PIVX (Protected Instant Verified Transaction) is one of the earliest cryptocurrencies. Also, it is one of the most influential privacy-focused digital assets in the cryptocurrency market today. $PIVX v5.3.3 was made available for download. It’s a highly recommended Core wallet upgrade that solves the remaining issues over the tier two network synchronization process. Users are invited to upgrade their PIVX wallets as soon as possible.
With some of the brightest minds in the industry, PIVX has a proven record of releasing first-of-its-kind innovations. Furthermore, due to its innovation and robust technology, the PIVX coin has widely been deemed an alternative to other privacy-focused cryptocurrencies such as Monero (XMR), Zcash (ZEC), and DASH coins.
Today’s PIVX price is $0.112067 with a 24-hour trading volume of $48,276.45. We update our PIVX to price in real-time. PIVX is down 2.54% in the last 24 hours. The current CoinMarketCap ranking is #842, with a live market cap of $7,759,968. It has a circulating supply of 69,243,824 PIVX coins and the max. supply is not available.
Before we look at PIVX price predictions, let’s know what PIVX is, its goals, founders, and features.
What is PIVX?
PIVX stands for Private Instant Verified Transaction. It is different from other privacy coins because it is open-source, decentralized, and has a better technology that gives its users the utmost anonymity, security, and instant transactions. The platform has an ambitious goal to become the most advanced digital asset ever.
Furthermore, PIVX was forked initially from DASH in February 2016, and it was called Darknet (DNET). PIVX was different from the DASH protocol because it is a Proof-of-Stake (POS) network. In 2017, PIVX was reformed after the fork to undertake its vision and plans fully. Today, PIVX is considered the most robust and innovative privacy-focused cryptocurrency. This platform uses cutting-edge ZK-powered SHIELD technology to give users the liberty to choose if they want to receive or send digital assets anonymously.
When PIVX was fully rebranded with enough marketing schemes, PIVX surged by +54,118.75%, which is astonishing. So reflect on this, if you had invested, let’s say, USD 200, you would have over USD 108,000 from that single investment. Before we move on to PIVX price prediction, let’s take a look at the goals of this platform and other of its components to give you an idea of this platform in detail.
The main goals of PIVX are to offer freedom, privacy, governance, and robust technology. With these goals, the platform ensures that it is decentralized as much as possible, with near-instant transactions and a decentralized community that is much better than DASH and other privacy-focused digital assets.
About the PIVX Founder
PIVX has a diverse team and community. This team only manages the various aspects of the digital platform. Among them is James Burden (AKA s3v3nh4cks).
Rumor has it that James Burden was one of the DASH developers who was disappointed with the direction of the cryptocurrency, and they decided to create their digital asset, PIVX.
During that time, Burden became the founder and one of the project’s developers. He is an experienced developer with more than 20 years of experience in tech. In April 2019, he resigned from his post as PIVX founder after requesting the development team a year prior.
The burden was not satisfied with the lack of privacy in PIVX at that time. So, he created his cryptocurrency known as Veil, which seeks to become an upgrade to PIVX. So far, PIVX has dramatically slowed down in public activities ever since Burden left in 2019.
The only known developer and active member of PIVX have been Bryan Doreian, its community manager and marketing lead.
Why is PIVX a distinct platform?
PIVX is a different platform, and it has unique features that make it promising in the crypto space. Some of its features are:
A leader in user privacy
PIVX is considered the leader in user privacy. It is currently the most innovative of all the privacy-preserving digital assets today. The fact that PIVX allows private transactions in its protocol makes it the most secure privacy token.
The picture below is the first SHIELD (zk-SNARK Sapling + Proof of Stake) 100% untraceable transaction on PIVX’s website from one shield address to another. It is essential to know that no amounts were revealed in this transaction, and there is no info about the sender or receiver.
The first POS digital asset with a Zerocoin protocol level anonymity
PIVX is regarded as the first POS digital asset with a Zerocoin protocol anonymity, making it highly fungible.
Better than DASH’s protocol
PIVX has all the DASH protocol features, including the master nodes and instant and privacy transactions, but it is much better than DASH. However, this is due to the improved POS 3.0 protocol mechanism.
PIVX’s SwiftTX technology
PIVX makes use of SwiftTX technology for users to experience near-instant transactions. SwiftTX technology is not used in most cryptocurrencies.
Decentralized to the core
PIVX allows its users to stake their PIVX cryptocurrency while these tokens are in their tricky wallets. Additionally, PIVX is self-governed and open-source. Currently, no other digital asset offers users incentives for staking and running a masternode. The controller node rewards are around 9% annually.
PIVX has a distinct seesaw algorithm that helps to balance its reward distribution between masternodes and staking nodes.
How does PIVX work?
PIVX is a “third-generation” privacy coin and decentralized autonomous organization (DAO), meaning that it is self-funded and self-governed. This platform uses a better and amplified version of DASH’s masternode architecture and Zcoin’s Zerocoin privacy protocol.
According to PIVX’s website, PIVX network fees are 40x lower than Bitcoin. Also, the website notes that the PIVX platform experiences a transaction speed of 70 transactions per second (TPS). However, Bryan Doreian has stated that TPS can go as high as 1000 using the SwiftxX payment protocol.
PIVX coin supply
PIVX network only allows 67,776,620 million PIVX tokens to be minted annually. Furthermore, 90% of the minted tokens go to staking wallets and Masternodes; the other 10% go to finance budget plans voted on by stakers.
PIVX does not have a finite coin supply cap like BTC or DASH. At the time of writing, the total circulating supply of PIVX is 67,776,620 units, and it will reach 312 million after 100 years from now. Furthermore, the average block mining time of PIVX tokens is 1 minute, making it faster and better than BTC and DASH.
PIVX Price History
PIVX token first entered the market in February 2016. It was worth a fraction of a cent and began to rally in 2017. Subsequently, it reached an all-time high of almost 9.20 USD in January 2018. The price then declined in the following months.
Despite the drastic price drop in PIVX, its ROI remained high. A closer look at 2020 of its historical data will show that PIVX is slowly but surely on the rise.
PIVX coin Price History
According to the most recent statistics, PIVX’s current price is $0.12, and it is presently ranked # in the whole crypto industry. PIVX has 69,243,824 shares in circulation and a market capitalization of $8,363,446.
The PIVX’s price has risen 7.26 percent in the previous 24 hours, thanks to an increase in trading volume and market value.
The PIVX has been on an upward trend for the past seven days, increasing by 10.49 percent. PIVX has recently demonstrated very great potential, and now might be a fantastic time to get in and invest.
PIVX’s price has dropped by -63.165 percent in the last month, subtracting a shocking average of $0.21 from its current worth. This abrupt drop indicates that the currency is now in a slump, indicating that it might be an excellent purchase opportunity for a quick investment.
The price fluctuated between a minimum average price of $0.76 and a maximum average price of $0.80 in the last 90 days, resulting in a -84.70 percent price change.
PIVX is down by -84.71 percent in the last four months, with the maximum average price of the coin being around $0.85 and the minimum average price being around $0.70.
PIVX Technical Analysis
Many indicators show the potential to re-enter a bear market right now. If bitcoin enters another bear market, we should expect PIVX to fall back to about 15 cents. You might set a buy at 20 cents and wait for it to decrease, or you could wait for a massive dump wick.
You may trade PIVX/BTC. Whatever the plan, it’s still a good place to be if bitcoin rises and DCA falls below 15 cents. Even if 2022 began with privacy coins in the trunk instead of riding shotgun, we still believe PIVX and ZCASH have untapped potential.
PIVX Price Predictions 2022-2030
Wallet Investor Forecast System indicates that purchasing PIVX for a long term (one year) would be a poor decision as any bullish trend is not anticipated. PIVX forecasts are refreshed every three minutes by Wallet Investor using sophisticated technical analysis of the price of PIVX. It is essential to keep in mind that the low market cap of PIVX makes it possible for the price to be readily manipulated. PIVX might be a poor choice for an investment with a high level of risk if you are seeking virtual currencies with a strong return over the course of one year. At the time of writing (2022-06-03), the price of PIVX was equivalent to 0.121 USD; however, the value of your present investment may decrease in the future.
According to TradingBeasts, the PIVX price is expected to hit USD 0.7509475 by the beginning of July 2022. Furthermore, the estimated maximum price is USD $0.2267494, and the expected minimum price is USD $0.1541896.
PIVX is predicted to retain stable growth through 2023, with the price increasing by 48.57 percent to USD 0.6849496 around October 2023. Nonetheless, TradingBeasts analysts predict that the price will fall by 22.41 percent by the end of 2023. PIVX’s minimum price will be USD 0.5643523 by the end of the month.
PIVX’s minimum price at the start of 2024 will be USD 0.5849310, representing a 26.87 percent price change. PIVX’s minimum price will be USD 0.7692768 at the end of the year, reflecting a 66.86 percent rise.
PIVX Price Prediction 2022
According to our in-depth technical analysis of previous PIVX price data, the price of PIVX is expected to hit a low of $0.12 in 2022. With an average price of $0.12, the PIVX price can reach a maximum of $0.14.
PIVX Price Prediction 2023
In 2023, the price of PIVX is expected to fall to a low of $0.17. Throughout 2023, the PIVX price might reach a high of $0.21 with an average price of $0.18.
PIVX Price Prediction 2024
According to the forecast price and technical analysis, the price of PIVX is expected to reach a minimum price level of $0.26 in 2024. With an average trading price of $0.27, the PIVX price may reach a maximum price level of $0.30.
PIVX Price Prediction 2025
In 2025, the price of one PIVX is predicted to be as low as $0.40. Throughout 2025, the PIVX price might reach the highest price of $0.45 with an average price of $0.41.
PIVX Price Prediction 2026
The PIVX pricing is expected to fall as low as $0.57 in 2026. According to our research, the PIVX price might reach a high of $0.68, with an average expected price of $0.59.
PIVX Price Prediction 2027
According to our in-depth technical analysis of PIVX price history and PIVX price today, the price of PIVX in 2027 is expected to be about $0.80. The PIVX price may go as high as $0.99, with an average trading value of $0.83 in USD.
PIVX Price Prediction 2028
In 2028, the price of PIVX is expected to fall to a low of $1.19. Throughout 2028, the PIVX price might reach a high of $1.41 with an average trading price of $1.23.
PIVX Price Prediction 2029
According to the projection and technical analysis, the price of PIVX is anticipated to reach a low of $1.72 in 2029. The PIVX pricing has a maximum value of $2.10 and an average value of $1.79.
PIVX Price Prediction 2030
The price of PIVX is expected to fall to a low of $2.45 by 2030. Throughout 2030, the PIVX price might reach a high of $2.98 with an average selling price of $2.52.
PIVX market domination has dropped over time since it forked from Dash. PIVXlow market cap makes it easy for price manipulation, and this would explain its volatility. Nevertheless, PIVX provides more features than Dash, and its development should see it rise back to its former glory.
Right now, an MN is 2600 dollars, and there may not be another opportunity to buy at a reasonable price. From there, we do not know where. It’s not an easy decision, with many projects only going midway. There is no business without risk, and you can’t gain more if you cannot risk a little.
The PIVX projections are inconsistent to a certain degree. There is not a widespread agreement, either favorable or negative, on the potential price movement of PIVX in the future. Nevertheless, the expansion of PIVX in the future will be contingent on the development of more sophisticated technological solutions, new announcements, the crypto environment, the legal stance, and a great many other factors. Research is absolutely necessary before putting money into any form of digital asset, including this cryptocurrency. This goes for any other form of digital asset as well.
PIVX might not reach its ATH soon, but its value is forecast to rise over time despite the volatility.