PIVX Price Prediction 2021-2028

PIVX is one of the earliest cryptocurrencies. Also, it is one of the most influential privacy-focused digital assets in the cryptocurrency market today. A day ago, $PIVX v5.3.3 was made available for download. It’s a highly recommended Core wallet upgrade that solves the remaining issues over the tier two network synchronization process. Users are invited to upgrade their PIVX wallets as soon as possible.

Furthermore, due to its innovation and robust technology, the PIVX coin has widely been deemed an alternative to other privacy-focused cryptocurrencies such as Monero (XMR), Zcash (ZEC), and DASH coins. Here’s what’s unique about it.

Investing and trading in cryptocurrencies are recorded in a public ledger that is open for scrutiny. However, Bitcoin ATMs allow anonymous purchases with cash. Other platforms like ShapeShift, BitQuick, and LocalBitcoins.com, Paxful, and DameCoins let you trade Bitcoin anonymously with PayPal, credit cards, Western Union, and bank transfers.

Nonetheless, regulators, governments, or cryptographers can track and use metadata to track down the transaction details of Bitcoin users or other crypto users — imagine having your trading details revealed online (but not your identity). Many anonymous cryptocurrencies are coming up today, but only a few of them looks good.

One major digital asset trying to solve this problem is PIVX. Before we look at PIVX price predictions, let’s know what PIVX is, its goals, founders, and features.  

Source: Twitter

What is PIVX?

Source: Pivx.org

PIVX stands for Private Instant Verified Transaction. It is different from other privacy coins because it is open-source, decentralized, and has a better technology that gives its users utmost anonymity, security, and instant transactions. The platform has an ambitious goal to become the most advanced digital asset ever to exist.

Furthermore, PIVX was forked initially from DASH in February 2016, and it was called Darknet (DNET). PIVX was a bit different from the DASH protocol because it is a Proof-of-Stake (POS) network. In 2017, PIVX was reformed after the fork to undertake its vision and plans fully. Today, PIVX is considered the most robust and innovative privacy-focused cryptocurrency. This platform uses cutting-edge ZK-powered SHIELD technology to give users the liberty to choose if they want to receive or send digital assets anonymously.

When PIVX was fully rebranded with enough marketing schemes, PIVX surged by +54,118.75%, which is astonishing. So reflect on this, if you had invested, let’s say USD 200, you would have over USD108,000 from that single investment. Before we move on to PIVX price prediction, let’s take a look at the goals of this platform and other of its components to give you an idea of this platform in detail.

PIVX goals  

Source: Pivx.org

The main goals of PIVX are to offer freedom, privacy, governance, and robust technology. With these goals, the platform ensures that it is decentralized as much as possible, with near-instant transactions and a decentralized community that is much better than DASH and other privacy-focused digital assets.

About the PIVX Founder  

James Burden|| Source: Veil

PIVX has a diverse team and community. This team only manages the various aspects of the digital platform. Among them is James Burden (AKA s3v3nh4cks).

Rumor has it that James Burden was one of the DASH developers who was disappointed with the direction of the cryptocurrency, and they decided to create their digital asset, PIVX.

During that time, Burden became the founder and one of the developers of the project. He is an experienced developer with more than 20 years of experience in tech. In April 2019, he resigned from his post as PIVX founder after requesting the development team a year prior.

Burden apparently was not satisfied with the lack of privacy in PIVX at that time. So, he created his cryptocurrency known as Veil, which seeks to become an upgrade to PIVX. So far, PIVX has dramatically slowed down in public activities ever since Burden left in 2019.

The only known developer and active member of PIVX have been Bryan Doreian, its community manager and marketing lead.

Why is PIVX a distinct platform?

PIVX is a different platform, and it has unique features that make it promising in the crypto space. Some of its features are:

A leader in user privacy

PIVX is considered the leader in user privacy. It is currently the most innovative of all the privacy-preserving digital assets today. The fact that PIVX allows private transactions in its protocol makes it the most secured privacy token out there.

The picture below is the first SHIELD (zk-SNARK Sapling + Proof of Stake) 100% untraceable transaction on PIVX’s website from one shield address to another. It is essential to know that no amounts were revealed in this transaction, and there is no info about the sender or receiver.

Source: Pivx.org

The first POS digital asset with a Zerocoin protocol level anonymity

PIVX is regarded as the first POS digital asset with a Zerocoin protocol level anonymity, making it highly fungible.

Better than DASH’s protocol

PIVX has all the DASH protocol features, including the master nodes and instant and privacy transactions, but it is much better than DASH. However, this is due to the improved POS 3.0 protocol mechanism. 

PIVX’s SwiftTX technology

PIVX makes use of SwiftTX technology for users to experience near-instant transactions. SwiftTX technology is not used in most cryptocurrencies.

Decentralized to the core

PIVX allows its users to stake their PIVX cryptocurrency while these tokens are in their hard wallets. Additionally, PIVX is self-governed and open-source. Currently, no other digital asset offers users’ incentives for staking and running a masternode. The master node rewards are around 9% annually.

Seesaw algorithm

PIVX has a distinct seesaw algorithm that helps to balance its reward distribution between masternodes and staking nodes. 

How PIVX works

PIVX is a “third-generation” privacy coin and decentralized autonomous organization (DAO), meaning that it is self-funded and self-governed. This platform uses a better and amplified version of DASH’s masternode architecture and Zcoin’s Zerocoin privacy protocol.

According to PIVX’s website, PIVX network fees are 40x lower than Bitcoin. Also, the website notes that the  PIVX platform experiences a transaction speed of 70 transactions per second (TPS). However, Bryan Doreian has stated that TPS can go as high as 1000 using the SwiftxX payment protocol.

PIVX coin supply

PIVX network only allows 2.6 million PIVX tokens to be minted annually. Furthermore, 90% of the minted tokens go to staking wallets and Masternodes; the other 10% go to finance budget plans voted on by stakers.

PIVX does not have a finite coin supply cap like BTC or DASH. At the time of writing, the total circulating supply of PIVX is 67,468,012 units, and it will reach 312 million after 100 years from now. Furthermore, the average block mining time of PIVX tokens is 1 minute, making it faster and better than BTC and DASH.

Current PIVX Price

The current price of PIVX today is USD 0.772866 with a 24-hour trading volume of USD1,364,119 USD. It is also essential to know that PIVX is down 3.73% in the last 24 hours at the time of writing. The token has a current ranking at #611, with a current market cap of USD52,143,756 USD. However, its maximum supply is not available.

PIVX price history

Source: Coinmarketcap

PIVX token first entered the market in February 2016. Back then, it was worth a fraction of a cent and began to rally in 2017. Subsequently, it reached an all-time high of almost USD13 USD in January 2018. The price then declined in the following months. Furthermore, PIVX prices remain steady by mid-2019 at a price of just over 22 cents USD.

Despite the drastic price drop in PIVX, its ROI remained high. A closer look at 2020 of its historical data will show that PIVX is slowly but surely on the rise.

PIVX technical analysis 

Source: Trading View

Source: Trading View

Even though 100% accurate technical analysis for PIVX cryptocurrency is hardly possible, you would see the real-time aggregated PIVX buy-sell rating on the advanced analysis tool by Trading View. Also, the summary for PIVX/USD is based on Moving Averages, Oscillators, and Pivots. Its moving average is in a strong buy zone. According to the moving averages, there may be a bullish trend soon to break its Bollinger band.

PIVX price prediction 2021 to 2025

This section takes a detailed look at the price prediction of PIVX from 2021 to 2025.

PIVX price 2021

Source: Coinmarketcap

Three-month PIVX price chart

At the moment, the price of PIVX is near the lower end of the Bollinger Band, and we may see a breakout soon, even though the bears seem to be at near sight. The highest point PIVX experienced this year, 2021, was USD2.2744 on February 11, 2021. Later on, its price declined, and it hasn’t reached that price mark yet. Instead, PIVX has been on a slow momentum ever since.

PIVX price forecast 2021 to 2025 by Wallet Investor

However, according to Wallet Investor price prediction on PIVX, PIVX is expected to grow from USD 0.8167742132 to USD1.440 in one year. Hence, this makes PIVX a profitable investment. However, the long-term earning potential is 76.30%. Also, the price forecast at the end of 2025 is USD2.898.

If you want to know whether PIVX is a good investment, then take a long-term look at what it will be within five years.

PIVX price forecast 2021 to 2030 by Price Prediction

Source: Pricepredicition.net

The price prediction of PIVX by Price Prediction is that PIVX will reach a maximum price of USD 0.90 by the end of the year 2021. According to the platform, PIVX will attain a minimum price of USD 0.80 before the year ends. Furthermore, the platform’s price forecast in the next five years is as follows with the minimum price in brackets: USD 1.47 as max price (min price at USD 1.27) by the end of 2022, USD 2.21 as max price (min price at USD 1.88) by the end of 2023, USD 3.21 as max price (min price at USD 2.92) by the end of 2024, and USD 5.12 as max price (min price at USD 4.24) by the end of 2025.

PIVX price prediction 2021 to 2024 by Trading Beast

According to Trading Beast, PIVX is forecasted to reach USD1.0952595 by the beginning of December 2021. Furthermore, the expected maximum price is USD1.3690743, minimum price USD0.9309705. The PIVX price prediction for the end of the month is USD1.0952595.

By the beginning of January 2022, the PIVX price is forecasted to reach USD1.0958113. Also, the expected maximum price is USD1.3697641, while the minimum price is USD 0.9314396. The PIVX price prediction for the end of the month is USD1.0958113. By the end of 2022, PIVX is expected to grow by 20.39%; thus, the price will reach USD 0.8584694.

According to Trading Beast, PIVX is expected to maintain steady growth by 2023, and the price of PIVX is expected to increase by 37.58%, reaching USD 0.8584694 around October 2023. Nonetheless, Trading Beast experts suggest that they will be a slight decrease in that price by 8.91% by the end of 2023. By the end of the month, the minimum price of PIVX will be USD 0.7765954.

At the start of 2024, the minimum price of PIVX will be USD 0.8038512, with a price change of 12.73%. By the end of the year, PIVX price will have its minimum price at USD 1.0606721, representing a 48.75% increase.

If you want to know whether PIVX is a good investment, then take a long-term look at what it will be within four years.

PIVX price forecast 2021 to 2024 by Digital Coin Price

According to the Digital Coin Price forecast, the price of PIVX cryptocurrency will rise in the next five years, starting from USD 0.772866 as of today’s price to USD 3.379778. It is also essential to note that the PIVX price will reach $1.43708 by 2022 and continue its growth in 2023-2024. Based on this forecast, PIVX is a profitable long-term investment.

PIVX price prediction 2021 to 2025 by Coin Arbitrage

Based on PIVX historical price data, Coin Arbitrage predicts that the price of PIVX could be USD 2.55353 at the end of the year 2022. According to the forecast platform, the highest level PIVX price would attain is USD 14.9480, and the lowest PIVX price could be USD 0.51495 in the next three years. Furthermore, Coin Arbitrage also forecast that at the end of 2023, PIVX price is expected to be around USD 4.13161 while it could quickly end up at price levels USD 6.68494 at the end of 2024.

In addition, PIVX’s near future price prediction at the end of 2025 would have a remarkable value of USD 10.8162 per PIVX. Also, check PIVX’s future price and its target price data.

Where is PIVX now; will it be the next DASH?

PIVX was among the top 10 cryptocurrencies by market cap in 2017, thanks to its robust blockchain technology. As at that time, PIVX was bigger and better than Zcash.

The significant decline in the rank of PIVX today could be due to an unlucky bug found in one of the Zerocoin protocol libraries called “libzerocoin,” which virtually forced PIVX and various other coins using the same standard library to disable Zerocoin protocol. The Zerocoin protocol was PIVX prominent feature, and without it for two years, it experienced a significant decline. That said, if such an unfortunate incident happened to any project in the middle of a prolonged multi-year bear market, it would have ended – but not PIVX.

Nonetheless, the team behind PIVX has continued to work tirelessly to create a better version of its protocol from scratch. The successful launch of its SHIELD protocol on the mainnet proves that its ecosystem is getting better every day.

Undoubtedly, the future of PIVX looks promising, and it is all set to become a better alternative to DASH due to its exciting feature, which we stated earlier in this article. Also, the PIVX protocol has the upper hand over DASH because it provides better anonymity and has become the only POS currency in the crypto market to use the Zerocoin protocol.

We believe this cryptocurrency is going nowhere, and we will experience a price surge in the following years.

Where can you purchase the PIVX token?

Today, there are lots of exchanges where you can purchase PIVX. However, popular exchanges to buy PIVX include Binance, Bittrex, Changelly, Cryptopia, Crypto-bridge, YoBit, BuyUcoin, Livecoin, and Bitsquare.

Final words  

PIVX projections are somewhat contradictory. There is no universal consensus either about positive or negative future PIVX price movement. Nonetheless, PIVX’s future growth would depend on creating more advanced technological solutions, new announcements, the crypto environment, legal position, and a lot more. We kindly advise that before investing in this cryptocurrency, or any other digital asset, it is essential to do your research.

FAQs

Is PIVX a good investment?

PIVX price is expected to increase in the future. Please note that there is a risk to any investment. Ensure you invest in what you can accomplish, and make sure you conduct diligent research.

How high can PIVX go?