XDC Price Prediction. Is XDC a Good Investment?

The XDC Network is a blockchain for enterprises that has earned a good reputation because of its bustling ecosystem of applications. Despite this success, the XDC Network (XDC) token performed poorly before 2021. After significant growth last year, the XDC price dropped during the crypto winter of 2022. So, what are the perspectives of this digital asset? Let us discuss it in the following XDC price prediction for the next few years.

What Is XDC Coin?

The XDC Network (formerly known as XinFin Network) is a blockchain for enterprises that forked from Ethereum. It is EVM-compatible and features interoperable smart contracts. This blockchain utilizes a delegated proof-of-stake (dPoS) consensus mechanism, which makes it energy efficient.

Also, because of the dPoS mechanism, the XDC Network features a two-second transaction time, minuscule gas fees, and over two thousand transactions per second (TPS). Because of these characteristics, the XDC Network is considered one of the “Ethereum killers.” To power transactions and smart contracts, the XDC Network issues the XDC token. The main statistics of this digital asset as of December 5, 2022, are summarized in the table below.

Where Can I Use XDC Cryptocurrency?

The XDC token is a medium of exchange on the XDC Network blockchain. It can be used as an investment vehicle too. If you want to invest in XDC, you can purchase this token on LetsExchange.io. But before you commit to an investment, we invite you to read the following XDC coin price prediction.

XDC Price History

The XDC token was launched on April 13, 2018, at $0.003. The XDC price fluctuated around this value for the next three years. But in February 2021, XDC rapidly appreciated. The price climbed to $0.14 by April 19, dropping again to around $0.05 in the next two months. However, a new price hike ensued, ending at an all-time high of $0.1939 on August 21, 2021. After such a tremendous rally, the XDC price has been progressively decreasing. As of December 5, 2022, this token traded at around $0.022. CoinMarketCap ranks it the 106th most valuable cryptocurrency by market capitalization.

XDC Coin Price Prediction

XDC Price Prediction 2023

In 2023, the XDC price will increase, albeit moderately. For instance, PricePrediction forecasts an average XDC price of around $0.04. TechNewsLeader is more optimistic, expecting the current price to double in 2023. Accordingly, the average XDC will be $0.05 in 2023, with a maximum of $0.60. For its part, CryptoNewsZ predicts a maximum XDC price of almost $0.09 in 2023.

XDC Price Prediction 2024

The XDC price will increase more rapidly in 2024. PricePrediction expects an average XDC price of nearly $0.06. For its part, TechNewsLeader predicts the average XDC price in 2024 will be almost $0.08. CryptoNewsZ has a similar prediction, with an XDC price of $0.09 in 2024.

XDC Price Prediction 2025

In 2025, the average XDC price will be $0.085, according to PricePrediction. Accordingly, the price will reach nearly $0.1, putting XDC on the track to recovery. TechNewsLeader and CryptoNewsZ expect the XDC price to cross the $0.1 line in 2025.

XDC Price Prediction 2027

In 2027, XDC will likely set a new all-time high price. According to PricePrediction, the average XDC price in 2027 will be $0.18, but it can climb to as high as $0.21, shattering the all-time high price set in August 2021. For its part, TechNewsLeader predicts the average XDC price in 2027 will be nearly $0.25.

XDC Price Prediction 2030

By 2030, the XDC price will nearly triple compared to prices predicted for 2027. PricePrediction forecasts an average XDC price of $0.5 in 2030, with a possible maximum of $0.6. For its part, TechNews Leader expects the average XDC price to be over $0.7 in 2030, possibly reaching $0.9.

FAQ

Can XDC reach $0.5?

Yes, it will likely happen toward this decade’s end.

Is XDC a good long-term investment?

According to most price predictions, it can be profitable to invest in XDC, particularly as a long-term investment.

What blockchain is XDC on?

The XDC token runs on its own blockchain, which is compatible with Ethereum via the Ethereum virtual machine (EVM).

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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