XYO (XY Oracle Network) is a Proof-of-Origin cryptographic location network that supports privacy and safety by decentralizing location data and providing a trustless, cryptographic location network. XYO coin price changes in recent days show an upward trend, but before making any investment decisions, we need to explore XYO Coin price prediction data to see if it’s a good investment.
What Is XYO?
XYO is a decentralized network that leverages geospatial data to verify location information. Its goal is to create a trustless system for location data, eliminating the need for centralized systems that jeopardize our safety and privacy.
This project aims to transform industries that rely on accurate, real-time data, such as supply chain management, e-commerce, and transportation, by providing special features.
XYO Features
The XYO network consists of four main components, each playing a key role in providing reliable geospatial data.
Sentinel
The Sentinels in the XYO network are data collectors that gather and verify real-world information such as location data. These devices interact with the physical world and produce signals for the network to process.
Archivist
Archivists store all the data collected by Sentinels, are responsible for ensuring that historical data is accessible in the network, and have a part in verifying the authenticity of past transactions.
Diviner
Diviners are responsible for answering queries using data from Sentinels and Archivists. They make decisions based on the information they receive and ensure the accuracy of data used in smart contracts.
Bridge
The Bridge connects Sentinels with Diviners. It relays verified information between the physical world and the blockchain, confirming data integrity throughout the network.
These features positively affect the performance and adoption of the XYO network. However, the performance of this network’s native coin, the XYO token, also affects its popularity.
What Is XYO Coin?
The XYO coin (or XYO token) is the native cryptocurrency of the XYO network. It is used to incentivize network participants to contribute to data collection, verification, and analysis.
XYO tokens can be earned by running nodes, validating data, and providing accurate geospatial data services. Since their release, these tokens have seen significant price fluctuations.
XYO Price History
Since its inception, XYO has experienced notable volatility, reflecting general market trends and project-specific developments.
Its price spiked during the 2021 crypto bull run but has seen significant corrections since. XYO tokens were released on Jun 12, 2018, with a price of about $0.00449240.
The token’s price experienced minor changes and a downtrend until 2020, when, on March 13, 2020, each XYO fell to its all-time low of $0.00009672.
However, its upward trend started since then, and the token reached $0.04540634 on September 12, 2021. The uptrend continued until November 06, 2021, when each XYO reached its all-time high of $0.08139.
Since its ATH, the token has been experiencing a downward trend with minor fluctuations. Today, on September 23, 2024, each XYO coin is traded at $0.004678.
To decide if XYO is a good investment, we need to analyze its financial and fundamental performance, as well as XYO price prediction data.
XYO Financial Analysis
In addition to the token’s price performance, we need its tokenomics, ROI, and market cap data to determine if it has growth potential.
XYO Tokenomics
The total supply of XYO tokens is capped at 13.9 billion, with over 12.8 billion in circulation as of now (Sep 2024). XYO’s tokenomics focus on rewarding participants for their contributions to the decentralized network.
The supply is finite, which could help drive demand in the long term, especially if the network gains widespread adoption.
Retuen on Investment (ROI)
XYO’s return on investment (ROI) is highly dependent on its price history. The token’s one-year ROI is +59.25%, meaning that if you invested $100 in this token a year ago, you would have about $159 now.
However, the token’s all-time ROI is -37.54%, meaning that if you invested $100 in this project when it was released in 2018, you would lose about $37.
Market Cap
XYO’s market capitalization reached $1 billion at its peak in 2021, driven by investor interest and market hype. Now, as of September 2024, its market cap is in the mid-to-lower range of the cryptocurrency market, reflecting its niche use case but notable future potential.
ATL and ATH
- ATH: $0.082 in November 2021
- ATL: $0.000096 in March 2020
XYO Fundamental Analysis
Fundamental analysis includes details about a crypto project’s team, popularity, and investors, which help users determine whether it is reliable and trustworthy.
Team
XYO was founded by Arie Trouw, a technology entrepreneur with extensive experience in data technology and blockchain. Other prominent team members are Markus Levin and Scott Scheper.
The XYO team is composed of blockchain experts, developers, and data scientists who are working to expand the use cases of geospatial data.
Popularity
Due to its unique vision and use case, XYO has built a dedicated community of supporters. It has gained attention from developers and businesses interested in decentralized data and location verification solutions.
Investors
XYO has received backing from both institutional and retail investors. The project has raised capital through ICOs and partnerships, helping to fund development and network expansion.
Now that we know the basics about the XYO network, we should analyze XYO price prediction data to see what crypto market experts think about this project’s future.
XYO Price Prediction 2025 – 2030 At A Glance
By 2025 and 2030, XYO’s price will largely depend on network adoption and the overall cryptocurrency market. Analysts believe the growing need for accurate, decentralized data could significantly increase demand for XYO tokens in the coming years.
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $0.0075 | $0.0077 | $0.0090 |
| 2026 | $0.0110 | $0.0113 | $0.0130 |
| 2027 | $0.0159 | $0.0165 | $0.0194 |
| 2028 | $0.0241 | $0.0249 | $0.0278 |
| 2029 | $0.0355 | $0.0365 | $0.0422 |
| 2030 | $0.0482 | $0.0500 | $0.0590 |
XYO Price Prediction 2024
2024 XYO price prediction data shows moderate growth, reaching $0.0057 at a maximum if its positive trend of recent days continues. The overall market conditions will also play a key role in determining the price by the end of this year.
XYO Price Prediction 2025
The XYO price prediction for 2025 shows that the token can be traded at a minimum of $0.0075. Its average and maximum prices are predicted to reach $0.0077 and $0.0090, respectively.
XYO Price Prediction 2030
Crypto market experts predict that each XYO token has the potential to reach a minimum of $0.0482. It can spike to a maximum of $0.0590 and an average trading price of $0.0500 in 2030.
So, based on this information, can we say XYO is a good investment?
Is XYO Coin a Good Investment?
The short answer is that XYO is less likely to skyrocket in the short term. However, XYO has the potential to be a good investment for those who believe in its long-term use case.
Its focus on decentralized location data addresses real-world needs, particularly in supply chain and logistics. However, like any small-cap cryptocurrency, it carries risk due to market volatility and competition.
You should consider your risk tolerance and long-term goals before investing in XYO.
FAQ
Let’s find answers to the most frequently asked questions about XYO price prediction.
How Much Will XYO Be Worth?
Experts predict XYO could be worth between $0.0075 and $0.0090 by 2025 and up to $0.0590 by 2030, depending on adoption rates and technological advancements.
Is XYO A Real Coin?
Yes, XYO is a legitimate cryptocurrency with a real use case in providing decentralized geospatial data. It is traded on multiple cryptocurrency exchanges and powers the XYO Network.
Is XYO Being Listed on Binance?
Currently, XYO is not listed on Binance. However, it is available on several other major exchanges, such as Coinbase and KuCoin. If the project continues to grow in popularity, Binance may list XYO in the future.
