TL;DR Breakdown
- Tectonic is one of the fairly new blockchain projects.
- Tectonic aims to provide seamless and secure money market functionalities.
- The current CoinMarketCap ranking is #3090.
The cryptosphere is growing exponentially and currently boasts over 17,000 projects, with several others coming up daily. Tectonic is one of the new blockchain projects with prospects in the digital economy. Investors and traders are already asking questions about the reliability of the Tectonic network, and we attempt to answer them.
Today’s Tectonic price is $7.76e-7 with a 24-hour trading volume of $1,743,145. Tectonic is down 2.19 percent in the last 24 hours. The current CoinMarketCap ranking is #3090, with the live market cap currently unavailable. The maximum supply is 500,000,000,000,000 TONIC coins, but its circulating supply is unavailable.
Two months ago, a common question among potential investors is, “Why is TONIC gaining value this fast?” The answers are simple – A Binance giveaway and some marketing strategies that do not look legit. So, be careful what you click.
We will examine the Tectonic network, its native token, past price analysis, developments, and price predictions for the coming years.
What is Tectonic?
Tectonic is an algorithmic-based decentralized non-custodial money market protocol that allows users to access instant loans as liquidity borrowers or earn passive yield by supplying assets. The architecture and design of the Tectonic protocol are based on the Cronos blockchain technology, making it interoperable with the ATOM and ETH blockchains. The Tectonic platform launched in late 2021, and it shares similarities with popular Decentralized Finance (DeFi) platforms.
The Tectonic protocol aims to provide users with seamless and secure digital currency money market functionalities. Tectonic users can borrow liquidity from the market by providing collateral that exceeds the value of the borrowed asset. They can also provide liquidity to generate passive income. The returns on assets deposited by Tectonic liquidity providers are based on dynamic rates dictated by market demands.
Tectonic’s benefits include:
- Users can access other cryptocurrencies for ICOs or bonding without liquidating their original coins.
- Traders can take crypto loans for short-term trading or farming opportunities.
- TONIC holders can earn interest by providing assets to the Tectonic protocol without actively managing their assets.
According to the Tectonic roadmap, it will add more tokens in Q1 2022 to significantly increase the list of tokens supported for borrowing and lending. Cosmos-based assets and other top-priority EVM-compatible assets will make up the list.
What is $TONIC?
The native token of the Tectonic protocol is $TONIC, and it powers the ecosystem’s incentive program. TONIC has a total supply of 500 trillion tokens. The somewhat ridiculous supply of the token has generated skepticism among potential investors. However, the development team has reiterated its asset’s good spread.
Since the launch of the Tectonic project, TONIC’s market price has seen significant growth because of the development of the network. The Tectonic project has garnered interest from stakeholders in the crypto space and was recently onboarded by the cross-chain DeFi dashboard, Ape Board, because of its value. VVS Finance is another protocol that supports the Tectonic platform. In addition, the surges and growing interests in TONIC are also due to the substantial token giveaways the network offers.
Native token distribution
According to Tectonic tokenomics, 23 percent of TONIC’s supply is allocated to the protocol team. This allocation has a vesting period of 4 years and a daily release clause. Also, the project development team has earmarked 13 percent or 52.5 trillion tokens for ecosystem-related initiatives, partnership development projects, advisory teams, etc. In this case, there is no stipulated vesting schedule, and the tokens will only be released for activities according to the growth of the Tectonic ecosystem.
Community incentivization gets a whopping 50.9 percent of TONIC’s total supply. Members who partake in community activities and protocol operations receive participation incentives, including mining and staking rewards paid out in another equivalent token.
TONIC allocates 0.1 percent of its total supply to airdrops, and the remaining 13 percent is reserved for network security and maintenance, such as security audits, infrastructure upgrades, etc. Security and maintenance allocation also has no vesting schedule and are unlocked upon protocol launch.
Tectonic price historical analysis
According to the historical data obtained from Coinmarketcap, Tectonic (TONIC) got listed on December 23, 2021, with an opening price of $0.000004027 and a trading volume of $7,695,883. TONIC reached its ATH of $0.000004029 on the same day. A few days later, the token experienced a sharp decline in trading volume and price due to massive selloffs and the general plunge in the crypto market.
By January 24, 2022, the price of TONIC had bottomed to its all-time-low (ATL) level at $0.0000004014. Over 30 days, TONIC initially showed a bullish momentum as the coin reached a maximum price of $0.000001903, after which its value began declining.
Its 7-day price movement has been quite bearish, with the token’s price reaching as low as $0.0000008913.
What affects the price of Tectonic?
Just like with any other asset, the price action of Tectonic is driven by supply and demand. These dynamics are influenced by fundamental events such as halvings, regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events.
When trying to make a Tectonic forecast, many traders also try to monitor the activity of TONIC “whales,” which are entities and individuals that control large amounts of TONIC. Since the Tectonic market is relatively small compared to traditional markets, “whales” can cause a big stir and influence Tectonic’s price movements.
Tectonic technical analysis
Tectonic’s current price is $0.00000086. Tectonic has a supply of 0 and a market capitalization of $0.
The cryptocurrency’s value has dropped by -2.43 percent over the last 24 hours. You can observe this by comparing the TONIC’s current market value to the previous day’s value.
This currency faces an uphill challenge to gain acceptance in the crypto community. This week, TONIC has fallen about 11.76 percent. As of late, the currency has been demonstrating risky formations. It may have solid foundations, but we do not expect it to be a successful asset in the near future.
Tectonic price prediction 2022-2030
Using deep artificial intelligence-aided technical analysis of Tectonic previous price data, we predicted the long-term future of Tectonic’s value. TONIC coin’s prior price, market cap, volume, and a few more factors are all included in the historical data used in this analysis. Read our forecasts if you want to invest in digital currency and hope to get a decent return.
Tectonic price prediction 2022
Based on our in-depth technical analysis of previous price data, we expect Tectonic’s price to drop as low as $0.00000139 in 2022. The average trade price for TONIC is $0.00000145, which has a maximum price of $0.00000164.
Tectonic price prediction 2023
A minimum price of $0.00000211 is projected for Tectonic in 2023. Tectonic’s price might reach a maximum level of $0.00000245 with an average price of $0.00000218 in 2023.
Tectonic price prediction 2024
Based on the projected price and technical analysis, we expect the price of Tectonic to be $0.00000307 at the lowest level in 2024. With an average trade price of $0.00000317, the TONIC price may rise to a high of $0.00000375.
Tectonic price prediction 2025
In 2025, the price of 1 Tectonic coin is predicted to drop to $0.00000445 at the very least. In 2025, the TONIC price is expected to reach a high of $0.00000538 and a low of $0.00000461 on average.
Tectonic price prediction 2026
According to this estimate, it is predicted that Tectonic’s price falls to as low as $0.00000620 in 2026. TONIC’s price might reach a high of $0.00000768 with an average prediction price of $0.00000638.
Tectonic price prediction 2027
Tectonic price is expected to fall to a minimum of $0.00000887 in 2027, based on our extensive technical research of TONIC’s previous price history. While trading at $0.00000919, the Tectonic price may reach a high of $0.00001087.
Tectonic price prediction 2028
As early as 2028, the price of Tectonic is expected to drop as low as $0.00001289. If trading at $0.00001335 on an average during 2028, the Tectonic price may rise to $0.00001555.
Tectonic price prediction 2029
With a price prediction of $0.00001949 in 2029, the value of Tectonic is predicted to be at its lowest point. With a maximum value of $0.00002287 and an average value of $0.00002016, the TONIC price ranges from $0.0000 to $0.00002.
Tectonic price prediction 2030
A minimum price of $0.00002885 has been estimated for Tectonic in 2030. On an average market price of $0.00002986 until 2030, the price of Tectonic might reach a high of $0.00003403.
Comments from the community
Is TONIC a shitcoin?
Complaints from a Redditor: I provided liquidity on TECTONIC instead of staking my CRO but the thing is, Tectonic pays you in TONIC coins which have done nothing but gone down rapidly this whole time.
Here’s another thing: They charge you 7 CRO to redeem your tonic coins every time. That’s more than 3 dollars to redeem 8 dollars worth of TONIC that took weeks to accumulate and this whole time, the accumulated tokens decrease in value the whole time.
It’s kind of feeling like I am being fooled and tricked. What do you guys think about tectonic?
Won’t anyone from Tectonic respond?
Conclusion
Tectonic has had a profound impact on several industries since its inception. Several regulatory agencies have recognized the coin, and a dedicated team of devs is working tirelessly to grow its popularity. TONIC could reach or exceed the predicted prices if all goes well, although the token is still down by over 64% from its current ATH. However, it would be best if you did your research as a trader or investor before jumping in on the TONIC hype or any coin at all.
FAQs about Tectonic
How much will the Tectonic be worth in 1 year?
According to our predictions, we expect TONIC to reach a maximum price of $0.00000148 in 1 year.
Is Tectonic a good investment?
Our predictions align with the current hype surrounding TONIC. Crypto could be a good investment for the future. Just be sure to watch the metrics closely before investing.
How much will the Tectonic be worth in 10 years?
We expect TONIC to reach newer heights in the coming years, and by 2032, it could well be trading above $0.00003000.
How to buy a Tectonic coin?
Tectonic is available on a few exchanges, including Crypto.com, VVS Finance, and Hotbit. Currently, Crypto.com has the highest trading volume and liquidity for TONIC. The trading pairs available on these platforms include TONIC/USDC, TONIC/USDT, WCRO/TONIC, and VVS/TONIC.
After February 14, 2022, 00:00 UTC, Tectonic will be reducing the collateral factor of the TONIC market from 55 percent to 20 percent to 3 percent daily. This may result in some accounts with active loans against TONIC collateral liquidation. Please repay or top-up collateral so that your Account LTV is well below your Account Liquidation LTV before February 14, 2022
How profitable Is Tectonic (TONIC)
Tectonic’s value is based on the premise that its scarcity will inspire a rise in value. Please be aware that speculating has some risks. Before making any decisions on your Tectonic price prediction, please do a thorough investigation.
For the year 2022, how much will TONIC cost?
Towards the end of 2022, the TONIC price is expected to reach a maximum of $0.00000161.
With the right collaborations and developments, TONIC can gain many new users. Tectonic value might skyrocket if the market decides to back the crypto. However, TONIC might swing up and down as the market takes its course. Tonic price prediction for 2022 expects a maximum price of $0.00000148 and a minimum price value of $0.0000004014.
Some traders try to identify candlestick patterns to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Tectonic price analysis
How to use patterns in price prediction
Commonly bullish candlestick patterns
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
Common bearish candlestick patterns
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
Tectonic price is positively correlated with the top 10 coins by market cap with a value of 0.589, excluding Tether (USDT), and positively correlated with the top 100 coins by market cap excluding all stablecoins with a value of 0.489.
Currencies that are positively correlated with Tectonic indicate that the movement has a statistically significant weight to lead the other in the same direction. In a negative correlation, a move in one direction for Tectonic would translate into a move in the opposite direction for the negatively correlated coin.
