## FTT price prediction: Is there hope for recovery? 

FTT, the native token of FTX, falling off the pedestal in November 2022, from a price of $22 to under $5 within 24 hours and losing over $2 billion in the same period, was as dramatic as they come. 

From the token's all-time-high when the FTT price was $84.18 on September 9, 2021, to trading at an average of $1.20, according to the [CoinMarketCap ](https://coinmarketcap.com/currencies/ftx-token/)at the time of going to press, some experts predict a bullish trend while others suggest it may not reach the value it had before the[ fall of FTX](/news/article/ftx-exchange-under-investigation). 

This article explores the possible movement of FTT price from 2023 to 2030. 

## What is FTT? 

FTT is the native token of the derivative cryptocurrency exchange FTX. FTT is an ERC 20 token that runs on the Ethereum blockchain and needs to be stored in a compatible digital wallet. Like other digital assets, FTT has a value that can be traded besides being used to facilitate financial transactions. The FTX exchange supports FTT's value by regularly repurchasing and burning its tokens.  

FTT offers users access to the features and services provided by the FTX trading platform. Encouraging users to hold and use the token creates utility in the entire FTX ecosystem. 

FTX Token amassed strength and confidence in 2021 when it hit its all-time high, enabling investors to earn between 150 and 100% profits. Nonetheless, rumors about a "hole" in the exchange's balance books negatively impacted its fortunes, causing the coin to lose more than 80% of its value.     

## FTT unique features 

Users of the FTT token enjoy numerous unique benefits, including discounts on trading fees, lower fees when trading crypto futures, and getting tighter spreads besides using the token as collateral for futures trading. The difference can be as high as 60% for active users on the FTX platform. Other unique benefits include the following:  

## Clawback prevention 

FTT provides insurance protection to traders to protect them from Clawback. The insurance component offers a net gain during volatile market periods to cushion traders so they can continue without triggering margin calls. This scheme is especially beneficial when using leveraged tokens, which traders can use to take positions that greatly multiply profit and loss potentials.    

## Staking 

Holders of the FTT token can participate in [staking](/news/article/what-is-staking-crypto), a process where holders can lock their tokens in the exchange to help stabilize it and validate transactions to earn a share of the profits. Stakers enjoy other benefits, including free ERC20 withdrawals, IEO tickets, airdrop rewards, additional rebates, and a chance to win free NFTs by spinning the NFT swag wheel. 

Other specific use cases of FTT tokens include: 

- White label solutions: FTX offers a white label variant of their futures market and OTC site designed to attract large investors to purchase FTT. 

- FTT as collateral: The token is used for users interested in futures trading.  

- FTT token value: Since the token's value is directly related to any upgrades and expansion on the platform, token holders can expect the value of their holdings to rise as its price increases.   

## FTT price prediction 

The FTT token has consistently shown bearish signs. There are mixed feelings about a slight recovery expected over the coming weeks, with investors waiting on the fringes to take advantage of the dip to buy FTT tokens. 

As you may already know, the cryptocurrency market is highly volatile, making a precise FTT price prediction akin to looking for a needle in a haystack. Consequently, no one should take this price prediction as financial advice but as a compass direction to help you make informed investment decisions.   

## FTX token prediction 2023 

As we start experiencing some bullish signs following a slight recovery from the crypto winter, it is expected that FTT will achieve a high of $2.17 as a stepping stone toward recovery. The minimum expected price should be around $1.45, with the average price being $1.81.  

## FTX token prediction 2024 

Should the recovery process go smoothly, and FTT reaches the anticipated new highs this year, the token could hit $3.37 in 2024 and linger around $3.01. However, if the bears return, the token could achieve a minimum price of $2.65.  

## FTT price prediction 2025 

We expect FTT to experience impressive growth in 2025, even as cryptocurrencies continue to make inroads into numerous business sectors. The result would be a price of up to $4.58, some $4.22 on the lower side, and a minimum fee of $3.86.  

## FTT price prediction 2026–2030 

Should capital growth in the cryptocurrency market persist, FTT could close 2026 at around $5.78, averaging $5.42 and lows of $5.06. As the result of anticipated growth during the next five years, we could experience another significant bull market towards 2029 and see FTT achieving a maximum price of $9.40, lows of $8.68, and an average price of $9.04. For 2030, the token could rally toward $10.60 and bottom out at $9.88. 

## Is FTT a good investment? 

The [bank run on the FTX exchange](/news/article/ftx-bankrupt-who-to-blame) and its enormous debts has placed a blot on what was designed to be a good crypto investment tool. This means that investing in FTT is greatly speculative, at least for now. 

The short-term FTT price predictions could be more optimistic. Most experts believe investors will get a low ROI until FTX deals with the reputational damage caused by the bank run. 

FTT Price: Hope for Recovery?

The Shiba Inu token Shib, the meme-inspired crypto that started as a joke, has been making news in the crypto market lately. 

The cryptocurrency has made a highly anticipated addition to its ecosystem, Shibarium L2 scaling solution. The development has been the buzz of the crypto market, and the Shib Army is optimistic about big price action on the back of the Shib news. 

Shiba Inu is the second most popular meme coin known for having an active community. Therefore, all Shib news tends to create hype for the token.  

So, is the Shibarium release gainful for the token? 

## Shib news about the release of Shibarium  

The Shiba Inu team long ago promised its community an Ethereum layer 2 scaling solution, Shibarium. It was supposed to launch in 2022, but was delayed several times. However, a pseudonymous developer, Shytoshi Kusama, has now disclosed the release of a beta testnet for Shibarium.  

In a [Shib news blog post](https://blog.shibaswap.com/shibarium-early-beta-test-is-live/), Kusama announced that the beta testers can now access the testnet. In addition, the developer mentioned that the layer 2 solutions will be using Puppynet tokens. These tokens are not real assets and are only introduced for an early beta test. Only the [Shib testnet](https://www.shibrpc.com/?ref=shiba-inu-ecosystem) is currently available, while the mainnet is still being developed.  

## Shib’s position in the market 

After Dogecoin, Shiba Inu is the most impactful [meme coin](/news/article/memecoins-whats-popular) in the crypto market. The project takes pride in its highly active and enthusiastic community known as Shib Army. Due to this, the token's value depends heavily on the market sentiment. 

The coin launched in 2020 and has seen high volatility. However, the token marked its all-time high value in the bull cycle of 2021. According to [CoinMarketCap](https://coinmarketcap.com/currencies/shiba-inu/), the token touched $0.00008845 on 28 October, 2021, and is currently down by more than 88%. The current price of Shib is around $0.00001034. 

The token has a market cap of around $6 billion. Although it is half the market capitalisation of Dogecoin, it is ranked 15th among all cryptocurrencies. This shows the [potential of Shiba Inu](/news/article/could-shiba-inu-price-reach-10-by-2024) as an asset.  

## The impact of Shib news on Shiba Inu price 

The [release of Shibarium](/news/article/shibarium-release-date-update) was first confirmed by Shytoshi Kusama in October 2022. In addition, the Shib ecosystem also mentioned the introduction of several other projects with the L2 solution. These included the addition of [SHIB: The Metaverse](https://www.shib.io/) in the ecosystem. The news exploded and created hype around the value of the Shib token.   

Just before the launch of the L2 blockchain, Shib’s price surged by more than 7% in March's first week. Curiously, it was when most cryptocurrencies showed a downward trend. In the first three months of 2023, Shib’s price increased by more than 20%.  

The Shib news announcing several projects in the ecosystem played a significant role in this price surge. It developed a positive sentiment among the investors for the token.  

The prime reason behind it was that investors became optimistic that the launch of an Ethereum L2 solution would likely increase the usage of the tokens. Secondly, the development team planned to accelerate the [Shiba Inu coin burn](/news/article/shiba-inu-coin-burn) procedure. It indicates that the price of the coin may get an upsurge. 

Moreover, investors expected that the development of Metaverse would help the ecosystem to expand. A Metaverse could open the gateway for Web3 games, NFT projects, and other decentralised applications on the platform. With more projects entering the forum, the coin’s value as an asset may increase.  

Although its price saw some positive action after the Shib news of the L2 launch, March has been quite volatile for the token. In February, the coin was floating around $0.000015, but in mid-March, its price dropped to $0.000010. However, it could affect overall macroeconomic conditions in the market.  

## What is the Shibarium L2 scaling solution? 

Shiba Inu developers have created a layer 2 scaling solution for Ethereum. It enables Shiba Inu customers to deal instantly with Ethereum. It leverages Ethereum’s security and offers scalability and efficiency to it. The layer lies on L1, using different methods like roll-ups or side chains to minimise transaction times.  

Shibarium is designed to offer lower transaction times and minimal cost. It also allows developers to use the platform and design Ethereum DApps. You can develop various other DApps using the Shibarium resources.  

## Other developments in the Shiba Inu ecosystem 

Developers are also looking to launch Shib: The Metaverse. The involvement of a project like a Metaverse means more brands from different sectors will join the platform. Various brands from the Web3 niche may opt for it to develop their offerings. 

A Metaverse may lead to numerous projects in the Shiba Inu ecosystem. It may include play-to-earn games, digital collectables, [crypto-staking](/news/article/what-is-staking-crypto) platforms, DAO-based communities, and other DeFi projects.  

Furthermore, you can purchase your virtual land on the Metaverse as an investment. Your virtual real estate can make good returns as the platform gains popularity and expands.  

## Bottom line 

Shiba Inu is among the most popular cryptocurrencies. It has the backing of an active community that completely believes in its potential. As a result, the latest Shib news related to the launch of the Shibarium layer 2 blockchains has been received warmly by the community. It even triggered an upsurge in the price of Shib. 

However, the macroeconomic factors and overall market trend have, so far, kept the coin from capitalising on positive price action. At the time of this writing, the meme coin is still trading at $0.000010. Nonetheless, the developments in the Shiba Inu ecosystem are commendable. These developments can be pivotal for the token’s success in the long run.  

shiba inu dog smiling with green backdrop

Shib News: Shibarium Release and Soaring SHIB

## What is the 2023 outlook for the BTCST price? 

Recent events in the US banking sector and their implications on the Fed's monetary policy could be the spark that the BTCST price needs to recover. This article sheds light on what has happened with the BTCST price so that you can find answers to these questions yourself. 

## BTCST price history at a glance 

Currently priced at $0.65, the BTCST token is attracting decent daily trading volume. For a token that was once priced at 90 USDT and had even hit a high of 92.53 USDT, the token's price may come as a wonder to many HODLers. How did this token fall so steeply within a two-year time frame? 

As with all the crypto tokens that have some exposure to Bitcoin, the Bitcoin Standard Hashrate Token took a massive hit when the crypto winter was triggered by the Omicron variant of COVID-19 in November 2021. But before then, there had been warning signs. After the token's listing on some exchanges in April 2021, it surged massively, rising 300% from its mid-May 2021 price to a peak of 92.53 USDT. 

What followed was a massive sell-off later that month, shaving 80% off the all-time high price. However, a technical double-bottom pattern on the weekly chart heralded its best recovery run to date, sending the BTCST price from a low of 15.55 USDT to a high of 90.99 USDT in the first week of October 2021. But following the retracement from that move, the Bitcoin Standard Hashrate Token has dropped like a rock into the ocean, taking any long positions on the BTCST/USDT pair underwater, where it has remained ever since. At $0.66, the token is trading at its lowest points ever, sinking even below the April 2021 listing lows. 

## Is there a silver lining for BTCST? 

The Omicron effect has since waned. That variant did not cause severe disease among the population. What pushed the crypto market down in 2022 was the cycle of monetary policy tightening by central banks, particularly the US Federal Reserve. The stablecoin Tether (USDT) shares parity with the US dollar, so it has primarily benefited from the Fed's rate hikes to the detriment of risky assets paired with it, such as Bitcoin and BTCST. 

Inflation data for January 2023 pointed to further escalation when it was released on 14 February 2023. The data showed that the annualized consumer price index in the US beat estimates of 6.2%, rising to 6.4%. The headline number showed a print of 0.5%, beating December's figures which showed a contraction of 0.1%. Core CPI rose from 0.3% in December to 0.4% in January. 

This data, combined with the hawkish testimony of Fed Chief Jerome Powell before the US Senate Banking Committee and the House Committee on Financial Services on 7/8 March, raised the odds of the Fed moving from its previous 25 basis points [rate hike](/news/article/us-fed-crypto-rates-hike) to a 50 bps rate hike come 22 March. A further rate hike of this magnitude is expected to lead to further depression of crypto prices and gains for USD-denominated assets. This was the market view until 9/10 March, when everything changed. 

The markets woke up to the collapse of Silicon Valley Bank (SVB) after a combination of liquidity issues, a fall in bond prices (to which the bank was heavily exposed), and panic-laden tweets fuelled a run on SVB that [led to the withdrawal of $42 billion](https://edition.cnn.com/2023/03/14/tech/viral-bank-run/index.html#:~:text=Customers%20withdrew%20%2442%20billion%20in,said%20in%20a%20regulatory%20filing.) in a single day. A second bank, Signature Bank, was also in trouble. The contagion has spread, leading to a collapse in banking stocks in the US, Europe, and Asia. The US dollar is broadly weak, and suddenly, the bets for a rate hike by the Fed are off. 

If the Fed fails to raise interest rates, it will be the first time in nearly 10 months that this will happen. It could dwindle interest in USD-denominated assets and lead to renewed market interest in risky assets such as cryptos. The signs are already there. USD coin (USDC), a popular USD-backed stablecoin, briefly lost its peg with the greenback and traded at 88 cents. The peg has not fully recovered on several exchanges. 

## BTCST price potential 

For a coin that had traded as high as $90, a $0.65 price is an attractive proposition. There is long-term potential for the BTCST token. The Bitcoin Standard Hashrate Token shares a mild correlation with Bitcoin. Bitcoin prices tested the 25K resistance earlier in the year but failed to break it. The recent banking crisis caused the BTC/USD pair to push this boundary northward, testing the 26,000 price level before it beat a retreat. At current price levels, another retest of 25K is close. 

A more sustained push above 25K raises the chances of recovery of the crypto market and altcoins that are correlated with Bitcoin in particular. This scenario could prompt an uptick in the BTCST price, bringing smiles to the faces of long-suffering HODLers. Several factors need to come together to make this work. 

Volumes on the buy side are still low. But if buying volume rises and Bitcoin gets an uplift above 26K, the token may be on its way to recovery. 

btcst logo on green background image of cryptocurrency market price

BTCST Price Outlook for 2023

Cronos (CRO) is one of the most prominent cryptocurrencies on the market today. CRO is the utility token of Crypto.com, a leading cryptocurrency platform trusted by more than 80 million users globally. Is it possible for the CRO token to reach double digits by 2030? Can the cryptocurrency finally breach the $1 barrier in 2023? Our [CRO price prediction 2030](/news/article/cronos-crypto-price-prediction) follows, and much more! 

 ![navy image of crypto.com website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_30_at_14_02_19_e57056d7d2.png)

## CRO price prediction 2030, historical data, and important basics 

Crypto.com Coin was [rebranded to Cronos](/news/article/crypto.com-under-investigation) in early February 2022. The move was made shortly after Binance rebranded its blockchain ecosystem, Binance Smart Chain (BSC), to BNB Chain, where BNB stands for Build and Build. Furthermore, Binance Coin, the blockchain network’s native token, was renamed BNB. 

This move did not immediately impact the price of the cryptocurrency, as CRO lost 3% of its value in the next 24 hours! Much like the rest of the industry in 2022, CRO endured a tough year, with the price of the crypto asset plummeting from over $0.48 on 5 April, 2022, to just over $0.05 on 31 December. 

Currently, CRO is trading at around $0.07. According to [Coingecko data](https://www.coingecko.com/en/coins/cronos), the digital asset has a market cap of nearly $1.83B, making it the 36th most popular cryptocurrency on the market today. The cryptocurrency has a circulating supply of over 25 billion and a total supply of more than 30 billion. 

 ![downtrend cryptocurrency graph](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_30_at_14_02_29_303c00eb9a.png)

Source: Coingecko (Cronos) 

The crypto asset's price reached an all-time high of $0.96 on 24 November, 2021 (oh, the good old times!) and an all-time low of $0.01 on 8 February, 2019. If we analyse these numbers practically, it is clear that it is near impossible (or rather difficult) for CRO to reach double digits anytime soon. 

With a potential supply of 30 billion on the market, if the cryptocurrency were worth $10, it would indicate that its market cap is $300B. That is an astronomical 164 times more than the cryptocurrency's current market cap, and nearly 1.5 times more than Ethereum's (ETH) present market cap! 

Considering the digital asset's many utilities, which we will dive into shortly, according to our CRO price prediction 2030, it is possible for the cryptocurrency to achieve a $75-100B market cap. 

This is taking into consideration [market research](https://www.marketsandmarkets.com/Market-Reports/cryptocurrency-market-158061641.html) which indicates that the crypto industry is growing at a CAGR of 7.1%, and many [other factors](/news/article/cronos-crypto-falls-flat-world-cup), some of which you will understand shortly. 

Therefore, the CRO price may reach $3+ by 2030. Of course, you MUST DYOR at all times. Our predictions at Moni Talks are not definitive. There are several factors that may impact the price of CRO in the short and long term. 

This brings us to an important topic of discussion. Cronos is more than just the utility token of the Crypto.com platform. Cronos is a full-fledged blockchain network powered by Ethermint. 

Ethermint allows for the prompt porting of smart contracts and decentralised applications (DApps) from Ethereum and EVM-compatible blockchains. As such, the CRO token is the blockchain network's base settlement currency and the native asset of Cronos' parallel ecosystem, the Crypto.org Chain. 

According to [DeFiLlama statistics](https://defillama.com/chain/Cronos), Cronos has a TVL of nearly $375M, with VVS Finance domination of over 50%. Some of the top dApps on the blockchain network include VVS Finance (of course), Tectonic, Ferro, MM Finance, Single Finance, Veno Finance, and Beefy. 

Before exploring the cryptocurrency's utilities, let us dive further into the Cronos blockchain network. 

What is the Cronos blockchain network? 

Built with the Inter-Blockchain Communication Protocol from day one, the Cronos blockchain facilitates bridging and interoperability to the Crypto.org Chain - an energy-efficient, open-source, and fully-decentralised, public blockchain with low fees and rapid speed. 

The network also allows for interoperability with other IBC chains, such as [Cosmos](/news/article/cosmos-crypto-explained) (ATOM), in a decentralised manner. Given the current theme of BUIDLing interoperable applications in decentralised finance (DeFi) and the quest to find solutions to connect existing architecture, Cronos serves an important purpose. 

The ecosystem is the first to interoperate with Ethereum and Cosmos, [supporting the metaverse, NFTs](/news/article/nft-crypto-com), and DeFi. 

Its primary goal is to scale the Web3 user community by equipping builders with the ability to immediately port cryptocurrencies and DApps from other blockchains with fast finality, high throughput, and low cost. 

Here is the true Cronos value proposition: 

- Fast finality of 5-6 seconds (or the same as the block time), high throughput supporting 50M+ transactions daily, and a low cost per transaction of >$1 indicates that the EVM is built for interoperability, as it claims. 

- As mentioned before, Cosmos is powered by Ethermint. Cosmos is highly scalable, greener, cheaper, and faster to execute smart contracts than most public blockchains. Compared to Proof of Work (PoW) blockchains, Cronos is 90% more energy efficient. 

- Cronos can ‘talk’ to other IBC chains. This means easy asset and service interchange and value transfer is possible without the scalability issues that affect many public blockchains today. 

- Easy deployment of DApps on the blockchain is possible with familiar tools. 

- Ready access to a suite of Crypto.com products that serve more than 80M consumers worldwide. 

It should be noted that since Cronos is built on the Cosmos SDK, it can enjoy the benefits of both the Ethereum and Cosmos ecosystems. Let us now explore the relationship between Cronos, Crypto.org Chain, and Crypto.com. 

Using the Cronos Decentralised Bridge, users can easily transfer the CRO asset from Cronos to Crypto.org Chain and vice versa. With time, a greater number of assets will be transferable. While Cronos is EVM-compatible, Crypto.org Chain targets Rust and Go developers with its CosmWasm smart contract framework. 

While Cronos, Crypto.org Chain, and Crypto.com are independent entities, Crypto.com actively supports the Cronos network through its resources. Crypto.com's suite of products, including the DeFi Wallet, Exchange, and App, supports Cronos at the time of writing, with asset bridging available to and fro. 

As mentioned before, in the grand scheme of things, each of the three entities shares a common link in the form of the CRO token. CRO is the native token of Crypto.org Chain, the base settlement currency of Cronos, and serves many utilities on the Crypto.com platform. Let us explore these utilities. 

## What are the utilities of CRO on the Crypto.com platform? 

There are several benefits of locking up CRO on the Crypto.com exchange and app. For starters, as you may have guessed already, if you lock up CRO on the exchange and pay with the cryptocurrency, you can enjoy discounted trading fees. 

The cryptocurrency is currently available for purchase on 23 exchanges, including Crypto.com (quite naturally), KuCoin, Gate.io, Bittrex, and Huobi Global. Several crypto wallets support the digital asset, such as Ledger, Trezor, Atomic Wallet, MyEtherWallet, Trust Wallet, and MetaMask. 

Let us explore the benefits of locking up CRO on the exchange: 

- You will receive a CRO rebate when you pay trading fees with the crypto asset. Visit this [page](https://help.crypto.com/en/articles/5313061-cronos-cro) for detailed insights into the Maker Discount Rate and Taker Rate for various amounts of the cryptocurrency locked up on the Exchange. 

- For a minimum of 50,000 CRO locked up, you will receive a daily interest APR of 4%, which goes up to 8% for a minimum of 500,000 of the cryptocurrency locked up. 

- You will receive access to The Syndicate if you lock up a minimum of 5,000 CRO. 

- For every friend you refer to the exchange, you can receive up to $2,000 in CRO and a whopping 50% of their trading fees. Terms and conditions apply for the same. 

#### Here are the benefits of locking up the cryptocurrency on the app: 

- You can reserve a premium metal Crypto.com crypto card in multiple colours and tiers. These cards come with many benefits, such as 5% cash back on each transaction, numerous CRO staking rewards depending on your tier, and exclusive private benefits and rewards for certain tiers that have staked CRO. 

- With the [Crypto.com Visa card](/news/article/best-crypto-card-uk), enjoy purchase rebates on Amazon Prime, Airbnb, Expedia, Spotify, and Netflix purchases. Rebates are dependent on your card tier, and you are only eligible for this reward scheme if you have a locked CRO. 

- By sending CRO to friends, mobile airtime, or purchasing gift cards, all via the app, you can receive cashback in CRO, termed as Pay Rewards. You are also eligible for Pay Rewards if you use the Pay Checkout facility via the app and use CRO as the currency for payment. 

To learn more about the amount of CRO you must lock to enjoy certain benefits, details about card tiers, and any other questions you may have, [visit the website](https://crypto.com/). 



green image of Cronos crypto CRO coin in front of stock market graph

CRO Price Prediction for 2030

Recent Luna cryptocurrency news has seen Do Hyeong Kwon, the former Chief Executive Officer (CEO) of Terraform Labs, charged by the [US Securities and Exchange Commission](https://www.sec.gov/news/press-release/2023-32) (SEC). Announcing the charge in mid-February, the agency described it as one of the biggest multi-billion dollar digital currency securities fraud in recent times. 

Luna cryptocurrency news: Firm sold suite of crypto asset securities 

From April 2018 to May 2022, when the algorithmic stablecoin TerraUSD (UST) collapsed and wiped billions of dollars off the market, the SEC believes the Singapore-based company and its CEO offered and sold a range of connected suite of crypto asset securities which raised billions for the various stakeholders involved. 

According to the SEC, many of these activities went on through unregistered transactions. 

One of the areas that brought the agency’s raid on Terraform Labs was its association with the production of above-average annual percentage yields (APYs). While interest rates from traditional financial institutions have been ranging from 0% to 3%, the introduction of blockchain technology which has given birth to decentralized finance (DeFi) and decentralized applications (DApps), has created a new window of opportunity where investors can earn more. 

Although most projects remain cautious about not misleading investors by setting up APYs of 5% to 15%, Terra promoted its stablecoin as a high-yield crypto asset with an APY of 20%.  

The founder persistently told investors that the UST will continue to maintain its peg against the US dollar (USD) and its native asset in the form of LUNA will continue to increase in value. 

Commenting on the development, [SEC Chair Gary Gensler](https://www.investopedia.com/gensler-on-crypto-6544288), who has consistently fired at the fact that most of the cryptocurrencies on the market are securities, said that Do Kwon and his organization committed fraud because they found ways and means to repeat false and misleading statements to lock investors in on their illegal activities. 

Gensler added that while most crypto companies will go length and breadth to avoid complying with rules and regulations, the fresh charges demonstrate the regulators' commitment to protecting the hard-earned money of public servants.  

## Luna cryptocurrency news: Do Kwon charged by South Korean authorities 

In September 2022, four months after the crash of UST led to the greatest sale in the history of the crypto market, the [International Criminal Police Organization](https://techcrunch.com/2022/10/18/terra-luna-do-kwon-south-korea-interpol/?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGjaFM-D1a95oDnEjdg3Nf9NVfQ_k8aZm3ugJEYYvJtaSnEsGNEY3kFPm2V7W5mGUSJ-jBhNM44cF90kxpu_jNSrwOn7RnOJF-kQBSRV10zB3rd5A1ZfjHn0kS8hxwua5Mui2LJHnkL2pKwZ9vlOOTTfRMa2JtU3GxpfgZZlLbGI&guccounter=2) (Interpol) issued a red notice for the CEO.  

This came about after prosecutors in his native country of South Korea requested the 194-member country organization to pursue the crypto boss.  

In October 2022, with pressure from investors mounting and South Korea receiving negative buzz in the crypto market, authorities told Kwon to abdicate his passport or face consequences in the form of a revocation. 

Responding to the international arrest warrant on his head, Kwon said that the charges against him were unfounded and he believed they were politically motivated. 

In December 2022, South Korean authorities reported that it had come to their notice that he was hiding in [Serbia](/news/article/do-kwon-hiding-in-serbia) after leaving Singapore a few months earlier.  

## Effect of Terra Luna's collapse on the crypto market 

Although it would be understandable for newbies to the crypto market to downplay the impact of LUNA's collapse on the decentralized finance economy, the statistics say otherwise. 

On 1 May, 2022, the crypto market had a market capitalization of approximately [$1.68 trillion](https://www.tradingview.com/chart/1okY2Hep/?symbol=CRYPTOCAP%3ATOTAL). Within 12 days of the beginning of the end of TerraUSD (UST), the stablecoin began de-pegging from the USD. This also led to large selling by [LUNA holders](/news/article/terra-luna-second-airdrop), ultimately resulting in a plunge in the coin's price from[ $78.32](https://coinmarketcap.com/currencies/terra-luna/) on 1 May to $0.004173 by the close of 12 May.  

The resultant effect of this was a 35% tank in the overall market value of the crypto sector to $1.088 trillion on the same day. Simply put, in plain mathematics, around $588 billion was wiped off the market in about two weeks. 

What followed was an extensive disinterest in a market that had brought multiple percentage gains to investors in 2021. The consistent selling activities saw about $756 billion as the overall market value of the crypto economy on 31 December, 2022. 

In just seven months, 54% of the market was lost due to Terraform Labs. As a result, investors withdrew $920 billion from the blockchain-powered sector. 

 ![white image of luna stocks](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_30_at_11_18_47_e0d6b2e9ca.png)


## UST's collapse destroyed decentralized finance and TVL 

The only way the blockchain-powered economy could contest the centralized finance economy was to offer something different. That is how DeFi and total value locked (TVL) came into being. 

With decentralized lending, exchange, insurance, and yield aggregation leading to the creation of new DApps, millions of investors locked liquidity into pools to consistently earn passive income. 

Terra was one of the most vibrant projects and commanded more than $20 billion in value locked. At one point, it trailed only Ethereum in the ranks of projects with the most liquidity in DApps. 

By the end of 2022, the project once touted as a threat to Vitalik Buterin and Ethereum's dominance in the smart contracts section of the blockchain world, had a TVL of around [$32 million](https://defillama.com/chain/Terra2).  

For a project that once surpassed Binance Smart Chain, Avalanche, and Solana, Do Kwon’s innovation has now fallen behind Oasis, Stacks, Hedera, Gnosis, EOS, and Waves. 

 ![black image of luna trading view stats](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_30_at_11_04_05_a37147fc8d.png)


## Future Luna cryptocurrency news 

Do Kwon remains at large, but only time will tell if he can outpace authorities. In March 2023, Terra TVL fell below its closing in 2022. Its cryptocurrencies, in the form of [Terra Luna Classic](/news/article/terra-luna-classic) (LUNC) and Terra LUNA, continue to trade below $5 by seeing consistent below-average trading volumes it was not accustomed to during its glory days between April 2018 and May 2022. 


luna cryptocurrency coin in front of green abstract tech image

 Luna Cryptocurrency News: Do Kwon Charged Again

Grove Token yielded more than 34 million search results via Google, showing the keen interest in the project by traders and investors from all walks of the decentralized finance sector. 

The project has marketed itself as a green crypto (an environmentally-friendly cryptocurrency) that wants to compensate stakeholders of the digital currency economy for years of abusing nature by creating what it calls a healthier and wealthier future for all.  

To do this, [Grove Token](/news/article/will-enhance-token-explode), which went by the ticker symbol of GVR, has rebranded to Grove Coin with a new symbol of GRV, hoping to capture a substantial portion of the crypto market.  

## Grove Token accomplished milestones 

To become a full-fledged crypto project, the development team embarked on a [Binance](/news/article/binance-us-cleared-to-buy-voyager) Smart Chain Evolution Proposal (BEP) – 20 launch. As a token standard on BNB Smart Chain, BEP 20 extends Ethereum Request for Comment (ERC) – 20 and provides a layout on how tokens can be spent, the kind of people who can spend them, and other rules around their utility.  

It embarked on a contract audit to certify the project's authenticity to avoid falling into the same group as SafeMoon and other scam crypto projects. 

No crypto company or entity can survive in a market where more than 20,000 coins fight for the same investments. As a result, the team embarked on a social media campaign to shed light on the possibilities of green crypto.  

More importantly, partnerships were forged with CoinGecko and CoinMarketCap – two of the most visited platforms for information about crypto projects before the close of March 2022.  

Donations were welcome during the second quarter. There were renewable energy partnerships, hydroponic farming, green energy contribution, an ERC-20 launch, and a minor exchange listing.  

While the third quarter opened to a falling crypto market, Grove continued to accomplish milestones by continuing with the formation of partnerships, creating solar panels for residential areas, and teasing potential investors about its Play-to-Earn (P2E) capabilities – an industry forecasted to be worth [around $3 billion](https://www.globenewswire.com/news-release/2022/07/26/2485687/0/en/Play-to-Earn-NFT-Games-Market-Worth-USD-2845-1-million-by-2022-2028-Opportunities-Challenges-Drivers-Trends-Key-Players-Regional-Analysis-Size-Shares-Developments-Types-Application.html) by 2028.  

Major advertising events were also outlined, but the breaking news was the listing of GVR, now GRV, on [major cryptocurrency exchanges](https://www.grovetoken.com/invest). Thanks to the advancements made, the cryptocurrency can be found and traded on decentralized exchanges (DEXs) such as PancakeSwap, ShibaSwap, and Uniswap. The token can also be found on centralized exchanges such as MEXC, Digifinex, Bitget, BKEX, Gate.io, Hotbit, BitMart, Lbank, and XT.com.   

## Grove Token has entered crypto's mainstream 

In the last quarter of 2022, which saw the collapse of FTX, the project's wallet, GroveKeeper, in addition to staking services, yield farming, lending, bridging, and its decentralized exchange, GroveSwap, were also highlighted strongly. 

The rebranding to Grove Coin came in the first quarter of 2023 after the successful launch of Grove Blockchain, which led to the introduction of Grove credit cards and an online store for residential aeroponic and solar farming.   

GRV appeared on CoinMarketCap on 10 January, 2023, and opened at [$1.01](https://coinmarketcap.com/currencies/grove3/), reached a day high of $1.02, tested a day low of $0.9442, and eventually closed the day at $0.9758. The trading volume for the day was $136,401.  

GRV reached an all-time high (ATH) price of $1.64 on 15 January, 2023, and succumbed to an all-time low of $0.6343 on 12 March. 

Due to selling by holders aiming to lock in gains and cut losses, GRV has shed 32% of its opening day price this year.  

Grove Token price prediction 

Despite its relatively lower trading volumes when compared to other projects, analysts at[ Price Prediction.net](https://priceprediction.net/en/price-prediction/grove-coin) foresee GRV ending 2023 with an average price of $0.96, a minimum price of $0.93, and a maximum price of $1.09.  

The analysts added that the token could close 2025 with a regular price of $2.01, the lowest possible price of $1.93, and the highest possible price of $2.37. 

Grove Token Rebranded Grove Coin

One of the more unusual crypto tokens on the market is Sweatcoin (SWEAT), which rewards users for their physical activity through a digital currency system. With its innovative approach, it's no wonder many are curious about Sweatcoin's prospects and how much it is worth. We will be examining the SWEAT price prediction from 2023 to 2034, considering historical price action, current developments, and social sentiment from the community.

## Forecasting the future: A look at how much SWEAT crypto will be worth

Sweatcoin has revolutionized the world of fitness apps by incentivizing users to exercise regularly through its Move-to-Earn model. By rewarding users with a unique cryptocurrency, SWEAT, it has made fitness a more profitable and fun experience. Users can now turn their daily steps into valuable products or donate to charitable causes. With Sweatcoin's vast marketplace of branded goods and services, users can select from thousands of options that cater to their needs.

SWEAT, Sweatcoin's cryptocurrency, has entered the crypto space and is built on the NEAR blockchain. Using Movement Validators, the token confirms if people are taking the required steps to issue the crypto. Users can earn SWEAT by completing daily exercise routines, with one SWEAT awarded for every 1,000 verified steps.

The token can be bought, sold, and traded on exchanges. It is used to collect revenue from NFT sellers, buy NFTs, subscribe to Sweatcoin's premium services, and collect advertising fees.

The SWEAT Wallet is Sweatcoin's dedicated crypto wallet allowing users to securely store and manage their SWEAT tokens.

With an uncapped supply, SWEAT will become harder to mint over time, as each SWEAT token will require more steps to mint than the last. This makes SWEAT a unique cryptocurrency that rewards users for leading a healthy lifestyle while incentivizing them to continue their fitness journey. Overall, Sweatcoin's innovative approach to fitness and crypto has made it a popular choice among users worldwide, with its ratings soaring high on both Apple App Store and Google Play Store.

[Sweatcoin was founded in 2015 by Anton Derlyatka](https://ambcrypto.com/predictions/sweatcoin-price-prediction), Oleg Fomenko, Egor Khmelev, and Henry Child. They introduced a groundbreaking concept of incentivizing physical movement through their platform. Their interest in bringing together the worlds of crypto and fitness led to the creation of the token SWEAT.

In September 2022, SWEATCOIN launched its new Web3 SWEAT token, distributing more than 4.7 billion tokens to 13.5 million holders. The Sweat Wallet was also launched to provide accessibility to users unfamiliar with blockchain technology while allowing token staking and NFT games.

The response was overwhelming, with more than two million downloads of the Sweat Wallet app within 72 hours of the Token Generation Event (TGE).

Before the TGE, the Sweat Foundation and Sweatcoin announced plans to burn 4.76 billion of their SWEAT allocation, adding more user value. They also pledged to use 50% of their profits to buy SWEAT from the secondary market, which would then be burned or distributed as staking yield. To ensure transparency, they promised to publish evidence of their buying activity. This commitment showcases Sweatcoin's dedication to creating a valuable user ecosystem and promoting community transparency.

## How much will SWEAT crypto be worth? Supply, demand, and adoption rates

[Despite being a relatively new token, SWEAT has ambitious plans](/news/article/sweatcoin-crypto-what-to-know). The team has laid out a four-phase roadmap to ensure the token's success in the years to come. The first phase focuses on staking and rewards, incentivizing users to hold and stake their SWEAT tokens.

The second phase, delivered via Moonpay between August and December 2022, introduced Dynamic NFTs, Learn to Earn, and Fiat on-ramp. The team aims to continue building on this by introducing a crypto-crypto exchange, NFT marketplace, crypto marketplace curated offers, tiered transaction fees, referral fees, and Sweat DAO in the third phase planned for 2023-2024.

The fourth and final phase, planned for 2025 onwards, aims to create an open economy of movement, data analytics, and Movement Validators. This phase will leverage the power of the NEAR blockchain to gather and analyze data, ultimately creating a more efficient and transparent platform. With this roadmap, SWEAT has laid a clear path for the token's future development and success.

## How much will SWEAT crypto be worth? A comprehensive analysis of future value

2023-2025 Price Predictions: In 2023, our analysis suggests that Sweatcoin's price should range between $0.01 to $0.016, with an average price of $0.013. By 2024, we predict that the price will range between $0.018 to $0.027, with an average price of $0.022. Looking ahead to 2025, we anticipate that SWEAT's price will range between $0.022 to $0.034, with an average price of $0.028.

2026-2028 Price Predictions: As we move into 2026, our analysis predicts that Sweatcoin's price will range between $0.028 to $0.043, with an average price of $0.035. By 2027, we expect the price to range between $0.036 to $0.054, with an average price of $0.045. In 2028, we predict that the price will range between $0.045 to $0.068, with an average price of $0.056.

2029-2031 Price Predictions: Our analysis suggests that in 2029, the SWEAT price will range between $0.057 to $0.086, with an average price of $0.071. Moving forward to 2030, we predict that the price will range between $0.072 to $0.1, with an average price of $0.09. By 2031, we expect the price range to be between $0.091 and $0.13, with an average price of $0.11.

2032-2034 Price Predictions: As we reach the final years of our prediction, we anticipate that in 2032, Sweatcoin's price will range between $0.11 to $0.17, with an average price of $0.14. In 2033, our analysis suggests that the price will range between $0.14 to $0.21, with an average price of $0.18. Finally, in 2034, we predict that the price will range between $0.18 to $0.27, with an average price of $0.22.

## SWEAT crypto: The next big thing?

Overall, our analysis suggests that Sweatcoin's price will experience gradual growth over the next decade, with a potential for significant increases in the long term.

However, it's important to remember that market conditions can be unpredictable, and our predictions are based on current trends and developments. As with any investment, conducting research and weighing the risks before making any decisions is essential.


green image of sweatcoin token with two men exercising and sweating

How Much Will SWEAT Crypto Be Worth?

What are the key takeaways on the BLOC coin price prediction for 2023 and beyond?

•	Bloc Money is still trying to find its feet in the crypto market.

•	After several hiccups during development, the token is not listed on any major centralized exchange. Only a few obscure exchanges offer the token for trading.

•	The recovery of the Bloc Money token will depend heavily on developing a solid use case and disruptive products for the ecosystem to boost its acceptance.

## About BLOC coin

The BLOC coin price prediction for 2023 may not be a rosy one for HODLers of this token. Listed a few months ago on the Tradeogre centralized exchange and a few decentralized exchanges, Bloc Money has shed nearly 80% of its listing value in its pairing with [Tether](/news/article/usdt-to-gbp-price-analysis) (USDT).

This situation has left many wondering what the future holds for BLOC and whether the Bloc coin price prediction will be favourable.

## Bloc Money: The journey so far

BLOC, the Bloc Money blockchain project token, debuted as far back as 2018 on centralized exchanges. The highest price ever recorded on the BLOC/USD pair was $0.06. This is about as good as things got for the token, as the price has steadily declined since then.

The token was able to ride the market's bullish run in 2021, but never recovered its 2018 highs as it touched off the $0.04 mark. The recent bounce of this token has enabled it to pull off from all-time lows, but its present value remains more than 95% off its listing high.

![bloc1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bloc1_e9ddae1706.png)
 
A look at recent charts of the BLOC/USD pair suggests that the price action has stalled, and volumes on the token have dried out. For instance, the BLOC/USD pair was last traded on the [Uniswap exchange](/news/article/uniswap-exchange-nft-aggregator) on 7 January, 2023, with a very thin volume and virtually no liquidity. On other exchanges, total trade volume was just $3.0633613, according to data from Binance. This is a far cry from its early days when it traded with reasonable liquidity.

If you had invested $1,000 into the BLOC/USD pair at its all-time lows, you probably would have doubled your money. But whether you could have pulled it out on the back of such low liquidity is another story entirely.

## So, what has gone wrong with BLOC?

•	The token's listing came when the crypto market was in general decline.

•	The crypto market continues to face downside risks from rising inflation in the US, causing the market to lean heavily on USD longs in anticipation of further interest rate hikes by the Fed.

•	Liquidity has dropped off heavily, with only a few dollars-worth of the token being transacted daily. Simply put, there is not much trading interest in the asset currently.

## Bloc coin price prediction for 2023

The crypto market’s recovery has stalled after Bitcoin hit the 25k resistance mark. With the price pulling back slightly, this has also kept any altcoin recoveries at bay. To get a reasonable definition of what the Bloc Money token may do in 2023, one has to look at some of the project's fundamentals and the charts to get a glimpse of the future price action of this token.

Bloc Money was conceptualized in 2019 as a project to popularize the use of the blockchain in an environmentally sound manner. However, the project ran into problems soon after when the initial development team left the project, necessitating the sourcing of a new team to complete the project. Perhaps the biggest issue that the Bloc Money project has had fundamentally is the lack of a use case that resonates with the market.

![bloc2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bloc2_92e1610a5e.png)
 
BLOC/USD: May 2022 to February 2023

One of the products that Bloc Money was to implement was PayChange. PayChange was conceptualized as a one-stop listing for business owners accepting cryptos as a payment method to get their business listed and found on the PayChange Map. That way, businesses would be accessible to millions of users who spend cryptos by viewing the listings close to them on the GPS-enabled PayChange map. In return, users would get cashback and other benefits for using the PayChange app to shop at these businesses.

PayChange was supposed to disrupt the advertising business, cutting out the likes of Facebook by offering a means of bringing crypto-using shoppers to the PayChange-listed businesses. This would have allowed companies to reduce their ad spend and share these savings with the customers as incentives. It is currently unclear what has happened to this product. From the look of things, it never really took off.

So we have a situation where anyone trading the BLOC/USD pair would be hard-pressed to find any intrinsic fundamentals to drive any price recovery. This leaves the BLOC coin at the mercy of the market's vagaries. Bitcoin has shown some recovery in 2023, but this has largely stalled. Altcoins depending on Bitcoin to achieve some recovery have also stalled.

Trading on the BLOC coin currently suffers from very low liquidity. For instance, in the 24 hours preceding the writing of this piece, the token only saw $12 worth of transactions, despite an uptick in its share price by close to 50%. [Recent price action on BLOC/BTC](https://tradeogre.com/exchange/BTC-BLOC) has oscillated between 0.00000002 acting as the floor and 0.00000004 functioning as the ceiling.

A steep surge in buying volume must accompany any radical upticks in the price of this crypto. Currently, this is absent. The present scenario does not favour much of a bullish BLOC coin price prediction.

However, a market bounce led by a Bitcoin recovery above the $25,000 resistance mark on the BTC/USD pair may lead to a short-term recovery. Until that happens, the range defined above remains the limits of the BLOC coin price prediction.


bloc coin logo on image of person playing with blocks

BLOC Coin Price Prediction 2023

The recent advance in the Lunar crypto price has raised some salient questions among investors and HODLers alike:

•	Is this a proper recovery, or is it a bull trap?

•	Can Lunar crypto price ever get back to its October 2022 listing high?

•	Is there a potential to invest in Lunar now?

This article sheds light on what has happened with Lunar so that you can find answers to these questions yourself.

## What has been happening with Lunar?

The first thing to mention is that Lunar has moved to a new contract address. So, if you have yet to migrate and are worried you have lost your coins, you may check here for the new contract address, as there was an official announcement.

Lunar is primarily paired with wBNB on decentralized exchanges. However, it also pairs with the US dollar on the MEXC exchange. The price moves on the LNR/USDT pair on the MEXC exchange indicate that after hitting its all-time highs on the listing date in October 2022, the pair was hit by the crypto winter. Despite its recent attempts at recovery, it is still 80% below its listing highs.

So you can understand the questions from HODLers who are worried about whether there is any chance of LNR/USDT regaining those highs.

One thing is for sure; recovery (if any) will be a prolonged process. Here are some reasons that will play into this line of thinking.

First, we need to understand why Bitcoin and some cryptos did nothing but drop like a rock in 2022 and why they have shown some level of price appreciation in 2023. While the onset of the Omicron variant of COVID-19 was the fundamental trigger for the selloff that began in November 2021, the fundamentals pushing the crypto market have since changed as Omicron has not produced any dramatic worsening of the pandemic as once feared. So it is no longer an issue.

What has been driving the markets is the anticipation of the direction of monetary policy by central banks, chiefly the US Federal Reserve. 

The Fed commenced an aggressive rate-tightening cycle in May 2022, making US dollar-denominated assets more attractive and sending investment money out of risky assets such as cryptocurrencies. This factor was what drove crypto prices lower in 2022. Following several rounds of rate hikes, the Fed has started to slow down on its tightening cycle, allowing some of this money to return to the crypto market. There is on-chain evidence to this effect, with data from Whalealert showing that a lot of whale money poured into the crypto market in February 2023.

The recent bounce in crypto prices has served Lunar well, allowing it to push off its January 2023 lows. The [much-awaited judgement in the SEC vs. Ripple lawsuit](/news/article/ripple-xrp-news-2023) could also significantly impact the crypto market and on altcoins such as Lunar in the short term.

Watch out for Lunar’s presentation at the London Blockchain Summit
Following the 10 October, 2022, spike that led to an 800% rise in the Lunar crypto price, the token has since shed off some of that value.

However, there appears to be a slight resurgence in the price action. 

There is still a long way before the price can recover to the highs of 10 October, but Lunar has much potential, and the current prices may present an exciting opportunity for those in it for the long haul.

The upcoming [London Blockchain Summit](https://blockchaineconomy.london/) will present an opportunity for the Lunar team to give an update on its products and how it intends to push the project forward in 2023. This meetup may throw up some exciting stuff that will make the token the market's darling once more.


lunr crypto logo on green background image of the moon in the sky

Is Lunar Crypto Price Ripe for Recovery?

The Digibet token is an ERC-20 token operating on the Binance Smart Chain (BSC). It is listed on Latoken, PancakeSwap, and Hotbit. The recent mild recovery in the crypto market is being stalled by various factors, including [lawsuits filed by regulators against exchanges](/news/article/coinex-exchange-sued-by-ny-attorney-general). It could take a lot more than the token's inherent fundamentals to see a recovery in the Digibet token price.

## Digibet: The journey so far

This token debuted on the Nomics exchange with a price of $0.012. That is the highest the crypto has ever attained. After closing lower on the day, the Digibet token price recorded a significant slump. This development may surprise many, especially as it started well before the crypto winter commenced. For a token belonging to a project that ought to have taken the online gaming industry by storm, the performance of Digibet has disappointed many.

So what happened with Digibet? Why is the token price where it is today? Here are some reasons.

•	Despite the brief recovery of the crypto market, it remains well off its 2020/2021 highs.

•	Rising inflation continues to pressure the US Federal Reserve to raise interest rates. This scenario makes US-denominated assets (such as Tether stablecoin or USDT) more attractive at the expense of riskier altcoins. Digibet continues to suffer from this effect.

![digibet.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/digibet_fd162f0e66.png)
 
## Digibet token price prediction for 2023

Digibet’s price currently rests at $0.000000001, which is more than 95% below its listing high. In terms of fundamentals, the future of gaming tokens looks bright, as the [global blockchain gaming market](https://www.globenewswire.com/news-release/2023/01/26/2596429/0/en/The-Global-Blockchain-Gaming-Market-size-is-expected-to-reach-104-5-billion-by-2028-rising-at-a-market-growth-of-68-2-CAGR-during-the-forecast-period.html) is expected to grow from $4.6 billion in 2022 to $104.5 billion in 2028, representing a CAGR of 68.2%.

This is according to data from Reportlinker detailing its six-year outlook for the global blockchain gaming industry.

Suppose the fundamentals are anything to go by, and Digibet can tap into this potential. In that case, we could see some price appreciation, making this token a good investment at current levels.

However, there is always a possibility that this may not happen, and Digibet may find itself joining the list of altcoins that had great potential but sadly lost their way.


blue image of digibet logo on image of chains

Digibet Token Price: What's Happening? 

If you have ever wondered, "where can i buy LOOM crypto?", this article will outline some of the exchange the Loom Network native token is available on, and explain how to buy it.

Loom Network, launched on 1 October, 2017, is a platform as a service built on [Ethereum](/news/article/ethereum-shanghai-upgrade) that enables developers to operate decentralised applications on a large scale. Its primary objective is to provide developers with smart contracts for greater computing power as needed or to maintain the same level of power while reducing costs for specific tasks, such as user onboarding trials or applications that don't require full blockchain security.

It facilitates the execution of Ethereum Solidity apps via side chains, providing specific consensus mechanisms and enhanced security. It streamlines the scaling process of decentralised apps on the Ethereum network, utilising DPoS side chains. LOOM token serves as a membership token, granting access to all apps, allowing for seamless transfer of digital assets and data between Ethereum and Loom DAppChains.

## Where can I buy Loom crypto?

The most popular trading platforms for Loom Network are [Huobi](/news/article/huobi-exchange-who-owns-it), VCC Exchange, Coinbase Pro, Upbit, Bilaxy, Bittrex, Bithumb, Binance, and HitBTC.

## Step-by-step guide on buying LOOM on Coinbase

Step 1:
To begin using [Coinbase](/news/article/coinbase-singapore-approval), complete the sign-up process by downloading the app or signing up on its website. It's important to have a valid ID and proof of address readily available, as these may be required for transactions. Remember that ID verification times may vary based on your location and could take longer than a few minutes.

Step 2:
To incorporate a payment method, click the payment method field and link a payment option. You can opt for a bank account, debit card, or initiate a wire transfer.

Step 3:
Initiate a transaction by selecting Buy & Sell on Coinbase.com or tapping the ( + ) Buy option on the Home tab of the Coinbase mobile app.

Step 4:
Choose Loom Network from the list of available assets. To find and select Loom Network on Coinbase.com, click the Buy panel. For Coinbase mobile app, type "Loom Network" into the search bar to find it. Once you see Loom Network in the search results, tap on it to access the purchase screen.

Step 5:
Specify the desired purchase amount. Use the number pad to indicate the amount you wish to spend in your local currency. The application will then convert it into an appropriate crypto amount. The arrow keys positioned to the right of your chosen money amount can be clicked to switch it to the corresponding token amount.

Step 6:
Complete the acquisition by tapping "Preview buy" when you're prepared. Examine the specifics of your purchase to ensure everything is in order, then validate your acquisition by clicking "Buy now". Following the completion of your order, you will be directed to the confirmation page, indicating that you have successfully purchased this cryptocurrency.

## Buying Loom Network crypto on Binance

After creating a free account on the Binance website or app, click on the "Buy Crypto" link on the website to view the available options in your country. Binance recommends purchasing a stablecoin like USDT or BUSD first for better coin compatibility and then using it to buy $LOOM.

You could pay using:

- Credit Card and Debit Card.

- Bank Deposit.

- Third-Party Payment.

You are given 60 seconds to confirm your order at the present price, or the order will be updated in accordance with the current market value. By clicking the Refresh button, you can check the revised amount of the order.

After purchasing your cryptocurrency, you can keep it in your personal crypto wallet or leave it in your Binance account. Additionally, you can trade it for other cryptocurrencies or earn passive income by staking it on Binance Earn. If you wish to trade it on a decentralised exchange, Trust Wallet could also be a great option as it supports a wide range of assets and blockchains.

## Choosing the right order type for buying Loom crypto

Market order: This type of order is executed immediately at the current market price of the coin or token. For instance, if LOOM is currently trading at $0.05, a market order will purchase LOOM tokens at approximately $0.05 per token.

Limit order: A limit order is a buy order that is executed at or below the price you specify. For example, if you set a limit order to buy 100 LOOM tokens with a limit price of $0.08, you will not pay more than $0.08 per token. If the broker is unable to fill the order at or below $0.08, the order will remain open indefinitely.

## What is the circulation of Loom Network digital token?

This digital token is utilised for Proof-of-Stake to secure Basechain. It can be staked by token holders to earn rewards. Additionally, developers can use the token to pay for DApp hosting on Loom Network without any transaction costs for users.

It operates on the Ethereum platform and follows the ERC-20 standard, serving as a means of payment for services on the network. It's important to note that LOOM isn't mined but acquired through user participation in DApps. The maximum quantity of tokens is limited to 1 billion.

## LOOM price predictions 

[CryptoGround](https://www.cryptoground.com/loom-network-price-prediction)'s price prediction for this token in 2022 was bearish. 

However, the site predicted that the token could rebound to $0.0607 in March 2023 and potentially rise to $0.0743 by August. The forecast also projected a token price of $0.1197 in 2024 and $0.3088 in 2025, with a potential value of $0.4789 by September 2027.

According to [PricePrediction's](https://priceprediction.net/en/price-prediction/loom-network) forecast, the token price could increase to $0.081 by 2023 and $0.12 by 2024. The site also predicted that the token may reach $0.17 by 2025, $0.24 by 2026, and $0.35 by 2027. By 2028, the estimated price was around $0.52, potentially rising to $0.75 by the decade's end. PricePrediction also forecasts that the price could hit $1.15 by 2030 and $1.73 by 2031.

[WalletInvestor's](https://walletinvestor.com/forecast/loom-network-prediction) prediction was more pessimistic, predicting that this project may face challenging times and that the token's value could decrease significantly to approximately $0.0692 by September 2023.

It's important to note that predicting the price of a token is challenging due to the highly volatile nature of cryptocurrency markets. Short-term and long-term predictions can be incorrect since market fluctuations can occur within hours. Therefore, it's important that you make your own judgments and not rely on any predictions before making any investments.


green image of loom crypto logo over abstract tech art

Where Can I Buy LOOM Crypto?

Chainlink is a [decentralised network of oracles](/news/article/chainlink-news) that allows smart contracts to interact safely with real-world services and data beyond the realms of blockchain technology. But can LINK, its native currency, reach a value of $10,000?

![link1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/link1_9a7f58580e.png)
 
Put simply, Chainlink enables current, traditional, and modern economies to securely, efficiently, and transparently connect to the emerging blockchain space in social and business processes.
Can Chainlink reach $10,000 by 2030? Will LINK have a solid 2023?

## What is Chainlink?

The crypto and blockchain space is ever-growing. [Research suggests](https://www.grandviewresearch.com/industry-analysis/blockchain-technology-market) that the global blockchain technology market size will reach $1431.54B by 2030, at a CAGR of nearly 88% between 2023-2030. To put it into perspective, the industry was valued at $10.02B in 2022!
 
Currently, the largest chunk of the global blockchain technology market is dominated by financial services, with government, healthcare, media and entertainment, retail, transport and logistics, and travel commanding significant traction.

Chainlink has established itself as a key constituent of numerous blockchain applications. The Web3 services platform is poised to grow further as more players enter the industry. What is Chainlink exactly, and why should you know about it? Here is what makes the blockchain platform stand out.

## What makes Chainlink stand out?

As blockchain enthusiasts, we all know the primary purpose of blockchain technology is to eliminate the middleman through decentralised architecture and enjoy the benefits of reliable and secure data computation and storage systems.

Blockchain technology, however, is much more than the simple moving and recording of funds on a decentralised ledger.

Some high-level programmable blockchains allow for the execution of commands that are more expressive in nature through applications built on the chain that execute actions based on predefined, consequential events.

An example of such a command set is: if Pizza Delivery X is not delivered within 30 minutes, issue a Refund of Y to Customer Z.

These blockchain applications are called 'smart contracts' and have been the subject of major blockchain development since Ethereum (ETH) introduced them on an enormous scale in 2015.

Now, the problem is that much of the data required by [smart contracts to execute commands](/news/article/smart-contracts-blockchain) is not readily available on the blockchain. Blockchain technology does not allow for external data fetching either, as there is no ability built-in permitting smart contracts to connect with the external world.

Hence, real-world datasets such as enterprise systems, web data, Internet of Things (IoT) sensors, sports scores, and asset prices (and pizza delivery details!) are simply unavailable on decentralised ledgers. This deficiency severely impacts smart contract development.

However, there is a silver lining. This is where Chainlink comes into the picture (big time!). A software constituent called an 'oracle' can provide this data to the blockchain. The oracle mechanism, however, must possess the same reliability and security properties of the blockchain to avoid counterparty risk.

A single centralised oracle is a single point of failure - if the oracle fails to deliver accurate results or results at all, the entire smart contract is at risk.

Chainlink, with its decentralised oracle network, comes to the rescue. The Web3 services platform was built to allow smart contracts to automatically transfer data between blockchains and external systems securely and reliably.

A decentralised network of oracles gathers data from numerous sources, aggregates it, and delivers a validated, solitary data point to a smart contract, enabling the contract to execute a set of commands accurately. This eliminates the possibility of a single point of failure.

Furthermore, Chainlink provides several layers of security that extend the boundaries of decentralisation, thereby ensuring that users can trust the platform. [These features include](/news/article/chainlink-staking-to-boost-oracle-security):

•	Generalised architecture.

•	Data signing.

•	High-quality data.

•	Blockchain agnostic.

•	Service-level agreements.

•	Reputation systems.

•	Oracle and data privacy.

•	Advanced oracle computations.

You can think of a Chainlink oracle as a composable piece of architecture. In today’s blockchain sphere, interoperability is the need of the hour. Along with being blockchain agnostic, Chainlink oracles ensure a high level of composability. Here is what Stani Kulechov, CEO of Aave, had to say about the same:

“Part of composability is that you don’t have to build everything by yourself. Chainlink’s oracle is very good, and it’s part of this whole composability idea, it’s vital.”

High words of praise indeed. To put it into perspective, the company itself has outlined a massive [77 smart contract use cases](https://blog.chain.link/smart-contract-use-cases/) it enables, the primary ones being decentralised finance (DeFi), insurance, gaming, and traditional systems.

If it has not been made evident yet, technologies like Chainlink will play a massive role in shaping what the projected $1T+ global blockchain technology market is meant to be in years to come. 

That said, what role does LINK, the blockchain’s native cryptocurrency, have to play in the grand scheme of things?

## Can Chainlink reach $10,000 in 2023?

### LINK price prediction: basics of the cryptocurrency

LINK is an ERC-677 token (an extension of ERC-20), and it plays a crucial role in the ecosystem. The ecosystem is supported by many smart contract developers, security auditors, node operators, and data providers. Anyone can become a node operator on Chainlink.

LINK compensates these node operators for retrieving data from external data sources, converting it into a blockchain-readable format, off-chain data computation, and uptime guarantees. LINK first caught the public eye when it stormed to $52.7 in May 2021.

Of course, several keen investors had their eyes on the token long before that. According to [Coingecko data](https://www.coingecko.com/en/coins/chainlink), at the time of writing, the cryptocurrency's price is $8. The market cap of the crypto token is just over $3.93B, with a 24-hour trading volume of nearly $720M.

The crypto asset has a total supply of 1B tokens and a circulating supply of over 491M tokens. As mentioned, LINK reached an all-time high of 52.7 on 10 May, 2021, and an all-time low of $0.149 on 29 November, 2017. Let us see how the cryptocurrency has fared in the past 12 months.

![link.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/link_3a6a1a8187.png)
 
Source: [Coingecko](https://www.coingecko.com/en/coins/chainlink)

If we look at the above chart, 2022 was quite a rocky year for the digital asset (the same holds true for the entire industry!). After reaching the summit of $18.08 on 4 April, the cryptocurrency slumped to $6.58 on 13 May. That said, LINK has had a great start to 2023.

The crypto asset started the year at $5.57, and at the time of writing, it is at its highest yet (this year, of course), at $8.

## LINK price prediction 2023

It is near impossible to predict the price LINK could reach in 2023. That said, the signs are positive and the market is showing signs of recovery after a horrid end to 2022 [following the SBF saga](/news/article/sam-bankman-fried-bail-co-signers-revealed).

LINK has already crossed the $8 barrier. With the [Ethereum Shanghai Hard Fork](/news/article/ethereum-shanghai-upgrade) around the corner, we could see a push toward $10 very soon. Will LINK match its all-time high levels in 2023? Unlikely. But we may see LINK push towards $20, as it did in April 2022.

Anything is possible, and if macroeconomic conditions ease up and we head into a bull market (never say never), the sky's the limit. We advise you to trade wisely and follow market updates on a daily basis before making a long-term investment decision.

## Can Chainlink reach $10,000?

Okay, let us do the maths. At LINK's current supply of 491M tokens, for each token to be valued at $10,000 would mean that the cryptocurrency's market cap is a crazy $491B!
Impossible? No.

Likely? Probably not.

To put it into perspective, the world's most valuable crypto asset, Bitcoin (BTC), has a market cap of just over $460B at the time of writing. LINK is ranked 23rd on the list of crypto assets with the highest market cap.

LINK is more likely to hit the three-digit mark in the future than the five or even four-digit mark. Historically speaking, LINK seems to be a sound investment, as it does not abide by usual altcoin movements, meaning it is relatively less volatile than other cryptocurrencies. That said, DYOR at all times, and hope for the best.


Can Chainlink Reach $10,000?

Pulse X enables you to exchange crypto on PulseChain for one another. Bridges also let people trade currencies from other chains on Pulse X.

## What is the use of Pulse X crypto?

Liquidity providers receive fees every time consumers exchange from one currency to another on Pulse X. 

Users may connect their ERC20s and couple them with free PRC20s to provide liquidity and earn fees. [Pulse X](https://pulsex.com/) also supports the worth of the PRC20s they received for free.

To further Pulse X's performance, another token will be created to incentivize liquidity providers beyond the payments they presently get. They will obtain LP tokens when they become liquidity providers, which they may deposit into a yield farm. This unnamed token emits tokens with diminishing inflation over time. A DAO decides which trade pairs and at what rates receive this incentive. Only addresses having PLSX balances are eligible to vote in the [DAO](https://consensys.net/blog/blockchain-explained/what-is-a-dao-and-how-do-they-work/). 

## What is the goal of Pulse X Crypto?

Pulse X is a fork of [Uniswap](/news/article/uniswap-exchange-nft-aggregator) with PLSX liquidity provider incentives. Its purpose is to provide the greatest possible trading experience and yield farm for PulseChain users, emphasising incentivising ERC20 holders to bridge in and support the value of their free PRC20s.

Pulse X will charge consumers a 0.29% fee on each switch. [Sushiswap](/news/article/sushiswap-avax-relationship), Trader Joe's, Quickswap, and Uniswap all charge less. Liquidity Providers might get 76% of all trading fees. 21% can be spent on purchasing and burning PLSX, diminishing its availability. 0.01% of the value of a deal will be sent to an address for which you should have no expectations.

The "AMM ratio fixer bot" provides the initial liquidity for Pulse X. It captures almost 99.9% of currencies' liquidity from Uniswap, Suishiswap, and other prominent markets. Then, it recreates those pairings on Pulse X and adds the liquidity it has captured along with new PLS to make Pulse X the considerably most liquid exchange on PulseChain.

Users tend to go where the liquidity is the greatest since they seek the best bargains for their transactions. 

This generates volume. Because liquidity providers earn from the volume, they will most likely deposit on the exchange with the highest volume. It is difficult for new rivals to break through the critical mass of so much liquidity in one location.

Due to the low slippage, centralized liquidity provides consumers with the greatest pricing. That is, when they trade, the price moves against them less. It also implies that fewer arbitrage bots become wealthy by balancing prices from various liquidity sources. Pulse X has lower fees and the most liquidity on the PulseChain, and it only becomes rarer.

## How Sacrificers benefit from Pulse X crypto

Sacrificers can access their free PLSX when the PulseChain mainnet is released. During this period, everyone's Sacrifice is publicly available by checking the public balances of the Sacrifice addresses listed on each chain. This way, you'll know when to make another sacrifice to progress the rankings. Pulse X Sacrificers will receive a Volume Bonus Multiplier of up to 2.5x, much as the PulseChain Sacrifice.

Consider each Sacrifice Point growing legs, donning a shirt with his Sacrificer's address, and forming a long queue in front of an auditorium.

The Sacrificer with the most points lines up first. Next comes the second largest. They stream in, filling the rows from front to back. Let's say a person walks along the rows in their entered sequence, handing each person a card. After he's finished, they notice that the first card dealt is 2.5x. After that, every card he handed out was worth significantly less until he reached the far rear, where the last card was barely more than 1x. The distinction between each card is always the same.

All the points now rise and proceed to the changing room in the same sequence they entered the auditorium. The first point enters, and 2.5 points emerge, all sporting the same Sacrificer's address on their shirts. This process repeats until the Sacrificer's points receive the appropriate bonus. It's a linear bonding curve from 1x to 2.5x in math terms.

The coins of the top person took up the greatest area and were in the best location. The following guy's points took up the second most space and were in the second-best place, and so on. If someone increases their Sacrifice and overtakes someone before the finish, their Sacrifice Points fall down the bonus ranking. The worst rate will be from 21 to 25 February, with no changeable Volume Bonus. Instead, every Sacrifice made in the past five days will receive a 1.75x Bonus.


pulse x crypto logo on image of crypto exchange

Pulse X Crypto: What to Expect 

The Arbitrum Foundation has [announced](https://arbitrumfoundation.medium.com/arbitrum-the-next-phase-of-decentralization-e7f8b37b5226) that its new token, ARB, will be airdropped to community members on 23 March.
This crypto project is considered one of the most significant players in Ethereum's layer 2 scaling ecosystem. With the introduction of ARB, the foundation aims to establish itself as a decentralised autonomous organisation (DAO).

Arbitrum token holders will be empowered to vote in crucial decision-making processes governing Arbitrum One and Nova, which are networks that enable users to carry out transactions on the Ethereum [blockchain](/news/article/blockchain-use-cases) with reduced fees and increased speed.

The foundation also launched Arbitrum Orbit, a user-friendly and decentralised platform allowing developers to create their own layer 3 (L3) blockchains without permission. This platform is equipped with Arbitrum Stylus, which supports multiple programming languages, including C, C++, Rust, and Solidity, for building L3 chains.

## $ARB token distribution

There will be 10 billion $ARB tokens in circulation. Of these, 56% will be under the control of the community. Within this, 11.5% will be distributed to the community and 1.1% to DAOs that operate within the ecosystem. DAO will manage the distribution of the remaining community tokens through a treasury.

The remaining 44% of tokens will be owned by Offchain Labs, the company responsible for developing the network. The tokens allocated to investors and team members will be locked up for four years, with the first unlocking scheduled for after one year and periodic unlocking occurring throughout the following three years.

## Arbitrum token eligibility

Arbitrum Foundation and Offchain Labs collaborated with Nansen to create a set of eligibility criteria for an ARB token airdrop in the past few months. They established a point system based on different network usage metrics, which included users of both Arbitrum One and Nova.

Early users of Arbitrum One (before Nitro) received more points. Users with three or more points are qualified for the airdrop, but points were deducted from users who participated in Sybil-linked usage patterns. The [point system and eligibility criteria](https://docs.arbitrum.foundation/airdrop-eligibility-distribution) can be found.

For those wanting to be part of the network's governance without actively voting on-chain, delegation is a passive participation option.

The foundation introduced a second mechanism called DAO airdrops to extend token distribution to new and infrequent users.

Only projects built on this platform with DAO treasuries are eligible for this airdrop. The Protocol Guild, which represents [Ethereum's](/news/article/ethereum-prediction) core developers and contributors, was among the exceptions to the DAO airdrop.


Arbitrum Token: What to Expect 

It's one of the most widely known altcoins in the crypto market today, and, as many people know, it was one of the best price performers in the previous bull run. But just what is Chainlink, and is there potential for returns this time round?

The brainchild of Russian developer Sergey Nazarov, Chainlink describes itself as an 'industry standard Web3 services platform connecting the people, businesses, and data of today with the Web3 world of tomorrow'. In simple terms, this means Chainlink acts as a connector between real-world data, on-chain protocol, and other abstract blockchains.

The development of the Web3 space is a sight to behold. It is surely the infrastructure of the future. The technology, however, will be of no use if each blockchain exists in a walled garden. The technology underpinning Chainlink allows blockchains to talk to each other and manage data streams from the real world.

There's more about Chainlink and how it works in [our report](/news/article/chainlink-news).

## Real-world use

Chainlink's close association with DeFi is well documented. It has led many to speculate that this was the cause for the token's strong performance through the last bull run.

Core to protocol design is Chainlink's ability to allow users to become node operators and earn revenue by providing critical data infrastructure. These node operators help power a broad range of decentralised price feed oracles, which are critical in securing billions in value for the leading DeFi applications such as Aave, Compound, and Synthetix.

Facilitating DeFi data price feeds is just the beginning. The current Chainlink ecosystem has more than 1 billion data access points, securing in excess of $75 billion in value with over 1,000 integrations across 700 oracle networks. As you can see, Chainlink means serious crypto business.

Reaching far beyond the crypto world, the success of projects such as Chainlink is integral to the widespread adoption of blockchain-based solutions in the real world. Business relationships with mainstream brands such as AccuWeather, FedEx, and Associated Press show just how serious modern business is taking the advent of distributed technology networks.

Ex-Google Chairman Eric Schmidt has joined the project as a Technical Advisor and believes the project is perfectly poised to help speed worldwide crypto adoption stating, "Chainlink is a secret ingredient to unlocking the potential of smart contract platforms and revolutionizing business and society.”

## Chainlink price action

Managing the vast amount of data needed to populate blockchains and smart contracts are becoming an industry within itself. It is easy to see why Chainlink proved so popular through 2020 and 2021. With next to no competition, Chainlink price grew by 2,500% in little more than 18 months, from January 2020 to May 2021.

The native token of the Chainlink network is $LINK, which has a maximum supply of 1,000,000,000. However, the circulating supply is only 491,599,970, with a current price of $7.34, giving it a market cap of $3.7 billion.

Starting the year at $5.57, the Chainlink price grew steadily in the following weeks. This slow and steady increase has caught the eyes of many crypto investors looking for a predictable return on their investment.

Opinions vary, but it is commonly believed that the Chainlink price will be one of the strongest performers in the next bull run. Technical analyses are indicating bullish signs going forward, with predictions of $100 per coin by the end of the decade not uncommon.

It doesn't pay to get ahead of ourselves. So, let's look at some predictions for the rest of 2023. Popular crypto resource site [CryptonewsZ.com](https://www.cryptonewsz.com/forecast/chainlink-price-prediction/) suggests that the Chainlink price will hit $20 by the end of the year. Whatever happens, it is safe to say that $LINK is a good crypto buy if you want to position yourself for the next bull run.

Of course, there are other ways to profit from cryptocurrency besides trading and investing. One of these is staking. [Staking](https://blog.chain.link/how-to-stake-chainlink-link/) allows holders to participate in a Proof of Stake network by loaning their tokens to the network to run a validator node.

For this, stakers are rewarded with a share of the network fees. 

Staking is a low-risk way to earn passive income on your investment. With some networks offering rewards of more than 10%, it is easy to see why it is so popular.

For a deep dive into what staking is and how it works, [read our article](/news/article/what-is-staking-crypto).

## Conclusion

As you can see, $LINK is one of the more popular cryptocurrencies available on the market today, with high levels of anticipation about what Chainlink price can achieve in the next bull run. As can be imagined with any top 50 cryptocurrency, getting hold of the $LINK token is relatively easy. Binance and Coinbase prove to be the most popular source. While the long-term future may look bright for Chainlink, there is still some concern regarding the immediate outlook. Users of the popular crypto analytics website coinmarketcap.com see a price reduction by the end of April 2023.

What the future holds for Chainlink price, we just don't know. 

However, until comprehensive regulation and policy are implemented, the industry will continue to be victim to fraud and scams. So, the same advice must be heeded for this project as much as any other – always do your own research and conduct due diligence before investing in any form of cryptocurrency.


chainlink logo over image of chainlink fence

What does the future hold for the Chainlink price?

Radicle, commonly referred to as RAD, was launched in 2018 as a decentralised network for software development collaboration. Radicle was built on top of a Directed Acyclic Graph or DAG as a peer-to-peer or P2P network. Currently, Radicle offers a ton of features to users, including Ethereum integration, which comes with some amazing blockchain-based functionalities. As far as the RAD to GBP prices goes, it stands at £1.74 today.
What is RAD?

Made for computer programmers, [RAD is a platform](https://radicle.xyz/) that allows them to work on software projects together in a P2P network. However, where RAD stands out is with its accessibility. Anyone can use RAD without worrying about censorship. It is open source, comes with high security, and can be accessed even without the internet.

To elaborate, it does not require a Domain Name Service, or DNS, to function, and people can work on it even when they are offline.

Moreover, Radicle is a platform designed to facilitate collaboration between programmers without relying on centralized intermediaries. The team accomplishes this by utilizing open protocols that allow users to freely share coding projects without the need for permission from centralized code repositories, DNS hosting services, or proprietary collaboration platforms.

One of the key features of the Radicle platform is its community-driven governance mechanisms, which are partly controlled by the radicle token (RAD). The use of the ERC-20 tokenization standard ensures that users can participate in decision-making processes, and the platform can be self-governed by its community.

It is all of these features that make Radicle truly stand out and contribute to the RAD to GBP price hike. RAD is committed to empowering programmers and uplifting the community while eliminating the problem of centralized gatekeepers.

## Is RAD worth investing in?

As per a report written by CoinMarketCap, RAD currently has a ranking in the top 250 altcoins and is considered to be one of the most successful cryptos in the world. It is because of this that RAD has the interest of a lot of potential digital investors and remains steady even after the [market crash](/news/article/crypto-market-crashing).

Additionally, if users want to work using the platform, Radicle charges them a fee to use specific features or protocols. This is unless users are token holders or registered with the platform already. For token holders and registered users, the platform is completely free to use. Furthermore, people on the Ethereum network have control over the smart contracts and Radicle Treasury. 

The Radicle Treasury holds more than 50% of the total token supply, and it's controlled by Radicle Token holders through the Radicle DAO.

Encouraging token holders to hold onto their tokens can create a new way of operating, where the community owns the virtual open-source network and benefits from shared decision-making. Additionally, if users are unhappy with the network, they can voice their concerns or sell their tokens on the marketplace to leave the network.

These are all the reasons why the RAD to GBP price has not only remained steady, but is expected to go up in the long run.

## RAD price last month
 
Last month, the RAD to GBP price had increased by a whopping 4.48% and was predicted to rise even more in the coming days.

The RAD volume stood at £6,329,123. The currency's market cap was valued at £84,622,949, a 3.62% over a day. The fully diluted market cap of the coin is £173,302,554, also a 3.62% increase.

Experts say this is a good time to get your hands on the coin as it has a circulating supply of 48,829,112 and a maximum supply of 99,999,620. The RAD price is expected to stay consistent.


RAD to GBP Trading and Price 

Before we look at the 2025 price prediction for the Ankr crypto token, let's take a look at its history.

Coming onto the crypto scene in 2017, Ankr is a platform made at the University of California Berkley by co-founders Chandler Song and Ryan Fang. Ankr is one of the few blockchain projects seeking to create its own decentralized platform for the next and newer generation of businesses. Ankr's price has always been interesting, considering the mission of the platform and the service it is set to provide.

When Ankr first came into play on 13 March, 2020, it was valued at £0.00059 and has since increased by a whopping 6,000% over just two years. As far as the ANKR price prediction 2025, with the advancement in crypto technology, it is bound to go up.

This is because the technology Ankr wants to provide will make it easier for businesses and all users looking to trade their crypto, use cloud computing, etc. Initially, it was developed as a sophisticated network for distributed cloud computing with the aim of utilizing untapped resources on the internet to provide more effective cloud services. However, over time it has grown to provide a wide range of blockchain services.

## How does Ankr work?

Ankr was created with the idea of building a new type of internet that uses distributed ledger technology. This new internet aims to be more secure and private for its users by using decentralized applications, protocols, and systems. The ambition is to eliminate the need for middlemen and central authorities so that users and network participants can have full control over their data and applications.

After the Ankr mainnet was launched in 2019, the project team developed a staking protocol called Stkr. This protocol enables users to stake their [Ethereum (ETH)](/news/article/ethereum-price-in-uk) and receive aETH in exchange, representing their potential earnings on the staked balance. This is a way to reward network participants who use the Stkr protocol for staking. Additionally, users can set up development nodes, develop decentralized applications (DApps) on the network, or create staking nodes to take advantage of the benefits of being a staker on the [Ankr Web3 platform](https://www.ankr.com/).

Currently, Ankr uses cloud computing power [backed by the DLT](https://www.investopedia.com/terms/d/distributed-ledger-technology-dlt.asp) to collect relevant data and resources that are then given to stakers and developers through data centres at affordable prices. Developers and stakers can use this to easily make and deploy DApps and stake their balances.

Ankr is a platform that offers distributed networks of blockchain nodes that aid in cross-chain development access. It has played a key role in developing Web 3.0, providing users with reliable and precise communication and integration capabilities. Ankr's one-click node deployment, API services, and access to 40 of the largest blockchains are its biggest contributing factors in the crypto community at the moment. This is another reason why Ankr crypto price prediction says that, in the long run, it is set to sore to new heights.

Additionally, the Ankr network employs the Proof-of-Useful-Work Consensus (PoUW) protocol, which can achieve high-security standards while consuming low energy. The PoUW approach provides a promising opportunity for harnessing idle computing power globally, incentivizing each participant with calculation rewards and additional rewards for creating blocks. With a resource-efficient blockchain that utilizes distributed cloud computing, the Ankr platform presents a convenient infrastructure for businesses. It has the potential to resolve many of the issues currently faced by Bitcoin's network.

## How is Ankr different?

Like many of its competitors, Ankr's goal is also to decentralize the internet and contribute to advancing Web3 technology. However, it is notably more prominent in the field than any of its alternatives currently. Ankr is a one-of-a-kind project that promotes the growth of a decentralized, more secure, and private internet. One of the distinctive features of Ankr is its utilization of Intel SGX, a critical technology that enables the hardware-based execution of DApps. This approach results in cost-effective solutions for both developers and businesses.

Ankr also provides diverse practical options for developers, stakers, and other network participants, making it an appealing choice for many.

## Ankr crypto price prediction: Is it valuable?

Since Ankr is part of a market that is considered volatile, its value is bound to fluctuate. However, even after being part of this market, Ankr has shown tremendous growth since its launch and even received a [huge investment from Binance](/news/article/ankr-investment-from-binance), one of the world's most popular cryptocurrency trading platforms.

The price of ANKR tokens is determined by various factors, such as the limited supply of 10 billion tokens, which prevents inflation. Market conditions and trends, like the significant rise in cryptocurrency value in Q1 2021, can also impact ANKR's price. The release of new developments, updates, and upgrades, like the Stkr staking protocol and ANKR mainnet, can also affect ANKR's market price as these features are predicted to increase Ankr's value. The ultimate value of ANKR is mostly based on its technology, technical capabilities, and use cases, which at this point, are still in the early stages. However, Ankr continues to enjoy the support of multiple businesses and organizations and remains one of the best platforms to conduct business and trade securely.

## Market analysis for Ankr
 
Currently, Ankr is valued at £0.02227. The average price level of ANKR is relatively low, which makes it a viable option for novice investors. Starting from an all-time low of approximately £0.00051, ANKR rose to an all-time high of £0.16, with a significant market cap of £211,523,208.

In August 2021, ANKR's value increased, but a major sell-off on 7 September, 2021, caused the ANKR price to drop from £0.09 to a minimum of £0.06, reversing the bullish cycle and breaking supports. Short-term analysis indicates that ANKR has tested a support level of £0.01 and is attempting to regain momentum.

In February, Ankr saw a significant rise in prices peaking at £0.42 on 22 February, 2023, and has been at a consistent graph since then.

## Ankr crypto price prediction 2025

To get to the Ankr crypto price prediction 2025, let's go over a detailed look at 2023 and 2024 first.

## Ankr crypto price prediction 2023

In 2023, Ankr is expected to make a fresh move, with the token forecasted to reach £0.039. A long-term logarithmic chart shows that by 2024, Ankr will have wide acceptance and that investing and trading in Ankr will be easier with the wide circulation of ANKR tokens in the market. So, according to Ankr's predictions, the highest price may reach £0.046 in the year 2023. So far, Ankr has already seemed to stay true to its prediction by reaching the estimated price in early 2023. The chart is currently on an upwards trend, so there is a good possibility that Ankr will increase its predicted values.

## Ankr crypto price prediction 2024

If the price of Ankr goes above the £0.0348 level, it could be a significant breakthrough, potentially leading to an increase in Ankr's value, according to Ankr enthusiasts and price predictions based on a logarithmic chart. The chart suggests that the highest price of Ankr could reach £0.0496 by 2024. Again, the token seems to have left the chart behind since it has already almost reached its predicted price for 2024 in 2023.

## Ankr crypto price prediction 2025

As per the technical analysis conducted by cryptocurrency experts, Ankr is anticipated to have a trading range of £0.068 to £0.080 in 2025, with a projected average trading price of £0.074. These estimates suggest that Ankr's value will continue to rise steadily over coming years. This information comes from the Changelly team. You can find more details on Ankr's projected prices in 2025 by visiting their website.

## Conclusion

Ankr is a promising cryptocurrency with a unique approach to blockchain technology that sets it apart from other projects. While the cryptocurrency market can be volatile and unpredictable, many experts believe Ankr has a bright future. Based on technical analysis and market trends, the Ankr crypto price prediction 2025 suggests a positive outlook with a minimum price of £0.0693 and a maximum price of £0.0809. Investors should do their own research and consider various factors before making any investment decisions. That said, Ankr is definitely a cryptocurrency worth watching in the coming years.

So far, Ankr has either exceeded or stayed on track with its predictions. Currently, the graph remains consistent and is projected to double in value by 2025. However, considering how volatile the crypto market is, these predictions are always subject to change.


green image of ankr logo on pile of altcoins

Ankr Crypto Price Prediction for 2025 

On Friday, USDC stablecoin de-pegged from its intended $1 price after [Silicon Valley Bank](/news/article/silicon-valley-bank-uk-to-be-bought-by-hsbc) (SVB) was closed by regulators. In a [blog post](https://www.circle.com/blog/an-update-on-usdc-and-silicon-valley-bank), Circle said it would use its corporate resources and external capital, if required, to back USDC.

Circle had been holding $3.3 billion in USDC cash reserve at the Silicon Valley bank when the FDIC seized the bank's assets on Friday.

The company stated that it had attempted to transfer its assets before the bank's collapse and that the transaction could settle on Monday when US banks would resume normal operations.

However, Circle acknowledged the possibility that SVB might not return 100% of its assets, and it may take some time for any return, as the FDIC issues IOUs and advanced dividends to deposit holders.

According to Coingecko, the USDC price fell as low as $0.88 before rebounding to $0.97 after the announcement.

## DEX witnessed ATH in trading volumes

As a result of USDC price de-pegging from $1, crypto firms such as Binance, [Crypto.com](/news/article/crypto.com-ceo-past-includes-bankruptcy), Coinbase, and Bitpay paused USDC transactions and auto conversions. However, despite crypto companies halting transactions, the stablecoin accounted for 29% of the $90.70B global crypto trades.

Over the weekend, decentralized exchanges (DEX) [Uniswap and Curve witnessed a surge in trading volumes](https://www.coindesk.com/markets/2023/03/13/usdc-trading-dominates-record-day-for-defi-exchanges-uniswap-curve/), hitting all-time highs, as traders rushed to exchange their token holdings, particularly USD coin, with other tokens.

Uniswap processed nearly $12 billion in trading volume over 24 hours from Saturday to Sunday.

According to Dune Analytics data, USDC pools for wrapped Ether (WETH), Tether (USDT), and Dai (DAI) generated $15 billion in volume over seven days. The majority of this occurred from Friday to Sunday, generating over $8 million in fees for the Uniswap protocol, adding to Uniswap Labs' revenue, with a smaller percentage paid to liquidity providers.

Furthermore, stablecoin swapping tool Curve recorded almost $8 billion in trading volume, with one of its popular pools being imbalanced due to the rush of traders exchanging USDC for other tokens.


USDC Price De-pegged Below $1 