ZetaChain price prediction: Is a new all-time high on the horizon?


In early August, the native token of ZetaChain experienced quite a rollercoaster ride.

On August 5, 2024, it dropped to a new all-time low of $0.3448. However, six days later, it surged over 50% to $0.7524 following the listing of ZETA tokens on Coinbase.

As of August 16, the token is trading at approximately $0.56, still well below its all-time high of $2.85 reached in February 2024. What’s next for ZETA? Will it surpass its previous high, and if so, when might that happen? Check out our ZetaChain price prediction for 2024-2030.


Source: TradingView

What is ZetaChain and what are its goals

ZetaChain is a public blockchain that supports Omnichain functionality, universal smart contracts, and messaging between any blockchain. It aims to create a seamless, multi-chain crypto environment where users and developers can easily move between blockchains, taking advantage of their unique features — like payments, DeFi, liquidity, gaming, art, performance, security, and privacy.

ZETA coin: what is it and how is it used

The ZetaChain native token, ZETA, is used to pay for gas fees on the network. ZETA also underpins cross-chain transfers, exchanges, messaging, and security within ZetaChain. 

What are the expectations for ZETA in the near term and beyond?

ZetaChain crypto price prediction: short-term outlook

According to CoinCodex’s ZetaChain coin price prediction, ZETA’s price is expected to increase by 226.21%, potentially hitting $1.868596 by September 15, 2024. 

As of August 16, 2024, the overall sentiment for the ZetaChain price forecast remains bearish, with 4 technical analysis indicators showing bullish signals and 18 indicating bearish trends.

ZetaChain price prediction 2024

DigitalCoinPrice, drawing from insights from investors and market experts, suggests that ZetaChain might soon surpass its old high of $2.85 and settle between $1.15 and $1.23 in 2024.

According to CoinCodex’s projections for ZetaChain, ZETA is forecasted to trade between $0.572827 and $2.97 in 2024. If it reaches the upper end of this range, ZETA could see an increase of 377.05%.

Wallet Investor’s ZETA price prediction is not so optimistic. The resource anticipates that by the end of 2024, this token could achieve a maximum price of $0.08065.

ZetaChain price prediction 2025

According to DigitalCoinPrice’s ZetaChain price prediction for 2025, the price of ZETA could fluctuate between $1.20 and $1.41, with the most likely value stabilizing around $1.33 by year’s end.

CoinCodex’s forecast for 2025 is consistent with its prediction for 2024.

Wallet Investor expects that by the end of 2025, ZETA could potentially trade at only $0.0777.

ZetaChain price prediction 2030

DigitalCoinPrice’s forecasts and technical analysis project that ZETA’s price could reach a new high of $3.77 or $4.01 by the end of 2030. The years between 2024 and 2030 are set to be pivotal for ZetaChain’s growth.

According to CoinCodex’s ZetaChain price prediction for 2030, ZETA’s price could range from $1.425203 to $2.31.

Should you invest in ZETA?

The future value of ZetaChain coin depends on various factors, including market trends and investor sentiment. While there are times when the price might seem poised to rise, the market’s unpredictability means it could also decline. Deciding whether to invest in ZETA should hinge on your personal comfort with risk and investment objectives. Whether you’re considering investing or holding back, take your time to weigh the risks involved.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



Source link

About The Author

Scroll to Top