In this guide, we will voice our own and market’s opinion on REV future while discussing Revain price forecast for 2023 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Revain.
Now, let’s head into it. Before we delve deep into the Revain price prediction and answer questions if REV is a good investment or not, why will REV succeed or fail or why will Revain price rise or drop, let’s quickly throw a glance at what is REV and its to date history.
So, what is Revain?
Revain is a suggestions platform primarily based on blockchain know-how, which permits customers to go away their helpful suggestions and in return, rewards them. The slogan of the platform is “reinventing reviews”. It was launched in 2017 and information critiques by way of the Ethereum blockchain by each prospects and enterprise house owners and rewards them with Revain tokens. This has one main benefit over the normal critiques system, that after a evaluate has been posted, it could actually by no means be modified/tampered with or deleted.
Revain offers two native cryptocurrencies that are meant to motivate users to write genuine feedback:
- RVN – a dollar-pegged stablecoin used to reward and penalize users and companies in the review process
- REV– a utility token used by companies to encourage reviews and provide a vehicle for users to withdraw RVN tokens to exchanges
REV Price Prediction For The Next 90 Days
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 REV develop in the short-term (for the next 90 days), according to our prediction model:
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Revain 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.
REV Price Prediction 2025 – 2030 – 2040
Our prediction model sees Revain faltering in 2025 and dropping down to $0 or almost $0.
REV price in 2030 & 2040 could be close to zero as we don’t see a bright future for it in the distant future. The project offers no unique value to set itself apart from countless competitors, hence we don’t think it is worth investing in this coin for the long term.
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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