With hundreds of established cryptocurrencies to choose from, knowing where to invest can be difficult. Add in the newer coins and the upcoming regulation, and you will soon realize a perfect storm is on the horizon. For those considering tossing money behind Internet Computer, take a gander at our 10-year predictions before you invest.
What is Internet Computer?
The not-for-profit organization DFINITY Foundation created Internet Computer. It is a public blockchain platform that is managed by an ownerless master blockchain. (ICP) allows independent data centers worldwide to provide decentralized internet cloud options for providers.
Internet Computer Recent Updates and Price Changes
ICP has a market capitalization of just over $1 billion dollars. Though the coin has dropped in value by 37% over the last few months, it has slowly started to rally. It is currently in a dip and set to remain so for the coming weeks for those looking to invest
Internet Computer Price Prediction for 2023- 2026
Calculated predictions for the price of Internet Computer for 2023 place it with a low of $8.65 and a high of $11.01. Forecast by the Economy Forecast Agency has Internet Computer priced at $13.76 for the average and $12.59 at the lowest for 2024. The prediction for 2025 from the Wave Model gives us an average price of $17.70 for the year, with a high topping out at $18.88.With the crypto market being market is also cyclical, every 4 years typically results in a bull run. Keeping that in mind Internet Computer should hit a high of $22.81 in 2026.
Internet Computer Price Prediction for 2027- 2029
As the Internet Computer continues to grow in popularity, so does its starting price. In 2027 we predict a maximum price of $26.71. The regulation slated for 2028 will bring with it stability, but also a short period of upheaval in which prices will stall at a minimum of $28.32. Thankfully, in 2029 Internet Computer should come back stronger than ever with a mid-range price of $33.43 and a maximum price topping out at close to $34.61 for the year.
Internet Computer Price Prediction for 2030- 2033
2030 will see marginal gains for Internet Computer with prices that range from $36.18 on the lowest end and $38.54 at the highest. Bloomberg Intelligence has stated that according to one of their senior commodity strategist, Internet Computer will reach a mid-range price of $39.02 in 2031 which is against the expected resistance. By the end of 2032, the Internet Computer coin is expected to surge to a price of $40.27 on the high end, which may affect the precious metals market. The following year will see a low of $41.32 if the market turns bullish, or it could reach heights such as $42.78 at the 10-year mark.
Can You Still Get Good Returns By Investing in Internet Computer Now?
Crypto has been in the eye of regulators for some time, and with the recent massive collapse of FTX, they have been spurred to action. What that means for those looking to invest in Internet Computer is that there will be a short slowdown before prices surge. Regulation will bring with its rules that will help stabilize prices, trading practices, and exposure to risks. Now is the best time to jump in if you want to boost your gains.
Disclaimer: The crypto-currency market suffers from high volatility and occasional arbitrary movements. The information listed here is not financial or investing advice. Readers should research various viewpoints and check local regulations before committing to an investment. Nothing written above is to be considered as trading or investment recommendations.