combine different blockchains and create other networks based on it. In other words, virtually any independent blockchain can transmit and exchange information with another blockchain, thanks to the relay chains provided by Polkadot.

The ecosystem of this project is built in such a way as to greatly facilitate the use, implementation, and development of any decentralized services and applications.

As for the project’s native token DOT, it’s primarily a management token that gives its holders some degree of control over the protocol (the more tokens, the weightier the voice). Active community members are rewarded with tokens, while those who don’t participate in the life of the project may lose them.

Current Price $5.32
Market Cap $6,938,291,002
Volume (24h) $157,517,439
Market Rank #15
Circulating Supply 1,250,412,860 DOT
Total Supply 1,382,673,361 DOT
1 Month High / Low $5.88 / $4.32
All-Time High $54.98 Nov 04, 2021

Gavin Wood, a co-founder and developer of Ethereum until 2016, founded the Polkadot project. In 2017, Wood was joined by experienced developer Peter Chaban, and they created a company called Web3 Foundation together, the main idea of which was to create Polkadot as we know it today, as well as to conduct an ICO of the project.

The company’s initial investment round was a success, selling 5 million DOT coins and garnering investments over $144 million. This was followed by two additional token sales in the next few years, boosting the project’s capitalization to $2 billion.

Polkadot Technical Features

Polkadot is a platform that enables different blockchains to share data, functionality, and conduct transactions among themselves. Key technical characteristics of Polkadot:

  • Cross-chain compatibility.
  • High level of security (primarily due to a common set of validators and the transmission of information across multiple parallel blockchains).
  • Flexibility, huge blockchain creation functionality, and high data transfer rates.
  • Availability of a native token on the network.

The Polkadot structure comprises many elements, the main of which is the relay chain. The rest of the blockchains are independent and are called parachains, but they also work within the Polkadot network.

DOT Coin Price History

The historical price range of the Polkadot token has been dynamic. In August 2020, it began at around $2, quickly rising to $6.30 by September 1st. This set the tone for its future.

Afterward, from October 2020 to January 2021, DOT ranged between $3 and $5, stabilizing after the initial hype. Factors like market sentiment, demand, and conditions influenced its price.

In February 2021, Polkadot surged to $39.37 due to network adoption, positive news, and institutional interest, gaining recognition. However, from March to May 2021, DOT gradually declined, reaching $20.43 by spring’s end. In the summer of 2021, it hit a low of $11.07 on July 21st, followed by volatility.

On November 4th, 2021, Polkadot peaked at $54.98, not surpassing it since. It ended 2021 at $27.54 and ranged from $20 to $14 until May 13th, 2022, when it dropped to $8.77.

From summer 2022 to September 2023, Polkadot (DOT) remained between $8 and $4, losing volatility.

Polkadot (DOT) Price Chart

Polkadot Price Chart

Source: CoinMarketCap, November 29, 2023

In autumn 2023, DOT coin experienced some fluctuations again, reaching its lowest point of $3.65 on October 20th. After that date, it started slightly increasing and went over the $5 mark in November.

Polkadot Price Prediction

DOT Price Prediction 2023

Most experts agree that Polkadot will keep slightly increasing until the end of 2023. PricePrediction believes that the highest DOT price in December will be $5.98 (+12.41%).

Changelly has a similar opinion, forecasting that the coin will cost $5.72 (+7.52%) on December 28th.

CoinPedia is a bit more optimistic, saying that the token may reach $6.35 (+19.36%) at the end of the year.

DigitalCoinPrice has the most positive prediction, as it supposes that Polkadot will get to $11.53 (+116.73%). But experts also notice that the average price will be $7.28 (+36.84%).

Polkadot Price Prediction 2024

Binance is the most skeptical about DOT, thinking that the token will be traded at $5.57 (+4.7%).

Other experts consider that Polkadot will grow a bit higher. According to the most discreet DigitalCoinPrice estimates, the coin will cost $11.16 (+109.77%) in January 2024 and reach $11.41 (+114.47%) in July. The end of the year will end at the $11.34 (+113.16%) point.

Although Changelly also believes in the growth of DOT, it says that the average price in the middle of 2024 will be $8.22 (+54.51%), and it will reach its peak in December at $9.97 (+87.41%).

PricePrediction also considers a slight increase in the DOT price, thinking it’ll cost from $6.79 (+27.63%) to $7.82 (+46.99%) in July 2024. The highest price it may reach in December will be $9.67 (+81.77%).

Polkadot Price Prediction 2025

Polkadot price prediction 2025 by Binance is quite skeptical again. Its analysts predict that the average DOT price that year will be $5.85 (+9.96%).

Yet, according to PricePrediction, Polkadot will start 2025 at a price range of $7.88 (+48.12%) to $8.87 (+66.73%). Then its approximate cost in July will be $10.19 (+91.54%), and it will finish the year at $12.05 (+126.5%).

DigitalCoinPrice is even more optimistic, as it forecasts DOT to cost at least $15.47 (+190.79%) in January. The price will keep rising slightly over the year, and Polkadot will reach the point between $15.46 (+190.6%) and $17.34 (+225.94%) in December 2025.

Changelly is more on the PricePrediction’s side, believing that the token will cost around $10.13 (+90.41%) in January and will go over the $11 (+106.77%) mark in July 2025. It will finish the year at the price of $11.51 (+116.35%) to $13.98 (+162.78%).

Polkadot Price Prediction 2030

Most analysts believe in Polkadot, predicting it will cross over the $40 (+651.88%) point in 2030. As PricePrediction supposes, DOT will start the year at $53.08 (+897.74%) and rise to $61.29 (+1052.07%) in April. It will finish 2030 at $76.57 (+1339.29%). Yet, if the project meets the expectations, December will end at $93.17 (+1651.32%). 

Even though DigitalCoinPrice also forecasts DOT to cost at least $51.78 (+873.31%) at the beginning of 2030, it supposes that the price will stay at the same level till the end of the year. 

CoinPedia is the most optimistic, as it notices that Polkadot’s potential low in 2030 will be $124.18 (+2234.21%) and its highest price that year will be $195.94 (+3583.08%).

Binance doesn’t believe in such enormous growth. According to its team, DOT will be only $7.47 (+40.41%) in 2030.

DOT USDT Price Technical Analysis

DOT USDT Price Technical Analysis

Source: Tradingview, November 29, 2023

Polkadot (DOT) Price Predictions: Experts’ Opinions

According to Blockpit experts, Polkadot, being a token with medium liquidity and great performance, is one of the best cryptocurrencies to consider for investment.

Based on the 2024 crypto predictions by Deston Nokes, we may also say that DOT is one of the tokens to buy next year.

Factors Affecting DOT Price

Several factors make experts think that a Polkadot is a good investment and that it will reach $100 by 2030. First, it allows cross-blockchain transfers of any data or asset, not just tokens. It connects to a wide variety of blockchains in the network.

Moreover, Polkadot achieves economic scalability by using a common set of validators to secure multiple blockchains. It also provides transactional scalability by spreading transactions across parallel blockchains.

With the Substrate framework, users can create custom blockchains in minutes and connect them to Polkadot for interoperability and security.

Additionally, Polkadot’s data availability and validity scheme enables meaningful interaction between chains while maintaining independent governance and united security.

Another advantage of this project is that it has a sophisticated governance system where all stakeholders have a voice. Network upgrades are coordinated on-chain and enacted autonomously, ensuring community-driven development.

Summary 

In a nutshell, many experts consider Polkadot a promising project. Some even call it unique, as it’s not even close to its peak, but has already proven itself as reliable and, importantly, scalable and useful. All this makes DOT a promising long-term investment.

FAQ

Can DOT Reach $100?

Yes, as some experts predict DOT will grow to $100 by 2030.

Can DOT Reach $500 Dollars?

Polkadot is unlikely to reach $500 in the next decade.

Will Polkadot Reach $1000 Dollars?

Even according to the most optimistic estimates, DOT will reach $1000 only in 2040.

What Is the Price of Polkadot in 2025?

According to the Polkadot crypto price prediction for 2025, it will range from $5.85 to $17.34.

How Much Will Polkadot Cost in 2040?

As CoinMarketCap suggests, DOT coin will cost between $1409 and $2190 in 2040.

Will Polkadot Go High?

Polkadot may experience gradual increases in price over time, reaching almost $200 in 2030.

How High Can DOT Go?

As the most positive predictions show, DOT crypto can rise to $1915 in 2050.

Where to Buy Polkadot?

StealthEX is here to help you buy Polkadot (DOT) if you’re looking for a way to invest in this cryptocurrency. You can buy DOT tokens privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy DOT Coin: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

  • Choose the pair and the amount you want to exchange — for instance, BTC to DOT.
  • Press the “Start exchange” button.
  • Provide the recipient address to transfer your crypto to.
  • Process the transaction.
  • Receive your crypto coins.
Buy DOT Coin

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

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Shiba Inu Price Prediction for 2023, 2024, 2025, 2030: Will SHIB Coin Reach $1?

Post By Cryptocurrency , , , ,

As one of the hottest cryptocurrencies in the market, Shiba Inu (SHIB) has been making waves with its impressive growth and dramatic declines. Since Shiba Inu is one of the most volatile cryptocurrencies on the market, it’s hard to predict if the coin skyrockets or face challenges along the way. Read more about the detailed Shiba Inu price prediction in StealthEX’s latest article.

Current SHIB Coin Price Shiba Inu Price Prediction 2025 Shiba Inu Price Prediction 2030
$0.000008146  $0.000068832 $0.000195
Shiba Inu Price Prediction

Shiba Inu Overview 

The history of the Shiba Inu company dates back to 2020 when it was created as an experimental project in the DeFi space. Inspired by the popularity of the Dogecoin meme cryptocurrency, the founders decided to create a token that would pay homage to the Shiba Inu dog breed. Thus, the Shiba Inu token was born.

Initially, the Shiba Inu token gained attention and popularity due to its cute and meme-inspired branding. However, its journey was not without challenges. In the early stages, the project faced criticism and skepticism from the crypto community, as many considered it to be just another meme coin with no real utility or purpose.

Current Price $0.000008146 
Market Cap $4,798,816,448
Volume (24h) $152,063,770
Market Rank #18
Circulating Supply 589,326,317,385,000 SHIB
Total Supply 999,982,443,729,104 SHIB
1 Month High / Low $0.00000958 / $0.000007593
All-Time High $0.00008616 Oct 28, 2021

Despite the initial doubts, the Shiba Inu company persevered and continued to develop its ecosystem. It focused on building a strong and engaged community, which played a crucial role in its evolution. The company introduced various initiatives to incentivize token holders and encourage participation, such as a decentralized exchange and a decentralized autonomous organization (DAO). These efforts helped establish a solid foundation for the project’s growth.

One notable achievement of the company is the successful launch of the token itself. Shiba Inu gained significant attention in the cryptocurrency community due to its resemblance to the popular meme token, Dogecoin. This unique branding strategy helped Shiba Inu quickly gain traction and attract a large user base. The token’s launch was accompanied by a strong marketing campaign, which further contributed to its initial success.

Another milestone for the Shiba Inu company was the establishment of a DEX called ShibaSwap. It allows users to trade Shiba Inu tokens and other cryptocurrencies directly on the Ethereum blockchain. ShibaSwap provides a secure and efficient platform for users to participate in DeFi activities, like staking and yield farming. The launch of ShibaSwap expanded the ecosystem around the Shiba Inu token and provided additional utility for token holders.

Furthermore, the Shiba Inu company has actively engaged with its community through the establishment of a dedicated online community forum and social media channels. This has allowed users and token holders to connect, share insights, and stay updated on the latest developments. The company’s commitment to fostering a strong community has played a crucial role in maintaining the enthusiasm and support surrounding the Shiba Inu token.

Shiba Inu Coin Price History

The story of the token commenced in August 2020, when the creators commenced the journey of the meme coin. By the close of 2020, the token was practically worthless. So, if you look at your calendar and rewind to December 31, 2020, the closing price of Shiba Inu was $0.00000001. 

However, 2021 became a pivotal year for the token, as the price started a rapid ascent. In April 2021, the coin seemed to be affected by the wider interest in cryptocurrencies, leading to a sharp price jump. On April 20th, 2021, the currency closed at $0.00000362.

In May 2021, Shiba Inu saw an unprecedented spike in value. Investors were stunned as the token’s price skyrocketed to an unbelievable closing price of $0.00003532 on May 11th, 2021. This rise marked an increase of almost 8,700% from its price in April, demonstrating the extreme volatility and potential of the token. Unfortunately, this skyrocketing trend didn’t last long, and by the end of July 2021, the price had dramatically dropped by nearly 80% to $0.00000642. 

After the price drop, Shiba Inu spent the remainder of the year fluctuating between $0.000006 and $0.000008. Yet, just when investors started losing hope, the token demonstrated that it still had some fight left in it. Then the token once again experienced a massive surge, reaching an all-time high on October 28th, 2021, closing at $0.00008616. This boom was considered a significant push from an unexpected endorsement from Elon Musk. As 2021 closed, Shiba Inu managed to hold a decent price point, closing at $0.0000376. 

As we delve into 2022, the price has remained relatively stable with some inevitable minor fluctuations due to market volatility. As of February 28th, 2022, the Shiba Inu token traded at a comfortable $0.00002351.

Next, there weren’t enormous price spikes until May 2022. On May 2nd, SHIB was $0.0000216 and then dropped to $0.00001093 on May 13th. It stayed about the same level until August 15th, when it rose to $0.00001695 and then declined again. 

Although fall 2022 was a stable season for SHIB, its average price was around $0.000011. In winter, the situation worsened as the token got lower than $0.00001, but January changed it, and Shiba Inu grew to $0.0000147 in February 2023. 

SHIB Coin Price Chart

Shiba Inu Price Prediction - chart

Source: CoinMarketCap, October 28, 2023

As of now, the token has not returned to such heights yet. The price has been quite volatile over this year, reaching its lowest point in June at $0.00000683. The only time SHIB got higher than $0.00001 was on August 13th at $0.0000107.

Shiba Inu Price Prediction 

Shiba Inu Crypto Price Prediction 2023

Experts don’t expect enormous price changes until the end of 2023. According to Binance and PricePrediction, Shiba In will finish December at $0.000008 (-1.25%). 

Changelly analysts suppose a slight rise in the token, predicting it’ll cost $0.000009183 (+13.37%) on December 26.

CoinPedia is even more optimistic, saying SHIB’s potential high will be $0.0000169 (+108.64%).

Shiba Inu Price Prediction 2024

Most experts come to the consensus that Shiba Inu will keep slowly rising in 2024. PricePrediction supposes that the token will finish the year at the price from $0.000012 (+48.15%) to $0.000015 (+85.19%).

CoinPedia predicts that in the case of positive changes, the token will reach $0.00002026 (+150.12%). 

Techopedia experts have a similar opinion on the coin, mentioning that its highest price in 2024 will be $0.000022826 (181.8%).

Binance is more skeptical, considering SHIB will stay at the $0.000009 (+11.11%) level in 2024.

Shiba Inu Coin Price Prediction 2025

In 2025, Binance still has doubts about the token, predicting that it won’t go over the $0.00001 (+23.46%) mark.

Other experts are more positive about the token. PricePrediction says that the Shiba Inu price will reach $0.00002 (+146.91%) in October 2025, and the token will finish that year at $0.000022 (+171.6%).

DigitalCoinPrice has similar thoughts, predicting that the coin will cost around $0.0000274 (+238.27%) in 2025. 

CoinPedia has an even more optimistic Shiba Inu crypto price prediction. As they say, its lowest price will be $0.00003078 (+280%) and its potential high will be $0.00003965 (+389.51%).

Techopedia has the greatest hopes for the project, predicting SHIB will reach $0.000068832 (+749.78%) in 2025.

Shiba Inu Price Prediction 2030

Most analysts agree that SHIB will get over $0.0001 in 2030. CoinPedia even believes that the highest price that year will skyrocket to $0.000195 (+2307.41%).

Yet, Binance still doesn’t believe in the huge success of this token, considering its average price in 2030 will be $0.000011 (+35.8%).

DigitalCoinPrice comes to a more optimistic conclusion, but it still supposes that SHIB will start the year at $0.0000847 (+945.68%), slightly get to $0.0000864 (+966.67%) in May 2030, and then decline to $0.0000809 (+898.77%) in December.

SHIB USDT Price Technical Analysis

SHIB USDT Price Technical Analysis

Source: Tradingview, October 28, 2023

Shiba Inu Price Prediction: Experts’ Opinions

According to Grzegorz Drozdz, Market Analyst at Conotoxia, Shiba Inu isn’t recommended for the majority of investors due to its volatility and unpredictable nature. The expert advises caution when considering this token, as it has experienced huge price fluctuations in the past, including drops of over 90%. While the coin may have moments of popularity, its volatility makes it risky. It may be suitable for individuals with a high risk tolerance and a penchant for the unpredictable nature of meme coins, but for the average investor, the instability may outweigh the potential for returns.

Andrew Lokenauth also has doubts about the token, as he sees Shiba Inu as a purely speculative asset with no real value. The expert believes it lacks practical applications and has concerns about transparency, communication, and a limited ecosystem compared to other tokens, making it potentially volatile.

Factors Affecting SHIB Coin Price

Several factors may positively affect the project. First, Shiba Inu has taken steps to expand its operations, most recently through a partnership with Alpha Transform Holding, a prominent advisory firm.

Additionally, Shiba Inu has teamed up with a prominent Italian cloth company and a quick-service restaurant, Welly. Both have displayed sneak peeks of their Shiba Inu-inspired collections.

These factors will likely lead to greater public knowledge of SHIB and, as a result, an increase in investments in the asset.

Also, the developers behind Shiba Inu have made available the anticipated layer two scaling solution, Shibarium.

Moreover, the team has been consistently working on their side projects, like the Metaverse and the card game called Shiba Eternity. They both must attract new investors, which should affect the SHIB price positively.

Conclusion

Overall, Shiba Inu is one of the most discussed cryptocurrencies. Initially being just a meme coin, it stays volatile today. Its founders are doing their best to make SHIB more valuable, not only for fans of good humor but also for investors. Yet, experts still recommend buying it with caution. 

FAQ — Is SHIB Worth Buying?

Since the token is quite volatile, only traders ready for high risks and uncertainty should buy SHIB. This project isn’t the best decision for more conservative investors. 

Can Shiba Inu Realistically Reach 1 Cent?

As most experts believe, SHIB won’t reach 1 cent in the next decade. Yet, there’s a chance that it will happen by 2040.

Can Shiba Inu Ever Reach 5 Cents?

According to Telegaon and other forecasts, it would hit that price only in 2040. 

Will Shiba Inu Coin Reach 50 Cents?

Yes, but as most analysts say, investors should expect that only by 2050.

Will Shiba Inu Price Reach $1?

Shiba Inu must have a $550 trillion market cap to reach $1 per token. Since now it’s about $4,8 billion, the chances are low. 

What Will Be the Price of Shiba Inu in 2024?

The SHIB price will be about $0.000017 in 2024. The highest prediction for the token is that it’ll cost $0.000022826.

What Will Shiba Be Worth in 2025?

According to the most optimistic Shiba Inu price prediction 2025, it will reach $0.000068832. Yet, Binance considers that it’ll cost less than $0.00001.

Will Shiba Inu Coin Reach $1 in 2040?

Even according to the most optimistic Shiba Inu price prediction 2040, the token won’t get over $0.089 by that time.  

Where and How to Buy Shiba Inu Coin?

StealthEX is here to help you buy SHIB crypto. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1400 coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount you want to exchange. For instance, BTC to SHIB.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to transfer your crypto to.
  4. Process the transaction.
  5. Receive your crypto coins.
Buy Shiba Inu Coin

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: crypto price prediction price analysis SHIB Shiba Inu ShibaSwap



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Bitcoin Price Prediction 2023, 2024, 2025, 2030: What to Expect from the First Cryptocurrency?

Post By Cryptocurrency , , , ,

Bitcoin Price Prediction

Bitcoin has always been the main cryptocurrency, whose price has been changing over the years. Let’s paint a multifaceted picture of token changes and understand what factors influence BTC to get a comprehensive Bitcoin price prediction.

Bitcoin Overview

Bitcoin, once a novel concept within tech circles, has earned its place among both retail and institutional investment portfolios, marking its burgeoning legitimacy and disruptive potential in finance.

Its trading profile is marked by stark volatility — a magnet for those chasing significant returns but a red flag for the risk-wary. This unpredictability is influenced by diverse elements, from tech innovation to regulatory changes and broader economic indicators.

Current Price $35,420
Market Cap $691.9B
Volume (24h) $16.93B
Market Rank #1
Circulating Supply 19.54M BTC
Total Supply 19.54M BTC
1 Month High / Low $35,720.08 / $26,626.92
All-Time High $68,789.63 Nov 10, 2021

Investment perspectives on Bitcoin are polarized. It’s a vehicle for short-term speculation as well as a long-term asset, bolstered by its limited supply and growing demand.

Today’s Bitcoin milieu is tinged with careful optimism. While global economic shifts impact it, Bitcoin’s consistent rebound from downturns reveals its grit and evolution. The “halving” events, periodically reducing miner rewards, inject a deflationary aspect to its allure for long-haul investors.

BTC Price History 

Throughout 2010, Bitcoin’s value lingered below $1, but in 2011, it finally hit that mark. Coverage by niche publications like Slashdot and Hacker News boosted its profile, which correlated with a significant increase in network hash rate from 401 to 628 gigahashes per second between February 25 and 27, 2011, though it soon fell to 392 and then climbed back up to 774 gigahashes per second.

In April 2011, TIME magazine spotlighted Bitcoin, which helped propel its value to $32 by June — only to fall back to $10 shortly after. WikiLeaks also started accepting Bitcoin donations that month. However, after a security breach at Mt.Gox, Bitcoin’s value plummeted from $17 to a mere $0.01. The following year, it recovered to $4.6 and closed at $13.44, marking the year of Bitcoin’s first halving.

By 2013, Bitcoin hit the $1,000 milestone, peaking at $1,153 on November 30. It wouldn’t surpass this level until January 5, 2017. In 2014, Mt.Gox suffered another hack, with 744,000 Bitcoins stolen. 2016 saw another halving and the Bitfinex hack, resulting in a loss of 120,000 Bitcoins.

The onset of 2017 saw Bitcoin at $960, but by December, it had soared to an all-time high of $19,483, pushing its market capitalization beyond $330 billion. However, 2018 was tumultuous, with the value dropping from $13,800 at the start to just $3,800 by year’s end, including a significant dip to $9,800 on January 17.

BTC Price Chart

BTC price chart

BTC Price History. Source: CoinMarketCap, 8 Noveber 2023

In June 2019, Bitcoin briefly reached $13,785, coinciding with the anticipated launch of Bakkt. Despite this, the platform’s underwhelming appeal to institutional investors saw Bitcoin’s value slide from $10,036 to $6,657 within months.

2020’s volatility was no less dramatic, with Bitcoin fluctuating from $7.2 thousand in January to $10.5 thousand in February and then plummeting to $3.8 thousand. By December, it had rallied to $19,000. In 2021, Bitcoin continually reached new heights, from $40,700 in January to a staggering $61,100 by March, peaking at $63,600 in April before declining and rebounding in a turbulent pattern throughout the year.

The end of September 2021 marked another bullish trend, with Bitcoin jumping to $50 thousand and eventually reaching a peak of $66.4 thousand on October 20. Early November saw a slight retreat to $65.8 thousand.

2022 brought further shifts influenced by geopolitical and economic factors. Unrest in Kazakhstan, a hub for Bitcoin mining, triggered a drop in value. Decisions by the US Federal Reserve to hike interest rates and reduce the central bank’s balance contributed to the decline, aligning with predictions of a tougher monetary stance by Goldman Sachs.

The year continued with fluctuating values, from a high of $48,000 in March to a low of $33.4 thousand, the weakest since the previous summer. In May, a stark drop to $28 thousand was followed by a plunge to $19 thousand. On June 18, the coin’s value sank to $17 thousand, marking an $800 billion decline in crypto capitalization, further compounded by the collapse of LUNA and TerraUSD and the bankruptcy of the FTX exchange, culminating in a trading value of $29,000 for Bitcoin.

The price started slightly declining in August 2023 and reached the $26,000 mark. It stayed on the same level until the middle of October. Then it began reaching new heights quite quickly. As of now, it’s over $35,000.

Bitcoin Price Predictions

Bitcoin (BTC) Price Prediction 2023

According to PricePrediction, BTC will keep growing until the end of this year. Already in November, it can reach $35,669 (+2.83%), and it will finish 2023 at the $37,299 mark (+7.53%).

Bitcoin Price Prediction 2023

WalletInvestor is even more optimistic about the token, saying BTC will step over the $40 thousand mark (+15.3%) this December, and its final price will be $41,659 (+20.1%).

PricePredictions experts have the highest expectations for the coin. They believe that the minimum BTC price in December 2023 will be $41,645 (+20.06%). However, in the case of positive changes, it will grow to $62,468 (+80.1%).

Bitcoin Price Prediction 2024

Most experts suppose that this rise will continue in 2024. PricePrediction believes BTC will cost from $39,224 (+13.1%) to $44,950 (+29.59%) in July, and the lowest price for December will be $45,732 (+31.8%). However, if the coin meets expectations, it will reach $55,310 (+59.46%) by the same time. 

CoinCodex is even more positive about Bitcoin. Although it says that its yearly low will be just $29,439 (-15.12%), it also believes that it will reach $129,127 (+272.28%).

WalletInvestor isn’t so sure about the future of BTC. According to the analysis, its price will be around $26,000 (-25%) in August 2024. The end of the year will be even more pessimistic, as the average cost per coin will decrease to $23,664 (-31.77%).

Bitcoin Price Prediction 2025

As per PricePrediction’s forecast, BTC won’t stop growing in 2025. The year will start at about $49,764 (+43.47%) and finish at $68,191 (+96.6%).

PricePredictions has an even more optimistic outlook on BTC. In January 2025, its minimum price will be over $88,000 (+153.7%), and it’ll reach $100 thousand (+188.3%) in June. Bitcoin will grow to $111,118 (+220.36%) in December, according to the most negative scenario. As for the more optimistic outcome, it’ll get to $131,953 (+280.4%) by the same time. 

Yet, WalletInvestor still supposes the token won’t reach new heights in 2025. BTC will start the year at the 23-thousand-dollar mark (-33.68%). Then the price will slightly decline, bringing Bitcoin to $14,553 (-58.04%) in December.

Bitcoin Price Prediction 2026

Most predictions for 2026 are still optimistic. CoinCodex expects BTC to cost at least $78,579 (+126.5%). As for their positive scenario, the token will get to $105,580 (+204.39%) that year.

PricePredictions agrees with this opinion. It considers that the lowest price of BTC in 2026 will be $123,330 (+255.57%) in January. It will reach its highest point in December, costing from $145,502 (+319.49%) to $166,288 (+379.42%).

But WalletInvestor doesn’t believe BTC will get to such a level. The coin will decrease to $9,895 (-71.47%) in May 2026 and will keep getting lower. Its approximate price at the end of the year will be $5,383 (-84.48%).

Bitcoin Price Prediction 2030

Most analysts are sure that BTC will get over the six-figure mark in 2030. According to PricePredictions, it will be around $294,989 (+750.48%).

CoinCodex isn’t so optimistic, but it still believes that the coin will cost from $144,803 (+317.48%) to $266,445 (+668.18%) in 2030.

DigitalCoinPrice considers the most positive scenario. As its experts say, the lowest price will be $337,720 (+873.67%), but its highest point will be $361,970 (+943.59%).

BTC USDT Price Technical Analysis

BTC USDT

Source: Tradingview, 8 November 2023

BTC Price Predictions: Experts’ Opinions

Many experts harbor a bullish outlook for Bitcoin as we approach 2024, a period that’s slated to mark the next Bitcoin halving event. It’s a significant occurrence that unfolds every four years, where the rewards granted to Bitcoin miners are slashed by half — this time, reducing from 6.25 to 3.125 BTC. 

The potential approval of a spot Bitcoin Exchange-Traded Fund (ETF) by the end of 2024 is a topic of consensus among approximately 80% of analysts. Should such an approval come to fruition, it’s expected to further fuel Bitcoin’s price growth into 2025. Opinions vary, though; while 60% of experts agree that the approval of a spot Bitcoin ETF would likely propel the cryptocurrency’s value upward, 47% are even more optimistic. Those experts project that, should the ETF be greenlighted, Bitcoin could surpass its previous all-time high before the close of 2025.

Echoing this sentiment from a corporate perspective is Andrew Kang, the Chief Financial Officer of MicroStrategy. He articulates the company’s unwavering resolve to continue acquiring and holding Bitcoin. This stance is buttressed by what he refers to as the “promising backdrop of increased institutional adoption,” signaling a robust confidence in the cryptocurrency’s growth.

Factors Affecting BTC Price

Market demand is a primary driver. This demand is shaped by public perception of the intrinsic value of Bitcoin, which can be swayed by media coverage, investor sentiment, and the adoption of cryptocurrency by mainstream finance.

Regulatory developments are crucial. As governments grapple with how to approach cryptocurrency regulation, their policies can encourage a thriving market or instigate volatility. 

Also, halving events introduce new scarcity to Bitcoin’s supply dynamics, leading to price increases as supply tightens and demand grows.

Summary

Overall, while the predictions are varied, with some anticipating substantial growth and others advocating caution, one thing is certain: Bitcoin’s role in the financial sector is transformative, and if it meets expert expectations, it will keep reaching new highs annually.

FAQ — Is It Still Good to Invest in Bitcoin?

BTC has potential for growth, making it a profitable investment for the next few years.

Will Bitcoin Price Fall in 2023?

According to most analysts, it will rise and even reach $62,468 in some forecasts.

Why Will Bitcoin Go Up in 2023?

The main reason for the growth is the expectation of BTC halving in 2024.

How Much Will Bitcoin Be Worth in 2025?

Predictions vary widely, with some optimistic scenarios suggesting it could surpass $100,000.

How Much Will 1 Bitcoin Be Worth in 2026?

Estimates for Bitcoin in 2026 suggest a range from a continued bullish trend above $146,000 to more conservative estimates of around $10,000.

What Will Be the Price of Bitcoin in the Next 5 Years?

In the next five years, Bitcoin’s price could see significant growth, potentially reaching six figures.

What Will $100 of Bitcoin Be Worth in 2030?

If Bitcoin continues its growth trend, it will reach $361,970 that year.

How Much Bitcoin Is Worth in 2050?

If the positive trend continues, it will reach the $500 thousand mark per token.

Where to Buy Bitcoin (BTC)?

StealthEX is here to help you buy Bitcoin. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy BTC Coin?

Just go to StealthEX and follow these easy steps:

  1. Choose the pair and the amount you want to exchange. For instance, ETH to BTC.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to transfer your crypto to.
  4. Process the transaction.
  5. Receive your crypto coins.

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: Bitcoin Bitcoin price prediction BTC crypto price prediction price analysis



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