Monero has been one of the top moves of the recent cryptocurrency spike. The coin started out with a value of about $14 USD in September of 2016. It seems that in 2025 the tables will turn if the Monero(XMR) price predictions are rights
As the Cryptocurrency spike happened in December of 2018 and January 2019, Monero reached a maximum of $400 USD per coin. Since the market has been down since all the glory happened. The currency has been hurt like any other digital currency. Only sitting at $60 USD at the moment, it’s hard to see where the tied is shifting for Monero.
It was a good time to invest in cryptocurrency at the time, but now it seems that it is some golden years that will never be back. Maybe they might. Let’s see on how Monero is looking for the near future.
Checking the forecast from Longforecast.com it seems that the coin will not increase much by 2024. By the end of 2020 is estimated to close at around $72. In December 2021 is going down to $50 USD. December of 2022 is going to be $23.7. December of 2023 is going up to $52.7 and by July 2024 it will be at $79.6. This is the prediction of only longforescast.com. There is another prediction stated by Crypto ground.
Crypto Ground seems to have a lot more faith in Monero. In a year they estimate for the coin to be at $81.92. It seems that their forecast seems to be optimistic on the future of the digital currency because in 5 year they predict for the coin to be sitting at $482.14. They predict this by analyzing the currency’s algorithm. The forecast is only a prediction, so let’s move on to other websites forecast.
Digital Coin’s prediction is another one that gives light to the long-term traders predicting that in 2021 the currency will sit at $104.98. Four years later the currency will increase by more than 100%. It’s estimated to be at $251.51. It will be a good payday for those that are investing long term in the coin. Digital Coin has predictions up to 2026, and the prediction for that year is even greater. It closes at $316.55 which is another great increase for the next two years.
The predictions are in favor of Monero. It will be great time to start investing in cryptocurrency at the moment with Monero having good predictions for the future. Maybe the other coins will meet the same fate if the predictions become a reality.
At the same times the reality of the digital currency world is unexpected, so no one knows what will happen in the future.
The best way of knowing is just making educated guess about each cryptocurrency. Checking their algorithm and their method of trade. The easier it is to trade the more people will buy, and the higher the coin will get.
The bottom line is that these Monero(XMR) price predictions could help you in the future by investing in the crypto world, or they might just become the biggest enemy. Invest what you can lose and educate yourself on trading cryptocurrency. It will help you in the long run when it comes to investing in cryptocurrency.