TomoChain is an innovative scalability solution for Ethereum blockchain and other blockchains. TomoChain has a 150-Masternodes architecture with a Proof of Stake Voting (POSV) consensus for near-zero fees and 2 second transaction confirmation. Security, stability, and ultimate completion are guaranteed with new methods such as double validation, markup through smart contracts and uniform randomization processes.
Is TomoChain (TOMO) worth the investment? When is the right time to invest in TOMO? Find out the TomoChain price projection for 2020-2025 in our article.
TomoChain (TOMO) Fundamental Value
TomoСhain supports decentralized applications and token releases, built on the instant confirmation, almost zero transactional collection. The central element of the roadmap for adoption are innovative Layer-2 solutions such as TomoX-decentralized exchange protocol, TomoZ- gasless transfer protocol. TomoСhain will support the transfer of tokens on other public chains to TomoChain via its TomoBridge solution. The ecosystem creation program promotes the development of dapps for the long-term growth of the project.
The main feature of the project is public blockchain TomoChain (TOMO). TOMO was originally released as an ERC-20 token. However, it unlocked an independent protocol after the release of the main network on December 14, 2018 which integrates the Masternode design for scalability, and supports Ethereum smart-contract for cross-chain compatibility.
The system consists of 150 masternodes with Proof of Stake Voting (PoSV) consensus. This way, there are almost zero network fees. Transactions confirmation takes about 2 seconds. TomoChain supports all EMV-compatible smart-contracts, protocols and atomic cross-chain token transfer. The network can process about 2,000-5,000 transactions per second.
What can TomoChain solve?
Low transaction time
High transaction fees
TomoChain has the Masternode architecture. This means that token holders can deposit 50k TOMO tokens to become a Masternode candidate. The highest voted candidates are selected as masternodes for block creation within an epoch. Epoch is a 900-block period of 2-second block. Stakers who voted for masternodes are also rewarded. The decentralized network also features multiple innovative second-layer protocols that add values to the ecosystem such as TomoZ, TomoX, and most recent release TomoP’s private transfer protocol.
Main features of TomoChain:
Cheap Transactions (1/1000 of Ethereum network fee)
March 1st, 2018, the price of one token on ICO was $0.25. The first price peak was fixed on May 04, 2018. The price was $2.16. Then the price began to fall until TOMO was listed on the Binance Exchange as it peaked at $0.749 on August 25th 2019.
TomoChain marked its one-year mainnet launch anniversary on December 14th, 2019 with impressive achievements in blockchain performance, product development, listings, and ecosystem expansion. It affected the coin price, as it went up from $0.34 on Dec 14th to $0.728 on Dec 25th.
Currently, the price of one TOMO coin is $0.466901
TomoChain (TOMO) Technical Analysis
There is actually no technical analysis for the TomoChain cryptocurrency. However, here is the aggregate rating for TOMO from several traders & analysts on TradingView.
TomoChain (TOMO) Price Prediction for 2020-2025
Here are all the possible scenarios for TomoChain cryptocurrency in 2020 and further.
#1. Trading Beasts TomoChain (TOMO) Price Prediction for 2020-2022
TomoChain price was forecasted to reach $0.5778074 by the beginning of February 2020. TomoChain price is forecasted to reach $0.5468481 by the beginning of July 2020. By the end of the year, the price of one TOMO is forecasted to be $0.5695. TOMO has exceeded the expectation with the current price of $0.611824. In 2021, the coin price may be around $0.67. In 2022, the TOMO price will go up to $0.7924.
#2. CryptoGround TOMO Price Forecast for the Next Five Years
Based on available data, it can be predicted that it is profitable to invest in TomoChain (TOMO) for the long term. By long-term, CryptoGround means the TomoChain forecast for a period of 5+ years. The price of TomoChain (TOMO) after 5 years (from today) will be around $1.9179. The technical analysis that uses the platform’s algorithm says that the price of TomoChain (TOMO) will not decrease or fall or drop in the long term.
The price of TomoChain (TOMO) in 2022 will be about $1.0496. As per the forecast and the algorithmic analysis, the price of 1 TomoChain (TOMO) will be around $1.9179 in 2025.
#3. TomoChain (TOMO) Price Prediction for 2020-2025 by Wallet Investor
TOMO is a bad long-term (1-year) investment. The price of TomoChain may drop from 0.460 USD to 0.338 USD. The change will be -26.511%. According to present data TomoChain (TOMO) and potentially its market environment has been in a bullish cycle in the last 12 months. The price in 2021 may slightly change, rising up to $0.736. In 2022, TOMO price will go up to $0.920. In 2023, TomoChain coin price will be around $1.380. In 2025, the TomoChain rate will change to $2.3.
#4. Crypto-Rating TOMO Price Forecast for 2020
TomoChain price will be at $0.783853 in 1 month. The highest possible predicted price in the 180 day period is $0.711108 and the lowest possible predicted price is $0.536623.
TomoChain (TOMO) Price Prediction by Changelly
All we can tell about TomoChain price forecast is that its prospects are pretty good. The price of the TOMO cryptocurrency will definitely go up as the team continues to develop the project. The probability of its price reaching $0.7 in the future is quite high.
TomoСhain is formed as a network of block connections that support its ability to make extremely fast transactions at virtually zero transaction costs. This will be an ideal solution for distribution, publication, and integration of tokens for various applications and enterprises.
Moreover, TomoChain is a good landing platform for all crypto newcomers.
Buy TOMO on Changelly with USD, EURO or GBP
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.