IDEX price prediction 2024 - 2030

Idex is the first hybrid liquidity decentralized exchange (DEX) that blends an order book model with an automated market maker (AMM) to create a seamless trading experience. It uses a clever mix of off-chain trading and on-chain settlement. In other words, trades are matched off the blockchain for speed but settled on the blockchain for security. The result? No more failed trades or wasted money on gas fees, making trading smoother and more efficient. With instant trade execution, users do not worry about front-running or sandwich attacks, where someone else sneaks in a trade before others.

Thanks to the above features, Idex allows advanced order types like limit orders, enabling traders to execute complex strategies and even take advantage of arbitrage opportunities across different exchanges. Idex has big plans for the future; currently operating on Ethereum and Binance Smart Chain (BSC), it plans to launch on more blockchains and add leverage trading.

IDEX is the platform's native utility token. It plays a crucial role in keeping the system running smoothly and securely. It incentivizes liquidity providers, and users can also stake their IDEX tokens to earn rewards and participate in the platform’s governance. Users who hold at least 10,000 IDEX tokens can run a lightweight node, increasing their involvement in supporting the network and earning more rewards.

In this IDEX price prediction, we discuss the future projections for this crypto asset and its worthiness as an investment.

Idex (IDEX) overview

According to CoinMarketCap, IDEX was the 675th most valuable cryptocurrency as of August 2, 2024. The table below summarizes other relevant data for the same date.

Idex (IDEX) price history

IDEX has had a dynamic price history since it hit the open market on May 9, 2019, at $0.03, as reported by CoinMarketCap. This token’s price climbed above $0.06 on June 22 but later stabilized and remained relatively low throughout 2019, ending the year at about $0.009. The DeFi boom of 2020 brought renewed interest in decentralized exchanges. As a result, the IDEX price resurged, hitting $0.12 on August 29. However, it progressively decreased after that hike, ending 2020 at approximately $0.035.

In 2021, the IDEX price climbed again, reaching $0.18 on April 10. However, the price dropped in the following months, trading at nearly $0.03 on June 26. However, at the beginning of September that year, the IDEX price skyrocketed, reaching an all-time high of almost $1 on September 8. After this impressive hike, IDEX entered a downtrend, bottoming at $0.2 on October 27. The IDEX price spiked again, going above $0.4 on December 1. However, it ended 2021 at less than $0.3.

Throughout 2022, IDEX faced challenges due to broader market downturns. This token’s price saw a new downward trend, bottoming below $0.05 on May 14. It remained relatively stable throughout the year and ended 2022 at below $0.04. In 2023, the IDEX price did not show significant changes, except for a short-lived surge on May 5, when IDEX went above $0.1. Eventually, the IDEX price was $0.06 at the end of 2023.

In 2024, the IDEX price soared at the beginning of February, going above $0.1 on March 24. After that hike, the price progressively dropped. As of August 2, 2024, IDEX traded at approximately $0.035.

Idex (IDEX) price prediction

IDEX price prediction for 2024

For the remainder of the year, PricePrediction expects an average and maximum IDEX price of $0.04. BitcoinWisdom predicts an average price of $0.045 and a maximum of $0.05. DigitalCoinPrice is more optimistic, forecasting an average and maximum IDEX price of $0.07. Hence, an IDEX investment at the current $0.035 per token could grow by +100% in the year’s remainder.

IDEX price prediction for 2025

According to PricePrediction, IDEX will trade at an average of $0.05 and a maximum of $0.06 next year. BitcoinWisdom indicates an average IDEX price of $0.07 and a potential maximum of $0.08. DigitalCoinPrice agrees with the last prediction. Therefore, an IDEX investment at the current trading price of $0.035 could yield a +128% return in 2025.

IDEX price prediction for 2026

PricePrediction expects the IDEX token to trade at an average of $0.08 in 2026, with a potential maximum of $0.09. BitcoinWisdom predicts an average price of $0.10, with a maximum of $0.11. DigitalCoinPrice is slightly more optimistic, indicating an average price of $0.11 and a maximum of $0.12. Therefore, an IDEX investment at the current trading price of $0.035 could increase its worth by +243% by 2026.

IDEX price prediction for 2030

According to DigitalCoinPrice and BitcoinWisdom, the average IDEX price will be $0.23 in 2030, possibly reaching a maximum of $0.24. PricePrediction is more optimistic, indicating an average price of $0.39 and a maximum of $0.44. So, an IDEX investment at the current $0.035 per token could grow by +1,157% by 2030.

Conclusion

Although the IDEX token currently trades at a low value (almost its open price in 2019), price predictions are optimistic about this asset. IDEX will likely increase its price in the coming years. However, the best returns are expected for long-term investments. If you plan to invest in IDEX, you must research this token beyond mere price predictions. Moreover, it is best to invest cautiously in this asset.

FAQs

Is IDEX a good investment?

IDEX might be a fair long-term investment. However, it is best to research this crypto asset thoroughly before investing.

How high can IDEX go?

PricePrediction indicates that IDEX will trade at a maximum of $1.3 in 2033, $24.9 in 2040, and $32 in 2050.

Where can I get IDEX tokens?

You can get IDEX from LetsExchange.io at competitive rates.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.