XTP Coin Price Prediction 2023-2030: Will XTP Coin Reach $1?

XTP Coin Latest Price

XTP Coin Past Performance

Last 1 month: +55.5%
Last 1 year: +2375.8%
Since launch: -73.3%

XTP Coin Forecasts

XTP Coin Price Prediction 2023-2030

XTP Coin Price Prediction 2023 is $0.0102
XTP Coin Price Prediction 2024 is $0.0138
XTP Coin Price Prediction 2025 is $0.0199
XTP Coin Price Prediction 2026 is $0.0270
XTP Coin Price Prediction 2027 is $0.0325
XTP Coin Price Prediction 2028 is $0.0436
XTP Coin Price Prediction 2029 is $0.0609
XTP Coin Price Prediction 2030 is $0.0870

Will XTP Coin Reach $1?

In order for the XTP coin to reach $1, it would need to increase by a factor of 163. At $1, XTP’s Market Cap will be $1.23 Billion. If XTP were to grow at a rate of 25% each year, it would take about 22 years to reach $1. Let us evaluate this data

Quality of Investment- Moderate
Growth required to reach $1- Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, it is 22000 times higher)
Market Cap at $1- Partially Feasible
Time required to reach $1 if it were to rise at 25% per annum- Not Feasible

Considering the criteria Quality of Investment, growth required and time required, XTP has a low chance of reaching $1.

XTP Coin Price Prediction: Is XTP Coin a Good Investment?

What is Tap?

Tap provides a convenient platform for people involved in cryptocurrency activities, with the goal of eliminating financial barriers by facilitating connections with banks and cryptocurrency exchanges. They offer a Mastercard to residents of the European Union (EU) and the United Kingdom (UK).

In simple words, Tap is a cryptocurrency app simplifying the buying, selling, storing, and spending of cryptocurrencies. It provides access to multiple crypto exchanges and wallets with one account, facilitates crypto-to-fiat or crypto-to-crypto exchanges at market rates, and allows you to spend your crypto wherever Mastercard is accepted using a Tap card. Additionally, staking XTP offers fee discounts and access to premium app features.

Tap features a user-friendly interface and requires users to complete a KYC process for transferring funds from their bank accounts to the app. The platform supports easy conversion between fiat and crypto, as well as crypto trading. It has gained popularity in the European Union.

In addition to its crypto services, the Tap app provides a linked credit card, enabling online and in-store purchases and ATM withdrawals of fiat currency. Overall, Tap offers a comprehensive solution for managing both cryptocurrencies and traditional fiat money through a single mobile app.

Utility of Tap App

When users deposit regular fiat money into the Tap app, they can easily trade various cryptocurrencies across different exchanges, all within a single app and a streamlined KYC process. Additionally, users have the capability to send any cryptocurrency to individuals worldwide via the app, without incurring any fees, and the recipient can utilize the received cryptocurrency instantly.

XTP token and its Utility

XTP is the native token of Tap and it operates on the Ethereum blockchain as an ERC-20 token.

XTP is utilized to cover various fees and services on the Tap platform, enhancing the user experience and providing cost-saving benefits, such as:

Card Issuance: XTP can be used to cover the issuance fee which allows the users to acquire a Tap card for making purchases and withdrawals.
Transaction Fees: XTP is also used to pay for transaction fees within the Tap platform.
Exchange Fees: XTP can be employed to cover exchange fees when you convert one cryptocurrency to another or convert crypto to fiat currency.
Additional Services: XTP can be applied for other services and fees that may arise within the Tap ecosystem, making it a versatile utility token.

Benefits of Staking XTP:

Fee Discounts: Staking XTP tokens provides users with the advantage of fee discounts.
Access to Premium Features: By staking XTP, users gain access to premium features within the Tap app. These premium features could include enhanced security options, priority customer support, or access to advanced tools and analytics, offering a more comprehensive and premium user experience.

Overall, XTP appears to be a moderate to good case for investment.

Where Can I buy XTP Coins?

Uniswap
Bitttex
Probit Global
OpenOcean

Also Read: WSM Coin Price Prediction

~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.