Request (REQ) Overview
|💱 Ticker Symbol||REQ|
|💸 Market Cap||$91,001,581|
|🚀 Trading Volume||$1,700,384|
|📈 Price Change (24h)||-2.63%|
|💰 Current Supply||999,830,316|
- Bullish Request (REQ) price predictions range between $0.409577 and $0.891967 by 2030.
- Market analysts believe REQ could reach $0.409577 by 2025.
- Bearish Request market price prediction for 2022 is $0.072814.
Request (REQ) Introduction
The world of cryptocurrency is becoming increasingly nuanced. With developments occurring across many chains, currencies, and platforms, various issues hinder the goal of decentralization, such as data traffic, complicated processes, and security issues. Amongst said issues comes the case of streamlined payments.
Request was established as a platform to make the payments system less complicated. In this holistic guide, we cover the benefits of investing in the REQ token, the platform’s technical and fundamental key points, and provide our Request price predictions.
We will be looking at the minimum price value, average price, technical analysis, maximum price, average forecast price, average trading price, and maximum value.
What Is Request (REQ)?
The high costs of operating on cryptocurrency platforms usually arise in the payments mechanism. Third parties which mitigate currency exchanges into various global currencies charge a hefty fee for conversions. However, Request changes the game by eliminating the need for third-party conversion systems and wallets.
Through Request, the users send information such as the payment owed and the user to which the request is to be sent. The payments can be made and sent through simple requests or invoiced through other means. As the native token of Request, the REQ token is used to power all network requests.
The Request platform’s marketability is what we consider when creating our potential Request price predictions. The process of requesting payments on cryptocurrency platforms wasn’t necessarily the most streamlined, but with Request, users can send invoices and contracts. Requests for billing are transferred as soon as the contract is completed, which keeps the process formal and significantly avoids fraud.
Since the platform enables users to save information on all transactions, users are better organized in terms of payments and the like. Removing 3rd party conversion and payment processing fees results in a cheaper crypto experience, especially for novice users who are already gambling their money in a volatile market.
Since most global currencies are covered under Request, yet others are being enabled, Request as a platform allows for crypto trading worldwide. Given this extensive market access, our Request price predictions follow a positive trend.
How Does Request (REQ) Work?
The operational process on the Request Network is deceptively simple:
1. Payment Request Submission
First, users submit a payment request whereby they add in all the particulars such as the amount, which user the payment request should be directed to, and much more. Payment terms, deadlines, exactitudes of the amount, and other particulars change a generic request to an invoice or even contract. The user’s leverage in deciding the payment mechanism allows for a seamless experience on the platform. Next, the counterparties receive the request and begin processing it.
2. Request Processing
Next, the requests are processed as the invoice reaches the user after traveling along the blockchain chain. The party who owes the sum identifies the request and charges it through the use of a peer-to-peer button.
3. Currency Conversion
Currency conversion on Request works like this- you receive the same currency demarcated as the payment currency for your payment. These can either be regular currencies like dollars, euros, or pounds or cryptocurrencies like ETH or BTC.
4. Security Maintenance
One of the benefits of the operational structure of the Request platform is that as the liaison with third parties decreases, so do the chances of fraud and hacking. Since payments are transferred to the payee through a ‘push’ process, users don’t have to share vital information such as login credentials and other sensitive data with third parties. This lack of liaison lowers costs and decreases the number of parties accessing sensitive financial information.
5. Easing Transactability
Another perk of the payment mechanism on Request is that each step of the transaction is recorded and verifiable. For novice traders, this ensures a system of recording where their transactions are easy to follow. It also makes it difficult for frauds or hackers to take advantage of a complicated system to defraud new traders out of money.
Another important provision of the Request platform is that your invoice currency, which you state during your invoice creation, is subjected to taxation and accounting laws. This gets the legal liabilities and taxation out of the way before you procure your payment in your payment currency.
Request (REQ) Investment
The vision of Request’s founders, Christophe Lassuyt and Etienne Tatur, was to create a platform that streamlined payments while maintaining security and privacy. In that goal, Request has been nothing short of exemplary.
Since converting digital payments into traditional payments is eased without astronomical charges and commissions paid to third parties, Request remains a marketable and profitable enterprise. While the price of Request has remained volatile given the nature of the market, upwards trends in the future characterize profitable Request price predictions.
Since third-party involvement is curbed, the Request platform covers security provisions using Ethereum and IPFS. Users and miners pay only transaction fees for the platform’s improved transactability and community-centric governance (REQ token).
Request Crypto (REQ) Current Price
Request is currently worth $0.091017 USD. REQ has moved -2.63% in the last 24 hours with a trading volume of $1,700,384. Request is currently ranked 183 amongst all cryptocurrencies with a market capitalization of $91,001,581 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Request (REQ) to decide wether it is going to have a bullish or bearish year.
Request Crypto (REQ) Price Prediction
|Year||Minimum Price||Average Price||Maximum Price|
Price prediction data provided by Request Price Prediction
Request (REQ) Price Prediction 2022
Request, according to some, is one of the most amazing cryptocurrencies to rise this year (REQ). The REQ price forecast for 2022 anticipates a significant increase in the year’s second half, possibly reaching $0.136526.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.127424 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. REQ is expected to have a minimum value of $0.10922.
Request (REQ) Price Prediction 2023
In 2023, Request REQ price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of REQ will soon surpass $0.227543. However, we should wait to see if the REQ’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, REQ will trade with a minimum trading price of $0.182034 and an average trading price of $0.200237.
Request (REQ) Price Prediction 2024
If the upward trend continues until 2024, it could reach $0.31856 and REQ may profit. If the market experiences a decline, the goal may not be met. REQ is expected to trade at an average price of $0.291254 and a low of $0.273051 in 2024.
Request (REQ) Price Prediction 2025
If Request successfully boosts market sentiment among cryptocurrency enthusiasts, the REQ coin price could remain stable for the next five years.
According to our projections, REQ will be green in 2025. The REQ is expected to reach and surpass its all-time high in 2025. In 2025, the virtual currency will be worth $0.409577, with a minimum price of $0.364068 and an average price of $0.382272.
Request (REQ) Price Prediction 2026
After some extensive forecasting and technical analysis, we estimate the REQ price is expected to cross an average price level of $0.473289 by 2026, with a minimum price of $0.455085 expected before the end of the year. Furthermore, REQ has a maximum price value of $0.500594.
Request (REQ) Price Prediction 2027
Due to the future partnerships that are expected to happen by 2027, we are expecting that a bullish trend will continue, bringing the average price to around $0.564306. If REQ manages to break the resistant level in 2027, we could see a maximum price of $0.591611, failing to gather the support REQ needs by 2027 could result in a low of $0.546102.
Request (REQ) Price Prediction 2028
While REQ is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.637119 and a yearly price close above $0.682628 in 2028.
Request (REQ) Price Prediction 2029
By 2029, Request will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.728136 and potentially reach a maximum price value of $0.773645, averaging out at $0.74634.
Request (REQ) Price Prediction 2030
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2030, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum REQ price in 2030 is projected to be $0.891967 in the event of a bull run, with an average price level of $0.85556.
Request protocol’s investment potential is immense, making the REQ token an in-demand coin. The platform dramatically simplifies payment mechanisms while ensuring security and offers conversion systems, making it the plausible PayPal of the cryptocurrency world.
Since payments on decentralized systems, such as B2B payments, governance, IoT, etc., are simplified through Request, it has immense growth potential. The revolutionized mechanisms it offers for payment operations cannot be understated and are slowly beginning to be realized as a viable form of payment and conversion services.
The team at Request is constantly developing the platform’s potential, hence increasing its viability as an investment option in the long run.
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What is the Request (REQ) price today?
Today, Request (REQ) is trading at $0.091017 with a total market capitalization of $91,001,581.
Is Request a good investment?
Request proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that REQ is a good choice of investment.
How high can Request go?
The average price of Request (REQ) can possibly reach $0.127424 this year. Over the next 5 years, it is projected that Request may surpass $0.591611.
How much will Request be worth in 5 years?
Based on the rising popularity of cryptocurrency and Request, a long term investment in REQ could see the price rise to $0.591611 within the next 5 years.
How much will Request be worth in 10 years?
If you invest in Request today, as with any investment, a long term increase is expected. The price of REQ could possibly rise to $1.06 within the next 10 years.
What will the Request price be in 2023?
Request (REQ) price is expected to reach $0.227543 by 2023.
What will the Request price be in 2024?
Request (REQ) price is expected to reach $0.31856 by 2024.
What will the Request price be in 2025?
Request (REQ) price is expected to reach $0.409577 by 2025.
What will the Request price be in 2026?
Request (REQ) price is expected to reach $0.500594 by 2026.
What will the Request price be in 2027?
Request (REQ) price is expected to reach $0.591611 by 2027.
What will the Request price be in 2028?
Request (REQ) price is expected to reach $0.682628 by 2028.
What will the Request price be in 2029?
Request (REQ) price is expected to reach $0.773645 by 2029.
What will the Request price be in 2030?
Request (REQ) price is expected to reach $0.891967 by 2030.