MultiversX EGLD Price Prediction 2024-2030

MultiversX EGLD Buy or Sell Poll [New]

What are the Signals and Predictions?

MultiversX EGLD Price Prediction, Next 24 Hours	$38.6 - $38.8
MultiversX EGLD Price Prediction, This Week	$37.7 - $42.4

MultiversX EGLD Price Prediction 2024 -2025-2030, Aggregated

MultiversX EGLD Price Prediction 2024	$57.5
MultiversX EGLD Price Prediction 2025	$89.1
MultiversX EGLD Price Prediction 2026	$126
MultiversX EGLD Price Prediction 2027	$154
MultiversX EGLD Price Prediction 2028	$208
MultiversX EGLD Price Prediction 2029	$296
MultiversX EGLD Price Prediction 2030	$432

Can EGLD Reach $10000?

To reach $10000, EGLD will need to rise 259x. At $10000, the target market cap will be approximately $269.31 billion. If EGLD were to rise at the pace of 25%, it will take approximately 25 years to reach $10000.

Let us evaluate this data

• Quality of Investment– Moderate
• Growth required to reach $10000– Not Feasible
• Market Cap at $10000– Feasible

EGLD is unlikely to reach $10000 anytime soon. At $10000, EGLD’s market cap would be close to Ethereum’s market cap and it is likely to take an infinite period to reach that level. MultiversX will need significant innovations that drive its popularity to much higher levels than now. For example, awareness levels of EGLD in 2023 are less than half of what Ethereum was in 2016. No doubt that Ethereum operated in a less competitive environment at that period but category awareness was also quite low then. The level of competitiveness and awareness in 2023 and going forward makes the job of Multiversx that much tougher now.

Can EGLD Reach $1000?

To reach $1000, EGLD will need to rise 26x. At $1000, the target market cap will be approximately $26.93 billion. If EGLD were to rise at the pace of 25%, it will take approximately 15 years to reach $1000.

Let us evaluate this data

• Quality of Investment– Moderate
• Growth required to reach $10000– Not Feasible
• Market Cap at $10000– Feasible

Considering the data it seems to suggest the following:

• EGLD’s recent performances or even its performance since launch do not suggest it is a highly differentiated coin that attracts the interest of investors. That makes the task tougher for it to reach $1000. It is not impossible though
• EGLD will need multiple excess liquidity events OR some major innovations to move faster to that goal.

Overall, it appears EGLD has a moderate chance of reaching $1000.

Also Read: GateToken Price Prediction

~Charu Taneja

Note: Please consult a registered investment advisor to guide you on your financial decisions.