The crypto sphere is growing exponentially and currently boasts over 17,000 projects, with several others coming up daily. Tectonic is one of the new blockchain projects with prospects in the digital economy. Investors and traders are already asking questions about the reliability of the Tectonic network, and we attempt to answer them.
What’s on the horizon for TONIC? Tectonic is a cross-chain money market at the heart of Cosmos and Ethereum, empowering users to earn passive yields on their Cosmos and Ethereum-based assets and to get access to instant crypto-backed loans. There were complaints about their DeFi wallets being “reorganized” but all’s well that ends well with staking and DeFi as long as there’s a payout.
Overall, we’ve heard that Tectonic has a small community that can be easily manipulated and bullied into toeing the project line. If a project is new and doesn’t have a big active community, then in general as the project grows the community score will increase. We’re not buying into any of that but will rely on data as we gather them from resources.
We will examine the Tectonic network, its native token, past price analysis, developments, and price predictions for the coming years.
Today’s Tectonic price today is $1.36e-7 with a 24-hour trading volume of $118,837. Tectonic is down 5.82% in the last 24 hours. The current CoinMarketCap ranking is #3785, with a live market cap of not available. The circulating supply is not available, and a max. supply of 500,000,000,000,000 TONIC coins.
What is Tectonic?
Tectonic is an algorithmic-based decentralized non-custodial money market protocol that allows users to access instant loans as liquidity borrowers or earn passive yield by supplying assets. The architecture and design of the Tectonic protocol are based on the Cronos blockchain technology, making it interoperable with the ATOM and ETH blockchains. The Tectonic platform launched in late 2021, and it shares similarities with popular Decentralized Finance (DeFi) platforms.
The Tectonic protocol aims to provide users with seamless and secure digital currency money market functionalities. Tectonic users can borrow liquidity from the market by providing collateral that exceeds the value of the borrowed asset. They can also provide liquidity to generate passive income. The returns on assets deposited by Tectonic liquidity providers are based on dynamic rates dictated by market demands.
Tectonic’s benefits include:
- Users can access other cryptocurrencies for ICOs or bonding without liquidating their original coins.
- Traders can take crypto loans for short-term trading or farming opportunities.
- TONIC holders can earn interest by providing assets to the Tectonic protocol without actively managing their assets.
According to the Tectonic roadmap, it will add more tokens in Q1 2022 to significantly increase the list of tokens supported for borrowing and lending. Cosmos-based assets and other top-priority EVM-compatible assets will make up the list.
What is $TONIC?
The native token of the Tectonic protocol is $TONIC, and it powers the ecosystem’s incentive program. TONIC has a total supply of 500 trillion tokens. The somewhat ridiculous supply of the token has generated skepticism among potential investors. However, the development team has reiterated its asset’s good spread.
Since the launch of the Tectonic project, TONIC’s market price has seen significant growth because of the development of the network. The Tectonic project has garnered interest from stakeholders in the crypto space and was recently onboarded by the cross-chain DeFi dashboard, Ape Board, because of its value. VVS Finance is another protocol that supports the Tectonic platform. In addition, the surges and growing interests in TONIC are also due to the network’s substantial token giveaways.
Native token distribution
According to Tectonic tokenomics, 23 percent of TONIC’s supply is allocated to the protocol team. This allocation has a vesting period of 4 years and a daily release clause. Also, the project development team has earmarked 13 percent or 52.5 trillion tokens for ecosystem-related initiatives, partnership development projects, advisory teams, etc. In this case, there is no stipulated vesting schedule, and the tokens will only be released for activities according to the growth of the Tectonic ecosystem.
Community incentivization gets a whopping 50.9 percent of TONIC’s total supply. Members who partake in community activities and protocol operations receive participation incentives, including mining and staking rewards paid out in another equivalent token.
TONIC allocates 0.1 percent of its total supply to airdrops, and the remaining 13 percent is reserved for network security and maintenance, such as security audits, infrastructure upgrades, etc. Security and maintenance allocation also has no vesting schedule and are unlocked upon protocol launch.
Tectonic Price History
According to the historical data obtained from Coinmarketcap, Tectonic (TONIC) got listed on December 23, 2021, with an opening price of $0.000004027 and a trading volume of $7,695,883. TONIC reached its ATH of $0.000004029 on the same day. A few days later, the token experienced a sharp decline in trading volume and price due to massive selloffs and the general plunge in the crypto market.
By January 24, 2022, the price of TONIC had bottomed to its all-time-low (ATL) level at $0.0000004014. Over 30 days, TONIC initially showed a bullish momentum as the coin reached a maximum price of $0.000001903, after which its value began declining.
Its 7-day price movement has been quite bearish, with the token’s price reaching as low as $0.0000008913.
What affects the price of Tectonic?
Just like with any other asset, the price action of Tectonic is driven by supply and demand. These dynamics are influenced by fundamental events such as halvings, regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events.
When making a Tectonic forecast, many traders also try to monitor the activity of TONIC “whales,” entities and individuals controlling large amounts of TONIC. Since the Tectonic market is relatively small compared to traditional markets, “whales” can cause a big stir and influence Tectonic’s price movements.
New Developments In The Tectonic Ecosystem
Tectonic was recently listed on CoinMarketCap and Coingecko. The team prominent this announcement a few hours ago on Twitter.
Another significant development in the Tectonic ecosystem is the partnership with WalletConnect. It is essential to know that WalletConnect allows users to communicate securely between their own choice of wallet with Tectonic.
Tectonic Technical Analysis
TONIC price is in a bearish trend, but there are signs of a brief bearish trend on its price. In the last 24 hours, TONIC has been up by 1.8%, and it seems the bulls are trying to take over. Again, TONIC’s price is stable, and the volatility bands don’t seem to oppose the bulls. Tonic’s RSI looks stable.
Tectonic Price Prediction By Authority Sites
Wallet Investor predicts that Tectonic is a bad investment. They predict the coin will be worth $0.000000011. They expect the coin to devalue in the next 5 years by 97%. Wallet Investor doesn’t recommend Tectonic as a good investment.
Trading Beasts predicts that TONIC is a good investment. They expect the coin to increase by 101.46%. The authority site predicts that the maximum price of the coin would be $0.0000004, while its average price would be $0.0000003 by then.
By 2023, Trading Beasts also expects TONIC to increase by 233.70%. They expect the coin to have a maximum price of $0.0000006 with an average price of $0.0000005 by then.
Trading Beast stated that TONIC will also have a maximum price of $0.0000007, with a minimum price of $0.0000005 by 2024. By then, the coin’s average trading price is expected to be $0.0000006.
Trading Beasts predicts that TONIC will have a maximum price of $0.0000008, with a minimum price of $0.0000005 by 2025. The coin’s average trading price is expected to be $0.0000006.
Digital Coin Price
Digital Coin Price is optimistic about the price of TONIC. They expect the coin to have a maximum price of $0.000000201, with a minimum price of $0.000000174 by 2022. The average price of the coin is expected to be $0.000000186 by that time.
The coin is predicted to have a maximum price of $0.000000225 and a minimum price of $0.000000189 by the end of 2023. The average price of the coin by that time is predicted to be $0.000000204.
By 2027, Digital Coin Price predicts that TONIC will have a maximum price of $0.000000351. The coin’s minimum price is expected to be $0.000000274, while its average price is expected to be $0.000000274.
By 2030, Digital Coin Price predicts that Tectonic will have a maximum price of $0.000000695, with an average price of $0.000000694. The lowest price the coin is expected to have is $0.000000632.
Digital Coin Price predicts that Tectonic will have a maximum price of $0.000000778, with a minimum price of $0.000000703 by 2031. The average trading price of the coin is expected to be $0.000000745.
|Year||Minimum Price||Average Price||Maximum Price|
Tectonic Price Prediction 2022
By 2022, the Tectonic is expected to reach a maximum price of $0.00000038, similar to its previous all-time high. We expect the coin to have an average price of $0.000000035 if everything goes smoothly.
Tectonic Price Prediction 2023
with substantial corporations from financial institutions, we might see TONIC reach a maximum price value of $0.00000059. The lowest price the coin will have is $0.00000049. Its. The average trading price is expected to be $0.00000051.
Tectonic Price Prediction 2024
There are signs that the crypto market might enter a new age. TONIC will soar higher than in previous years since there is still more hope that the cryptocurrency will attract more attention. By 2024, the coin is predicted to have a maximum price of $0.00000086, with a minimum price value of $0.000000072. The average forecast price of the coin is expected to be $$0.00000074.
Tectonic Price Prediction 2025
By 2025, Tectonic’s value will increase due to the efforts of its developers and community investors. Hence, its value is expected to increase and reach a maximum price of $0.00000125. The coin’s average trading price is predicted to be $0.00000107. The lowest price the coin will have is $0.00000104.
Tectonic Price Prediction 2026
With more developments and partnerships in the tectonic ecosystem, we expect TONIC to reach a maximum price of $0.00000182. If the market is being overcome by the bears in 2026, we predict the lowest price the coin will go is $0.00000147. The average trading price of the coin is expected to be $0.00000153.
Tectonic Price Prediction 2027
Volatility controls the market; it is not easy to forecast the long-term price. For long-term predictions, many things come to play, such as crypto restrictions. If the crypto market doesn’t see strict crypto bans, we might see TONIC soar to $0.00000262 maximum. We forecast that TONIC’s lowest price in 2027 is expected to be $0.00000214.
Tectonic Price Prediction 2028
TONIC will be seen as a better option in the crypto market, and with its vast community base, the coin will touch new highs. TONIC is expected to reach a maximum price of $0.00000381. The coin is expected to have an average price of $0.00000316.
Tectonic Price Prediction 2029
We predict the coin could have a maximum price of $0.00000532, with an average trading price of $0.00000459. If there is more adoption and partnerships between other critical blockchain networks, Tectonic prices will soar.
Tectonic Price Prediction 2030
Tectonic Price Prediction 2031
We expect the coin to have a maximum price of $0.00001053. The lowest price the coin will have is $0.00000935. TONIC has tremendous potential.
Tectonic Price Predictions by Industry Influencers
Mr Key Crypto, a youtube channel, suggests Tectonic has a bright future and is one of the best tokens to purchase on the Kronos blockchain.
“$TONIC is reporting 0 APY for yesterday. the devs will address this as usual hopefully and boost the APY to mitigate and lose staking rewards like last time.” Comments a trader on Coinmarketcap.
Tectonic has generally performed poorly since inception. Its low market cap and the high total supply of 500T have pushed very low prices away from the eyes of investors. Tectonic offers high staking interest for its crypto community. However, it has received backlash after registering 0 APY for some days and its falling price.
Since its beginning, Tectonic has had a dismal track record. Due to its small market capitalization and a large total supply of 500 trillion TONIC coins, investors have shied away from very low prices. Tectonic promises a high staking interest for its crypto community, but it has faced criticism after reporting 0 APY for a few days and seeing its price decline.
Due to its many uses-cases, relevance, and potential, Tectonic is a good investment. To be clear, these forecasts are not essential in making an investment decision. It is also good to do your research before investing in any cryptocurrency, including Tectonic.
If the present crypto market downturn fades and the Tectonic protocol implements activities to boost TONIC token demand, the token’s price might skyrocket. Tonic’s price will rise in the future if it delivers value to its customers and improves its performance; else, the coin will fall.
TONIC is one of the most affordable tokens to purchase, with over one billion tokens available for less than $200 at current market values. However, this is not a guarantee that TONIC will greatly gain value, and investors should proceed with care.
In the future, the price of Tonic will grow given it provides utility for its users and ups its performance; otherwise, the coin will crash.