Proton (XPR) is a blockchain that uses smart contracts to cater to both peer-to-peer payment as well as consumer applications. It's been built around having a secure identity layer and financial statements and allows for users to link directly to both accounts for traditional currency and real identity, and to purchase and use cryptocurrency in various apps.
Ultimately, Proton was designed as a way for social media and game users to conduct quick and easy financial transactions. Their goal when creating the crypto platform was to make it easy for anyone to exchange any crypto at any time and from anywhere.
They are trying to solve the problem that most crypto trading that occurs in apps doesn't have framework for secure regulation. Many investors have bought into this idea, and are hoping that it will have a solid outlook for the future.
Below, we'll dive into the possibility that XRP bounces back from the steep price drop it's experienced in the last year. We'll also outline two much better alternatives where crypto investors should put their money — IMPT and Tamadoge.
Will Proton be able to bounce back from the massive losses to build value for investors once again?
Below is an XPR crypto price prediction on where the value could go in the next few years.
Year | Price |
2022 | $0.0014 |
2025 | $0.0042 |
2030 | $0.0106 |
As the price prediction shows, XRP could increase in value by 200% between the end of 2022 and 2025. Then, between 2025 and 2030, it could increase another 150%. All told from 2022 through 2030, the price prediction shows the possibility for an approximate 657% increase in value for Proton.
There are some things to definitely keep in mind with these price predictions, though. First, Proton has lost nearly all of its value in the last year. In the past 12 months, it's dropped a massive 91.42% in value. It keeps going down, too, with a 28.27% drop in the last month and an 8.17% drop in the last week, as of October 11.
In other words, the positive price prediction above can only really come true if XPR starts showing some positive signs of life sometime soon. Otherwise, it won't even be on people's radars.
The problem is that Proton is very reliant on other blockchain networks and other factors in the market. This makes it extremely volatile from an investment standpoint. Most people will smartly shy away from dumping any money into it unless it can prove that it can bring some sort of returns.
But is that really worth it? The answer is probably not, especially as there are other crypto projects that are not only promising huge future returns but also showing those gains right now. Those projects are called IMPT and Tamadoge.
So many different crypto projects get such a bad rap nowadays for their negative impact on the environment. IMPT is a new crypto project that's aiming to not just change that perception of crypto overall, but actually have a positive impact on the environment.
IMPT is not just eco-friendly; it's impacting real change in the environment. The new ecosystem is changing the way that carbon offset credits are exchanged by bringing them onto the blockchain and tokenizing them. The decentralized platform will make all the transactions completely verifiable and transparent — things that the current carbon offset market just doesn't provide.
In addition, it's giving individuals a direct way to reduce their carbon footprint. By partnering with some of the top brands in the world, individuals can contribute to the environment in a positive way simply by making purchases. What's more, IMPT is empowering people to be able to sell, purchase or retire their carbon credits, all while eliminating fraud and avoiding double counting.
Its Presale1 is underway now, with stage 2 set to commence after November 25, or when a full sellout occurs.
In the same vein, Tamadoge is having a positive impact on the environment while completely changing how meme coins are viewed.
Tamadoge is built to last, as its combination of the traditional NFT and Play-to-Earn (P2E) markets have created a fun game that incentivizes users to constantly build up the value of their doges. Users can have fun breeding and training their doges just like the Tamagotchi toy from the 1990s. Then, they can take them onto the metaverse to hang out with friends and achieve various accomplishments to build the value of their NFT.
These can then be traded, sold and exchanged on the open market, providing real-world value to a meme coin like never before.
TAMA is pre-mined, meaning it doesn't require the super computers that other cryptos do. It's also deflationary, meaning the supply will decrease over time, leading to demand outweighing supply.
Tamadoge had a very successful Beta sale and presale, and just last month became available for exchange on the top-tier crypto network OKX, on both its centralized and decentralized platform.
There's a lot to like about XPR crypto, at least in theory. While the idea behind the crypto project is certainly worthwhile, the proof just isn't in the pudding, as they say. Proton has lost a massive amount of value in the last year, so while the price prediction looks promising, it's too hard to trust long-term.
That's simply not the case for IMPT and Tamadoge, though, two new crypto projects that are already making waves in their respective market. By disrupting their market and positively impacting the environment, these two cryptos are much better buys than XPR for the future.
So, get in on the action now before it's too late and you miss the boat.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.