Blockchain technology and non-fungible token (NFT) have the potential to disrupt the traditional financial and banking system. Cryptocurrency utilizes these technologies to gain more popularity. At the same time, the video gaming industry has introduced NFT and blockchain technology to the public and has increased the number of users of this technology in several ways. Elemon is one of these NFT and blockchain technologies that provide a decentralized payment network.
In this article, we will go through the fundamental analysis of Elemon (ELMON), how it works, what it aims to do, and market price analysis to know its price value and worth. This article will provide you with all the essential information about ELMON, the market price prediction, and our price prediction based on existing ELMON records. In the end, this article tends to guide you through the process of purchasing Elemon (ELMON).
Elemon (ELMON) Fundamental Analysis
ELMON has combined NFT and blockchain technology to create unique and innovative digital features. It is a creative gaming project that utilizes blockchain technology and integrates with NFT or new generation IDLE RPG, enabling players a thrill of gaming and a source of investment that helps them earn a high income.
ELMON is a financial decentralized payment network hosted on Binance Smart Chain (BSC) that allows users to effectively develop and build their decentralized applications (DApp). ELMON is an Elemon token founded by Ky Cahn and Chung Nguyen. There is a total ELMON token supply of 2,000,000,000. These ELMON tokens are used for farming points that users can use for NFT redemption. At the same time, these Elmon tokens serve as a payment currency in the NFT market.
ELMON aims to make blockchain technology accessible for the general public by tokenizing digital creatures, a play-to-earn concept.
ELMON has various investors and advisors who work together to improve quality and overcome multiple challenges. Some of them are:
- Basics Capital
- 590 Ventures
- Crypto Nation
- KARDIA Ventures
- KIS blockchain capitals
- Coin Market Cap
Elemon (ELMON) Market Price Analysis
The data records suggest that the all-time high price of ELMON is $3.34, whereas the all-time low is around $0.66.
It suggests that ELMON is having a hard time as the recent price records indicate an overall decline in the price.
With this price and a circulating supply of 29.8 million ELMON, the market cap is around $23 million. The fully diluted market cap is around $1.45 billion.
Crypto Academy Elemon (ELMON) Price Prediction 2022
|Months||Minimum Price||Average Price||Maximum Price|
Elemon (ELMON) Price Prediction January 2022: In January 2022, the minimum price of ELMON is expected to be $0.50, with a maximum price of roughly $1. The average cost is estimated to be $0.75.
Elemon (ELMON) Price Forecast February 2022: The highest possible price for ELMON in February 2022 is $1.12, while the lowest possible price is $0.67. It’s possible that the average price will be $0.88.
Elemon (ELMON) Price Prediction March 2022: The price of ELMON is expected to reach a top of $1.21 in March 2022, with a low of $0.88. It’s possible that the average price will be about $1.
Elemon (ELMON) Price Forecast April 2022: In April 2022, the highest price for ELMON could be about $1.47, while the lowest could be around $1.11. Around $1.28 is expected to be the average trading price.
Elemon (ELMON) Price Prediction May 2022: ELMON might reach a high of $1.65 in May 2022. The cheapest price is likely to be around $1.32, with an average price of $1.45.
Elemon (ELMON) Price Forecast June 2022: In June 2022, ELMON could hit a high of $1.33 and a low of $1.17. The average cost is estimated to be $1.24.
Elemon (ELMON) Price Prediction July 2022: ELMON might reach a high of $1.20 in July of this year, with a low of about $1.09. It’s possible that the average price is $1.09.
Elemon (ELMON) Price Forecast August 2022: ELMON might reach a high of $1.83 in August, while the minimum price could be $1.24. It’s expected that the average price will be around $1.67.
Elemon (ELMON) Price Prediction September 2022: ELMON might reach a high of $2.35 in September, while its low point could be around $1.77. The price might be $2.02 on average.
Elemon (ELMON) Price Forecast October 2022: The price of ELMON might reach a high of $2.97 in October 2022, with a low of about $2.12. ELMON is likely to cost approximately $2.75 on average.
Elemon (ELMON) Price Prediction November 2022: ELMON is expected to hit a high of $4.25 in November 2022. The cheapest price is likely to be around $2.98. The average cost is expected to be around $3.80.
Elemon (ELMON) Price Forecast December 2022: Finally, ELMON is expected to achieve a price of around $5 in December, with the lowest price being around $3.77. It’s possible that the average trade price will be about $4.54.
Elemon (ELMON) Price Prediction 2022 Q1
In the first quarter of 2022, the price of ELMON is predicted to have a correction and grow at a steady pace. The price could go as high as $1.21 by the end of the quarter, considering the fact that they plan to launch the PVP battles, the quest system, and release Elemon v2.
Elemon (ELMON) Price Prediction 2022 Q2
In the second quarter, we could see ELMON keep increasing in the same manner and reach as high as $1.65 in May. Nonetheless, the price could start declining after that in order for indicators to stabilize and create more room for growth for ELMON.
Elemon (ELMON) Price Prediction 2022 Q3
The third quarter could see the price decline initially, where it may go as low as $1.17. Nonetheless, after that, the price could rebound and continue its journey upward as the price could aim for $2.35 in September. This comes due to the updates that are set to come in the coming quarters, including Elemon v3, Metaverse Phase 1, etc.
Elemon (ELMON) Price Prediction 2022 Q4
Lastly, ELMON could keep surging upward in the last quarter of the year. The price could reach a new all-time high and may eventually reach a high of $5 in December of 2022. ELMON might end the year on a bullish note.
Crypto Academy Elemon (ELMON) Price Prediction 2023, 2024, 2025, 2026
Elemon (ELMON) Price Prediction 2023
Based on the price trends, ELMON has shown in recent years that in 2023 the average price of ELMON might be between $4.31 to $5.10. While the minimum expected price is $3.56, and the maximum price forecasted is around $6.
Elemon (ELMON) Price Prediction 2024
Price prediction for 2024 indicates that the average price of ELMON might reach $5.39 while the expected maximum price is $5.97 and the estimated minimum price is $5.05.
Elemon (ELMON) Price Prediction 2025
Data indicates that in 2025, the maximum price of ELMON can be $8.21, While the minimum and average price is expected to be $6.20. The lowest price of ELMON in 2025 might be $5.52.
Elemon (ELMON) Price Prediction 2026
Data analysis reveals that the NFT based token can reach as high as $15 by the end of 2026. However, it is also expected to hit at least $8 in the same year. Considering the total supply of 2 billion ELMON, the price could reach a market cap of $30 billion by 2026.
Elemon (ELMON) Market Price Prediction
Elmon is a digital currency, the price value of which fluctuates throughout the year. As the trend of cryptocurrency is increasing, it’s important to understand the price trends of coins. Experts out there give price predictions of coins to make it easy for people to understand the expected future trends of coins. Here is the market price prediction of Elemon (ELMON).
Using the historical records and wit of technical analysts, Wallet Investor has predicted the long-term increase in the price of ELMON tokens. The data indicates that by the end of 2022, the cost of ELMON would increase up to $4, and it can even touch the price of $5. While the price prediction indicates that 2023 would also be a good year for ELMON, prices are expected to increase from $7 to $8. A positive trend is also expected in upcoming years that can grow up to $16 until the end of 2026.
As data shows a bullish market trend. The Wallet Investor price prediction expects that ELMON has positive long-term potential, and it might reach+267.35% in one year. Since ELMON has a positive outlook, it might be a profitable investment.
According to the data of Price, Prediction.net ELMON can reach the price of $2.32 by the end of 2022, and the average trading price in the year 2022 might be $1.96. Price Prediction.net has given the prediction of almost ten years. That estimated price predicts that the value of ELMON might increase with a noticeable positive trend and market value.
In 2029, the maximum and minimum price of ELMON predicted by Price Prediction.net is $22 and $27, respectively. However, it is forecasted that the maximum price of ELMON in 2030 could be $39. These predictions show an expected bullish cycle. They forecast that this trend of prices exhibits a bright future for ELMON that makes ELMON a profitable investment.
Price prediction of ELMON Token given by Coinskid.com predicts that the end of 2022 maximum price could be $3.27 while the estimated average price is $2.87. It further predicts the costs of ELMON in the next four years, which shows a gradual and noticeable increase in the prices.
How to Buy ELMON Token
The best way to buy an ELMON token is to play the game and earn it by completing the missions. The other way to buy an ELMON token is to purchase it from the exchange market. The ELMON token cannot be purchased with fiat money, but it can easily be bought by first buying USDT, Ethereum (ETH), Binance (BNB), or bitcoin (BTC) and then trading it with ELMON token. Here are the steps to purchase an ELMON token.
Step 1: Register on exchange
First, you need to register on fiat-to-crypto exchange. The best exchange for trading ELMON is PanCakeSwap, DODO BSC, and Binance. All of them have their fee policies which one must go through to check what is best for him.
Step 2: Buy USDT funds
After completing the KYC process, buy any cryptocurrencies directly purchased by fiat money. In this case, we will consider USDT. You have to add your payment method, either credit/debit card or bank account transfer. In the case of bank account transfer, it would be cheaper for you, while the use of credit/debit is comparatively expensive. However, bank account transfers are more affordable but slower depending on residency and country policies.
Step 3: Register on altcoin exchange
The next step is to transfer USDT to altcoin since ELMON is an altcoin. For this step, you have to transfer USDT to any exchange like PancakeSwap, Coinbase, etc. Here, you have to fill in 2FA authentication to secure the account.
Step 4: Fund cryptocurrency
In this step, you have to deposit USDT to exchange for trading. You have to go through the KYC once again, depending on the policies of the exchange. After this, you will have full access to your exchange wallet. You have to enter a USDT address that is a unique USDT wallet address. After filling up all the required credentials, click on send to proceed, on which you will instantly get the confirmation Email, and the amount will be deposited in your exchange wallet.
Step 5: Buy ELMON
Now, to trade ELMON, you have to choose a pair. In this case, the pair would be ELMON/USDT. There would be an option to buy ELMON. Inside the box, there would be a Market tab. Choose that to know the buying orders. You can also mention the amount you want to deposit to trade ELMON. After finalizing it click on the Buy ELMON button to trade ELMON.
Frequently Asked Questions
Can I Buy ELMON With Cash?
No, you can’t buy ELMON with cash. There’s no direct way to buy ELMON. However, you can use marketplaces and fiat-to-crypto exchanges to buy the ELMON. Some are Pancakeswap, MEXC, Local Bitcoins to buy USDT, or any other cryptocurrency you can trade ELMON with.
How High can ELMON Go?
Considering the prediction of five years given by various technical analysts, it is predicted that within five years, ELMON can go up to $9.79.
What would be the Price of ELMON in 2030?
It is predicted that the price of ELMON by 2030 would be a maximum of $39.59 and a minimum of $35.52.
Is ELMON a Good Investment?
Based on the price analysis and price prediction, it is expected that ELMON has a potential for growth in price that makes it a profitable investment.
Will ELMON Reach $100?
The records suggest that Market Capitalization is low, and the price of ELMON can be very volatile compared to other cryptocurrencies. However, the ELMON token has shown steady growth despite ups and downs. It has growth potential, and it is expected that the prices might increase at a decent speed. It is predicted that it seems to be a profitable investment in the long term.
However, it is not expected that ELMON would reach $100 soon or within a year. It is predicted that in five to seven years it might reach half of $100. Considering all the records and price predictions given by technical analysts, it’s not expected that the price of ELMON would reach $100 any soon.
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- ELMON is a token from ELEMON that integrates NFT gaming and blockchain technology to produce a decentralized financial system.
- Elemon was founded by Ky Cahn and Chung Nguyen.
- ELMON is a financial decentralized payment network hosted on Binance Smart Chain (BSC) that allows users to effectively develop and build their decentralized applications (DApp).
- ELMON aims to make blockchain technology accessible for the general public by tokenizing digital creatures, a play-to-earn concept.
- It is expected to have an increase in prices for the long term. It is likely that by the end of 2022, the average cost of ELMON can reach $5
- ELMON could reach as high as $15 in the next five years.
- Overall, ELMON is considered a good investment.