This article was last updated on October 11, 2022
Energy Web Token is the governance and utility token of the Energy Web Chain, which is a blockchain-based VM (virtual machine). It aims to develop and support applications for the energy industry. Because of that and the potential of the project, we wanted to share with you our Energy Web Token (EWT) price predictions/forecasts for the years 2022-2030.
- Energy Web Token (EWT) is a utility token of the Energy Web Chain.
- According to our technical analysis, Energy Web Token (EWT) will reach a price point of $7.69 in 2025.
- Sometime in the second half of 2030, Energy Web Token (EWT) will reach $17.51.
Make sure to also check out our FAQ section below.
Over the past week, the price of Energy Web Token (EWT) remained around $3.94. The circulating supply is 30.06 million tokens. The market cap went up to $118 million.
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Energy Web Token (EWT) Price Prediction 2022-2030
Energy Web Token’s future price is difficult to predict as it is reliant on a number of factors, including the performance of the Energy Web Token network, global economic conditions, the stock market, and the price of other cryptocurrencies.
However, if Energy Web Token continues to grow as a project at its current rate, it is possible that the price evaluation for EWT could easily go back to its past prime and probably even surpass it.
Keep in mind that these are mainly speculations, although supported by facts and some fairly solid factors. With that being said, let’s head on to the interesting part.
2022 – Energy Web Token (EWT) Price Prediction
Some of the financial industry’s top names have lent their weight to Energy Web Token’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrencies in general.
According to that and to Energy Web Token’s performance over the past year, it may achieve a tremendous boost by this year’s end and go over the price point of $4.41.
More precisely, we expect the price of EWT to move between $4.35 and $4.52.
Many analysts have made Energy Web Token’s price predictions for 2023, and the general consensus is that the price of Energy Web Token will continue to rise. This is based on a number of factors, including the increasing use of the Energy Web Token blockchain, the growing popularity of crypto, and the overall positive outlook for the global economy.
While it is impossible to say exactly what the price of Energy Web Token will be in 2023, most experts agree that it has the potential to reach new heights. More realistically, we can expect the price of Energy Web Token to drop a little and then reach $4.94 – $5.17 by the end of 2023.
If the growth of Energy Web Token continues, we can easily see it getting massive adoption. Our price prediction for 2024 is as conservative as possible in order to not misguide you.
According to our technical analysis, by the end of 2024, the price of Energy Web Token will reach at least $6. If we let ourselves be a bit more speculative, we’d raise it to $6.43.
2025 – Energy Web Token (EWT) Price Prediction
According to many Energy Web Token enthusiasts and their price predictions, EWT prices may rise dramatically in the trading range between $6.87 and $7.16.
Keep in mind that this could also be the year when we see another bear market, in which scenario the price can drop by up to 80%, resulting in a price evaluation for EWT at around $0.93.
However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, the idea of EWT as a cheap and convenient digital asset might become a reality.
For this scenario, we must also consider that the Energy Web Token network can significantly expand and develop. In that case, prices may even go as high as $7.69, but that is quite ambitious.
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Keeping our conservative approach, we won’t try to make ridiculous price predictions for Energy Web Token. Although many analyze and believe that by 2026 the price of EWT will be at least $8.52, we’d give a different value.
2026 is actually not too far away, but in terms of crypto, it is. According to our analysis, Energy Web Token will be evaluated at anywhere between $9.33 and $9.86.
As the years go by and Energy Web Token continues its expansion and proves its utility, we can easily see it growing in the evaluation as well.
By that, we mean that EWT will be evaluated at around $10.37 – $11.39. Through technical analysis, it appears that the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.
In 2028, if Energy Web Token comes out with new projects and experiences further adoption, we can see it potentially reaching a price of $12.58 – $12.92.
Hopefully, the project will continue to develop and attract even more crypto users; otherwise, it is possible that it will lose most of its value by 2028.
For the last year of the decade, numbers show that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.
As such, Energy Web Token will be moving from around $14.43 to $15.45 easily, although we can also see it reaching the price point of $16.
2030 – Energy Web Token (EWT) Price Prediction
Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about eight years into the future.
Some experts have forecast that Energy Web Token’s price could reach up to $17.51 by 2030. This would be a significant increase from its current price. However, it is important to remember that Energy Web Token is growing, and so is its adoption rate, utility, and potential. Thus, a conservative approach might be more accurate only for the first half of the decade.
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Energy Web Token (EWT) Price Predictions 2022-2030 – Table
|EWT Price Prediction||Minimum Price||Average Price||Maximum Price|
|2022 Price Prediction||$2.20||$4.35||$4.52|
|2023 Price Prediction||$3.98||$4.94||$5.17|
|2024 Price Prediction||$4.11||$6||$6.43|
|2025 Price Prediction||$0.93||$6.87||$7.69|
|2026 Price Prediction||$7.14||$9.33||$9.86|
|2027 Price Prediction||$8.25||$10.37||$11.39|
|2028 Price Prediction||$9.33||$12.58||$12.92|
|2029 Price Prediction||$12.32||$14.43||$15.45|
|2030 Price Prediction||$13.37||$16.52||$17.51|
Taking all of the above into consideration, it would appear that EWT is a very promising investment. Thus the price predictions for EWT are exceptionally positive, mainly because the token does have a lot of potential.
Of course, as with any investment, there is no guarantee that EWT will reach the predicted price points. However, if you are looking to invest in cryptocurrency, EWT is definitely worth considering.
We will keep an eye on the development of Energy Web Token and how it performs. Its potential, in tandem with our price predictions, makes us keen to see what lies in the future for Energy Web Token.
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