The crypto market is experiencing rapid growth, with over 17,000 active projects and new ones released on the dailies.
Tectonic is one of the recent entries into the crypto ecosystem that investors are speculating about and asking questions about the coin’s feasibility. This Defi protocol operates on the Cronos blockchain intending to make borrowing and lending possible across different blockchains.
While the underlying concept of the tectonic project was great, the protocol failed to leave up to investors’ expectations. The native token of tectonic, TONIC, cracked under the market’s pressure losing about 75% of its value after its debut in December.
TONIC was able to redeem itself by staging a comeback in the second half of March, with its price increasing with the bullish sentiment on the cryptocurrency markets. But, investors are concerned about the future of the coin and asking questions as to whether it’s not going to be another big crypto flop.
Is Tectonic a good investment? Should you buy or pass? This Tectonic crypto price prediction article will cover the project’s technical and price analysis and offer insights into the coin’s prospects in the future.
Data from CoinMarketCap showed that, at the time of this writing, TONIC was trading at $0.0000001226, ranked 3702 in the crypto ecosystem, and had a total supply of 500 trillion. There’s no information about its market cap or the number of TONIC coins in circulation.
Also read: Latest Tectonic crypto news
Table of Contents
- Prediction summary
- Quick overview of Tectonic crypto
- What is Tectonic crypto (TONIC)?
- Tectonic Crypto Price History: Performance & Stats
- Tectonic crypto price prediction: Market opinions
- Price prediction for Tectonic crypto
- Tectonic crypto price prediction 2022
- Tectonic crypto price prediction 2023
- Tectonic crypto price prediction 2024
- Tectonic crypto price prediction 2025
- Tectonic crypto price prediction 2026
- Tectonic crypto price prediction 2027
- Tectonic crypto price prediction 2028
- Tectonic crypto price prediction 2029
- Tectonic crypto price prediction 2030
- Where to buy Tectonic crypto
- Is Tectonic crypto a good investment?
- FAQs on TONIC
- Bottom line
By the end of 2022: We predict TONIC will reach an average minimum price of $0.0000012 and an average maximum price of $0.0000018.
By the end of 2023: We predict TONIC would reach an average minimum price of $0.0000012 and an average maximum price of $0.0000018.
By the end of 2024: We predict TONIC would reach an average minimum price of $0.0000016 and an average maximum price of $0.0000025.
By the end of 2025: We predict TONIC would reach an average minimum price of $0.0000022 and an average maximum price of $0.0000033.
By the end of 2026: We predict TONIC would reach an average minimum price of $0.0000029 and an average maximum price of $0.0000044.
By the end of 2027: We predict TONIC would reach an average minimum price of $0.000004 and an average maximum price of $0.000006.
By the end of 2028: We predict TONIC would reach an average minimum price of $0.0000053 and an average maximum price of $0.000008.
By the end of 2029: We predict TONIC would reach an average minimum price of $0.0000072 and an average maximum price of $0.00001.
By the end of 2030: We predict TONIC would reach an average minimum price of $0.0000096 and an average maximum price of $0.000014.
Also read: VVS crypto price prediction
Quick overview of Tectonic crypto
What is Tectonic crypto (TONIC)?
Tectonic is an algorithm-based, decentralized non-custodial money market protocol built on the Cronos blockchain. This technology allows the platform to interact with other blockchains, including ETH and ATOM.
The platform offers users two main functionalities; borrow and loan. Users can generate passive income from their assets by lending them to the network. Likewise, using their assets as collateral allows you to borrow cryptocurrency as a liquidity borrower for uses, including short-term trading, staking, and yield farming.
TONIC is the native token of the Tectonic protocol that drives the ecosystem’s reward mechanism. The developers of tectonic claim there are 500 trillion tokens in the entire supply which has raised suspicion about the project. But, the development team assures prospective investors of the substantial spread of its asset.
Following the crash of the $TONIC token’s value in the early days of the Tectonic project, it increased its market value by aggressively expanding its network.
Several key players in the cryptocurrency industry, including Ape Board, have joined the tectonic bandwagon. Another protocol that supports the Tectonic platform is VVS Finance.
Besides the support tectonic is getting from big names in the crypto industry, the network’s generous token giveaways are another factor that increased market interest in the TONIC coin.
Tectonic Crypto Price History: Performance & Stats
After the launch of Tectonic’s main net on the Cronos blockchain, TONIC became live on December 23, 2021, with a starting price of $0.000004.
Shortly after, VVS Finance added the protocol’s token on its exchange after partnering with Tectonic. VVS Finance also launched a promotion in which VVS investors received TONIC rewards.
However, the Tectonic team advised prospective investors to wait before purchasing the token because they anticipated the price to be unpredictable initially, which was unusual. But, like they could foresee the future, the team was correct. TONIC experienced a dramatic crash in the days that followed, plummeting to $0.0000009.
The $TONIC coin bounced back at the start of 2022, reaching a high of $0.000001. This comeback occurred after Tectonic passed $500 million in total supply to become the largest loan platform on Cronos. Also, Crypto.com listed the coin on its exchange, giving it more transit.
TONIC reached $0.000001 towards the end of January. It maintained this position for a few days before falling to $0.0000009 at the start of February. A few days later, TONIC started to climb again, this time gaining more ground.
On February 8, 2022, after Cronos reached $2 billion in TVL and Tectonic was recognized as a critical project in the network, the coin shot to $0.0000019. But, TONIC was unable to maintain this high valuation. The site said it was lowering its collateral factor by 3% daily until it reached 20%, which caused the decline.
Once again, TONIC reached a high of $0.000001 on March 29, 2022, but this momentum was short-lived. The coin succumbed to the latest crypto meltdown, and the price fell to a new record-low of $0.00000014.
Since then, the story of TONIC’s price has been full of ups and downs, and as of this writing, it is at $0.0000001226.
Tectonic crypto price prediction: Market opinions
If you’re asked, “What would be the price of TONIC in the next ten years?” The answer you’ll get would vary depending on who you ask. No prediction is 100% correct because different market factors affect the price of a cryptocurrency.
Below are some Tectonic crypto price predictions from some popular crypto prediction websites.
DigitalCoinPrice doesn’t expect a bullish trend for TONIC in 2021 and predicts that the token will remain below the $0.0000002 threshold for most of the year.
According to DigitalCoinPrice’s analysis, Tectonic would trade at an average price of $0.00000049 in 2028. The website project this figure will increase to $0.0000007 by the start of the next decade.
CryptoPredictions believe the coin will continue to rise steadily in the future. But, it does not think the token will grow beyond $0.000001 soon. The website projects the coin will hit $0.00000033 by the end of 2022.
PricePrediction.net has similar expectations about the prospect of the $TONIC token. The website anticipates the coin will finish the year strong with an average price of $0.00000035. This figure would increase to $0.000001 by 2025.
By 2030, PricePrediction.net’s tectonic crypto price projections show that the coin would be trading at $0.000006.
According to TechNewsLeader, the price of the Tectonic coin will only reach $0.00000015 in a year. The website also predicts the token will surpass the $0.000001 threshold in 2025.
Their 10-year Tectonic crypto price prediction shows the value of the cryptocurrency will be close to $0.00001 by 2032.
Price prediction for Tectonic crypto
|Year||Minimum Price||Average Price||Maximum Price|
Tectonic crypto price prediction 2022
Our prediction for Tectonic crypto in 2022 is bullish. We believe TONIC will reach a point close to its prior all-time high. If all goes according to plan, we estimate that Tectonic’s maximum price in 2022 may reach $0.0000018.
TONIC would trade at an average price of $0.0000015. Worst case scenario, based on our analysis, the cost of TONIC could fall to $0.0000012.
Tectonic crypto price prediction 2023
We don’t expect to see any significant changes in Tectonic’s price in 2023. Our analysis shows that unless there’s an increased interest in the project, TONIC’s price will fluctuate between $0.0000018 and $0.0000012.
Tectonic crypto price prediction 2024
2024 would be a bullish year for Tectonic. The token can finish the year strong with a maximum price of $0.0000025. We also expect TONIC to trade at an average price of $0.000002 with a minimum price of $0.0000016.
Tectonic crypto price prediction 2025
Our tectonic crypto price forecast for 2025 is optimistic, and we predict that TONIC’s price will reach a maximum of $0.0000033. Depending on the market, we expect TONIC might fall to $0.0000022 and trade at an average price of $0.0000027 throughout the year.
Tectonic crypto price prediction 2026
Based on our analysis, we anticipate the TONIC coin will have a maximum value of $0.0000044 by 2026. If the market turns bullish, the minimum price might increase to $0.0000029.
Tectonic crypto price prediction 2027
If the market experiences a strong bull run in 2027, the tectonic price might exceed $0.000006. Given that long-term investors will hold it, its average price for 2027 will be close to $0.000005.
Tectonic crypto price prediction 2028
The cost of a Tectonic in 2028 will be close to $0.000008. By 2028, TONIC’s average price may be approximately $0.0000067.
Tectonic crypto price prediction 2029
With further adoption and collaborations with other significant blockchain networks, the price of Tectonic would soar in 2029, and the highest trading price may reach $0.00001.
If everything goes according to plan, we can anticipate an average price of $0.000009 for 2029.
Tectonic crypto price prediction 2030
If more investors hop onto the project’s bandwagon, there is a probability that the average price of TONIC may increase to roughly $0.000012 by 2030. The year 2030 may end at a price as high as $0.000014 and as low as $0.0000096.
Where to buy Tectonic crypto
Tectonic is still new; only a few exchanges list the $TONIC coin on their platform, which means there are only a few places where you can buy Tectonic crypto. According to the data provided by Coinmarketcap, you can buy Tectonic crypto from Crypto.com, HotBit, VVS Finance, and MM Finance.
TONIC crypto is not yet supported on Coinbase, Binance, Bybit, and other major exchanges.
Is Tectonic crypto a good investment?
There’s no direct answer to this question. Tectonic (TONIC) can be a good investment if the project delivers on its roadmap and promises. On the other hand, the asset could also become a bad investment if the development team fails to pay or if the project suffers a significant hack.
However, this is not a bit of financial advice, and every trader must do their research and decide if the Tectonic coin is a good investment. Sometimes, the state of the general cryptocurrency market can influence the price of a cryptocurrency to the upside when bullish or downside when bearish.
Also read: EPS crypto price prediction
FAQs on TONIC
How many Tectonic cryptos are there?
Data from CoinMarketCap reveals that there is a total supply of 500 trillion TONIC, but Tectonic has not revealed how many coins are in current circulation.
Is TONIC a good investment?
Tectonic could be a good investment. We’ve seen TONIC weather through a bearish crypto market and starting 2022 positively. But, the token has since declined in value. Always conduct your research before investing in the crypto market.
Will Tectonic crypto go up?
According to the consensus of pricing forecasts, TONIC will likely increase during the coming years. One of the bullish predictions comes from TechNewsLeader, which predicts that it will soar and approach the value of 0.00001 dollars in ten years.
You should never invest more money than you can afford to lose; cryptocurrencies are hard to predict and can go down in value at any time.
Should I invest in Tectonic Crypto?
Whether you should or not invest in Tectonic depends on your risk tolerance. Tectonic has experienced a significant increase in TVL and has grown swiftly to become one of the top Defi platforms on the Cronos blockchain.
However, the protocol still needs to demonstrate that its token is strong enough to compete with the Defi market’s top players to make investing in the token a no-brainer.
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We believe Tectonic can be an excellent long-term investment. But our judgments are influenced by technical analysis and external market factors. Therefore, based on our forecast, you shouldn’t rely on your purchase decision.
You should research, gather your thoughts, and then use the forecasts to shape your standpoint. It is best if you avoid becoming dependent on price forecasts.
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.