This content has been archived. It may no longer be relevant.
The Neutrino Index is currently at the #1443 rank in the cryptocurrency market. It had an ATH of $1.44 on Aug 29, 2023, while the current price is only $0.042, down by 97% from its ATH. Has the XTN token lost its charm? Will the XTN token recover in the future? Find out answers to all these and other relevant queries in our Neutrino Index price prediction and much more.
- Based on the Neutrino Index price prediction for 2024, the XTN token is anticipated to reach $0.092 by the end of this year.
- The XTN crypto is expected to have minimum and maximum prices of around $0.080 and $0.115, respectively, as per our XTN price prediction for 2025.
- As per our Neutrino Index price prediction for 2030, the XTN coin will have a maximum price of $0.330, while the minimum price may be around $0.229.
What is the Neutrino Protocol?
The Neutrino protocol enables plug-and-play algorithmic finance infrastructure. Its decentralized development model empowers users to vote on key system parameters, thereby governing decision-making. This is made possible through the Neutrino protocol, which consists of a series of smart contracts written in the Ride programming language and deployed on the Waves blockchain.
Many individuals are pondering whether the Neutrino Index is a good investment now that this emerging crypto is garnering attention. This Neutrino Index price prediction will explore the evaluation of the Neutrino Index (XTN) and its potential price levels in the years ahead.
Neutrino Index Token (XTN)
The Transition of Neutrino: USDN->XTN
The stablecoin market has experienced a tumultuous 2022, marked by the rise and fall of algorithmic stablecoins that resulted in significant user losses. This indicates the need for a change in the stablecoin space, which the Neutrino team is proposing for USDN.
USDN is a stablecoin that boasts a robust user base, a strong team, and community governance. Prior to the bear market of 2022, it was a dependable option for storing value. However, it’s apparent that USDN cannot withstand the current level of market volatility.
Nevertheless, the team and community believe that USDN still has a valuable use case in the Waves ecosystem, and that’s why the Neutrino team’s proposal to shift USDN from a stablecoin to a Neutrino Index Token (XTN) has been accepted.
Neutrino Index Token (XTN)
What is the Neutrino Index?
XTN is an index token secured by a collection of Waves Ecosystem tokens and controlled by the user community. XTN is backed by a basket of tokens from the Waves ecosystem and is no longer pegged to $1. Instead, the value of XTN will fluctuate depending on supply and demand, indirectly influenced by the Backing Ratio (BR).
Advertisement
XTN aims to achieve a 100% BR, causing the price to converge toward $1. This provides more stability than a single-collateral stablecoin, as the value is not dependent on the performance of a single asset.
The pivot’s critical aspect is the function of SURF, a token created to recapitalize USDN reserves. SURF will continue to serve this role after the pivot to XTN. When the BR reaches 115%, 10% of the reserves will be automatically converted from SURF to XTN, utilizing 10% of reserves to repay users.
This presents an arbitrage opportunity for SURF purchasers. One can issue SURF at the BR’s value, and when the BR hits 115%, staked SURF will automatically transform to XTN at the current XTN price.
Neutrino Index Token (XTN)
Neutrino Index (XTN) Technical Analysis
The current price of the Neutrino Index (XTN) token is around $0.042, and the 24-hour trading volume is around $4,156. Market cap reaches $2,178,409. Major cryptocurrency exchanges are expecting consolidation amid concerns about regulation from authorities in the near future.
Data from various exchanges and sites show an all-time high of $1.44, which was on Aug 29, 2023. The all-time low is $0.01869, which was on Jun 09, 2023. In comparison with other investment options, such as stocks or commodities, it is difficult to predict the exact movements of any cryptocurrency. Traders and investors can find more information about crypto forecasts.
The price of the Neutrino Index token was trading in a fixed range in the last year after hitting a low at $0.024 in March 2023. Neutrino Index price continues to reflect bearish momentum during 2023. And this bearishness has been continued in 2024 also. Over the 30 days, the XTN price managed to recover its lost momentum and regained its price level above $0.040. Hence, we can say that it holds the potential to recover in the upcoming months.
Summarizing the technical analysis of the Neutrino Index, investing in the short term may not be a good idea at the current price because there is no sign of a short-term price rise. Aggressive traders can purchase at the lower level of the day and book some profit on slight price increases. But an upward price action cannot be expected soon since the sentiments are neutral.
Neutrino Index Token (XTN)
Neutrino Index Price Prediction: 2024-2030
Over the previous three months, XTN has given relatively lower returns. The Neutrino Index price today is around $0.042, and the price change in the last 24 hours is almost 1.5%. Let’s explore the Neutrino Index price forecast for the upcoming years.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | $0.030 | $0.092 |
| 2025 | $0.080 | $0.115 |
| 2026 | $0.099 | $0.143 |
| 2027 | $0.127 | $0.183 |
| 2028 | $0.161 | $0.232 |
| 2029 | $0.181 | $0.261 |
| 2030 | $0.229 | $0.330 |
Neutrino Index Price Prediction 2024
Based on the historical price movements of the Neutrino Index and our XTN price prediction, the yearly low Neutrino Index price for 2024 is predicted at $0.040. Meanwhile, the price of the Neutrino Index is predicted to reach as high as $0.092 by the end of this year.
| Month | Minimum price | Maximum price |
|---|---|---|
| March | $0.040 | $0.046 |
| April | $0.045 | $0.048 |
| May | $0.046 | $0.051 |
| June | $0.048 | $0.062 |
| July | $0.050 | $0.073 |
| August | $0.062 | $0.078 |
| September | $0.064 | $0.082 |
| October | $0.075 | $0.086 |
| November | $0.073 | $0.090 |
| December | $0.076 | $0.092 |
Neutrino Index Price Forecast 2025
Similar to the previous year’s trends, XTN will be trading with moderate momentum as per our Neutrino Index price prediction for 2025. Based on our forecast, the minimum price of the XTN token expected is $0.080, with a maximum price of $0.115. XTN is not a good investment for the long term based on its past price data.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.080 | $0.091 |
| February | $0.091 | $0.092 |
| March | $0.092 | $0.096 |
| April | $0.094 | $0.099 |
| May | $0.096 | $0.101 |
| June | $0.099 | $0.103 |
| July | $0.100 | $0.105 |
| August | $0.103 | $0.107 |
| September | $0.106 | $0.110 |
| October | $0.107 | $0.112 |
| November | $0.105 | $0.114 |
| December | $0.108 | $0.115 |
Neutrino Index Price Forecast 2026
After analyzing the current value trend and past data, the Neutrino Index (XTN) price change is not anticipated to be very positive. As per the XTN price prediction 2026, the maximum price is predicted to be $0.143 with a minimum price of $0.099.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.099 | $0.112 |
| February | $0.112 | $0.114 |
| March | $0.114 | $0.119 |
| April | $0.117 | $0.122 |
| May | $0.119 | $0.125 |
| June | $0.122 | $0.128 |
| July | $0.124 | $0.130 |
| August | $0.128 | $0.133 |
| September | $0.131 | $0.136 |
| October | $0.133 | $0.138 |
| November | $0.130 | $0.141 |
| December | $0.134 | $0.143 |
Neutrino Index (XTN) Price Predictions 2027
Our XTN predictions anticipate the price beginning at $0.127. The maximum price forecasted is $0.183, and the average price for 2027 is $0.155. As per the Neutrino Index forecast, investors might be disappointed with the performance of the Neutrino Index as the price rise is not expected to be very huge.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.127 | $0.144 |
| February | $0.144 | $0.147 |
| March | $0.147 | $0.153 |
| April | $0.150 | $0.157 |
| May | $0.153 | $0.161 |
| June | $0.157 | $0.164 |
| July | $0.160 | $0.167 |
| August | $0.164 | $0.171 |
| September | $0.168 | $0.175 |
| October | $0.171 | $0.178 |
| November | $0.167 | $0.181 |
| December | $0.172 | $0.183 |
XTN Price Predictions 2028
Based on our XTN predictions, the minimum, average, and maximum prices are anticipated to be around $0.161, $0.196, and $0.232 for the year 2028. The token’s price will continue to rise over the years, but the price rise may not be very significant.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.161 | $0.182 |
| February | $0.182 | $0.186 |
| March | $0.186 | $0.193 |
| April | $0.189 | $0.198 |
| May | $0.193 | $0.204 |
| June | $0.198 | $0.207 |
| July | $0.202 | $0.211 |
| August | $0.207 | $0.216 |
| September | $0.212 | $0.221 |
| October | $0.216 | $0.225 |
| November | $0.211 | $0.228 |
| December | $0.218 | $0.232 |
Neutrino Index Forecast 2029
In 2029, the XTN token is anticipated to come down to a minimum of $0.181 based on our analysis and predictions. At the same time, the maximum value may be around $0.261, with an average value of $0.221 for the year.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.181 | $0.205 |
| February | $0.205 | $0.209 |
| March | $0.209 | $0.217 |
| April | $0.213 | $0.223 |
| May | $0.217 | $0.229 |
| June | $0.223 | $0.233 |
| July | $0.227 | $0.237 |
| August | $0.233 | $0.243 |
| September | $0.239 | $0.249 |
| October | $0.243 | $0.253 |
| November | $0.237 | $0.257 |
| December | $0.245 | $0.261 |
Neutrino Index Price Prediction 2030
The market capitalization may also see a fall since the price change may not encourage traders to hold the XTN coin. Further, the XTN price prediction 2030 reflects that the value will be bullish, but the change in the price will not be very drastic. The maximum price of the token may not be more than $0.330, with a minimum price of $0.229.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.229 | $0.260 |
| February | $0.260 | $0.265 |
| March | $0.265 | $0.275 |
| April | $0.270 | $0.282 |
| May | $0.275 | $0.290 |
| June | $0.282 | $0.295 |
| July | $0.287 | $0.300 |
| August | $0.295 | $0.307 |
| September | $0.302 | $0.315 |
| October | $0.307 | $0.320 |
| November | $0.300 | $0.325 |
| December | $0.310 | $0.330 |
Neutrino Index Token (XTN)
Frequently Asked Questions
Where to buy Neutrino Index?
You can buy Neutrino Index from WAVES Exchange, Pluto, vires.finance, Tsunami Finance, MEXC, Swop.fi, and Puzzle Swap. You can use the same platforms to sell the tokens.
Is Neutrino Index a good investment?
Based on our Neutrino Index price prediction, XTN is not a very profitable long-term investment option. Moreover, investing in Neutrino Index is considered high-risk due to its volatility and potential for manipulation, so proceed with caution.
Will Neutrino Index (XTN) price increase in the future?
The price of Neutrino Index may increase in the future, but the price change would not be very drastic as per our Neutrino Index price prediction. Based on the analysis and forecast, the price will go up slowly.
How much will Neutrino Index worth in 2025?
Advertisement
According to our Neutrino Index forecast 2025, the XTN coin could reach a peak of $0.115, with a potential low of approximately $0.080 in 2025.
What is the price prediction for Neutrino Index in 2030?
The Neutrino Index’s 2030 price forecast suggests the XTN coin could reach a peak of $0.33, with a potential low of around $0.229 in 2030.
Neutrino Index Token (XTN)