Zeon Coin Price Prediction: What Is Zeon Crypto?

Last updated:08/16/2022
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Having been one of the high points of the crypto downturn, what exactly is zeon coin? Let’s take a look at that and examine what some online forecasters believe the zeon coin price prediction could be.

One of the important things that cryptocurrency is trying to do is, in effect, work exactly the same way as regular, traditional, fiat currency. After all, it could be argued that there is no sense in having money if there is no way to spend it. Anyway, one of the obstacles that crypto industry faces in trying to become more widespread is accessibility.

As a decentralize and automated trading application for cross-chain trading, ZEON Network has positioned itself as a one-stop store for a range of cryptocurrency products, including crypto wallets, ways to earn interest, and digital loans. The idea is that by creating an easy-to-use platform, more people will be able to access cryptocurrency and then use it in their daily lives. As the system’s whitepaper explains: “We are developing the world’s first unique tool for safe and highly liquid trading on cryptocurrency exchanges.”

“The ZEON platform places its own balances of zeon tokens on cryptocurrency exchanges so that our users can receive an immediate ‘swap’ simultaneously on several exchanges. Users no longer have to risk their own funds by placing them directly on the exchange.”

 

What is zeon coin?

Every blockchain-based platform has its own native token, and the ZEON Network has the eponymously named zeon token. This crypto is used to pay people who operate the computers, or nodes, which help run the network.

It is also used to power the transactions on the platform, as well as being available to be bought, sold, or traded on crypto exchanges. People who send money using the ZEON Network are also eligible for rewards paid out in the zeon coin.

The ZEON Network was founded in 2018. Its creators have, perhaps in keeping with the idea of decentralization that is crucial to both cryptocurrency and blockchain technology as a whole, remained anonymous.

The zeon crypto has been available on the open market since 2019, and before that, there was an initial coin offering (ICO), which raised over $11 million by selling more than 22 billion tokens.

 

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Zeon crypto price history

Now let’s take a look at the zeon crypto price history. While past performance should never be taken as an indicator of future returns, if we want to either interpret a zeon coin price prediction or else make one of our own, it is helpful to know how the token has operated in the past.

When zeon first launched in March 2019, it was worth around $0.0013. Despite an initial rally to around $0.002, it dropped and, on 5 December 2019, it dipped to its all-time low of $0.000005938.

Things did not really start to pick up again until early 2021. It was at this time, boosted in part by United States’ Covid-19 stimulus cheques making their way into the crypto sphere, that the market shot up and the rising tide raised zeon’s ship, with it reaching a periodic high of $0.006303 on 9 May.

After that, though, things fell down as the Great Crypto Day Crash of 19 May saw the market shrink and so did zeon’s price with the token operating at less than $0.001 for most of June. The end of that month saw a recovery and the token traded in a price band between $0.001 and $0.004 for much of the next couple of months, before a decline in September and October.

In late October and early November, a growing market, boosted by the news that bitcoin (BTC) had reached an all-time high, helped zeon break past $0.003, but things fell down again and it closed the year at $0.0006576.

Although most cryptocurrencies appear to have lost out significantly so far in 2022, zeon has been something of an exception to the rule. The token has enjoyed some consistent price growth, with things largely moving upwards since the start of April.

While the news of the de-pegging of the ust stablecoin and the crash of the Terra luna did cause it to drop to a low of $0.0006413 on 12 May, there was recovery. It closed the month at $0.00219 and there was only a slight drop in June, despite the news that the Celsius Network’s crypto lending platform had cancelled withdrawals confirming the overall crypto bear market. Zeon finished the month at $0.002143.

It was in early August, though, that the token experienced a real boost, with the announcement that people would be able to transfer their assets between Ethereum and Binance Smart Chain causing the price to shoot up. It broke through the cent barrier to stand at an all-time high of $0.01999 on 3 August.

After that, there has been dropping back and, on 15 August, zeon was trading at around $0.007. At that time, there were about 30.53 zeon in circulation out of a total supply of 50 billion, according to CoinMarketCap. This gave the token a market cap of around $215 million, making it the 228th biggest cryptocurrency by that metric.

It is also worth noting that zeon has soared by about 1,000% over the course of 2022, which is a strong performance, especially when compared to the overall crypto market’s value that has dropped by roughly 45% over the same time period.

 

Zeon coin price prediction 

With all that said, let’s take a look at the zeon coin price prediction made as of 16 August 2022. It is important to know that price predictions, especially when it comes to something as extremely volatile as cryptocurrency, are usually not the same as the real value. Also, most long-term crypto price forecasts are made using an algorithm, which can change at a moment’s notice.

First, Gov Capital made a zeon coin price prediction that saw the crypto close 2022 potentially at $0.00729. By 15 August 2023, the site said it could be valued at $0.00987 and $0.0135 a year from then. The site offered a zeon coin price prediction for 2025 at the start of the year of $0.013, which could rise to $0.0174 on 15 August and close the year at $0.0173. By 15 August 2026, it suggested zeon coin could recover to $0.0222 and $0.0273 a year from then.

Next, TechNewsLeader has made a bearish zeon coin price prediction in the short term. It said zeon could drop to $0.003 this year, but recover to $0.004 next year and $0.005 the year after that. By 2025, the site said, zeon could trade at $0.007, before rising to $0.011 in 2026, $0.016 in 2027 and $0.022 in 2028. The prediction was for the token to close the decade at around $0.032 in 2029. It went on to make a zeon coin price prediction for 2030, suggesting it could reach $0.045 and $0.065 the following year.

Meanwhile, DigitalCoinPrice had a zeon coin price prediction for 2022 of around $0.00897, which could rise to $0.0106 in 2023 and $0.014 in 2025. In 2026, though, the token was expected to drop to $0.0126 before potentially recovering to $0.0146 in 2027. By 2028, zeon could be possibly worth $0.0234, before reaching $0.0286 in 2029 and starting a new decade at around $0.0387. By 2031, the site argued, zeon could trade at around $0.0366.

Finally, WalletInvestor was also a source of cautious optimism in terms of its zeon coin price prediction. The site suggested the token could be worth $0.00791 in August 2023 and then rise to $0.0117 in five years’ time.

When considering zeon coin price prediction, it is important to remember that the whole crypto market remains very volatile, making it difficult to accurately forecast the price of a coin or token within a few hours, and even more difficult to give long-term estimates. As a result, analysts and algorithm-based predictors can and do make wrong predictions.

If you are considering investing in crypto tokens, we recommend that you always conduct your own research. Check out the latest market trends, news, technical and fundamental analysis, and expert advice before making any investment decisions. Remember, past performance is no guarantee of future gains. Never invest more funds than you can afford to lose.

 

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