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Telcoin: The Future of the Dark Horse of Cryptos


The cryptocurrency world famously has its ups and downs, and May 19 was not a good day. However, investors remain optimistic. Most cryptocurrencies already bounced back and recovered some of the losses after a major sell-off. Telcoin is one of them.  Experts and traders shared their thoughts and made their forecasts. In this Telcoin price prediction, we’ll figure out what the recent turmoil means for the future of the coin.

What Is Telcoin (TEL)? 

Telcoin is an ERC-20 Ethereum-based decentralized crypto that first came into the scene in July 2017. The project is run from Singapore with the goal of bridging cryptocurrency, blockchain, and telecommunication. TEL is used for payments within the system.

The project aims to build a sustainable ecosystem with high-speed, low-cost digital remittances to mobile platforms and e-wallets. As for more specific goals, Telcoin tries to foster partnerships with telecom giants like Verizon and AT&T and move Western Union as the only leader in the remittance market. 

As soon as a new operator connects with Telcoin, they can start issuing TEL tokens. The more TEL token traffic these operators have, the more incentives they receive from Tecloin. 

Technical Info

At the time of launch, 25% of the TEL tokens were crowd-sold to investors, 15% - kept by the Telcoin Team, and 5% - kept for the liquidity fund. Since it’s a proof-of-concept model, there are also no validators on the network. Telcoin partners that are integrated into the network serve as the equivalent of validators. The system also supports integration into existing telecom mobile money wallets as well as the proprietary wallet. 

Before any transaction is completed, it needs at least two private keys, which is a multi-signature crypto security model. It’s up to users to set this requirement before a transaction.

The Team Behind Telcoin

Paul Neuner and Claude Eguienta are the two co-founders of Telcoin. With an MS in Computer Science, Claude had been working for startups and large tech companies for a decade. More recently, his focus turned to distributed systems. Paul Neuner had worked in the telecommunication field for 12 years before becoming Telcoin's chairman. One of his tech ventures was Mobius, a startup to integrate fast and free mobile payments into apps and businesses. Pangea, a Japan-based software mobile application development company, is also worth mentioning. 

The specialists that comprise the advisory team come from different backgrounds, also with extensive experience in their respective fields. For example, business and corporate development, full-stack programming, UI/UX design, telco consulting, and blockchain research.

Factors That Affect Telcoin’s Price Changes

With general info covered, let’s look at major factors that have a great effect on price projections. Later in the article, we’ll also correlate these factors with Telcoin price predictions.

Telcoin 2.0 60-80

At the start of the year, the team shared their plans for the unofficial Telcoin 2.0. Each new stage brings the coin closer to wider adoption and higher token price.

Summer Roadmap for July-September:

The Autumn roadmap for October-December includes:

New Remittance Corridors

Currently, remittances to the Philippines are done through mobile applications with Gcash as the main partner. Additional corridors are also in the works, the biggest one being US-Mexico. Telcoin notes that the average cost of sending a remittance is 7% globally. But with Telcoin’s service and the company’s mobile application, the cost is reduced to as low as 2.5%. This makes a very strong case for a bullish projection.

Nebraska can soon become the second state after Wyoming to accept crypto deposits through state-chartered banks.

This news establishes a crypto and digital asset banking framework for the entire state of Nebraska, which could indeed be very good for Telcoin. It pushes them beyond the traditional remittance business as they are also seeking to acquire a digital banking license.

Regulatory Changes

If Telcoin plans to cash in on remittance corridors with China, it relies on the Chinese government warming up to cryptocurrency. For a long time, Chinese authorities have been concerned about the speculative nature of cryptocurrencies. So, Telcoin’s growth is massively limited unless financial institutions in the region are allowed to handle crypto transactions.

Volatility of Bitcoin and Ethereum

When BTC and ETH, the largest cryptocurrencies by market cap, increase in value, other digital tokens tend to go up as well. Similarly, when BTC and ETH decline, other players are likely to go down shortly after.

Telcoin (TEL): Overview of Past Performance

The ticker TELCOIN first became available on December 11, 2017, and the ICO lasted until December 30. The only two accepted forms of payment were BTC and ETH, and 1 TEL went for 0.00000181648490 ETH. The token became transferable right after ICO.

For a few years after that, nothing significant happened with the price. The only exception was during the 2018 crypto bubble. The price briefly broke above the $0.01 range on January 20 but fell to $0.001 in a matter of a few months. 

For the rest of 2018, as well as 2019 and 2020, the average price was around $0.0003. Even the seemingly minuscule rise to $0.00047 on August 30, 2020, was considered huge compared to any other price movements throughout the year. But taking into account the pandemic-triggered drop to $0.000077 on March 16, it’s an impressive recovery. 

Telcoin’s Current Standing: Price Changes in 2021

In 2021, Telcoin picked up momentum. A scroll of Telcoin’s news feed shows that one of the biggest changes was the launch of an upgraded protocol. This allowed money transfers between the Philippines and Canada, which was a big first step. Shortly after the launch, the price grew from $0.003 to $0.008. 

Another contributing factor to the rising price was the iOS and Android mobile apps for users in participating jurisdictions. Mobile users open up doors to wider adoption since transactions become much more accessible.

Back in February, Telcoin CEO Paul Neuner appeared before the Nebraska state legislature to discuss potential benefits that crypto could bring to the fintech space. Finally, on May 21, the bill moved to the governor's desk, where it will invariably be signed into law. The news triggered a relatively steep rise from $0.022 on May 19 to $0.039 on May 21. 

The listing on the decentralized exchange QuickSwap has also added a dose of rocket fuel after a period of trading sideways. But the biggest difference it made was not the price itself but an increase in daily transaction volume, racing well above $200,000,000 in May. At the time of writing, Bitcoin is fighting uncertain conditions, and the picture for altcoins seems similarly grim. Among the biggest drops was Telcoin, which had previously booked significant gains. TEL briefly lost sight of a third of its price before recovering.

Short-Term TEL Price Prediction for 2021

According to the Telcoin price prediction from Wallet Investor, the coin will fully recover from the recent Bitcoin fiasco. Although it won’t be nearing its all-time high of $0.0649 (May 11, 2021), the slow rise is great news for both traders and investors. 

Month

Average Price

Minimum Price

Maximum Price

June 2021

0.0331

0.0288

0.0374

July 2021

0.0349

0.03052

0.0392

August 2021

0.0362

0.0319

0.04066

September 2021

0.0371

0.0330

0.0415

October 2021

0.0379

0.0339

0.0423

November 2021

0.0385

0.0342

0.0427

December 2021

0.0387

0.0342

0.0432

One of the most dramatic spikes in the history of Telcoin was after Cointelegraph’s Markets Pro member suggested adding the cryptocurrency to the platform. One of the functionalities provided in the members’ dashboard is the VORTECS™ score - an algorithmic metric derived from historical analysis. For the rest of 2021, the algorithm already has clear confidence in bullish conditions for the TEL token.

The VORTECS™ score confirms the rising momentum projected by Wallet Investor. Although the proprietary formula is unknown, we know that it also takes into account sentiment analysis, tweet and trading volume, and price action. 

TEL Price Prediction for 2022 

Moving on to the Telcoin price prediction for 2022, Gov Capital estimates a similarly positive picture as we saw for 2021. As the TEL price starts the year at an average of $0.0380, it might end up at around $0.0427 by the end. 

Month

Average Price

Minimum Price

Maximum Price

January 2022

0.0380

0.0323

0.0437

February 2022

0.0391

0.033235

0.044965

March 2022

0.04013

0.0341105

0.0461495

April 2022

0.0423

0.035955

0.048645

May 2022

0.0423

0.035955

0.048645

June 2022

0.0415

0.035275

0.047725

July 2022

0.0421

0.035785

0.048415

August 2022

0.0412

0.03502

0.04738

September 2022

0.0423

0.035955

0.048645

October 2022

0.0416

0.03536

0.04784

November 2022

0.0426

0.03621

0.04899

December 2022

0.0427

0.036295

0.049105

The remittance flows in the context of global growth alone can justify the positive prognosis. More specifically, the remittance flows to low- and middle-income countries are expected to increase to $565 billion in 2022. However, the outlook for remittances remains uncertain. As nations make significant progress in vaccinating their populations, the picture will clear out. But to solidify its position and grow in price, Telcoin needs to tap into the top remittance corridors of the world:

Another piece of information that confirms the huge potential of crypto in 2022 is the number of unbanked populations worldwide. According to longtime Telcoin community ambassadors, the project will give access to a suite of financial products to the unbanked (around 15% of global adults in 2022).

Telcoin Price Forecast for 2023-2025 

The next two forecasts come from Digital Coin Price. This source projects significant fluctuations for the coin based on historical price movements. 

Month

Average Price 

Change

January 2023

$0.08638552 

139.86%

February 2023

$0.06859052 

90.45%

March 2023

$0.06931359 

92.46%

April 2023

$0.08149679 

126.29%

May 2023

$0.08990560 

149.64%

June 2023

$0.06309369 

75.19%

July 2023

$0.07119944 

97.7%

August 2023

$0.08819223 

144.88%

September 2023

$0.07247430 

101.24%

October 2023

$0.08752754 

143.03%

November 2023

$0.08563220 

137.77%

December 2023

$0.08628404 

139.58%

After a relatively short setback in the beginning of 2024, the coin might have a rocky year, moving up and down in a $0.08-$0.11 range.

Month

Average Price

Change

January 2024

$0.07987419

102.49 %

February 2024

$0.11318829

186.95 %

March 2024

$0.11102433

181.47 %

April 2024

$0.08382360

112.51 %

May 2024

$0.10330174

161.89 %

June 2024

$0.11187849

183.63 %

July 2024

$0.09363710

137.39 %

August 2024

$0.09544653

141.97 %

September 2024

$0.11747713

197.82 %

October 2024

$0.11541697

192.6 %

November 2024

$0.11184255

183.54 %

December 2024

$0.11355285

187.88 %

Moving on to the Telcoin price prediction for 2025, we have a forecast from Digital Coin Price once again. This source expects the coin to finally break into the $0.1 range. Although it’s not a lot compared to major players, it’s an improvement for this particular asset. 

Month

Average Price 

Change

January 2025

$0.12431319 

245.17%

February 2025

$0.11276890 

213.12%

March 2025

$0.09763300 

171.09%

April 2025

$0.10221543 

183.82%

May 2025

$0.12344533 

242.76%

June 2025

$0.10470450 

190.73%

July 2025

$0.09528008 

164.56%

August 2025

$0.11586416 

221.71%

September 2025

$0.11481617 

218.8%

October 2025

$0.09586419 

166.18%

November 2025

$0.10786861 

199.51%

December 2025

$0.11655134 

223.62%

Long-Term Telcoin Price Forecast for 2030 

Unfortunately, the accuracy of 2030 forecasts isn’t nearly the same as shorter-term ones. It’s very hard to predict the direction of the crypto market in 10 years. Judging by unprecedented ups and downs over the last 10 years, the community should brace itself for more surprises. But if you assume that the market will not be significantly disrupted in the next decade, we have the following Telcoin price prediction.

Period

Possible Price

Start of 2030

$3.2208

End of 2030

$3.9706

In the Deutsche Bank report, the analysts explored the question of whether cryptocurrencies will “take centre stage and usurp cash”. Essentially, cryptocurrency can potentially replace the current cash status quo. And since the unbanked rely on cash, Telcoin has an opportunity to expand inside this sector. 

For the coming 10 years, Telcoin, as well as other cryptocurrencies, need to overcome three main hurdles: 

If Tecloin finds a solution to these problems, it won’t stay in the shadows for long. 

Technical Analysis of Telcoin

Having looked at what others think of Telcoin’s future direction, it might be the perfect time to do the technical analysis yourself. As the first step, take a look at the price chart to gauge the overall trend. This part doesn’t require any tools or specific skills - just the ability to differentiate between price directions. 

Now is the more complex part - technical indicators. Below is the summary based on the most popular technical indicators - Moving Averages, Oscillators, and Pivots - on a weekly chart.

Diving into more details, let’s see the metric for some of the oscillators:

As for moving averages, these indicators are unanimous. For the purposes of this article, let’s look at 50-day and 100-day moving averages as they are the most common for identifying significant and overall trends:

Turning back to the chart, we can assess whether certain patterns are forming. 

If the Nebraska crypto Bill wouldn’t pass, we could see the head and shoulders pattern come into effect and a move to the downside. But since it didn’t happen, we can assume sideways consolidation as a bare minimum and even an uptrend. S1, S2, S3 & S4 are key support levels to Buy.

Telcoin Price Predictions by Analysts and the Trading Community 

Harry Newman, Head of Banking at SWIFT, and Olivier Denecker, Partner at McKinsey & Company, shared their vision for cross-border payments, which Telcoin has set its foot in. They say that even though remittance corridor flows account for only 1/6 of total transaction values, they are increasing by 6% annually. They also pointed out that distributed ledger technology and network innovations further accelerate the growth. Such a positive outlook on a sector Telcoin is operating in from firms like McKinsey makes for a hopeful forecast. 

We also found a couple of opinions that many traders seem to agree with. For example, below is the Telcoin price prediction that a Twitter user recently shared.

Speaking of strong fundamentals, another Twitter user also shares his positive views that rely on remittance flow and partner markets. The following forecast doesn’t include the same shockingly high values. It is more in the line of historical price-based tables we’ve looked at in the previous sections. 

Is Telcoin a Good Investment or Trading Asset?

Telcoin crypto has never been a beneficiary of the various crypto booms. So far, it has kept its head down and consistently focused on the current projects at hand. This fact alone characterizes digital currency as relatively stable. By partnering with mobile phone services, Telcoin aims to distribute its tokens to telecom providers for free. If they are passed on to user bases, it can lead to increased adoption. 

However, working on remittance corridors is not a simple task. In particular, there are regulations to overcome, considering some countries aren’t welcoming towards crypto transactions. But there have been some breakthroughs worth noting, such as the Nebraska bill.

Overall, potential investors should have no problem acquiring Telcoin. Bitcoin and Ethereum are the available pairings, and there is enough liquidity in both to support a trade. Taking into account the positive outlook for the coin, it might generate some gain over the long term. 

But there is another way to get your hands on some telcoins. Instead of taking ownership of the financial product, you can take a shorter-term outlook and trade on margin with CFDs. As opposed to holding the underlying asset, a CFD is traded on margin, which allows the investor to buy or sell a number of CFDs with extra leverage. Additionally, while you can hold your CFD position for weeks, months, or even years, you can also capitalize on bearish conditions. 

To ease your way into financial markets, consider opening a Libertex demo account. It’s a free, hands-on way to explore assets and test your manual or automated strategies before you commit any of your own money.

Why to trade with Libertex?

FAQ 

Is Telcoin a Good Investment in 2021?

Telcoin is trying to figure out a way to make remittances a whole lot easier and cheaper. Most recently, the Nebraska legislature signified an incredible milestone that placed a spotlight on the coin. Combined with all the positive forecasts, it may be a good asset to invest in. 

Is Telcoin Worth Buying?

After a recent period of turbulence, the TEL price is lower than it was at the beginning of May. So, this asset can be a good contestant for a buy low sell high strategy. Additionally, the efforts to break into the remittance market seem to start paying off. 

What Will Telcoin Be Worth in 2025?

By 2025, Telcoin might comfortably sit above the $0.1 mark. However, there might not be noticeable price changes over the course of the year. The price might not go much higher than $0.12. 

What Will Telcoin Be Worth in 2030?

Assuming Telcoin fulfills its remittance plans while also staying relatively in the shadows, the coin might be priced at around $3. On the other hand, there are different scenarios where Telcoin surges way higher than expected or where it doesn’t move higher than its current price. It will ultimately depend on the health of the crypto market.

Can Telcoin Reach $1?

Yes, but Telcoin might take a long time to do so. Based on the more conservative forecasts, it won’t be until the end of 2025 when TEL finally surpasses the $1. Of course, there are forecasts that expect the price to reach the $1 threshold earlier, but it’s safer to assume a slow but steady growth. 

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 65.2% 74 $60 335.69 -1.25% -1.01% $1 137 507 932 415 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 59 $4 030.06 -1.31% 5.72% $475 786 019 548 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 69.2% 62 $474.52 -1.28% 1.85% $79 149 889 886 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 90.4% 13 $2.12 -1.73% -1.58% $69 655 191 496 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 96% 1 $1.000502 -0.01% 0.05% $69 609 054 760 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 69.2% 56 $190.80 -3.81% 18.73% $57 421 911 660 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 73.2% 49 $1.078861 -0.85% -3.86% $50 648 592 354 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 60.4% 82 $42.19 -3.42% 1.79% $41 670 216 981 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 68.8% 60 $0.255430 3.67% 8.21% $33 672 761 779 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000548 -0.03% 0.06% $32 583 516 990 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 66.4% 63 $40.90 -4.44% 11.32% $16 419 803 112 LUNA 7 days price change
12 SHIBA INU (SHIB) SHIB SHIBA INU predictions 54.4% 92 $0.000041 24.31% 59.38% $16 011 554 148 SHIB 7 days price change
13 UniSwap (UNI) UNI UniSwap predictions 79.6% 43 $25.76 -2.39% -2.03% $15 758 219 755 UNI 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 70% 61 $63.71 -2.56% 13.02% $14 034 795 800 AVAX 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 75.6% 50 $29.75 -3.41% 11.29% $13 715 227 505 LINK 7 days price change

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