XDC Price Prediction 2022- 2031: Is XDC a Good Investment? | Cryptopolitan
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Have you heard it said, “Not every utility is as resistant as $XDC. You can’t compare XDC to others.” The XDC token is the underlying utility token of the XinFin hybrid blockchain. XinFin, an EVM compatible, proof-of-stake powered smart contract blockchain, is one of the platforms leading the charge on high-efficiency platforms. The XDC token acts as a settlement mechanism for dApps built on the XinFin hybrid blockchain.
This Post: XDC Price Prediction 2022- 2031: Is XDC a Good Investment? | Cryptopolitan
XDC is a NETWORK (like Ethereum) that offers SMEs (small to medium enterprises) a financial platform in which to run their business. Instead of using archaic banking practices that don’t properly store information or have slow bureaucratic processes. SMEs can now use XDC which will log every financial action that is taken via their business on the blockchain which will ensure security BUT also will automate a ton of financial processes that will make it seamless and easy to use.
Today’s XDC Network price is $0.029592 with a 24-hour trading volume of $4,870,971. We update our XDC to USD price in real-time. XDC Network is up 0.50% in the last 24 hours. The current CoinMarketCap ranking is #100, with a live market cap of $364,136,007. It has a circulating supply of 12,305,012,699 XDC coins and the max. supply is not available.
Let us dive into the background of the XDC coin before moving on to XDC price prediction to know whether to include it in your crypto portfolio or just to know the price movements of native coins in the blockchain space.
What is XDC Network?
Xinfin Digital Contract (XDC), is the native currency of the Exchange Infinite (Xin Fin) platform. Xin fin is a hybrid blockchain protocol capable of switching between public and private modes with the capability of coding for smart contracts.
Xinfin organization based in Singapore identifies itself as an NGO that works with governments and institutions to bridge the gap in global infrastructure. Using the Xinfin blockchain network, interested bidders can easily work with the government to finance projects or deliver on tenders. The blockchain assures fast settlement by getting rid of middlemen and other paperwork that may otherwise delay the project.
Xin fin runs on a delegated proof of stake (POS) consensus algorithm that verifies transactions before setting them into blocks. POS algorithms are known for their high energy efficiency when compared to Proof of Work (POW). The POS algorithm is delegated in that the Sin fin community votes or delegates their XDC tokens to master nodes who then assume the role of verifying transactions. All master nodes are KYC compliant making it easier to work with regulation and centralized financial institutions. Users running master nodes are required to commit 10,000,000 XDC. The XDC acts as leverage for misbehaving or downtime. Masternodes that misbehave have their committed XDC slashed or omitted from the protocol altogether. Users who stake on these master nodes also have their stakes affected.
XDC is a deflationary token. What this means is that the total supply of XDC is continuously dropping, enabled by token burns. Token burn means that tokens are sent to a wallet address in which they can never be recovered. Token burns increase the value of the coins that reduce supply.
The table above shows how Xinfin compares to Bitcoin and Ethereum.
XDC also has an Erc20 token XDCe pegged at a 1:1 ratio. XDCe was meant to leverage the Ethereum ecosystem and help with interoperability. Exchange Infinity is however on track to phase out the token. XDCe holders are expected to be AML/KYC compliant to swap for XDC.
Exchange Infinity has a Sandbox program for developers willing to build in the Xinfin protocol. Startups and freelancers can also apply to the program for community promotion, and technical and financial support.
XDC Founders
The three co-founders of the platform, Atul Khekade, Ritesh Kakkad, and Karan Bhardwaj, all have long storied histories in the blockchain ecosystem. Notably, Khekade is an experienced software programmer credited with founding several other tech firms and funding the XDC-powered Blockdegree education platform. Ritesh Kakkad is a serial entrepreneur with multiple ventures in the digital space. Bhardwaj, on the other hand, left the company in 2018 to pursue his own startup, Elatior Tech.
XDC Price History
XinFin protocol was created in early 2017. During the period Xinfin held its ICO and had its first listing on alphaex.net in Q4. The organization raised $15M from its ICO which signaled good market reception. The team opened sales on KoinOK, Bancor, Etherflyer, Alphaex, and Forkdelta at 20% above the token contribution price.
Coinmarketcap recorded the first XDC price at $0.0036 in April 2018. XDC performed poorly until May 2020 when the price broke above the opening price.
XDC registered its all-time low on 20th June 2019 at $0.0001571. XDC began experiencing real price action in 2021 shortly after Exchange Infinity began swapping ERC20 XDCe for XDC in a 1:1 ratio. XDC experienced high price momentum in 2021 with the highest trade volumes recorded during the period. This saw XDC reach its all-time high on 21st August 2021 at $0.1939. Market volatility saw the value of XDC start dropping as we moved into 2022.
XDC.NFT launched earlier this year in 2022, this helped XDC token sell at its highest price for the year at $0.098.
In the last three months, the price of XDC averaged below $0.062 experiencing the lowest prices between March and May.
In the last 30 days, XDC traded between $0.06187 and $0.05298.
XDC price has been a bit bearish in the last 1 week, this might be attributed to the sentiment of the entire cryptocurrency market which has seen altcoins trading lower this week.
XinFin Digital Contract is traded on 22 exchanges, with the top exchanges being Gate.io ($3.48M), KuCoin ($2.34M), and Digifinex ($1.58M). XinFin Digital Contract had an all-time high of $0.183422 9 months ago. Over the last day, XinFin Digital Contract has had 0% transparent volume and has been trading on 92 active markets with its highest volume trading pairs being USDT ($7.67M), BTC ($316,975), and ETH ($296,491).
XDC Network Applications
XDC Network enables enterprises to easily share public verifiable information while at the same time using the same protocol to hide private and sensitive customer information. Blockchain openness helps get rid of middlemen by connecting beneficiaries and financiers. This lowers the entry bar for low-income communities by easing the application and delivery process. Tradefinex by XDC network is a P2P decentralized platform that enables financiers to connect and complete deals with beneficiaries.
The Xin Fin network is ISO 20022 certified. This means that enterprises can easily connect to the platform’s messaging feature through the XDC protocol. The blockchain network helps get rid of the single point of failure in centralized platforms to a distributed ledger system. Examples of enterprises that can integrate into this feature include SWIFT, IFX, OAGi, TWIST, Bank proprietary, EDIFACT, RosettaNet, and FpML.
Centralized vs decentralized and distributed systems
The XDC token can also be used as a payment platform. Its wallet is accessible on the Exchange Infinity network. It leverages the best POS blockchain systems ensuring <$0.00001 transaction fees and completed in seconds with finality. Its distributed ledger makes it easy to track transactions. Other dAPPS built around XDC include Kramaa, Land registry, Turant Pay, Block degree and iFactor.
XDC is the native coin of Exchange Infinity and serves several functions, these include:
- Funding the development of Exchange Infinity and its applications such as Xinfin Web wallet, Xinfin scan, etc.
- An incentive for the Xinfin sandbox.
- XDC for decentralized governance. The community stake their XDC to vote for changes or updates to the Xinfin protocol.
Some use cases built on the XDC network
- XDSea is the first of its kind decentralized NFT marketplace. The platform is built on the XDC protocol.
- PlugIn is an oracle with a distributed ledger that ensures users get up-to-date data.
- Ledgercount is a decentralized electronic mail platform powered by Pingala software. Emails are sent and verified like blockchain transactions.
- Xswap XRC20 decentralized exchange. The platform aims to rival Pancakeswap and Uniswap as developers create more tokens on the XRC blockchain.
- Tradefinex trading platform for financiers and beneficiaries.
- Travala travel and booking platform with over 2.2M destinations.
- Other projects in the pipeline include Metabloqs metaverse, Eurostasis (a Euro stable coin), and In factor, an invoicing platform.
Where to buy XDC coins
You may buy XDC coins on Bitfinex, Bitrue, Homiex, Stex, Hotbit, and Mercatox. You can’t buy some from two of the largest crypto exchanges, Binance and Coinbase.
XDC Technical Analysis
XDC prices have been in a continuous upward movement in the last week, with prices crossing the $0.03 mark and currently trading around $0.03015. The recent price movement is a correction from the previous lows of $0.0224, which were seen in mid-May. The XDC pair trades above the $0.0300 level and the 55 simple moving average (4 hours).
Many of the moving average lines are still bullish. The SMA 10 crosses above the SMA 20, while the SMA 30 crosses above the SMA 50. This indicates a bullish trend in the market.
support levels are seen at $0.0280 and $0.0260. On the other hand, resistance
The next significant resistance is near the $0.0316 level, and the price could start a solid upward move towards the $0.0350 level.
On the downside, if there is a downside break below $0.0300, the price could test the $0.0280 level. The primary support is now forming near the $0.0270 level.
Overall, XDC prices are showing many positive signs, and they are likely to continue higher in the near term towards the $0.0316 and $0.0350 levels.
The Relative Strength Index (RSI) is currently at 54.3, indicating that the market is neither overbought nor oversold. However, the MACD indicator shows a bearish crossover, with the signal line crossing below the histogram. This could indicate that prices may start to correct lower in the short term.
XDC Price Prediction by Authority sites
Wallet Investor
Wallet Investor is giving a bearish XDC price prediction, stating XDC is an excellent long-term investment. According to the site, the XCD price might reach $0.279 by the end of 2022. The site states that XDC is a profitable investment as the price might hit $1.176 by 2030. Based on their careful analysis of the token’s current momentum and historical data, the cryptocurrency appears to be a promising investment. Their long-term price prediction for 2030 is that the digital asset could touch $0.822 in 2027.
Digitalcoinprice
According to Digitalcoinprice, the XDC price will increase significantly in 2022 and might even touch a maximum price of $0.0427 by the end of the year. The site predicts that XDC will have a good year in 2023 as the price could hit $0.0455. Based on their analysis, the long-term price prediction for XDC is that it could reach an average price value of $0.0592 by 2025 and $0.15 by 2031.
Price Prediction net
Price Prediction net’s XDC price predictions are more bullish and optimistic when compared to other sites. The site believes XDC could hit $0.066 by the end of 2022. By 2025, XDC might even touch $0.16, a significant increase from the current price. The long-term price prediction for XDC is even more bullish as the site believes it could hit $1.27 by 2030.
Cryptopolitan
XDC Price Prediction 2022
According to the current market trend, the volatility in XDC prices is expected to continue shortly. However, as the market matures, the volatility is expected to decrease. The average price target for 2022 is $0.058.A maximum price of $0.066 and a minimum value of $0.056 might be attained by the end of 2022.
XDC Price Prediction 2023
The average price target for 2023 is $0.073. A maximum price of $0.080 and a minimum value of $0.070 might be attained by the end of 2023.
XDC Price Prediction 2024
The XDC prices may continue surging in the future as the adoption of the token increases. The average price target for 2024 is $0.083. A maximum price of $0.097 and a minimum value of $0.081 might be attained by the end of 2024.
XDC Price Prediction 2025
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XDC might attain new all-time highs in 2025 as the adoption of the token increases. The average price forecast for 2025 is $0.16. A maximum price of $0.19 and a minimum value of $0.16 might be attained by the end of 2025
XDC Price Prediction 2026
The long-term XDC price predictions are even more bullish as the market matures. The average forecast price for 2026 is $0.25. A maximum price of $0.27 and a minimum value of $0.27 might be attained by the end of 2026
XDC Price Prediction 2027
The adoption of XDC is expected to increase as more people become aware of the token. The prices might reach a maximum value level of $0.42, an average price of $0.35, and decline to a minimum price of $0.34.
XDC Price Prediction 2028
In 2028, the token might surge to new highs of $0.60.An average price value of $0.51 and could decline to a minimum value of $0.50 might be attained in 2028.
XDC Price Prediction 2029
XDC price forecast for the year 2029 predicts that the prices might reach a minimum trading value of $0.74 before the end of the year. The average price for the same year is expected to be around $0.76, and the prices are anticipated to reach a maximum price of $0.87.
XDC Price Prediction 2030
The year 2030 will mark massive crypto adoptions, and XDC prices might continue to grow. Per our Xinfin Network price forecast, the prices might attain a minimum price value of $0.74 and grow to a maximum price of $1.27 by the end of the year. The average price for 2030 is expected to be around $1.07.
XDC Price Prediction 2031
Based on our in-depth technical analysis and research, we have provided a detailed XDC network price prediction for 2031. Per our analysis, the prices might attain a minimum trading value of $1.48 and grow to as much as $1..79 by the end of the year. The average price forecast for 2031 is $1.52.
XDC Price Predictions by Industry Influencers
Optimistic influencers praise the framework’s potential, claiming it is one of the high-gain Alts for the next bull market. a Twitter user and crypto influencer says XDC is a token to watch and will be listed on the significant crypto Exchanges after an unprovoked price explosion. The people waiting for that time are the natural future rich. Recently, Xinfin Network co-founder Ritesh Kakkad took to Twitter to share his views on the vast potential of Xinfin’s governance model. He stated that XDC Network is growing with the increase in utilities & projects built on #XDCNetwork.
This would allow for a completely decentralized network which would be much more efficient than the current centralized model.
XDC Price Predictions by Industry Influencers
The price of XDC is massively dependent on the intrinsic value of the XDC network. According to crypto enthusiasts and influencers, the comprehensive nature of the Network gives it a significant boost that allows it to grow exponentially in the future. Optimistic influencers praise the framework, positioning it as one of the potential high-gain Alts for the upcoming bull market, as demonstrated in the Tweet below.
#XDC is a combination of XRP, ETH and VET . XDC is a finance grade token built for the capital market. It will be leveraged in many usecases. Current circulating supply is much less than 12 billion.
Based off supply/demand and market size, XDC could be the leading token of value. pic.twitter.com/fZDzWPinM0— Denis (@Deniis911) June 10, 2022
Conclusion
The XDC network is a solid project with a healthy growth rate and impressive prospects for good investment returns, in the long run, making it one of the favorable Altcoins for long-term holding. While the XDC coin has not performed that badly this year, experts are bearish in regard to the XDC token. The coin has experienced significant volatility and it is important to note that cryptocurrencies are highly volatile assets.
We see much promise in the coin’s future as it fuels cross-border or domestic approved payments networks. Financial institutions can gain access to this layer to approve payments. Furthermore, the interoperability of the system with the emerging global standard for payments messaging, ISO 20022, makes it more developer-friendly.
One compelling use is putting the world’s largest port in Singapore onto the XDC network to do all their finances and books. This will stop any corruption in its tracks due to everything being logged onto the blockchain.
Think of XDC as a money mover with the same capabilities as XRP, but more. It has a blockchain feature that is useful for issuing stablecoins. Unless we understand their applications, we should not put our hard-earned money into blockchain projects and the currencies that fuel them. Others might go for meme coins or the so-called SHIT coins being pushed by celebrities but communities should support native currencies with long-term use IMHO.
Flare finance has changed the whole market structure in 2021 going into the bear market of 2022 and then the new era of market structure in 2022 and beyond (based on the value of usability, not just circulation and market cap). Therefore, ETH might not fully fade away due to ETH2.0 and them working to scale more but after Bitcoin reaches 100k it will forcefully be faded away. What’s your perception?
According to the historical data for the XDC token, it is set to make significant gains in the future as the adoption of the token increases.XDC has a robust community backing it, and the team is constantly working on developing new partnerships. The price of XDC is massively dependent on the intrinsic value of the XDC network. According to crypto enthusiasts and influencers, the Network’s breadth gives it a significant boost that allows it to expand rapidly in the future.
XDC network provides SMEs (small to medium businesses) with a financial platform on which they may operate their company. Instead of relying on antiquated banking methods that don’t correctly preserve data or have laborious administrative procedures. Now, SMEs can utilize XDC, which will record every financial transaction taken via their firm on the blockchain to ensure security. It will also automate several financial procedures to make them more accessible and easier to use.
The price predictions are not investment advice but rather our view on the coin’s future price development based on previous price analysis. We do not guarantee any of the predictions will come true. Do your research before investing in any cryptocurrency.
Disclaimer. The information provided is not trading advice.
The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Source: https://bloghong.com
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