StormX Price Prediction 2023-2030: Will STMX reach $1?

Latest StormX Price

StormX Performance in the Last 12 Months, May 19th

• Last 5 Days: +1.7%
• Last 1 Month: -23.8%
• Last 6 Months: -11.2%
• Last 12 Months: -51.2%

Stormx Price Prediction for the Next 6 Hours

StormX Price for the Next few Hours will be in the range of 0.00293 and 0.00393

StormX Price Prediction: Technical Analysis, May 19th

The technical analysis for STMX indicates a Sell sentiment

• The moving averages and technical indicators indicate selling, with no signals to buy
• The RSI(14) is 37.202, and the MACD(12,26) is at -0.000, both show a sell signal.
• Indicators such as STOCHRSI(14) and Williams %R denote that StormX is oversold
• All moving averages also indicate a Sell.

Check out the latest Crowdwisdom360 Outlook Indicators which is updated twice a day.

STMX Price Prediction Today

StormX Price Prediction 2023: Is StormX a Good Investment?

StormX is a mobile app and a browser extension that provides cashback (in cryptocurrency) to its users for their online purchases. It is one of the first crypto-based solutions that provides cashback in crypto for making purchases in fiat currencies. It even provides cashback of up to 87.5% for some of the purchases depending upon the online store and the membership level with StormX. After the Covid-19 pandemic, there was a surge in global e-commerce because online shopping was a more practical alternative back then. However, born out of necessity, online shopping is now included in our everyday lifestyles. The report says that global e-commerce will grow at a rate of 10.4% by the end of 2023.

Following are the major primary use cases of STMX coin:

• Users can stake their STMX tokens and earn rewards in return.
• STMX tokens can be used to make online purchases to earn even more cashback with StormX.
• Holding STMX tokens to the wallets provide users with access to higher tier memberships within the StormX platform and thus helps them get increased rewards on their online purchases.

What differentiates StormX (STMX)?

• StormX is unique in itself because it is the first ever crypto cashback platform where users can earn cashback (or rewards) on their online fiat purchases. Moreover, users can seamlessly integrate this platform with their everyday purchases. Secondly, it is available in 1000+ online stores which provide a huge number of options for users to choose from.
• Now the important question is “Is there any actual utility of StormX?” Well, STMX is just like any other crypto token that the users can stake and earn rewards in return. Moreover, it is an ERC-20 token and therefore can be integrated with smart contracts and Dapps on Ethereum as well. Hence, STMX serves the purpose of crypto.
• However, there is more to it. As we discussed that StormX platform allows users to earn cryptocurrency while they shop online. And, they can do it on a number of known websites (as discussed above), hence, StormX crypto seems promising in its use cases.
• Note that the users can withdraw their earned tokens from StromX once they have a minimum of $0.80 as a cashback balance. Thus, it can be a good way of passive income for users.

StormX partnerships

StormX is partnered with 1000+ online stores, including Nike, eBay, Adidas, Macy’s, Sonos, Nike, Samsung, Lego, Shopee, and Lazada.

StormX (STMX) Price History

Let us first overview the STMX token’s price history for the past few months to predict whether it can go up or down in the coming months. Note that its performance in the past months can help us gain the required context for the future. Let’s discuss:

Image: STMX’s one-year graph

Above is its graph for 1 year and as we can see that the market price of the STMX token, one year ago, was $0.018. Hence, there is a decline of more than 77.8% in its price in one year, considering its current price of $0.004. Also, there were numerous ups and downs stating that the hike wasn’t really continuous. It even reached a peak at $0.024 during that period.

STMX token’s price has decreased by more than 42% in three months (though the increase was not consistent), keeping in mind that its price 3-months ago was $0.0069. However, its price reached a peak at $0.0073 during this period (as depicted below).

Image: STMX’s 3-month graph

The all-time high value of STMX is $0.18 which it achieved in January 2018. After that, the price started to fall and is currently priced at $0.004 (again the decline wasn’t consistent during the entire period). Also, its market price a month ago was $0.0052. It means that it has decreased by more than 23% since then.

Note that the STMX is 97.8% down from its all-time high price, meaning that it has a huge scope for growth in the future.

StormX (STMX) coin price prediction: STMX tokenomics

STMX is the native token of StormX and it is an ERC-20 token, meaning that it is based on the Ethereum blockchain. Being an ERC-20 token, the STMX token is widely exchangeable and can also be integrated into decentralized applications on the Ethereum network.

STMX has a maximum supply of 12,500,000,000 coins, 80% of which are already in circulation.

Note that StormX, back in 2017, minted STORM tokens, and later, the ticker was changed to STMX.

StormX Price Prediction 2023: Will STMX reach $1?

STMX coin is currently priced at $0.005, meaning that it will have to grow by 200 times to reach a price level of $1. Note that it reached its all-time high value soon after its launch in 2017, however, the price dropped much sooner than it reached there. Hence, it would be fair to consider its second all-time high price (i.e., $0.08) which it achieved in April 2021 and it grew by 30.76 times in just four months.

Therefore, considering its 7.69 times growth in one month, we can say that the STormX coin needs slightly more than 32 months to reach $1. However, the current market situation of liquidity and inflation is not in favor of the crypto market (including StormX). Therefore, STMX cannot even reach that value in the calculated time. Hence, reaching $1 is definitely not an easy target for the StormX coin as it seems.

StormX Price Prediction 2023: Will STMX reach $10?

To reach a price level of $10, STMX needs to grow by 2,000 times considering its current market price of $0.005.

As we discussed earlier that StormX grew by 7.69 times in one month in 2021, it requires a minimum of 325 months (around 27 years) to reach $10.

Thus, waiting for 27 years for STMX to reach $10 is not practical firstly and secondly, the current market conditions of liquidity and inflation cannot let that happen in the calculated time.

Therefore, the StormX coin cannot be expected to reach $10.

Blur Token Price Prediction

StormX Price Prediction 2023 to 2030

• StormX Price Prediction 2023 is $0.00595
• StormX Price Prediction 2024 is $0.00925
• StormX Price Prediction 2025 is $0.0140
• StormX Price Prediction 2026 is $0.0201
• StormX Price Prediction 2027 is $0.0251
• StormX Price Prediction 2028 is $0.0352
• StormX Price Prediction 2029 is $0.0487
• StormX Price Prediction 2030 is $0.0714

Read about the latest Ethereum Challenger, Aptos

Where can you buy StormX (STMX) coins?

StormX coin can be bought on numerous major centralized crypto exchanges such as Binance, KuCoinm Bittrex, Gate.io, Bitvavo, Upbit, WazirX, and one decentralized crypto exchange i.e, UniSwap.

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~Charu Taneja

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.