Derivadao Price Prediction 2023, 2025 and 2030: Will DDX reach $100?
DDX Price Prediction Today
|Overall Outlook||Partially Positive|
|1. Market's Wisdom||Partially Positive|
|1a. Market Data||Partially Positive|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Partially Positive|
|2a. Social Media Buzz||Higher|
|2b. Social Media Sentiment||Neutral|
Latest price update
The market price of DDX at the time of writing is $0.44 and is marginally down by 0.99%. However, its trading volume is up by more than 745% in just one day, indicating that people are actively selling their DDX tokens.
If we look at its one-day graph attached below, we can see that there is a sudden decline in its price too, a few hours ago.
What is the DDX coin used for?
DDX is an ERC-20 token that has found its utility in various scenarios. The following are three major use cases of DDX:
- DDX holders can participate in the governance of the DerivaDAO platform through voting powers.
- The tokens are used to pay the trading fees on the platform.
- DDX tokens can be staked to gain increased referral payouts by the traders.
Derivado Price Prediction
The current market price of DDX at the time of writing is $0.50 and is up by around 2.4% in 24 hours. Below attached is its one-day graph:
Before predicting whether DDX is expected to go up or down in the coming future, let us first overview its price history for the past few months. Its performance in the past months can help us gain the required context for the future. Let’s discuss:
Above is its graph for 1 year and as we can see that the market price of DerivaDAO one year ago was $6.6. Hence, there is a decline of 92.42% in its price in one year. Also, there are numerous ups and downs stating that the hike wasn’t really continuous.
DDX’s price has declined by more than 35% in just three months (though the increase was not consistent), keeping in mind that its price 3-months ago was $0.77.
The all-time high value of DDX is $13.31 which it achieved in September 2021. After that, the price started to fall and is currently priced at $0.50 (again the decline wasn’t consistent during the entire period). Also, its market price a month ago was $0.53. It means that it has decreased by more than 5.6% since. Note that DDX is 96.24% down from its all-time high price, meaning that it has a huge scope for growth in the future.
Derivadao price predictions: 2023, 2025 and 2030
Price predictions are never 100% accurate, but, proper research and analysis can predict a lot about the movement in prices. Here, let us try to predict the price movement of DDX.
Derivadao Price Prediction 2023
As per the Price Prediction, in 2023 the DDX price is expected to go above an average price level of $0.80, and the expected minimum price value of DDX by the end of the current year should be $0.78. It can reach a maximum price level of $0.92.
Derivadao Price Prediction 2025
As per the Price Prediction, in 2025 the DDX price is expected to go above an average price level of $1.68. The expected minimum price value of DDX by the end of the current year should be $1.63 and it can reach a maximum price level of $1.95.
Derivadao Price Prediction 2030
As per the Price Prediction, in 2030 the DDX price is expected to go above an average price level of $10.24, and the expected minimum price value of DDX by the end of the current year should be $9.88. It can reach a maximum price level of $12.19.
Will Derivadao Reach $10?
DerivaDAO’s current market price is $0.34 and hence it needs to grow by 29.4 times to reach a price level of $10.
Furthermore, DDX’s all-time high price was $13.31. Note that DDX reached its all-time high value in September 2021 where it grew by around 6 times in just 2 months (from July 2021 to September 2021).
Thus, considering its 3 times growth in one month, we can say that DDX’s price can reach $10 in the next 10 months. However, its current growth depends upon the market conditions of macro and micro economic factors and thus, might take much more time as expected.
Will Derivadao Reach $100?
To reach $100, DDX needs to grow by 294.1 times, considering its current market price of $0.34.
As we have found out that DDX has shown a growth of 3 times in one month, it will need a minimum of 98 months (roughly around 8 years) to reach a price level of $100.
But again it is circumstantial and will depend on the market conditions during that time. Thus, we cannot expect DerivaDAO to reach $100 soon.
DDX Price Prediction: Frequently Asked Questions
Where can we buy DDX Coins?
You can trade DDX on exchange platforms like Binance, Poloniex, and Bittrex.
Is DDX a good investment?
Investing in crypto is still perceived as a risky move and not a safe option. However, if willing to invest in crypto DDX might be a good returns option. The price of DDX has increased by 27.9%, over the last month. The values can change any day and thus, we would suggest you research exceptionally to finalize the option you wish to invest your money.
DDX Price Prediction: Frequently Asked Questions
DerivaDEX is powered by DDX which is an Ethereum Token. It also serves as a platform for decentralized exchange for contacts which are derivative. 14 network recommendations are required for DerivaDEX. DDX platform provides users with great and varied features like on-chain and off-chain settlement. DDX is a newborn currency in the market and since the mid of the year 2022, this platform has viewed a bullish trend. DDX is seen as crypto shooting through the charts and making its way faster to become one of the most trending cryptocurrencies.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.