In this guide, we will share our and the market’s view of the future of XDC as we discuss the XDC network’s pricing 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, not to mention predicting the future of a new highly volatile financial asset like XDC Network.
Now, let’s get into it. Before we delve into XDC network pricing prediction and answer questions about whether XDC is a good investment or not, why XDC will succeed or fail, or why the price of the XDC network will rise or fall, let’s quickly take a look at what XDC is and its history to date.
What is XinFin Network
The XinFin network is supported by a system of 108 Masternodes. Unlike Ethereum which experiences congestion and high transaction fees, the XinFin network has low fees. Its fast transactions have an average confirmation time of 2 seconds. It also supports interoperability with Ethereum.
Techniques such as double validation, the true randomization process and staking through smart contracts guarantee stability, security, purpose of the XinFin Network chain. There is also the XinFin digital contract (XDC) and all EVM-compatible smart contracts, atomic cross-chain tokens and protocols can be executed on the network.
The team plans to further improve the platform and integrate techniques. These include private chain generation, EVM parallelization, and hardware integration. All are part of the bigger picture and long-term improvements. They will be subject to research and integration into the XinFin network over time.
The XDC token is the native utility token that powers the XinFin hybrid blockchain. This token serves as a settlement mechanism for decentralized applications built on the XinFin Hybrid Blockchain. There are several uses for the XDC utility token, which include MyContract, Kramaa, TradeFinex, iFactor, TurantPay, Land Registry, and Blockdegree.
The XinFin blockchain network has a total supply of 100 billion XDC tokens.
XDC Price Prediction 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.
XDC Network Price Prediction 2023
High inflation and the extremely dangerous macroeconomic situation have been heavily reflected in the price of Bitcoin in 2022. When we take the internal crypto issues with big players like FTX, Celsius, Voyager, Luna going down, 2023 doesn’t look too good for bulls. We’ll likely see a lot of boring sideways price action with a tendency to slide down with each minor market tremor.
XDC 2025 – 2030 – 2040 Forecast
Our forecast model sees XDC reaching $0.0371 in 2025.
How much will XDC be worth in 5 years?
The price of XDC in 5 years could be around $ 0.0244
How much will XDC Network be worth in 2030?
Our forecast model sees XDC Network reaching $0.0928 in 2030.
How much will the XDC network be worth in 2040?
Our forecast model sees the XDC network reaching $0.1856 in 2040.
Will XDC Network replace/surpass/surpass Bitcoin?
No, XDC Network will not replace or exceed BTC.
Is XDC Network worth buying?
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 is worth buying XDC Network.
Is XDC Network a good investment?
XDC Network is, just like all other cryptocurrencies, a risky investment. It is more likely to go up than down because of the good use case, well-designed tokenomics, active community, and a strong team behind it.
How much will XDC Network be worth?
For the short-term future, it could reach $0.0150. In the long run (8-10 years), it could jump to $0.0928 or even higher.
Why will XDC Network succeed and increase in price?
XDC Network has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that’s why our forecasting model sees XDC Network rise to $0.0928 in 2030.
Why will XDC Network go bankrupt and go down in price?
Cryptographic projects fail for various reasons. Some of the most common are: the team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist 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 foreseen on the protocol, inability to attract new developers to build on their platform.
Can XDC Network reach $1?
Yes, it is possible that XDC Network could reach $ 1 but only in the distant future, after 2030.
How high will XDC Network go?
Our forecasting model sees the price of the XDC network explode and reach $0.1856 in the distant future.
Can XDC Network make you a millionaire?
Yes, if you buy a large enough sum. Don’t expect to invest $100 and become an XDC Network millionaire. But 100x price explosions are a common sight in cryptocurrencies, so a $10k investment in XDC Network could make you a millionaire.