In this guide, we will express our and the market’s views on the future TFEUL as we discuss Theta Fuel Price Forecasts (TFEUL) 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 Theta Fuel.
Now, let’s get into it.
Before we delve into Theta Fuel’s price prediction and answer the questions of whether TFEUL is a good investment or not, why will TFEUL succeed or fail, or why the price of Theta Fuel (TFEUL) will rise or fall, let’s quickly take a look at what TFEUL is and its history to date.
What is Theta Fuel (TFEUL)
Theta Fuel (TFEUL) is one of two native tokens on the Theta blockchain. TFEUL should not be confused with Theta Token (THETA), which is the Theta blockchain governance token backed by thousands of Guardian nodes managed by the community and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.
Theta Fuel, as the name suggests, is the fuel of the Theta Blockchain and is therefore partly comparable to the “gas” on Ethereum or NEO. TFEUL acts as a means of payment for transactions, such as the creation of caching nodes or the interaction and creation of smart contracts. However, it can also be earned, for example, by targeting THETA or providing caching power to other users or interacting with the Theta.tv platform.
TFEUL price 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.
Theta Fuel Forecast (TFEUL) 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.
Price forecast TFEUL 2025 – 2030 – 2040
Our forecasting model sees TFEUL reaching new highs in 2025:
The TFEUL price in 2030 and 2040 is expected to be a couple of orders of magnitude higher than our 2025 forecast.