The EMAX team created the Emax token to become a unique token that provided lifestyle perks, incentives, and financial rewards with a roadmap for long-term use in everyday life. To ensure equality, the Emax team did not hold a presale event; all the tokens were released to the open market.
Critics have their doubts about the Ethereummax ecosystem. A month after its launch, EMAX was highly publicized by celebrities, EMAX’s price surged and crashed days later, and many people lost money. For those willing to take the risk, there are huge rewards.
Cryptocurrencies are a new emerging asset class and carry the same risks as traditional stocks or other asset investments. The huge difference between stocks and crypto is the extreme volatility of the latter, with massive high swings and drops in prices. Many people made their fortunes in crypto, and also made paupers of almost the same number.
For guidance on your future crypto investment decisions, you may delve deeply into EMAX price predictions, but first, let’s take a look at the coin’s history and structure.
Today’s EthereumMax price is $4.83e-9 with a 24-hour trading volume of $3,005.41. EthereumMax is up 2.62% in the last 24 hours. The current CoinMarketCap ranking is #5663, with a live market cap of not available. The circulating supply is not available and a max. supply of 2,000,000,000,000,000 EMAX coins.
- Kim Kardashian accused of creating misleading ads for EthereumMax
- Lesson learned? EthereumMax bleeds 75% since celebrity promoters got sued
- Emax bleeds 75% after celebrity promoters got sued
What is EMAX?
Emax is an ERC20 token built on the Ethereum blockchain. It is also called the Culture token and is the gateway to the Ethereummax ecosystem. The Ethereummax Ecosystem consists of three tokens, EMAX, MAXPAY, and XMAX, each with a unique utility. Here are some applications of EMAX:
- EMAX “is a yield-based token that rewards back its investors 2% of every transaction,” according to a company state.
- This means that people can earn more when other investors use their coins, according to the company.
- Unlike some other lesser-known cryptos, investors can “use this coin in real-life cases.”
Controversy – EMAX Pump and Dump Scheme
Spreading misinformation in the US is a big crime, mainly when it results in people losing money, and that is what Kim Kardashian, Floyd Mayweather, and Paul Pierce did. Lawyers filed a class action lawsuit against Emax and the celebrities for working together to inflate the price of Ethereummax artificially. In June 2021, the Emax price skyrocketed 16 times in three days, after which it proceeded to a quick and harsh crash.
Adverse publicity and controversies play a significant role in the performance of cryptocurrencies. After the alleged lawsuit, many sites have dubbed Emax a ‘scam coin.’
Emax has a total supply of 2 quadrillion tokens with an inbuilt 3% burn tax that ensures the circulating supply keeps dropping. To ensure equality, the Emax team did not hold a presale event; all the tokens were released to the open market.
The Emax tokenomics are continually updated to strengthen the ecosystem.
To increase the scalability of the ecosystem, the team adopted a Layer 2 solution on Arbitrum.
Why Layer 2?
A significant challenge facing layer 1 blockchains like Ethereum and Bitcoin is their limited capacity to scale. The inefficiency results in high transaction fees and low transaction speeds. Layer 2 blockchain solutions create a workaround for the scalability problem. They increase the blockchain’s speed, throughput, and efficiency without the need to increase blockchains nodes or tamper with the blockchain in a way that would compromise its decentralization and security.
The EthereumMax ecosystem consists of three tokens, Emax, Xmax, and Maxpay, each with a unique utility. Ethereummax uses a unique design and incentive mechanism to solve the problems of antiquated financial systems.
The community token is designed to offer long-term value and tiered incentives to the community. The token is built on the Ethereum blockchain and is increasingly scarce. It is also called the ‘Culture token.’
Xmax is the governance token of the ecosystem. By incorporating the concepts of Decentralized Autonomous Organisations, its holders can take part in making and voting for changes in the ecosystem. Xmax is a rebase token created automatically by the protocol and can be earned through bonding and staking.
Maxpay is an algorithmic stablecoin pegged to the US Dollar in a 1:1 ratio. It is backed b 80% DAI and 20% Emax tokens. The taken is redeemable, mintable, stable, and fully backed up.
EMAX Price History
EMAX was launched in May 2021 with a total supply of 2 quadrillions. Coinmarketcap listed the first Emax price at $0.00000017 on 18 May 2021. Basketball star Paul Pierce and American boxer Floyd Mayweather promoted EthereumMax all through May 2021, which led to a boost of 632%. Kim Kardashian promoted the token on 14 June 2021. On 15 June, the value of EthereumMax dropped by 98% after the creators of EthereumMax sold their shares and ‘locked’ their wallet addresses. Emax set its all-time high price on 29 May 2021 at $0.00000092.
EMAX has been on a continuous downward trend from this year’s opening price of $0.0000000191. It has lost 60% of its value this year.
EMAX Technical Analysis
EMAX has been on a sharp drop this year and traded in the oversold territory in May. It opened at $0.0000000191 in January and has so far lost 60% of its value; Emax has traded sideways for the last month, accumulating as the bear market slows down. The William Alligator trend lines suggest the trend will continue short-term; the MACD histograms show increasing price momentum to the downside.
The chart below shows EMAX/nUSD. 1nUSD = 0.0000001 USD
Ethereummax Price Predictions by Authority Sites
The site uses machine learning and artificial intelligence (AI) to provide the Emax price forecast. The AI rates Emax’s historical data index A and comments that it would make a bad one-year investment. The Emax price will drop by 97.46% to a future price of $0.000000000197 in August 2023. The site indicates a bullish market price prediction for the coming two weeks, and Emax will rise to $0.000000006 at the end of the period. The negative trend will continue in 2024 at -89.77% ROI and rise to -78.16% in 2025. The ROI will be -72.28% in 2026 and -78.88% in 2027.
This site uses linear and polynomial regressions to predict future values of Emax. The Emax token will sell at an average of $0.00000240 in September. The price will rise gradually to $0.00000285 at the end of the year. In 2023 Emax will sell at an average price of $0.00000316 in January and $0.00000509 in December. The site provides a bullish Emax price prediction from 2024 to 2025. In 2025, Emax’s average trading price will be $0.00000912 in January and $0.00001129 in December.
Digital Coin Price
According to the Digital coin price forecast system, Emax’s current price is down over 60% this year and will trade sideways for the second half of 2022. The average Emax forecast price for September is $0.00000000664, reaching the highest in December at $0.00000000668. In 2023, Emax will sell at an average price of $0.00000000668. It will reach a maximum price of $0.00000000743 and a minimum value of $0.00000000595. In 2025, Emax will sell at an average price of $0.00000000871. It will reach a maximum price of $0.00000000965 and a minimum value of $0.00000000776. In 2030, Emax will sell at a mean price of $0.0000000207. It will reach a maximum price of $0.0000000213 and a minimum price of $0.0000000198.
Emax Price Prediction 2022
The Emax tokens price prediction for 2022 is $0.00000001. Emax has performed poorly this year, losing over 60% of its value; many virtual coins have shared the sentiment in the crypto markets. Emax digital coins will be bullish in the next run and trade between $0.00000001 and $0.00000001.
Emax Price Prediction 2023
The Ethereummax price prediction for 2023 is $0.00000001. The Ethereummax Ecosystem versatility provides unique utility to its users using various blockchains. Various players in the crypto community can use the tokens to promote their projects. Emax value will reach a minimum price value of $0.00000001 and a maximum of $0.00000001.
Ethereummax Emax Price Prediction 2024
The Ethereummax price prediction for 2024 is $0.00000002. Ehereummax bridges to Arbitrum provide the ecosystem scalability and speed while leveraging the Ethereum blockchain’s robustness; more Emax bridges in the future will increase the versatility of the blockchain. The current value for the year will reach the highest price at $0.00000002 and the lowest at $0.00000002.
Ethereummax Emax Price Prediction 2025
The Ethereummax price prediction for 2025 is $0.00000002. The Emax token provides the community with lifestyle perks. These should come in the form of NFTs in the future or special access in the metaverse. The Emax forecast indicates that the future prices will range from a minimum price value of $0.00000002 to a maximum price level of $0.00000003.
Ethereummax Emax Price Prediction 2026
The Ethereummax price prediction for 2026 is $0.00000003. Emax has undergone several changes in its tokenomics. All future upgrades will continue to increase the value of the Ethereum max ecosystem. Emax’s price will reach a maximum value of $0.00000004 and a minimum of $0.00000003 in the crypto market.
Ethereummax Emax Price Prediction 2027
The Ethereummax price prediction for 2027 is $$0.00000004. Emax’s strategic partnerships in Defi increase earning opportunities for the users. Emax partnered with Pixel cub’s NFT collection, increasing the ecosystem’s scope. The Emax coin price will range from a minimum of $$0.00000004 to a maximum of $$0.00000005.
Ethereummax Price Prediction 2028
The Ethereummax price prediction for 2028 is $0.00000006. Ethereummax ecosystem provides opportunities for decentralized finance. Staking and bonding opportunities provide passive income to holders. The opportunities will increase as the WEB3 grows mainstream. The Emax price is expected to range from $0.00000006 to $0.00000007.
Ethereummax Emax Price Prediction 2029
The Ethereummax price prediction for 2029 is $0.00000009. Emax has a burn mechanism in its economics. A 3% burn tax is included in the tokenomics, meaning a continuous drop in the circulating supply. Burning Emax tokens reduces their number in circulation, increasing their value. The Emax price is expected to range from $0.00000009 to $0.00000011 in the market.
Emax Price Prediction 2030
The Emax price prediction for 2030 is $0.00000014. Emax’s future is bright, driven by mass adoption from many investors who bring considerable gain to the platform. The future of WEB 3 is coming, and the crypto world is set to earn extensive—the Emax price range from $0.00000013 to $0.00000016.
Emax Price Prediction 2031
The Emax price prediction for 2031 is $0.00000019. Emax market capitalization will continue to rise past the decade. Partnerships in Defi and traditional finance will increase the value of the Ethereum Max ecosystem. Emax has a low market cap and therefore has the potential for considerable gains in the short term. The Emax price will range from $0.00000018 to $0.00000023.
Ethereummax Price Predictions by Industry Influencers
Coindesk TV talks about the prospects of Ethereummax and the possible repercussions of celebrities randomly promoting cryptocurrencies. The lawsuit is still panning out, so it’s impossible to tell that this was a move by bad actors.
Ethereummax ecosystem started without a pre-sale to ensure equality within the community; its initial marketing strategy, however, resulted in many controversies. The initial hype in 2021 from promotions by celebrities like Kim Kardashian died in a severe market crash, and many people lost money. The ensuing legal battle on the alleged pump and dump scheme has since overshadowed Ethereummax’s performance.
While the critics may be wrong on the alleged crime, it will take the Ethereummax ecosystem a long time and dedication to regain trust from the crypto community.
Ethereummax has a low market cap and can easily be manipulated; its price is, however, expected to increase once the crypto bear market ends.