Everex coin has made history by rising high up by 289.82% in 24 hours and reach the 1 USD mark as it has received the permission from the state of New Jersey, New York, to perform its crypto-to-domestic and even international events, and onboard its users. Since the January launch, Everex has been going through a busy schedule creating its credibility with the banks and other companies, so that it can apply for the money transmitter license with the Insurance and Banking authorities of various states. Everex is working on building a payments program, where the merchants and customers can communicate and transact with the help of blockchain technology, getting benefits like low transaction fees, quick settlements, and zero clearing. They have intended everything- from strategy achievement to combination with the partner banks and even issuing a durable token.
What Is Everex?
Everex is a Singapore-based organization that began in Asia with the intention of assisting with the payment between the Asian nations, where banking infrastructure is almost non-existent. Everex was established by Alexi Lane, a Fintech entrepreneur and investor with an experience of 15+ years in the capital market. Everex is a fiat-pegged and entirely reserved stable, transparent offering, targeted for cross-border transactions, payments, microlending, currency exchange, technology licensing and blockchain negotiating.
Currently, Everex (EVX) is selling at $1.1795 with EVX price 289.82% up today. The market cap of Everex is USD 26,391,735 with 22,375,000 EVX circulating currently. The 24-hour price movement chart shows that $156,338,867 worth of EVX were selling. The price peaked to $0.2386 in the last 24 hours while the lowest value was $0.2239.
Market Prediction For Everex
As Everex has been showing its potential by its high performance, there are broad speculations and murmur around the crypto community concerning its future price. Let us check what the forecast sites have to say about Everex coin prediction:
#1 Crypto Ground
Crypto Ground has given a long term prediction for Everex and believes that in 5 years time frame, Everex might reach $7.7927, which is almost seven times its current price.
#2 Digital Coin Price
Digital Coin Price has also given predictions for a more extended period and forecasted that EVX might go to $4.32 by 2025, which looks like a conservative prediction, as far the current pricing scenario is considered.
#3 Oodle bit
Oodle bit is a cryptocurrency prediction site, wherein they have given the predicted value for Everex, and they believe that by 2025, EVX might reach $4.702.
Everex Price Analysis
Everex is leading Binance with approximately 300% gains, trading at a 10-month high. It has been stated that an EVX/BTC sold the volume of more than $145 million, accounting for almost 92% of the total selling volume EVX has been seen in this period. This humongous surge happened because of the project leading to receiving admiration from the New Jersey state of America to work crypto-to-crypto domestic and international activities. Even, Everex has been supported by the Ethos wallet as of lately. It’s adoption, and higher production is what is leading it to achieve greater heights. By 2019 end, Everex may reach $2.36, which is almost 2X of the current value, as per the Everex price trend.
Everex (EVX) sees 200% gains following approval to onboard U.S clients
The report by the company saw a pump which reached 250% yesterday, with the project currently up 170% today. The latest news from Everex, which started in January, is that the company has received consent to begin onboarding customers in the U.S state of New Jersey. Everex is a decentralized app which allows Peer-2-Peer payments and selling of commercial goods using digital assets and smart contracts.
The news saw the EVX pump approximately 250% and triple its market cap from $6.7 million to over $18 million, expanding the project into the top 200. EVX saw its daily selling volume climb 8200% at its peak value yesterday, which was just under $1. The price has since seen a small correction down to $0.80; however trading volume has risen to over $109 million, making it the 20th most sold coin on the market according to Coin Market cap.
Everex Coin Future Price Prediction In 5 Years
Everex price forecast suggests that the Everex price is up for a long-term in the EVX price value with a 5-year investment. This implies that in the year 2023, the Everex value is predicted to stand at 5.897 USD. You can keep track of Everex’s growth by attaching it to your wallet portfolio.
Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give information about the coin with careful analysis. Please conduct your thorough study before funding in any crypto.