Often referred to as “PayPal 2.0,” Request Network is a new type of payment system platform that allows anyone to request a payment (a Request Invoice) for which the recipient can pay in a secure way.
It is built on top of the Ethereum network, making it an ERC20 token. All of the information is stored in a decentralized authentic ledger. This results in cheaper, easier, and more secure payments. It also allows for a wide range of automation possibilities.
Request Network is a decentralized platform that enables anyone to request P2P payments, and makes business to business or business to client invoicing easier and cheaper as well. Request Network will definitely impact existing online payment systems such as PayPal, Stripe and powerhouse credit cards institutions (like Visa, MasterCard, etc.) by providing a cheaper and faster alternative.
Another thing to note here is that the Request Network is designed to work with any currency, fiat and crypto, and the receiver can decide to receive it in a specific currency.
The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Captainaltcoin’s REQ Price Prediction 2021
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 REQ develop in the short-term (for the next 90 days), according to our prediction model:
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
Request Network Coin (REQ) Future Outlook
As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will REQ be among those 5%?
Use case is definitely interesting but the implementation is miserable. The team appears to be incompetent to pull off what they jotted down in their whitepaper. Add to that a very toxic and disappointed community, REQ seems to be heading to zero, dying a slow death.
Most of altcoins simulate activity to prevent exit-scam accusations from holders but they are well aware that their project is a dead end, a sinking ship with a crew that left it long time ago. REQ looks like one of those projects.
Request Network Price Prediction 2023
High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2022 and 2023:
REQ Price Prediction 2025
Our prediction model sees REQ reaching $ 0.1280 in 2025.
What will REQ be worth in 5 years?
The price of REQ in 5 years could lie around $ 0.2098, according to CaptainAltcoin’s prediction model.
Request Network Price Prediction 2030 – 2040
What Request will be worth in 2030?
Our forecasting model sees Request reaching $0.3199 in 2030.
What Request will be worth in 2040?
Our forecasting model sees Request reaching $0.6399 in 2040.
Will Request replace / surpass / overtake Bitcoin?
No, Request will not replace or overtake BTC.
Can Request reach $10?
No, our prediction model sees no possibility for Request to reach $10 in the short or mid-term period.
Can Request reach $100?
No, our prediction model sees no possibility for Request to reach $100 in the short or mid-term period.
Is Request 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, Request is worth buying.
Is Request a good investment?
Request 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 Request be worth?
For the short-term future, it could reach $0.1371. In the long-term (8-10 years), it could jump to $0.3199 or even higher.
Why will Request succeed and go up in price?
Request 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 Request rising up to $0.3199 in 2030.
Why will Request 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 Request go?
Our forecasting model sees Request price exploding and reaching $0.6399 in a distant future.
What is the short-term prediction for Request?
Request will reach $0.1371 in the next 90 days, which is a 26% change over the current price which hovers around $0.1088.
Can Request make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Request millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Request could make you a millionaire.
Request Price Prediction Today - What will be the price of Request tomorrow?
Request will hover around $0.1149 tomorrow.
Can Request reach $1?
Yes, Request can reach $1 by the end of 2024.
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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