Everex coin has made history by soaring high up by 289.82% in 24 hours and touch the 1 USD mark as it has received the approval from the state of New Jersey, New York, to perform its crypto-to-domestic and even international transactions, and onboard its users. Since the January launch, Everex has been going through a busy schedule building its credibility with the banks and other institutions, so that it can apply for the money transmitter license with the Insurance and Banking departments of various states.
Everex is working on building a payments platform, where the merchants and customers can interact and transact with the help of blockchain technology, getting advantages like low transaction fees, immediate settlements, and zero clearing. They have planned everything- from strategy execution to integration with the partner banks and even issuing a stable token.
Everex is a Singapore-based organization, that started in Asia with the aim of assisting with the remittance between the Asian countries, where banking infrastructure is almost non-existent. Everex was founded by Alexi Lane, a Fintech entrepreneur and investor with an experience of 15+ years in the capital market. Everex is a fiat-pegged and fully reserved stable transparent offering, targeted for cross-border transactions, remittances, microlending, currency exchange, technology licensing and blockchain consulting.
Currently, Everex (EVX) is trading 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 indicates that $156,338,867 worth of EVX were trading. The price peaked to $0.2386 in the last 24 hours while the lowest price was $0.2239.
As Everex has been proving its potential by its high performance, there are widespread speculations and murmur around the crypto community regarding its future price. Let us check what the prediction sites have to say about Everex coin forecast:
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 7 times its current price.
Digital Coin Price has also given predictions for a longer period of time 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.
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 is leading Binance with almost 300% gains, trading at a 10-month high. It has been reported that an EVX/BTC traded volume of more than $145 million, accounting for almost 92% of the total trading volume EVX has been observed in this period. This humongous surge happened because of the project managing to receive approval from the New Jersey state of America to perform crypto-to-crypto domestic and international transactions. Even, Everex has been supported by the Ethos wallet as of recently. It’s adoption and greater performance is what is leading it to achieve greater heights. By 2019 end, Everex might reach $2.36 USD, which is almost 2X of the current price, as per the Everex price trend.
The Everex community has plans of integrating and partnering with more banks and third-party e-commerce providers and receive permission to operate in states like New York, Washington, Tennessee, Florida, California, Pennsylvania all in the year 2019. The CEO of Everex recently informed that they are looking for ways to apply Digital Fiat currency (DFC) tokens of non-cryptocurrency use cases like cross border money payments. By the end of 2019, EVX might reach $2.36 because of the upcoming progress and integrations.
By 2020, the Everex community plans to extend its operations to the European countries at their event planned at Amsterdam, where more than 1500 companies would be participating. This expansion plan is going to take Everex high up and achieve milestones, which was part of the growth plan for EVX coin. It might cover other parts of the world as well and that event might help EVX handed over with larger integrations. By the end of 2020, Everex might reach $4.71, which is almost 4 times its current price. Considering the current pace and performance, it can achieve that number or maybe can go way past that.
Everex price prediction suggests that the Everex price is up for a long-term in the EVX price value with a 5-year investment. This means that in the year 2023, the Everex price is predicted to stand at 5.897 USD. You can keep a track of Everex’s progress by adding it to your wallet portfolio.
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