Idex (IDEX) Price Prediction – 2023, 2025, 2030
Idex (IDEX) Overview
|💱 Ticker Symbol||IDEX|
|💸 Market Cap||$53,011,120|
|🚀 Trading Volume||$17,819,553|
|📈 Price Change (24h)||-9.13%|
|💰 Current Supply||673,858,614|
- Bullish Idex (IDEX) price predictions range between $0.354006 and $0.668678 by 2030.
- Market analysts believe IDEX could reach $0.275338 by 2025.
- Bearish Idex market price prediction for 2023 is $0.062934.
Idex (IDEX) Introduction
Since its launch in 2019, IDEX has caused quite a storm in the crypto world. If you’re curious about the price of an IDEX coin, look no further.
In this IDEX price prediction guide, we’ve summarized all you need to know about IDEX’s price, from current price to average forecast price, maximum price, IDEX price today, minimum price value, market cap, and beyond. We also consider whether IDEX is likely to be a good investment for the future. Keep on reading to learn more from our updated IDEX price forecast.
What Is IDEX (IDEX)?
IDEX is a decentralized exchange platform that integrates features of centralized exchanges for heightened efficiency. It is hosted on the Ethereum and Binance Smart Chain.
While a majority of projects use an automated market maker model to execute trades, IDEX employs order books in a unique approach. There is some contention over whether IDEX is a non-custodial or a decentralized exchange since it integrates features of both.
IDEX relies on a Proof of Stake model to validate transactions, which is significantly more efficient than PoW or Proof of Work. Requiring lesser power and with greater scalability, the PoS consensus mechanism helps avoid the network congestion commonly experienced with PoW.
The platform’s main aim is to process thousands of transactions within seconds, and IDEX uses Layer 2 Optimistic Rollups to maximize speed and achieve this goal. The Rollup helps retain the main net’s decentralized model while also ensuring high-speed transaction processing.
The Team Behind IDEX
Although IDEX was officially launched in 2019, the project began back in 2017 under Aurora. It was founded by Philip Wearn (also co-founder of EtherEx) and Alex Wearn (CEO of IDEX). The team decided to rebrand Aurora as IBEX in 2019 with the aim of building the first-ever non-custodial real-time exchange.
The founders and current IBEX team have extensive experience in the software development and crypto market. The platform’s primary purpose is to allow users to access advanced financial and banking tools for instant crypto-exchanging across a multitude of platforms.
The native token of the IDEX platform is called IDEX. IDEX coin is the underlying asset for major operations on the network, and token owners can gain some significant advantages. For example, users can use their IDEX token for payments on the network and earn upwards of 50% of the transaction fee as a reward for staking. This, in turn, supports the platform financially and rewards users at the same time.
There is a maximum supply of a total of 1,000,000,000 IDEX coins. This makes the token resistant to devaluation in times of inflation, meaning that new IDEX coins cannot be minted once the total supply has been used.
IDEX (IDEX) Fundamental Analysis
The IDEX team has created an innovative, efficient platform that stands out in the competitive cryptocurrency scene. While most DEX platforms employ automated market maker models for buy and sell orders, IDEX uses order books instead. This system is a unique combination of decentralized and centralized exchanges, guaranteeing fast transaction processing and making IDEX the first DEX platform to offer full fund custody to users.
With its automated reward system, user-friendly interface, and advanced order types, IDEX has solid fundamentals and is an incredibly worthwhile project in the DeFi sector. Below, we’ve highlighted some of the top functionalities of the IDEX platform.
With an ultra-advanced trading engine, IDEX guarantees instant execution and high throughput, helping users avoid slippage and failed trades.
IDEX has a standardized API, making it convenient for users to employ a familiar interface for integrating their existing trading software.
IDEX empowers users to quickly seed liquidity to launch their market and attract advanced traders, making it the ultimate platform to grow your project.
Security & Privacy
Running as a node on Ethereum, IDEX leverages advanced security measures of the network. It employs enhanced HTTPS technology and a private-key system to secure funds. All smart contracts keep funds secure until a private key is used to move them, eliminating the need for third-party intervention.
IDEX’s utility token is also used to secure the protocol, and the Ledger Nano S integration further makes it one of the safest trading platforms for a worry-free trading experience.
IDEX (IDEX) Technical Analysis
IDEX’s principal value is drawn from utility, technology, and the token’s technical capacity. Combining the advantages of decentralized and centralized exchanges into one unique project, IDEX is pretty strong on the technical front and has a bright future ahead.
The price of IDEX is driven by its technology, features, scalability, use case, and the number of active users. As the team releases new updates and announces partnerships, IDEX will likely be adopted on a major scale.
As with any other cryptocurrency, the IDEX coin is susceptible to the volatility of the cryptocurrency market. However, the coin has been performing relatively well since its launch and has the potential to be a profitable investment in the future.
IDEX (IDEX) Current Price
Idex is currently worth $0.078668 USD. IDEX has moved -9.13% in the last 24 hours with a trading volume of $17,819,553. Idex is currently ranked 1066 amongst all cryptocurrencies with a market capitalization of $53,011,120 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Idex (IDEX) to decide wether it is going to have a bullish or bearish year.
IDEX (IDEX) Price Prediction
|Year||Minimum Price||Average Price||Maximum Price|
Our price prediction forecasts use real-time Idex (IDEX) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
Idex (IDEX) Price Prediction 2023
Idex, according to some, is one of the most amazing cryptocurrencies to rise this year (IDEX). The IDEX price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.118002.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.110135 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. IDEX is expected to have a minimum value of $0.094402.
Idex (IDEX) Price Prediction 2024
In 2024, Idex IDEX price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of IDEX will soon surpass $0.19667. However, we should wait to see if the IDEX’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, IDEX will trade with a minimum trading price of $0.157336 and an average trading price of $0.17307.
Idex (IDEX) Price Prediction 2025
If the upward trend continues until 2025, it could reach $0.275338 and IDEX may profit. If the market experiences a decline, the goal may not be met. IDEX is expected to trade at an average price of $0.251738 and a low of $0.236004 in 2025.
Idex (IDEX) Price Prediction 2026
If Idex successfully boosts market sentiment among cryptocurrency enthusiasts, the IDEX coin price could remain stable for the next five years.
According to our projections, IDEX will be green in 2026. The IDEX is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.354006, with a minimum price of $0.314672 and an average price of $0.330406.
Idex (IDEX) Price Prediction 2027
After some extensive forecasting and technical analysis, we estimate the IDEX price is expected to cross an average price level of $0.409074 by 2027, with a minimum price of $0.39334 expected before the end of the year. Furthermore, IDEX has a maximum price value of $0.432674.
Idex (IDEX) Price Prediction 2028
Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $0.487742. If IDEX manages to break the resistant level in 2028, we could see a maximum price of $0.511342, failing to gather the support IDEX needs by 2028 could result in a low of $0.472008.
Idex (IDEX) Price Prediction 2029
While IDEX is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.550676 and a yearly price close above $0.59001 in 2029.
Idex (IDEX) Price Prediction 2030
By 2030, Idex will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.629344 and potentially reach a maximum price value of $0.668678, averaging out at $0.645078.
Idex (IDEX) Price Prediction 2031
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum IDEX price in 2031 is projected to be $0.770947 in the event of a bull run, with an average price level of $0.739479.
Our IDEX (IDEX) price predictions are based on thorough technical analysis. We employ real-time IDEX market data to keep our website updated with a dynamic IDEX price forecast.
Curious about the price of IDEX? Have a look at our IDEX price prediction below.
IDEX is the first platform of its kind to maintain high security and privacy values on the network while also allowing users full ownership of their funds. The platform’s unique model is well on its way to blowing up non-custodial DEX use globally, enabling lightning-fast transaction and instant trade execution on an efficient, secure platform.
For users looking to trade ERC-20 tokens with maximum security and convenience, IDEX proves a valuable platform. Due to its powerful fundamentals and distinct position in the market, experts have predicted that IDEX adoption could be sky high in the near future, and an IDEX price rise is most likely on the charts.
However, the cryptocurrency market is susceptible to significant price drops and rises, and any investment carries risk. This IDEX forecast is not intended to be investment advice, and it is essential you conduct your own research before you decide to buy IDEX.
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What is the Idex (IDEX) price today?
Today, Idex (IDEX) is trading at $0.078668 with a total market capitalization of $53,011,120.
Is Idex a good investment?
Idex proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that IDEX is a good choice of investment.
How high can Idex go?
The average price of Idex (IDEX) can possibly reach $0.110135 this year. Over the next 5 years, it is projected that Idex may surpass $0.511342.
How much will Idex be worth in 5 years?
Based on the rising popularity of cryptocurrency and Idex, a long term investment in IDEX could see the price rise to $0.511342 within the next 5 years.
How much will Idex be worth in 10 years?
If you invest in Idex today, as with any investment, a long term increase is expected. The price of IDEX could possibly rise to $0.999084 within the next 10 years.
What will the Idex price be in 2024?
Idex (IDEX) price is expected to reach $0.19667 by 2024.
What will the Idex price be in 2025?
Idex (IDEX) price is expected to reach $0.275338 by 2025.
What will the Idex price be in 2026?
Idex (IDEX) price is expected to reach $0.354006 by 2026.
What will the Idex price be in 2027?
Idex (IDEX) price is expected to reach $0.432674 by 2027.
What will the Idex price be in 2028?
Idex (IDEX) price is expected to reach $0.511342 by 2028.
What will the Idex price be in 2029?
Idex (IDEX) price is expected to reach $0.59001 by 2029.
What will the Idex price be in 2030?
Idex (IDEX) price is expected to reach $0.668678 by 2030.
What will the Idex price be in 2031?
Idex (IDEX) price is expected to reach $0.770947 by 2031.