Despite the impediments in the crypto sphere, optimism among cryptocurrency traders and enthusiasts has unwaveringly grown. Blockchain technology has been instrumental in developing novel financial solutions aimed at resolving primary everyday difficulties, and more than ever before, the demand for cryptocurrency innovations is on the rise. Telcoin (TEL) is one of these financial products seeking to transform global remittances.
On 13 May, Telcoin announced the addition of 8 new tokens to the #Telcoin App! Powered by #TELx, Users can trade, send, and store these cryptos smarter. Know more about the new Telcoin ecosystem assets here: $APE, $AXS, $CRV, $GRT, $LINK, $MANA $MKR, $UNI #sendmoneysmarter w $TEL.
Telcoin also provides incentives in lower fees and other benefits, so it is a good deal for those who want to send money. The customer response in replies is also good, which means that you can also use this blockchain system for good results. If further customers are attracted to this blockchain system, the coin price will rise.
Today’s Telcoin price is $0.001596 with a 24-hour trading volume of $1,329,236.Telcoin is down 3.73% in the last 24 hours. The current CoinMarketCap ranking is #196, with a live market cap of $98,342,898. It has a circulating supply of 61,628,700,558 TEL coins and a max. supply of 100,000,000,000 TEL coins.
For the last 7 days, the TEL was in a good upward trend and increased by 5.11%. Telcoin has shown very strong potential lately and this could a be good opportunity to dig right in and invest. But wait right there. Let’s get into the background, and price history before getting into the Telcoin price predictions.
What is Telcoin?
Telcoin (TEL) was created in 2017 by Claude Eguienta and Paul Neuner, and its core mandate is to create a bridge between the crypto space and fiat currencies with the aid of the blockchain. Telcoin Pte. Ltd. is situated in Singapore and boasts a diverse and competent team in Tokyo, Japan
Telcoin is a decentralized cryptocurrency and remittance system built on Ethereum. It was designed to make worldwide money transfers easier by integrating blockchain and the telecom industry. Telcoin aims to take over the remittance market, currently dominated by Western Union (WU) and other competitors, by partnering with worldwide telecom enterprises, mobile money platforms, and billing platforms to provide consumers with instantaneous and low-cost digital remittances via a mobile platform and secure wallet.
Telcoin relies on Proof of Concept (PoC)
Telcoin leverages the best features of the Ethereum blockchain to achieve its goal. It relies on Proof of Concept (PoC) rather than traditional validators to verify consistency in transactions. Also, it determines whether a transaction has some degree of real-world practicality before confirming the transaction.
There are three parts to the Telcoin model: the infrastructure, telecommunications enterprises, and consumers. It guarantees the appropriate application of wallets as well as the network’s implementation. Telcoin users retain complete ownership and management of their tokens, which is commonplace with any decentralized digital coin.
In other words, token holders retain the power to send their tokens straight to a peer wallet. However, due to Telcoin’s security design, activating these transactions requires a minimum of two private keys. This security architecture can further be strengthened by utilizing a multi-signature approach that guarantees a more security-conscious system.
Where can you buy Telcoin?
TEL can be purchased on several popular crypto exchanges. Users can use exchanges like Uniswap, SushiSwap, KuCoin, HitBTC, Bilaxy, 1inch Exchange, and Bitbns to buy, sell, hold, and trade a TEL token.
How to buy Telcoin
TEL can be purchased on a crypto exchange. These cryptocurrency exchanges offering several assets include KuCoin, HitBTC, Bilaxy, 1inch Exchange, and Bitbns. It is impossible to buy a TEL token directly from an exchange at the moment. Users interested in buying Telcoin will have to purchase a different digital asset and then swap the help for TEL.
All ETH-based wallets are compatible with Telcoin. With further developments in the network’s ecosystem, TEL coin could be available in more crypto exchanges with the possibility of a direct purchase.
What is Telcoin’s compatibility with e-wallets?
All ETH-based wallets are compatible with Telcoin. With further developments in the network’s ecosystem, the TEL coin could be available in more crypto exchanges with the possibility of a direct purchase.
Telcoin (TEL) distinguishes itself from the competition in providing efficient remittance and financial services to its consumers. These offerings include incentivized adoption, affordable transaction fees, instantaneous transfers, flexible API integrations, top-notch security architecture, multi-platform compatibility, and the ability to interact with existing mobile money wallets.
The utility token of the Telcoin ecosystem is TEL – an ERC 20 token. Users must own this token to facilitate interactions with the core offerings of the Telcoin network. Telecommunications operators leveraging the offerings of Telcoin can issue TEL tokens. The higher the TEL token integrations a telecom or mobile operator accommodates, the more the incentives it earns from the TEL network- this is in line with the incentivized adoption approach. TEL can be traded on decentralized exchanges such as Sushiswap and Uniswap. Also, it is listed on Kucoin and several centralized exchanges.
Telcoin Overview
Telcoin Overview
| Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
|---|---|---|---|---|---|---|---|
 | TEL | $ 0.001568 | $ 100.71 M | 5.61% | 63.99 B | $ 1.25 M |
Telcoin Price History
At the inception of the Telcoin (TEL) project in 2017, the maximum token supply on the network was 100 billion TEL. Currently, TEL has a circulating supply of over 54 billion tokens (over 50%). One-quarter of the tokens were distributed to investors in a crowd sale, and another 15% was reserved for the development team, including a 5% liquidity fund. The incentives redeemable by telecom operators amount to 50% of all tokens. Also, ongoing developments and community incentives get 5% of all Telcoin tokens.
Taking a look at the dynamics of Telcoin, its first significant price action was in January 2018, when it hit a market price of $0.00387607. It fell below the $0.001 mark in June 2018 and reached an all-year low price of $0.00014220 in December 2018. TEL spent the first quarter of 2019 between $0.0004 – $0.0007 and ended the year around the $0.00035 mark.
On March 13, 2020, TEL plunged to an all-time low of $0.00006516. The price ramped up until it attained an all-time high of $0.0649 on May 11, 2021. However, a further upside movement was rejected, and the TEL price momentum was reversed.
The current price of Telcoin is trading around the $0.019 mark, with a 24-hour price drop of about 0.21%. However, its market momentum has taken an upward trend in the past few weeks, and a breakout well above the current price is expected soon.
Telcoin Technical Analysis
Telcoin has yet to fully enter the accumulating zone. This is a level where it would likely spend some time accumulating. Price, as shown on the chart, has been making lower lows and higher highs. Consolidation or accumulation is what we need to see. This implies value and equal exchange of that value at the specified price level. We’ve reached some equilibrium, but given the status of the markets, don’t get too comfortable. We’re still not out of the woods.
Telcoin Price Predictions 2022-2031
Wallet Investor
Our Forecast System indicates that purchasing TEL for the long term (one year) would be a poor decision. The estimates of Telcoin prices are updated every three minutes with the most recent prices using sophisticated technical analysis.
At Wallet Investor, we use a combination of fundamental and technical research to make price forecasts for a diverse range of digital currencies, including Telcoin. TEL might be a poor choice for an investment with a high level of risk if you are seeking virtual currencies with a strong return over the course of one year. The price of a single Telcoin was 0.00167 USD on 2022-07-24, however, the value of your present investment may decrease in the years to come.
Coincodex
Telcoin’s value is expected to fall by -2.66 percent and reach $ 0.001622 by July 29, 2022, according to Coincodex current Telcoin price projection. The present attitude, according to Coincodex technical indicators, is bearish, with the Fear & Greed Index reading 30(Fear). Telcoin has 13/30 (43%) green days with 7.89% price volatility during the previous 30 days. According to Coincodex Telcoin forecast, now is not the time to buy Telcoin.
Comparing Telcoin to other significant technical advancements and trends is one method of projecting where the Telcoin price may go in the long run. If its development trajectory mirrored that of the internet or huge tech companies like Google and Facebook in their boom period.
In the best-case scenario, TEL price projection for 2025 is $ 0.018269 if it grows at the same rate as Facebook. If Telcoin grows at the same rate as the Internet, the forecast for 2025 is $ 0.003601.
Digital Coin Price
Telcoin hit $0.0121 in the first week of January 2022, when it fell below $0.00548 for the first time since January 2021. Telcoin has the potential to break past the $0.00264 barrier and dominate the market by the end of 2023. Telcoin’s lowest pricing will be between $0.00213 and $0.00264. Market analysts and experts believe that TEL will begin the year 2024 at $0.00198 and end the year at about $0.00285.
There is a strong probability that the price of Telcoin 2025 Price Prediction will double, but it is also conceivable that it will not reach its projected maximum of $0.00349 level. According to their projections, this would be significantly more than previous year.
Telcoin Price Prediction, or TEL, will have enormous growth in 2026, with the potential to set new price and market value highs. According to Telcoin projection and technical analysis, Telcoin Price Prediction is likely to surpass the $0.00658 average price level in 2029. Telcoin’s minimum price is predicted to reach $0.00632 by the end of 2029. Telcoin will attempt to reach a low of $0.00795 in 2031. With an average predicted price of $0.00846 it may attempt to obtain the maximum and next top tier of $0.00888.
Cryptopolitan
We will look into Telcoin’s (TEL) the previous pricing and see what experts think about its potential price movements. Please bear in mind that this forecast, like all others, should be viewed with the understanding that it is merely the opinion of some market experts/analysts.
Not to add that anticipating anything that precise is impossible. But we shall give it our all. Let’s get started.
Telcoin Price Prediction 2022
According to our in-depth technical analysis of previous TEL price data, the price of Telcoin is expected to hit a minimum price of $0.003 in 2022. With an average trading price of $0.003, the TEL price can reach a high of $0.003.
Telcoin Price Prediction 2023
In 2023, the price of Telcoin is expected to be a minimum $0.004. Throughout 2023, the Telcoin price can reach a maximum price of $0.005 with an average price of $0.004.
Telcoin Price Prediction 2024
According to the prediction price and technical analysis, the price of Telcoin in 2024 is expected to be $0.005. TEL has a highest price of $0.006 and an average trading price of $0.006.
Telcoin Price Prediction 2025
In 2025, the price of one Telcoin is predicted to be a minimum of $0.008. Throughout 2025, the TEL price might reach a high of $0.010 with an average price of $0.008.
Telcoin Price Prediction 2026
In 2026, the price of telcoin is expected to be a minimum price value of $0.011. According to our research, the TEL price might reach a high of $0.013 with an average expected price of $0.012.
Telcoin Price Prediction 2027
According to our in-depth technical study of TEL price history, the price of Telcoin in 2027 is expected to be about $0.016. The Telcoin price may reach a maximum price level of $0.019 in USD, with an average trading value of $0.016.
Telcoin Price Prediction 2028
In 2028, the price of Telcoin is expected to be a minimum of $0.023 USD. Throughout 2028, the Telcoin price might reach a top of $0.028 with an average trading price of $0.023
Telcoin Price Prediction 2029
According to the projection and technical analysis, the price of Telcoin is anticipated to hit a minimum of $0.033 in 2029. TEL has a maximum price value of $0.038 and an average price value of $0.034.
Telcoin Price Prediction 2030
In 2030, the price of Telcoin is expected to be a minimum of $0.049 USD. Throughout 2030, the Telcoin price might reach a maximum of $0.058 with an average selling price of $0.051.
Telcoin Price Prediction 2031
According to our research, the TEL price might reach a high of $0.087, with an average projected price of $0.076.The price of Telcoin is expected to be about $0.074 in December 2031. The Telcoin price may reach a maximum of $0.087 in USD, with an average trading value of $0.076.
Telcoin Price Prediction by Industry Experts
According to Mikhail Karkhalev, a crypto analyst, the Telcoin token is currently not traded on the top exchanges, which means there is not much demand for it in the crypto community. However, suppose the situation changes and the project gets listed on popular exchanges and announces promising partnerships with leading telecommunication companies. In that case, TEL could be a worthy inclusion in your crypto investment portfolio.
NCashOfficial also provides a bullish prediction for Telcoin.
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Conclusion
Investors should keep a keen eye on the performance of TEL. It is a handy crypto token to acquire for one’s portfolio as it can reward investors and traders in the longer run. With the high expectation for the expansion of the telecommunications market, a larger Telcoin market cap could follow suit with improved mobile phone user-owned financial products. Despite the solid fundamentals of the Telcoin project, it has yet to gain wider adoption by mobile network operators and other telecom companies. As such, it’s too early to say if the crypto will become another gem. Going by the predictions, TEL seems to be a good investment with a bright future in the crypto market.
Telcoin’s value is predicted to climb further as scarcity stimulates price increase. Please keep in mind that each investment involves some risk. Simply invest in what you can lose, and do your own research before making investment decisions.
By the end of the year, the average forecast price of Telcoin (TEL) might be $0.003. According to the five-year forecast, the coin will easily hit the $0.012 barrier. According to our research, the TEL price might reach a high of $0.087, with an average projected price of $0.076.The price of Telcoin is expected to be about $0.074 in December 2031. The Telcoin price may reach a maximum of $0.087 in USD, with an average trading value of $0.076.
In terms of pricing, Telcoin has tremendous potential to soar to new heights. TEL is expected to appreciate in value. According to particular specialists and industry professionals, Telcoin might reach a peak of $0.087 by 2030.
However, be sure to conduct your own research before making any financial decisions.
Source: https://www.cryptopolitan.com/telcoin-price-prediction/