The Request is a decentralized blockchain network built on the Ethereum blockchain. As the name suggests, in the Request network the user needs to request for a payment and the receiver of the request acknowledges the request and makes the payment.
The two main characteristics of the Request network are that it is universal and smart.
Are you interested to learn more about Request Network and REQ coin? Continue reading this article to learn more about the REQ coin, its price predictions, and its profitability as a future investment.
What Is REQ Token?
REQ is the native token of the Request network. It is an ERC-20-compliant token that allows its holders to decide on the future of the network.
The network has an exclusive voting system that does not allow other Ethereum coin holders to interfere in the decision-making.
The key figures that determine the current market situation of REQ coin are given below.
Current Market Price: $0.1473
Market Capitalization: $147,276,921
Fully Diluted Valuation: $148,822,292
24 Hour Trading Volume: $40,409,553
Volume/Market Capitalization: 27.04%
Circulating Supply: 999,653,403
Total Supply: 999,653,404
Maximum Supply: 1,000,000,000
Request (REQ) Price Prediction (2024–2030)
The current market price of the REQ token is $0.1473. The short-term price prediction of the REQ token for the period from May to December 2024, with its low, average, and high prices, is given in the table below.
| Year | Low Price | Average Price | High Price |
| May 2024 | $0.091 | $0.098 | $0.1 |
| June 2024 | $0.056 | $0.061 | $0.091 |
| July 2024 | $0.18 | $0.19 | $0.2 |
| August 2024 | $0.19 | $0.2 | $0.22 |
| September 2024 | $0.2 | $0.21 | $0.23 |
| October 2024 | $0.21 | $0.22 | $0.24 |
| November 2024 | $0.22 | $0.24 | $0.25 |
| December 2024 | $0.23 | $0.25 | $0.26 |
The expected long-term price range of the REQ token, with its yearly low, yearly average, and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $0.21 | $0.26 | $0.31 |
| 2025 | $0.43 | $0.54 | $0.64 |
| 2026 | $0.89 | $1.11 | $1.34 |
| 2027 | $1.83 | $2.29 | $2.75 |
| 2028 | $3.77 | $4.72 | $5.66 |
| 2029 | $7.77 | $9.71 | $11.65 |
| 2030 | $15.99 | $19.99 | $23.98 |
The market sentiments of REQ tokens as per the technical analysis indicators is bullish. 28 technical analysis indicators show bullish trends whereas 3 technical analysis indicators show bearish trends.
The 50-day SMA and the 200-day SMA of REQ token are $ 0.134126 and $ 0.108666, respectively.
Where and How to Buy REQ Tokens?
REQ tokens are listed on Centralized exchanges. You can buy REQ tokens from the following exchanges.
- Binance
- TokyoCrypto
- Gate.io
- Coinbase
- KuCoin
Read further to know about how to buy REQ tokens from a Centralized exchange.
- You should select a crypto exchange from where you intend to purchase REQ tokens.
- Link a suitable payment method such as a debit card or bank transfer to the exchange.
- Go to the purchase page of the exchange and log in to your account. Exchange the currency to buy REQ coins.
- Complete the transactions. Now you can see that REQ tokens have been credited to your account.
- Use the purchased coins as per your needs and store the remaining coins in a cold wallet to keep it away from online hackers and fraudsters.
Also, Read: Tips To Calculate The Crypto ROI
The Final Verdict
As per the current market trends, Request (REQ) is predicted to be a good buy in the coming years.
The overall market sentiment is bullish. The 50-day SMA and the 200-day SMA are pretty high; that means the token is profitable both in the medium term and long term.
Therefore, you can certainly invest in REQ tokens. But you should not forget the fact that cryptocurrencies are basically volatile.
This instability makes REQ coins prone to market risks. So you should carefully analyze the on-chain innovations and the historical price performance of the token before investing.
