The cryptocurrency market has witnessed the emergence of various blockchain-based solutions that are disrupting traditional industries in recent years. One such project that has gained considerable attention in the crypto sphere is VeChain's VET coin, built on the [VeChain blockchain](https://www.vechain.org/). 

The VeChain blockchain was launched in 2017, primarily focusing on supply chain management. Over the years, the project's ecosystem has evolved, and it now provides a platform for various businesses to nurture sustainability. 

Here, we will delve into the role of VET coin in the VeChain ecosystem, how it works, and the market outlook. 

## Blockchain and sustainability  

Blockchain technology can have a significant impact on sustainability efforts in various industries. Its decentralised and transparent nature enables more efficient tracking of resources, supply chains, and carbon emissions. Accordingly, an increasing number of projects are introducing blockchain solutions to achieve sustainability goals. 

Blockchain systems can contribute to sustainability in many ways. The most common application is tracing carbon credits, which can help businesses reduce their carbon footprints. Another way is to trace the journey of sustainable products. In addition, blockchains can improve waste management systems and supply chains and even facilitate trading renewable energy. 

Now, let's talk about what VeChain is and how it is working to foster sustainability. 

## What is the Vechain blockchain? 

[Cryptocurrencies often raise environmental concerns](/news/article/environmental-cryptocurrency-concerns), but VeChain is here to prove otherwise. It's a trustworthy distributed platform that offers businesses a solution for ensuring an accountable data flow and providing high-speed transactions. The blockchain was released in 2017 and has since presented three whitepapers. 

According to its first whitepaper, the platform focused on providing supply chain management solutions to businesses. However, the recently presented whitepaper suggests that the platform is evolving into an L1 blockchain that will offer environment-preserving solutions. 

VeChain is a diverse network that has introduced two native tokens: VeChainThor (VTHO) and VeChain Tokens. The first is used for gas or payment transfers, while the second is the utility token used to transfer value. The platform uses a two-token model to mitigate volatility and maintain stability in its ecosystem. 

Leveraging VeChain's environment, businesses can develop decentralised apps (DApps) according to their needs. They can use the blockchain as a platform to store and track service or product information securely. Additionally, it allows customers to track the authenticity of sustainable products. 

## How is Vechain building the blockchain biosphere? 

Vechain is a distributed ledger that is constantly evolving to help enterprises adopt blockchain technology for sustainability. The blockchain offers flexibility, a sustainable economic model, and transparent governance to maintain efficiency and transparency.  

The blockchain introduces a two-token model, which makes it dependable. Besides, there is a Proof of Authority (PoA) consensus method for the blockchain's governance. This consensus mechanism has a set number of verifiers, which improves its energy consumption. It makes the network highly secure and speeds up transactions.  

In late 2022, the network also went through an update that upgraded the PoA to PoA 2.0. There were three main additions to the network, including absolute finality, reduction in risks of disruption, and enhanced efficiency for faster transactions. 

The network's layer 1 blockchain is VechainThor which allows enterprise adoption. It provides an energy-efficient environment, open source, and user-friendly. The chain, along with the PoA 2.0. makes the network scalable, secure, and eco-friendly.  

In addition, the network is designed in a way that it can integrate all Internet of Things (IoT) technologies. It makes the Vechain ecosystem capable of resolving issues like storing large amounts of data. This power allows enterprises from various domains like medical, energy, supply chain, finance, and others to move towards digitised ecosystems.  

Vechain can provide a backbone for enterprises looking to build sustainable products. With its trustless smart contract and the ability to incorporate IoT, Vechain can help enterprises blend the physical world with the digital one, a phenomenon known as "phygital". 

## Features of Vechain 

Here are some of the prominent features of the Vechain network: 

1. Integration with the IoT 

A prominent feature of the Vechain blockchain is its ability to integrate with IoT devices. It can help collect and track data from various devices using IoT technology. 

This power of the VET blockchain makes it suitable for a range of domains, especially healthcare and supply chains. It can help integrate smart contract technology into devices and bring trustless automation. Moreover, you can create an incentivised ecosystem that streamlines all the devices within a network. 

2. An economy based on a dual-token model 

The Vechain network also introduces a dual token ecosystem that depends on VET and VTHO coins. This type of economy is introduced to make the network stable and tackle volatility. Besides, it also allows the network to cut down its energy consumption. 

The two tokens have specific roles in the ecosystem: the VET token covers the utility requirements, and the VechainTHOR token is used for gas costs. This type of model is more efficient than most prevalent single-token models. 

3. PoA consensus mechanism 

The platform uses the PoA consensus mechanism to secure the network and to add new blocks to the chain. It is a version of the Proof of Stake (PoS) mechanism that secures the system by staking tokens. However, the difference here is that PoA has designated verifiers in the network, and they can use their identity to validate transactions. 

Vechain is among the most popular blockchains that use the PoA consensus method. Other noteworthy blockchains that use the method are [Bitgert](/news/article/bitgert-price-prediction), Xodex, and Palm Network. 

4. Supports sustainability 

Another unique feature of the Vechain network is that it is designed to support sustainable projects. Although it started as a platform for supply chain management, it has evolved into a complete ecosystem that can support environment-friendly businesses. 

The platform can work as a hub for different use cases of blockchain tech for sustainability. It is working in alliance with numerous enterprises to develop a biosphere. 

5. Energy efficient  

The Vechain network is one of the most eco-friendly projects in the crypto market. It also makes claims that it is the most energy-efficient blockchain, consuming only 0.04% of the energy other blockchains consume. 

According to the 2022 carbon footprint data Vechain shared, the blockchain consumed 4.46 t CO2e/year. This amounts to only the carbon emissions of a gasoline-powered vehicle. That's why the blockchain is not only fast and scalable, but also remains environmentally friendly. 

## VET coin price and tokenomics 

The Vechain network has introduced two distinct coins, but in this article, we will solely focus on the VET coin. 

VET is the utility token that powers the platform's ecosystem and pays for transactions on the network. 

The VET tokenomics aim to create a self-sustaining ecosystem where VET holders are incentivised to hold and use VET in the Vechain ecosystem. VTHO generation incentivises VET holders to use the network. This model ensures the long-term viability and growth of the Vechain platform.  

Currently, the total supply of VET coins is capped at 86,712,634,466 tokens, with approximately 64% of the total supply in circulation. The coin holds the 38th rank among all cryptocurrencies, with a market cap of $1,656,457,551 and a trading volume of $48,911,786 in the past 24 hours. 

Moreover, as per [CoinMarketCap](https://coinmarketcap.com/currencies/vechain/), the VET coin currently trades at around $0.0228. At time of writing, the coin's price is down by around 2%. 

In 2021, the VET coin recorded its all-time highest value at around $0.2782. Since then, the token's price has dropped by 91.84%. However, the coin's lowest value was recorded at $0.001678 in 2020. 

## VET coin price prediction 

The current trend indicates that the 50-day SMA (Simple Moving Average) for the VET coin is at $0.0214, while the 200-day SMA is $0.0220. Additionally, the coin’s 14-day RSI (Relative Strength Index) stands at 42.46. Based on this data, VET is expected to maintain a similar price in the near future.  

However, according to price predictions from [CoinCodex.com](https://coincodex.com/crypto/vechain-token/price-prediction/), bearish sentiments are expected for the next five days. While the market's fear and greed index indicates neutrality, a price drop of more than 5% may be anticipated. The asset’s volatility is expected to be 4.59% for the next 30 days. 

Disclaimer: Please note that cryptocurrency price predictions are not certain and should be cautiously taken. These predictions are based on various market factors and should not be considered investment advice. 

## Long-term price predictions for VET Coin 

Let’s take a look at the price forecast for the years 2023, 2025, and 2030.  

Price predictions from PricePrediction.net  

According to [PricePrediction.net](https://priceprediction.net/en/price-prediction/vechain)’s Vechain price prediction, the VET coin price in 2023 is expected to average at $0.031. The highest predicted value for the token is $0.036, and the lowest is expected to be $0.030.  

Looking ahead to Vechain’s price prediction for 2025, the coin’s price is expected to grow steadily. The prediction suggests that the VET coin will average around $0.064 and may reach a maximum value of $0.078. The coin’s minimum price in 2025 is expected to be $0.062.  

PricePrediction.net’s data also shows predictions until 2030. The prediction indicates that the coin will eliminate a decimal in 2027 and may reach up to $0.41 by 2030. The price may also hit the $0.5 mark, while the lowest will be $0.40. 

### Price predictions from DigitalCoinPrice   

The price predictions from DigitalCoinPrice are similar to those of PricePrediction.net, with a forecast of sluggish progress for the VET coin in the coming years. 

The token's price is expected to reach a maximum of $0.048 in 2023, with an average trading price of $0.0461. 

Looking ahead to 2025, the Vechain price prediction suggests that the token will be valued at around $0.078, with a maximum value of $0.0794 and a minimum value of approximately $0.064. Additionally, 2030 predictions indicate that the VET coin will be floating in the market at around $0.23. 

It is important to understand the factors involved in making these predictions. [Price predictions ](/news/article/cryptocurrency-news-predictions)are usually based on technical analysis, which involves studying a particular cryptocurrency's historical price movement, trading volume, and market trends. Other factors affecting the price include [global economic](/news/article/cryptocurrency-and-the-economy) and political events, [government regulations](/news/article/crypto-regulations), and market sentiments. Investors should remember that price predictions are speculative and not guaranteed. You should always conduct your research and analysis before making investment decisions. 

## Where can I buy the Vechain (VET) coin? 

VET and VTHO coins are available on most popular crypto exchanges, including Huobi Global, Binance, and several other notable exchanges. You have numerous options for trading VET coins, as it’s available in trading pairs with cryptocurrencies, fiat currencies, or stablecoins. 

## Is VET coin a good investment? 

As with any other crypto project, the [value of VET coin](/news/article/vechain-news) will depend on how the network progresses in the coming years. The technology and vision behind the Vechain network are novel and have the potential to transform industries. Furthermore, it can support the efforts of projects working to preserve the environment. 

The network offers various use cases in healthcare, IT, supply chain, and other domains. It currently collaborates with top companies such as [PwC](https://www.pwc.com.pk/en/), [BMW](https://www.bmw.com/en/index.html), [Walmart China](https://corporate.walmart.com/our-story/our-business/international/walmart-china), [Haire](https://www.haier.com/pk/), [DHL](https://www.dhl.com/global-en/home.html?locale=true), and many others. VET’s price may rise if its ecosystem continues to attract other large enterprises and successfully creates a blockchain biosphere. 

However, if you're looking to invest for immediate returns, it may not be the ideal choice. If you believe in the project's sustainability vision, then it would be prudent to consider it for long-term investments. 

In any case, you should conduct your own research by tracking market trends and conducting a thorough analysis of the project. 

All you need to know about Vechain’s VET coin 

## Terra Luna Classic price prediction: Will it rise? 

Before turning to the Luna Classic price prediction, let's explain what LUNC is and where it came from. 

Luna Classic became the first token native to the Terra blockchain in August 2018. It operates on the original Terra ecosystem code, unlike the new Terra (LUNA) chain. The primary purpose was to address the price fluctuations of the algorithmic stablecoin, UST. 

The UST stablecoin used minting and burning Luna tokens to balance supply and demand to maintain its peg to the US dollar. However, in May 2022, UST lost its peg and collapsed. The UST stablecoin algorithm created trillions of LUNA tokens, resulting in hyperinflation and a 99% reduction in the value of the original LUNA token. 

## Current price and tokenomics 

At the time of writing, the price of Terra Classic is $0.000125, and it has a 24-hour trading volume of $40,468,398, with $40,395,243 worth of trading volume on centralised exchanges and $77,346 on decentralised exchanges. It has a current [CoinMarketCap ranking](https://coinmarketcap.com/currencies/terra-luna/) of #69, with a live market cap of $742,058,227. The circulating supply is 5,897,710,996,320; the maximum supply is not currently available. Additionally, the fully diluted market cap is $862,645,196. 

## LUNA vs. LUNC: What's the difference? 

Do Kwon and Daniel Shin launched the original Terra blockchain in January 2018. LUNA was introduced through an ICO in early 2019. The blockchain was a great success and soon became one of the top 10 cryptocurrencies by market capitalisation. However, in May 2022, the stablecoin [TerraUSD ](/news/article/terra-usd)(UST) lost its USD peg and crashed with its sister token, Luna, causing a widespread cryptocurrency market downturn. 

To revive the Terra blockchain, Do Kwon proposed a recovery plan that involved a hard fork in creating two separate chains, with the new chain not having any stablecoin. The validators approved the plan on 25 May, 2022, and Terra 2.0 was launched on 28 May. LUNA is the native token of Terra 2.0, while the original Terra blockchain was rebranded as Terra Classic, and its native token was renamed Luna Classic. 

The staking tokens for governance on their respective chains are LUNC and LUNA. However, LUNC has an additional function of maintaining the price stability of its algorithmic stablecoin, Terra (UST), using the protocol's algorithmic market module. In cases where the price of UST rises or falls beyond a certain threshold, the module encourages the burning of UST to produce LUNC or the reverse. As a result, this process aids in reducing price volatility and maintaining stability. 

LUNC serves as an arbitrage mechanism for the Terra algorithmic stablecoin, which sets it apart from LUNA since the latter is not associated with any algorithmic stablecoin. 

## Is there a future for Luna Classic? 

As Do Kwon and his team focus on developing Terra 2, the community will be responsible for running the former network. This raises questions about the future practicality and usefulness of the former token. To address the issue of over-minting, the community has implemented a 1.2% burn tax on all LUNC transactions, including buying and selling. This effort could reverse the damage caused by over-minting by reducing the supply from 6.5 trillion to 10 billion tokens. 

The burn tax destroys 1.2% of all LUNC tokens exchanged during a transaction. While this mechanism aims to decrease the supply, there may also be a corresponding rise in demand in the future. 

The recent support from major exchanges such as Binance and KuCoin for the proposed LUNC token burn has sparked optimism for its future. This positive development may inspire other exchanges to follow suit and support the community's efforts to recover from previous setbacks. Furthermore, sustained support from these exchanges could boost trading volumes and sustain a bullish trend for LUNC in the coming months. 

## Luna Classic price prediction 

Following its rebranding, the price of [Terra Classic](/news/article/luna-classic-news-future) remained low at $0.0001 for several months, which was not surprising given the bearish market for cryptocurrencies. However, LUNC experienced a rally after its tax burn proposal was approved and implemented on 21 September, 2022. This tax involves burning 1.2% of each transaction on the blockchain, which should reduce the supply of LUNC and increase its demand. 

Binance's announcement on 26 September, 2022, that it would burn all trading fees on LUNC spot and margin trading pairs caused Luna Classic to rally even further. Within a few hours, the price of LUNC increased by over 60%, rising from $0.00018 to $0.0003. 

Despite the token's history of implosion, many crypto experts have become relatively bullish about the Luna Classic price prediction due to recent developments. [DigitalCoinPrice](https://digitalcoinprice.com/forecast/terra-luna) predicts that LUNC's price will rise over the next five years, reaching around $0.0012 by 2025. They anticipate the price to stay the same over the next decade. WalletInvestor also forecasts that the cost [will exceed $0.0026](https://walletinvestor.com/forecast/terra-classic-2-prediction-data/5) by 2027. 

[AMB crypto's analysis](https://ambcrypto.com/predictions/terra-luna-price-prediction) has projected the price ranges and average prices of Terra Luna Classic (LUNC) for the next decade, covering data from 2023 to 2034. According to them, the expected Luna Classic price prediction range will be between $0.17 to $0.26, with an average price of $0.22 in 2023. And, by 2025, the cost would fluctuate from $0.00037 to $0.00025. 

By the end of the decade, they expect the price of LUNC will reach between $0.0014 and $0.00093. And by 2034, the price is expected to rise to $0.004, and the yearly bottom could be at $0.0026. 

## What are the potential risks of investing in Luna Classic? 

It cannot be denied that [the crash](/news/article/terra-luna-collapse) of the original Terra blockchain in May 2022 shook the confidence of many investors and crypto enthusiasts. They quickly labelled Do Kwon a fraudster and doubted the possibility of Terra making a comeback. 

Despite this, the Terra Classic blockchain has shown promise since the fork. The coin gained traction after Binance announced the LUNC tax burn on transactions, which indicates a potential increase in the value of Luna Classic in the years to come. 

However, INTERPOL has reportedly requested law enforcement agencies worldwide to locate and apprehend Do Kwon. Terraform Labs, the development firm behind Terra, is accused of running a Ponzi scheme. Therefore, it is difficult to determine if LUNC will genuinely rise from the ashes or ultimately crash and burn. 

While some argue that a strong community on Twitter is expressing their support for the project, it may not be wise for investors to invest in LUNC, given that [Do Kwon](/news/article/do-kwon-red-notice) and his team are reportedly working on Terra 2.0. 

There are numerous upcoming projects in the crypto space with promising technology and strong teams that are genuinely addressing critical issues. Thus, instead of holding onto a project that has failed and been abandoned by its team, it may be more prudent for retail investors to conduct research and identify promising projects of the future to invest in. 

green image of woman trading cryptocurrency on a computer with Terra Luna logo overlayed

Terra Luna Classic Price Prediction

## 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

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? 

Is it possible to make a Fantom crypto price prediction for 2025? This article takes a look.

The [Fantom project](/news/article/fantom-gbp) was launched as a scalable blockchain network capable of supporting various decentralized applications (DApps), enterprise blockchain applications, and decentralized finance (DeFi) projects. One of the issues that Bitcoin and some of the earlier tokens had was the inability of validators to process and confirm transactions speedily. Fantom solves this issue using the DAG-based consensus algorithm that allows lightning-fast transaction speeds even with the heaviest transaction volumes.

The Fantom token (FTM) quickly became one of the highly sought-after tokens when it was listed on significant exchanges in March 2021. By August 2021, it began a three-month meteoric rise to a high of $3.48.

Then came the Omicron variant of COVID-19 in November 2021. Fantom took a heavy tumble along with the rest of the crypto market, falling to as low as 19 cents in December 2022.

Since that near appointment with the July 2021 all-time low of 15 cents, Fantom's pairing with Tether has risen 160%. But even at that, the price remains below 50 cents, a mere 14% of its August 2021 all-time high.

For a project which has vastly expanded its ecosystem and has been snapping up partnerships with several companies operating in the DeFi space, its current price of 45 cents looks like a steal. While putting a price tag on the 2025 price of the FTM/USDT pair is not realistic, it is hard to see the FTM token remaining at 45 cents until that time.

## Fantom's product base

Fantom has an extensive product base that cuts across several blockchain ecosystems. With more than 300 DApps and more to come, Fantom has the fundamentals of a blockchain product with use cases already working in the marketplace.

Here are some of the applications in partnership with or integrated into Fantom:

1.	DEXs: Fantom provides the functional backbone of several decentralized exchanges. Curve Finance, 1inch, SpiritSwap, OpenOcean, Sushi, Solidly, and OrionTerminal are just a few decentralized exchanges currently running on the Fantom blockchain.

2.	NFT platforms: Fantom also powers NFT platforms such as PaintSwap, NFTKEY, Opera House, and Artion.

3.	Cross-chain bridges: REN, Multichain, SpiritSwap, and SpookySwap are cross-chain bridges where Fantom forms a powerful component.

4.	Lending and borrowing platforms: Fantom also features prominently on lending/borrowing platforms such as Geist, Alpaca Finance, Homora V2, and Qidao.

5.	GameFi: Several blockchain gaming networks, such as Metaland, Raiders, Fantom Survivor, and PocketPals, are built on the Fantom network.

## Fantom crypto price prediction 2025

One factor that will determine the Fantom crypto price prediction for 2025 is the ability of Bitcoin to make a move to recover its 2021 highs. 2025 is two years away. This provides for a long-term outlook for the FTM token.

Fantom has, over time, shown a high positive correlation to Bitcoin, and in the last two years, its price moves have followed that of Bitcoin. For instance, the uptick in Bitcoin prices in January 2023 was also seen in Fantom. February's slight pullback on Bitcoin was also reflected in Fantom's price.

When Mt.Gox collapsed in 2014, nearly everyone believed that the long-awaited demise of Bitcoin had finally arrived. But Bitcoin has not only survived, but it has thrived. Indeed, the crypto market has pulled through at least two severe market downturns.

Markets operate in cycles and tend to follow established chart patterns. To understand how markets work, we need to take a lesson from the Dow Theory of price action, which explains why the financial markets behave the way they do.

The Dow Theory describes three trends: primary, or major, secondary, and minor. Each trend type is formed by the one below it. In other words, the minor trends comprise the secondary trends, which combine to form the primary trend.

Each major trend has three phases:

•	accumulation.

•	public participation.

•	panic/distribution.

The accumulation stage is when the institutional players acquire the token in large numbers. This is usually a quiet event and not in the public glare. In the crypto market, some websites track the movement of cryptocurrencies from the institutional/high net-worth traders, the so-called whales.

One of these is WhaleAlert, which details the net inflows/outflows of cryptocurrencies between wallets and exchanges. Typically, accumulation is marked by a net inflow of stablecoins, such as
Tether, into exchanges, which are used to purchase Bitcoin, Ethereum, Fantom, and other coins in large numbers. These are then sent to non-custodial secure wallets, manifesting as exchange outflows. Sadly, many people who will later jump into the market at the other two stages do not have this information.

After accumulation reaches a tipping point, the asset's price will rise, triggering the public participation phase. By this time, the public has become aware of the latest "hot" token and started to buy into the upside move. Most of the time, the purchases are done to go with the flow and do not come with any prior research to guide the purchase.

Some public participants will be lucky to profit from the move, but most will not because they keep carrying their assets to the next stage.

The stage of distribution is when the major players who accumulated earlier start offloading their holdings. The attendant price reversal usually catches out many who entered the move at the public participation stage. The steep drop in price generates panic among them, and they start to sell massively, usually at a loss.

As they sell, the assets' supply keeps rising, and prices keep falling on the back of dwindling demand. Usually, the accumulators would already have sold off and are waiting in the wings for prices to become cheap once more to resume their accumulation.

Every financial market showcases these phases. If you look at the price action of the crypto market from 2015 to date, you will see the three phases in the price action.

![ftm1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ftm1_1bdf9883f9.png)
 
BTC/USD chart: 2015 to date

Now, look at the chart of Fantom from its March 2021 launch to date. At what stage do you see the market now, considering that the last accumulation phase occurred just below the current market price? We leave that to you to decide.

![ftm2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ftm2_c1a9de2d27.png)
 
FTM/USDT chart: 2021 to date

Now here is a caveat: there is no single price level that is suitable for accumulation. Most institutional players do not buy all their tokens at once or at a single price point. Their portfolios are made up of purchases made at various times and also done using techniques such as [dollar-cost-averaging](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwj3ssPA_bv9AhXBhP0HHdl9A1gQFnoECBkQAQ&url=https%3A%2F%2Fwww.investopedia.com%2Fterms%2Fd%2Fdollarcostaveraging.asp&usg=AOvVaw2Yhbe1Jj-357NrAA5gByik) to reduce the unit cost of purchasing their tokens. So even though the price of Fantom is at 45 cents, some will buy at 50 cents and later buy at 21 cents. The most crucial point is that the accumulation occurs at a specific price range close to previous lows for the asset in question.

## Technical analysis of the FTM/USDT pair

The technical analysis of the Fantom token's pairing with the Tether stablecoin (which represents the US dollar) will look at the long-term picture of this pair. The time frame that reflects the long-term outlook is the monthly chart. However, we have shown the daily chart as it shows the key price levels better.

![ftm3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ftm3_7a753d65ef.png)
 
FTM/USDT (daily chart)

The price action formed a double top, indicating that the uptrend stalled in November 2021. Following this topping pattern, the price broke below the dip between the tops (neckline) and continued to drop until it formed a bottom at the $0.180452 price mark. In technical analysis, the distance between the neckline and the top is about the same as the neckline to the bottom. If you had followed this perspective and bought into the low of December 2022, you probably would have seen your capital grow by 160%.

Fantom's price hit a high of $0.658, the site of a previous high formed in May 2022. Having hit this level, the FTM/USDT pair could not continue the climb, as its correlated asset Bitcoin had hit a roadblock close to the $25,000 price mark.

It is not humanly possible, nor is it advisable, to start making specific price projections two years in advance. However, we can use previous highs and lows to derive potential support/resistance targets that lie ahead when the price starts to recover.

Here is a hint: the Omicron variant's emergence was behind the drop in crypto prices in November 2021. However, a new factor took over in mid-2022, and that was the start of the interest rate hiking cycle by the US Federal Reserve. The rise in interest rates made USD-denominated assets attractive, to the detriment of risky assets such as emerging market currencies, stocks, and cryptocurrencies. If the Fed stopped hiking interest rates, USD-denominated assets, such as the Tether stablecoin, would be unattractive and bring the appeal back to risky assets. You may use any signal by the Fed that it would slow down its rate hikes or stop them entirely as a fundamental, predictive signal that could spur the market's recovery.

There is a basis for this assessment. The Fed announced in December 2022 that it would reduce the size of its rate hikes from 75 basis points. It followed this hint by hiking interest rates by only 25 basis points. This triggered the recovery in the prices of Bitcoin and its correlated assets, such as Fantom, prompting bullish Fantom crypto price predictions for 2025. However, inflation has started to tick back upwards, which could delay a tapering of the rate hikes. The price action of cryptos in February mirrored this, which explains why we had a pullback in the price of FTM/USDT from the $0.658 price mark.

## Where does Fantom crypto price prediction 2025 point to?

Rather than focus too far ahead, traders should use what they see on the charts and in the news to decide when to enter. Fantom is one of those projects with outstanding potential for price appreciation in the long term due to its fundamentals. With a platform that keeps expanding its client base and sound fundamentals, demand for Fantom will only keep growing.

Further price appreciation will depend on the ability of the FTM/USDT pair to breach the resistance at $0.658. Upside targets in the near term would lie at $0.876 and $1.157. Any further advance would require a neckline break, with $1.646 being the next upside target. $1.978 lies ahead, as it was the site of a previous high on 1 March 2022.

You must understand that any upticks will not automatically shoot up like rockets. Instead, there will be the ebbs and falls in the wave motion of price action, as defined by the Dow Theory nearly a century ago.


green image of fantom logo overlaying image of trading screen

: Fantom Crypto Price Prediction 2025

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?

After a tumultuous 12 months for cryptocurrency, the news predictions for 2023 and the years ahead are mixed.

Looking back, 2022 wasn't the best year for crypto. Terra Luna collapsed and resulted in an estimated loss of $300 billion across the crypto market. FTX collapsed and shaved $183 billion from the market. [Bitcoin](/coins/btc), the largest cryptocurrency, fell by 22%.

The exchange and coin collapses resulted in several crypto companies filing for bankruptcy, including [BlockFi](/news/article/blockfi-bankrupt-court-documents), Three Arrows Capital (3AC), Hodlnaut, and Voyager. Other companies that filed for bankruptcy in 2022 include Celsius, Vauld, and Zipmex.

Despite all the woes affecting the market, many believe it's just another season that will pass. The comeback story is on the way.

Some even believe 2023 may be the year crypto returns to its glory days. However, many have also become wary of it and predict a gloomy future. Some even say it might be an end for digital currencies.

## Positive cryptocurrency news predictions

Considering the cryptocurrency industry moves based on Bitcoin's price, the predictions here will be informed by it.

Several analysts, investors, and supporters predict a positive future for the industry based on Bitcoin's performance.

In January 2022, Yassine Elmandjra, an ARK Invest analyst, predicted Bitcoin could reach a price of $1 million by 2030. CoinLoan founder and CEO Alex Faliushin agreed with Yassine. According to Faliushin, by 2030 the whole industry will be more transparent and regulated, attracting more money into the market, which could lead to a rise in BTC price.

In October 2022, despite the industry's negative trend, a panel of 55 industry specialists surveyed by Finder predicted BTC would surge to trade at $270,722 by December 2030.

The latest cryptocurrency news predictions reveal that investors don't have to wait until 2030 to realize profits on their investments. Analysts and investors like Tim Draper, Alistair Milne, and Carol Alexander predict that 2023 might just be the year the industry makes a comeback.

According to Draper, a long-term cryptocurrency supporter and investor, Bitcoin might trade at $250,000 by mid-2023. The founder of Altana Digital Currency Fund, Milne, is not as optimistic, but he predicts that BTC might surge to trade at $45,000 in 2023. Both men cite the upcoming Bitcoin halving as a key factor to the coin's performance in 2023.

Alexander, professor of finance at Sussex University, predicts BTC might increase by $30,000 in the first half of 2023. According to the professor, BTC might trade at $50,000 per coin by the end of 2023.

The CIO of Arcane Assets, Eric Wall, is hopeful that BTC might trade above $34k in 2023.

Anthony Scaramucci, the founder of Skybridge Capital, called 2023 a recovery year for BTC. According to him might trade at $50,000 to $100,000 in two to three years.

Besides the analysts, several crypto prediction platforms also predict a positive future for the leading cryptocurrency and the entire industry.

[Ambcrypto](https://ambcrypto.com/predictions/bitcoin-price-prediction) predicts Bitcoin might trade at an average price of $32,000 in 2023, $29,000 in 2024, $38,000 in 2025, $51,000 in 2026, $68,000 in 2027, $90,000 in 2028, and $119,000 in 2029. According to the site, the coins might trade at an impressive price of $490,000 by 2034.

[Analyticsinsight](https://www.analyticsinsight.net/bitcoin-price-prediction-is-btc-set-for-an-all-time-high-2023/) predicts BTC might be worth $34,690 in 2023, $50,711 in 2024, $74,683 in 2025, $105,149 in 2026, $153,665 in 2027, $218,265 in 2028 and $323,564 in 2029.

[Priceprediction](https://priceprediction.net/en/price-prediction/bitcoin) says BTC might trade at an average price of $36,000 in 2023, $53,000 in 2024, $77,000 in 2025, $117,000 in 2026, $166,000 in 2027, $239,000 in 2028, and $337,000 in 2029. The cryptocurrency might be worth $719,000 by 2031, according to the site.

## Negative cryptocurrency news predictions

Mark Mobius, founding partner of Mobius Capital Partners, is one of few people who predict a dark future for the crypto market, according to the latest cryptocurrency news prediction. As early as December 2022, Mobius predicted that BTC would drop to trading at $10,000 by 2023.

The veteran investor states that with the US Federal Reserve tightening monetary policy and rising interest rates, BTC is poised to suffer more losses in 2023.

Matthew Sigel, head of digital assets research at VanEck Investments, seconded Mobius's prediction. Sigel predicts Bitcoin will trade between $10k and $12k in 2023. His prediction is based on higher energy prices and Ripple's SEC lawsuit.

Eric Robertsen, head of research at Standard Chartered bank, predicts an even darker future for BTC, stating that it might drop to trading as low as $5,000. He made his prediction back in December 2022.

[WalletInvestors](https://walletinvestor.com/forecast/bitcoin-prediction#:~:text=Bitcoin%20price%20equal%20to%2024109.60,Get%20It%20Now!&text=Get%20our%20PREMIUM%20Forecast%20Now%2C%20from%20ONLY%20%247.49!,-%2D%20Try%20Now%20Risk) is one of a few crypto predictions platform that has predicted an ugly future for BTC and, thus, the entire cryptocurrency market. According to the site, BTC might end 2023 trading at an average price of $10,434. By 2024, the leading cryptocurrency might be worth $1,604.

## Should you invest in the crypto market?

Based on the latest cryptocurrency news predictions, there are many reasons to be wary of the crypto market and many reasons to keep holding on as an investor. Supporters are divided on the market's future; some predict a positive future while others foresee an ugly one.

If you are already an investor, many supporters say there is no need to ditch the market. There have been worse days and the industry has always managed to survive. It is not the end yet.

Many supporters are hopeful that with the industry getting more transparent and with more regulation, it might draw in more investors, which will help with its growth.

If you want to invest in the crypto market, you must do your own research. The industry's volatility makes it hard to rely on predictions for investment decisions.

A good way to get into the market and survive situations like 2022 is to diversify your investment portfolio, according to many investors and experts.


blue image of crypto trading reports on a laptop

Cryptocurrency News Predictions 

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?

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 

Formerly known as Loki, Oxen is the latest privacy focussed Proof of Stake crypto network facilitating instant transactions. 

Alongside payment infrastructure, Oxen provides users access to a secure messaging platform and an anonymous network layer for developers to work on. Such a versatile platform has great potential. For that reason, the project has caught the imagination of traders and investors worldwide. Here, we analyse the crypto price prediction for Oxen and determine whether it is worth our investment.

The native coin of the Oxen network is $OXEN token. $OXEN is primarily used for staking, purchasing name registrations for in-platform router and messenger, and, of course, for the transference of value through instant and private transactions.

Although data concerning the max supply of $OXEN is not available, there are currently 61,703,560 coins in circulation. With a current token price of $0.1781, this gives an overall market cap of $10,981,761. But can we make an Oxen crypto price prediction?

Access to $OXEN is improving as more and more top-tier exchanges continue to list the coin. You can find the token available to trade at KuCoin (USDT, BTC, and ETH pairs), Bittrex (BTC and USDT), and TradeOgre (BTC). It is also possible to swap wrapped OXEN, wOXEN, via popular DeFi platform SushiSwap. 

For a breakdown of the best places to trade and invest in cryptocurrencies, [check out our guide](/news/article/best-exchanges-for-crypto-uk).

## Technical analysis

Let's look at how $OXEN might perform in the near to medium term. By looking at recent technical analysis, it is possible to get a better idea of what $OXEN might do in the future. At the time of press, $OXEN is trading below the 200-day simple moving average (200SMA).

If the current trend doesn't change, the value of $OXEN is predicted to fall by -4.63% by the end of February 2023. That said, technical analysis shows that in the last month, $OXEN recorded 13 out of 30 green days with a volatility score of 1.90%, suggesting that now is a great time to buy the token. Trader sentiment remains neutral, with 17 out of 29 indicators recording bullish signals.

It is also apparent that $OXEN is trading below the 50SMA, with the indicator suggesting sell since 10 February, 2023. The price is predicted to fall to somewhere in the region of $0.177 in the near term. Meanwhile, the [Relative Strength Indicator](https://www.investopedia.com/terms/r/rsi.asp) (RSI) remains neutral, scoring 54.64. The RSI score suggests whether an asset is overbought (above 70) or oversold (below 30).

Looking at historic moving averages, opinion is split over whether it is a good time to buy or sell the token. Because moving averages are lagging indicators, they don't take into account immediate or future events, so they should only be used as part of your trading or investing toolkit. As well as the simple moving average (SMA), traders like to use the exponential moving average (EMA). The only difference is that the EMA puts more weight on more recent prices rather than the balanced score the SMA gives. With this in mind, the following data suggests:

![oxen.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/oxen_a2f6082ada.png)
 
As you can see, trends calculated from weekly moving averages continue to suggest that selling is the best option right now. Whereas daily average prices over 10, 21, and 50 days all suggest now is a good time to buy $OXEN.

## Charts based on other tech growth

There are several other ways to determine whether it is a good time to buy. If we look at the trends for the historic growth of other famous equities, we get some interesting results.

![oxen2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/oxen2_f15ecde2bb.png)
 
Obviously, no one can predict the future, but the table above shows just how much room for growth there is for anyone entering the sector at this stage of the asset lifecycle.

## Oscillators

We can use oscillators to determine a historic trend set between two parameters, often those of higher and lower values. The difference between these scores gives us our oscillating trend. There are variations on this theme, but some of the more popular and recognised trends are:

![oxen3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/oxen3_65dcc7370c.png)
 
As you can see, the overwhelming majority of these indicators suggest a neutral course of action.

## Correlation

Correlation indicators help determine if an asset's price action is closely related to others in the same sector. As we can see from the table below, $OXEN is most closely correlated with $ASTAR, $FEI, and $OASIS networks. On the other hand, $OXEN is furthest away from $SINGULARITY, $NEXO, and $FETCH.ai.

![oxen4.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/oxen4_35efb8bbad.png)
 
## Oxen crypto price prediction conclusion

As you can see, there are myriad ways to use technical and historical data to make trading and investment decisions and an Oxen crypto price prediction. However, it is important to use this data as part of an overall trading or investment strategy and not exclusively. Looking at the [available data](https://coincodex.com/crypto/oxen/price-prediction/), it is possible to conclude that the current trading sentiment surrounding the $OXEN token is, for the time being, neutral.

As any investor will tell you, predicting market moves is practically impossible. Therefore, it is wise to adopt a broad approach to investing or trading.

 [1] Based on average year-on-year growth of the internet between 1995 and 2017

 [2] Based on average year-on-year growth of Google between 2000 and 2015

 [3] Based on average year-on-year growth of Facebook between 2004 and 2016

 [4] Based on average year-on-year growth of the mobile phone sector between 1993 and 2013


Oxen logo on green image of crypto price tracker

Oxen Crypto Price Prediction

Xinfin is an exciting up and coming crypto project. Today we'll be going over XDC news and price prediction.

## What is XinFin (XDC)?

[XinFin](https://xinfin.org/) is a hybrid [blockchain network](/news/article/blockchain-for-dummies) focusing mainly on global financial trading and aiming to make the process easier for everyone, regardless of location.

The name XinFin is short for exchange infinity, which might give you an idea about the company's motive. XinFin has been all over the news lately, so let's discuss why it's risen in popularity so quickly.

There are two major issues with two different industries that XinFin aims to solve with its network: the finance sector's outdated trading infrastructure and crypto's complete anonymity within transactions. XinFin eliminates both issues by providing a middle-ground, with an open blockchain network that consists of smart contracts as well.

One big factor that allows XinFin to stand out from its competitors is its steps to integrate with the finance sector. For starters, the XinFin protocol is compatible with the [ISO-20022 messaging standards](https://www.iso20022.org/), allowing it to integrate seamlessly with SWIFT systems, legacy banking, and ERP applications.

This would allow XinFin to be used on a wide range of platforms, providing those decentralized services within regular banking models. Not only does this give a much more integrated infrastructure for trading assets, but it also allows financial institutions to view XinFin in a good light. Perhaps the way XinFin has gone about its business model could pave the future of crypto that we all hoped for.

## The XDC01 Protocol

The efficiency and speed of XinFin are made possible with the help of a special XCD01 protocol that XinFin has deployed. The protocol, in essence, is a hybrid system consisting of public and private networks. This means that it gets benefits from private networks, like secure transactions, and from the public state, such as decentralization and transparency.

This hybrid setting is unique and allows the protocol to provide not just immensely rapid transaction speeds, but also remain completely transparent with its operations. All transactions are made possible with the XDC token, which serves as the main currency for the XinFin network.

## Interesting XinFin features and figures

There are many other features of XinFin, and we'll go over a few exciting aspects of the network.

We haven't really mentioned the retail side of XinFin's operations, so now would be a good time to talk about the XinFin wallet and its functionality. In simple terms, the network also has a user-friendly wallet where you can not only buy XDC, but also trade it for various other tokens like Bitcoin and Ethereum.

We should also talk about the sheer speed and efficiency of the XinFin network. We did mention that it focuses on being rapid, but we didn't talk about how rapid it is with its transactions compared with other blockchain networks.

For comparison, [Ethereum](/news/article/ethereum-price-in-uk) can perform up to 16 transactions per second, which is decent, but XinFin can do more than 2,000 transactions per second. Is that impressive, or what? Next, each transaction charges around $0.00001, which is a huge deal when compared with Ethereum, which charges $10. Lastly, where ETH consumes 20.61 TWh, XinFin only requires 0.0000074 TWh.

So, the XDC network is pretty much an improvement over the likes of BTC and ETH in terms of transaction speeds, energy consumption, and overall efficiency.

## XDC news and token price

XDC is the main token for XinFin and is involved throughout each network process. The initial maximum supply set for XDC was at 100,000,000,000 tokens, and it will remain so. 25% of this supply was kept for the owners and the XinFin team. The majority of tokens (32.5%) were reserved for users taking part in the XinFin ecosystem to circulate the coins.

## XDC price

If we talk about the [price of XDC](https://coinmarketcap.com/currencies/xinfin/), then it's currently sitting at $0.02968, with a 0.72% increase over the last 24 hours. Furthermore, the price saw a decent 4.47% growth over the past week, which, given that it had to pass through Friday, is a great result. It has a circulating supply of 13.8B XDC, making it one of the bigger cryptocurrencies in the market.

## XDC news

In recent about XDC news, the company announced a new project that it is launching called DAOFin. This will provide XinFin with a decentralized funding structure for future network-related improvements like ecosystem development, network upgrades, and much more.

There will also be a comment period until 15 March, when the public can present its opinion regarding DAOFin. This will allow XinFin to get some idea of what the public sentiment might be regarding this move and how much of its assets should be invested in it.

That's it for the latest XDC news. Now let's get into future price predictions for XDC for the years 2023, 2024, and 2025.

XinFin (XDC) price prediction 2023, 2024, and 2025
As of writing, the XDC news is that the token is going for $0.0258, and it seems to form a bullish pattern due to its features and usability. It might very well be that the token gets to see a great increase in price in a short period.

But, the volatility of the crypto market must be kept in mind when making such predictions. We advise everyone to do their own research before investing in any token, let alone XDC. Now that a disclaimer has been provided, let's get talk price prediction.

### XDC price prediction for 2023

For 2023, with the way the current crypto market is, we don't suspect a huge spike in price for XDC. However, as we see the coin growing in value nonetheless, there is reason to believe it might end the year on a good note. The XDC news could be of the token ending the year at $0.0542.

### XDC price prediction for 2024

If things become more stable, as we hope for next year, we could good XDC news as the token takes off. Thanks to its seamless integration between decentralization and transparency, XinFin could be the foundation for future crypto projects. All this means it's bound to grow in value, hence a price prediction of around $0.0954 for 2024.

### XDC price prediction for 2025

In 2025, we might see crypto return to regularity, with a significant focus on utility and cooperation with various financial institutions worldwide. This is something that XinFin will be able to target comfortably, providing not just a retail approach for consumers, but also industrial integration with the major financial players in the industry.

Due to all we've discussed above, we could see XDC news that the token's value has crossed the $0.1 mark by 2025. Anywhere from $0.1 to $0.15 could be a viable price for XDC after a couple of years.

Again, all this is based on speculation and prediction – remember to take this with a grain of salt, as the crypto market can be highly unpredictable. There are good chances that the price of XDC goes the other way and drops down instead. However, the project’s utility and functionality lead us to believe that that’s the more improbable route.


xdc coin logo on pile of other crypto coins

XDC News and Price Prediction 

It has engaged millions of people, but is still to launch its own coin. That's why making a Pi Network price prediction is so challenging!

Pi Network was created in 2019 by a group of Stanford University graduates. Unlike other [cryptocurrencies](/news/article/what-is-future-of-cryptocurrency), Pi does not require any specialized hardware to mine. Instead, users can mine Pi using their mobile devices, which makes it accessible to a much larger audience.

The Pi Network is built on a unique consensus algorithm called the "Proof of Work/Proof of Stake" hybrid model. This algorithm allows users to mine Pi by verifying their identity and contributing to the network's security by verifying transactions.

Pi Network's consensus algorithm is designed to be lightweight, energy-efficient, and more accessible than the mining algorithms used by other cryptocurrencies.
Pi has a limited supply of 10 trillion coins, which will be gradually released into circulation as users mine and verify transactions on the network. Currently, the Pi Network is in its beta testing phase. Users can earn PI coins by simply downloading the Pi Network app (read to the end to know how to download the Pi app) and creating an account.

## Social mining?

One of the unique features of the Pi Network is its social mining approach. Instead of competing against each other for rewards, users are encouraged to build their networks of trusted contacts and earn additional PI coins by inviting new users to join the network. This social mining approach creates a more inclusive and collaborative community where users can work together to build the network and earn rewards.

Another important aspect of the Pi Network is its focus on user privacy and security. The Pi Network uses a combination of advanced cryptography and [blockchain technology](/news/article/blockchain-for-dummies) to protect user data and prevent fraud. 

Transactions on the network are verified using a decentralized consensus mechanism, which ensures that all transactions are valid and there is no possibility of user-ended issues.

Furthermore, even without an active coin, the Pi Network has launched a wallet and a browser for users to experiment with. This way, early adopters can get familiar with how the Pi system operates and get straight to extracting their coins when the coin drops.

Unlike other cryptocurrencies that require massive amounts of energy to mine, the Pi Network's consensus algorithm is designed to be energy-efficient and sustainable. This makes PI a more eco-friendly alternative to other cryptocurrencies like [Bitcoin](https://bitcoin.org/en/), which have come under scrutiny for their massive energy consumption.

## 25 million users without an active coin?!

A huge pointer to Pi being an exciting project is the fact that the company has managed to accumulate more than 25 million users on its platform – even before launching the PI coin or the mainnet!

This is also one reason why getting a Pi Network price prediction in place is almost impossible. When there's no coin in circulation yet, you have to make a calculated prediction about its future value, which is the case for the Pi Network coin.

The platform's marketing has been on-point, and there's real value in the Pi Network, leading to a huge user base. Moreover, the team behind Pi have done a great job of being active and not letting the user base sit idly while the network is being developed.

## Pioneers, Contributors, Ambassadors, and Nodes

Pi has allocated four roles for its users, providing ownership to them and allowing multi-level marketing to take place.

Pioneers are general users registered on the Pi Network app. These users must verify their identity daily to ensure they're not tagged as bots by the app.

Contributors are basically pioneers who have taken part in three mining sessions. This role is just a virtual medal for active users taking part in the network's activities.

Ambassadors, well, do what their name suggests. They act as ambassadors of the Pi Network, bringing in other users to the platform for further rewards.

Nodes, lastly, are users who participate in the node software on their computers, interacting with other nodes to generate as many coins as possible. They can "generate" coins and collect them, but there won't be any earnings yet. The users will be able to gain all the tokens they've generated ONCE the coin gets released.

A system like this allows users to feel connected with the platform, which is one of the main reasons for the network's popularity.

## Hackathon

The Pi Network also held a hackathon for developers to test their DApps on the platform. This was done with the help of the Enclosed Mainnet of the Pi Network, allowing developers to deploy various DApps.

Of course, these DApps will be publicly operational once the mainnet is released – which is unknown and unannounced for now. The activities will be powered by the PI coin, allowing transactions for all kinds of applications.

## Pi Network price prediction

As we mentioned above, considering the PI coin hasn't been released, and the mainnet's release is yet to be announced, too, giving a Pi Network price prediction is tough.

Nonetheless, there are still a few opinions by experts and analysts in the industry.

A lot of sources advise users to stay away from the Pi coin, as there is much ambiguity regarding its future – a valid point. When you don't know when the coin and the main network will launch, it's smarter to wait until more information is available.

On the other hand, a few websites have estimated a Pi Network price prediction. [DigitalCoinPrice](https://digitalcoinprice.com/coins/picoin), for example, thinks that the PI coin will launch around the $0.007 mark.

## Pi Network price prediction 2023, 2024, 2025

Generally, this prediction for the Pi Network will be a shot in the dark, with little to no information at our disposal. However, we can still take some factors into play and get some understanding of the PI coin's future price.

For example, we know that the Pi Network project is unique, and it looks very promising even at its current stage. With millions of users already participating in its activities, the network seems strong, which is always a great look for the company's future valuation.

We suspect that the Pi coin could reach $0.009 or even $0.01 by the end of 2023 if there’s enough social hype around the app. By the end of 2024, the price could push even further if the developers manage to maintain the utility of the Pi network, keeping the users engaged within the app.

Lastly, we could see the Pi coin cross the $1 mark in the future, perhaps by 2025, if the crypto market returns to stability by then.

Overall, the Pi Network and PI coin represent an exciting new development in cryptocurrency. With its innovative consensus algorithm and social mining approach, Pi has the potential to become a significant player in the world of digital currencies. If you want to discover more about Pi, you can download the Pi Network app [here](https://minepi.com/#download)!


pi network logo on image of person trading

Pi Network Price Prediction and Features 

Flare Token (1FLR) is the native cryptocurrency of [Flare Network](https://flare.network/), a robust EVM-based Layer 1 (L1) blockchain that has two protocols: Flare Time Series Oracle (FTSO) and State Connector. These protocols enable developers to create an ecosystem of powerful, decentralised interoperability applications. Read on to unearth our FLR price prediction for 2023.

![flare.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/flare_7033b6507d.png)
 
The Flare motto is "#ConnectEverything", and with an ever-increasing stance towards interoperability and composability in the crypto sphere, Flare is a blockchain of great potential. Naturally, the FLR price will be affected by all the attention the ecosystem is receiving.

## 1FLR price prediction: basics of the crypto token

According to [Coingecko data](https://www.coingecko.com/en/coins/flare-token), the FLR price is nearly $0.03634 at the time of writing. The crypto asset has a circulating, total, and maximum supply of 4B (4,000,000,000) tokens.

With a market cap of just over $2.25M, it is safe to say that Flare is currently in the nascent stage of adoption - the best is yet to come (please DYOR before investing).

The FLR price achieved an all-time high of around $0.0026 on 23 October, 2021. The most popular decentralised crypto exchanges to purchase and trade 1FLR are Quickswap and SushiSwap. With a 24-hour trading volume of just $1,091, we can assume that trading of the crypto token is not ‘hot’ at the moment.

That said, the cryptocurrency is a fascinating long-term investment option. There are factors to consider when making a 'significant' purchase decision. Here is what makes 1FLR stand out.

## What makes Flare special?

1FLR powers the [Flare ecosystem of decentralised applications](/news/article/flare-network-explained) (DApps). As mentioned before, the core protocols of the blockchain, FTSO and State Connector, play a pivotal role in enabling developers to create DApps.

FTSO is an oracle network that delivers trusty, decentralised data to DApps on Flare. State Connector allows for reliable, decentralised data procurement from external blockchain ecosystems and the internet.

By using Flare’s pricing and interoperability protocols coupled with scalable EVM-based smart contracts, developers can build with more data to serve numerous ecosystems, thereby expanding the reach and value of their products.

Developers can build their own bridges, securely relay data, utilise state from any connected blockchain ecosystem, and take advantage of decentralised price and data and scalable EVM smart contracts.

These smart contracts make use of a low-carbon consensus algorithm. Furthermore, Flare offers an enterprising grants system for promising teams.

The Flare Ecosystem Support Program gives financial and resource support to projects and entities within the blockchain ecosystem. Grants are awarded in 1FLR and Songbird (SGB) quarterly in the quest to accelerate the growth of the network.

These grants are awarded after a stringent internal application and evaluation procedure. Additionally, developers are free to attend Developer Q&A sessions every week on Wednesday at 15:00 UTC. These sessions are a must for project advice and feedback and Flare-focused engineering questions.

In our humble opinion, Flare is an ecosystem of much promise, and the 1FLR [price could skyrocket](/news/article/ethereum-pow-price-prediction) soon. Please visit the website, join the community on Telegram and Discord, and explore all socials and documents before making an investment decision.

On a final note, do study the project's Twitter. Several fascinating developments are under way and all signs point towards an investment gem.


FLR Price Prediction 2023: Is $1 Possible?

When evaluating crypto coins, you can’t compare the DASH cryptocurrency against leading digital assets like [Bitcoin](/news/article/bitcoin-forecast-2023) and [Ethereum](/news/article/ethereum-pow-price-prediction). However, it is incredible how such a technological innovation has kept a strong foundation and remarkable technical structure that keeps attracting investors to the platform.

The DASH protocol is an open-source token that forked off the Bitcoin blockchain and prided itself on offering fast and affordable transactions besides delivering diversified application details for developers. Despite the price slump recently experienced throughout the crypto sphere, Dash seems to display great future potential and could reclaim its all-time high value. 

This DASH cryptocurrency price prediction dissects the Dash network’s essential features, the important factors that could drive its upward trajectory, and what you can expect its price to be by the end of 2023 and beyond. Welcome on board.  

## What is DASH?

DASH is a cryptocurrency that can be transferred in peer-to-peer transactions to anyone, anywhere, fast, hassle-free, and affordable. The Dash blockchain operates without a central authority, and the developers’ goal was to create a proficient and hands-on solution for transferring digital cash.  

Dash (DASH) was founded as Xcoin on 18 January, 2014, by Evan Duffield and later rebranded as Darkcoin before rebranding again to DASH in 2015 to better embody it as a platform for "digital cash". [DASH originated as a fork of Litecoin](/news/article/dash-or-litecoin), a fork of the Bitcoin (BTC) protocol, and aimed to address the shortcomings of BTC’s privacy and transaction times. 

Duffield and his team designed DASH to safeguard users' anonymity using the x11 algorithm and Masternodes to accelerate transaction times. The founder stepped down in 2017 and left the protocol running to the Dash Core Group. 

DASH created a niche among the pioneer cryptocurrencies that emerged alongside Bitcoin and has continued to dominate the crypto sphere alongside the giants. The digital asset's value has risen in recent years to rank number 12 among the leading cryptocurrencies in 2018.    

## How does DASH work?

DASH cryptocurrency uses a two-tier network that enables Masternodes and crypto miners to run concurrently. The first layer is dedicated to crypto miners who compete against each other to create new blocks that secure the blockchain. The task performed by miners is crucial as it preserves the DASH blockchain’s transaction history and prevents double-spending.
   
The second layer is dedicated to and controlled by Masternodes, referring to users on the blockchain network who can stake up to 1,000 DASH tokens to take up some functions that are usually the preserve of miners. Masternodes complement the work of cryptocurrency miners by ordering and authenticating transactions. 

The DASH utility token is among the recognized payment methods for payable fees on the Dash network and for staking within the Dash Masternode system, where users help secure the system in return for passive income. A 2.5-minute block time on average by DASH is the main attraction of Dash when compared to Bitcoin, whose block time is at least 10 minutes.

Please note, though, that DASH crypto miners receive 45% of each block they mine compared to the 100% offered by the Bitcoin network.  

## Where does DASH get its value? 

DASH derives its value from the utility it offers its users. Mostly, the coin is helpful as a means of exchange, accepted by more than 150,000 merchants and outlets worldwide. Also, the crypto is active in more than 50,000 addresses, and it's estimated to process billions of transactions annually. The previous facts demonstrate its growing value and utility, giving it a competitive edge over several alternatives. 

## What makes DASH unique?

DASH enjoys an impressive adoption rate globally for a coin [ranked at No. 62](https://coinmarketcap.com/currencies/dash/) on the CoinMarketCap, with several suppliers and vendors accepting it as a form of payment. DASH is especially popular in Venezuela, boasting more than 40,000 users and counting. The company's official website provides an exhaustive list of businesses supporting cryptocurrency.  

DASH packs an array of features, some of which give it an edge over other digital assets like Bitcoin and Litecoin. The crypto coin's leading features include Masternodes, PrivateSend, X11, ChainLocks, CoinLocks, and InstantSend. Let’s have an in-depth analysis of these features individually. 

## Masternodes

Just like the Bitcoin blockchain, where [miners](/news/article/mining-farm) get rewarded for verifying transactions on the network, the Dash blockchain network runs a similar program. However, the Dash system has two divisions – miners and Masternodes. To become Masternodes, users must deposit at least 1,000 DASH tokens and perform critical functions on the network. Some of their duties include responsibility for the governance and treasury system, Private Transactions (PrivateSend), and Instant transactions (InstantSend). For their effort to improve the network's security and facilitate speedy transactions, Masternodes earn 45% of the reward received from every DASH coin mined. 

## PrivateSend

Unlike the completely public Bitcoin blockchain, where details of every blockchain transaction are accessible to anyone with an internet connection, the Dash network introduces privacy through a service called PrivateSend. Through this service, no third party can trace back the details or identity of users. 

Facilitated by Masternodes, PrivateSend ensures transaction details remain private, giving the blockchain a significant advantage over the Bitcoin network. This feature makes the DASH crypto equal and all its transactions fungible since their history is unknown and cannot be tracked.

## InstantSend

While it takes just a few seconds to complete a transaction using your Visa or MasterCard, it typically takes up to 10 minutes to confirm a Bitcoin transaction. The time drag is not just a huge difference, but also raises questions about Bitcoin's scalability and potential for mass adoption. To address this challenge, DASH offers InstantSend, a service that ensures a transaction is confirmed almost in real-time. InstantSend comes at an extra cost over the regular DASH transaction that gets cleared in about 2.5 minutes. 

## CoinJoin 

The CoinJoin feature guarantees complete privacy and security for the parties involved in a peer-to-peer crypto transaction. 

Using a trustless non-custodial style, the system mixes a sequence of transactions so that an outsider can neither trace nor interrogate the transaction history. The service is only available for users with Dash and Dash Electrum wallets. 

## X11 

This unique hashing algorithm, designed by Evan Duffield, uses a sequence of eleven unique hashes to enhance efficiency and fairness. X11 ensures users enjoy maximum security by offering them zero uncertainty about digital asset transactions.
   
## ChainLocks 

The ChainLocks feature protects the Dash network from hacker infiltration or other external vulnerability while offering a real-time solution against organized threats. This feature eliminates any possibility of 51% attacks by providing fast and effective alternative solutions. 

## DAPI 

DAPI is a feature that ensures that developers in the Dash community can interact freely and securely while exchanging app data and queries through its endpoints. 

## Dark Gravity Wave 

Dark Gravity Wave is an open-source difficulty adjustment algorithm that works with Bitcoin-based cryptocurrencies such as BDC, DASH, and Litecoin. The algorithm fine-tunes a block's difficulty levels depending on the data it finds within the block. This is a practical approach that ensures the network can issue new blocks regularly while averting time-warp exploits, especially when there are high fluctuation periods.  

## Dash price prediction in 2023 and beyond 

Despite the severe crypto winter in 2022, DASH had a relatively uneventful journey. As of writing this guide, the coin's trading volume is $111,539,994.

We will interrogate the digital asset's prospects for this DASH cryptocurrency price prediction.

The price of DASH was $73.78 and a market cap of $182,560,920 out of a total circulation of 11,120,725 coins. By using real-time market data and analyzing the coin's current developments, past price actions, and social sentiments from the DASH community, we can comfortably offer this dynamic price prediction related to the recent market activity.  

## DASH price prediction 2023

With DASH considered among progressive cryptocurrencies set to rise this year, market pundits anticipate a significant price gain, especially beginning Q3, which could push it to $103.87. As expected, the price gain will be gradual but accompanied by sporadic drops now and again. While an average $96.95 increase may appear over-ambitious, a minimum of $83.10 remains reasonable especially considering anticipated collaborations and advancements.   

## DASH price prediction 2024

If the current trend continues without serious interruptions, 2024 could bring better tidings for DASH cryptocurrency. Increasing use cases could usher in fresh initiatives and partnerships that further propel DASH toward $173.12. 

Nonetheless, such an outcome will depend on DASH's comparative strength index resulting from oversold zones or bullish bets. The lowest DASH cryptocurrency price prediction for 2024 could be $138.50, with a run-of-the-mill trading price of $152.35.

## DASH cryptocurrency price prediction 2025

Depending on how matters work out in 2024, pundits see DASH reaching $242.37 in 2025. However, a pessimistic market experience could only offer investors much-needed profits even though the coin could achieve an average trading price of $207.75 at its lowest or high of $221.60.

## DASH cryptocurrency price prediction 2026

A successful 2025 combined with anticipated increased adoption by millions of crypto enthusiasts sitting on the fence could jolt the DASH coin price in 2026 and see it remaining stable for a few more years. With DASH projected to go green by 2026, the coin could quickly achieve and surpass its all-time highs and reach $311.62 or $276.99 on the lower side and an average of $290.84.

DASH cryptocurrency price prediction in 2027 and beyond 
Much of our DASH cryptocurrency price prediction is based on calculations derived from high-level technical analysis. The most powerful shot in the arm would be a bullish market that could introduce future potential partnerships from 2027 and beyond. DASH could reach a maximum price of $380.87 in 2027 with an anticipated low of $346.24. As DASH strives towards interoperability, we expect the bullish trend to push it between $415.49 and $450.12 in 2028 and hopefully between $553.99 and $588.61 by 2030.   

## The parting shot 

Since the crypto market is still highly volatile, making a dash cryptocurrency price prediction with utmost precision remains a real challenge. While Moni Talks has taken every precaution to pinpoint the anticipated future prices, it’s essential for you, our reader, to avoid taking this DASH cryptocurrency price prediction as absolute financial advice but instead use it as a stepping stone and do your research as you make investment decisions.


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