Stormx.io takes pride in being the first crypto company to acquire a jersey patch within the NBA by partnering with the Portland Trail Blazers. They’ve combined the powers of the blockchain with traditional cashback to create something so easy ANYONE can use it.
They’re adding new stores every day to ensure that you’ve got an option for Crypto Cashback when you shop. If you haven’t gone crypto yet, and you’re a basketball fan, now is the time to consider this option of getting more bang for your buck.
Some months ago, a crypto enthusiast athlete has tried to tokenize his NBA contracts and promised that if the GoFundMe donations complete the intended $25 million, he will allow fans to decide which team he plays for next.
One startup has built its blockchain, called Flow, sidestepping the popular Ethereum blockchain, which the vast majority of successful NFT platforms live on today. Dapper Labs is betting that won’t be the case for long. So, let’s get on with StormX and see if you can consider the STMX crypto for your portfolio.
Image Courtesy: TradingBeasts
What’s StormX potential?
StormX price prediction is dependent on the historical data of Stmx since its launch in 2015. StormX ecosystem is one of the first global crypto-based solutions to reach international markets using blockchain technology.
StormX managed to penetrate the crypto market as an internet browser extension and mobile phone app known as StormX app to introduce cashback to users as a form of reward. Every user on the platform is guaranteed crypto cashback upon shopping with the listed partners.
Cashbacks have been used over the years as a promotional tool to encourage online purchases using credit cards. StormX bridges the gap between fiat-based cashback and crypto cashback rewards in a unique way that ensures the longevity of the entire project.
StormX appears to be a promising venture based on the coin’s market forecasts and current forecasts as an investment. StormX cryptocurrency is hugely dependent on the adoption of the technology within the cryptocurrency market.
Since the price prediction indicates a relatively bullish trend over the next few years, StormX Stmx coin indicates a lucrative long-term prognosis. It has already established partnerships with renowned enterprises like Nike, Lego, and Samsung.
StormX Stmx has established itself as a pioneer in the crypto cashback industry; with incredible cashback percentages of up to 87.5%, the platform is ahead of fiat-based cashback programs.
Before we analyze StormX price prediction 2021 and beyond, let’s look at the current StormX price and what makes StormX Stmx unique.
StormX Overview
StormX Overview
| Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
|---|---|---|---|---|---|---|---|
 | STMX | $ 0.018706 | $ 173.72 M | 5.97% | 9.29 B | $ 3.72 M |
What is StormX?
StormX provides an integrated platform that allows interaction between fiat-based purchases and crypto rewards. The platform is unique in the sense that it is seamlessly intertwined with the overwhelmingly popular fiat purchases.
The long-term forecast of StormX is extremely bright since it goes a step further in integrating everyday purchases with the cryptocurrency market. This way, it facilitates a smooth integration of crypto into the mainstream fiat-based market.
What does this mean for cryptocurrencies and StormX in general?
With the project’s successful launch back in 2015, the platform has managed to introduce several non-crypto experts to the crypto industry. It tends to include a wide range of shoppers in the crypto space, making it one of the most prominent marketers of cryptocurrencies.
Additionally, STMX (coin’s ticker) price has increased over the years. The blockchain platform has expanded its usability to include profit-making features. For instance, today, token holders on the platform can stake StormX tokens to earn more returns.
StormX users can interact directly with smart contracts on the blockchain to earning interest by locking their cryptocurrency tokens. Currently, StormX has partnered with nearly 750 e-commerce stores already part of the StormX cryptocurrency cashback program.
For long-term holders, it is essential to note that StormX has received considerable funding from investors due to its strong reputation and promising future. The native token has garnered significant price gains over the years, and the bullish momentum is projected to continue.
Let’s analyze StormX price prediction by carefully examining its price history using technical and fundamental analysis of the price action.
StormX price history and technical analysis
Courtesy: CoinMarketCap
Its price history determines the current price of StormX. When establishing the StormX coin forecast, it is essential to utilize advanced trend analytics and StormX technical analysis of the token’s price action.
According to Coingecko’s data, the Return on Investment (ROI) from the Stmx cryptocurrency has been 241% since its launch in 2015. The market cap for StormX is currently at $311,257,717, which is estimated to be 0.01% of the total market capitalization of cryptocurrencies, which is interpreted as market dominance.
With a trading volume of $47,832,583, the total market cap rank of StormX places it as the number #210 cryptocurrency on Coingecko. The STMX cryptocurrency recorded an all-time low early in March 2021 when it recorded $0.00057665 lowest price.
The StormX token recorded an all-time high of $0.165032 in Jan of 2018. Based on today’s price, that’s about a -80% decrease from the all-time high price.
Moving forward with the StormX price forecast, it is evident that the resistance level and support levels have been stabilized over the years. The STMX cryptocurrency is expected to shoot upwards in the coming years, making it an excellent venture for long-term holders and day traders.
Since StormX allows holders to stake and earn rewards from their cryptocurrency tokens, it is in itself an excellent venture for the long term. Every token’s success is always dependent on its utility and overall profitability to the holders.
Below, let’s dissect some of the merits and demerits of buying and holding StormX, based on StormX price prediction and current StormX Stormx coin price.
Pros and Cons of investing in StormX
Purchasing cryptocurrencies is considered risky since several unforeseen risks are involved when buying and selling in a speculative industry like the cryptocurrency space. However, more cryptocurrency tokens are considered more difficult than others; for instance, nearly all Altcoins are riskier investments than Bitcoin because Bitcoin has enough validation, and most Alts are still dependent on Bitcoin price performance.
Similarly, Stmx price is massively dependent on the Bitcoin price trajectory; in essence, whenever Bitcoin value appreciates, the price of StormX appreciates as well.
Essentially, the risks involved when buying and holding in StormX are also highly dependent on the sustainability of the StormX project itself, its longevity, and, most importantly, what it offers to its holders. Below are some reasons for buying and holding in StormX based on the price of StormX and its forecasted price.
Pros of investing in StormX
Based on StormX price predictions, the Stmx cryptocurrency price prediction indicates long-term bullish momentum. STMX price will continue to increase in value over time to record new all-time highs in the future, making it a generally lucrative venture.
Below are some of the pros of buying and holding StormX;
- StormX gives you a chance to participate in a long-term blockchain project that seeks to popularize cryptocurrencies in the mainstream online shopping industry through cashback, which is a promising venture in the crypto space for the long-term
- StormX forecast indicates a strong bullish trend from 2021, meaning long-term holders stand a chance to multiply their money considerably over a more extended investment period.
- StormX is a venture that shows solid future bullish trends, and chart analysis indicates that it’s a good time for long-term holders to join in. The digital asset has decreased in value over time but has managed to withstand more persistent bearish trends. Chart research shows that trading volume is continuously increasing, which will, in turn, lead to an inevitable rise in the Stmx cryptocurrency price.
- The StormX cryptocurrency is part of the ERC-20 digital currencies directly linked to the blossoming Ethereum blockchain. Buying and holding StormX stmx cryptocurrency allows users to benefit from the security features and support of the Ethereum blockchain.
Cons of investing in StormX
Equally, there are demerits of purchasing and holding Altcoins with low dominance. There is a significant risk in the collapse of the entire project if everything goes south within the organization.
Due to such reasons, it is crucial to account for your venture decisions by doing your reading before committing to a specific cryptocurrency.
Below are a few demerits of buying and holding cryptocurrency tokens like StormX (STMX).
- StormX is a speculative project, and the stmx price depends on the success of the platform. Buying and holding the Stmx cryptocurrency requires careful analysis of the project to determine its longevity.
- A profitable venture in the long term needs to provide potential massive gains; ideally, StormX can happen to be a profitable venture, but as it stands, there is a sign that the Stmx cryptocurrency will appreciate at a much slower pace than other cryptocurrency tokens.
Market prediction for StormX (STMX) 2022
The price change of currencies such as StormX is relatively negligible on the Coingecko site. However, chart readings indicate that the Stmx cryptocurrency will experience a sharp price increase in 2021 till the end of the year.
Chart analysts are incredibly optimistic about what will happen to StormX’s price over the long term. Based on chart data for 2021, the STMX cryptocurrency will continue to increase in value from today’s price until December.
Based on today’s data from Coingecko, the Stormx token is selling at $0.03. Trends and forecasts for 2021, the STMX cryptocurrency is expected to record a low price of $0.03 and a high price of $0.05 in November. The expected mean price in November for the StormX STMX is $0.04.
In 2021 December, the prices are expected to increase even further, as the STMX cryptocurrency forecasts indicate the Bullish momentum will continue in December. Based on the available data, the price prediction for December 2021 is as follows.
A low price of $0.03 is forecasted for December. Similarly, the high price of the Stmx cryptocurrency is expected to hit the $0.05 mark. Based on the price action on the charts, the average expected price of the Stmx cryptocurrency in December is $0.04, which is also expected to be its closing price by the end of the month.
Price prediction for StormX price from TradingBeasts
Image Courtesy: TradingBeasts
TradingBeasts have a positive sentiment on the price of StormX over a long period. Their analysts are convinced that the Stmx cryptocurrency’s value will appreciate over time. In essence, their inferences from the Ichimoku cloud, moving averages, and awesome oscillator indicate a solid bullish trend moving forward.
The STMX price predictions, according to TradingBeasts, are pretty conservative, showing a slight increase in the overall price of StormX.
Based on the price prediction data of StormX, the Stmx cryptocurrency is expected to record a high price of $0.0511246 in December 2021. Similarly, the lowest price of the cryptocurrency in the same month is expected to be $0.0347647, with a mean price recording of $0.0408997 recorded at the end of the month.
By considering these projections, the cryptocurrency is suitable for both short-term and long-term holders looking to profit from the minimal price changes of the Stmx cryptocurrency.
Price prediction for StormX from Wallet Investor
Image Courtesy of Wallet Investor
Wallet Investor is always aggressive about Price predictions by giving bold predictions. According to their data, StormX’s (STMX) price prediction is bullish for the next few years.
According to Wallet Investor, the price action on the charts show that StormX cryptocurrency is suitable for long-term investments and long-term holders are essentially safe buying and holding the STMX cryptocurrency.
A one-year price prediction of STMX price prediction indicates that the price could hit higher highs of $0.0595. The increase demonstrates that the Stmx cryptocurrency can offer valuable profits over the long term. The price prognosis for a more extended period, for instance, 2026, shows that it can record prices of up to $0.182, which is quite impressive for cryptocurrency holders.
Wallet Investor essentially basses its forecasts on intelligent data analytics techniques. Based on StormX price prediction, its five-year forecast represents a percentage increase of +$444.91%. Therefore, if you purchase 1000 dollars worth of StormX coin today and hold for five years, based on these forecasts, your venture is likely to be worth $5444.91.
Cryptopolitan’s verdict on StormX token
Generally, StormX is a good investment, considering the price action on the chart and the overall credibility of the project itself. The value of a utility token of any blockchain network is highly dependent on the utility of the project itself.
It is improbable that a utility token’s price can soar higher if the native project itself is not in demand. For instance, the main reason ETH cryptocurrency has continued to soar high is that the Ethreum blockchain has handled numerous projects within the cryptocurrency space, including NFTs, Metaverse, and other smart contract platforms for decentralized finance.
Similarly, the success of the StormX project is directly related to the long-term profitability of the StormX (STMX) cryptocurrency. Cryptopolitan’s investment advice would be for every investor to do their own research on the StormX current state and future projects to determine its long-term viability.
However, StormX forecast, based on chart trends, indicates that the cryptocurrency is appropriate and offers excellent growth opportunities for the long and short-term holders.
StormX price forecast for 2022
Image Courtesy: TradingBeasts
The StormX price forecast for 2022 is optimistic, and the cryptocurrency is expected to add value over time since it allows its holders to earn rewards by staking. Not many cryptocurrency tokens enable users to earn rewards on their platform, and since the support – according to chart analysis looks solid, the cryptocurrency is expected to appreciate considerable in 2022.
Based on the coins forecasts, there exists a high possibility of the cryptocurrency maintaining an upward form throughout the year. The StormX Stmx cryptocurrency is expected to record a low price of $0.0352983 and a high price of $0.0519093 by June 2022. Considering the prices, the average Stmx cryptocurrency price in mid-year of 2022 is expected to be $0.0415275.
By the end of 2022, the STMX cryptocurrency is expected to appreciate even more after regaining momentum from the support level. Essentially the STMX coin is expected to close the year with a mean buying and selling price of $0.0409636. It is likely that the minimum and maximum prices of $0.0348191 and $0.0512045, respectively.
StormX price prediction for 2023
Image Courtesy: TradingBeasts
Based on the tabular data above, forecasts imply that 2023 will be a slow-growth year for StormX (STMX) coins. The projected exponential growth is expected to slow down during 2023, as the cryptocurrency is scheduled to retest its resistance and support levels.
The token’s support levels will be retested during this period to set the pace for another extraordinary bullish momentum.
By mid-year of 2023, the cryptocurrency is expected to record a minimum cryptocurrency price of $0.0329717. During the same period, the cryptocurrency’s entire buying and selling prices are expected to hit a high value of $0.0484878. Notably, the expected highest value in 2023 is significantly lower than the expected maximum value in 2022, indicating a significant drop in cryptocurrency prices.
By the end of the year, the value STMX is expected to appreciate slightly from its mid-year value aiming to break out of its resistance level and initiate a bullish run.
As per the analysis, the cryptocurrency will record a maximum price of $0.0466930 and a minimum of $0.0317513. The expected average price at the end of 2023 is $0.0373544.
StormX price forecast for 2024
Image Courtesy: TradingBeasts
In 2024, StormX coins will have established strong support based on chart analysis. The cryptocurrency will then enjoy a solid bullish trend to propel it to break out of solid resistance.
The StormX mid-year speculated minimum price is $0.0370797; the maximum price is $0.0370797. This indicates a slight increase in the prices and from the previous years. The average price by mid-year is expected to be $0.0436232.
The StormX price is expected to record an even further price increase from its mid-year buying and selling prices by the end of the year. Based on future forecasts and price prognosis, the maximum and minimum prices are expected to be $0.0420258 and $0.0618026, respectively. The mean price expected by the end of the year is $0.0494421.
StormX price forecast for 2030
The price prognosis for StormX 2030 indicates that the Stmx cryptocurrency will have gained enough support due to the expected Storm price fluctuations over the years.
Based on the fundamental analysis, we can determine that the cryptocurrency can record a high buying and selling price of $0.88. The highest price expected for the Stmx digital cryptocurrency is $0.9. However, considering the possibilities of slow growth, the cryptocurrency can record lower prices of up to $0.5. These figures still indicate a satisfactory increase in the value of the STMX cryptocurrency.
Conclusion
StormX (STMX) cryptocurrency is not a new cryptocurrency since it has been in existence since 2015, and it has gained enough traction within the cryptocurrency marketplace. Therefore, the most appropriate financial advice for individuals looking to buy StormX is to conduct sufficient research. The information from the chart on the Tradingview website shows a vital sign of a bullish trend in the long run.
Therefore, investors are confident that the trendline indicates solid support for the StormX (STMX) cryptocurrency has been established, and the price is expected to continue on an upward trend from the end of 2021.
Since StormX has solid support from mainstream fiat-based online purchases, the cryptocurrency provides excellent venture opportunities. Based on the chart, the cryptocurrency depicts decisive price actions that can benefit day traders, scalpers, and long-term holders of the cryptocurrency.
FAQs about STMX
StormX has elicited different sentiments within the cryptocurrency space, with many cryptocurrency enthusiasts having a relatively positive feeling about it. The cryptocurrency has been endorsed by several StormX predictions platforms, indicating enough reason to back the cryptocurrency.
Although potential buyers and holders are always encouraged to conduct their research before committing to a particular cryptocurrency for a long-term venture, ideally, there exist some fundamental questions that linger on the mind of every aspiring cryptocurrency investor. Below, we analyze some critical questions that general investors, be it cryptocurrencies or fiat, usually ask before they decide to through their support behind a particular cryptocurrency.
Is StormX a safe investment in 2021?
Ideally, all investments contain a certain level of risk, and cryptocurrency investments are one of the riskiest investment vehicles due to volatility. It is difficult to determine if StormX (STMX) is an entirely risk-free venture; however, the cryptocurrency provides enough room for investors to grow their initial investments.
Since the price movements are speculated to be minimal during the last two months of 2021, the Stmx cryptocurrency is expected to increase in price slightly. Based on the price forecasts described above, the anticipated return from the current price to the expected price by December 2021 is not significant. Therefore, considering the risks involved in holding cryptocurrencies, investing in StormX (STMX) cryptocurrency is not recommended for a short-term period of 2 months. However, if you desire to buy a StormX cryptocurrency and hold it long-term, you are encouraged to do so.
What are the risks of investing in StormX?
The principal risks of buying and holding any cryptocurrency tend to cut across all cryptocurrencies. Volatility is a significant disadvantage for cryptocurrency investors. For example, $100 worth of Stmx coins invested today can easily be worth $55 the following day. Similarly, the same amount of Stmx tokens can be worth $200 or even more within 24 hrs. The volatility of these cryptocurrency tokens often scares away young investors who are starting in the cryptocurrency industry.
Aside from any venture’s general risks, StormX faces threats of stiff competition from other ERC-20 based tokens that attempt to provide similar utility to its users.
Also, since StormX has existed since 2015, yet it hasn’t made the headlines, it could be a worrying trend for interested individuals who may buy and hold in a dormant project.
Where can I buy StormX cryptocurrency?
StormX (STMX) cryptocurrency is available on several centralized and decentralized crypto exchange platforms. The cryptocurrency can be bought on popular cryptocurrency exchange platforms like Binance, FTX, Upbit, KuCoin, and Mandala Exchange.
Should I invest in StormX?
Yes, buying and holding StormX is an excellent idea since you do not only bank on the value increase forecasted by the price charts. By purchasing and holding the StormX Stmx cryptocurrency, you can benefit from other DeFi features of the cryptocurrency, such as staking.
Its holders can lock StormX to earn extra income through their staking program. Staking provides an opportunity for Stmx holders to make more interest compared to fiat-based saving accounts and CFDs on conventional centralized banking systems.
Is StormX profitable for short-term investors?
There is reliable information from the charts that indicate StormX is a potentially profitable venture for short-term holders and scalpers. The relatively volatile cryptocurrency undergoes a considerable price action that can support scalpers in scalping for potentially profitable trades.
Although the short-term is a relative term, investors willing to buy and hold the cryptocurrency for six months stand a good chance of making profitable gains. Likewise, well-educated and disciplined scalpers find numerous information by analyzing the price chart. The report can be used to determine the distinct support levels that allow scalpers to make profitable trades.
Should I buy and hold StormX for the long term?
For most cryptocurrency tokens, long-term holders likely enjoy the highest profit margins. Buying and selling cryptocurrencies is a daunting task that requires proper knowledge of trend analysis and current affairs.
Keeping up with current affairs in the cryptocurrency space is exhausting for a majority, and a lack of information can lead to bad trades. Due to this, scalpers are always in more danger of losing money compared to long-term holders.
As for the StormX (STMX) cryptocurrency, the long-term investment journey looks bright. The introduction of staking as an alternative means of earning money while holding your StormX tokens has significantly decreased the chances of failure for the entire project and its utility cryptocurrency.
Source: https://www.cryptopolitan.com/stormx-price-prediction/