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  • Aave (AAVE) Price Prediction: The Right Time To Buy The Dip?

    Aave (AAVE) Price Prediction: The Right Time To Buy The Dip?

    Aave (AAVE) is a decentralized finance (DeFi) money market platform that allows its users to borrow, lend and earn interest with crypto. The idea of a money market is nothing new in the traditional world of finance, but Aave is leading the charge to develop this space in the cryptocurrency market. This article will take a brief look at the tokenomics of AAVE and then cover Aave price prediction in the short, medium, and long term.

    The network’s native token AAVE saw its price sky-rocket from around $30 when it launched in October 2021 all the way to $660 in May of the same year. 

    AAVE’s dramatic growth after it went public was not sustainable, and its price has been steadily falling since and trades below $200 as of writing. However, despite the recent negative trend, analysts expect the token to recover and break past its all-time high in the coming years, so is this the right time to buy the dip on AAVE? 

    What is AAVE Crypto?

    AAVE is the native token that powers the Aave DeFi money market protocol that is governed by a decentralized autonomous organization (DAO). The project is in the top five DeFi platforms and has over $13 billion locked in its lending protocol, according to DeFi Lama

    AAVE is used to pay for transactions, vote on proposals in the DAO, and reward users for staking on the network.

    How Many Aave Coins Are There?

    AAVE is an Ethereum-based ERC-20 token with a maximum supply of 16 million tokens, of which 13 million are already circulating. 

    According to data from Etherscan, the largest AAVE holder is the wallet holding the stake AAVe accounting for 18% of the circulating tokens. In contrast, the second biggest holder is the AAVE reserve wallet. 

    No single entity or group appears to own a significant percentage of AAVE, and there are over 100,000unique token holders, which suggests a very high level of decentralization. 

    Aave Price Prediction 2021: How Was It?

    AAVE started 2021 on a highly bullish note going from $88 on January 1st to just under $300 by the 1st of February, according to data from CoinGecko

    The February spike pushed AAVE over $500, but this new all-time high was followed by a sudden move down, which reversed after hitting $308 in mid-March. 

    AAVE turned bullish after the March dip, and it hit a new all-time high of $631 in the second half of May, representing a 7-fold increase in its price from the start of the year. 

    Although the first half of 2021 was an incredibly successful period for AAVE, the second half was marked by a bearish trend, and by June, the token was trading below $200, and it finished the year around $230.

    Can AAVE return to its all-time high? If the answer is ‘yes,’ then when can we expect it to happen? Let’s see what the analysts are predicting! 

    Aave Future Price

    Aave Future Price

    Out of all the investment assets on the market, cryptocurrencies are one of the most volatile due primarily to their infancy; therefore, forecasting their prices is a complex art. However, expert analysts using the latest technical and fundamental analysts can guide us on the future of this revolutionary technology. 

    Although analysts are a valuable source of information when thinking about investing in crypto, remember always to do your own research as well. 

    Aave Price Prediction 2022

    AAVE started 2022 badly, to say the least; its price plummeted from $255 on January 1st down to $150 by the end of the month and to below $120 in March. 

    An uptick followed the March lows in AAVE’s price, and by early April, it had recovered above $250. 

    The first three weeks of April have not been kind to AAVE; its price dropped below $200, hit a monthly low of $157, and is now trading around $190. 

    According to analysts, the slight recovery in AAVE’s price seen in the second half of April is expected to continue throughout the year with an end of year target of over $230. 

    Aave Price Prediction 2023

    Aave’s DeFi potential has analysts excited in the mid and long term, which is why they expect 2023 to be a bullish year for the cryptocurrency. 

    In 2023 AAVE is forecast to break above $250 early on in the year and continue an uptrend, building towards the $300 mark. Some analysts expect AAVE to close out 2023 just below $300, while more bullish forecasts see it finishing just above it. 

    Aave Price Prediction 2025

    Investors that hold onto AAVE into 2025 are expected to be well rewarded for their faith in the network. 

    In mid-2025, AAVE is forecast to hit $390, and by the end of the year, it could be trading well above $400 and possibly even pushing towards $500. 

    Aave Price Prediction 2030

    Predicting where a cryptocurrency will be by the end of the decade is difficult because of the number of variables that we simply can’t foresee arising; nonetheless, analysts expect the AAVE to close out the decade above $700, with some predicting it could end up over $1000. 

    Is Aave A Good Investment?

    Is Aave A Good Investment? 

    AAVE’s impressive DeFi potential and the fact that it’s currently trading over 70% below its all-time high certainly make it an exciting investment possibility. If the analysts are on the money, then investing in AAVE now could be a very profitable venture in the long term. 

    Although the future looks bright for AAVE, remember that investing in cryptocurrency is very risky always do your own research and don’t risk money you can’t afford to lose. 

    Aave Exchange: How To Buy Aave For ETH? 

    If you expect AAVE to return to its all-time highs, then you might consider adding the token to your portfolio in exchange for ETH. The best way to swap ETH for AAVE is to use an exchange aggregator like Swapzone. 

    Swapzone compares the best exchange rates, transaction speeds, and reviews to find you the best exchange deal. You can swap dozens of cryptos using the site’s smooth interface, which provides you with an estimated exchange rate before you commit to the swap.

    Simply follow these steps to swap ETH for AAVE: 

    1. Follow this link to Swapzone’s AAVE/ETH exchange page. 
    2. Scroll to the bottom of the page and select ETH under ‘You send’ and AAVE under ‘You Get.’ 
    3. Press the blue exchange button. 
    4. Fill out the details. 
    5. Press proceed to exchange. 

    You’ve successfully added AAVE to your wallet at the best market rate! 

  • Where Is TRON Heading To For 2050: TRX Price Prediction

    Where Is TRON Heading To For 2050: TRX Price Prediction

    The native TRON cryptocurrency that DAO issues is called TRX. On the blockchain, TRX is used to power transactions and apps. TRX can also be used to buy any TRC-based token that has been released on the blockchain. This article details what we feel is the most likely price trajectory for TRX over the next few years in our TRX price prediction.

    TRON was launched in September 2017 by Chinese entrepreneur Justin Sun, who formerly served as the Greater China region agent for the Ripple cryptocurrency XRP. The TRON network, which is decentralized, centers on file sharing and entertainment content. The TRON blockchain was launched in June 2018. In July of that year, it merged with BitTorrent, a peer-to-peer file-sharing network. Let’s have a quick project overview before digging into TRON price forecast.

    Tron Crypto Review

    Name: Tron

    Ticker: TRX

    Launch Year: 2017

    Founder: Justin Sun

    Market Cap: $6,226,297,618.45

    Current price: $0.06125

    Tron Crypto Review

    The TRX token represents the Tron network. It serves as the principal coin for the Tron network. While TRX is the main currency on the Tron network, it’s worth noting that the ecosystem also supports other tokens. TRC10 and TRC20 tokens are among them. With these tokens being supported on Tron, developers will have more options when creating dApps for the Tron ecosystem.

    The presence of TRX is required for all of the Tron ecosystem’s technology. The token serves as a fundamental unit for all accounts created on the Tron network. When other tokens are kept in a Tron wallet, each token’s worth is determined by the current value of TRX.

    The Tron ecosystem consists of a sophisticated and secure wallet application, and this is also one of the most well-known dApps associated with the platform. Users that want to buy, sell, or store TRX can do so through the system’s wallet. Alternatively, several mobile wallets have begun to offer support for TRC tokens, including TRX. Specific hardware wallets may also store TRX tokens, giving added protection, especially if you own a large amount of TRX.

    TRON Roadmap

    When TRX first launched in late 2017, it was an ERC-20 token on the Ethereum blockchain, but when it went live in June 2018, it was transferred to the TRON mainnet. The TRON DAO has burned 99.2 billion ERC-20 TRX tokens, or 99.19 percent of the total supply.

    TRON is also working on non-fungible tokens (NFTs) in metaverse games. For example, Bunny Planet is a metaverse gaming project developed on the TRON blockchain, similar to Cryptokitties and Axie Infinity on the Ethereum blockchain. Bunny Planet held an NFT giveaway from the 14th to the 16th of February to promote the game.

    TRX currently has a price of $0.6.125 as per data taken from the CoinMarketCap on the 18th of April 2022, and the current trading volume is $1,121,414,687.54, which has increased by 5.58% in 24 hours. The fully diluted market cap for the TRX is estimated to be $6,226,297,938.90. Therefore, TRX’s market dominance is 0.33%. It has a circulating supply of 101,646,721,097 TRX coins, and the maximum supply is unavailable.

    TRON Price Prediction 2021: how was it?

    TRON Price Prediction 2021: how was it?

    2020 was a good year for cryptocurrencies such as TRON. The year 2021 began with a consolidation that lasted until February. The price rocketed further after the consolidation period to set a high for the year at $0.166 in April. The rest of 2021 was not as bullish, but the price remained stable above $0.081. However, the coin closed the year at around the $0.076 mark, this was lower than many analysts projected, and it was the opposite of the coin’s predicted stability.

    TRON Future Price

    TRON has a very vibrant and supportive community. TRX has a bright future, perhaps even more optimistic than previously thought, based on core principles. Thanks to a planned roadmap and backing from the gaming and gambling industry, the project’s future looks promising. The area covered by Tron (TRX) is constantly growing and has a lot of financial resources.

    TRX is heavily reliant on the market for decentralized apps (dApps). Therefore, all price forecasts are predicated on two other assumptions: the market’s future financial performance and TRON’s competitors’ chance of success.

    TRON Price Prediction 2022

    TRX is predicted to grow slowly but consistently, according to TradingBeasts’ price projection. The current TRX coin price is $0.06125. However, the average price for TRON is predicted to be $0.0775 by the end of 2022.

    TRX’s price is expected to fall through the end of the year, with more significant drops to lows of $0.0600 and $0.0500 by the end of 2022, according to the Long Forecast.

    According to TRON’s price forecast and technical analysis, the TRX price is predicted to cross an average price level of $0.085 in 2022, with a minimum price value of $0.082 expected by the end of the year. TRX is also capable of reaching a maximum price of $0.098.

    TRON Price Prediction 2025

    According to the TRX price prediction and technical analysis, the TRX price is predicted to cross an average price level of $0.28 in 2025, with a minimum price value of $0.26 expected by 2025. Furthermore, TRX has the potential to reach a maximum price of $0.30 in 2025.

    TRON Price Prediction 2030

    According to the TRX price prediction and technical analysis, the TRX price is predicted to cross an average price level of $1.67 in 2030, with a minimum price value of $1.59 expected by the end of 2030. TRX can also reach a maximum price of $1.89 by 2030.

    TRON Price Prediction 2040

    According the TRX price prediction and technical analysis, the TRX price is predicted to cross an average price level of $2.95 in 2040, with a minimum price value of $2.57 expected by the end of 2040. TRX can also reach a maximum price of $3.43 by the end of 2040.

    TRON Price Prediction 2050

    According to the TRX price prediction and technical analysis, the TRX price is predicted to cross an average price level of $2.95 in 2040, with a minimum price value of $2.57 expected by the current year. TRX is also capable of reaching a maximum price of $3.43.

    However, as we move further into the future price predictions, the predictions become less reliable.

    Is TRON a Good Investment?

    Is TRON a Good Investment?

    In today’s volatile cryptocurrency markets, it’s critical to conduct your research on a coin or token to determine whether it fits your investment portfolio based on your risk tolerance and the amount you intend to invest.

    On the other hand, TRON appears to be a good investment with enormous potential. TRX has risen 3,307.1 percent since its all-time low of $0.00180434. Its current move toward decentralization in 2022 is also viewed favourably by the asset.

    Will Tron Ever Reach $1?

    Yes, TRX might reach $1 by 2028-2029; it’s most likely to occur in 2029 if there’s a bullish trend that runs from the end of 2028 till 2029.

    Where Can I Buy TRON Cryptocurrency At The Best Rate?

    There are a few options for getting the best rate when purchasing TRON (TRX). The most common approach is to use a TRX-enabled exchange. You can quickly convert TRX by using one of the many instant cryptocurrency exchange providers listed on Swapzone.

    On Swapzone, you can easily convert TRX using a wide range of instant cryptocurrency exchange providers listed. You can review these supported exchangers, offers, and exchange rates.

    To avoid complications, read their KYC/AML policies and community reviews. Ensure that fees are included in the estimate when making crypto-to-TRON or TRON-to-crypto transactions.

    Steps on how to buy Tron (TRX) on Swapzone:

    • Go to swapzone.io.
    • Select TRON (TRX) in the Send section.
    • Enter the amount you wish to swap.
    • Choose crypto to get in the Get Up To area.
    • Review available offers and their providers.
    • Select a request to proceed with.
    • Enter your wallet address to receive crypto.
    • Make a TRON deposit to a generated address.
    • Rate your exchange provider.
  • Monero (XMR) Price Prediction: Up Or Down?

    Monero (XMR) Price Prediction: Up Or Down?

    Monero, a privacy-provider cryptocurrency, is currently on an upward monthly trend. From its all-time-high of $542.33 in January 2018, the closest price to this was $521 recorded May, 2021, after which Monero entered a downward trend.

    However, the past few weeks have seen a resurgence in Monero’s growth as its price has steadily risen. Crypto investors are left to decide if Monero is a cryptocurrency with the potential to provide great returns on investment in the following months and years.

    This article explains all you need to know about Monero, its price predictions for the upcoming months and years, and how to buy it. Let’s dive in!

    Monero Review

    Name: Monero

    Ticker: XMR

    Launch year: 2014

    Founders: Anonymous

    Market cap: $94,272,995

    Current price: $237.02

    Monero was initially known as Bitmonero and was created as a fork of Bytecoin, a decentralized privacy-based cryptocurrency.

    Bytecoin became the progenitor of Monero when an anonymous member of the Bitcointalk forum suggested changes to Bytecoin, which were termed controversial by the majority of the community and hence rejected.In 2014, an anonymous team of seven set out to create a fork of Bytecoin known as Monero.

    Today, many believe that hundreds of developers have assisted in developing XMR over time.

    Monero (XMR)

    What is XMR?

    Monero (XMR), is a “privacy-centric cryptocurrency” built on the Cryptonote protocol to provide an untraceable and secure cryptocurrency transaction system.

    Because it aims to keep its users anonymous and their transactions private, Monero was built with a unique cryptography that prevents transaction information from being traced. Hence, all transactions on Monero are 100% private, giving it a unique quality that makes it desirable to many.

    While transactions of other cryptocurrencies like Bitcoin can be traced on the blockchain to identify the individual behind selected transactions, individuals who send and receive Monero are obscured from the public eye. No decrypting technology has cracked the anonymity code that Monero provides.

    The following represent the unique features of Monero:

    Unlinkability: Users’ identities are kept 100% anonymous, and transactions are completely secure and private.

    Fungibility: Monero can be exchanged for other cryptocurrencies, thereby promoting its interchangeability.

    With Monero, transactions are anonymous, censorship is absent, decentralization is achieved, and payments are made rapidly at a low cost. However, these distinctive characteristics of Monero have promoted its use for illicit transactions on the darknet. In addition, several governments around the world, especially the U.S, are offering huge sums of money to anyone who can crack the anonymity code of Monero.

    Monero Price Prediction 2021: How Was It?

    On Jan 1, 2021, Monero was trading at $156 but ended the day on a downward trend at $133.83. Monero hit an all-time high (ATH) price of $517.62 on May 7th, 2021, but ended the year at $229.09.

    The first month of the first quarter of 2021 witnessed a small bull run which ended in a significant dip as Monero dipped from its January ATH of $185 to $126 before the end of the month. The price movements of Monero entered a new narrative as Monero entered a bull run that would ultimately result in the ATH of Monero.

    Although Monero saw price corrections, which is normal in every market, April saw a steady upward trend in price, and Monero arrived at its peak price of $517.62 on May 7th, 2021.

    But this massive price attainment was quickly followed by a fast-paced downtrend, and Monero dipped by half to $200. Right from then till the end of 2021, Monero passed the $300 price mark only a few times and closed with a price of $229.09 on December 31st, 2021.

    What is to be expected of the Monero price prediction in 2022? Let’s find out!

    XMR Coin Price Prediction

    The cryptocurrency market is subject to varying volatility ranges, which makes price prediction difficult. However, expert crypto analysts are providing forecasts of positive price movements across different timelines.

    Here is the breakdown of Monero’s price predictions for the upcoming years. These are based on strong fundamental analysis that gives an idea of the possibilities inherent in the Monero cryptocurrency. Please insure that you do your own research before investing.

    Monero Price Prediction 2022

    At the start of 2022, with a value of $229, it soon entered a continuous downtrend. It hit its highest price in 2022 on the 1st of January at $250, plunged to $188 by the 10th of January, and climbed briefly to $228 five days later. However, it was not to be a bull run as Monero began a massive dip which ended at the price of $140 on the 27th of January.

    Monero began an upward trend at the beginning of February, which followed a short correction before a steady monthly trend began. Some analysts attribute this upward trend to the conflict between Russia and Ukraine, which led to increased regulation of financial services, prompting people to adopt safe cryptocurrency alternatives. Monero seems to be the perfect escape from external censorship and regulation as its transactions are secure and anonymous.

    If the market continues its upward trend, Monero’s price is expected to surpass $300 in 2022 as more people adopt its use. Long-term investors would make a good decision by hodling as Monero is expected to cross $300 in 2022.

    Other platforms predict Monero will enter a downward trend and close at a price below $200.

    Monero Price Prediction 2025

    XMR has a solid use case and great growth potential. As Monero keeps innovating and more people adopt its use, the value of XMR will keep increasing.

    By 2025, Monero should hit $620 with a minimum and maximum price of $540 and $870, respectively. Top crypto analysts believe that Monero will continue to increase in price over the coming years and might hit up to $1200 in the coming years.

    Monero Price Prediction 2030

    Monero is a prime cryptocurrency with unique features that will continue to attract users. There’s a good chance XMR will be valued at $2,240, with a minimum and maximum values of $1904 and $2460, respectively, by 2030.

    Monero Price Prediction 2040

    Fundamental analysis is critical to predicting the long-term price of cryptocurrencies. Monero’s price prediction for 2040 ranges from $3840 to $4284. With the right innovative steps coupled with more investors buying into it, Monero is set to be a profitable long-term investment.

    Monero Price Prediction 2050

    With the help of critical analysis, a 20-year price prediction for a cryptocurrency is not impossible. However, many factors affect the price of cryptocurrencies, making it difficult to predict their price in the long term accurately. However, Monero’s price prediction for 2050 lies somewhere between $5160 and $7285.

    Is Monero a Good Investment?

    When considering the large pool of cryptocurrencies to invest in, Monero is a gold option to choose. Recently, Monero has been on a steady monthly upward trend and many predict it to increase rapidly in the coming months.

    However, investing in cryptocurrency is termed risky because of the high volatility associated with the crypto market. It is important that you do your research and invest only the amount you can afford to lose.

    Dogecoin vs Monero: Which one is a Better Investment?

    Monero is a leading privacy-providing cryptocurrency, while Dogecoin is a meme coin with no solid utility. Understanding the unique features of each cryptocurrency will help you drive your investment decisions. You can read more about Dogecoin here.

    How to Sell and How to Buy Monero at the Best Rate?

    You can transact Monero in different ways. One major way is to use cryptocurrency exchanges listed on a non-custodial cryptocurrency exchange aggregator like Swapzone, where you get the best exchange rate to swap different cryptocurrencies with Monero.

    Exchange Monero to Ethereum

    To exchange Monero for Ethereum at the best price you could really use the help of our user-friendly interface. With Swapzone, Monero to Ethereum exchange is really easy with our rich asset selection and offers from 15+ exchange providers. Buy XMR with ETH at the best rate on the market in just a few simple steps:

    1. Select the Ethereum to Monero swap pair.
    2. Enter the total amount of ETH you are going to exchange.
    3. Choose the best ETH to XMR swap offer.
    4. Click on the Exchange button.
    5. Enter your wallet address to receive Monero to your wallet.
    6. Send your ETH deposit to the generated address.
    7. Wait for your ETH-XMR swap to be done.
    8. Receive your XMR to your wallet!

    Buy Monero From PancakeSwap: How and Where?

    You can also buy Monero from Pancakeswap easily on Swapzone.

    1. Select Pancakeswap (CAKE) to swap for Monero (XMR).
    2. Enter the amount of CAKE you want to swap for Monero and select the exchange with the best rate.
    3. Proceed by clicking exchange. Input your wallet address to receive XMR.
    4. Copy the CAKE address shown and forward your CAKE deposit.
    5. Then wait for your deposit to be processed as the CAKE is exchanged for XMR.

    Closing thoughts

    Monero (XMR) remains a leading cryptocurrency that offers financial transactions that are private, secure and user friendly. In the coming years, experts expect Monero’s to double and quadruple as time passes. To buy or sell Monero at the best deals, visit Swapzone, a cryptocurrency exchange aggregator that lists various exchange rates so you can select the best rates for transactions. 

  • Terra’s UST Stablecoin Flips BUSD Making It Third Largest On The Market

    Terra’s UST Stablecoin Flips BUSD Making It Third Largest On The Market

    The Terra Network’s native UST stablecoin has seen its market capitalization surpass BUSD, making it the third-largest-stablecoin. 

    According to CoinGecko, the Terra (LUNA) blockchain’s algorithmically balanced Terra USD (UST) stablecoin surged more than 15% in the past 30-days and hit $17.5 billion earlier today, 18th April, exceeding Binance USD (BUSD) by $100K. 

    UST is currently trailing the top two stablecoin, Tether (USDT) at $80 billion and USD Coin (USDC) at $50 billion. 

    Although the gap between UST and its top competitors is still enormous, the stablecoin has been catching up rapidly; in November, UST had a capitalization of just under $3 billion, but by the end of December, it had hit $10 billion. 

    The enthusiasm surrounding stems from the fact that UST isn’t your typical fiat-backed cryptocurrency like Tether; UST is managed by the Terra network’s unique burn and mint mechanism. 

    Burning LUNA To Print UST 

    One of the major criticisms facing Tether is that regulators have questioned whether the bank accounts backing USDT hold enough dollars to match every USDT on the market. 

    UST doesn’t claim to hold US dollars in some faraway bank account; instead, the network uses a burn and mint mechanism to keep UST pegged to the dollar. 

    The mechanism works by incentivizing participants on the network to either mint or burn UST using LUNA. 

    For example, if UST is trading at $1.5, it means it’s $0.50 off its peg, so LUNA holders are given the option to trade $1 worth of LUNA in exchange for $1 UST, plus they get to hold onto the $0.50 difference. 

    The mechanism has so far proved to be very effective at creating a stable token, and as a result, despite the wild fluctuations experienced by the crypto market in recent months, UST has maintained its dollar peg.

    UST Backed By Bitcoin 

    The Terra Foundation has been hitting the headlines since the foundation’s co-founder, Do Kwon, announced on Twitter in March that the network would buy $10 billion worth of Bitcoin (BTC) to back UST. 

    Kwon claims the foundation will be able to ensure the stability of UST by using BTC as collateral. 

    According to BitInfoCharts, the BTC wallet associated with the Terra Foundation has already purchased over 42,000 Bitcoins ($1.6 billion), leaving it with $8.5 billion to spend in the coming months. 

    Terra’s BTC spending spree resulted in a surge in LUNA’s price from around $90 in March to nearly $120 by early April. 

    LUNA’s price tailed off into the second half of April and dropped below $80 on April 17th, according to CoinGecko

    UST has continued to forge ahead despite LUNA’s price drop; in the last 30-days, its market cap has increased by over $2 billion and shows no sign of slowing down. 

    Use Swapzone To Add Some LUNA To Your Wallet 

    Terra’s UST has taken a unique approach to stablecoins; the token is believed to be a stable and secure way of holding dollar-equivalent tokens on the blockchain. If you plan to move some of your crypto into UST for safekeeping, then Swapzone is here to help. 

    Swapzone compares the best exchange rates, transaction speeds, and reviews to find you the best exchange deal. You can swap dozens of cryptos using the site’s smooth interface, which provides you with an estimated exchange rate before you commit to the swap.

    Let’s say you want to swap some BTC for UST; simply follow these steps: 

    1. Follow this link to Swapzone’s UST exchange page. 
    2. Scroll to the bottom of the page and select BTC under ‘You send’ and UST under ‘You Get.’ 
    3. Press the blue exchange button. 
    4. Fill out the details. 
    5. Press proceed to exchange. 

    Great you’ve added some UST to your wallet without paying sky-high exchange fees.