In this article, we delve into the world of Efinity Token (EFI) and explore its potential price trajectory.
Our aim is to provide you with a comprehensive EFI price prediction, giving you the insight needed to make informed decisions.
We will base our analysis on a variety of factors including market trends, historical data, and expert opinions.
By examining these elements in detail, we can forecast potential price movements and patterns.
Whether you’re a seasoned investor or a newcomer to the crypto market, understanding the potential future price of EFI can be invaluable.
So, let’s take a closer look at the factors that could influence the Efinity Token’s price in the coming months and years.
Efinity Token (EFI) Fundamental Analysis
| Project Name | Efinity Token |
| Symbol | EFI |
| Current Price | $ 0.098719 |
| Price Change (24h) | 0.04% |
| Market Cap | $ 8.58 M |
| Volume (24h) | $ 0 |
| Current Supply | 86,915,139 |
Efinity Token (EFI) is currently trading at $ 0.098719 and has a market capitalization of $ 8.58 M.
Over the last 24 hours, the price of Efinity Token has changed by 0.04%, positioning it 1157 in the ranking among all cryptocurrencies with a daily volume of $ 0.
Efinity Token (EFI) Long-Term Price Prediction
| Year | Lowest Price | Average Price | Highest Price |
|---|---|---|---|
| 2025 | $25.5 | $32.8 | $41.9 |
| 2026 | $40.3 | $55.7 | $68.2 |
| 2027 | $36.2 | $42.5 | $50.8 |
| 2028 | $30.1 | $36.4 | $44.5 |
| 2029 | $46.5 | $71.3 | $89.7 |
| 2030 | $60.8 | $90.1 | $120.4 |
Efinity Token Price Prediction 2025
We expect Efinity Token (EFI) to reach a low of $25.5, an average price of $32.8, and a high of $41.9 in 2025.
This optimistic forecast largely attributes to increased global adoption and regulatory approval of crypto assets.
The increasing demand for the EFI token within the Enjin ecosystem for application in gaming and NFTs combined with the broader crypto market trend might push prices upwards.
Efinity Token Price Prediction 2026
In 2026, EFI could hit a low of $40.3, an average of $55.7, and a high of $68.2.
The growth is predicted based on further advancements in the Efinity network, technological improvements, partnerships, and continuous mainstream acceptance of crypto assets.
Efinity Token Price Prediction 2027
We foresee a correction phase in 2027 with EFI dropping to a lowest of $36.2, average at around $42.5, and a high of $50.8.
Such corrections are quite normal in crypto markets and a necessary to maintain long-term stability.
Efinity Token Price Prediction 2028
For 2028, EFI prices could drop further due to the continued correction phase, hitting a low of $30.1, average of $36.4 and high at $44.5, following the previous bullish cycles.
However, crypto markets are known to be resilient, and pullbacks often set up for the next wave of growth.
Efinity Token Price Prediction 2029
By 2029, the EFI token might experience a strong surge again with a predicted low price of $46.5, an average price of $71.3, and a high reaching $89.7.
This substantial rise is likely due to the anticipated recovery from the correction years and the increasing institutional investment in crypto space.
Efinity Token Price Prediction 2030
Finally, by 2030, EFI could reach an impressive low of $60.8, average out at $90.1, and reach as high as $120.4.
We expect global crypto acceptance and usage to be at an all-time high by this period, driving significant value into the EFI token and the broader crypto market.
Efinity Token (EFI) Technical Analysis
- Zoom
- Type
Technical Analysis is a methodology used to forecast the direction of price trends by studying past market data, primarily price and volume.
Technical Analysis is crucial in Efinity Token price predictions as it helps investors to understand market trends and make informed decisions on whether to buy, sell or hold their investments.
- Trend Lines: Trend lines are easily identifiable lines that traders draw on charts to connect a series of prices together. This aids in identifying and confirming the direction of the market trend.
- Volume: Volume represents the total amount of trading activity or contracts that have changed hands in a given commodity market for a single trading day. It gives investors an indication of the intensity and enthusiasm behind price moves. High volume often implies strong investor interest and can be a sign of the start of a new trend.
- Moving Averages: Moving averages are used to smooth out short-term fluctuations and highlight longer-term trends or cycles. The longer the time span for the moving average, the smoother the line will be, which can give a clearer view of the overall trend.
Efinity Token Price Predictions FAQs
What is Efinity Token?
Efinity Token (EFI) is a native utility token on the Efinity blockchain, an NFT (Non-Fungible Token) network developed by Enjin.
EFI tokens have several uses, including transaction fees, liquidity provision rewards, and governance.
What will be the future price of Efinity Token?
The future price of Efinity Token largely depends on several factors such as market trends, technological developments, investor sentiment, and the overall adoption of NFTs.
As this is speculative in nature, it is advised for investors to conduct their own research or consult with a financial advisor.
Is Efinity Token a good investment?
Whether Efinity Token is a good investment or not is subjective and depends on an investor’s financial goals, risk tolerance, and understanding of the cryptocurrency market.
Potential investors should closely monitor the Efinity Token’s performance and the broader crypto market trends before investing.