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With the purpose of evaluating projects that could give great profitability, we are reviewing projects that could be considered gems due to their low market capital, competitive advantages and technical analysis that is why today we bring you all the most relevant information about TokoCrypto and its native token TKO.
WHAT IS TOKOCRYPTO - TOKO TOKEN (TKO)?
Tokocrypto is the main cryptocurrency exchange in Indonesia, it has been operating since 2018. It offers a native token which is obtained with the TKO commercial ticket, it should be noted that it offers a hybrid model of token and fractions of CEX shares .
Among the services offered by this platform, the following stand out:
- Token exchange.
- Decentralized finance applications.
- NFT Market.
ADVANTAGES OF TOKOCRYPTO (TKO)
This is a quite remarkable project due to its competitive advantages, which is why it is important to know them to determine if it is worth investing in it:
- Niche market , investors are attracted at this stage of the market in the exchange's native tokens because as more people join the crypto world, they will have the need to enter an exchange to operate. And as the volume in these exchanges increases, what is expected is that the tokens will revalue.
- Strategic partners , the main one is BINANCE which was the pillar for the creation of this project and the development of new services.
- Pairs , it has a large number of pairs on its platform which makes it attractive to users since in this way they can market the project they are looking for.
DISADVANTAGES OF TOKOCRYPTO (TKO)
Like all projects, they also have negative aspects or difficulties that must be overcome in order to
- Competition , because it is an exchange token, it has different competitors, both the native token of the CEX and the DEX, so it is not easy at all. In general, investors will look for the native token of the most well-known exchanges such as FTT from FTX or BNB from Binance.
- Supply, the amount of token is quite large which greatly limits investors because this prevents the price of the token from reaching a very high price. If we compare the amount of token of the other exchanges, the amount of token is not that big. The amount in circulation is 108 million out of a possible maximum of 500 million.
- Marketing , social networks are not as active as other projects in the same sector. Therefore, many investors limit themselves to investing in projects that are not active with their advertising.
TOKOCRYPTO (TKO) PRICE PREDICTION FOR THE COMING YEARS
The predictions that we present to you in this section were extracted from portals that specialize in estimating the price of various assets for the coming years. Said estimates are made by these portals with the use of algorithms, but it is important to note that they only take into account certain market factors, therefore these prices should only be taken as a reference since they are not exact.
Digital Coin Price
(https://digitalcoinprice.com/forecast/tokocrypto)
- End of 2021: $ 2.14
- 2022: $ 2.52
- 2023: USD 2.94
- 2024: $ 3.9
- 2025: $ 4.24
- 2026: $ 4.95
- 2027: $ 5.82
- 2028: USD 6.5
Wallet Investor (https://walletinvestor.com/forecast/tokocrypto-prediction)
- 2022: $ 3.71
- 2023: $ 5.71
- 2024: $ 8.03
- 2025: USD 10.33
- 2026: USD 12.65
WHERE CAN I BUY THE NATIVE TOKEN FOR THIS PROJECT?
This toke can be found in various exchanges, among which we can highlight the following:
- Binance.
- OpenOcean.
- Gate.
- Hoo.
IS TOKOCRYPTO (TKO) WORTH INVESTING IN?
The information that we provide you should only be considered educational, since the decision to invest in this asset or not is not your responsibility.
The tokens of the exchange platforms have managed to revalue in recent months due to the fact that they are useful and discounts are obtained when operating in them, which is why it is expected that they will continue to present a revaluation for the coming years and because Tokocrypto is a high volume exchange can grow a lot. Therefore we must consider it when forming our portfolio and dedicate a small participation to it.
