Request Price Prediction 2024, 2025, 2030 | REQ Forecast

The Request Network is a decentralized network allowing users to send payment requests, similar to PayPal. This payment system issues the Request token (REQ), a digital coin used to pay fees and other services. As an investment, REQ had excellent performance during the crypto rally of 2017-2018. It also did well in 2021, a good year for most cryptocurrencies.

However, the REQ price has significantly dropped due to the crypto winter of 2022. What can we expect from this token in the future? Will its price increase? Is it convenient to invest in this digital asset at this moment? Please, find the answers to these and other questions in our REQ price prediction for the coming years.

What Is Request (REQ)?

The Request Network will also provide immutable accounting and auditing services thanks to blockchain technology. Besides payment requests, the Request Network plans to offer a wide array of services, including B2B, IoT, and more. However, it faces competition from massive companies like PayPal, Venmo, and Stripe. Moreover, other blockchain projects, such as OmiseGo, are developing similar products.

In 2017, the Request Network issued REQ, an ERC-20 token for paying fees on this platform. This digital asset also serves as an intermediary for cross-currency exchanges. Moreover, REQ gives holders the right to vote in community decisions.

Request Price Chart

As of December 7, 2022, the Request token traded at around $0.091. It is the 182nd most valuable cryptocurrency by market capitalization, according to CoinMarketCap. Other prominent REQ statistics are summarized in the table below.

Coin Name	Request
Coin Symbol	REQ
USD Price	$0.09099
Market Cap	$90,923,108.99
24h Trading Volume	$1,823,911.94
Maximum Supply	999,877,117 REQ

Request Technical Analysis

The Request Network launched REQ through an initial coin offering (ICO) in October 2017. Each token sold at approximately $0.067, raising $33.6 million. This digital asset began trading on exchanges on August 20, 2017, at $0.061. A few days after hitting the trading market, the REQ price progressively increased, reaching $0.35 by December 18. This price hike did not stop until REQ sold at $1.18, its all-time high on January 6, 2018.

After such an impressive rally, the REQ price decreased in the following months, going below its initial price in the first days of August 2018. The price remained at that level for the next two years, setting its all-time low on March 13, 2020, at approximately $0.0046.

In 2021, the REQ price began to surge again. On November 25, REQ traded at $0.77, its highest price in 2021. Then, REQ began to lose value steadily. In 2022, the crypto winter accelerated the depreciation of the REQ token. By mid-June, the REQ price dipped to around $0.07. As of December 7, 2022, REQ traded at approximately $0.091.

Request Coin Price Predictions

We are approaching the end of 2022, and most experts agree that REQ will have no significant price movements until the end of this year. Several sources predict a slight price increase that might take REQ to around $0.1 in the following days.

Request Price Prediction 2024

In 2023, the REQ price will likely experience a moderate increase compared to the current value. CaptainAltcoin predicts the REQ price will fluctuate between $0.11 and $0.12 in 2024. For its part, PricePrediction expects an average REQ price of $0.15 throughout next year. TechNewsLeader is more optimistic, with an average price of $0.18, with a potential maximum of $0.22.

Request Network Price Prediction 2025

Price predictions for 2025 are less consistent. For example, CaptainAltcoin predicts a maximum REQ price in 2025 of $0.11. For its part, PricePrediction forecasts an average REQ price of $0.30, potentially reaching $0.34. TechNewsLeader predicts an average REQ price of $0.37 in 2025, with a maximum of $0.43.

REQ Price Prediction 2030

In the long run, REQ will increase its price. However, predictions differ significantly. CaptainAltcoin forecasts a maximum REQ price in 2030 of approximately $0.3. In contrast, PricePrediction expects an average price of around $1.9, with a maximum of nearly $2.2. TechNewsLeader has a similar prediction, with an average and maximum REQ price of $2.1 and $2.5, respectively.

Final Thoughts

REQ has had good performance in previous years, and although it is performing poorly at the moment, its price will likely rebound in the coming years. As with most cryptocurrencies, you must take REQ price predictions with a grain of salt. Cryptocurrencies are quite volatile, and unexpected events can lead to significant deviations from forecasts. Research the Request token beyond price predictions if you plan to invest in this digital asset.

Request Price Prediction FAQs

Is REQ crypto a good investment?

Most REQ price predictions are reasonably bullish to consider this token a good investment, particularly long-term. If you choose to invest in this digital asset, you can buy it on LetsExchange.io at competitive rates.

Will the Request price go up?

Yes, it will likely increase in the coming years.

Does REQ coin have a future?

The Request Network addresses a relevant problem, a niche with a global market. However, massive companies like PayPal, Venmo, and Stripe already provide services similar to what the Request Network offers. What’s more, other blockchain projects like OmiseGo can be significant competitors. The Request Network must give several advantages over its competitors to attain mass adoption and succeed in the long run.

What will Request be worth in 2025?

REQ price predictions for 2025 vary widely, from $0.1 to above $0.4. On average, one can expect a price of around $0.3.

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