Request Price Analysis for 2022
Request has gained 135.2% in the past 365 days and is attracting more attention every day. It started 2021 at $0.029, as per CoinGecko. Prices then climbed to $0.139 in May but soon started declining. By September, Request was trading at $0.233 and ended the year at $0.453.
Will the token have a good year in 2022?
Here is a detailed price analysis.
What is Request?
Request is a decentralized platform built to accept and request payments using digital currencies. The term decentralized refers to its operation without the need for a middleman. It is built on the Ethereum blockchain and supports many networks like Fantom and Polygon.
Additionally, users can leverage a range of financial tools to manage their payments and transactions and you can also receive payments from your online stores using a WooCommerce plugin.
https://twitter.com/RequestNetwork/status/1500819938889580550?cxt=HHwWjICylYzy_dMpAAAA
What is the REQ Token?
REQ is a token based on Ethereum technology. It entered the market in 2017 and allows people to pay charges applicable to the network. Anyone can purchase the coin from a cryptocurrency exchange of their choice.
Additionally, REQ acts as the native token on the platform.
REQ Price Analysis for 2022
REQ tokens are currently trading at $0.19, according to CoinGecko. It has gone down in value by 22.8% in the last 30 days. However, the token recovered slightly in the past fourteen days and posted a loss of 9.9%. The recovery continued for the past week and reduced the decline to 1.9%.
As per Price Prediction, REQ could continue this upward trend and reach $0.22 in May 2022. However, the token could also sell for the highest and lowest of $0.23 and $0.21 respectively. By September, they think the price of REQ will increase to $0.25 and the platform predicts the maximum and minimum values to be $0.27 and $0.24 respectively. They also feel REQ could surge more in value and trade at $0.27 in December, and the site thinks the token may attain a highest of $0.30 or a lowest of $0.26 in price.
Now, let’s take a look at Wallet Investor’s prediction. It predicts REQ will peak at $0.27 in May and that the maximum and minimum prices could be $0.33 and $0.20 respectively. In September, they feel the token could increase more in value and stand at $0.36 and the site thinks the coin may even list on exchanges for a highest of $0.42 or a lowest of $0.36.
Finally, let’s check out Gov Capital’s predictions. Gov Capital thinks the token may climb to $0.25 in May. and that REQ will further increase in price to climb to $0.35 in September. By December, they think the token may be available for sale at $0.53.
https://twitter.com/RequestNetwork/status/1499803964820316160
Final Thoughts
Most predictions feel REQ will be on an upward trend in 2022. The token may rise in value and be a good option for investment. However, the prices may fluctuate against expectations as crypto prices are volatile. So, make sure to do your research before you invest.