2021-10-8 17:29 |
In this guide, we will voice our own and market’s opinion on TFUEL future while discussing Theta Fuel price forecast for 2022 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Theta Fuel.
Now, let’s head into it. Before we delve deep into the Theta Fuel price prediction and answer questions if TFUEL is a good investment or not, why will TFUEL succeed or fail or why will Theta Fuel price rise or drop, let’s quickly throw a glance at what is TFUEL and its to date history.
What is Theta Fuel (TFUEL)Theta Fuel (TFUEL) is one of the two native tokens on the Theta blockchain. TFUEL should not be mistaken for Theta Token (THETA), which is the governance token of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.
Theta Fuel, as the name suggests, is the fuel of the Theta Blockchain and is thus in part comparable to the “gas” on Ethereum or NEO. TFUEL serves as a means of payment for transactions, such as setting up caching nodes or interacting and creating smart contracts. However, it can also be earned, for example, by staking THETA or by providing caching power to other users or interacting with the Theta.tv platform.
TFUEL Price Prediction For The Next 90 DaysThe whole crypto market is currently on the verge of a real bull run.
There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap.
Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run.
As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history.
Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash.
CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.
Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
Below is a tabular overview of how will TFUEL develop in the short-term (for the next 90 days), according to our prediction model:
Quick reminder for crypto newcomers
Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.
If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.
If you plan to …
Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.
If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.
If you plan to be a holder, then why not put that crypto to work by borrowing it out on crypto lending platforms.
Below are our recommendations:
Exchange: Binance for highest liquidity and coin choice. Gate.io & KuCoin for gem hunters. ByBit for leveraged trading (Margex for really crazy leverages).
Safe hardware wallet: Ledger Nano X, Trezor or CoolWallet Pro.
Tax Tool: Koinly, Cointracking or ZenLedger.
Charting tools & bots: Bitsgap, Coinrule or Cryptohopper.
Lending platforms: BlockFi (for US residents), YouHodler (for EU and rest of the world).
Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.
Our prediction model sees TFUEL reaching new highs in 2025:
$ 1.54TFUEL price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.
Read also:
Zcash Price PredictionStacks Price PredictionBitcoin SV Price PredictionUNUS SED LEO Price PredictionMaker Price PredictionArweave Price PredictionAmp Price PredictionTHORChain Price PredictionCelo Price PredictionVoyager Token Price PredictionCompound Coin Price PredictionThe post Theta Fuel Price Prediction 2022 – 2025 – 2030 | TFUEL Price Forecast appeared first on CaptainAltcoin.
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