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

Telcoin Price Prediction 2023-2032

Despite the impediments in the crypto sphere, optimism among cryptocurrency traders and enthusiasts has unwaveringly grown. 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, and this Telcoin Price Prediction 2023 – 2032 is one way of making you see TEL in a better light.

Telcoin has officially entered the EU, with multiple on and off-ramp options now live in Lithuania and extending to the rest of the member states in the near future. Read more on the Lithuania connection here.

On 13 May 2022, Telcoin announced the addition of 8 new tokens to the #Telcoin App! Powered by #TELx, Users can trade, send, and store these cryptos smarter. Know more about the new Telcoin ecosystem assets here: $APE, $AXS, $CRV, $GRT, $LINK, $MANA $MKR, $UNI #sendmoneysmarter w $TEL.

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 in replies is also good, which means 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?

Today’s live Telcoin price is $0.002593 with a 24-hour trading volume of $1,431,064. Telcoin is up 0.47% in the last 24 hours. The current CoinMarketCap ranking is #230, with a live market cap of $173,194,076 USD. It has a circulating supply of 66,789,200,558 TEL coins and a max. supply of 100,000,000,000 TEL coins.

What is Telcoin?

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Telcoin (TEL) was created in 2017 by Claude Eguienta and Paul Neuner, and its core mandate is to create a bridge between the crypto space and fiat currencies with the aid of the blockchain. Telcoin Pte. Ltd. is situated in Singapore and boasts a diverse and competent team in Tokyo, Japan.

Telcoin is a decentralized cryptocurrency and remittance system built on Ethereum. Integrating blockchain and the telecom industry was designed to make worldwide money transfers easier. Telcoin aims to take over the remittance market, currently dominated by 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 a 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 consistency in transactions. Also, it determines whether a transaction has some degree of real-world practicality before confirming the transaction.

There are three parts to the Telcoin model: the infrastructure, telecommunications enterprises, and consumers. It guarantees the appropriate application of wallets as well as the network’s implementation. Telcoin users retain complete ownership and management of their tokens, which is commonplace with any decentralized digital coin.

In other words, token holders retain the power to send their tokens straight to a peer wallet. However, due to Telcoin’s security design, activating these transactions requires a minimum of two private keys. This security architecture can further be strengthened by utilizing a multi-signature approach that guarantees a more security-conscious system.

Where can you buy Telcoin?

TEL can be purchased on several popular crypto exchanges. Users can use exchanges like Uniswap, SushiSwap, KuCoin, HitBTC, Bilaxy, 1inch Exchange, and Bitbns to buy, sell, hold, and trade a TEL token.

How to buy Telcoin

TEL can be purchased on a crypto exchange. These cryptocurrency exchanges offering several assets include KuCoin, HitBTC, Bilaxy, 1inch Exchange, and Bitbns. It is impossible to buy a TEL token directly from an exchange at the moment. Users interested in buying Telcoin will have to purchase a different digital asset and then swap the help for TEL. 

All ETH-based wallets are compatible with Telcoin. With further developments in the network’s ecosystem, 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. 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.

Telcoin (TEL) distinguishes itself from the competition in providing efficient remittance and financial services to its consumers. These offerings include incentivized adoption, affordable transaction fees, instantaneous transfers, flexible API integrations, top-notch security architecture, multi-platform compatibility, and the ability to interact with existing mobile money wallets.

The utility token of the Telcoin ecosystem is TEL – an ERC 20 token. Users must own this token 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- this is 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.


Telcoin Overview

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Telcoin Price History

At the inception of the Telcoin (TEL) project in 2017, the maximum token supply on the network was 100 billion TEL. Currently, TEL has a circulating supply of over 54 billion tokens (over 50%). 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. The incentives redeemable by telecom operators amount to 50% of all tokens. Also, ongoing developments and community incentives get 5% of all Telcoin tokens.

Taking a look at the dynamics of Telcoin, its first significant price action was in January 2018, when it hit a market price of $0.00387607. It fell below the $0.001 mark in June 2018 and reached an all-year low price of $0.00014220 in December 2018. TEL spent the first quarter of 2019 between $0.0004 – $0.0007 and ended the year around the $0.00035 mark.

On March 13, 2020, TEL plunged to an all-time low of $0.00006516. The price ramped up until it attained an all-time high of $0.0649 on May 11, 2021. However, a further upside movement was rejected, and the TEL price momentum was reversed.

Historical Price of Telcoin by Tradingview

The current price of Telcoin is trading around the $0.019 mark, with a 24-hour price drop of about 0.21%. However, its market momentum has taken an upward trend in the past few weeks, and a breakout well above the current price is expected soon.

Telcoin Price Movement on a 4-hour chart by Tradingview

Telcoin Technical Analysis

The price analysis for Telcoin is negative. Considering that the price today reached a high of $0.002386. The price function throughout the previous 24 hours has been successfully drawing a slender downward trend line, thanks to the bears. Due to the strong downtrend line, the price did drop to a low of $0.002302 earlier today, but the bulls were able to quickly drive it back up, and it is currently trading at $0.002333.

The fact that Telcoin’s price has established a strong base at $0.0018 suggests that investors are optimistic about the cryptocurrency’s future. The Bollinger Bands indicate that the bulls are already attempting to surpass the $0.0027 resistance level in order to raise the price even higher and profit from their investment.

There is no longer a visible trend direction as the Relative Strength Index (RSI) loops around the overbought region around the 48.70 level. As the MACD line begins to decrease while the signal line stays steady, the Moving Average Convergence Divergence (MACD) indicator shows some negative divergence. This can be a sign that the present upswing in the price is going to cease

Telcoin Price Prediction by Cryptopolitan

By the end of 2023, Telcoin will be priced at $0.004 at its most expensive. The value of the coin then rose, reaching its highest level in five years at $0.022. In 2032, Telcoin will have the highest price, at $0.094. Telcoin has a bright future and a lot of possibilities.

image 252
YearMinimum Price ($)Average Price ($)Maximum Price ($)
20230.0030.0030.004
20240.0040.0050.005
20250.0070.0070.008
20260.0090.0090.012
20270.0130.0130.015
20280.0180.0190.022
20290.0260.0270.031
20300.0390.0400.046
20310.0540.0560.067
20320.0800.0820.094

Telcoin Price Prediction 2023

Our Telcoin price predictions for 2023 are anticipated to reach a high price of $0.004. The minimum Telcoin price forecast of the coin by 2023 is expected to be $0.003. The average trading price of the coin is forecasted to be $0.003.

Telcoin Price Prediction 2024

Our Telcoin Price prediction for 2024 shows that the TEL token prices will increase from their current price. We expect to see the coin reach a minimum price of $0.004 with an average price of $0.005 and hit a high of $0.005.

Telcoin Price Prediction 2025

Our Telcoin TEL price prediction for 2025 is a maximum TEL price of $0.008. The coin is expected to hit its lowest price at $0.007. The average forecast price of the currency is expected to be $0.007. 

Telcoin Price Prediction 2026

Our Telcoin price prediction for 2026 will reach a minimum price value of $0.009 with an average of $0.009 and it is expected by the end of the year to have reached a maximum price of $0.012 in the crypto market.

Telcoin Price Prediction 2027

Our Telcoin price prediction for 2027 is anticipated to skyrocket, reaching a maximum of $0.015. A minimum price of $0.013 is also probable, and the prices could retrace soon to reach an average price of $0.013.

Telcoin Price Prediction 2028

Our Telcoin price prediction for 2028 is a maximum value of $0.022. The Telcoin price should be around an average of $0.019 and a minimum value of $0.018 for the same year.

Telcoin Price Prediction 2029

Our Telcoin price prediction for 2029 shows that TEL could have a bull run, and the price could undoubtedly rise and attain a maximum price value of $0.031. Although the price is seen to rise from the previous year, the coin will have to experience a minimum price of $0.026 and an average trading price of $0.027.

Telcoin Price Prediction 2030

Our Telcoin price prediction for 2030 is anticipated to skyrocket, reaching a maximum of $0.046. A minimum price of $0.039 is also probable, and the prices could retrace soon to reach an average price of $0.046.

Telcoin Price Prediction 2031

Our Telcoin Price prediction for 2031 is expected to reach its minimum price of $0.054 in 2032. We predict that there will be a major bull run with a maximum price of $0.067 and an average price of about $0.056.

Telcoin Price Prediction 2032

Our Telcoin price prediction for 2032 expects further price growth for the digital coin, leading to a maximum price of $0.094. We foresee an average price of $0.082 and a minimum of $0.08. 

Telcoin Price Prediction by Coincodex

The value of Telcoin is anticipated to increase by 2.55% and reach $ 0.002433 by April 15, 2023, according to Coincodex’s most recent price estimate. Coincodex technical indicators indicate that the current mood is bearish, and the Fear & Greed Index is currently reading 62. (Greed). With price volatility of 7.69% over the previous 30 days, Telcoin has 14/30 (47%) green days. According to the Coincodex Telcoin forecast, this is a horrible moment to purchase Telcoin.

The best-case scenario for the price of TEL in 2026 is $ 0.038991 if it grows at the same rate as Facebook. The forecast for 2026 is $ 0.004473 if Telcoin grows at the same rate as the Internet.

Telcoin Price Prediction by DigitalCoinPrice

DigitalCoinPrice’s most recent price forecast for Telcoin is that it will rise by 224.88% and reach $0.00845 by the end of 2025. The present sentiment is Neutral according to all technical indicators, while the Worry & Greed Index, which measures acute worry, is reading 23.46. DigitalCoinPrice’s current Telcoin prediction is to hold the cryptocurrency.

The price of Telcoin rose by 117.16% by the end of April, reaching roughly $0.00511. All indications are currently pointing in the direction of Neutral, and the fear & greed index registers 23.46 high fears. DigitalCoinPrice estimate indicates that now is not the ideal moment to hold Telcoin.

Technical indicators predict that the 200-day SMA will soon decrease and that the price will reach $0.00211 by the end of December. The short-term 50-Day SMA for Telcoin indicates a $0.00241 by December 2023, 2024.

Telcoin Price Prediction by Industry Influencers

According to DeFi Divvy, before the year 2023, Metaverse will see a bullish run and trade in the $0.0067 to $0.0089 range. Additionally, they predict that the coin will continue to trade at $0.36 to $0.56 by the end of 2026 and at $24.38 to $37.94 by the end of 2040 based on their data.

TEL DeFi w/ MetaMask & Outrageous TEL Price Predictions

Crypto Vault, a famous youtube influencer, says that the bulls are on the run in pushing the TEL coin to its higher highs and hit a range of $0.1 by the end of 2030. He says that the coin will trade in bullish momentum and it will trade at $0.0205 in 2023. 

Conclusion

Investors should pay close attention to TEL’s performance. Given that it can pay off for traders and investors in the long run, 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. So, it’s too soon to predict whether the cryptocurrency will become another jewel. According to forecasts, TEL appears to be a wise investment with a promising future in the cryptocurrency market.

The price of Telcoin has a lot of room to rise in the future. Analysts and business gurus have made predictions, and it is obvious from their comments that they think the price will soar to new heights. However, it’s crucial to keep in mind that there is always a risk associated with investments, and you should never invest more than you can afford to lose.

Despite having solid roots, the Telcoin project is still not widely accepted by mobile network carriers and other telecom companies. As a result, it is unclear whether the project will realize all of its potentials. If it does, Telcoin’s price can hit new ATH in the following years.

Investors should keep an eye on the developments of the Telcoin project and the crypto market, in general, to ensure they make the best investment decisions.

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.

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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.

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