StormX (STMX) Price Prediction
One of the biggest problems for the mass adoption of some cryptocurrencies is the difficulty of finding real-world use for them. Moreover, getting to hold cryptocurrency can be cumbersome and intimidating for many laypeople. StormX (formerly STORM) addresses this problem through a digital ecosystem consisting of an app and web browser extension that allow anyone to earn crypto.
StormX allows users to get cashback payments in cryptocurrency from their purchases at online partner stores. It also allows people to earn crypto by performing some microtasks like completing surveys. This ecosystem features its native token STMX, in which the rewards mentioned above can be paid. However, other cryptocurrencies are also used for such payments.
Even though STMX is not mainstream yet, it has consistently ranked among the 300 most valuable cryptocurrencies by market capitalization. But like most digital coins, STMX has considerably lost value this year. So, what can we expect from this digital asset in the following years? Will the STMX price increase in the future? Is it convenient to invest in this coin? Let us discuss it in our next StormX price prediction.
What Is StormX (STMX)?
STMX is an ERC-20 token native to the StormX ecosystem described above. The StormX ecosystem allows people to earn cryptocurrency while they shop, even if they are unfamiliar with the crypto world. They can also earn crypto by completing microtasks. This project was launched in 2015, but it was not before 2017 that STMX entered the trading market.
While some cashback payments made through the StormX ecosystem are in STMX, users can earn other coins like Bitcoin (BTC) or Ethereum (ETH). Besides cashback payments, StormX utilizes STMX for staking and governance. There is a total supply of 10 billion STMX tokens. The following table summarizes key statistics of this cryptocurrency as of September 1, 2022.
StormX Technical Analysis
According to CoinMarketCap, STMX hit the market on December 20, 2017, at $0.0261. Within a short time, this coin reached its all-time high price at $0.2466 on January 9, 2018. However, STMX did not manage to maintain that price level. At the end of 2018, STMX traded at $0.002918.
For the next two years, the STMX price fluctuated between $0.001 and $0.003. In 2021, STMX showed a brief price run, reaching $0.08492 on April 1, 2021. However, this coin’s price dropped again, and by June 21, STMX was trading at $0.01231. The STMX price increased again, reaching $0.05568 on September 3. It ultimately closed the year at $0.02177.
The STMX price has progressively decreased since the beginning of 2022. As of September 1, 2022, this coin traded at $0.0079.
StormX (STMX) Price Prediction for 2024
Most analysts agree that the predicted growth of STMX will continue in 2024. Trading Beasts predicts the STMX price could reach $0.014129 in 2024. According to PricePrediction.net, STMX could reach $0.008686 in that year. Wallet Investor predicts STMX will sell at an average of $0.000997 on December 31, 2024. In contrast, Tech News Leader predicts an average price of $0.025 in 2024.
StormX (STMX) Price Prediction for 2025
In 2025, the growth of STMX is expected to continue. Wallet Investor forecasts the STMX average price will be $0.00128 on December 31, 2025. PricePrediction.net is more optimistic, with a price of $0.003878 by the end of that year. For its part, Trading Beast expects the STMX price to reach $0.016634 in December 2025.
FAQ
Is StormX a Good Investment?
Most price forecasts about StormX’s future are optimistic. Hence, STMX might be a good investment. However, before investing, it would be better if you researched this cryptocurrency thoroughly.
Where Can I Buy STMX?
Several exchanges list STMX for trading. If you want to benefit from very competitive rates (particularly for large sums), you can buy this digital asset from LetsExchange.io. Our platform is easy to use, and you do not need to register to buy and sell crypto.
Does StormX Have a Future?
The project addresses a relevant problem for the crypto industry. As such, we can expect StormX to have a bright future ahead.
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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