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Measurable Data Token (MDT) Price Prediction for 2024-2030

Nov 14, 2022 4 min read

Measurable Data Token (MDT) aims to provide a blockchain-based data economy where data providers and buyers can exchange data securely and anonymously. Learn about the perspectives of this project in the following Measurable Data Token price prediction for the next few years.

What Is Measurable Data Token (MDT)?

Measurable Data Token (MDT) is an Ethereum-based decentralized data exchange ecosystem. On this platform, users can monetize their own data, while data buyers can efficiently buy the shared data. Users can share anonymous data points through the MyMDT decentralized application (DApp), for which they get rewards in MDT. Likewise, data buyers must pay for their data purchases with the MDT token.

Measurable Data Token Overview

The MDT token's key metrics as of November 13, 2022, are summarized in the table below.

Coin Name

Measurable Data Token

Coin Symbol

MDT

USD Price

$0.021

Market Cap

$14,295,791.72

24h Trading Volume

$984,676.40

Maximum Supply

1,000,000,000 MDT

Measurable Data Token’s Price History

According to CoinMarketCap, MDT began trading on January 9, 2018, at $0.77. Unfortunately, this token has not been able to trade above its initial price. Its all-time high price occurred on January 10, 2018, when this token sold at $0.86. Soon after, the price dropped drastically. The MDT price remained low, reaching its all-time low on December 17, 2018, at $0.0016.

Although the MDT price has had its ups and downs, it has never exceeded $0.20. As of November 13, 2022, the MDT price was around $0.021, making it the 608th most valuable cryptocurrency per market capitalization.

Measurable Data Token (MDT) Technical Analysis

With a circulating supply (as of November 13, 2022) of 676,157,013 MDT, the market cap of this token was $14,295,791.72. The MDT price has decreased by 1.8% in the last 24 hours. Within the last month, the price of MDT decreased by -22.4%. Likewise, return on investment (ROI) is down by 33.9%. Measurable Data Token has it challenging to get on board with other cryptocurrencies.

Measurable Data Token (MDT) Price Prediction for 2024

In 2024, the MDT price could be as high as $0.070. On average, this token will trade at $0.062, according to TechNewsLeader.  For its part, PricePrediction expects the MDT price to be between $0.048 and $0.058, with an average of $0.050.

Measurable Data Token (MDT) Price Prediction for 2025

Some crypto analysts think the crypto market will enter a new age in 2025. In such a scenario, the MDT price might soar to $0.10, according to TechNewsLeader. On average, this token would trade at $0.08 throughout that year. PricePrediction is also optimistic, with an average MDT price of $0.07 and a maximum of $0.08 in 2025.

Measurable Data Token (MDT) Price Prediction for 2030

The long-term future of the Measurable Data Token is bullish, according to TechNewsLeader. In 2030, the MDT price could be as high as $0.64, averaging $0.55. This price level nears the all-time high set in 2018. For its part, PricePrediction forecasts an average price of $0.46 in 2030, potentially reaching $0.56.

Summary

Based on the price predictions presented above, the MDT price will increase in the coming years. Toward the end of this decade, this token will reach a price slightly below its all-time high set in 2018. However, it is advisable to research this token thoroughly before investing. So far, the performance of this digital asset could be better.

FAQs

Is Measurable Data Token (MDT) a good investment?

It is not easy to answer this question. Measurable Data Token has had a poor performance since its launch in 2018. However, price predictions indicate bullish behavior in the coming years. If you can tolerate the risk associated with this asset, investing in MDT could be profitable in the long run.

Can Measurable Data Token reach $1?

It is unlikely to happen in this decade. Yet, an optimistic MDT price prediction for 2031 indicates the minimum price could be $1 in January of that year.

Where can I buy MDT?

Several exchanges list this token for trading. But if you want to purchase MDT at competitive rates, you can use LetsExchange.io. Our platform is easy to use and does not require registration.


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.

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