XDC Price Prediction 2023- 2032
- XDC Price Prediction 2023 – up to $0.04
- XDC Price Prediction 2026 – up to $0.14
- XDC Price Prediction 2029 – up to $0.40
- XDC Price Prediction 2032 – up to $1.28
Have you heard it said, “Not every utility is as resistant as $XDC. You can’t compare XDC to others.” The XDC token is the underlying utility token of the XinFin hybrid blockchain. XinFin, an EVM-compatible, Proof-of-Stake powered smart contract blockchain, is one of the platforms leading the charge on high-efficiency platforms. What’s for the XinFin Network in 2023?
The XDC token acts as a settlement mechanism for dApps built on the XinFin hybrid blockchain. XDC price prediction could well be light in crypto winter. Have your own application built on XDC Network? List it here: https://xinfin.org/xdc-utility
XDC is a NETWORK (like Ethereum) that offers SMEs (small to medium enterprises) a financial platform in which to run their business. Instead of using archaic banking practices that don’t properly store information or have slow bureaucratic processes. SMEs can now use XDC, which will log every financial action taken via their business on the blockchain, ensuring security BUT also automating a ton of financial processes that will make it seamless and easy to use.
How much is XDC worth?
Today’s XDC Network price is $0.024968 with a 24-hour trading volume of $2,714,709. XDC Network is up 0.33% in the last 24 hours. The current CoinMarketCap ranking is #86, with a live market cap of $307,225,497. It has a circulating supply of 12,305,012,699 XDC coins and the max. supply is not available.
Let us dive into the background of the XDC coin before moving on to XDC price prediction to know whether to include it in your crypto portfolio or just to know the price movements of native coins in the blockchain space.
- XDC trading is now available on the Kinesis Exchange
- Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network
- XDC Network price analysis: XDC token Price corrects down to $0.0615 amid bearish markets
- Will burning add value to deflationary coins
What is XDC Network?
Xinfin Digital Contract (XDC) is the native currency of the Exchange Infinite (Xin Fin) platform. Xin fin is a hybrid blockchain protocol capable of switching between public and private modes with the capability of coding for smart contracts.
Xinfin organization based in Singapore, identifies itself as an NGO that works with governments and institutions to bridge the gap in global infrastructure. Using the Xinfin blockchain network, interested bidders can easily work with the government to finance projects or deliver on tenders. The blockchain assures fast settlement by getting rid of middlemen and other paperwork that may otherwise delay the project.
Xinfin runs on a delegated proof of stake (POS) consensus algorithm that verifies transactions before setting them into blocks. POS algorithms are known for their high energy efficiency when compared to Proof of Work (POW). The POS algorithm is delegated in that the Sin fin community votes or delegates their XDC tokens to master nodes who then assume the role of verifying transactions. All master nodes are KYC compliant making it easier to work with regulation and centralized financial institutions. Users running master nodes are required to commit 10,000,000 XDC. The XDC acts as leverage for misbehaving or downtime. Masternodes that misbehave have their committed XDC slashed or omitted from the protocol altogether. Users who stake on these master nodes also have their stakes affected.
XDC is a deflationary token. What this means is that the total supply of XDC is continuously dropping, enabled by token burns. Token burn means that tokens are sent to a wallet address in which they can never be recovered. Token burns increase the value of the coins that reduce supply.
The table above shows how Xinfin compares to Bitcoin and Ethereum.
XDC also has an Erc20 token XDCe pegged at a 1:1 ratio. XDCe was meant to leverage the Ethereum ecosystem and help with interoperability. Exchange Infinity is however on track to phase out the token. XDCe holders are expected to be AML/KYC compliant to swap for XDC.
Exchange Infinity has a Sandbox program for developers willing to build in the Xinfin protocol. Startups and freelancers can also apply to the program for community promotion, and technical and financial support.
The three co-founders of the platform, Atul Khekade, Ritesh Kakkad, and Karan Bhardwaj, all have long storied histories in the blockchain ecosystem. Notably, Khekade is an experienced software programmer credited with founding several other tech firms and funding the XDC-powered Blockdegree education platform. Ritesh Kakkad is a serial entrepreneur with multiple ventures in the digital space. Bhardwaj, on the other hand, left the company in 2018 to pursue his own startup, Elatior Tech.
XDC Price History
XinFin protocol was created in early 2017. During the period Xinfin held its ICO and had its first listing on alphaex.net in Q4. The organization raised $15M from its ICO which signaled good market reception. The team opened sales on KoinOK, Bancor, Etherflyer, Alphaex, and Forkdelta at 20% above the token contribution price.
Coinmarketcap recorded the first XDC price at $0.0036 in April 2018. XDC performed poorly until May 2020 when the price broke above the opening price.
XDC registered its all-time low on 20th June 2019 at $0.0001571. XDC began experiencing real price action in 2021 shortly after Exchange Infinity began swapping ERC20 XDCe for XDC in a 1:1 ratio. XDC experienced high price momentum in 2021 with the highest trade volumes recorded during the period. This saw XDC reach its all-time high on 21st August 2021 at $0.1939. Market volatility saw the value of XDC start dropping as we moved into 2022.
XDC.NFT launched earlier this year in 2022, this helped XDC token sell at its highest price for the year at $0.098.
In the last three months, the price of XDC averaged below $0.062 experiencing the lowest prices between March and May.
In the last 30 days, XDC traded between $0.06187 and $0.05298.
XDC price has been a bit bearish in the last 1 week, this might be attributed to the sentiment of the entire cryptocurrency market which has seen altcoins trading lower this week.
XinFin Digital Contract is traded on 22 exchanges, with the top exchanges being Gate.io ($3.48M), KuCoin ($2.34M), and Digifinex ($1.58M). XinFin Digital Contract had an all-time high of $0.183422 9 months ago. Over the last day, XinFin Digital Contract has had 0% transparent volume and has been trading on 92 active markets with its highest volume trading pairs being USDT ($7.67M), BTC ($316,975), and ETH ($296,491).
XDC Network Applications
XDC Network enables enterprises to easily share public verifiable information while at the same time using the same protocol to hide private and sensitive customer information. Blockchain openness helps get rid of middlemen by connecting beneficiaries and financiers. This lowers the entry bar for low-income communities by easing the application and delivery process. Tradefinex by XDC network is a P2P decentralized platform that enables financiers to connect and complete deals with beneficiaries.
The Xin Fin network is ISO 20022 certified. This means that enterprises can easily connect to the platform’s messaging feature through the XDC protocol. The blockchain network helps get rid of the single point of failure in centralized platforms to a distributed ledger system. Examples of enterprises that can integrate into this feature include SWIFT, IFX, OAGi, TWIST, Bank proprietary, EDIFACT, RosettaNet, and FpML.
Centralized vs decentralized and distributed systems
The XDC token can also be used as a payment platform. Its wallet is accessible on the Exchange Infinity network. It leverages the best POS blockchain systems ensuring <$0.00001 transaction fees and completed in seconds with finality. Its distributed ledger makes it easy to track transactions. Other dAPPS built around XDC include Kramaa, Land registry, Turant Pay, Block degree and iFactor.
XDC is the native coin of Exchange Infinity and serves several functions; these include:
- Funding the development of Exchange Infinity and its applications such as Xinfin Web wallet, Xinfin scan, etc.
- An incentive for the Xinfin sandbox.
- XDC for decentralized governance. The community stakes their XDC to vote for changes or updates to the Xinfin protocol.
Some use cases built on the XDC network
- XDSea is the first of its kind decentralized NFT marketplace. The platform is built on the XDC protocol.
- PlugIn is an oracle with a distributed ledger that ensures users get up-to-date data.
- Ledgercount is a decentralized electronic mail platform powered by Pingala software. Emails are sent and verified like blockchain transactions.
- Xswap XRC20 decentralized exchange. The platform aims to rival Pancakeswap and Uniswap as developers create more tokens on the XRC blockchain.
- Tradefinex trading platform for financiers and beneficiaries.
- Travala travel and booking platform with over 2.2M destinations.
- Other projects in the pipeline include Metabloqs metaverse, Eurostasis (a Euro stablecoin), and In factor, an invoicing platform.
Where to buy XDC coins
Recent XDC price analysis shows a correction from the previous lows when XDC fell sharply to lows of around $0.02509.XDC made a significant price change the previous month, reaching a high of around $0.031119.XDC coin has since retraced to the current price of $0.02987, which served as critical support for the month.XDC is up by 15,16 percent in the last 30 days, emerging as the top 10 performers of the month in the entire crypto market.
XDC/USD pair is currently trading above the $0.02850 level and the 55 simple moving average.
However, many of the moving average lines are still bearish in the last 24 hours despite the positive outlook of the cryptocurrency in the last month. The SMA 10 crosses above the SMA 20, while the SMA 30 crosses above the SMA 50. This indicates the market might shift into a bullish sentiment in the near term. The current support levels are seen at $0.0280 and $0.0260. On the other hand, the key resistance level which needs to be broken to validate the bullish trend is $0.03074.The next major resistance is near the $0.0316 level, and the price could start a strong upward move toward the $0.0350 level.
XDC has traded in a range of $0.026 to $0.03119 in the last month, with prices currently testing the $0.029 level, where it has stagnated for the last few weeks. A break out of this level in any direction is imminent as bears and bulls battle for price control, Moreover, it seems the bears are running out of steam as they have not been able to push prices any further downwards. We may expect the bulls to capture the market as the price is approaching the major resistance level of $0.0300.
The bearish market sentiment, however, remains as the Relative Strength index line is currently residing at 38 levels, an almost oversold region. The MACD line is well placed below the red signal line, indicating a complete bearish cycle. However, bulls might gain the upper hand and push prices to the recent highs of $0.03063 that were seen in mid-September.
XDC Technical Analysis
The price of XinFin Network is currently below the 200-day simple moving average (SMA). Since January 1, 2022, the 200-day SMA has been indicating a SELL signal.
XinFin Network’s price is currently below the 50-day simple moving average, and this indicator has been signaling SELL for the last two days, since January 02, 2023. The most recent Bitcoin Death Cross occurred 400 days ago, on November 30, 2021. Meanwhile, the last Golden Cross occurred 700 days ago on February 3, 2021.
According to our technical indicators, XinFin Network’s 200-day SMA will grow in the coming month and reach $ 0.028153 by February 03, 2023. The short-term 50-Day SMA for XinFin Network is expected to reach $ 0.027207 by February 3, 2023. The momentum oscillator Relative Strength Index (RSI) is a prominent indicator that indicates if a cryptocurrency is oversold (below 30) or overbought (above 30). (above 70). The RSI is currently at 44.59, indicating that the XDC market is in a neutral state.
XDC Price Prediction by Cryptopolitan
XDC Price Prediction 2023
In 2023, XDC is expected to have a minimum price of $0.036. Throughout 2023, the XDC Network price might reach a maximum price of $0.043 with an average trading price of $0.037.
XDC Price Prediction 2024
According to our in-depth technical research, XDC is expected to reach a minimum price of $0.054 in 2024. With an average selling price of $0.056, the XDC price can reach a maximum price of $0.064.
XDC Price Prediction 2025
In 2025, the XDC price is expected to fall to a minimum of $0.080. According to our estimates, the XDC price might reach a maximum price of $0.095 with an average predicted price of $0.082.
XDC Price Prediction 2026
In 2026, the XDC price is expected to fall to a minimum price of $0.12. According to our estimates, the XDC price might reach a maximum price of $0.14, with an average forecast price of $0.12.
XDC Price Prediction 2027
According to the forecast price and technical analysis, the price of XDC is expected to reach a minimum of $0.16 in 2027. With an average trading price of $0.16, the XDC can reach a maximum price of $0.20.
XDC Price Prediction 2028
In 2028, XDC is expected to have a minimum price of $0.22. Throughout 2028, the XDC price can reach a maximum price of $0.28 with an average price of $0.23.
XDC Price Prediction 2029
In 2029, XDC is expected to have a minimum price of $0.34. Throughout 2029, the XDC Network price might reach a maximum price of $0.40 with an average trading price of $0.35.
XDC Price Prediction 2030
In 2030, XDC is predicted to be a minimum price of $0.49. Throughout 2030, XDC can reach a maximum price of $0.59 with an average price of $0.51.
XDC Price Prediction 2031
According to the projection and technical analysis, XDC can reach a minimum price of $0.72 in 2031. The XDC has a maximum value of $0.85 and an average value of $0.74.
XDC Price Prediction 2032
According to our in-depth technical research of XDC price history, XDC in 2032 is expected to be approximately priced at $1.07. XDC price can reach a maximum of $1.28, with an average trading value of $1.10.
XDC Price Prediction by Coincodex
According to our Coincodex current XinFin Network price forecast, the value of XinFin Network will fall by -1.61% and reach $ 0.024116 by January 10, 2023. Technical indicators indicate that the current sentiment is bearish, with the Fear & Greed Index reading 29(Fear). Over the previous 30 days, XinFin Network had 14/30 (47%) green days and 9.13% price volatility. According to our XinFin Network forecast, now is not the time to acquire XinFin Network.
Comparing XinFin Network to other significant technological advancements and trends is one method of projecting where the XinFin Network price may go in the long run. The table above illustrates what the XinFin Network price would be at the end of 2024, 2025, and 2026 if its growth trajectory mirrored that of the internet or huge tech companies like Google and Facebook in their boom phase.
In the best-case scenario, XDC’s price projection for 2026 is $ 0.708814 assuming it grows at the same rate as Facebook. If XinFin Network follows Internet growth, the forecast for 2026 is $ 0.081312.
XDC Price Prediction by WalletInvestor
XDC is a poor long-term (1-year) investment, according to the WalletInvestor Forecast System. WalletInvestor’s sophisticated technical analysis updates XDC Network predictions every 3 minutes with the most recent prices.
According to current data, XDC Network (XDC) and its potential market environment have been in a bearish cycle for the previous 12 months. The WalletInvestor Ai cryptocurrency analyst predicts a downward trend in the future and that XDC is not a viable investment for making money. Trading in downturn markets is always more difficult, so if you are a novice, you should avoid this coin. If you are new to investing, always study the best investment strategies. According to WalletInvestor, XDC is a bad, high-risk 1-year investment option if you’re looking for virtual currencies with a nice return.
XDC Price Prediction by DigitalCoinPrice
XDC Network touched 0.00 in the first week of January 2023, when it fell below 0.00 for the first time since January 2021. There is a good probability that the price of XDC Network 2026 Price Prediction will double, but it is also possible that it will not reach its predicted maximum of $0.11. The XDC Network Price Prediction and technical analysis forecast that the cost of XDC Network will reach $0.18 by the beginning of 2029, and the price of XDC should reach $0.18 by the end of the year. In 2032, XDC Network will attempt to achieve a low of $0.46. With an average expected price of $0.47, it may attempt to obtain the maximum and next top tier of $0.48.
XDC Price Predictions by Industry Influencers
The crypto industry has several factors that influence the price of a cryptocurrency. Essentially, a good dev team and an excellent marketing strategy are necessary to propel any cryptocurrency to the self-growth phase. XDC token has established itself as one of the crypto coins with both of these features. It provides a solid network with impressive dev teams that promotes trust among crypto enthusiasts. Crypto experts and influencers on Twitter have backed the coin to continue rising in the long term when the market resumes a bullish trend.
Noncustodial blockchains are crucial for 2023 and XinFin uses the interoperable cross-chain. Think about that and look at other features like fast and secure processing of transactions, particularly in healthcare. So much growth is foreseen for 2023. Ripple can eventually win the case against SEC and then, we can see prices spiking as a consequence.
The XinFin Network enjoys support from a wide range of crypto community enthusiasts. The coin is currently ranked at #90 on CoinMarketCap, making it among the top 100 largest cryptocurrencies by market capitalization. The immense support from crypto enthusiasts within its community significantly boosts its current and future growth rate. The XDC coin has significant support from market experts on social media, an essential recipe for sustaining future growth of prices as predicted above; below is a sample tweet to demonstrate sentiments about XDC by crypto enthusiasts on Twitter.
The XinFin network provides SMEs (small to medium businesses) with a financial platform on which they may operate their company. Instead of relying on antiquated banking methods that don’t correctly preserve data or have laborious administrative procedures. Now, SMEs can utilize XDC, its native currency, which will record every financial transaction taken via their firm on the blockchain to ensure security. It will also automate several financial procedures to make them more accessible and easier to use.
XDC, like any other asset, is determined by supply and demand. Fundamental events such as block reward halvings, hard forks, or new protocol changes can all have an impact on these dynamics. Regulations, corporate and government acceptance, cryptocurrency exchange hacks, and other real-world events can all have an impact on the price of XDC. XinFin Network’s market value might fluctuate dramatically in a short period of time.
Furthermore, the success of XDC Network is heavily reliant on the overall performance of the cryptocurrency industry. When it comes to investing in XDC, you must ensure that you are employing the proper strategy. This investment is not appropriate for those with an asymmetric risk profile. However, it remains a fantastic investment for people with a high-risk tolerance and a stable financial situation. Aside from its speculative nature, XDC provides exposure to worldwide technology and an ever-expanding ecosystem
The XDC coin price prediction appears to be relatively bullish in the long run according to several analyses. The average forecast price of the XDC token continues to rise year by year making it a bullish token for long-term investors.
The XDC coin price prediction is highly dependent on the performance of the XDC network. The XinFin network price forecast considers past prices as well as current market trends to make price projections. Based on the current analysis, the XDC crypto is expected to resume an upward trend in the long term.
As more investors become involved in the project, the price of XDC Network will rise. XDC Network will be worth around $0.041 in 2023. The future of the XDC Network is heavily reliant on the overall performance of the cryptocurrency sector. When it comes to investing in XDC, you must ensure that you are employing the proper strategy. This investment is not appropriate for those with an asymmetric risk profile. However, it remains a fantastic investment for people with a high-risk tolerance provided you do your own research, and study this Xinfin network price forecast. Aside from its speculative nature, XDC provides exposure to worldwide technology and an ever-expanding ecosystem.