StormX is a mobile app and browser extension that provides cashback (in cryptocurrency) to its users for their online purchases. It is one of the first cryptocurrency-based solutions that provides cryptocurrency cashback to make purchases in fiat currencies. It also provides cashback of up to 87.5% for some of the purchases depending on the online store and StormX membership level. After the Covid-19 pandemic, there was a surge in global e-commerce because online shopping was a more practical alternative then. However, born out of necessity, online shopping is now included in our daily lifestyles. The report states that global e-commerce will grow at a rate of 10.4% by the end of 2023.
The following are the main primary use cases of STMX coin:
- Users can bet their STMX tokens and earn rewards in return.
- STMX tokens can be used to make online purchases and earn even more cashback with StormX.
- Keeping STMX tokens in wallets provides users with access to higher-level memberships within the StormX platform and thus helps them get more rewards on their online purchases.
What differentiates StormX (STMX)?
- StormX is unique in itself because it is the first crypto cashback platform where users can earn cashback (or rewards) on their fiat purchases online. In addition, users can seamlessly integrate this platform with their daily purchases. Secondly, it is available in 1000+ online stores that offer a huge number of options for users to choose from.
- Now the important question is “Is there any actual utility of StormX?” Well, STMX is just like any other crypto token that users can bet and earn rewards in return. In addition, it is an ERC-20 token and therefore can be integrated with smart contracts and Dapps on Ethereum as well. Hence, STMX serves the purpose of encryption.
- However, there’s more. As we discussed, the StormX platform allows users to earn cryptocurrency while shopping online. And they can do so on a number of well-known websites (as discussed above), so, StormX encryption looks promising in its use cases.
- Note that users can withdraw their tokens earned by StromX once they have a minimum of $0.80 as a cashback balance. Therefore, it can be a good way of passive income for users.
Partnership with StormX
StormX partners with 1000+ online stores, including Nike, eBay, Adidas, Macy’s, Sonos, Nike, Samsung, Lego, Shopee and Lazada.
StormX Price 2023 Prediction: Will STMX reach $1?
The STMX coin is currently priced at $0.005, meaning it will have to grow 200 times to reach a price level of $1. Note that it reached its all-time highest value soon after its launch in 2017, however, the price dropped much earlier than it reached there. So, it would be fair to consider its second highest price of all time (i.e. $0.08) that it reached in April 2021 and grew 30.76 times in just four months.
Therefore, considering its growth of 7.69 times in a month, we can say that the STormX coin needs just over 32 months to reach $ 1. However, the current market situation of liquidity and inflation is not in favor of the cryptocurrency market (including StormX). Therefore, STMX cannot even reach this value in the calculated time. So, reaching $1 is definitely not as easy a goal for the StormX coin as it sounds.
StormX Price Prediction 2023: Will STMX reach $10?
To reach a price level of $10, STMX must grow 2,000 times considering its current market price of $0.005.
As we discussed earlier, StormX grew 7.69 times in a month in 2021, it takes a minimum of 325 months (about 27 years) to reach $10.
Therefore, waiting 27 years for STMX to reach $10 is impractical firstly and secondly, the current market conditions of liquidity and inflation cannot allow this to happen in the calculated time.
Therefore, the StormX coin cannot be expected to reach $10.
StormX Price Prediction 2023-2030
StormX’s price forecast for 2023 is US$0.0102
StormX Price 2024 prediction is US$0.0132
StormX’s price prediction for 2025 is US$0.0180
StormX’s price forecast for 2026 is US$0.0245
StormX’s price prediction for 2027 is US$0.0295
StormX’s price prediction for 2028 is US$0.0397
StormX’s price prediction for 2029 is US$0.0539
StormX’s price prediction for 2030 is US$0.0774
STMX Price Prediction Today
| General outlook | Partially positive |
| 1. The wisdom of the market | positive |
| 1a. Market data | positive |
| 1b. Technical recommendation | neutral |
| 2. The wisdom of the crowd | neutral |
| 2a. Buzz on social media | stable |
| 2b. Social Media Sentiment | neutral |
StormX (STMX) pricing history
Let’s first look at the price history of the STMX token over the past few months to predict whether it can go up or down in the coming months. Please note that its performance in recent months can help us achieve the required context for the future. Let’s discuss:
Above is its chart for 1 year and as we can see that the market price of the STMX token, a year ago, was $ 0.018. So, there is a drop of more than 77.8% in its price in a year, considering its current price of $0.004. In addition, there have been numerous ups and downs stating that the hike was not really continuous. It even peaked at $0.024 during that time.
The price of the STMX token has fallen by more than 42% in three months (although the increase has not been consistent), keeping in mind that its price 3 months ago was $0.0069. However, its price peaked at $0.0073 during this period (as illustrated below).
STMX’s all-time highest value is $0.18 which it reached in January 2018. Subsequently, the price started to fall and is currently priced at $0.004 (again the decline has not been consistent throughout the entire period). Also, its market price a month ago was $0.0052. It means that it has since declined by more than 23%.
Note that the STMX is down 97.8% from its all-time highest price, meaning it has huge room for growth in the future.
StormX Coin Price Prediction (STMX): STMX tokenomics
STMX is the native token of StormX and is an ERC-20 token, which means it is based on the Ethereum blockchain. Being an ERC-20 token, the STMX token is widely tradable and can also be integrated into decentralized applications on the Ethereum network.
STMX has a maximum supply of 12,500,000,000 coins, 80% of which are already in circulation.
Note that StormX, in 2017, minted STORM tokens, and subsequently, the ticker was changed to STMX.
Where can you buy StormX (STMX) coins?
The StormX coin can be purchased on several major centralized crypto exchanges such as Binance, KuCoinm Bittrex, Gate.io, Bitvavo, Upbit, WazirX, and a decentralized crypto exchange, namely UniSwap.