Trading activity on decentralized exchanges is at its highest point in more than a year despite our bear market and the fact that cryptocurrency prices have largely been drifting sideways all week.
What Is THE Protocol?
ETH co-creator Vitalik Buterin made a joke on Twitter about the possibility of creating a new Ethereum-based cryptocurrency, and its value has skyrocketed.
Buterin suggested last week on Twitter that someone start a project named “THE Protocol” to capitalize on how frequently the term “the” is used. Buterin’s tweet quickly turned into reality when a mysterious development team created a cryptocurrency asset named THE Protocol (THE) a short while afterward.
THE’s price has increased by 119,118% from October 17, moving from $0.0000384 to $0.04578 in a matter of hours.
According to DeFi data aggregate DEXTools, THE has subsequently steadied and is trading at $0.015 at the time of writing.
Crypto Academy THE Protocol Price Prediction
THE Protocol was launched on October 14, 2022, and immediately after, it skyrocketed to a price of $0.04578 because of Vitalik Buterin’s tweet. Based on the coin’s potential, we came up with the following predictions for the next five years.
Crypto Academy THE Protocol Price Prediction 2022
THE Protocol is currently trading at $0.015. We predict that THE might increase by the end of the year and eventually reach a price of $0.028, followed by a minimum of $0.009 and an average price of $0.019.
Crypto Academy THE Protocol Price Prediction 2023
By 2023, we predict that THE Protocol might start the year on a good note and trade at $0.037. By the end of the year, THE could reach a maximum price of $0.094 and an average price of $0.076.
Crypto Academy THE Protocol Price Prediction 2024
We at Crypto Academy suggest that THE Protocol might reach a maximum price of $0.183 by the end of 2024. This year’s minimum and average price might range between $0.0094 and $0.11.
Crypto Academy THE Protocol Price Prediction 2025
By the end of 2025, we predict that THE Protocol might reach a maximum price of $0.39, it reaches a new ATH and might be followed by a minimum price of $0.18 and an average price of $0.29.
Crypto Academy THE Protocol Price Prediction 2026
We are really bullish on the price of THE Protocol by 2026. Therefore, we predict that THE might reach a maximum price of $0.67 by the end of the year, followed by a minimum price of $0.31 and an average price of $0.49.
How To Buy THE Protocol?
THE Protocol is currently listed in nine cryptocurrency exchanges, which you can find on CoinMarketCap under “MARKETS.”
This article will show you how to buy THE in the Hotbit exchange.
Step 1: Open An Account
The first step you need to take is similar to every other exchange. You need to open an account by providing your email address and a strong password.
After successfully opening an account, you must verify it in order to continue making transactions on the platform.
Step 2: Deposit Funds
The next step is to deposit funds into your account by choosing the type of assets you intend to deposit into your account.
Step 3: Purchase THE Protocol
After successfully completing the first two steps, now it is time to buy THE Protocol. You can simply choose the amount of THE coins you want to purchase and press BUY.
Takeaways
- ETH co-creator Vitalik Buterin made a joke on Twitter about the possibility of creating a new Ethereum-based cryptocurrency.
- Buterin’s tweet quickly turned into reality when a mysterious development team created a cryptocurrency asset named THE Protocol (THE).
- THE Protocol was launched on October 14, 2022, and immediately after, it skyrocketed to a price of $0.04578.
- Currently, THE Protocol is trading at $0.015.
- By 2026, THE is expected to reach a price of $0.67.
Disclaimer: The information provided on this page is most accurate to the best of our knowledge; however, subject to change due to various market factors. Crypto-Academy encourages our readers to learn more about market factors and risks involved before making investment decisions.