As the world becomes increasingly connected, the demand for telecommunications services only continues to grow. This is especially true for countries in the developing world, which are looking for ways to improve their economy and expand access to education and other important services.
One company that has been able to capitalize on this trend is Telcoin. This cryptocurrency quickly gained popularity in the telecommunications industry. This article will discuss our comprehensive Telcoin Price Prediction and whether it’s a good investment.
Telcoin Overview
| Project | Telcoin (Tel) |
| Current Price | $0.002971 |
| Market Capitalization | $191.34 Million |
| All-time High | $0.0600 (May 2021) |
| All-time Low | $0.002759 |
| Circulation Supply | 66.96 Billion |
| Maximum Total Supply | 100,000,000,000 TEL |
| Social Media | Twitter, Medium, and Facebook |
| Official Website | https://www.telco.in/ |
What is Telcoin?
Telcoin is a blockchain-based telecom coin that allows users to send and receive payments anywhere in the world. This telecom-focused cryptocurrency uses blockchain technology to give every mobile phone user in the world affordable yet high-quality decentralized financial products.
It was founded in 2017 by a Singapore-based organization headed by Claude Eguienta and Paul Neuner. They aimed to become the go-to coin for mobile airtime top-ups and remittances.
The team behind Telcoin believes that their experience in the telecommunications and blockchain industries will help them achieve their goals. Some of these goals for the network are to:
- Offer fast and reliable traditional fiat and blockchain transactions;
- Offer instant international money transfers through its Telcoin wallet app;
- Become the primary currency utilized by telecom carriers to deliver money to their customers;
- Become the tool for making money transfers easier;
- Worldwide promotion of self-custodial financial products;
- Increase the value and incentives for mobile phone users; and
- Match with existing mobile wallets
Given these promising contributions to the remittance market, we’ll see if TEL is profitable based on its future price movements. We’ll present an advanced technical analysis tool prepared by market analysts to see if these low-cost digital remittances offered by the Telcoin app make it worth adding to your investment portfolio.
Telcoin Technical Analysis
In this section, we shall examine the TEL coin price’s long-term performance:
D3 Chart – Long-term price analysis
With regards to the long-term performance of $TEL, it’s obvious that $TEL currently is in its markdown phase – the last phase of an asset in its growth cycle.
The accumulation phase started from Oct 28, 2019 to early of 2021, lasting about 426 days. In this phase, $TEL fluctuated with such a huge amplitude, varying from 0.00016 to 0.00046.
During the following phase, known as the mark-up phase, Telcoin saw extraordinary growth in price, with an absolute 400,000% increase from the beginning of the phase to its highest price at 0.064. This level of growth made Telcoin one of the top-performing coins in the bull market of 2021.
The distribution phase for $TEL lasted for about six months, ending in November 2021, which was also a peak period for the crypto market. The distribution phase concluded with a particularly high volume trading day on November 3, 2021, with activity about 400% higher than usual.
Right now, $TEL had declined 67% from its ATH, losing two third of its hype market capitalization.
It’s difficult to say for certain when the mark-down phase will come to an end, but we believe that the next cycle for $TEL will have a higher low than the previous cycle. This would suggest that the overall value of $TEL is increasing, even during periods of downturn in the market.
Price prediction according to market cap
Next, we shall calculate the price of $TEL when it’s achieving the market cap milestones. We shall not provide any investment advice, please do your research before any investment decision.
Right now TEL market capitalization is around $146M, having its price at $0.0021.
$500M Market cap
Achieving a market capitalization of $500 million is a significant milestone for any project in the crypto market, as it demonstrates the value and recognition of the project by the general public. This is seen as an important indicator of the project’s success and potential for growth.
$TEL coin had achieved the $500M market cap before, when $TEL reached its ATH. The price for this milestone shall be $0.06 or it depends on the circulating supply of $TEL.
Reaching the old ATH means that there shall be a new cycle of the crypto market. We believe the appropriate time for this shall be 3-6 months after the next halving of $BTC – around 2024 – 2025.
$25B Market cap.
We believe it’s important to highlight this milestone for $TEL because the coin operates within the international money transfer industry, where Ripple (XRP) is currently the dominant player with a market capitalization of $25 billion.
It’s important to keep in mind that the crypto market can be highly volatile and subject to sudden changes in value. While it may seem like certain coins are reaching astronomical heights, it’s important to remember that this is not uncommon in the world of cryptocurrency. In fact, the $TEL coin has previously experienced a dramatic 400-fold growth during a previous market cycle. This just goes to show that, in the crypto market, anything is possible.
However, it’s not just a matter of luck or random chance that drives the value of a coin. For a coin like $TEL to reach such heights again, it must prove itself to be a valuable and reliable investment. This means demonstrating a strong track record of stability and growth, as well as having a clear and compelling vision for the future. If $TEL can do this, then there is no reason why it couldn’t potentially experience similar growth in the future. Ultimately, it’s up to the market to decide, but with the right combination of factors, it’s possible for a coin like $TEL to reach new heights once again.
The price for this milestone shall be $3 or it depends on the circulating supply of $TEL.
Telcoin Price Prediction
In this article, we’ll not only show the Telcoin prediction for 2022. We’ve also researched the latest data gathered for Telcoin price predictions from 2023 to 2040 to forecast the potential tel price. We’ll look into the maximum price value, minimum value, and average price value of the future price of Telcoin. So if you’re interested in investing or selling Telcoin, we suggest you continue reading.
This TEL forecast will present the maximum price level, minimum value, and average trading price of Telcoin TEL. We’ll begin with the Telcoin price prediction in 2022 and end in 2040. It should be noted that Telcoin’s price could change anytime, and this TEL price forecast is based on observations as of this writing.
The data we’re presenting is based on the available Telcoin TEL forecast announced by market analysts. The price of Telcoin you’ll see should be taken as something other than your only source of investment advice. We encourage you to conduct your own research by reading whitepapers, listening to podcasts, and subscribing to YouTube channels that discuss crypto.
Telcoin Price Prediction 2022
Let’s first look into how it did this year and see how the Telcoin price prediction for 2022 is possibly ending.
According to experts, TEL price is having difficulty competing with other currencies in the crypto market. In fact, a TEL price forecast revealed that the Telcoin price continued to fluctuate and fell by nearly 0.16% during the last quarter of the year.
In 2021, the Telcoin price prediction for 2022 was expected to have a minimum price of $4.20, while its maximum price would be $4.72. The average price of Telcoin was set to land at $4.59.
On the other hand, we’ve seen that the price of Telcoin (TEL) did not meet its price prediction expectations, as it barely reached a dollar. Its current price is only $0.002971. However, business analysts and other experts continue to root for the future of this Telcoin project.
Telcoin Price Prediction 2023
According to the technical analysis surrounding the Telcoin ecosystem, its price will surge a little higher next year. They are convinced it would reach the highest price of $0.0049995, while its lowest price would be $0.0039996 before the year ends. The average price for the TEL token is also set at $0.0039996.
Telcoin Price Prediction 2024
If the TEL price prediction made by experts is correct, there’s a chance that the price of Telcoin will reach $0.0069993 at the maximum level and $0.059994 at the minimum price level. The average price is the same as the maximum price being $0.0069993 by the end of 2024. Factors to consider for this surge in price are the Telecom industry’s improvement.
Telcoin Price Prediction 2025
The Telcoin TEL Price Prediction 2025 released by business analysis is also positive. This Telcoin forecast emerged based on the live price chart available today.
Since there’s a bright future awaiting mobile network operators due to the popularity of peer-to-peer transactions, the expected maximum price value of TEL will reach up to $0.0109989. In contrast, the minimum price of Telcoin might land at $0.0089991, and its average forecast price will be $0.009999.
Telcoin Price Prediction 2026
Being one of the most trusted and sought-after platforms in the crypto market and due to the role the Telcoin foundation plays in improving traditional financial institutions, experts expect that its price will gradually rise in 2026. With that, the price predicted for the TEL tokens in 2026 will be $0.0169983 at the maximum level and $0.0139986 at the minimum level. The average value for this Telcoin (TEL) price prediction could land at the same spot as the predicted minimum value of $0.0139986.
Telcoin Price Prediction 2027
The Telcoin (TEL) price prediction for 2027 remains positive because it suggests that the price of Telcoin will reach $0.0239976 at the maximum value and $0.019998 at the minimum price value. Telcoin price could get an average price of $0.0209979 by this time. One factor experts are looking into is the continuous improvement of the company’s official wallet, which will expand the Telcoin cryptocurrency to the rest of the globe.
Telcoin Price Prediction 2028
The Telcoin price forecast for 2028 is hopeful that the TEL price will have a maximum value of $0.0349965 and a minimum value of $0.029997. The average trading price is expected to land at $0.0309969. Reasons for such a surge could be due to enhanced Telcoin protocol regarding the “sell” and “exchange” of Telcoin TEL and the increase in its circulation supply.
Telcoin Price Prediction 2029
For 2029, TEL price prediction is expected to have $0.0519948 at the maximum level and $0.0419958 at the minimum level. Meanwhile, its average forecast price is expected to be $0.0429957. The predicted price for this year could mean that more people exchange Telcoin or are eager to invest in it.
Telcoin Price Prediction 2030
Experts in the technical analysis prepared for 2030 predictions and expect that the TEL coin will go further from its current price. They foresee that the TEL price will reach $0.0739926 at a maximum price and $0.0.0619938 at a minimum price. The average Telcoin price will be $0.0639936.
Telcoin Price Prediction 2031
The possible maximum price value for the TEL token is $0.109989, and the minimum price prediction could be $0.0879912. The average trading price might land at $0.0909909. This Telcoin price forecast is inspired by the Telcoin foundation’s continuous initiative to excel in the telecom industry and the telecommunications market, making it a possible profitable investment in a few years.
Telcoin Price Prediction 2035
There aren’t many Telcoin price predictions to answer the question of many mobile phone users: “How high can Telcoin go” between 2031 and 2035? However, a technical analysis of the TEL token expects that the rise of Telcoin TEL in the crypto market will be more gradual than other currencies.
Other experts’ Telcoin price prediction for 2035 predicts that the value will be $0.07171 for its maximum price and a minimum value of $0.003151. The average price could be $0.03462.
Telcoin Price Prediction 2040
Although the year is quite far from today, some analysts have already announced their Telcoin price prediction for 2040. They assume that the market’s volatility could influence the price of Telcoin. Experts believe its expected maximum price would fall to $0.07392. The Telcoin TEL could also reach a minimum value of $0.005433 and an average value of $0.03287.
How to buy Telcoin
If you’re interested in where to buy Telcoin, we’ll tell you some of the most popular places to go. We’ll also provide a tutorial as to how you can do it.
Plenty of cryptocurrency platforms and exchanges offer the selling of TEL coins. Most of them also allow you to pay using fiat currency. To buy Telcoin, you can visit the following trades:
For this tutorial, however, we’ll show you how to use KuCoin to buy Telcoin. KuCoin offers more than 700 coins you can buy, sell, or trade safely.
Step 1: Open your KuCoin account.
To purchase a TEL coin, ensure you’ve deposited money in your KuCoin. There are two options for depositing on the platform.
Option 1: Using Fiat
To use fiat money, head on the “Buy Crypto” option on the upper part of the screen. Then select “Fast Trade.”
Fill out the needed information to finish the process. Choose among the available payment methods–debit or credit–to complete. Take note that we’re buying USDT because TEL is not directly available on the platform.
Option 2: Using Deposit
On your home screen, tap the Wallet icon then choose “Main Account.”
After that, find “Deposit.”
It will show you two options: Deposit Crypto or Deposit Fiat. Select whichever you prefer. But since we already used fiat in option one, this tutorial will use the Deposit Crypto option.
From there, just find “TEL” in the Select a Coin option and choose a network to use. Make sure the deposit network and the withdrawal network are the same. Otherwise, you risk losing your valuables.
Copy the address that will be shown on your screen once you’ve made the selection.
Step 2: Head over to “Markets.”
After depositing in your account, you may now proceed to purchase TEL tokens.
Step 3: From the Spot Trading tab, ensure that you’ve clicked “USD” and “USDT” if you have them as currencies.
Step 4: Go to the search bar and type “TEL”
Once the TEL coin shows up, simply click it.
Step 5: Input your desired amount, limit, and other information needed to Buy TEL.
Conclusion
While there are no guarantees in the world of cryptocurrency, Telcoin has the potential to change the way we make and receive payments. The company behind Telcoin is constantly expanding its partnerships, which will help increase the adoption of Telcoin around the world. With the global telco industry expected to grow in the coming years, the Telcoin price prediction shows that it’s well-positioned to take advantage of this growth and emerge as a leading player in the space.
FAQ
Is Telcoin a good investment?
Many experts believe that Telcoin is an excellent investment option to be added to your portfolio. It has the potential to surge in the future. While analysts don’t see a rapid increase in its value, it’s still worth researching to decide whether you should consider investing in TEL coins.
Can Telcoin reach $1?
Unfortunately, no existing records predict that Telcoin will reach $1 in the near future. Although it’s not impossible, it may take some time for it to happen.
How high can Telcoin go?
Most experts have expressed in their Telcoin price predictions that the TEL price will stay within its price now. At most, its price might reach $0.005 by the end of the year.
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