Telcoin (TEL) Price Prediction – 2022, 2025, 2030
Telcoin (TEL) Overview
|💱 Ticker Symbol||TEL|
|💸 Market Cap||$152,991,827|
|🚀 Trading Volume||$5,696,084|
|📈 Price Change (24h)||6.50%|
|💰 Current Supply||64,193,700,558|
- Bullish Telcoin (TEL) price predictions range between $0.010725 and $0.023356 by 2030.
- Market analysts believe TEL could reach $0.010725 by 2025.
- Bearish Telcoin market price prediction for 2022 is $0.001907.
Telcoin (TEL) Introduction
This Telcoin Price prediction article is solely based on the use of advanced technical analysis tools by our experts. Below, you will see the key metrics that we have taken into consideration upon coming up with our TEL Price Analysis and prediction.
Regardless of the terrible sentiments in the market because of the continuous decline in the value of coins, the number of blockchain users has doubled, showing the massive adoption. Many crypto ecosystems continue to improve their utilities to stay ahead of the trend, and Telcoin managed to be among the leading participants. Since the eventual start of the bearish trend in 2021, investors have seen a Telcoin price decline in value by over 92%, according to CoinGecko statistics. Telcoin has previously, before the drawdown, expanded into other crypto ecosystems and developed partnerships with coins like $GRT, $AXS, and others.
Telcoin offers a wide range of transaction services for mobile phone users globally, like instant international money transfers, peer-to-peer transactions, and incentives to its users, making its app Telcoin wallet App a great platform for crypto natives. This alone encourages an influx of new users into the network while it continues to cater to the active Telcoin users. This will serve as a motivating factor to attract more users to the platform which in turn would positively affect the Tel token’s price.
Telcoin aims to serve as a bridge between blockchain and mobile money infrastructure and eliminate the intermediary or what they regard as the “high-cost remittance agents.”
This little overview has put into perspective the performance of Telcoin in space. However, with the state of the market, is Telcoin regarded as a high probability and good investment in 2022? We will break that down in this Telcoin Finance Price Analysis and Price Prediction.
What is Telcoin?
Telcoin (TEL) is a decentralized crypto network and remittance system launched on the ERC network, an Ethereum blockchain. It was founded by Claude Eguienta and Paul Neuner in 2017 with its operating headquarters in Singapore and a subsidiary firm in Tokyo, Japan. The company boasts of an extremely efficient and diverse team that enables its operation.
This platform, which is fuelled by active Telcoin users, was created to produce an innovative impact by making money transfers easier through the integration of the Telecom industry and blockchain. Telcoin’s goal is to obstruct the remittance market, which is currently dominated by traditional financial institutions like Western Union (WU) and other companies. It aims to continue its global expansion by providing new technological solutions and building partnerships with telecom companies, major crypto exchanges, and mobile money companies to provide consumers with fast and low-cost digital remittances through a mobile platform and secure wallet.
Telcoin token also aims to build decentralized applications (dApps) owned by the users and help distribute the products to mobile phone users globally through telecom providers. The advantage of Telcoin in the crypto market above other financial tokens like Ripple (XRP) is its application in the telecoms industry, making it a pioneer in that sector.
Currently, Telcoin (TEL) can be purchased on crypto exchanges like 1inch Exchange, HitBTC, KuCoin, Bilaxy, and Bitbns.
Telcoin Historical Data
Telcoin was established by blockchain virtuoso Claude Eguienta and cyber security and telecommunications expert Paul Neuner, a well-experienced entrepreneur. At the launch of the company, it shared its goals of specializing in cheap and fast money transfers to e-wallets.
The price action of Telcoin over the years has been substantial to the progress of the ecosystem since its creation in 2017, with a maximum token supply of 100 billion Telcoins. However, with the constant burning of the tokens to maintain functionality on the network, TEL now has a circulating supply of no less than 50 billion tokens. During the Initial Public Sale (IPO) of Telcoin, about 25% of the token was distributed to investors, 15% was contributed to the growth and development of the team to ensure smooth running, and 5% is allocated to ongoing developments on the network as incentives to builders, which includes a 5% liquidity fund. For airdrops and reward incentives for Telecom operators, 50% was distributed.
Using the Telcoin chart as a reference point for its performance over the years, it will be seen that its price action is quite similar to the blue-chip tokens in the sector. It hit its first significant mark when it hit $0.00387607 at the beginning of 2018 and hit an all-year low price of $0.00014220 in December of the same year. It ranged most of the early part of 2019 between the prices of $0.0003 – $0.0007.
During the bull run of 2021, the Telcoin price rallied to an all-time high of $0.0649 with other coins on May 11 before a reversal occurred. It could be seen that Telcoin operated with the market dynamics and never lost momentum at the wrong time.
Telcoin Fundamental Analysis
The sentiment and psychology of users are known to be a high contributing factor to the growth of a system, especially the markets. With a general acceptance comes an equal push in prices as it’s generally sensitive to demand. This phenomenon also applied to the evolution of Telcoin too. With its launch in 2017 came a great inflow of capital, making it one of the top investments of that year. It yielded profits and expanded its network base to more chains.
Based on proven data analysis, mobile users have massively grown over the years to over 6 billion users in 2021. It can be deduced from this data that in five years, the number of mobile users will increase by over 2 billion. The Telecom industry, therefore, serves as a funnel to provide its users with financial products daily through their smartphones.
In the summer of 2021, Telcoin upgraded to a newer version, Version 3, and integrated new features Send Money Smarter (SMS) Network, which serves as a decentralized platform owned by the user for money transfer, and TELxchange, a decentralized platform for digital asset exchange which solely uses Telcoin as a reserve asset. Telcoin announced that it had successfully extended its services to 24 money platforms in 16 countries in December of the same year. It’s currently operational in Sri Lanka, Uganda, Kenya, Pakistan, Philippines, Indonesia, and Ghana, among others.
The above countries are highly populated with active mobile users that the Telcoin ecosystem and wallet app caters to. The current trend in the working sector where every transaction is going digital with the advent of e-commerce, which has been predicted to rise another 30% by 2025, will be one of the major contributing factors in encouraging the subsequent rise of Telcoin.
Telcoin (TEL) Current Price
Telcoin is currently worth $0.002383 USD. TEL has moved 6.50% in the last 24 hours with a trading volume of $5,696,084. Telcoin is currently ranked 220 amongst all cryptocurrencies with a market capitalization of $152,991,827 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 Telcoin (TEL) to decide wether it is going to have a bullish or bearish year.
Telcoin (TEL) Price Predictions
Below you can find our Telcoin price predictions, but it’s advised to do your own research as this is not financial advice.
|Year||Minimum Price||Average Price||Maximum Price|
Our price prediction forecasts use real-time Telcoin (TEL) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
Telcoin (TEL) Price Prediction 2022
Telcoin, according to some, is one of the most amazing cryptocurrencies to rise this year (TEL). The TEL price forecast for 2022 anticipates a significant increase in the year’s second half, possibly reaching $0.003575.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.003337 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. TEL is expected to have a minimum value of $0.00286.
Telcoin (TEL) Price Prediction 2023
In 2023, Telcoin TEL 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 TEL will soon surpass $0.005958. However, we should wait to see if the TEL’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, TEL will trade with a minimum trading price of $0.004767 and an average trading price of $0.005243.
Telcoin (TEL) Price Prediction 2024
If the upward trend continues until 2024, it could reach $0.008341 and TEL may profit. If the market experiences a decline, the goal may not be met. TEL is expected to trade at an average price of $0.007627 and a low of $0.00715 in 2024.
Telcoin (TEL) Price Prediction 2025
If Telcoin successfully boosts market sentiment among cryptocurrency enthusiasts, the TEL coin price could remain stable for the next five years.
According to our projections, TEL will be green in 2025. The TEL is expected to reach and surpass its all-time high in 2025. In 2025, the virtual currency will be worth $0.010725, with a minimum price of $0.009533 and an average price of $0.01001.
Telcoin (TEL) Price Prediction 2026
After some extensive forecasting and technical analysis, we estimate the TEL price is expected to cross an average price level of $0.012393 by 2026, with a minimum price of $0.011916 expected before the end of the year. Furthermore, TEL has a maximum price value of $0.013108.
Telcoin (TEL) Price Prediction 2027
Due to the future partnerships that are expected to happen by 2027, we are expecting that a bullish trend will continue, bringing the average price to around $0.014776. If TEL manages to break the resistant level in 2027, we could see a maximum price of $0.015491, failing to gather the support TEL needs by 2027 could result in a low of $0.0143.
Telcoin (TEL) Price Prediction 2028
While TEL 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 $0.016683 and a yearly price close above $0.017875 in 2028.
Telcoin (TEL) Price Prediction 2029
By 2029, Telcoin will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.019066 and potentially reach a maximum price value of $0.020258, averaging out at $0.019543.
Telcoin (TEL) Price Prediction 2030
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 2030, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum TEL price in 2030 is projected to be $0.023356 in the event of a bull run, with an average price level of $0.022403.
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What is the Telcoin (TEL) price today?
Today, Telcoin (TEL) is trading at $0.002383 with a total market capitalization of $152,991,827.
Is Telcoin a good investment?
Telcoin 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 TEL is a good choice of investment.
How high can Telcoin go?
The average price of Telcoin (TEL) can possibly reach $0.003337 this year. Over the next 5 years, it is projected that Telcoin may surpass $0.015491.
How much will Telcoin be worth in 5 years?
Based on the rising popularity of cryptocurrency and Telcoin, a long term investment in TEL could see the price rise to $0.015491 within the next 5 years.
How much will Telcoin be worth in 10 years?
If you invest in Telcoin today, as with any investment, a long term increase is expected. The price of TEL could possibly rise to $0.027884 within the next 10 years.
What will the Telcoin price be in 2023?
Telcoin (TEL) price is expected to reach $0.005958 by 2023.
What will the Telcoin price be in 2024?
Telcoin (TEL) price is expected to reach $0.008341 by 2024.
What will the Telcoin price be in 2025?
Telcoin (TEL) price is expected to reach $0.010725 by 2025.
What will the Telcoin price be in 2026?
Telcoin (TEL) price is expected to reach $0.013108 by 2026.
What will the Telcoin price be in 2027?
Telcoin (TEL) price is expected to reach $0.015491 by 2027.
What will the Telcoin price be in 2028?
Telcoin (TEL) price is expected to reach $0.017875 by 2028.
What will the Telcoin price be in 2029?
Telcoin (TEL) price is expected to reach $0.020258 by 2029.
What will the Telcoin price be in 2030?
Telcoin (TEL) price is expected to reach $0.023356 by 2030.