In this post, we will present our own and market’s opinion on Monero future while discussing XMR price forecast for 2024 and beyond.
Now, let’s get to it.
Before we delve deep into the Monero price prediction and answer questions if Monero is a good investment or not, why will Monero succeed or fail or while will Monero price rise or drop, let’s quickly do a brief on XMR and its to date history.
Our XMR price forecast suggests the token price will be around $92.81 in the next 90 days.
👉 Monero Price Prediction 2024
Our XMR price forecast suggests the token price will be around $365.66 in 2024.
👉 Monero Price Prediction 2025
We predict the Monero price to hover around $618.74 in 2025 based on our analysis.
👉 Monero Price Prediction 2026
In 2026, we expect the Monero price to be approximately $660.32 according to our price prediction model.
👉 Monero Price Prediction 2027
Our XMR prediction indicates the token price will be in the vicinity of $845.94 in 2027.
👉 Monero Price Prediction 2028
For 2028, we forecast the XMR price to be around $1031.56 given current trends.
👉 Monero Price Prediction 2029
Looking ahead to 2029, we estimate the Monero price will settle around $1217.18.
👉 Monero Price Prediction 2030
Our XMR price prediction suggests a token price of about $1330.29 by 2030 based on projected growth.
What you'll learn 👉
Monero Intro
Monero (XMR) is a cryptocurrency centered on privacy, ensuring entirely anonymous transactions. This decentralized and untraceable currency system stands out for its accessibility, fungibility, and a truly private blockchain. Monero employs a combination of technologies, such as Stealth Addresses, Ring Signatures, and RingCT, to guarantee user privacy. As every transaction remains private, Monero stands as a genuinely fungible currency. For merchants and individuals who accept Monero, there’s no concern over blacklisted or tainted coins. Additionally, Monero transactions come without wire transfer or check clearing fees, holding periods, or the risk of fraudulent chargebacks.
Monero’s design is inflationary, with its supply growth mirroring Bitcoin’s. Notably, Monero’s block reward will persist at 0.6 MXR indefinitely, ensuring the currency remains slightly inflationary, unlike Bitcoin whose block reward will eventually reach zero.
The Monero Project is at the cutting edge of cryptocurrency privacy and security, thanks to its Research Lab and Development Team. With contributions from over 500 global developers and a plethora of forums and chat channels, the community is vibrant and welcoming.
Is Monero a good investment?
When it comes to investment potential, while some experts see long-term appreciation for Monero, it might not necessarily outpace the broader crypto market. However, Monero has recently demonstrated significant potential, suggesting its price could continue its upward trajectory.
Monero stands as a leading privacy-centric cryptocurrency, continually innovating to ensure user privacy and security. As an inflationary currency, its long-term investment prospects appear promising.
Captainaltcoin’s Monero Price Prediction 2024
Following the landmark approvals of Bitcoin ETFs earlier this year, there has been a surge in interest from both retail and institutional investors. This could be a game-change for crypto. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative finish of the year. At least this is what crypto traders hope for. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Now, attention is turning towards post-halving rallies, with the BTC halving and ETH ETFs now well behind us. Ripple was also fined to pay $125 million to SEC based on the most recent ruling decision. This is considered as another victory for XRP. Bitcoin has almost tripled in price since last summer, with the upcoming US elections expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $60-63k now, after it hit a new ATH of $73k in March. Ethereum also had its own ETFs approved by SEC. The ETH price is currently around $2,400 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and historical post-halving rallies. Some of the hottest sectors so far this year were memes, RWA and AI projects.
XMR Price Prediction For The Next 90 Days
Below is a tabular overview of how will XMR develop in the short-term (for the next 90 days), according to our prediction model:
Essential tools you need to succeed in crypto
Wallets
Hardware wallets are the safest! Pick one of the three:
✔️Ledger Nano X
✔️Trezor
✔️CoolWallet Pro.
Tax Calculators
Don’t get in trouble with the government let these magic tools do all the heavy-lifting when it comes to your crypto taxes:
✔️Koinly
✔️Cointracking
✔️ZenLedger.
Trading Tools
A good charting tool is a must if you want to try yourself out as a day-trader. ✔️Tradingview is best known but
✔️Bitsgap
✔️Coinrule
✔️Cryptohopper
are also excellent plus they allow automated trading.
Monero Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced to the current levels in the $60-63k range. Total market capitalization is currently at around $2.2 trillion (it was around $1 trillion in June last year). Despite having strong start of the year, the market then “survived” two crashes this summer, in July and August when BTC plunged to around $50k. It bounced off this area quickly though.
Bitcoin halving happened in April and historical data tells us the BTC price starts to rally 6-12 months after the halving, so we are still not there yet. Ethereum ETFs are now also a done deal, although we see constant outflows there on a daily basis.
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. Coins such as RNDR, NOT, TON, WIF, or most recently SUI and POPCAT produced nice gains.
All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
XMR Price Prediction 2025
Our prediction model sees XMR reaching $618.74 in 2025.
What will XMR be worth in 5 years?
The price of XMR in 5 years could lie around $292.61, according to CaptainAltcoin’s prediction model.
Monero Price Prediction 2030 – 2040
What Monero will be worth in 2030?
Our forecasting model sees Monero reaching $1546.85 in 2030.
What Monero will be worth in 2040?
Our forecasting model sees Monero reaching $3093.69 in 2040.
Will Monero replace / surpass / overtake Bitcoin?
No, Monero will not replace or overtake BTC.
Can Monero reach $1000?
Yes, it is possible that Monero can reach $1000 but only in a distanced future, after 2030.
Is Monero worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Monero is worth buying.
Is Monero a good investment?
Monero is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Monero be worth?
For the short-term future, it could reach $92.81. In the long-term (8-10 years), it could jump to $1546.85 or even higher.
Why will Monero succeed and go up in price?
Monero has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Monero rising up to $1546.85 in 2030.
Why will Monero fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
How high will Monero go?
Our forecasting model sees Monero price exploding and reaching $3093.69 in a distant future.
What is the short-term prediction for Monero?
Monero will reach $92.81 in the next 90 days, which is a 40.6% change over the current price which hovers around $156.25.
Can Monero make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Monero millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Monero could make you a millionaire.
Monero Price Prediction Today - What will be the price of Monero tomorrow?
Monero will hover around $165.36 tomorrow.
Can Monero explode?
No, Monero price will not explode and record 5-10x pumps; but grow more modestly with an increase of 22.4% in the next year.
What will be the price of Monero in 10 years?
Monero price in 10 years will hover between $1546.85 and $3093.69.
Monero Price Prediction 2023 - What will Monero be worth in 2023?
Monero will reach $223.17 in 2023, which is a 42.83% change over the current price.
Monero Price Prediction 2024 - What will Monero be worth in 2024?
Monero will reach $365.66 in 2024, which is a 134.03% change over the current price.
Monero Price Prediction 2026 - What will Monero be worth in 2026?
Monero will reach $660.32 in 2026, which is a 322.61% change over the current price.
Monero Price Prediction 2027 - What will Monero be worth in 2027?
Monero will reach $845.94 in 2027, which is a 441.41% change over the current price.
Monero Price Prediction 2028 - What will Monero be worth in 2028?
Monero will reach $1031.56 in 2028, which is a 560.21% change over the current price.
Monero Price Prediction 2029 - What will Monero be worth in 2029?
Monero will reach $1217.18 in 2029, which is a 679.01% change over the current price.
Monero Price Prediction 2050 - What will Monero be worth in 2050?
Monero will reach $4789.03 in 2050, which is a 2965.04% change over the current price.
Market Price Predictions
Monero (XMR) Price Predictions for 2024 and Beyond by 5 Experts:
- Changelly estimates that in 2024, Monero’s price will range between $127.71 and $190.10, with an average trading price of $252.48. By 2025, they forecast a price range of $271.13 to $482.52. By 2026, they anticipate a range of $758.96 to $922.21.
- Litefinance suggests that in 2024, Monero could average at $348.51, potentially peaking at $411.30 and dropping to a low of $285.71. For 2025, they predict a range between $354.74 and $510.66.
- Cryptonewsz believes that in 2024, Monero’s price will fluctuate between $195.56 and $222.45, averaging at $201.63. By 2025, they expect the price to vary from $309.90 to $428.46.
- CoinCodex projects a yearly low for Monero in 2024 at $121.01.
- Margex envisions Monero surpassing $2,000 after 2030.
Conclusion
Monero (XMR) remains a prominent privacy-centric cryptocurrency, emphasizing complete anonymity and security for its users. Its unique design and commitment to innovation have garnered attention from various experts and market analysts.
While predictions for its future price vary, the consensus is that Monero holds potential as a long-term investment. As with all investments, it’s essential to conduct thorough research and consult with financial experts before making decisions.
Read also:
- Kin Price Prediction | KIN Price Forecast
- Lisk Price Prediction | LSK Price Forecast
- Electroneum Price Prediction – Future Forecast for ETN Price
- Elastos Price Prediction – Future Forecast For ELA Price
- Elrond Price Prediction | EGLD Forecast
- Aave Price Prediction | AAVE Forecast
- Cosmos Price Prediction | ATOM Forecast
- Uniswap Price Prediction | UNI Price Forecast
- Binance Coin Price Prediction | BNB Price Forecast
- Enjin Price Prediction | ENJ Price Forecast
- Cardano Price Prediction – ADA Price Forecast
