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Measurable Data Token (MDT) Price Prediction 2023, 2025, 2030
Measurable Data Token (MDT) is a decentralized data exchange economy built on the Ethereum blockchain. This guide will offer you the latest Measurable Data Token price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment.
At the end of this review, a clear picture will emerge as to how high the MDT token price will go. We will try to answer these frequently asked questions: Is Measurable Data Token a good investment? What will MDT be worth in 2030?
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Before diving into the MDT price prediction and discussing numbers that might get you bored for no reason at all, let us talk about the history and a basic overview of Measurable Data Token in the market.
Measurable Data Token (MDT) Overview
Cryptocurrency | Measurable Data Token |
Ticker Symbol | MDT |
Rank | 467 |
Price | $0.058 |
Price Change 24H | –2.78% |
Market Cap | $39,093,828 |
Circulating Supply | 676,157,013 MDT |
Trading Volume | $7,864,642 |
All Time High | $0.8583 |
All Time Low | $0.001615 |
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What is Measurable Data Token?
If there is one key thread that links pretty much all the major technological developments over the last 35 years or so, it’s the importance of data. It is data – whether it comes in the form of personal, financial, technological or physical – that has driven the various stages of the internet revolution.
With so much data around, there are going to be some, perhaps inevitable, concerns about privacy. This is part of the reason why blockchain technology and, by extension, cryptocurrency, was set up. The idea is that the blockchain allows people to do things privately, without having to share their information with a centralised authority. This concept lends itself to cryptocurrency – in effect, anonymous money – and that develops into decentralised finance (DeFi), which allows people to get hold of financial services without having to rely on traditional banks.
So, with all that in mind, is there a way that people can utilise their own data on the blockchain? Potentially, there is, and the MDT ecosystem can help them do that. The idea behind the MDT network is that people can, in effect, consent to hand over certain amounts of data. The difference between this and websites that collect data is that MDT, in effect, puts data collection front and centre. Not only this, but people who take part in the ecosystem can, at least in theory, make a profit from it.
According to its whitepaper: “MDT connects users, data providers, and data buyers and denominates the value of data. It compensates users for sharing anonymous data points while providing data buyers and providers with a more efficient trading model. The MDT is a blockchain-based distributed computing platform with smart contracts securely stored in the Ethereum blockchain. It denominates the value of data in this new economy.”
Now, every blockchain-based entity needs to have its own native token, and MDT’s is the Measurable Data Token, also known, conveniently, as MDT. As we have seen, it is based on the Ethereum blockchain, which means, as the name suggests, that it is a token, rather than a coin. You might see stray references to an MDT coin price prediction on the internet but, technically speaking, they are incorrect.
The MDT token is used to reward users for anonymously sharing their data. The network has a range of applications that can be used for this purpose, such as the MailTime email system, the RewardMe shopping rewards scheme, the Measurable AI data provider and the Measurable Finance data oracle.
MDT was set up in 2017, and is based in Singapore. It was founded by crypto entrepreneur Heatherm Huang, who had previously helped set up MailTime and had also worked for mobile voice messaging app TalkBox, before which he set up the Jiong Daily online broadcasting platform.
MDT Price History
First let’s take a quick look at the MDT price history. While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can give us some much-needed context when it comes to either making or interpreting a Measurable Data Token price prediction.
When MDT first came onto the open market in January 2018, the market was going through a bubble. On one hand, this may have been a good time to launch a crypto, with lots of excitement causing prices to rise but, on the other hand, it may not have been that great a time, because after the rise comes the fall. Indeed, the early MDT price of $0.8583 on 10 January 2018 still serves as an all-time high for the crypto. Once the bubble burst, the value of the token went seriously downhill as the market entered a so-called crypto winter, characterised by comparatively low prices and stagnation.
Indeed, MDT followed its record price with an all-time low of $0.001615 on 17 December 2018. While there was recovery from that, the next two years or so were, in the grand scheme of things, not too much to write home about, with the price generally operating below the cent until the middle of 2020, when things got better and it hovered somewhere between $0.01 and $0.02.
Things changed in early 2021. The crypto market experienced a boom period, with American stimulus cheques being invested in the market, driving prices up. MDT was able to enjoy some success at this time, with the best of things coming in April, when it broke past $0.10 for the first time in three years. The Great Crypto Day Crash of 19 May saw things fall down, though, and, like most other cryptocurrencies, MDT spent the summer in the doldrums. In August, though, a growing interest in non-fungible tokens (NFTs) saw the market recover, and the token topped $0.05 in early September.
After that, though, there was a fallback until the market blossomed again in early November. Bitcoin hit an all-time high pushed prices up, and MDT reached $0.07652 on 21 November. While the token dropped after that, December was a good month for MDT. A Coinbase listing counteracted a shrinking market brought about by concerns about the Omicron variant of Covid-19, and on Christmas Day it reached a high of $0.177 before it fell to close the year at $0.132.
In 2022, things fell down. A price of $0.1384 on New Year’s Day was as good as it got and, when Russia invaded Ukraine on 24 February, the price fell to $0.05179. The price stayed at a little over $0.05 until April, when China’s crypto ban pushed it down to close the month at $0.04718. Any hopes of recovery in May were nixed when the UST stablecoin became depegged and the associated LUNA cryptocurrency collapsed, sending the crypto market into turmoil and the MDT price down to $0.02566 on 12 May. There was some recovery after this, with the month closing at $0.03739. In June, the cancellation of withdrawals on the Celsius crypto lending platform confirmed crypto was in a bear market, and MDT fell to a low of $0.02121 on 18 June.
Then in November, the collapse of the FTX (FTT) exchange caused yet another crypto crash, sending MDT price to $0.0196 by the end of 2022, down about 85% over the course of the year.
So far, 2023 has looked a bit better for both MDT and the wider crypto market. The coin rebound to $0.0869 in early March, its highest price in more than one year.
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Current Measurable Data Token Price
At the time of writing, MDT is trading at $0.058 with a market capitalization of $39,093,828, ranking #467 amongst all cryptocurrencies by that metric. In the past 24 hours, the price of Measurable Data Token has decreased 2.78% with a trading volume of $7,864,642.
Measurable Data Token Price Prediction 2023, 2025, 2030
We’ve covered most of the important things you need to know about MDT before considering its price prediction. If you are really interested in investing in the coin, this is the time to be more attentive. Do note, however, that predictions are not a substitute for your own research and due diligence.
Detailed below is a brief overview of our MDT crypto price prediction for the coming years, ensuring you have a rough idea of the token’s value potential:
YEAR | MINIMUM PRICE | MAXIMUM PRICE |
2023 | $0.075 | $0.113 |
2025 | $0.18 | $0.22 |
2030 | $0.61 | $0.65 |
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MDT Price Prediction 2023
As per our MDT price prediction 2023, MDT coin is expected to reach a possible high of $0.113 by the end of 2023. We forecast a minimum price of $0.075 and an average price of $0.094 for the year.
Measurable Data Token Price Prediction 2025
Measurable Data Token looks well-positioned to reach its full potential in the coming years.
Based on the technical analysis by crypto experts, Measurable Data Token should be worth at least $0.18 in 2025, and the maximum price could be $0.22. Our Measurable Data Token price prediction 2025 estimates that the coin’s average price is $0.21 for the year.
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Measurable Data Token Price Prediction 2030
If the Measurable Data ecosystem can grow with new users, it may have a bright future ahead. Our Measurable Data Token price prediction 2030 forecasts that at the very highest, MDT price may go up to $0.65 by 2030. The minimum price could be $0.61, averaging out at $0.64.
PricePrediction website made a more bullish MDT token price prediction 2030, estimating that MDT could trade between $1.28 and $1.48 by the end of 2030, based on its deep AI-assisted technical analysis.
Here, it’s worth pointing out that 2030 is still a long way away. 7 years down the line, the crypto market could be affected by a host of different events and updates, each of which is difficult to ascertain. Ergo, it’s best that predictions like these are taken with a pinch of salt.
MDT Price Prediction Conclusion
Despite a lack of awareness about this Measurable crypto project, the market outlook and forecast are bullish, with PricePrediction and Tech News Leader both expecting the MDT price to surpass $1 by 2029 and continue to rise in the subsequent years.
The most conservative forecast is by DigitalCoinPrice, which expects the MDT crypto price to rise but stay below $0.40 in the next five years.
In closing, please know our MDT forecast figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.
FAQs
Is Measurable Data Token a good investment?
It might be. There is a fair bit of potential for the token, although how big it gets will rely on things such as whether it can attract more investor interest. Indeed, it is worth noting that MDT is actually up slightly from where it was 12 months ago. If you want to invest in MDT, then you will need to do your own research.
What will MDT price be in 2030?
According to our MDT price prediction 2030, MDT token is expected to reach a maximum price of $0.65 by the end of 2030.
Where can I buy Measurable Data Token (MDT)?
Notable options for purchasing MDT include Binance, BTCC and OKX. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of MDT. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.
In order to trade MDT/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade MDTUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps.
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.
BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.
With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.
Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 150x.
Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading MDT now.
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