What is Telos?
Telos is a blockchain that was built for speed and scalability, and today, sees over 100 projects being built on its network. It was made with the intention of being the ideal network for mainstream adoption, and brands such as Siemens, Microsoft and Cisco use it for some real-world activities.
Telos-based Tokens, NFTs and smart contracts are already used for DeFi, gaming, social media apps and more, and according to Telos, it is the world’s most advanced smart contract network available today.
Apparently few blockchains can match its capabilities, speed and scalability; for instance, the network claims it can perform over 10,000 transactions per second, while maintaining low energy consumption unlike other blockchains.
TLOS is the native token of the Telos blockchain, and finding itself at the heart of the network, it powers several processes including transactions, dApps, staking, and so on.
TLOS Price Prediction 2021
Below we take a look at TLOS and examine some details and predictions to estimate a reasonable price for 2021, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice or a solid basis for an investment, and neither should this article. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.
The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes. When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town. Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off. Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions. Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend. Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history. Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
Below is a tabular overview of how will TLOS develop in the short-term (for the next 90 days), according to our prediction model:
Fundamentals
Use Case
TLOS is the native token of Telos, and is a utility and governance token that serves many functions. As a governance token it is used to keep the Telos system decentralized, so as such, TLOS holders can take part in the governance process through Telos Decide – Telos’ governance engine. On the utility side of things, it is used for transactions, dApps, staking, funding, ownership and more.
Tokenomics
⚡ According to data gathered from Coinmarketcap and Coingecko:
The total supply sits at ~355,208,370, with no max supply determined
Of that amount, ~270,123,443 are in circulation
And according to Telos, the current inflation rate is 0%-1%
⚡ Some supplemental data
Coinmarketcap currently ranks it at 387th in market rank
Coingecko ranks it at #422 in terms of market cap rank
According to Coinmarketcap the top 100 wallets hold ~84.35% of the current supply
The max supply of TLOS has not yet been determined, meaning mintage of additional coins is a possibility, which could result in some inflation in certain cases.
The data presented above can be subject to change, always visit the source for up-to-date information: Coinmarketcap – Coingecko
Accounts receiving daily funding for contributing to the growth or operation of the blockchain:
- The Telos Foundation
- The top 21 block producers (node validators)
- The top 21 standby block producers (node validators)
- Core developers
- Telos Works
- REX (Resource exchange that rewards TLOS staking)
- Econddev fund
Team
Their Twitter is very active, posting many times throughout the day and retweeting just as much. Their tweets cover everything from news to updates, announcements, community events, and so on. However, every so often, they retweet things related to the TLOS price, and these tweets include positive predictions. This does not reflect well on the team, and should inspire some caution when approaching the project as to not get caught up in emotions and hype.
Their official Facebook group is as active as their Twitter, and likewise, visitors would find similar posts uploaded on a daily basis. As is the case with their Twitter, a lot of TLOS price related posts are shared on this page as well.
They also have a YouTube channel on which they are not as active or consistent as their other platforms. Here viewers can find mostly past livestreams, with the occasional miscellaneous content.
Lastly they have a blog section on their website where they post their own articles as well as a Medium for the same purposes, and an FAQ page where users can view the most asked questions, as well as ask questions of their own.
The project’s brand image uses simplistic art, with comfortable designs and colors. Their tone of voice is modern and friendly, and while they do talk about their progress, the tendency to not only tolerate but share token price related posts is something that should raise an eyebrow.
Community
Their social media following is rather small; Twitter for instance currently has almost 11,000 followers, about 2,000 users are part of the Facebook group, and around 1,700 are subscribed to their YouTube channel.
Their subreddit, r/Telos, is home to almost 1,500 users, and sees about a post a day. It is not very active, and most posts don’t see beyond a few comments. Their Telegram on the other hand has around 6,000 members.
Overall the community is still fairly small, which explains the lack of activity that a lot of other projects see, but it could potentially grow if Telos achieves something that grabs the attention of the crypto community.
Exchanges & Wallet Support
There are currently around 7 exchanges that list TLOS, and a couple or so well-known and trusted wallets that support it.
Market Price Prediction
Here are what predictors have to forecast about TLOS:
⚡ Wallet Investor
Wallet Investor predicts a token price of ~$0.48 (+115%**) in a year’s time, and ~$1.63 (+630%**) in 5 years. It ranks TLOS as a C in terms of price predictability.
| 2021-2022 | 2026 |
| ~$0.48 | ~$1.63 |
⚡ Digital Coin Price
According to the forecasts made by Digital Coin Price, TLOS could reach ~$0.34 (+55%**) by the end of 2021 and ~$0.76 (+245%**) by the end of 2026.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| ~$0.34 | ~$0.38 | ~$0.46 | ~$0.55 | ~$0.65 | ~$0.76 | ~$0.91 | ~$1.02 |
⚡ Trading Beasts
Trading Beasts forecasts TLOS reaching ~$0.28 (+25%**) by the end of 2021, and ~$0.40 (+80%**) by the end of 2024.
| 2021 | 2022 | 2023 | 2024 |
| ~$0.28 | ~$0.33 | ~$0.33 | ~$0.40 |
*These predictions are merely supplemental data and should not be taken as financial advice
**Percentages are based on current value and could change anytime
TLOS Price Prediction 2023
Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.
Where & How To Buy TLOS
⚡ Where to buy TLOS
There are around 7 exchanges that support TLOS, most notably KuCoin and PancakeSwap, as well as other DEXes (decentralized exchanges) like Uniswap. Users can also purchase TLOS directly through Telos.net after signing up for an account.
⚡ How to buy TLOS
The process of buying crypto can differ from exchange to exchange, but here are solid guidelines on how to buy TLOS:
- Select an exchange that supports TLOS and check for KYC (account verification) requirements and available payment methods.
- Create an account on your preferred exchange.
- Purchase TLOS with your preferred payment method.
Already have an account on an exchange that supports TLOS?
- Purchase TLOS with your preferred payment method.
Or
- Swap some of your tokens with TLOS.
Note: When buying or swapping tokens, some exchanges may have minimum amounts in place. Additionally, most exchanges issue varying fees for purchases and swaps. These details vary from platform to platform.
TLOS Wallets
There are some wallets where users can store their tokens in, including:
Note: Some of these wallets may require the user to manually add TLOS into them since it is not a very popular token, which can be a little confusing for first-timers.
TLOS Price Prediction 2025 -2030 -2040
Our prediction model sees TLOS reaching new highs in 2025:
$ 0.3035TLOS price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.
Summing It All Up
Telos is focused on real-world use and adoption, and in order to make it the ideal platform to build on, they’ve built a blockchain with performance in mind. From speed to application to scalability, low fees, decentralization, security and energy efficiency, it seems like this particular route is the most optimal to reach their end goal.
Price predictors such as the ones mentioned above all forecast growths, with as little as 25% in a year, and over 100% after several years. Whether or not these growths will take place will depend on the rate of mainstream adoption of blockchain technology, and it should be taken into account that they are not the only project to offer a high performance decentralized network designed for this very purpose. Lastly the posts shared by the team on social media regarding the increase in their token price should suggest some level of consideration and care. It does not necessarily scream wrongdoing, but a team’s focus should always be on the project; sharing such posts conveys messages to the emotional and irrational side of people, and intentional or not, could mislead people into making decisions they otherwise wouldn’t have made.
Also, you might want to check out other price predictions:
- Kava.io Price Prediction
- Terra (LUNA) Price Prediction | LUNA Price Forecast
- Linear Finance Price Prediction
- Yearn Finance [YFI] Price Prediction
- Kusama Price Prediction
- Venus Protocol Price Prediction
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
