Echelon Prime Price Prediction 2023-2030: Will PRIME reach $100?

Echelon Prime Price Prediction: Echelon Prime is a Web3 platform supporting blockchain-enabled games and a circular economy.

Latest Echelon Prime Price

Number of Holders: 9059 (+1400 in 30 days), Top 100 Holders: 89.6%

Average Holding of Retail Investors (Excluding Top 100): $1809

Echelon Prime Past Performance

Last 7 Days+43.5%
Last 1 Month+104.3%
Since Launch (2023)-18.6%

Latest Echelon Prime News

  • ParagonsDAO has introduced Priming, a new asset management platform for web3 gamers, focusing initially on the game Parallel. The platform, which underwent a comprehensive revamp for enhanced quality and growth potential, is backed by ParagonsDAO and the Echelon Foundation. The centerpiece of Priming is the ‘Explorer’, a sophisticated analytics tool providing detailed gaming and financial insights. It features advanced metrics, custom filters, and tags, initially supporting the Parallel Alpha collection, with more to be added.
  • Priming’s future roadmap includes the ‘Portfolio’ feature, offering comprehensive analysis of web3 gaming portfolios, and further integration of gameplay statistics and marketplace actions. Additional plans involve content-sharing features and a tiered subscription model, all aimed at enriching the gaming experience and providing value to the Echelon community.

Echelon Prime Price Prediction 2023, 2025 and 2030, Aggregated

  • Echelon prime Price Prediction 2023 is $7.89
  • Echelon prime Price Prediction 2025 is $12.6
  • Echelon prime Price Prediction 2030 is $36.1

Echelon Prime Price Prediction: Will PRIME reach $100?

To reach $100, Echelon Prime will need to rise 36 times higher. At $100, PRIME’s Market Cap would be $1.9 Billion. If Echelon Prime were to rise at the rate of 25% every year, it would take 17 years to reach $100.

Given this data, let us look at the feasibility of $100

  • Quality of Investment – Moderate Quality
  • Growth needed to reach $100 – Feasible
  • Market Cap at $100 – Feasible
  • The time needed to reach $100 at 25% growth- Not Feasible

There is only a moderate chance of PRIME reaching $100. However, if 75% of the coins were burnt. The chances would improve. At 75% burn –

To reach $100, Echelon Prime will need to rise 9 times higher. At $100, PRIME’s Market Cap would be $0.49 Billion. If Echelon Prime were to rise at the rate of 25% every year, it would take 10 years to reach $100.

Given the quality of investment, a lot of work needs to be done on use cases to really be valuable to investors.

Echelon Prime Price Prediction Today, Bullish or Bearish Sentiment?

UTC: Dec 8th, 2023 12:11 PM
Overall OutlookNeutral
1. Market's WisdomNeutral
1a. Market DataNeutral
1b. Technical RecommendationNeutral
2. Crowd's WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentSteady

Echelon Prime Price Prediction: Is Echelon Prime a Good Investment?

Echelon Prime Ecosystem is a Web3 platform that provides infrastructure and tooling to support blockchain-enabled games. It promotes interoperability and a circular economy. It has created a P2E (Play-to-Earn) model that facilitates value sharing across the entire community of players, developers, and creators. Unlike traditional companies or non-profits, Echelon aims to promote community-led innovation and support for next-generation gaming within a decentralized environment.

The foundation’s governance will be determined by community-elected leaders known as Emissary Primes, who will manage the platform and direct its future. PRIME tokens will be distributed via skill-based emissions in a play-to-earn (P2E) economy, benefiting players, developers, and creators.

Echelon’s unique ecosystem, including the PRIME token economy

  • The primary utility is participation in Echelon governance, staking, activation of premium Echelon services, and P2E games.
  • PRIME allows players to be rewarded with digital assets and services, purchased exclusively with PRIME, and includes items such as NFTs, in-game cosmetics, and governance access.
  • PRIME has value to content creators as it can be utilized by game development studios and projects that wish to build new games and experiences within the Echelon ecosystem.
  • Additionally, a portion of PRIME and game sink emissions are distributed to token holders who stake PRIME to secure the network and potentially unlock additional voting power in governance.

What is Parallel TCG?

Parallel TCG is a blockchain-based trading card game that introduces innovative gameplay and digital card ownership. It leverages the Ethereum blockchain to enable players to collect, trade, and battle with unique digital cards. Additionally, Parallel TCG integrates Echelon Pay, a payment solution powered by Echelon Prime Foundation, facilitating seamless and secure transactions within the game ecosystem. This combination of gameplay and blockchain technology creates a novel and immersive experience for trading card game enthusiasts.

Where is Echelon Prime Token used?

Echelon Prime (PRIME) token is utilized within the Echelon ecosystem, specifically in the gaming industry, to enhance the gaming experience and facilitate various functionalities. PRIME is integrated into games such as Parallel, an Ethereum-based trading card game, where it serves as an in-game currency for purchasing and trading game assets. Additionally, PRIME is used to access and participate in the Bond System, a marketplace and infrastructure for guilds within the Echelon ecosystem. By holding PRIME tokens, users gain voting rights and governance control over the platform’s future developments, ensuring a decentralized and community-driven approach. Furthermore, PRIME can be staked to earn rewards and incentives, encouraging token holders to actively participate in the ecosystem’s growth. Overall, the Echelon Prime token plays a crucial role in fostering an immersive gaming environment, enabling transactions, and empowering community engagement.

Overall, the proposition does not appear to be undifferentiated, hence classified as moderate Investment

Where can you Trade Echelon?

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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