A roost is a nice dinner but can it be a good cryptocurrency? How wise is it to invest in something that has been recently launched and has humor in it?
Meme coins can be really tricky as well as fascinating on the other hand. They have the ability to strike up high on price as well as take you down through back alleys.
Will the roost coin help you return your investments in a way you expect or will it take the cost of your investment?
Let’s analyze how data from the research answers these questions.
What is Roost Coin?
Roost coin is a newly launched cryptocurrency built under the Base blockchain which is also titled the champion of the Base network.
With over 1 billion ROOST tokens, it has gained a market cap of over $50 million within these few months.
Presenting the aim to protect and guide the base community, the roost coin has been receiving a number of queries and buyers.
This cryptocurrency can be used to settle every kind of transaction within the ecosystem and also serves as the potential governance asset impacting the community to shape the growth and development of the project.
Launched in March 2024 the roost coin took a quick spike in its popularity across the cryptocurrency platforms as well as social media.
The audience on social media for ROOST is very significant, 15,000 members on its Telegram channel and 56,000 followers on X speak about its popularity.
Roost Coin Price Prediction: 2024-2030
The question that arises in the scenario is whether popularity can bring you high returns on investment.
Let us analyze the price predictions of the champion of Base blockchain, the Roost coin even though the price has shown drastic fluctuations in the chart experts have predicted the price of ROOST in the coming years.
The current value might also be insightful to shape your thoughts on ROOST. Let’s have a look at it
In the last 24 hours, the Roost coin had a trading volume of $292,270. With the latest data, ROOST has a value of $0.0009494 which is down 17.4% in the last 24 hours.
| Year | Minimum price | Average price | Maximum price |
| 2024 | $0.0009091 | $0.049155 | $0.097445 |
| 2025 | $0.001635 | $0.0032705 | $0.004906 |
| 2026 | $0.000723 | $0.001961 | $0.003199 |
| 2027 | $0.000846 | $0.001367 | $0.001889 |
| 2028 | $0.001291 | $0.005299 | $0.003938 |
| 2029 | $0.0034066 | $0.0063049 | $0.0092032 |
| 2030 | $0.001356 | $0.0029615 | $0.004567 |
The table shows an unstable flow of the price chart, neither having a steady increase nor a decrease in the price.
Will ROOST fail the predictions made by experts? It might happen, the roost coin prices might hit high sky or it might witness a downfall.
It is definitely uncertain. The predictions can vary upon the factors like demand and supply but the data presented in the above table is placed with empirical information and research.
Where to Buy ROOST?
ROOST can be bought and traded in centralized cryptocurrency exchanges. Some of the exchanges are mentioned below according to the popularity:
- NovaDAX
- LBank
- XT.COM
- AscendEX
- BitMart
- Poloniex
- Bitrue
- Matcha
- Bitget
How to Buy ROOST?
- Decide an exchange to buy the ROOST
Choose an exchange like NovaDAX which is very prominent in roost coin trading to buy the ROOST tokens.
- Set your investment budget
Plan the amount you are willing to invest in the coin. Consider the possibilities of risk of potential losses when deciding the investment. With the current value, you can buy 1.05 million ROOST for $1000
- Research on your investment
Research the market of the roost coin and the possibilities of future prices of the coin. Researching the coin will give you insights into how much investments you should make.
- Place the coin buy order
This process is similar to other cryptocurrencies which require an account in the cryptocurrency exchange. Then place the order to buy the roost coin.
- Store the coin and keep track of the coin’s performance
The cryptocurrency exchange allows the buyers to store their coins and trade as well. And always keep track of the performance of the coin.
Is ROOST coin a Credible Crypto Investment?
Despite all the predictions, the investors always come up with a question of whether it will be wise to invest in it. Let’s look into that:
Trusting something that has high volatility always comes up with high risk. Investing your money in the roost coin holds the same risk in terms of return. It is uncertain and unpredictable what the future of Roost Coin (ROOST) shall be.
There are various factors that influence the price fluctuation of the token, like project updates, market conditions, and blockchain technology changes.
Potential losses should be considered before investing in the coin.
Despite all this, some experts advise investors to look into ROOST claiming that it might hit a spike in 2025.
The chances of an increase in market cap are possible in the case of the roost coin due to its short-term demand since its launch.
So it will be very wise to do your research before investing in the roost coin due to its speculative behaviour.
Disclaimer: The price predictions are only for informational purposes and insights. These are not financial or investment suggestions. Conducting research before investing is vital to understand the market of ROOST.
