In this post, we will learn more about the XDC price prediction. In this guide, we will explore experts’ opinions on XDC price prediction to answer the question if XDC is a good investment or not?
But also, we will learn about XinFin (XDC) Network fundamentals. The team that is working on it, its use cases, and its price-performance till now. If you want to learn more about this digital asset, continue reading this article. Then let’s start and head into it.
What is XinFin (XDC) Network?
XDC aims to connect real-world finance to DeFi markets. XinFin (XDC) Network is best known as a Hybrid Blockchain contributing to the growth of international trade and finance sectors, combining the best of both worlds – public and private blockchains. The potential of processing both public and private networks opens new possibilities in the blockchain ecosystem. The XinFin (XDC) Network is supported by 108 Master nodes (or Validator Nodes) to reach consensus and provide network security. Moreover, the XDC blockchain protocol makes transactions run faster, up to 2,000 transactions per second, with almost zero transaction fees. In fact, it is built to tackle the challenges encountered by earlier blockchain-based ecosystems, including high fees, low throughput, and poor developer experience.
XinFin (XDC) is a fork of the Ethereum blockchain and thus allows interoperability with Ethereum. Additionally, double validation, good randomization process, and staking via Smart Contracts ensure stability, security, and chain finality of XinFin Network. The XinFin Digital Contract (XDC), EVM compatible Smart Contracts, atomic cross-chain tokens, and protocols can run on the Network.
The XinFin Hybrid Blockchain runs on its XinFin Delegated Proof-of-Stake (XDPoS) consensus mechanism. Simply put, the Proof-of-Stake mechanism allows anyone with a certain amount of coins to verify transactions on the Network. Therefore, the XinFin (XDC) blockchain uses staking. It is similar to mining, but it does not need any hardware. Stakeholders secure the Network by validating transactions automatically and provide total network decentralization. Therefore, stakeholders must stake to increase the Network’s security.
The XDC coin is the native utility coin powering the XinFin Network. The currency is used for paying transaction fees and Smart Contract operations. Furthermore, XDC coins encourage people to join the Network and help it run. It can be staked to participate in the XinFin block production and to deploy Smart Contracts. The XinFin network has a total supply of 100 billion XDC coins. In August 2017, XinFin successfully raised more than $1.5 million through the private sale of utility coins.
The coin was listed on several exchanges, such as BitFinex, CuCoin, HotBit, etc. But it cannot be directly purchased with fiat money. You can buy XDC coins by purchasing BTC, ETH, or USDT from any exchange and then transfer them to the XDC trading exchange.
XDC Use Cases
The project’s use case is to help governments and even corporations to overcome the global trading and financial sector obstacles. It aims to bring buyers, suppliers, financiers, trade unions, and government bodies like banks together on a peer-to-peer platform. It has such an innovative use case that even the World Trade Organization and the International Chamber of Commerce have spoken of it at one point.
- XinFin Hybrid Blockchain can process decentralized value transactions and build decentralized applications (DApps).
- The technology is used for peer-to-peer and payment trading platforms, online digital asset-linked identity, blockchain-powered insurance, end-to-end land registry record management, etc.
- The XinFin Network is used to issue new tokens.
- The XDC Network is EVM compatible. It allows smooth interoperability with Ethereum and offers advanced Smart Contract capabilities such as asset tokenization and decentralized finance.
The XDC Team
XinFin is a Singapore-based hybrid blockchain platform built on a secure and scalable Blockchain in 2017. The Network is the brainchild of three geniuses, including Karan Bharadwaj, Atul Khekade, and Ritesh Kakkad. Atul Khekade is a software programmer who also funded the XDC-powered Block degree education platform. Ritesh Kakkad, an entrepreneur with multiple investments in the digital space. And Karan Bhardwaj, Chief Technical Officer (CTO), left the company in 2018 to continue with his startup, i.e., Elatior Tech. As a tech giant with an in-depth research team, XinFin Network (XDC) is one of the leading solution providers to make transactions accessible, encouraging crystal-clear lucidity as an open-source DeFi protocol.
XinFin is already functioning in Singapore, the USA, Europe, India and is currently working on several pilot projects across banking, aviation, travel, supply chain management, etc.
XDC Price History
Source: TradingBeasts (XDC Price History)
In January 2017, XinFin (XDC) Network went live. Initially, the XDC price was only $0.0035. In April 2018, the coin reached its highest escalation to $0.0280. But this growth did not last long, and the value fell to $0.0240. By November 2018, the price of XDC had reached $0.011.
Source: Trading View (The XDC Network Price Chart)
The XinFin Network reached its highest price on August 21, 2021, when it traded at its all-time high of $0.194541. The lowest price since its ATH was $0.098690 (cycle low). As you can see in the graph, XDC has shown powerful potential lately. This recent growth can be an excellent signal to dig right in and invest; However, you have to proceed cautiously and more informedly.
The XDC Price Movement in 2021
The XDC Price History in 2021
XDC Price Prediction in 2021 and Beyond
Now, let’s look at some XDC price predictions and see what analysts think of XDC’s future.
WalletInvestor XDC Price Prediction
According to the WalletInvestor forecast system, XDC is a bad long-term (one-year) investment. Then, if you are looking for virtual currencies with good returns, XDC can be a bad, high-risk one-year investment option. XDC Network price equals $0.116 at 2021-10-13, but WalletInvestor thinks that your current investment will most likely be devalued in the future. Accordingly, the cost of XDC Network may drop from $0.116 to $0.01048.
Source: WalletInvestor (Short-term XDC Price Prediction for 2021)
Long-term XDC Price Prediction (Note: due to the little historical data, it is hard to make a solid long-term price prediction)
Therefore, WalletInvestor predicts that there will be a negative trend in the future, and XDC is not a profitable investment for making money. Since this virtual currency has a negative outlook, they do not recommend it as an investment option.
TradingBeasts XDC Price Prediction
The XDC Network price is forecasted to reach $0.1443757 by the beginning of November 2021. The expected maximum price is $0.1804697, and the minimum cost is $0.1227194. The XDC Network price prediction for the end of the month is $0.1443757.
The XDC price is expected to reach $0.1455706 by the beginning of December 2021. The expected maximum price is $0.1819632, and the minimum value is $0.1237350. The XDC price prediction for the end of the month is $0.1455706. Then according to their crypto forecasts, the XDC Network price will increase this year. Currently, the XDC Network price is $0.1179500, but by the end of 2021, the average XDC Network price is expected to be $0.1467587, showing a %27.13 growth.
Source: TradingBeasts (XDC Price Prediction for 2021)
The XDC Network price is expected to reach $0.1467587 by January 2022. The expected maximum price is $0.1834484, and the expected minimum price is $0.1247449. XDC price prediction for the end of the month is $0.1467587. In October 2022, the XDC Network price is forecasted to be on average $0.1604868. The predicted maximum price is $0.2006085, and the minimum cost is $0.1364138. According to their forecasts, the XDC Network price is also going to increase. Then by the end of 2022, the average XDC Network price is expected to reach $0.1635687.
CryptoNewsZ XDC Price Prediction
The platform thinks this digital asset is set to break all barriers and hit $0.105 in 2021. If investor confidence keeps booming, the coin can scale the $0.011 mark. The XDC coin may reach $0.178 in 2023 as its team develops products and XDC receives mass adoption. The future price of the coin may cross the $0.2 mark in 2024.
In 2025, XinFin XDC may reflect a bullish sign and take it to an appreciable level of $0.32. In a long-term scenario, i.e., post-2026, the future price of the XDC coin is set to pick up the pace with other cryptocurrencies trading around $0.35. Thus, exciting growth is also predicted for XinFin Network mainly due to its consistent performance over the years.
Captainaltcoin XDC Price Prediction
According to the website, the XDC price coin is likely to be $ 0.12 by the end of 2021. Their XDC price prediction model projects a temporary decline at the beginning of 2022 before another surge in Q3 & Q4 of 2022, reaching $ 0.17 per coin in 2022.
Based on their XDC price prediction model, there is no bright future for the coin in the distant future. The project offers no unique value to set itself apart from countless competitors. Hence they don’t think it is worth investing in this coin for the long term.
DigitalCoinPrice XDC Price Prediction
Source: DigitalCoinPrice (XDC Price Prediction from 2021 to 2028)
As shown in the graph above, the platform predicts that XDC will be $0.1684518570 in 2021. Moreover, XDC price will reach ($0.2084278886) in 2022, ($0.2516621166) in 2023, ($0.2994742690) in 2024, ($0.3492277320) in 2025, ($0.4084606492) in 2026, ($0.4639404372) in 2027, and eventually ($0.5169558952) in 2028. Then, according to the data derived from the platform, the lowest price of XDC in the future will be up to $0.4661691993, and its highest price in the future will be up to $0.5604685129. Therefore, XDC prices will increase according to their predicted data. In short, XDC is a profitable investment based on forecasting after Bitcoin cloud mining. According to their technical analysis data, the coin reflects a promising future.
Coincodex XDC Price Forecast
According to Their current XinFin (XDC) Network price prediction, the value of XinFin Network will rise by 7.58% and reach $ 0.128790 by October 18, 2021. Moreover, the price of XinFin Network will increase by 13.46% over the next month and get $ 0.135825 by November 12, 2021. Thus, according to their technical indicators, the current sentiment is bullish, and now is an excellent time to buy the coin. Based on the website’s statistics, within the last 30 days, XinFin Network had (33%) green (or bullish) days. The XinFin Network increased by 2,496.04% compared to the previous year. Then, according to their historical data, it is profitable to invest in XinFin Network, a good buy in 2021.
Gov. Capital XDC Price Prediction
Their website uses a custom algorithm based on Deep Learning, taking several variables into account: volume changes, price changes, market cycles, or similar coins. Therefore, the asset’s future price is predicted at $0.23713973189886 (meaning a 106.208% increase) after a year according to their prediction system. This price prediction means that if you invested $100 now, your current investment might be worth $206.208 in October 2022. This prediction also implies that this digital asset is suited as a new addition to your investment portfolio as trading in bullish markets is always a lot easier.
One-Year XDC Price Prediction
Long-term XDC Price Prediction in 2022
As we discussed in this article, different platforms have forecasted contradictory predictions regarding the XDC coin. While some of them are highly optimistic concerning the future of the XinFin (XDC) Network, others have taken a more pessimistic or conservative stance in this regard.
Also, in looking at its price history, the digital asset has made some progress recently. However, in reviewing its price history, its overall performance is not very spectacular. In this case, if you plan to invest in the coin, you should proceed with more caution and research. You had better know that XDC has some powerful rivals such as the NEO or Solana that may surpass it in the market. Therefore, researching the fundamentals and development of the XinFin Network is an essential task before deciding to invest any amount of funds in the project.