Tvk Crypto: Is It A Smart Investment Decision?

is tvk crypto a good investment

Terra Virtua Kolect (TVK) is a cryptocurrency with a current price of $0.0525 USD. It is difficult to determine if TVK is a good investment as sources give conflicting information. Some sources predict that the price of TVK will increase in the future, with one source giving it a potential profit of +367.3% and another source predicting its price to reach $0.531145 by 2025. However, other sources predict that the price of TVK will decrease, with one source stating that it is a bad, high-risk 1-year investment option. Ultimately, the decision to invest in TVK depends on your individual risk tolerance and investment goals. It is important to conduct thorough research and due diligence before investing in any cryptocurrency.

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TVK's price history and future predictions

As of 27 September 2024, the price of Terra Virtua Kolect (TVK) is 0.0525 USD. In the past 24 hours, the price of TVK has increased by 2.510%.

2024 Predictions

According to some experts, the price of TVK is expected to reach $0.28313146110656945 in 2024. However, there are divergent opinions on TVK's price predictions for 2024. TradingBeast expects an upturn towards $0.2145, and WalletInvestor predicts the price to reach ~$0.2268 by the end of the year. On the other hand, PricePrediction.net is more pessimistic, forecasting a decrease to $0.1108 in December.

2025 Predictions

WalletInvestor forecasts TVK's price to go down to $0.1547 by December 2025, while PricePrediction.net expects a further decrease to ~$0.1301. In contrast, TradingBeast predicts continued growth, with prices reaching ~$0.2883. According to TechNewsLeader, TVK can go as high as $0.1189 in 2025.

2026 Predictions

Predictions for 2026 are predominantly positive, with TradingBeast and PricePrediction.net predicting prices in the $0.2268–$0.2708 range. WalletInvestor, however, takes a different view, citing the possibility of the price reaching $0.1705 in December 2026.

2027 Predictions

TradingBeast and WalletInvestor have optimistic forecasts for 2027, with TradingBeast valuing TVK at $0.1916 and WalletInvestor at $0.2391 by the end of the year. Meanwhile, PricePrediction.net predicts a decrease to $0.16.

2030 Predictions

Long-term predictions for 2030 vary significantly. TradingBeast and WalletInvestor express optimism, with TradingBeast forecasting a price of $0.2127 and WalletInvestor predicting an uptrend to $0.3094. In contrast, PricePrediction.net predicts a downfall to $0.1688.

2040 and 2050 Predictions

TechNewsLeader predicts that in 2040, TVK will reach a minimum trading price of $41.16 and a maximum of $48.87. By 2050, they expect TVK to reach an average price of $61.16.

Overall Analysis

The future growth of TVK depends on various factors, including new technological solutions, the crypto environment, legal position, and more. While some analysts predict positive price movements, others are pessimistic, highlighting the low market cap and the potential for price manipulation. It is important to conduct thorough research and consider multiple factors before making any investment decisions.

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TVK's market cap and trading volume

The market cap of Terra Virtua Kolect (TVK) is a measure of the total value of the cryptocurrency, calculated by multiplying the current price of TVK by its circulating supply. As of September 2024, TVK had a market cap of $1.991 trillion, with a price of $0.1029 and a circulating supply of 170 million tokens. This market cap places TVK at #979 on CoinGecko's rankings.

TVK's market cap has seen significant fluctuations since its launch. The highest market cap TVK achieved was $1.22, which was also its all-time high price. At this peak, TVK's market cap was valued at $1,531,181,181.181. However, TVK's price has also experienced a decline, with a recorded low of $0.066030 in September 2023.

The 24-hour trading volume of TVK provides insight into the market activity and liquidity of the cryptocurrency. As of September 2024, TVK had a trading volume of $358,921.54 in the last 24 hours, representing a 459.50% increase from the previous day. This surge in trading volume indicates a recent rise in market activity and interest in TVK.

TVK's trading volume and market cap are influenced by various factors, including its use cases, partnerships, and overall market sentiment. TVK serves as the utility token of the Virtua metaverse, where users can purchase virtual land and access exclusive features. The project has also formed brand partnerships with notable entities such as Legendary Entertainment and Paramount Pictures. These factors contribute to the demand and value of TVK, impacting its market cap and trading volume.

It's important to note that the cryptocurrency market is highly volatile, and TVK's market cap and trading volume can change rapidly. Investors should carefully consider their risk tolerance and conduct thorough research before making any investment decisions.

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Factors influencing TVK's price

The price of Terra Virtua Kolect (TVK) is influenced by a variety of factors, including:

Market Volatility

TVK and other cryptocurrencies have experienced high price volatility in the past. This means that sharp price increases and drops can occur within short periods, presenting both risks and opportunities for investors.

Bitcoin's Price Moves

TVK tends to follow Bitcoin's price movements due to the latter's dominance in the crypto market, accounting for over a third of the total market cap.

Competitive Landscape

The development of more advanced technologies by existing competitors or the entry of new ones can impact TVK's market position and price.

Global Economic Events

Economic instability or crises can drive people towards cryptocurrencies as an alternative to fiat currency, increasing demand for TVK. Conversely, strong economic growth can also lead to increased crypto investment as individuals and companies seek new profit opportunities.

Government Regulations

Government policies that encourage the development and use of cryptocurrencies can boost TVK's exchange rate, while restrictive policies or bans can lead to price drops.

Supply and Demand

The market's supply and demand for TVK influence its asset value. Increased adoption can lead to higher demand and positively impact its price.

Whale Activity

Large holders of TVK can significantly impact its price. For example, a single large sell order from a whale can cause a substantial drop.

Institutional Adoption

The influence of large institutions adopting or investing in TVK cannot be understated. Their involvement can increase demand and positively impact its price.

Newsmakers and Endorsements

Endorsements from celebrities and newsmakers, such as billionaire entrepreneurs, can significantly affect the value of TVK. Their support can lead to increased attention and demand for the cryptocurrency.

Technical Analysis

TVK traders use technical indicators like RSI, Moving Averages, and the MACD to predict price trajectories. These tools help identify trends, supply and demand dynamics, and potential reversals in the market.

Fundamental Analysis

Fundamental analysis examines economic, financial, political, and social factors that influence TVK's price. This includes interest rates, GDP, manufacturing data, unemployment rates, and other indicators that can provide insights into potential price movements.

On-Chain Activity

On-chain data, such as the number of active and new addresses and transaction counts, can provide valuable information about the demand for and usage of TVK.

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TVK's safety rank and expected profit

As of August 8, 2024, TVK has a safety rank of 3.4/10 and an expected profit of +367.3% with the price moving to $0.979075. The ranking factor for this cryptocurrency is User Voting. The nature of crypto assets is wavy, meaning there is a strong opportunity for TVK to hit an all-time high value again in the future.

TVK's current price is $0.209532, with a 24-hour trading volume of $358,921.54. This represents a 459.50% increase over the previous day. The highest price paid for TVK was BTC0.00002151, recorded on March 15, 2021, and the current price is 91.50% lower than this all-time high. The lowest price paid was BTC0.066030 on September 13, 2023, and the current price is 486.00% higher than this all-time low.

TVK has a market cap of BTC335.7420 and is ranked #979 on CoinGecko. Its fully diluted valuation (FDV) is BTC2,302.5228, and it has a circulating supply of 170 million TVK tokens.

Wallet Investor predicts that TVK is a bad long-term (1-year) investment. Due to its low market cap, TVK's price can be easily manipulated. Their analysis suggests that TVK is not a good investment for making money, and it may be best to look for other projects to build a portfolio.

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TVK's price predictions for 2024-2030

According to Wallet Investor, Terra Virtua Kolect (TVK) is a bad long-term (1-year) investment option. It predicts that the price of TVK will drop from 0.0525 USD to 0.01058 USD, a change of -79.852%. It also predicts that TVK will not hit 1, 5 or 10 USD within a year.

However, TradingBeast predicts an upturn in 2024, with the price of TVK reaching $0.2145, and Wallet Investor echoes this with a prediction of ~$0.2268 by the end of the year. PricePrediction.net is more pessimistic, citing numbers downwards of $0.1108 in December 2024.

CoinCodex predicts that the price of TVK will rise by 228.50% and reach $0.355752 by October 23, 2024. It also predicts that by 2030, the price of TVK will be between $0.273916 on the lower end and $0.44413 on the high end. That means that compared to today’s price, TVK could gain 310.36% by 2030 if it reaches the upper price target.

PricePrediction.net predicts that the average price of TVK in 2030 is expected to be $0.5234, with potential variance between $0.5052 and $0.6159.

It is important to note that predicting something so precisely is completely impossible, and these predictions should be taken as suggestions from market experts and analysts.

Frequently asked questions

The determination to invest in Terra Virtua Kolect (TVK) is entirely contingent on your individual risk tolerance. TVK's value has experienced a fall of 0% in the past 24 hours and a decline over the past 30 days. Whether or not to invest will depend on whether this investment aligns with your trading aspirations.

The current price of TVK is $0.0489 to $0.1088 USD.

According to one source, the price of TVK will be between $0.531145 and $0.177051 in 2025. Another source predicts the price to be in the range of $0.11839339661522844 to $0.3777195920525048.

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