Will XYO Coin reach $1, $10? Prediction Analysis 2024-2030

Latest Price of XYO

Number of Holders: 91.4k (Rising), Top 100 Holders: 52.9% (Rising), Average Retail Holding: $1060

XYO Price Performance so far

Last 7 Days	+12.5%
Last 1 Month	-22.1%
Last 12 Months	+100.7%

XYO Coin price has doubled in the last 12 months. What are the Signals and Predictions?

XYO after surging faced a resistance at $0.0120 and a marginal price pullback followed. The immediate support for XYO is at $0.010 while the $0.0150 is the first level of resistance. If XYO breaks above this level, the next target for XYO is at $0.020.

Overall the current outlook for XYO is negative. Majority of the technical indicators reflecting the outlook of XYO are bearish.

XYO, Buy or Sell Poll [New]

• Feb 21st: +60.0%
• March 3rd: +69.1%
• March 7th: +68.7%
• March 8th: +68.1%
• April 9th: +66.0%

XYO Price Prediction $1: Will XYO Coin reach $1?

Yes, XYO can reach $1 if 75% of the Tokens are Destroyed. Here is the analysis

For XYO to reach $1, it would need to increase by a factor of 100. At $1, XYO’s Market Cap will be $14.3 Billion. If XYO were to grow at a rate of 25% each year, it would take about 21 years to reach $1. Let us evaluate this data

• Quality of Investment– Moderate
• Time and Growth required to reach $1– Not Feasible
• Market Cap at $1– Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, XYO is unlikely to reach $1.

Also Read:

• StormX Price Prediction
• Ravencoin Price Prediction

XYO Price Prediction: Can XYO reach $10?

Yes, XYO can reach $10 if 90-95% of the Tokens are destroyed

For XYO to reach $10, it would need to increase by a factor of 1000. At $10, XYO’s Market Cap will be $143 Billion. If XYO were to grow at a rate of 25% each year, it would take about 31 years to reach $10. Let us evaluate this data

• Quality of Investment– Moderate
• Growth required to reach $10-Not Feasible
• Market Cap at $10– Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, XYO has a low chance of reaching $10.

XYO Price Prediction 2024-2025-2030, Aggregated

• XYO Price Prediction 2024 is $0.0115
• XYO Price Prediction 2025 is $0.0144
• XYO Price Prediction 2026 is $0.0184
• XYO Price Prediction 2027 is $0.0214
• XYO Price Prediction 2028 is $0.0273
• XYO Price Prediction 2029 is $0.0372
• XYO Price Prediction 2030 is $0.0511

XYO Price Prediction $10: Can XYO Reach $100?

For XYO to reach $100, it would need to increase by a factor of 10000. At $100, XYO’s Market Cap will be $1.43 Trillion. If XYO were to grow at a rate of 25% each year, it would take about 41 years to reach $100. Let us evaluate this data

• Quality of Investment– Moderate
• Time and Growth required to reach $100– Not Feasible
• Market Cap at $100– Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, XYO can’t reach a price as high as $100.

XYO Price Prediction 2024: Is XYO a Good Investment?

XYO is a location data platform that leverages blockchain technology to ensure that location data is tamper-proof and can be used for various purposes such as navigation, location-based services, and supply chain management. In the current system, smart contracts rely on oracles that have a single source of truth and a single source of failure, similar to the vulnerability in current crypto-location technologies which is the off-chain devices that report location.

The XYO Network is a protocol of connected devices that provides high certainty on location data through cryptographic proofs. Users can retrieve location data on any blockchain platform with smart contract functionality by issuing transactions (queries). Aggregators in the network listen to these queries, fetch the answers with the highest accuracy from a decentralized set of devices, reach a consensus on the best answer, and feed it back into the smart contract.

Markus Levin, co-founder of the XYO Network

• XYO Network ensures the accuracy and validity of data through blockchain and cryptography, limiting interference and increasing transparency globally.
• Blockchain technology enhances the accuracy and reliability of data used in AI by verifying sources and creating training sets, while blockchain data persistence ensures easy and accurate auditing in real-time.
• AI and the metaverse will collaborate to make the virtual world more realistic, and AI will continue to play a role in NFT art.

XYO Tokens

The XYO token is used as a means of payment within the platform for accessing and utilizing location data. The XYO Network uses XYO Tokens to incentivize the provision of accurate and reliable location data. A token holder submits a query to the network and pays a gas fee (in XYO Tokens) based on the amount of data required for the answer. The cost of the query is determined by the data required and market dynamics.

Overall, we think XYO is very niche and has limited use cases. It is at best a moderate case for Investment

How To Buy XYO Tokens?

The XYO tokens can be purchased in three simple steps:

• The first step is to choose the crypto exchange from which you wish to purchase the XYO tokens.
• The second step is to select the mode of payment (i.e., either using fiat currency or with other cryptocurrencies).
• The third step is to make the swap and store the XYO tokens in either a wallet or the crypto exchange itself.

Where can I buy XYO crypto?

XYO crypto can be bought on many famous Decentralised and Centralised crypto exchanges, including Coinbase, KuCoin, Uniswap, Sushiswap, Gate.io, Huobi, Crypto.com, MEXC, Bitvavo, and Hotbit.

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

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