Turtle Coin: Worth Investing Or A Waste Of Money?

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy and fast transactions. It is a fork of Bytecoin and has the same privacy features in all transactions. The TurtleCoin team found that there were many projects with no association with any product that were still raising funds, which could be risky for users. Thus, TurtleCoin was born as a fun project that users could easily engage with. The TurtleCoin v2 development introduced the wTRTL-wrapped token, and during this development phase, a need for a governance token arose, leading to the creation of the gTRTL token. The current price of TurtleCoin is $0.000034 per TRTL, with a 24-hour trading volume of $52.00. The all-time high of TurtleCoin was $0.000946. Based on its historical price movements, the TurtleCoin price prediction for 2025 is estimated to be between $0.0₆6759 and $0.0₅1019. However, according to the TurtleCoin forecast, it is currently a bad time to buy TurtleCoin.

TurtleCoin's price history and future predictions

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy and fast transactions. It was founded on December 9, 2017, by RockSteady and Bebop, with a supply cap of 1,000,000,000,000 TRTL.

Price History:

As of August 2024, the price of TurtleCoin is $0.000034 per TRTL, with a 24-hour trading volume of $52.00. The price has decreased by 0.89% in the past 24 hours and is currently valued at 96.39% below its all-time high of $0.000946.

The highest price paid for TurtleCoin (BTC0.075649) was recorded on April 6, 2021, over three years ago. The lowest price (BTC0.0101023) was recorded on August 5, 2024.

Future Predictions:

According to a TurtleCoin price prediction from August 6, 2024, the price of TurtleCoin is predicted to rise by 25.91% and reach $0.069056 by September 5, 2024. The TurtleCoin price prediction for 2025 is between $0.066759 and $0.051019. Compared to today's price, TurtleCoin could gain 41.61% by 2025 if it reaches the upper price target.

The TurtleCoin price prediction for 2030 is more varied, with sources stating a range between $0.071490 and $0.061433 on the lower end, and between $0.07561 and $0.06941 on the upper end.

Wallet Investor, Trading Beasts, and Digital Coin all predict that TurtleCoin will have a potential ROI of 0% in the coming years.

How to buy and sell TurtleCoin

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy and fast transactions. It is not available on Coinbase. However, you can buy, sell, or trade TurtleCoin (TRTL) on more than 10 exchanges, including TradeOgre, which is the most popular exchange for TRTL. Here is a step-by-step guide on how to buy TurtleCoin from an exchange:

Step 1: Click on "Buy TurtleCoin (TRTL) from Exchange" on the exchange website.

Step 2: You will be redirected to the exchange.

Step 3: Sign up if you do not already have an account with that exchange; otherwise, log in.

Step 4: Check if the exchange supports fiat currency, cryptocurrency, or both.

Step 5: Deposit the supported currency and buy TurtleCoin.

Note that if you are buying from Shapeshift or Changelly, you do not need to create an account. You can directly put the wallet address of TurtleCoin and buy.

To sell TurtleCoin, you can follow a similar process on the same exchanges. Deposit your TRTL tokens and sell them for the desired currency.

TurtleCoin can be traded for other cryptocurrencies, including BTC, ETH, LTC, ETC, XMR, USDT, and BNB. It is also possible to trade TurtleCoin with fiat currencies such as USD, INR, CAD, EUR, and GBP.

How TurtleCoin compares to other cryptocurrencies

TurtleCoin (TRTL) is a privacy-focused cryptocurrency that aims to provide users with a friendly, fun, and easily accessible platform. It is a fork of Bytecoin and therefore has the same privacy features in all transactions.

TurtleCoin's current price is $0.000032-0.000037 per TRTL, with a 24-hour trading volume of $48.58-$56. The circulating supply of TRTL is 0-138.37 billion, with a maximum supply of 133 billion. The current market cap of TurtleCoin is $0, which implies that the asset is not highly valued by the market.

TurtleCoin's all-time high was $0.000946, and it is currently valued at 96.39%-99.09% below that. The highest price paid for TurtleCoin was recorded on April 6, 2021, over three years ago. The price has decreased by 0.18% in the last hour, 0.89% in the past 24 hours, and 16.65% in the last year.

When compared to other cryptocurrencies, TurtleCoin's price performance is underwhelming. With a price increase of 0.00% in the last 7 days, TurtleCoin is underperforming the global cryptocurrency market, which is up 4.60%. It is also underperforming similar privacy coins, which are up 8.20%.

TurtleCoin's 50-day and 200-day simple moving averages (SMAs) are also bearish indicators, with the 200-day SMA dropping in the next month to $0.051186 by September 5, 2024. The Relative Strength Index (RSI) is another tool used to predict price movements, and TurtleCoin's RSI of 27.58 indicates that the market is oversold and the price will decrease.

Overall, TurtleCoin's price history and technical indicators suggest that it is not a good investment at this time. However, it's important to consider both technical factors and fundamental factors, such as on-chain activity and development, before making any investment decisions.

How TurtleCoin's price is calculated

TurtleCoin (TRTL) is a cryptocurrency that facilitates users with easy and fast transactions. It is a fork of Bytecoin and therefore reflects the same privacy features in all transactions. The price of TurtleCoin is calculated in real-time by aggregating the latest data across 1 exchange and 1 market, using a global volume-weighted average formula.

The price of TurtleCoin is influenced by various factors, including its circulating supply, market demand, and the performance of other cryptocurrencies. The price is calculated by multiplying the current price by the circulating supply, which refers to the total number of coins that are available in the market and are tradeable by the public. This is similar to the stock market's measurement of multiplying the price per share by the shares readily available in the market.

The market capitalization of TurtleCoin is another factor that influences its price. Market capitalization is calculated by multiplying the current price of TurtleCoin by the circulating supply of TRTL tokens. A high market capitalization indicates that the asset is highly valued by the market.

The fully diluted valuation (FDV) of TurtleCoin is also important in understanding its price. The FDV is calculated by multiplying the current price by the total supply, including the maximum number of coins that can exist in the lifetime of the cryptocurrency. This provides a theoretical representation of the maximum market capitalization, assuming all tokens are in circulation.

The trading volume of TurtleCoin is another factor that can impact its price. A higher trading volume indicates increased market activity and can influence the price of TurtleCoin.

Additionally, the performance of other cryptocurrencies in the market, particularly privacy coins, can also impact the price of TurtleCoin. Comparing the price changes of TurtleCoin to the overall cryptocurrency market and specific privacy coins can provide insights into its relative performance.

TurtleCoin's market cap

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy and fast transactions. It was founded by RockSteady and Bebop on December 9, 2017, with a supply cap of 1,000,000,000,000 TRTL.

TurtleCoin is a fork of Bytecoin and, therefore, reflects the same privacy features in all transactions. The TurtleCoin v2 development introduced the wTRTL-wrapped token, which has the same value as the original token. The whitepaper explains that the wTRTL was brought to provide community users with trading opportunities until the TurtleCoin v2 development was finalised.

The market capitalization of TurtleCoin (as of August 2024) is BTC2.8255, and it is ranked #3800 on CoinGecko. Market cap is measured by multiplying token price with the circulating supply of TRTL tokens (140 Billion tokens are tradable on the market today). The fully diluted valuation (FDV) of TurtleCoin is BTC2.8270. This is a statistical representation of the maximum market cap, assuming a maximum number of 140 Billion TRTL tokens are in circulation. Depending on how the emission schedule of TRTL tokens is designed, it might take multiple years before FDV is realized.

The price of TurtleCoin has decreased by 0.18% in the last hour and decreased by 0.89% in the past 24 hours. The current price is $0.000034 per TRTL with a 24-hour trading volume of $52.00. The all-time high of TurtleCoin is $0.000946. This all-time high is the highest price paid for TurtleCoin since its launch. The current circulating supply of TurtleCoin is 0 TRTL, which means that TurtleCoin has a total market cap of 0.

Frequently asked questions