This Telcoin price prediction shows that the opinion of respected crypto experts and technical-based analysis combined predict that the long-term forecast of Telcoin and its native token of TEL has the potential to surge by over 100% between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy TEL Coin.
“Virtual currencies may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system.”– Ben Bernanke, Chairman of the Federal Reserve
Table of Contents
News about Telcoin
- Telcoin (TEL) – Finally showing Strength
- What is Telcoin? The cryptocurrency opening up the wealth pool
Decentralized finance and the blockchain have revolutionized countless aspects of our personal lives and global businesses. Amongst them, is international transfer. One of the crypto projects leading the way in allowing for faster multichain transactions that let you send money around the world for a low price is Telcoin.
By leveraging the blockchain, Telcoin facilitates high-speed, low-cost international remittances. It has formed solid partnerships with various telecom and mobile finance platforms to let people transfer money around the world with as little effort as sending a text message.
In an increasingly globalized world, crypto projects with real-world usage like Telcoin play an ever-growing role. As a result, this innovative crypto asset has seen tremendous growth in recent months and many expect it to potentially grow even more in the years to come.
But are you wondering if it’s too late to start investing in Telcoin? You’re not alone, many people are curious about whether investing in it now is a good idea. I was one of those people until I began to use a range of factors to research the future price of Telcoin such as:
- Price history
- The latest legislation
- Prediction strategies
- Expert analysis
- New investors
By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in Telcoin. For example, statistics from the leading trading platform of eToro tell us that sales have skyrocketed in the past few months, demonstrating that demand for this coin is very high.
But what does the future hold for investors who get on board now? Will it rise even further? Our Telcoin price prediction aims to answer all. But first, let’s start with just what this innovative crypto is and how it works.
What is Telcoin?
Telcoin was founded in Singapore back in 2017 by two men named Paul Neuner and Claude Eguienta. Neuner had over a decade of experience in the telecommunication sector and Eguienta had equal experience in the world of tech and startups. Put simply, their overall aim was to allow people around the world to transfer money as they wish in the shortest amount of time possible.
Based on the Ethereum blockchain, Telcoin began as a decentralized cryptocurrency and a remittance payment system. It soon formed a range of partnerships with both telecom companies and payment transfer platforms to provide cutting-edge money transfer services to its users.
When it comes to the world of remittance, the blockchain is increasingly playing a huge role and Telcoin is firmly establishing itself as a leading player. An often-overlooked financial lifeline in the West, remittance plays a crucial role in many developing countries such as Somalia where remittance payments from ex-pats living abroad make up around 35.3 percent of the country’s GDP.
Historically, the remittance sector has been dominated by powerful centralized companies who often charge extortionate fees for people sending money abroad. Telcoin is leveraging existing mobile payment infrastructure to provide a low-cost alternative that is also efficient and user-friendly.
Pros and cons of Telcoin
Like any decentralized project, Telcoin and its native token of TEL have their fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of Telcoin.
|✔️ Telcoin has a generous incentive system for operators who are connected to the Telcoin platform.
|❌ Global adoption of crypto is still slow so Telcoin is struggling to become a global brand.
|✔️ It has its own secure and reliable crypto wallet for its users to safeguard their finances.
|✔️ Efficient mobile app allows its users to manage their finances and send money on the go.
Do you still have questions about Telcoin? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about Telcoin to give you a better understanding of the original digital asset and its price potential.
Who uses Telcoin?
Telcoin is used by those wishing to send payments internationally in a fast, cheap, and convenient way. For people working abroad and sending money to their family in their homes country, Telcoin provides a welcoming alternative to the centralized companies that have traditionally dominated the remittance sector for years.
How does Telcoin gain value?
Like most cryptocurrencies, the value of Telcoin is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to its innovative nature and continuous growth of significant partnerships, support for Telcoin is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value will likely grow in sync.
Can Telcoin reach $1 per token?
Based on its recent price surges and innovative nature of being a unique remittance platform with a growing userbase looking to make international money transfers at a low cost, it’s possible that Telcoin could reach $1 per token in the long term.
Where do people buy, sell, and trade Telcoin?
Experienced crypto users can buy, sell, and trade Telcoin from several crypto exchanges. However, if you are a new investor, then we suggest using a brokerage like eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.
Telcoin Price History
In 2017, the year that it was founded, Telcoin’s native token of TEL began at around $0.0003. Aside from a few price drops synonymous with any cryptocurrency, this innovative asset began rising slowly. By 2018, it had hit $0.004 and in 2019 it rolled on towards a new ATH of $0.009.
Since then, it has continually seen a healthy rise as more and more people see the range of uses in Telcoin. Many people predict this will continue and that this crypto project has a bright future ahead indeed. But let’s see what the experts have to say.
Expert analysis of the Telcoin price potential
One of the best tools we can use to try and determine the potential future price of Telcoin is to analyze the opinions of various crypto experts. Let’s delve into three estimated growth outlooks for various industry experts and analysts.
WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. When it comes to Telcoin, they are fairly bullish. Over the long term, WalletInvestor predicts that the price of Telcoin could reach somewhere around $0.0453 by the end of this year and an impressive price of $0.138 by the end of 2025.
DigitalCoinPrice is fairly bullish on its Telcoin outlook and expects the price to gradually increase over the long term. DigitalCoinPrice predicts it to reach $0.0317177450 by the end of 2021, $0.0455449704 by the end of 2023, and finally, a figure of $0.0628613173 by 2025.
Another rather bullish expert analysis on Telcoin is LongForecast. They predict the price in 2021 to potentially reach up to $0.0267 by the end of the year. By the end of 2023, they expect it to reach $0.0448. And finally, $0.0535 by the year 2025.
Overall, the expert analysis on the future price of Telcoin is overwhelmingly bullish with some potentially lucrative returns in store for investors. But what does the technical analysis tell us about the price potential of this innovative digital asset?
Technical analysis of the Telcoin price potential
Now we move on to technical analysis to try and predict the future price of Telcoin. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.
Telcoin Price Prediction 2021 – 2022
Since the beginning of 2021, the price of Telcoin skyrocketed by 91% from $$0.0107 to its current price of $0.0204. It’s predicted that the Telcoin price will rise an additional 31% in the second half of 2021 and it’s then expected to close the year at $0.0267. A year-to-year change of +150%.
Telcoin Price Prediction 2022 – 2023
After starting the year at $0.0267, it’s predicted that the price of Telcoin will rise to $0.0280 per coin in the first half of 2022, it’s then expected to gain $0.0030 and finish the year at $0.0310, which is a +52% gain on the current price.
Telcoin Price Prediction 2023 – 2024
After starting 2023 at $0.0310, Telcoin is expected to rise to a figure of $0.0380 midway through the year before going on the rise again and ending the year at $0.0448 at an overall annual increase of 120% from the current price.
Telcoin Price Prediction 2024 – 2025
After starting 2024 at $0.0448, Telcoin is expected to drop slightly to $0.0426 halfway through the year. The second half of 2024 is expected to see the price rise again and finish the second half of 2024 at $0.0481. That’s an overall annual increase of 136% on the current price.
In summary, Telcoin is a very unique addition to the crypto sphere and provides a welcoming alternative in the remittance sector which has traditionally been dominated by centralized companies and high fees.
From lower transaction fees to higher payment speeds, Telcoin is a very attractive investment with real-world usage for a lot of people. Both the expert and technical analysis align to predict a potentially fruitful future in store for Telcoin and its native token of TEL.
Whilst many people can see the significant potential in Telcoin, there is a significant number of people who are wondering where to invest in this innovative investment for the long term. The answer lies in a reputable and well-established trading exchange with access to vital trading tools like eToro.
Where to buy Telcoin?
Telcoin is available to buy and trade on eToro alongside 18 other cryptocurrencies. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading.
What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on crypto. This allows you to multiply small amounts to become large powerful positions that drive massive profits.
Overall, the financial situation, risk tolerance, and investment strategy of each person vary. Cryptocurrency is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.
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Disclaimer – The content in this Telcoin price prediction is for informational purposes only and is not investment advice. The trading of Telcoin and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.