Nowadays, most people rely on social media to stay connected with their friends. The internet has become an important part of our daily lives, allowing us to check the news, talk to friends and family, and update each other on our lives.
Many think social media has transformed communication for the worse. For example, during the COVID-19 outbreak, false information spread because social media sites didn’t check the content. The CDC warns that telling people you know and care about false information about COVID-19 could have bad results.
Even before the pandemic, many users were unhappy with how the biggest social media platforms handled problems like misinformation, user control, political neutrality, privacy, and bad behavior.
Concerns like these have led to a new concept: decentralized social networks, which are also called “federated networks.”
Many people are interested in the idea of a decentralized social network, which is the next phase in the transformation of social networking. With this change, users will no longer have to put their relationships, information, and interests in the hands of one company, group, or government.
Deso gives users full control over their network interactions. You won’t have to worry about being monitored by anyone. Instead, it is up to you to protect yourself by participating in the network and verifying the information you get.
This article will explore more about Deso and the Deso Token. We’ll also provide some foresight into what the future might be for the Deso price.
Table of Contents
- Prediction Summary
- DESO Crypto Overview
- Pros of Deso Network
- Cons of Deso Network
- DESO Crypto Price History: Performance & Stats
- DESO Crypto Price Prediction: Analytics Websites Opinions
- Our Price Prediction for Deso Crypto
- Where to Buy Deso Crypto
- Final Thoughts
- Is Deso a Good Investment?
- Will Deso Go Up Or Down?
Prediction Summary
By the end of 2022: We predict Deso will reach an average minimum price of $13.16 and an average maximum price of $18.62.
By the end of 2023: We predict Deso will reach an average minimum price of $22.79 and an average maximum price of $27.46.
By the end of 2024: We predict Deso will reach an average minimum price of $30.11 and an average maximum price of $35.34.
By the end of 2025: We predict Deso will reach an average minimum price of $37.20 and an average maximum price of $42.85
By the end of 2027: We predict Deso will reach an average minimum price of $45.30 and an average maximum price of $50.92.
By the end of 2030: We predict Deso will reach an average minimum price of $81.44 and an average maximum price of $87.45.
DESO Crypto Overview
| Coin Name | Decentralized Social |
| Coin Symbol | DESO |
| USD Price | $16.21 |
| Marketcap | $ 143,995,670 |
| 24h Volume | $ 1,935,871 |
| Total Supply | 10,808,492 |
Pros of Deso Network
Increased security
Unlike traditional platforms, Deso platforms run on a number of separate servers. Although you might have heard of famous social media networks collapsing in the past due to a server breakdown, this is not an unusual occurrence.
So, using multiple servers makes it much less likely that a technical error will cause the whole network to go down. Using this type of system also makes it much less likely that a DDoS attack will happen.
Also, in decentralized social media networks, users may remain anonymous. They have the option to use pseudonyms, which protects their anonymity.
Enhanced User Control
Control is another thing that people just don’t have enough of when they use social media platforms. A social media platform takes shape and evolves in response to user needs. So, it makes perfect sense that the people who use social networks should have some sort of control over it.
In fact, this is one of the main ideas of decentralized social networks. The key to creating a platform where everyone is treated fairly is to give users complete control over their own information, communications, and social media experiences. Another major benefit is protecting users from any possible censorship by Big Tech.
Economic Neutrality
Many people are drawn to Deso networks in the hope of achieving economic neutrality, freeing themselves from the intrusion of advertising and the security risks it presents. In order to maintain financial viability, federated networks are exploring other methods of generating revenue. They often use cryptocurrency like Bitcoin to keep things running.
However, distributed systems have their flaws as well. There are downsides to using decentralized social media, just as there are to using any kind of technology.
Cons of Deso Network
Without a doubt, there are many interesting advantages to using Deso platforms. However, there are dangers connected with this technology, the most obvious being that it may be used by bad people.
Even though the idea of creating multiple, decentralized systems sounds pretty awesome, there will always be a chance that harmful communities could quickly spread propaganda, hate speech, and illegal content. Since you can post whatever you want on your own network, it makes it easier for bad groups to get their ideas out to the public.
Many Deso platforms contain a code of conduct to prevent unethical behavior. However, some users may attempt to take advantage of networks that are still developing.
There’s also a chance that users with the same goal could try to rig or manipulate the governance system to help themselves. This would make the platform itself unfair.
DESO Crypto Price History: Performance & Stats
Let’s now look at the past history of DESO. Even though the past isn’t a good predictor of the future, understanding what the token has done in the past could really help us make a DESO price prediction or understand one of the many that are already out there.
Since its release in June 2021, the price of DESO has seen significant swings, reaching a peak of $296.93 on 13 December 2021 and a low of $39.98 in January.
Following the market chaos created by the depegging of the UST stablecoin and the subsequent collapse of the related LUNA cryptocurrency on 12 May 2022, the price of the crypto dropped to a low of $7.92.
Even though it went back up to $17.11 just three days later, it went down again. On June 18, 2022, after the Celsius (CEL) crypto lending platform stopped withdrawals, which confirmed the bear market, it went down to $6.82.
After dropping to a low of $5.25 on 1 September 2022, the price rose again, this time staying around $7 with a short trip above $8 in August.
The price of DESO skyrocketed to an all-time high of $21.77 on October 8th, 2022. When this article was written, the current price of DESO on the market was $16.73.
Out of the entire amount of 10,808,492 DESO that existed at the moment, there were only 8,884,536 DESO in circulation. This made DESO the 231st biggest cryptocurrency by market cap, with a value of almost $149 million.
DESO Crypto Price Prediction: Analytics Websites Opinions
Before we talk about the predictions, you must know that no one can predict the price of cryptocurrencies with 100% accuracy.
The crypto market is very volatile, making it difficult to make accurate long-term predictions, even when employing an algorithm to analyze historical data and project future trends.
TechNewsLeader
TechNewsLeader forecast that the value of one Desk coin might reach $16.43 in 2022, $24.57 in 2023, and $35.70 in 2024.
In 10 years, DESO might go from being valued at $50.88 in 2025 to $114.97 in 2027 to $160.69 in 2028 to $228.97 at the end of the decade. Next, it predicted a price for Decentralized Social in 2030 of $345.85, with a possible increase to $512.29 the following year.
CoinsKid
CoinsKid predicted that the price of DESO would be around $18.56 at the end of 2022 and could reach $16.54 in October 2023. The site said that in a year, the coin could be worth $28.45. It then made a Decentralized Social price prediction for 2025, saying that the token could start the year at $31.61, reaching $56.29 in October, and end the year at around $59.49.
According to the site, by 2026’s end, DESO may be valued at around $76.47.
CoinCodex’s
CoinCodex’s short-term Deso price forecast for 2022 was neutral, with 17 indicators exhibiting optimistic indications and 10 giving negative signals.
WalletInvestor
WalletInvestor was less optimistic about the price of Decentralized Social and predicted that the cryptocurrency would lose a lot of value over the following year. As of October 2023, the site predicted that the price of one Deso would have dropped to around $1.80.
Our Price Prediction for Deso Crypto
| Year | Minimum Price | Average Price | Maximum Price |
| 2022 | $13.16 | $15.43 | $18.62 |
| 2023 | $22.79 | $24.88 | $27.46 |
| 2024 | $30.11 | $32.62 | $35.34 |
| 2025 | $37.20 | $39.84 | $42.85 |
| 2027 | $45.30 | $47.99 | $50.92 |
| 2030 | $81.44 | $84.45 | $87.45 |
DESO Crypto Price Prediction 2022
According to our latest analysis, by 2022, the lowest price for Decentralized Social would be around $13.16. Decentralized Social’s price may go as high as $18.62 in 2022, with an average of $15.43.
DESO Crypto Price Prediction 2023
In 2023, the price of DESO price is predicted to drop to a minimum of $22.79. According to our research, the most price DESO might reach is $27.46, while our average prediction puts it closer to $24.88.
DESO Crypto Price Prediction 2024
In 2024, the price of DESO is expected to reach a minimum of $30.11. Over the course of 2024, the DESO price has the potential to reach $35.34, with a typical trading price of $32.62.
DESO Crypto Price Prediction 2025
Based on our detailed technical analysis of DESO’s past price data, the price of DESO is expected to reach at least $37.20 in 2025. With an average price of $39.84, the DESO price has the potential to rise to $42.85.
DESO Crypto Price Prediction 2027
In 2027, the price of DESO is expected to reach a minimum of $45.30. Over the course of 2027, the DESO price has the potential to reach $50.92, with a typical trading price of $47.99.
DESO Crypto Price Prediction 2030
In 2030, the price of DESO price is predicted to drop to a minimum of $81.44. According to our research, the most price DESO might reach is $87.45, while our average prediction puts it closer to $84.45.
Where to Buy Deso Crypto
Blockchain.com, Coinbase, and AscendEX are just some of the cryptocurrency exchanges where you may buy and sell DESO.
Final Thoughts
When looking at DESO coin price predictions, it’s important to remember that cryptocurrency markets are still very volatile. This makes it hard to accurately forecast what a coin price will be in the next few minutes, So analysts and forecasters who use algorithms can and do make wrong predictions.
If you’re thinking about putting money into cryptocurrency tokens, you should always DYOR. Before making any investment, it is important to consider the technical and fundamental analysis, news, market trends, and professional opinion. Remember that previous performance does not guarantee future results, and never trade with cash you cannot afford to lose.
Is Deso a Good Investment?
Decentralized Social says it is “the only layer-1 blockchain that can scale social media apps” and has big plans to make blockchain-based social media mainstream. However, there is a risk that the project won’t be successful. Much depends on the long-term trend of the cryptocurrency market.
Will Deso Go Up Or Down?
It’s hard to make an accurate prediction. Sites like TechNewsLeader are optimistic, but WalletInvestor is more pessimistic. Remember that predictions of price movements are often inaccurate and that prices may fall as well as rise.
Disclaimer: All the information on this website is published for general information purposes only. They are not financial advice and do not represent the opinions of Coindictate to buy or sell any asset. Please do your own research before taking any action.
