In this guide, we will share our and the market’s view of the future of REV as we discuss Revain’s price forecasts for 2023 and beyond.
Keep in mind that you should take this and any other forecast with a grain of salt as predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like Revain.
Now, let’s get into it.
Before delving into Revain’s price prediction and answering questions about whether REV is a good investment or not, why REV will succeed or fail, or why Revain’s price will rise or fall, let’s quickly take a look at what REV is and its history to date.
So, what is Revain?
Revain is a recommendation platform based primarily on blockchain know-how, which allows customers to push away their useful suggestions and, in return, rewards them. The platform’s slogan is “reinventing reviews”. It was launched in 2017 and informative criticism via the Ethereum blockchain from every potential customer and business owner and rewards them with Revain tokens. This has a main advantage over the normal criticism system, which after an evaluation has been published, could in no way be changed/tampered with or deleted.
Revain offers two native cryptocurrencies that are meant to motivate users to write authentic feedback:
- RVN – a dollar-pegged stablecoin used to reward and penalize users and companies in the review process
- REV – a utility token used by businesses to encourage reviews and provide a vehicle for users to withdraw RVN tokens on exchanges
Price REV Forecast for the next 90 days
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon 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 sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
Revain Price Prediction 2023
Our forecast model calls for a temporary shift to a bear market in early 2023 before moving to another lead in Q3 and Q4 of 2023.
REV Price Prediction 2025 – 2030 – 2040
Our forecast model sees Revain faltering in 2025 and falling to $0 or nearly $0.
The REV price in 2030 and 2040 could be close to zero as we don’t see a bright future for it in the distant future. The project doesn’t offer any unique value to stand out from countless competitors, so we don’t think it’s worth investing in this coin in the long term.