In this post, we will present our opinion and that of the market on the future of Monero as we discuss the XMR price forecasts for 2023 and beyond.
Since this year is almost up, the 2022 Monero price prediction is much more interesting, so we made sure to include that section as well, make sure to scroll to the end.
Now, let’s get to the point.
Before delving into the Monero price prediction and answering the questions of whether Monero is a good investment or not, why Monero will succeed or fail, or while the price of Monero will rise or fall, let’s quickly give a brief look at XMR and its history to date.
Table of Contents:
Monero Intro
When Monero was launched, conversations about Bitcoin’s on-chain privacy capabilities caused a series of privacy-focused projects to enter the digital asset market.
Originally called Bitmonero, Monero has emerged as a privacy-focused cryptocurrency based on CryptoNote, a reference implementation for new altcoins, many of which were later exposed as fraudulent projects. The anonymity of Monero’s payments has attracted significant attention from a panoply of crypto-curious people
.
Monero runs a proof-of-work algorithm called CryptoNight, which is friendly to CPU and GPU mining. New blocks are added to the chain every two minutes on average.
The extraction difficulty adapts after each new block. Monero’s privacy improvements come from CryptoNote, which masks the identities of senders by mixing the ring signature and offers single-use keys to
make transactions untraceable.
Monero Price Prediction
The entire cryptocurrency world is on the brink of complete collapse. Bitcoin is down 75% from its all-time high amid the broadest market declines caused by furious inflation and US Fed rate hikes
.
When you add the most recent collapses of huge players in the sector (FTX, Celsius, Luna, etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore the sell off
.
Our lake still sees some green in 2023, especially in the second part of the year. This is reflected in our 2023 forecasts
.
Right now, Bitcoin needs to find a bottom before we can move in the other direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same — we’ve witnessed this scenario dozens of times in distant and more recent history.
Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from the 1st to the 2nd quarter. We expect whales and other larger market players to finish filling their bags around that time, which will cause a typical and sudden
crypto spike.
XMR Price Prediction 2025
Our forecast model sees XMR reach $625.22 in 2025.
How much will XMR be worth in 5 years?
The price of XMR in 5 years could be around 267.28 dollars
Monero Price Prediction 2030 — 2040
How much will Monero be worth in 2030?
Our forecast model sees Monero reach $1563.04 in 2030.
How much will Monero be worth in 2040?
Our forecast model sees Monero reach $3126.09 in 2040.
Will Monero replace /surpass /surpass Bitcoin?
No, Monero won’t replace or surpass BTC.
Can Monero reach $1000?
Yes, it is possible that Monero could reach $1000 but only in the distant future, after 2030.
Is it worth buying Monero?
We are supporters of moderately risky investments: invest most of your cryptocurrency portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, in this context, it’s worth buying Monero.
Is Monero a good investment?
Monero is, just like all other cryptocurrencies, a risky investment. It has a better chance of going up than down because of the good use case, the well-designed tokenomics, the active community, and a solid team behind
it.
How much will Monero be worth?
For the short-term future, it could reach $96.54. In the long term (8-10 years), it could jump to $1563.04 or even higher
.
Why will Monero succeed and rise in price?
Monero has a good use case, well-designed tokenomics, an active community, and a solid team behind it. All of these are a prerequisite for success and that’s why our prediction model sees Monero rise to $1563.04 in 2030.
Why will Monero fail and fall in price?
Cryptographic projects fail for various reasons. Some of the most common are: the team becomes a rogue and abandons the project, regulators declare it illegal and press exchanges to defraud it, lack of media attention, more successful competitors, lack of a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity expected on the protocol, inability to attract new developers to build on
their platform.
How high will Monero go?
Our prediction model sees the price of Monero explode and reach $3126.09 in the distant future.
What is the short-term forecast for Monero?
Monero will reach $96.54 in the next 90 days, which is a 37% change from the current price of around $153.24.
Can Monero make you a millionaire?
Yes, if you buy a fairly large amount. Don’t expect to invest $100 and become a Monero millionaire. But 100x price explosions are a common sight in cryptocurrencies, so a $10k investment in Monero
could make you a millionaire.
Monero Price Forecast Today — What will the price of Monero be tomorrow?
Monero will hover around $164.91 tomorrow.
Monero long-term future
Vitalik Buterin, co-founder of Ethereum said:
