If you are thinking about investing in cryptocurrency, make sure you understand what project you are going to invest in and whether it can be profitable in the short- or long term. Also, you need to be sure that you know where you can LTC to BTC convert with the best terms, safely, and without hassle. Also, you need to know what to expect from the coin you are going to invest in.
Now, many people say that it is time to invest in less-known coins. Those coins aren’t too expensive, and everybody can try to benefit from the bullish price movement. DREP is one of such coins. While previous forecasts have been proven to be too pessimistic, and the coin has reached much higher levels as it was expected, the future might bear more nice surprises for DREP investors.
What Is DREP?
DREP is a project powered by its native cryptocurrency. It is a blockchain connector and a gamification toolset. The project allows one-click deployment of Dapps on public blockchains.
While the project looks quite promising, the DREP price has been fluctuating within the range of 1 USD without moving above the mentioned value. Many experts explain it with the fact that the blockchain industry is still in its infancy stage. So, for DREP, there is not much real-world application for now. However, with the development of the blockchain technology, the coin price is expected to grow.
Let us check the DREP forecast for the next decade.
DREP Price Forecast 2021 – 2030
DREP might be preparing surprises for investors. While just one year ago, specialists forecasted an increase of the DREP value to up to 0.003 USD by September 2021, we can already observe the growth to almost 0.7 USD. With the speedy blockchain technology development and adoption, the value of such projects is expected to grow exponentially. So, even our forecast might be pretty modest compared to the values the coin might achieve within the next decade.
2021 isn’t going to bring anything new for the coin whose value will be fluctuating between 0.05 and 1 USD.
Only by February 2022, the coin might cross the level of 1 USD. And in April of the same year, the value is going to skyrocket to the mark of 2 USD. Further, a correction period is expected that will bring the coin to the level of 1.5 USD with some surges to 1.9 USD. However, the previous level of 2 USD per DREP will be achieved only at the end of 2022.
Until April 2023, the coin price will be fluctuating within the range of 2.3 and 3 USD, and in April, it will finally cross the mark of 3 USD per one DREP.
2024 will be marked by the crypto value increase to up to 4 US dollars. In April 2024, the crypto is expected to reach the mark of 5 USD. The bullish movement with drastic fluctuations will continue until January 2025 when the next level of 6 USD will be passed. In March 2025, the crypto value will move to 7 USD, and in April, it will approach the level of 8 US dollars per one crypto coin. With it, the bullish trend will slow down.
Only in December 2025, the cryptocurrency value will finally reach 8 USD. The bullish movement will start again. By the end of 2030, the coin might climb to 15 USD per one coin or even more.
One thing is clear: with the increasing adoption of blockchain, the DREP price will be growing. We can see it right now, and the investment in DREP might be a wise thing to do.