Orchid Price Prediction

An up-to-date Orchid price prediction for 2022, 2023, 2024, 2025, 2030. Wondering what is the future of OXT price? Find out Orchid price forecast with historical, fundamental and technical analysis.
Swap Tracker

Orchid Fundamental Analysis

Project name
Orchid
Stock Symbol
OXT
Current Price
0.1304
Current Supply
1000000000
Official Website

Orchid (OXT) is a token powering the innovative Orchid – a decentralized protocol built on the Ethereum blockchain, which is designed to work as a distributed VPN. Regional restrictions, censorship, and limited access to certain services and products have made it more and more popular to take advantage of VPN’s, but there are some issues with the “classic” VPN providers: the users’ data is collected on a central server where it’s vulnerable to hackers’ attacks or government agencies’ scrutiny. Orchid has introduced its protocol to combat this problem by allowing users to buy bandwidth from a global network of providers. The result is a decentralized, secure, and scalable VPN.

Orchid protocol utilizes a sophisticated nanopayments system, which drastically reduces transaction time between a user request being made and processed, and the time it takes for nanopayments to be effective. The off-chain solution provides speed, scalability and reduces transaction costs.

The transactions on the network are made using OXT cryptocurrency. Bandwidth providers are incentivized to stake OXT tokens received as nanopayments on the network to increase their reward chances. This mechanism ensures a consistent demand of the native Orchid crypto and a sustainable incentive scheme to guarantee the stability and reach of the nodes.

Orchid Live Price Chart

Orchid token appeared on the market in December 2019 and its price quickly rose to ~$0.61. Later the price dropped, trading as low as $0.10 in March 2020, after the initial interest passed, as we see with many similar projects. It rallied back up to almost $0.7 in August when it got listed on several additional exchanges and announced support for Wireguard VPN protocol. After suffering another dip to ~$0.2-$0.3, Orchid token price started to rise around the beginning of 2021, following the general crypto bull market. Since breaking $1 in April, however, the OXT price has been mostly in decline, hovering just above the $0.2 mark. In late June the Orchid price trend may be starting to turn, as OXT’s price started showing signs of consolidation, bouncing between $0.2–$0.3, but at the time of writing the future of Orchid crypto is still uncertain.

Best fiat-to-crypto offers
usd
usd
btc
btc
Buy crypto Buy crypto

Orchid Technical Analysis

Orchid coin price seems to hold steady above the support line at ~$0.2 during the summer of 2021, despite its longer-term bearish trendline starting in May. However, at the same time, OXT token price hasn’t shown a lot of growth in the past months. The most concerning pattern in Orchid price movements is the hint of head and shoulders forming since late June — there are two peaks with the third, possibly, on its way. If this comes to pass, OXT’s price predictions for the close future are going to be quite pessimistic as this is a bearish sign. On the other hand, the same price action can be interpreted as good news for Orchid — without the third peak, the OXT price chart in June — July 2021 still shows the bullish flag features, which means possible trend reversal for the Orchid protocol token.

Orchid Price Prediction

Below we have collected the most reliable price projections for Orchid (OXT) from popular forecast platforms.

Orchid Price Prediction for 2022

As of the end of 2022, Orchid price predictions remain predominantly positive, with some analytics promising the price at about $0.14, while TradingBeast even cites the possibility of the price reaching $0.185352 by the end of the year.
Potential ROI: 28% Buy

Orchid Price Prediction for 2023

In their Orchid price predictions for 2023, TradingBeast’s forecasts the coin’s price to go above $0.148444 by December. Forecasting Orchid's future, PricePrediction.net expects further growth, too, saying the Orchid price will reach ~$0.2 by that time. On the contrary, WalletInvestor keeps predicting Orchid price decline, quoting prices around ~$0.0185 in 2023.
Potential ROI: -6% Sell

Orchid Price Prediction for 2024

Orchid price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $0.203153–$0.29 range (TradingBeast, PricePrediction.net), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.0264 in December 2024.
Potential ROI: 33% Buy

Orchid Price Prediction for 2025

TradingBeast has only optimism in store for the 2025 Orchid price prediction, valuing Orchid at $0.241679 by the end of 2025. PricePrediction.net agrees with a positive forecast and predicts, in turn, $0.44 for the same period. On the other hand, WalletInvestor’s team is more pessimistic — their Orchid price prediction for December of this year is just $0.0241.
Potential ROI: 80% Buy

Orchid Price Prediction for 2030

Speaking of long-term Orchid price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Orchid price won’t grow further and, opposedly, will decline to $0.077337. WalletInvestor’s price prediction for Orchid echoes with the projection of a downtrend to $0.015906. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $2.93.
Potential ROI: 673% Buy
Share your thoughts on OXT with our community!

Summary

As it can be clear from the analysis cited above, Orchid (OXT) projections are rather contradictory. There is no universal consensus either about positive or negative future OXT price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Orchid projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

FAQ

What is OXT used for?

OXT cryptocurrency is used for transactions on Orchid, which is a network providing distributed VPN services to users. Those services are sold and purchased using OXT tokens.

Is OXT crypto a good investment?

OXT crypto can be a good investment since it’s relatively new and its price may skyrocket as it fully realizes its potential. Those developments can be monitored by following OXT coin news, as well as by looking at Orchid protocol price technical and fundamental analysis such as those presented on this page.

How much is Orchid worth?

In July 2021 Orchid token was worth approximately $0.2–$0.3. There is a lot of potential value in Orchid crypto, so watch out for price fluctuations. Note that generally, Orchid (OXT) price predictions for the long term are mostly positive.

How high can orchid OXT go?

Orchid price predictions for 2025 suggest that it can go as high as $2. This is a long-term Orchid price forecast, so consider this if you’re expecting OXT to go to the moon.

Is Orchid worth investing in?

Orchid is definitely worth investing in, however, as with any crypto, there are risks. This market is more volatile and unpredictable than most, so the future of Orchid crypto can change at any moment. We suggest you do your own research to make your investment decisions.

Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About SwapSpace

SwapSpace is a cryptocurrency exchange aggregator that allows to swap over 800 cryptos with both fixed and floating rates. We gather the rates of major crypto exchanges on the market onscreen and let our users compare and choose whatever option they like the most. We don’t add any fees over the partners’ rates, which makes the exchanges via SwapSpace profitable. The exchange time is no longer than at any of our integrated services starting from 10 minutes. SwapSpace support works 24/7.

Trade Orchid

This pair is not available for exchange