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Alchemix Price Prediction

9 hours ago by Anna Key

 Alchemix Price Prediction

  • The highest Alchemix price prediction in 2021 is $566.35
  • The lowest expected Alchemix price is $292.97
  • Analysts' Alchemix price prediction ranges from $323.81 to $333.06

Alchemix is a DeFi lending platform built on the Ethereum blockchain. Loans on the platform repay themselves automatically over a certain period of time. Loans are backed up by synthetic tokens that make up your future yield value. Earned yield from your collateral is used for repaying your advance. 

Read the latest Alchemix news

Alchemix Technical Analysis

Currently, Alchemix is ranked #270 on Coinmarketcap with a market cap of $332,847,814.
On Coingecko Alchemix is ranked #254. 

Alchemix can be traded on the following platforms: Binance, CoinBase, UniSwap, etc. 

  • Cryptocurrency Name: Alchemix
  • Ticker Symbol: ALCX
  • ALCX Price: $384
  • Market cap: $332,847,814
  • All-time high: $2,066.20
  • All-time low: $205.30 

What is Alchemix?

Alchemix is a synthetic asset platform that lets users borrow instant loans while being rewarded with yields. Deposits made by community members are used as collateral. Alchemix uses its own stablecoin alUSD (collateral) and governance token ALCX. Newly created altokens provide DeFi protocols. The Alchemix platform focuses on yield instead of debt. The platform highlights a few important features:

  • Transmutation Pool
  • The Alchemix DAO Treasury 
  • Yield Farming

Alchemix Price Prediction: Analysts' Price Forecasts 

Walletinvestor ALCX Price Prediction

Walletinvestor indicates that Alchemix has been in a strong bearish position recently, therefore it is not the best investment option at the moment. The ALCX price may fluctuate between $375.107 and $66.574 after one year (-82.252%). According to ALCX price prediction, the price could drop in the next few years. 

Priceprediction.net ALCX Price Prediction

Priceprediction.net predicts a spike in ALCX price in the future. The expected price for December 2021 ranges between $292.97 and $333.06. In 2022 the ALCX price prediction shows a slight increase -- the price may hit the $555.36 mark. By 2024 the ALCX price is likely to surpass the $1000 level. The ALCX price prediction for 2025 shows steadily growing numbers. By 2030 the ALCX price could surpass $10,000 and hit a new all-time high of $11,902.86.

Gov.Capital ALCX Price Prediction

As of today, Gov.Capital data indicates that the ALCX price may go down to $0 next year. Thus the platform strongly recommends refraining from investing in ALCX or adding the coin to your portfolio. Gov.Capital makes predictions by comparing key variables such as volume, price, and market cycle changes of similar coins.

Digitalcoin ALCX Price Prediction

Based on the data gathered by Digitalcoin, the ALCX price will continue to increase in the future. ALCX has good growth potential. In 2021 the price may go up to $580.43. In 2022 it is going to increase up to $688.53. In 2024 ALXC could surpass the $1000 level. In 2025 the ALCX price is expected to reach $1,179.22. By 2028 the ALXC price may hit the $1,706.14 mark.

Conclusion

As far as we can tell, it is hard to predict whether the ALCX price will go up or down. Some experts base their ALCX price prediction on the previous positive patterns of the altcoin, while others suspect that there could be a sharp drop in value soon.

Check out the latest ARK price prediction from analysts

FAQ

What is the expected ALXC price for 2021?

The altcoin could go up to $580.43 before the end of this year.

Is Alchemix a good investment?

Some experts believe that Alchemix is a good long-term investment, while others recommend refraining from investing in Alchemix at the moment. 

What is ALCX?

Alchemix uses its own governance token $ALCX as part of its innovative DeFi protocol allowing investors to generate yield off of their collateral. 

Is Alchemix audited?

Yes, Alchemix contracts have been Audited by CertiK.

Can you get liquidated on Alchemix?

No, there is no liquidation risk on Alchemix. Alchemix will not liquidate your deposits and once you've withdrawn your alUSD you can let your loan repay itself.

Where is Alchemix based?

The Alchemix HQ is based in Arizona.

WalletInvestor Alchemix Price Prediction for 2021—2025

The WalletInvestor shows us that the Alchemix price can reach up to $16.206 price in 2021. By the end of 2025, the strongest rise in price is expected up to 0%. As a result of the past updates released by the project, the ALCX price can approach $0 by the end of December 2025.

TradingBeasts Alchemix Price Prediction 2021, 2022

Just as TradingBeasts assumed we can see an upward price movement. In 2021, ALCX coin price can hit $214.053. By the end of 2022, the Alchemix price can show us the same upward patterns that we saw in 2021, the price can approach $303.523.

DigitalCoin Alchemix Price prediction 2025

The Alchemix cryptocurrency price will increasingly move up by the end of 2026 as claimed by DigitalCoin analysis. By the end of 2022, ALCX price will continue approaching $473.3883. Alchemix will become an even more widely used cryptocurrency, with ever-growing popularity among users. Alchemix price for 2025 is $1382.948.

Conclusion

Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project’s roadmap. Remember to always do your own research.

FAQ

Is Alchemix a good investment?

According to the experts' forecasts, Alchemix will be a good investment.

Does Alchemix Have Potential?

The ALCX is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Alchemix forecast is positive, It has potential.

How much will Alchemix be worth in 2021?

In 2021 the price of ALCX is expected to reach $318.9159, based on the forecasting from various sources.

How much will Alchemix be worth in 2022?

In 2022 the price of ALCX is expected to reach $473.3883, based on the forecasting from various sources.

How much will Alchemix be worth in 2025?

In 2025 the price of ALCX is expected to reach $1382.948, based on the forecasting from various sources.


The content of this article is for informational purposes only and should not be construed as investment advice. We ask you to do your research. This text is not a guide to action. The author's opinion may not coincide with the opinion of CoinJoy