iExec (RLC) Price Prediction 2023, 2025, 2030
Does it interest you to know the iExec RLC price prediction? For most people, the answer is yes. So, without further ado, in this article we’ll dive into the latest iExec price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment.
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Before getting deeper into the RLC coin price prediction and discussing numbers that might get you bored for no reason at all, let’s have a look at the basic introduction of this currency.
iExec (RLC) Overview
| Cryptocurrency | iExec |
| Ticker Symbol | RLC |
| Rank | 257 |
| Price | $1.23 |
| Price Change 24H | +0.69% |
| Market Cap | $89,242,727 |
| Circulating Supply | 72,382,548 RLC |
| Trading Volume | $2,913,789 |
| All Time High | $16.26 |
| All Time Low | $0.1488 |
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What is iExec?
iExec (RLC) is a leading provider of blockchain-based decentralized computing. The iExec RLC decentralized marketplace connects resource providers with resource users. This enables anyone with the computing resource to monetize and rent out computing powers to those who need those resources, whether it be for complicated calculations or handling large data sets.
The CEO and co-founder of the iExec RLC project, Gilles Fedak, was a researcher in parallel and distributed systems and knows how cloud computing works. This knowledge, combined with the cryptocurrency market model, allowed the founder to find a new way of creating a solution for a problem that has existed for decades now.
The iExec ecosystem includes four main values it strives to deliver. This is decentralization, innovation, creating a sustainable environment, and freedom to create, innovate, and contribute to creating a better world. By aiming to provide decentralized applications running on blockchain networks with computing power, the blueprint of iExec RLC was definitely headed to become a useful tool in the blockchain computing space.
The iExec network leverages research technologies developed by the INRIA and CNRS research institutes in Desktop Grid computing. The idea of Desktop Grid, also known as Volunteer Computing, is to collect computing resources that are not utilized, to execute large parallel applications at a lower cost when compared to a traditional supercomputer.
The iExec RLC also relies on XtremWeb-HEP, which is an open-source Desktop Grid software. This software implements a layer of necessary features, including fault tolerance, multi-users, hybrid infrastructures, public structures, multi-applications, data management, and accountability. It also deploys virtual images in addition to the above features. The project also aims to create a new and improved Proof of Contribution (PoCo) protocol.
This will enable off-chain consensus, and external resources will have the certified usage resources on the network itself. The iExec RLC creates a secure infrastructure that can promote distributed governance and provide a high-performance and scalable network. It won’t be a big surprise in the coming years if every DeFi application out there starts to use the iExec RLC resources for their own computations.
What Are the Advantages of iExec (RLC)?
The iExec RLC token is used for payment for using the cloud-computing resource. The current limitations of blockchain computing can be overcome using the benefits of the iExec RLC. It allows virtual cloud infrastructure that provides high-performance computing services on demand. The distributed cloud drastically reduces the environmental carbon footprint of the data centers and enables the network to run cost-effectively while simultaneously providing high performance.
The traditional cloud infrastructure is limited and cannot fulfill the requirements of dApps that need a fully decentralized cloud infrastructure. The computing power required to run big data applications is mainly provided by HPCs or High-Performance Computing infrastructures; however, these are complex and expensive.
This means that innovative small businesses can’t use the expertise to acquire HPXs, while traditional cloud infrastructures such as AWS are expensive for demanding computations like GPU rendering. Thus traditional cloud services offered are essentially useless for the dApps. There is a need for a new mechanism to turn decentralized applications into a profitable investment or venture, and this is where the iExec network can be beneficial.
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Current iExec Price
At the time of writing, iExec is trading at $1.23 with a market capitalization of $89,242,727, ranking #257 amongst all cryptocurrencies by that metric. In the past 24 hours, the RLC coin price has increased by 0.69% with a trading volume of $2,913,789.
Now let’s move on to the RLC coin price prediction for 2023 and beyond.
RLC Price Prediction 2023, 2025, 2030
We’ve covered most of the important things you need to know about iExec before considering its price prediction. If you are really interested in investing in the coin, this is the time to be more attentive. Do note, however, that predictions are not a substitute for your own research and due diligence.
Below pulls together our RLC price prediction for 2023, 2025 and 2030, ensuring you have a rough idea of the coin’s future value potential:
| YEAR | MINIMUM PRICE | MAXIMUM PRICE |
| 2023 | $1.46 | $2.02 |
| 2025 | $3.35 | $3.84 |
| 2030 | $7.65 | $8.39 |
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iExec Price Prediction 2023
If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, iExec might see impressive growth throughout 2023.
As per our iExec price prediction 2023, iExec coin is expected to reach a possible high of $2.02 by the end of 2023. On the flip side, if the project fails to commit to its expectations, the price might slip down to $1.46, with an average price of $1.55.
iExec Price Prediction 2025
iExec looks well-positioned to reach its full potential in the coming years. If iExec manages to attract investors and whalestats with its developmental and community-building initiatives, iExec price might experience a significant increase in 2025.
Our iExec price prediction 2025 forecasts that at the very highest, iExec price may reach $3.84 by 2025. The minimum price could be $3.35, with an average price of $3.47.
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iExec Price Prediction 2030
The iExec ecosystem is actively growing with new users and will remain viable in the long term. Our iExec price prediction 2030 forecasts that iExec is expected to trade between $7.65 and $8.39 in 2030.
In closing, please know the forecast figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.
FAQs
Can iExec RLC reach $100?
No. Our RLC coin price prediction sees no possibility for iExec RLC to reach $100 in the near future. While iExec RLC price may experience some upward movement, reaching such a significant milestone of $100 is unlikely based on current conditions.
Where can I buy iExec (RLC)?
Notable options for purchasing iExec RLC include Binance, BTCC and Coinbase. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of RLC. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.
In order to trade RLC/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade RLCUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps.[TRADE_PLUGIN]RLCUSDT,BTCUSDT[/TRADE_PLUGIN]
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.
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Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading RLC now.
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