Seele is a token based on Ethereium blockchain intending to improve the most common problems ailing the existing cryptos. The low rate of transactions per second (TPS) is the chief amongst them. Seele is often called a 4th-generation cryptocurrency, as it builds upon the successes of the second and third generations. It tries to do that by improving communication protocols, consensus algorithms, and network infrastructure.
Given that Seele coin started to rise again, we’ve decided to provide you with a price prediction on SEELE for 2020-2025.
Seele (SEELE) Fundamental Value
Seele was created in 2018 by a trio of doctors in tune with the cryptocurrency, computer engineering, and blockchain: Dr. Maolin Zheng, Dr. Nick Smith, and Dr. Wei Bi. Pooling together their knowledge and expertise in blockchain, they’ve managed to combine it in the fairly impressive piece of work.
Seele (SEELE) tries to achieve a true balance between scalability, efficiency, and security. According to its creators, a path to that balance lies in the improvement of its neural consensus algorithm, Heterogenous forest network, and a Value Transport Protocol. All of this will allow for quicker and more secure transactions, allowing to increase transaction rates there. With more Seele coins flowing and crosschain being a possibility, it would make crypto trading a much livelier affair, streamlining the process.
Seele is powered by the improved Proof-of-Work algorithm, called Matrix-Proof-of-Work. It ensures that ASIC and GPUs will not dominate the mining field, while also making sure that miners will require to solve even harder tasks in order to get their rewards. When miners provide computing power, they receive their just rewards in accordance with the amount of work they’ve done for the network.
Seele had a truly spectacular opening at the beginning, but, sadly, it never quite reached this height ever since. A strange thing: while the peak of a Seele coin’s price was at its launch in June 2018, with $0,281252, the highest market cap was achieved in November 2019, with more than $118 million dollars. After that, both values continued to decline, though now there is some positive trend in the Seele (SEELE) for possible price growth, though it is uncertain if it will continue further.
Seele (SEELE) Technical Analysis
While there is no all-encompassing technical analysis for Seele coin, there are some materials that you may find useful. This here is the market projection on STEELE/USD made by TradingView. Let’s take a closer look.
While the monthly projection reads neutral, a lot of short-term ones show that it is better to sell SEELE/USD instead of buying it, at least in the nearest future.
Now, let’s take a look at what other analytics say about the future of Seele: would it rise, would it flop, or would it be better off just to forget about it? Well, according to the TradingBeasts, Seele will fall in the short-term, but in the long-term, it will rise for up to $0.17 per coin in the next three years, marking an impressive 200% of growth.
#2. Seele Price Prediction for 2020-2025 by Wallet Investor
Wallet Investor agrees with TradingBeasts regarding the growth of the Seele coin. By their prognosis, Seele will reach up a $0.20 in a year, and a whopping $0.69 in five years. This is a really high rate of growth, almost more than 10 times the current value! Not too shabby for a coin!
#3. Digital Coin SEELE Price Prediction for 2020-2025
Of a similar mind to the two previous positions on our list is Digital Coin. Its team forecasts that not only Seele would enjoy long-term growth (for up to $0.394 per coin in five years!) but this trend will start out in a relatively short time, with its price rising up to $0,09 in a month. Once again, it is a good rise for relatively small crypto.
#4. Seele Price Prediction by Gov Capital
And, as a final prediction, we look at Gov Capital to show us the way. And, as it happens, they also seem to share the optimistic view of the Seele coin’s future, with it growing for almost 200% in just one year, up to $0,153, and up to $0,581 in 5 years. This seems in line with other predictions so far, and it seems like a good sign for SEELE owners and those who want just to dabble.
With that, it is time to conclude our analysis of Seele coin and its perspectives. From what we can see, while right now Seele isn’t the most popular crypto among users, it has a lot of potential. The common line coming across all of the predictions is that they all believe that SEELE will rise in the long-term. And some even think the same about the short-term. So, all in all, it is in good condition despite its recent fall, but whether or not Seele coin will reach big players remains unclear.