Telcoin Price Prediction: Will Telcoin (TEL) Ever Hit $1?

Cryptocurrencies are changing the traditional finance world in ways that we couldn’t expect. TEL is one of the projects that tends to simplify secure and decentralized transactions and spread them across mobile networks turning the mobile into the bank account. With the growing popularity of the service, more users get to know about TEL coin, making it take its place in the world of crypto. Read our TEL (Telcoin) price prediction to see if the asset is going to hit new heights in the nearby future.

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Telcoin Fundamental Analysis

Project name
Telcoin
Stock Symbol
TEL
Current Price
0.002476521
Current Supply
100000000000
ROI Since Launch
146.6795685065801
Launch Date
2017
Official Website

Telcoin (TEL) is an ERC-20 token developed by Telcoin Pte. Ltd., a Singapore-based telecom-focused team of developers. The project aims to integrate blockchain technology with worldwide mobile networks: Telcoin has a goal of bringing instant international money transfers to all mobile phone users. The company’s main products are the TEL token itself and the Telcoin Wallet app, which can be downloaded off of the App Store or through Google Play. Since Telcoin’s launch in 2017, the project has garnered a lot of attention for its ambitious plan to merge the telecom industry with blockchain technology. Telcoin is all about making money transfers easier and smarter — both in peer-to-peer transactions to individuals’ phone numbers and while interacting with e-commerce stores. Telcoin is working closely with major mobile networks in areas of the world where getting access to traditional financial institutions is a hassle. This partnership benefits disadvantaged populations by providing access to previously-unavailable financial services with the only requirement for participation being a working smartphone with a phone plan. In addition to the company’s official wallet, Telcoin can be integrated with existing mobile wallets. Payments transferred through partnered mobile wallets are free with the only fees being the ones from converting TEL into other cryptocurrencies and converting those cryptos into fiat. The project’s end goal is to facilitate the overall unbanking of the world by providing an alternative to traditional money transfer platforms via cheap remittance, payments, credit, and other perks that can be achieved through blockchain technology.

Telcoin Live Price Chart

Despite uncertain tendencies of the crypto market in 2021, TEL coin managed to increase its value significantly, reaching new all-time-high and new records of market capitalization. At the beginning of the year, the asset was traded for $0.0043, but at the beginning of March went along with the rallying crypto market and reached the level of $0.0083, where the token stabilized and kept the price till the end of April. 

For a few days after that, the asset was down at $0.0056, just before it skyrocketed to $0.041 on May 6. After the short correction at $0.037 the coin went even higher and hit the all-time-high of $0.064 on May 11. It couldn’t sustain at this level and went down to $0.037 the following week and later was pulled off to $0.02. 

From the end of May till mid-July TEL token stabilized around $0.033, bouncing between $0.028 and $0.037 for the whole period. The token price though wasn’t affected much by the bearish tendencies leading the crypto market at the time, as the coin improved its value noticably compared to the previous months.

In July and August, the token price was still going through a market correction. that took it to $.0.018 by mid-August. Once cryptos started to rally once again TEL token also joined the major uptrend and was traded around $0.02 till the end of the first week of September. But from that time the asset got affected by the market correction and went down to $0.015.

From mid-September till the beginning of November the asset was gaining value moderately. reaching $0.023 by the end of October and then being corrected to $0.018, but in the first week of November recovered to $0.028 After that Telcoin price chart was declining not reaching higher than $0.014. Moreover, at the end of January token fell to $0.06 and then stabilized at the level of $0.07. 

Since the beginning of March 2022 the TEL token was slowly recovering from the downtrends, though still staying far below its ATH. During the last 7 days, the token lost 15% of its value and at the moment still following the bearish trend. Experts don’t predict a fast rise for the token but expect it to increase in value by the end of 2022, reaching $0.14. In the long run, though, experts don’t think the coin will go up.

This can be changed as Telcoin carries big plans for global expansion in 2022. If the project manages to go mainstream we can expect token prices to go for another rally even if the general crypto market will stay relatively stable.

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Telcoin Technical Analysis

Despite the fact that 100% accurate technical analysis for Telcoin cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated TEL buy-and-sell rating for selected timeframe. The summary for TEL/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Telcoin Price Prediction

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

Telcoin Price Prediction for 2022

As of Telcoin price predictions for the rest of 2022, there are divergent opinions. TradingBeast expects an upturn towards $0.003119, and PricePrediction.net echoes with ~$0.003863 by the year’s end. Other experts, for example, from WalletInvestor, are more pessimistic about Telcoin’s future price, citing numbers downwards of $0.000271 in December.
Potential ROI: -2% Sell

Telcoin Price Prediction for 2023

In their Telcoin price predictions for 2023, TradingBeast’s forecasts the coin’s price to go above $0.005194 by December. Forecasting Telcoin's future, PricePrediction.net expects further growth, too, saying the Telcoin price will reach ~$0.006606 by that time. On the contrary, WalletInvestor keeps predicting Telcoin price decline, quoting prices around ~$0.000271 in 2023.
Potential ROI: 62% Buy

Telcoin Price Prediction for 2024

Telcoin price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $0.005681–$0.006401 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.000245 in December 2024.
Potential ROI: 66% Buy

Telcoin Price Prediction for 2025

PricePrediction.net has only optimism in store for the 2025 Telcoin price prediction, valuing Telcoin at $0.002613 by the end of 2025. TradingBeast agrees with a positive forecast and predicts, in turn, $0.007228 for the same period. On the other hand, WalletInvestor’s team is more pessimistic — their Telcoin price prediction for December of this year is just $0.000168.
Potential ROI: 35% Buy

Telcoin Price Prediction for 2030

Speaking of long-term Telcoin price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Telcoin price won’t grow further and, opposedly, will decline to $0.002039. WalletInvestor’s price prediction for Telcoin echoes with the projection of a downtrend to $0.000069. Despite this, TradingBeast’s vision remains positive, promising growth up to $0.002819.
Potential ROI: -34% Sell
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Summary

As it can be clear from the analysis cited above, Telcoin (TEL) projections are rather contradictory. There is no universal consensus either about positive or negative future TEL price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Telcoin 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).
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.

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