Today, we are going to be covering XYO crypto, how to buy it, what it has to offer in real-world implementation, and a price prediction up to 2031.
The XYO coin had a second surge in popularity in the fall of 2021. The cryptocurrency was listed on Coinbase, Gate.io, and Kucoin exchanges, and the boom began. But what exactly is XYO, and will the XYO price rise? Since the project’s inception in 2017, many milestones have been reached. Let’s start with the fundamentals and then go through the XYO price forecast.
XYO crypto overview
XYO Price | $0.01 |
Price Change 24h | -1.73% |
Price Change 7d | -11.39% |
XYO Market cap | $81,945,068.20 |
Circulating Supply | 12,844,821,266 XYO |
Trading Volume | $1,122,598.80 |
All-time high | $0.08 |
All-time low | $0.00010 |
Before we get into XYO price forecasts, let’s go through the project’s specifics. We respectfully request that you conduct your own research before investing in any cryptocurrency.
What is XYO crypto?
XYO, a cutting-edge technological initiative, was founded in San Diego in 2017. The XYO network intends to leverage the existing global network of location-based beacons. This network is used by XYO Network developers to decentralize location-based services. In other words, you may sell location data online to support various location-based businesses.
In other words, XYO is an Oracle network of devices that gathers and validates geographical data or data with a geographic location in an anonymous manner. The XYO cryptocurrency is not genuine money that may be used in place of Bitcoin. XYO is, in reality, a protocol token that acts as an incentive mechanism for the geospatial data network. There are four primary items that satisfy the project’s mission:
- Sentinel: Sentinel is a physical device in the XYO network that sends a signal including its position as well as other information (e.g., temperature or time). When one sentinel is near another and they broadcast their proximity, this contact serves as verification of the sentinel’s position. This type of contact is known as a bound witness.
- Bridge: Bridge is a physical device that searches for bound witness interactions. When it comes across one, it verifies by signing.
- Archivist: The Archivist database contains confirmed bound witness contacts.
- Diviner: Diviner is an XYO network node that provides answers to inquiries using bound witness data.
All of this may seem perplexing. Let’s see how this technology may be applied in the real world.
Real-world implementation of XYO
There are several applications for the XYO project. Visit the XYO website to learn more about the implementation. One of the use cases is e-commerce enterprises that offer payment on delivery to certain high-value consumers. To provide this service, an e-commerce business needs to develop a smart contract on the XYO network. The network will follow the position of the package throughout the supply chain, from the warehouse shelf to the consumer’s home and all places in between.
Additionally, shops and e-commerce websites may use this technology to securely verify that the product not only arrived on the customer’s doorstep but is also safely placed within the customer’s home. The money will be released after the package is safely inside the client’s home. Customers may only pay for things when they receive them, thanks to this approach. As a result, e-commerce providers may offer such a function without jeopardizing security.
XYO future price prediction
Now, let’s look into XYO price predictions. XYO is still gaining traction after taking several key milestones, like launching on one of the largest crypto exchanges. What will happen to XYO cryptocurrency in the next 10 years? It’s difficult to forecast because the price is determined by a variety of factors. A well-developed strategy to enhance the project is one of the most important components. The following is the roadmap for the XYO project:
It is critical to emphasize that all exact figures are computed using machine learning. This implies that the price estimates are based on the current value of the virtual currency. Because the cryptocurrency market is so unpredictable, price estimates based on such calculations vary in tandem with the asset’s price. Nonetheless, we have gathered all available perspectives on the XYO price forecasts and are more than happy to share them with you.
XYO price prediction 2022
According to technical analysis of XYO prices in 2022, the lowest cost of XYO will be $0.010. The highest XYO price that may be reached is $0.012. The average trade price is anticipated to be approximately $0.010.
- Potential ROI: 100%
XYO price prediction 2023
Based on recent year’s XYO pricing, it is estimated that the minimum price of XYO in 2023 will be about $0.015. The most likely XYO price is approximately $0.017. In 2023, the average trade price might be $0.015 USD.
- Potential ROI: 183%
XYO price prediction 2024
According to cryptocurrency experts’ technical analysis of XYO values, XYO is anticipated to have the following lowest and maximum prices in 2024: about $0.023 and $0.026, respectively. The anticipated trading cost is $0.023.
- Potential ROI: 333%
XYO price prediction 2025
The values of XYO and their movements over the last years have been studied by cryptocurrency specialists. The minimum XYO price in 2025 is expected to be $0.033, with a maximum price of $0.040. The average cost of trading will be roughly $0.034.
- Potential ROI: 567%
XYO price prediction 2026
According to crypto specialists’ study of XYO costs, the following maximum and minimum XYO prices are projected in 2026: $0.058 and $0.050. It will be traded at $0.051 on average.
- Potential ROI: 867%
XYO price prediction 2027
Crypto specialists are always monitoring XYO movements. According to their forecast, the average XYO price will be about $0.071. It might fall to a low of $0.069, but it could still rise to $0.086 by 2027.
- Potential ROI: 1333%
XYO price prediction 2028
Annually, cryptocurrency analysts anticipate the price of XYO. In 2028, XYO is expected to trade between $0.10 and $0.12. Throughout the year, its average cost is estimated to be roughly $0.10.
- Potential ROI: 1900%
XYO price prediction 2029
Cryptocurrency specialists are set to offer their XYO price predictions. The maximum XYO price of $0.18 will define the year 2029. However, it is possible that the rate may fall to approximately $0.14. As a result, the average trading price is predicted to be $0.15.
- Potential ROI: 2900%
XYO price prediction 2030
Crypto professionals are ready to share their XYO cost estimation for 2030 after years of analyzing XYO pricing. It will be exchanged for at least $0.21, with a maximum price of $0.26 achievable. As a result, the XYO price in 2030 is expected to be roughly $0.22 on average.
- Potential ROI: 4233%
XYO price prediction 2031
Cryptocurrency specialists are set to offer their XYO price predictions. The maximum XYO price of $0.37 will define the year 2031. However, it is possible that the rate may fall to approximately $0.31. As a result, the average trading price is predicted to be $0.32.
- Potential ROI: 6067%
How to buy XYO crypto?
There are several alternatives for purchasing cryptocurrency. Fortunately, you can purchase XYO using the Coinbase app from any Coinbase location. It’s quick, simple, and safe. For US residents, here’s how to buy XYO using the Coinbase app.
- Open a Coinbase account.
- Include a payment method.
- Begin a trade
- Choose XYO from the list of available assets.
- Enter the quantity you wish to purchase.
- Complete your transaction.
We hope that you enjoyed this article on XYO crypto. If you did, we are sure that you will also enjoy reading our other articles, such as how to buy Pancat cryptocurrency in 2022, or what is Mithril Crypto and is it a good investment in 2022.