CRPT is an Ethereum-based token and a vital part of the Crypterium ecosystem. This ecosystem consists not only of the Crypterium blockchain but also of the Crypterium App and Bitcoin debit card. CRPT is used as a deflationary payment system for transactions happening in that system, tying it all together.
It is called deflationary due to the fact that for each transaction, a fee equal to 0.5% of the value of the trade is taken from the user’s account and burned. This, in turn, leads to the higher value of the remaining tokens, as it shows the scarcity of the asset. With this novel approach, a solid platform, and hefty ambitions, the Changelly team just couldn’t resist making a price prediction for CRPT.
Crypterium (CRPT) Fundamental Value
The Crypterium project was started in 2013 by a team of specialists with a vast experience in FinTech. Their goal was to develop a functioning crypto-based payment solution, complete with banking services. So far, looking at the development of the project, you can say that they are on the right track.
Crypterium consists of 4 components: CRPT-fueled crypto bank that allows you to send your coins straight to the bank account; Crypterium wallet, where you can store your CRPT tokens; Crypterium card, connecting your account to the real world; and, finally, the lifeblood of this system, CRPT tokens. In addition to that, Crypterium blockchain supports smart contracts, and the whole system operates on them.
CRPT tokens are the fuel that moves this ecosystem and makes it work. They are used to pay the fees for transactions and to buy the internal services of the Crypterium system. Without these tokens, there would be no consistent connection between the system’s payment solutions. Add to that its price will only rise in the future due to the deflationary nature of the coin, and you have an interesting asset to invest in.
Crypterium (CRPT) Price History
While Crypterium never had a high price, its starting price of $2.30 on January 23, 2018, was also the highest it ever achieved. Since then, it mostly was in the price range of $0.20-0.50, with the lowest price being $0.06 on December 7, 2018, and the highest $1.09 on May 15, 2018.
The year 2020 CRPT has met with a solid position and even the drop of March didn’t faze it for long, as it rebounded back to $0.50 rather quickly. The current price for CRPT is $0.36, so we can see the return to the previous stable pattern. Now, let’s see what the future holds for CRPT and its price.
Crypterium (CRPT) Technical Analysis
While there is no comprehensive technical analysis for Crypterium yet, we still have something for you. And that is an answer from TradingView on whether CRPT is a good investment or not. Let’s see what they have to say about it.
So, let’s get to the main reason behind this article: predictions on whether Crypterium (CRPT) will be a good investment or not. There are 4 opinions from some of the most influential crypto platforms. Let’s take a look at what they think about it.
Wallet Investor considers Crypterium an awesome option for a long-term investment. They predict that in 1 year, CRPT price will increase up to $0.59 for a token, and in 5 years it will rise to the $1.44. All in all, Wallet Investor thinks that Crypterium is a worthwhile long-term investment.
#2. CRPT Price Forecast for 2020-2025 by DigitalCoin
DigitalCoin agrees with Wallet Investor’s assessment, predicting even higher CRPT price in the future. According to them, Crypterium will achieve a price of $0.88 in 2020, $1.02 in 2021, and $1.8 in 2025, forecasting a rather impressive growth of about 500-600%.
#3. TradingBeasts Crypterium Price Prediction for Next 3 Years
In comparison, TradingBeasts is much more conservative in its forecast. They predict a rather minor increase in the CRPT price, mostly remaining in the range of $0.36-$0.75 for the next 3 years. While it is not good for those seeking profit, it might serve as a good stablecoin in turbulent times.
#4. Cryptoground CRPT Price Prediction for 2020-2025
And the last but never the least is Cryptoground with their assessment of Crypterium. They predict CRPT a consistent growth for the next 5 years, with it eventually reaching $1.63 price in 2025, making it an alluring long-term investment option.
With that, we can conclude our Crypterium price prediction. You can see that Crypterium holds some promise for investors and most predictions support that view. With its high ROI rate, rising prices, and a functioning ecosystem built around it, CRPT has much to offer. With a bright future,
Crypterium can become a strong contender to become a popular cryptocurrency. Once it increases its market capitalization, it can become a go-to crypto for those looking for stable growth. But for now, it would be wise to keep an eye out for CRPT and its development, even if you don’t want to invest in it.
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.