Loading...

Telcoin Price Prediction 2023-2032: Is TEL a Good Investment?

Telcoin Price Prediction 2024-2033

Blockchain technology has been instrumental in developing novel financial solutions to resolve primary everyday difficulties, and more than ever, the demand for cryptocurrency innovations is on the rise. Telcoin (TEL) is one of these financial products seeking to transform global remittances by bringing decentralized finance (DeFi) to your mobile wallet.

Telcoin is in the EU, with multiple on- and off-ramp options, and it lives in Lithuania and will extend to the rest of the member states shortly. 

Telcoin also provides incentives in lower fees and other benefits, so it is a good deal for those who want to send money. The customer response is also good so you can use this blockchain system for good results. The coin price will rise if further customers are attracted to this blockchain system.

How much is TEL (Telcoin) worth?

The current Telcoin price is $0.003967. Here are more statistics at press time:

24-Hour Trading Volume$1.4 million
% change in 24 hours6.82
Market Capitalization$348 millon
Circulating supply87,649,370
Maximum supply100,000.000.000

Telcoin price analysis

TL; DR Breakdown

  • TEL started recovering in October 2023.
  • Telcoin will unlock 24.84 million TEL tokens this month.

Telcoin has consistently released 24.84 million TEL tokens, and another unlock is scheduled for this month. The impact of such large-scale token unlocks on the crypto market remains a concern and interest. Over the last 12 months, it has gained a modest 10.92% as it corrected from the recent bull run.

TEL price analysis 1-day chart

The MACD indicator shows the coin registered negative momentum as it corrects front the recent high, pushing the coin below $15. The RSI is within the 30-70 neutral zone, which indicates the price is trending neutral, with the price being able to keep RSI in the last two months.

TEL/ USD 4-hour price chart: TEL momentum slows

The 4-hour chart highlights Telcoin’s price price movement this month and the current price. The coin registers little momentum, with its RSI at 30.86.

What to expect from TEL price analysis next?

The analysis shows that TEL is correcting. The coin should move lower in the short term, considering the momentum.

Is Telcoin a Good Investment?

TEL was in a positive momentum this year, which saw the coin rise by almost 500% from 2023,   to reach the year’s high of $0.0055. With the bull market in play, TEL could test more new highs this year. Let us explore the predictions.

Recent News

Telcoin is in the final stages of becoming a regulated digital asset bank in the United States and the world’s first regulated bank issuer of stablecoins. This accomplishment is expected to have a positive impact on TEL’s valuation.

Telcoin Price Prediction 2024 -2033

Telcoin Price Prediction by Cryptopolitan

YearMinimum Price ($)Average Price ($)Maximum Price ($)
20240.00470.00490.0053
20250.00660.00690.0081
20260.00960.00990.0117
20270.01380.01420.0166
20280.02010.02060.0238
20290.02840.02940.0347
20300.04240.04350.0502
20310.06230.06450.0734
20320.09290.09550.1092
20330.13630.14010.1603

Telcoin Price Prediction 2024 

Telcoin average trading price wll be $0.0049. It will rise above $0.005 at its peak to reach $0.0053. It will, however, drop below the mark, reaching $0.0047 at its lowest.  

Telcoin Price Prediction 2025

The price of Telcoin will be at the $0.0069 mark on average. It will rise above $0.008 at its peak to reach $0.0081. It will, however, drop below the mark, reaching $0.0066 at its lowest.  

Telcoin Price Prediction 2026

The price of TEL will trade at $0.0099 on average. It will rise above the 2025 resistance at its peak to reach $0.0117. It will, however, drop below the mark, reaching $0.0096 at its worst.  

Telcoin Price Prediction 2027

TEL will trade at the $0.0142 mark on average. It will, however, drop below the mark, reaching $0.0138 at its lowest.  

Telcoin Price Prediction 2028

TEL will trade at $0.0206 on average. It will rise above the previous resistance at its peak to reach $0.0238. It will, however, drop below the mark, reaching $0.0201 at its lowest.  

Telcoin Price Prediction 2029

TEL will trade at the $0.0294 mark on average. It will rise to $0.0347 at its peak. It will, however, drop below the mark, reaching $0.0284 at its lowest.  

Telcoin Price Prediction 2030

TEL will trade at the $0.0435 mark on average. It will rise to $0.0502 at its highest. It will, however, drop below the mark, reaching $0.0424 at its worst.  

Telcoin Price Prediction 2031

TEL will trade at the $0.0645 mark on average. It will rise above $0.07 resistance at its peak to reach $0.0734. It will, however, drop below the mark, reaching $0.0623 at its lowest.  

Telcoin Price Prediction 2032

TEL will trade at the $0.0955 mark on average. It will rise above $0.1 at its peak. It will, however, drop below the mark, reaching $0.0929 at its worst.  

Telcoin Price Prediction 2033

Telcoin price will trade at the $0.1401 mark on average. It will rise above $0.16 at its peak. It will, however, drop below the mark, reaching $0.1363 at its lowest.  

Telcoin Price Predictions by WalletInvestor

The platform gives Telcoin a past performance index rating of B+ and adds that TEL would make a bad one-year investment. It will average $0.00356 next year. The platform provides TEL price prediction in terms of return on investment (ROI). The ROI is negative over the entire period. It ranges from -4.542% to -51.441% annually.

Telcoin TEL Price Prediction by CryptoPredictions

The site scans a coin’s exchange prices and other historical Telcoin market data and analyses it to provide Telcoin price forecast. The CryptoPredictions platform is bullish on TEL. It indicates that it will have single-point gains over the next four years, ranging between $0.004 and $0.010. The maximum price for the entire period is $0.0096, while the minimum is $0.0047.

TEL Price Prediction by Digitalcoinprice

Digitalcoinprice Tel price forecast is also bullish. The maximum price for the period 2024-2033 is $0.0728. It will break the $0.01 barrier in 2026 and $0.05 in 2030. Closer home, the coin will range between $0.00803 and $0.00960 in 2025.

Telcoin Predictions By Industry Experts

NCashOfficial, on YouTube, is bullish on the Telcoin forecast in this bull cycle. He expects the coin to reach a 6.5 cents target, then ten cents. The rise of the coin is also driven by its utility in bringing DeFi to mobile users.

Telcoin Price History

At its inception (2017), Telcoin (TEL) had a maximum token supply of 100 billion TEL. TEL. One-quarter of the tokens were distributed to investors in a crowd sale, and another 15% was reserved for the development team, including a 5% liquidity fund. 

Telcoin had its best performance in the 2021 bull run. At the time, the coin achieved an all-time high of $0.0649 on May 11. Beyond the period, the coin has consistently traded below the opening price of $0.006. The coin had attained its all-time low of $0.00006516 on March 13, 2020.

Source: https://coinstats.app/coins/telcoin/

Telcoin Overview

MARKET CAPCIRCULATING SUPPLYALL-TIME LOWALL-TIME HIGHPOPULARITY
$345 million87,649,370,414$0.00006516$0.0649#230

More About Telcoin

What is Telcoin?

Claude Eguienta and Paul Neuner created Telcoin (TEL) in 2017 with the vision of bridging the crypto space and fiat currencies with the aid of the blockchain. Telcoin Pte. Ltd. is in Singapore and boasts a diverse and competent team in Tokyo, Japan.

Telcoin integrates the blockchain and the telecom industry to make worldwide money transfers easier. Telcoin aims to take over the remittance market, currently dominated by the likes of Western Union (WU) and other competitors, by partnering with worldwide telecom enterprises, mobile money platforms, and billing platforms to provide consumers with instantaneous and low-cost digital remittances via mobile platform and secure wallet.

Telcoin relies on Proof of Concept (PoC)

Telcoin leverages the best features of the Ethereum blockchain to achieve its goal. It relies on Proof of Concept (PoC) rather than traditional validators to verify transaction consistency. Also, it determines whether a transaction has some degree of real-world practicality before confirming the transaction.

Where can you buy Telcoin?

TEL can be purchased on several popular crypto exchanges. Users can use exchanges like Uniswap, Balancer, and KuCoin.

How to buy Telcoin

TEL can be purchased on a crypto exchange. It is impossible to buy a TEL token directly from an exchange. Users interested in Telcoin must purchase a different digital asset and swap the help for TEL. With further developments in the network’s ecosystem, the TEL coin could be available in more crypto exchanges with the possibility of a direct purchase.

What is Telcoin’s compatibility with e-wallets?

All ETH-based wallets are compatible with Telcoin. Telcoin (TEL) distinguishes itself from the competition in providing consumers with efficient remittance and financial services. 

Users must own TEL to facilitate interactions with the core offerings of the Telcoin network. Telecommunications operators leveraging the offerings of Telcoin can issue TEL tokens. The higher the TEL token integrations a telecom or mobile operator accommodates, the more incentives it earns from the TEL network- in line with the incentivized adoption approach. TEL can be traded on decentralized exchanges such as Sushiswap and Uniswap. Also, it is listed on Kucoin and several centralized exchanges.

Conclusion

Investors should pay close attention to TEL’s performance. In the long run, it can pay off for traders and investors, so it is a useful crypto coin to add to one’s portfolio. The telecommunications business is expected to grow rapidly, which could lead to better user-owned financial products for mobile phones and a bigger market cap for Telcoin.

Despite the Telcoin project’s strong foundation, mobile network operators and other telecom firms have not yet adopted it widely. A factor that may explain its past poor performance. The predictions are not investment advice. Seek independent professional consultation or own research.

FAQs

Is Telcoin an Ethereum-based coin?

Yes, TEL is an Ethereum-based cryptocurrency that was launched in 2017 to bridge the divide between cryptos, blockchain, and the telecom industry.

Is Telcoin a good to add to an investment portfolio?

Based on TEL's price predictions, it is a good investment. However, before investing in any initiative or sanctioning a crypto trade, constantly evaluate historical data on leading exchanges, analyze telcoin technical analysis, do your research, familiarize yourself with fundamental analysis, and seek financial advice from a crypto expert.

Given the TEL price prediction, the coin can hit $0.1 soon. Again, this is not a piece of financial advice; always DYOR (do your own research). It is not enough to rely on a price prediction.

What can you do with Telcoin?

Telcoin is a digital cryptocurrency that is used on the TELx payment network. It can be bought, sold, and traded on a cryptocurrency exchange. It can be stored in a hardware or software digital wallet. It can be transferred peer to peer using the Telcoin app

Disclaimer. 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.

Share link:

Brian Koome

Brian Koome is a cryptocurrency enthusiast who has been involved with blockchain projects since 2017. He enjoys discussions that revolve around innovative technologies and their implications for the future of humanity.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Related News

aptos price prediction
Cryptopolitan
Subscribe to CryptoPolitan