Quantstamp (QSP) Price Prediction
Since its launch in 2017, Quantstamp has developed a blockchain-based smart contract auditing protocol. It tries to improve Ethereum smart contracts by detecting potential vulnerabilities. Quantstamp has become a leading provider of expert security audits and blockchain solutions. It has completed several high-profile audits, and its client base includes top crypto companies like Ethereum 2.0, Binance, eToro, MakerDAO, Chainlink, and others. Even the World Economic Forum has entrusted Quantstamp with securing its blockchain applications.
The Quantstamp platform utilizes QSP, an ERC-20 token, to verify smart contracts on its decentralized security protocol. Users can purchase automated scans of smart contracts with this token. On the other hand, validators can earn QSP by helping to provide decentralized security scans. However, despite the relevance of the Quantstamp platform, the QSP token has performed poorly in the last few years. So, what can we expect from QSP as an investment in the coming years? Let us discuss it in the following Quantstamp price prediction.
Coin Name | Quantstamp |
Coin Symbol | QSP |
USD Price | $0.01609 |
Market Cap | $11,484,523 |
24h Trading Volume | $157,365 |
Total Supply | 976,442,388 QSP |
Quantstamp (QSP) Price History
Quantstamp held an initial coin offering (ICO) in November 2017. This ICO was a success, raising $31.3 million by selling each QSP token at 0.0002 ETH (equivalent to $0.072 at the time). The new token caught the crypto community's attention, prompting quick adoption. Soon after its launch, QSP hit its all-time high of $0.866 on January 8, 2018. However, that run was short-lived, and the QSP price plummeted a few days later. On April 5, each QSP token sold at around $0.1. This downtrend continued, and QSP ended in 2018 at approximately $0.015.
In the two following years, the interest in QSP did not revive, and this token’s price stayed low. In the last week of March 2021, the QSP price began to increase, reaching $0.127 on April 1. However, it was around $0.04 by the end of 2021. This token’s price slightly increased during the first half of 2022. But the crypto winter sent the price down, ending the year at around $0.01.
During the first four months of 2023, the QSP token has not shown signs of recovery. As of April 6, 2023, the QSP price was around $0.016. According to CoinMarketCap, QSP is the 772nd most valuable cryptocurrency by market capitalization.
Quantstamp (QSP) Price Prediction for 2024
Next year, the QSP price will continue to grow. PricePrediction expects an average price of $0.032 with a potential maximum of $0.036. TechNewsLeader predicts an average QSP price of $0.034, with a maximum of $0.04. DigitalCoinPrice has a similar forecast, with an average and a maximum price of $0.038 and $0.041, respectively. Hence, your QSP investment at the current price of $0.016 would yield a maximum gain of +156% in 2024.
Quantstamp (QSP) Price Prediction for 2025
The steady growth of the QSP price will continue in 2025. PricePrediction indicates the average QSP price in 2025 will be $0.046, with a possible maximum of $0.053. For its part, DigitalCoinPrice predicts an average price of $0.05, which could reach $0.055. TechNewsLeader forecasts the QSP token will trade at $0.047 on average in 2025, with a maximum of $0.058. It means your QSP investment in 2025 could yield a maximum gain of +262%.
Quantstamp (QSP) Price Prediction for 2030
It is not easy to accurately predict the performance of a cryptocurrency in the distant future. That is the case with QSP, for which price predictions diverge. DigitalCoinPrice indicates an average QSP price in 2030 of $0.16, with a maximum of $0.17. PricePrediction is significantly more optimistic, with an average price of $0.29 and a maximum of $0.35. TechNewsLeder’s forecast agrees with the previous one, with an average price of $0.32 and a maximum of $0.38. So, if you invest in QSP at the current trading price of $0.016, you could reap a maximum gain of +2,275% in 2030.
Conclusion
Blockchain technology is entirely secure, making crypto transactions reliable. However, smart contracts are only sometimes secure. Hence, to prevent vulnerabilities in smart contracts, Quantstamp has come up with a functional solution. As smart contract usage grows, the Quantstamp platform will likely expand and thrive in the coming years. As a result, the QSP will increase its value in the coming years. If you want to invest in this digital asset, you can purchase it on LetsExchange.io at competitive rates and without hassle.
FAQ
Is Quantstamp a good investment?
It might be. Although the QSP token could have performed better lately, price predictions indicate its price will increase in the coming years. However, you must research this digital asset thoroughly before investing in it.
Will Quantstamp go up?
Yes, most price predictions indicate it will.
How high will Quantstamp go?
PricePrediction indicates the QSP could sell at a maximum of $0.75 in 2032.
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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