https://captainaltcoin.com/injective-protocol-inj-price-prediction/

A promising DeFi start-up project from a few years ago, Injective Protocol has recently become interesting again. The long-awaited launch of the Canary Chain on the Injective Protocol main net has gone live with spot trading on their decentralized exchange (Dex).

It’s still early days for Injective Protocol as an exchange, but ‘early days’ is an investor’s dream if the project is a solid one. Should we all be buying INJ, their proprietary token? There’s good news and bad news.

What is Injective Protocol?

It’s a Dex but with a few differences. Most Dexs run an AMM (Automated Market Maker) algorithm to generate the market. This maintains a pool of cryptocurrencies in pairs which are rebalanced after every trade. It’s the way that classic Dexs automated the market-making process. Injective Protocol has an order book like most Cexs (Centralized Exchanges), but more of this and a few other interesting features later. 

INJ is Injective Protocol’s obligatory exchange token. The exchange is still in the early stages of release so it’s difficult to know how it will function when all the features are implemented. The initial releases’ maximum trade is $50 and there’s only a spot market at the moment. I like this cautious approach to launch, in principle. Too many times we’ve seen hastily implemented code bring down a project and lose people money.

Injective Protocol Price Prediction For The Next 3 Months

Is Injective Protocol (INJ) currently undervalued? That’s the fundamental question. Let’s look under the hood to check if the component parts are up to the job. Will Injective Protocol be fit for purpose if it does capture significant market share?

The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes.
When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.
Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same – we have witnessed this scenario dozens of times in the distant and more recent history.
Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will INJ develop in the short-term (for the next 90 days), according to our prediction model:

Fundamentals

Different types of DeFi platforms require particular fundamentals to be strong. A Dex needs liquidity, security, speed, value, and popularity. Attention is the key resource that all new projects are fighting for, so marketing will also be important. Gone are the days of “Build it and they will come!” The Dex space is getting crowded so successful market entrants must identify themselves with unique selling points. 

Use Cases

The USPs of Injective Protocol are found both in the technology and the presentation. Its exchange appears different to most Dexs. For example, it displays an order book where you can place limit orders, rather than just swap at whatever rate is being offered at the time. The interface is typical of a centralized exchange rather than a regular DeFi token-swap site. 

Most of the interesting stuff is yet to come. The first development should be to onboard more tokens. At the moment you can trade eight tokens in 17 pairs against USDC and USDT. The current version has markets in Synthetix, Uniswap, The Graph, SushiSwap, Polygon, Aave, Chainlink, Wrapped ETH, and of course Injective Protocol. 

The next will be to add derivatives trading. Eventually, you’ll be able to build bespoke derivatives based on a range of asset types other than crypto – commodities, stocks, etc. You could create tokenized versions of your favorite stocks and construct derivatives around them. 

The injective protocol could have a lot going for it, but only if these features are wanted by the public. When was the last time you felt the urge to create a derivative? It’s never happened to me yet. Perhaps institutional investors might find this useful?

The Tokenomics of INJ

The Injective Protocol blockchain is secured by a PoS (Proof of Stake) consensus mechanism. Critically, there’s an Ethereum bridge reducing the cost of transferring ERC20 tokens to the platform. This is interesting at the moment, but when Ethereum 2.0 is released in the new year, one wonders how competitive it will be. Allegedly, Ethereum network fees will plummet.

Injective Protocol charges transaction fees for both makers and takers on the exchange, to be paid in INJ. This provokes a demand for the token and keeps the project wheels turning. The truth is, if people use the exchange a lot, Injective Protocol and its investors will make money and the price of INJ should increase. If not then it flops.

Team

CEO Eric Chen and CTO Albert Chon founded the company in mid-2018. They’re both qualified and accomplished professionals with experience working for a range of blue-chip tech and finance firms. The team boasts mainly developers and techs, which is good to see. It gives the impression that the focus is in the right place, unlike some of the more hyped nonsense we are seeing at the moment.

Social Media

The same goes for Injective Protocol’s social engagement. However, The product blogs are all well and good, talking about INJ being listed on various exchanges, and the spot market going live. But there’s nothing about why there’s virtually no action on the exchange, or about the imminent rollout of the bulk of the project.

The Twitter account mirrors their blog and has about 80 thousand members. The problem is when I read this post – 

“With Injective you can access, create and trade unlimited DeFi markets with zero gas fees. Developers can also launch Ethereum-compatible cross-chain DApps on top within minutes.”

Well, er, no you can’t. Try it and see. It’s not up and running. 

Overall their engagement is very grown-up and professional. Injective Protocol looks like a very well-run project, so kudos to the marketing people. It’s time for the rest of the team to deliver now.

Exchanges & Wallet Support 

You can buy INJ at centralized exchanges Binance and Huobi. If you prefer to remain completely DeFi, swap for it at Uniswap or buy it directly on the Injective Protocol exchange with stable coins, USDC and USDT.

I connected with the recommended Metamask wallet and had no issues. The site also recommends Ledger live. 

How to Buy INJ

If your intention is to hold INJ as a speculative asset, then buying on a regular exchange is fine. If your goal is to trade on the Injective Protocol exchange then transferring crypto to the exchange is the way to go. 

It’s a familiar process by now, but there are a few things to note. Connect your wallet, click on a market, select your amounts, and hit the approvals on your Metamask wallet. Remember to set the total allowance – this is important. It restricts the amount that a smart contract can access from your wallet when permission is given. 

Once you have deposited USDC or USDT, select whichever token pair you would like to trade. Fees for transferring should be a couple of dollars maximum, and a few cents equivalent in INJ for the actual exchange trading. 

I could not actually get into the exchange as it seems to have ground to a halt. There’s a third-party tutorial video here that I found informative. Injective’s own Youtube video was so dull, it was almost unwatchable. But quite frankly, there’s nothing to trade at the moment. The liquidity is so low and the spread so high that it’s not worth bothering with until it comes to life.

I hope this was part of a staggered release that will swing into action soon, otherwise, this exchange is deeply troubling and should be avoided at all costs. Imagine having funds in the exchange and not being able to sell.

Injective Protocol Price Prediction 2023

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.

INJ Market Price Prediction

Wallet Investor

In line with the general crypto market, Wallet Investor is bullish on INJ. Their AI predicts a 150% increase to around 18 US$ over the next 12 months. The following 4 years will bring a boost of 350% to a high of over $62. That sounds like a must-buy to me. Nearly 10x in 5 years. 

Digital Coin Price

A little more modest in their outlook is Digital Coin Price. From a current level of $7 they call for a 50% increase by the end of 2021. INJ will hit $20 by 2025 and go on to top out at over 30$. This represents more than a 300% increase by 2028.

Trading Beasts

Lastly, we have a similar overview from Trading Beasts. Apart from a slow descent over the next few months, it’s all good news for INJ. They call for a 50% gain over the next 12 months, with a further rise to $18 before the end of 2024.

Injective Protocol Price Prediction 2025 – 2030 – 2040

Our prediction model sees INJ reaching new highs in 2025:

$ 12.05

Injective Protocol Price Prediction 2030 – 2040

What Injective Protocol will be worth in 2030?

Our forecasting model sees Injective Protocol reaching $30.12 in 2030.

What Injective Protocol will be worth in 2040?

Our forecasting model sees Injective Protocol reaching $60.24 in 2040.

Will Injective Protocol replace / surpass / overtake Bitcoin?

No, Injective Protocol will not replace or overtake BTC.

Can Injective Protocol reach $100?

Yes, Injective Protocol could reach $100 by the end of 2025.

Is Injective Protocol worth buying?

We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Injective Protocol is worth buying.

Is Injective Protocol a good investment?

Injective Protocol is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.

How much will Injective Protocol be worth?

For the short-term future, it could reach $2.53. In the long-term (8-10 years), it could jump to $30.12 or even higher.

Why will Injective Protocol succeed and go up in price?

Injective Protocol has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Injective Protocol rising up to $30.12 in 2030.

Why will Injective Protocol fail and drop in price?

Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.

How high will Injective Protocol go?

Our forecasting model sees Injective Protocol price exploding and reaching $60.24 in a distant future.

What is the short-term prediction for Injective Protocol?

Injective Protocol will reach $2.53 in the next 90 days, which is a 38.8% change over the current price which hovers around $4.14.

Can Injective Protocol make you a millionaire?

Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Injective Protocol millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Injective Protocol could make you a millionaire.

Injective Protocol Price Prediction Today – What will be the price of Injective Protocol tomorrow?

Injective Protocol will hover around $4.36 tomorrow.

When to sell and exit Injective Protocol?

That depends on your trading profile. If you believe in Injective Protocol and think it has a bright future, holding the coin for at least a couple of years is a good idea. Taking profits on good investments is an even better idea. So if you are sitting on 100-200% or even more gains on your Injective Protocol, cashing out a portion of the funds is not a bad move.

Can Injective Protocol explode?

Yes, our algorithm sees Injective Protocol taking off and skyrocketing in 2022 with an increase of 9.1% over the current price.

What will be the price of Injective Protocol in 10 years?

Injective Protocol price in 10 years will hover between $30.12 and $60.24.

Injective Protocol Price Prediction 2023 – What will Injective Protocol be worth in 2023?

Injective Protocol will reach $6.27 in 2023, which is a 51.53% change over the current price.

Injective Protocol Price Prediction 2024 – What will Injective Protocol be worth in 2024?

Injective Protocol will reach $9.03 in 2024, which is a 118.23% change over the current price.

Injective Protocol Price Prediction 2026 – What will Injective Protocol be worth in 2026?

Injective Protocol will reach $15.33 in 2026, which is a 270.36% change over the current price.

Injective Protocol Price Prediction 2027 – What will Injective Protocol be worth in 2027?

Injective Protocol will reach $18.95 in 2027, which is a 357.66% change over the current price.

Injective Protocol Price Prediction 2028 – What will Injective Protocol be worth in 2028?

Injective Protocol will reach $22.56 in 2028, which is a 444.96% change over the current price.

Injective Protocol Price Prediction 2029 – What will Injective Protocol be worth in 2029?

Injective Protocol will reach $26.17 in 2029, which is a 532.26% change over the current price.

Injective Protocol Price Prediction 2050 – What will Injective Protocol be worth in 2050?

Injective Protocol will reach $93.09 in 2050, which is a 2148.7% change over the current price.

Summing it All Up

Injective Protocol is in the early stages of release, but what will the future bring? Once we see the full version we’ll have a better idea. There are so many Dexs in the space that it’s difficult to stand out from the crowd, but Injective Protocol’s similarities with traditional exchanges will be interesting to many. 

The key will be liquidity. At the moment there’s none. Really, none! Not even just a small amount. According to the exchange, there has been absolutely no volume and no 24HR change on any pair. It is completely dead. With the order book model, the spread is directly related to liquidity levels. Thin liquidity means a wider spread, the amount you lose on each trade as you enter and exit. This is not looking at all good at the moment.

On the one hand, I think the world could live quite happily without another derivatives platform praying on inexperienced retail traders. Leverage is super-risky in the volatile spot crypto markets, but people still like to trade perpetual swaps. I also think leveraged trades on derivatives that nobody understands are near suicidal. If you’re not a deeply knowledgeable investor, I would stay well away from the trading platform if it ever delivers what it promises.

On the other hand, I might buy some INJ as my ethics do not extend to refusing to make money on a winning project. I could see INJ increasing in value in the short to medium term – if they manage to revive their dead exchange. 

At the moment, none of this actually exists – it’s all talk.

Also, you might want to check out other price predictions:

• Tellor Token Price Prediction
• Waltonchain Price Prediction – Future Forecast For WTC Price
• Future Forecast for XRP Price
• Tezos Price Prediction
• Zilliqa Price Prediction
• Sia Coin (SC) Price Prediction
• Future Forecast for RDD
• Orion Protocol Price Prediction
• Kava.io Price Prediction
• Telos Price Prediction

The post Injective Protocol Price Prediction 2023 – 2025 – 2030 | INJ Price Forecast appeared first on CaptainAltcoin.

https://captainaltcoin.com/orion-protocol-orn-price-prediction/

What is Orion?

Orion is a project that is building a gateway to the entire crypto market by aggregating every CEX (centralized exchange), DEX (decentralized exchange) and swap pool into one decentralized platform, with the help of the Orion Terminal.

It is the first of its kind that allows users to access all kinds of markets directly with a wallet, without any account or KYC requirements. Connecting to, and aggregating multiple major exchanges into one order book provides plentiful liquidity and the best prices for every trade.

At the heart of this protocol is Orion’s native token: ORN. It is an internal currency and utility token that can be used for trading, staking, and for over a dozen of other functions that will be detailed in the use case below.

Orion Protocol (ORN) Price Prediction 2021

Below we take a look at Orion and examine some details as well as predictions to estimate a reasonable price for 2021, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice or a solid basis for an investment. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.

The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes.
When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.
Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same – we have witnessed this scenario dozens of times in the distant and more recent history.
Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will ORN develop in the short-term (for the next 90 days), according to our prediction model:

Orion Protocol  Price Prediction 2023

High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.

CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2022 and 2023:

ORN Price Prediction 2025 

Our prediction model sees ORN reaching $ 2.19 in 2025.

What will ORN be worth in 5 years?

The price of ORN in 5 years could lie around $ 0, according to CaptainAltcoin’s prediction model.

Orion Protocol Price Prediction 2030 – 2040

Read also:

• TitanSwap Price Prediction | Is TITAN a Good Investment?
• DigitalBits Price Prediction | XDB Price Forecast
• Reserve Rights Price Prediction | RSR Price Forecast
• Kadena Price Prediction | Is KDA a Good Investment?
• Storj Price Prediction | STORJ Price Forecast
• Ocean Protocol Price Prediction | OCEAN Price Forecast
• Polymath Price Prediction | POLY Price Forecast
• Gnosis Price Prediction | GNO Price Forecast
• Numeraire Price Prediction | NMR Price Forecast
• Bitcoin Standard Hashrate Token Price Prediction | BTCST Price Forecast

Fundamentals

Use case

On Orion, ORN is at the center of 18 revenue streams, these streams include: the NFT Aggregator, the Orion Liquidity Boost Plugin, Orion Global Liquidity Pool, Orion Lending, Orion Oracle and much, much more. Some of these features are not yet available however, but all of them are planned to launch by the end of the year.

In addition to facilitating those functions, ORN is used as a utility token for benefits like fee discounts, decentralized brokerage trading, ccn and DeFi solutions.

Being at the center of such a vast ecosystem is a good indicator, as the more use a token has, the more valuable it can become.

Tokenomics

According to data gathered from Messari and Coinmarketcap:

Both the total supply and max supply sit at 100,000,000

Of that amount, ~25,575,000 are currently in circulation

The upcoming inflation rate for ORN has not yet been calculated

Some supplemental data

According to Coinmarketcap, 99% of the current supply is held by whales

Messari currently calculates ORN’s market cap dominance at 0.0122%

Coinmarketcap currently gives it a market rank of #247

Token distribution

• 6% for advisors and partners
• 12% for the team
• 13% for marketing
• 24% for the Orion foundation
• 45% for token sales

Since the max supply has been determined, it means that no more than a maximum of 100,000,000 ORN tokens will ever exist. This is a positive as the creation of new tokens and their introduction to the market can cause inflation, which reduces the value of the token depending on how many new tokens have been created.

The data presented above can be subject to change, always visit the source for up-to-date information: Messari – Coinmarketcap

Team

Orion was founded by CEO Alexey Koloskov in 2018, and the platform itself launched in 2020. He used to be the chief architect at Waves Platform prior to Orion, and had a lot of experience in building complex blockchain solutions.

Among his team are experienced individuals and knowledgeable advisors, most of whom have been part of successful projects prior to joining Orion – the entire team can be viewed here in detail.

The project’s Twitter account is active, posting updates, retweeting relevant events, and sharing news articles. However, the account frequently shares articles that promote the ORN coin/token, which on its own isn’t a red flag, but promoting the price, be it directly or indirectly, is a move that should warrant some caution.

Here’s an example of such a tweet, the thumbnail of which may come across as a little striking. Teams should be careful with the messages that their posts or reposts may convey; while these instances don’t mean the project is a scam, they may give off the wrong idea.

In addition to their Twitter they have a blog page where members post news and updates, and a news page where they share external news articles that talk about Orion, crypto, blockchain technology, DeFi… Etc.

In terms of brand image, they use clean designs with a combination of warm and cool colors, and express in a modern and exciting tone, not shying away from using emojis and hashtags in their tweets.

Community

They have ~70,000 followers on Twitter, where their tweets see hundreds of likes, and dozens of retweets and replies. Over on Telegram they have ~16,000 members, and their subreddit is home to ~2,000 members.

Community activity relative to the size can be described as on the low end of moderate. The subreddit for example sees about a post a day with varying levels of discussion despite having only ~2,000 members.

ORN itself is tweeted about quite often, as $ORN and #ORN are mentioned several times throughout the hour.

Exchanges & Wallet Support

ORN can be bought and sold on around 13 exchanges, and there are around 4 well known and trusted wallets that support it.

Market Price Prediction

Here are what predictors are forecasting for ORN:

Wallet Investor

Wallet Investor predicts a price of ~$24 (+250%**) within a year, and ~$90 (+1190%**) in 5 years time. It ranks ORN as a B+ investment in terms of predictability, which is the 3rd highest rank in their ranking system.

Digital Coin Price

According to Digital Coin Price by the end of 2021 ONR could reach ~$10 (+45%**), and could be worth ~$24 (+250%**) in 2026.

Tradingbeasts

Tradingbeasts forecasts a price of ~$8 (+15%**) by the end of 2021 and by the end of 2024 predicts a price of ~$21 (+210%**).

*These predictions are merely supplemental data and should not be taken as financial advice

**Percentages are based on current value and could change anytime

ORN Price Prediction 2023

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.

Orion Protocol Price Prediction 2025 – 2030 – 2040

Our prediction model sees ORN crashing in 2025 to $0 per coin.

ORN price in 2030 & 2040 will be zero as we don’t see a bright future for it in the distant future.

Where & How To Buy ORN

Where To Buy ORN

ORN can be bought on around 13 exchanges, including Binance, Uniswap, KuCoin, and the Orion Terminal.

How To Buy ORN

The process of buying crypto can differ from exchange to exchange, but here are solid guidelines on how to buy ORN:

1. Select an exchange that supports ORN and check for KYC (account verification) requirements and available payment methods.
2. Create an account on your preferred exchange.
3. Purchase ORN with your preferred payment method.

Already have an account on an exchange that supports ORN?

• Purchase ORN with your preferred payment method.

Or

• Swap some of your tokens with ORN.

Note: When buying or swapping tokens, some exchanges may have minimum amounts in place; usually these amounts are $10-$20 in the token’s equivalent. Additionally, most exchanges issue fees for purchases and swaps, these fees and their conditions differ from platform to platform, which is why it’s worth comparing them to minimize costs.

ORN Wallets

Some exchanges may offer wallets if they support ORN, in case they don’t, it means that while you still own the tokens, you can not send them to another wallet or receive any ORN’s from another address. Do note however that these practices may differ from platform to platform.

Nevertheless, there do exist trusted wallets in which you can store your ORN, including:

• Binance
• Trust Wallet
• MetaMask
• Trezor (hardware wallet)

Note: It is important to keep in mind that not every exchange offers users the private keys to their wallets, meaning that although the tokens still belong to the user, they are ultimately stored on the exchange. Furthermore, some exchanges may have minimum withdrawal amounts and withdrawal fees in place, and these fees differ from exchange to exchange. Deposit fees are extremely rare, as exchanges want to encourage users to store assets on their platform.

Summing It All Up

Aggregators have a sharp advantage over traditional exchanges since they can provide better prices and more liquidity, further still, Orion is special since it aggregates both centralized and decentralized exchanges, as well as swap pools, delivering far more than its counterparts.

The fact that users can freely and quickly access markets that would have otherwise required KYC verification is a very strong selling point, and if Orion succeeds in delivering all its promises, may become one of the best platforms to trade on.

Predictors indicate a gradual growth, which is a sound assumption considering the facts at hand, and the lack of direct competition makes such scenarios likely. It should be taken into account however that any investments made should always be done with a clear and objective state of mind, disregarding emotional elements like hype.

Also, you might want to check out other price predictions:

• Kava.io Price Prediction
• Telos Price Prediction
• Telcoin Price Prediction
• Terra (LUNA) Price Prediction | LUNA Price Forecast
• Linear Finance Price Prediction
• Yearn Finance [YFI] Price Prediction
• Kusama Price Prediction
• Venus Protocol Price Prediction

The post Orion Protocol Price Prediction 2023 – 2025 – 2030 | ORN Price Forecast appeared first on CaptainAltcoin.

https://captainaltcoin.com/tellor-trb-token-price-prediction/

What is Tellor?

Tellor is a decentralized oracle network; a permissionless community of token holders, data providers, and validators. These aspects work together to cryptographically secure putting real world data on-chain.

An oracle is essentially a link between blockchains and the outside world, which in the case of Tellor, is decentralized and permissionless.

The TRB token is the utility token that powers the Tellor ecosystem, where they are commonly used as an incentive for miners.

Tellor (TRB) Price Prediction For The Next 90 Days

Below we take a look at Tellor and examine some details as well as predictions to estimate a reasonable price for 2021, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice or a solid basis for an investment. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.

The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes.
When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.
Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same – we have witnessed this scenario dozens of times in the distant and more recent history.
Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will TRB develop in the short-term (for the next 90 days), according to our prediction model:

Fundamentals

Use case

TRB is used as a utility token in the Tellor ecosystem, but to understand the role it plays, one must understand how the platform itself works.

First, the data is queried, and those queries become PoW (proof-of-work), and they are set to be mined by the data providers. Afterwards, the PoW is transformed into data updates, and are placed on-chain in a readable data feed.

Now, in order for users to request specific data queries to be updated in the next block, they need to add a TRB tip, those tips are used as incentives for miners to choose a particular query. In addition to requests, all submitted data are subject to being disputed, provided the user opening the dispute holds the TRB token.

Tokenomics

According to data gathered from Coinmarketcap and Messari:

The total supply sits at ~1,773,105 TRB with no max supply determined

Of that amount, ~1,693,860.61 TRB is in circulation

Inflation rate cannot be determined thus far

Some supplemental data

Coinmarketcap currently ranks its market dominance at ~0.01% and ranks it at #344

Messari currently ranks its market dominance at ~0.00555%

According to Coinmarketcap, there are currently ~3,492 addresses

The term “total supply” differs from “max supply”. When a max supply is determined, it means that that particular amount is the maximum amount of tokens that will ever exist, i.e., no more of those tokens will ever be minted. In the case of TRB, a max supply has not been determined thus far, which implies the possibility of another mintage in the future, which in turn could result in inflation.

The data presented above can be subject to change, always visit the source for up-to-date information: Messari – Coinmarketcap

Team

Tellor was founded in early 2018 by Nicholas Fett, Brenda Loya and Micheal Zemrose, and grew, in the view of the founders, beyond just them, to a permissionless community of data providers, validators and token holders.

Originally working on Tellor as a tool for Daxia, upon realizing its potential, they decided to make it its own thing. Despite being designed for something else, due to the flexible nature of Oracles, it can not only stand out on its own, but can also keep on evolving with new features.

On Twitter, they post on an almost daily basis about general updates and every so often, tutorials. They also tweet about their latest community call videos that they upload on their YouTube channel, where they discuss relevant topics, news, and answer community questions posted on the Tellor Core Chat.

On Medium they post their updates in short 2-8 minute articles, and on Github they post the more technical side of their work.

A red flag to always watch out for from projects are overpromises, be it hyping token prices or promising more features than they deliver. In the case of Tellor, that is not the case; they seem to be focused on their work, and while they celebrate accomplishments and milestones, they don’t overhype.

Their branding is simple, without much going into logos and visuals, and their tone of voice is casual and up-to-date, with the occasional humorous language. On one hand it makes them more professional and work-oriented, on the other hand they may find difficulty attracting new and unfocused eyes.

Community

Their Twitter has ~22,200 followers at the time of writing, where their tweets consistently see over 50 likes, as well as a few comments and retweets, so activity can be described as moderate for an account this size.

On Medium they have ~500 followers, and their articles receive anywhere from 100+ to 400+ likes which indicates a healthy following and attention span. Likewise, despite having only ~730 subscribers on YouTube, their videos fetch hundreds of views.

They have ~4,300 members on their Discord server and ~6,300 members on Telegram. Lastly, on Reddit they have ~930 members, where they post several times a day.

Overall, it has a rather small but relatively active community, which is understandable considering they’re not the flashiest of projects. On the upside, Tellor does a great job at engaging with its community, one example of that would be the Tellor Core Chat (where community members ask questions), and Tellor Community Call (where they answer them on YouTube).

Exchanges & Wallet Support

Currently there are ~27 exchanges that list Tellor, and far fewer wallets that support it, around 4 that are widely trusted and well-known.

Tellor [TRB] Price Prediction 2023

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.

Market price prediction

Here are what price predictors are forecasting for TRB:

Wallet Investor

According to Wallet Investor, they forecast a price of ~$156 (+203%**) within a year, and ~$524 (+920%**) within 5 years. They rank TRB as a C in terms of price predictability, which should not inspire confidence.

Digital Coin Price

Digital Coin Price forecasts a price of ~$73 (+44%**) by the end of the year, and that of ~$189 (+273%**) after a period of 5 years.

Tradingbeasts

According to Tradingbeasts, by the end of 2021 and 2024, TRB will reach ~$52 (+3%**) and ~$84 (+66%**) respectively.

*These predictions are merely supplemental data and should not be taken as financial advice

**Percentages are based on current value and could change anytime

TRB Price Prediction 2025 – 2030 – 2040

Our prediction model sees TICKER faltering in 2025, dropping towards $0 per coin.

Tellor price in 2030 & 2040 could be close to zero as we don’t see a bright future for it in the distant future.

TRB Price Prediction – Summed Up

Given the obtained data above, we can expect a minor to moderate increase in TRB price. Pinpointing exact prices are impossible and prices are unpredictable, especially considering the differences in the percentages above.

Where & How To Buy TRB

TRB can be bought in ~27 exchanges, including Coinbase and Binance; the crypto buying process can differ from exchange to exchange, so here is a solid guideline to purchasing TRB:

1. Select an exchange that supports TRB and check for KYC (account verification) requirements and available payment methods.
2. Create an account on your preferred exchange.
3. Purchase TRB with your preferred payment method.

Already have an account on an exchange that supports TRB?

• Purchase TRB with your preferred payment method.

Or

• Swap some of your tokens with TRB.

When buying or swapping tokens, some exchanges may have minimum amounts in place; usually these amounts are $10-$20 in the token’s equivalent. Additionally, most exchanges issue fees for purchases and swaps, these fees and their conditions differ from platform to platform, which is why it’s worth comparing them to minimize costs.

TRB Wallets

Some major exchanges offer wallets for the tokens they support. Having a wallet means having the ability to transfer the tokens to and from your account, and not just simply owning them exclusively on one exchange.

Here are some exchanges/wallets that offer a TRB wallet:

• Coinbase
• Binance
• Trust Wallet
• MetaMask

It is important to keep in mind that not every exchange offers users the private keys to their wallets, meaning that although the tokens still belong to the user, they are ultimately stored on the exchange. Furthermore, some exchanges may have minimum withdrawal amounts and withdrawal fees in place, and these fees differ from exchange to exchange. Deposit fees are extremely rare, as exchanges want to encourage users to store assets on their platform.

Summing It All Up

Oracles play an important role in the crypto world, as smart contracts need them to operate with the world outside their respective blockchains, and Tellor seems to have proven itself as a worthwhile choice.

It is not the only decentralized oracle network, and not the most popular one at that, and these can present themselves as challenges in the future. While the price predictors collectively forecast growths, these factors must be taken into consideration before jumping in and making an investment.

Also, you might want to check out other price predictions:

• Waltonchain Price Prediction – Future Forecast For WTC Price
• Future Forecast for XRP Price
• Tezos Price Prediction
• Zilliqa Price Prediction
• Sia Coin (SC) Price Prediction
• Future Forecast for RDD
• Orion Protocol Price Prediction
• Kava.io Price Prediction
• Telos Price Prediction
• Telcoin Price Prediction

The post Tellor Token Price Prediction 2023 – 2025 – 2030 | TRB Price Forecast appeared first on CaptainAltcoin.

https://captainaltcoin.com/telos-tlos-price-prediction/

What is Telos?

Telos is a blockchain that was built for speed and scalability, and today, sees over 100 projects being built on its network. It was made with the intention of being the ideal network for mainstream adoption, and brands such as Siemens, Microsoft and Cisco use it for some real-world activities.

Telos-based Tokens, NFTs and smart contracts are already used for DeFi, gaming, social media apps and more, and according to Telos, it is the world’s most advanced smart contract network available today.

Apparently few blockchains can match its capabilities, speed and scalability; for instance, the network claims it can perform over 10,000 transactions per second, while maintaining low energy consumption unlike other blockchains.

TLOS is the native token of the Telos blockchain, and finding itself at the heart of the network, it powers several processes including transactions, dApps, staking, and so on.

TLOS Price Prediction 2021

Below we take a look at TLOS and examine some details and predictions to estimate a reasonable price for 2021, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice or a solid basis for an investment, and neither should this article. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.

The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes.
When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.
Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same – we have witnessed this scenario dozens of times in the distant and more recent history.
Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will TLOS develop in the short-term (for the next 90 days), according to our prediction model:

Fundamentals

Use Case

TLOS is the native token of Telos, and is a utility and governance token that serves many functions. As a governance token it is used to keep the Telos system decentralized, so as such, TLOS holders can take part in the governance process through Telos Decide – Telos’ governance engine. On the utility side of things, it is used for transactions, dApps, staking, funding, ownership and more.

Tokenomics

According to data gathered from Coinmarketcap and Coingecko:

The total supply sits at ~355,208,370, with no max supply determined

Of that amount, ~270,123,443 are in circulation

And according to Telos, the current inflation rate is 0%-1%

Some supplemental data

Coinmarketcap currently ranks it at 387^th in market rank

Coingecko ranks it at #422 in terms of market cap rank

According to Coinmarketcap the top 100 wallets hold ~84.35% of the current supply

The max supply of TLOS has not yet been determined, meaning mintage of additional coins is a possibility, which could result in some inflation in certain cases.

The data presented above can be subject to change, always visit the source for up-to-date information: Coinmarketcap – Coingecko

Accounts receiving daily funding for contributing to the growth or operation of the blockchain:

• The Telos Foundation 
• The top 21 block producers (node validators)
• The top 21 standby block producers (node validators)
• Core developers 
• Telos Works
• REX (Resource exchange that rewards TLOS staking) 
• Econddev fund

Team

Their Twitter is very active, posting many times throughout the day and retweeting just as much. Their tweets cover everything from news to updates, announcements, community events, and so on. However, every so often, they retweet things related to the TLOS price, and these tweets include positive predictions. This does not reflect well on the team, and should inspire some caution when approaching the project as to not get caught up in emotions and hype.

Their official Facebook group is as active as their Twitter, and likewise, visitors would find similar posts uploaded on a daily basis. As is the case with their Twitter, a lot of TLOS price related posts are shared on this page as well.

They also have a YouTube channel on which they are not as active or consistent as their other platforms. Here viewers can find mostly past livestreams, with the occasional miscellaneous content.

Lastly they have a blog section on their website where they post their own articles as well as a Medium for the same purposes, and an FAQ page where users can view the most asked questions, as well as ask questions of their own.

The project’s brand image uses simplistic art, with comfortable designs and colors. Their tone of voice is modern and friendly, and while they do talk about their progress, the tendency to not only tolerate but share token price related posts is something that should raise an eyebrow.

Community

Their social media following is rather small; Twitter for instance currently has almost 11,000 followers, about 2,000 users are part of the Facebook group, and around 1,700 are subscribed to their YouTube channel.

Their subreddit, r/Telos, is home to almost 1,500 users, and sees about a post a day. It is not very active, and most posts don’t see beyond a few comments. Their Telegram on the other hand has around 6,000 members.

Overall the community is still fairly small, which explains the lack of activity that a lot of other projects see, but it could potentially grow if Telos achieves something that grabs the attention of the crypto community.

Exchanges & Wallet Support

There are currently around 7 exchanges that list TLOS, and a couple or so well-known and trusted wallets that support it.

Market Price Prediction

Here are what predictors have to forecast about TLOS:

Wallet Investor

Wallet Investor predicts a token price of ~$0.48 (+115%**) in a year’s time, and ~$1.63 (+630%**) in 5 years. It ranks TLOS as a C in terms of price predictability.

Digital Coin Price

According to the forecasts made by Digital Coin Price, TLOS could reach ~$0.34 (+55%**) by the end of 2021 and ~$0.76 (+245%**) by the end of 2026.

Trading Beasts

Trading Beasts forecasts TLOS reaching ~$0.28 (+25%**) by the end of 2021, and ~$0.40 (+80%**) by the end of 2024.

*These predictions are merely supplemental data and should not be taken as financial advice

**Percentages are based on current value and could change anytime

TLOS Price Prediction 2023

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.

Where & How To Buy TLOS

Where to buy TLOS

There are around 7 exchanges that support TLOS, most notably KuCoin and PancakeSwap, as well as other DEXes (decentralized exchanges) like Uniswap. Users can also purchase TLOS directly through Telos.net after signing up for an account.

How to buy TLOS

The process of buying crypto can differ from exchange to exchange, but here are solid guidelines on how to buy TLOS:

1. Select an exchange that supports TLOS and check for KYC (account verification) requirements and available payment methods.
2. Create an account on your preferred exchange.
3. Purchase TLOS with your preferred payment method.

Already have an account on an exchange that supports TLOS?

• Purchase TLOS with your preferred payment method.

Or

• Swap some of your tokens with TLOS.

Note: When buying or swapping tokens, some exchanges may have minimum amounts in place. Additionally, most exchanges issue varying fees for purchases and swaps. These details vary from platform to platform.

TLOS Wallets

There are some wallets where users can store their tokens in, including:

• Telos
• Wombat
• SQRL
• Metamask
• Trustwallet

Note: Some of these wallets may require the user to manually add TLOS into them since it is not a very popular token, which can be a little confusing for first-timers.

TLOS Price Prediction 2025 -2030 -2040

Our prediction model sees TLOS reaching new highs in 2025:

$ 0.3921

TLOS price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.

Summing It All Up

Telos is focused on real-world use and adoption, and in order to make it the ideal platform to build on, they’ve built a blockchain with performance in mind. From speed to application to scalability, low fees, decentralization, security and energy efficiency, it seems like this particular route is the most optimal to reach their end goal.

Price predictors such as the ones mentioned above all forecast growths, with as little as 25% in a year, and over 100% after several years. Whether or not these growths will take place will depend on the rate of mainstream adoption of blockchain technology, and it should be taken into account that they are not the only project to offer a high performance decentralized network designed for this very purpose. Lastly the posts shared by the team on social media regarding the increase in their token price should suggest some level of consideration and care. It does not necessarily scream wrongdoing, but a team’s focus should always be on the project; sharing such posts conveys messages to the emotional and irrational side of people, and intentional or not, could mislead people into making decisions they otherwise wouldn’t have made.

Also, you might want to check out other price predictions:

• Kava.io Price Prediction
• Terra (LUNA) Price Prediction | LUNA Price Forecast
• Linear Finance Price Prediction
• Yearn Finance [YFI] Price Prediction
• Kusama Price Prediction
• Venus Protocol Price Prediction

The post Telos Price Prediction 2023 – 2025 – 2030 | TLOS Price Forecast appeared first on CaptainAltcoin.