District0x is built on the Ethereum blockchain and its native currency is DNT. Developers can use the project’s tools to create districts, which are decentralized marketplaces and communities. Additionally, the platform allows users to use the d0xINFRA to post listings, filter results, earn reputations, and make payments. Many analysts feel that District0x (DNT) has a bright future and that its price will continue to rise as time goes on. Here’s a look at the price prediction for District0x (DNT) and how to buy DNT right now.
Table of contents
- District0x Review
- District0x Price Prediction 2021: How Was It?
- District0x Price Predictions
- Will District0x Reach $100?
- Is District0x a Good Investment?
- District0x Exchange: Where can I buy District0x at the best rate
Launch year: 2017
Founders: Joe Urgo and Matus Lestan
Market cap: $94,272,995
Current price: $0.126
Joe Urgo and Matus Lestan founded District0x (DNT) in January 2017. The District0x platform began as Ethlance, a job marketplace created on the Ethereum platform. The initial coin offering held in June 2017 saw the creators raise $9.78 million worth of Ethereum. The project is now managed by District0x, a San Francisco-based firm run by the two DNT co-founders. Joe Urgo is the company’s president, while Matus Lestan is the technical lead.
When users buy DNT, they get the ability to vote on which districts should be included on the platform. Furthermore, the cryptocurrency can be staked to earn voting rights on the district0x Network. The platform’s voting rights allow it to run on consensus in all its activities, including the district’s branding, design decisions, and new functionality.
The District0x network is distinctive. There is no cost because the initial deposit is refundable. Several successful districts, like the freelance site Ethlance and Name Bazaar, and Meme Factory, are built on top of the network.
Name Bazaar is a platform for swapping ENS domain names, while Meme Factory lays the groundwork for creating NFTs based on well-known and widely traded memes. As a result, the DNT token regulates and supports the District0x ecosystem. Furthermore, the DNT coin enables these districts’ users to contribute to the network by constructing decentralized platforms.
DNT’s initial coin offering (ICO) in July 2017 gave 60% of tokens to participants and raised over $9 million. 18% of the DNT token is set aside for future liquidity, while the co-founders (Urgo and Lestan) own the majority of the remainder.
District0x’s price currently stands at $0.124 with a market capitalization of $94,272,995, making it rank 433 on the market cap chat. DNT has a current trading volume of $15,450,395, according to Coingecko Price Index from the 13th of April,2022. It has a circulating supply of 750 Million DNT coins and a total supply of 1 Billion DNT coins.
District0x Price Prediction 2021: How Was It?
At the start of 2021, the price of District0x was $0.045. District0x hit an all-time high (ATH) price of $0.49 on the 19th of April, 2021, but ended the year with a price of $0.133.
The first quarter of 2021 saw several large pumps, but these gains were corrected over time. District0x could not capitalize on the large altcoin bull run that occurred in the last quarter of 2021. Its peak for the last quarter was $0.187, which happened on the 14th of November; it was unfortunate as most altcoins reached new all-time highs during this period.
The all-time high reached in April outperformed all price predictions for the year, but the 31st of December closing price was adequately examined and forecasted.
District0x Price Predictions
The cryptocurrency market is driven by volatility. Therefore, it is difficult to predict and stay up with current pricing nowadays. In this case, many experienced crypto analysts are involved with the prediction of prices.
On the other hand, Analysts believe District0x has a strong chance of becoming a key player in the digital currency market. Users are drawn to its network because of its ecosystem and district construction.
Here’s a quick rundown of price predictions.
District0x Price Prediction 2022
According to District0x’s price prediction and technical analysis, District0x price may cross $0.14 if the market sees a good bull run in 2022. Long-term investors are expected to keep on holding, and the average price in 2022 will be in the range of $0.098 to $0.10
Other platforms and analysts anticipate that the price of DNT will fluctuate between $0.045 and $0.25 in 2022, with the price hovering around $0.25 by the end of the year.
District0x Price Prediction 2025
DNT has enormous potential; with the right collaborations, the number of users and adoption will skyrocket. DNT might reach a maximum value of $0.34 by 2025. The DNT coin is expected to turn around a little if the market dips over a long period. The average price in 2025 might be $0.29, with a minimum price of $0.28 and a high price of $0.30.
Many platforms and analysts believe that the price of district0x will continue to rise over the next five years, exceeding $0.44 by 2025. Even if the price appears to be exorbitant, you never know. DNT and other cryptocurrencies are highly volatile, and their value can fluctuate dramatically.
District0x Price Prediction 2030
For a long-term prediction on District0x, fundamental analysis is critical. The DNT coin has several advantages in the cryptocurrency market. Due to its independence, the digital economy is beneficial. The network will provide competitive programmable payment, logistical, and storage options as stable currencies evolve.
According to District0x’s price prediction and technical analysis, there is a chance that the average price of DNT will rise to about $1.96 by 2030 if more investors are attracted to the idea. For 2030, the year can end with a maximum price of $2.38 with a minimum price level of $1.91.
District0x Price Prediction Reddit
The majority of Reddit users in the District0x community agreed that the DNT coin is the cryptocurrency to invest in since it has the potential for enormous increases in the coming years.
While crypto enthusiasts worldwide have varied feelings about the DNT coin, most Reddit users agree that District0x will have a lot of experience offering blockchain solutions to many businesses throughout the world in the years to come.
Most users expressed how surprised they are to see the current price value of District0x cryptocurrency. However, they believe DNT is a coin with excellent prospects. With news about more and more adoption on different exchange platforms, the DNT coin is poised for growth.
Will District0x Reach $100?
As of right now, it is impossible but not improbable for District0x to reach $100. However, if the current trend continues, it is certainly possible that DNT could reach the $1 price point in a couple of years.
Is District0x a Good Investment?
If you’re thinking about investing in digital currencies, you should consider district0x. A long-term investment could prove to be quite profitable. If all goes well, it’s expected to reach an all-time high in the next few years. However, factors such as market conditions at the time of the investment will influence whether your investment is good.
In today’s volatile cryptocurrency markets, it’s vital to conduct your research on a coin or token to determine whether it’s a good fit for your investment portfolio, taking your risk tolerance and the amount you intend to invest.
Make sure to do your own research (DYOR).
District0x Exchange: Where can I buy District0x at the best rate
There are different ways to purchase District0x at the best rate. The most popular method is to use a DNT-enabled exchange. You may convert DNT quickly using a variety of instant cryptocurrency exchange providers listed on Swapzone, and you can compare these supported exchangers, their offers, and the exchange rates they choose.
Swapzone is an immediate non-custodial cryptocurrency exchange aggregator. We regularly monitor the best exchange rates for thousands of possible cryptocurrency pairings supported by exchange providers, providing you with information on crypto exchange offers and services to choose the best and convert cryptocurrency instantaneously, with cheap fees and no registration.