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Zebec Protocol price prediction: Can it settle for more?

By Capital.com Research Team

10:00, 6 August 2022

Zebec Protocol price prediction: Can it settle for more? Technical price graph and indicator, red and green candlestick chart on blue theme screen, market volatility, up and down trend.
Technical price graph and indicator, red and green candlestick chart on blue theme screen, market volatility, up and down trend. Stock trading, crypto currency background . Photo: Zakharchuk / Shutterstock.com

Cryptocurrencies were initially designed to avoid the pitfalls of traditional finance, whether that’s cross-border fees or inaccessibility. Zebec Protocol was developed with a specific goal in mind, to give users instant settlements over their funds. 

Currently, Zebec Protocol’s main utility is for companies paying their workers’ salaries. But this clear use case has not always translated into bullish activity for its ZBC token. 

What is Zebec Protocol (ZBC)?

The Zebec Protocol was designed to become the go-to settlement platform for all crypto needs, whether that’s payroll, cash flow or peer-to-peer. Built on the Solana blockchain, the platform is looking to position itself to developers wishing to create decentralised applications.

Its website says:

“Zebec Protocol stands as a modular money, layer, upgradeable and extensible through governance. Our aim is to strive for a DeFi revolution. Bring change in the Web3 digital economy.”

As it is a new protocol, Zebec currently only has one application titled Zebec Pay. This is a payroll focused app that allows users to be paid immediately in stablecoins, including USDC.

There are certain uses for this application. Users can automatically invest a portion of their salary in cryptocurrency through dollar cost averaging or earn yield through Zebec’s decentralised finance (DeFi) products. But, they can also cash out into fiat currency without any charge. 

Sam Thapaliya is the founder behind Zebec Protocol. He has previously been an angel investor for startups and co-founded the video conference platform ASMI.

The ZBC token

ZBC is the protocol’s governance and utility token that was designed with various purposes in mind. It can be used to incentivise developers to build on the platform or as a revenue stream to sustain Zebec.

Zebec is also looking to launch its own decentralised autonomous organisation (DAO). Once created, ZBC holders will have a chance to vote on the management aspects of the protocol. 

There is a maximum supply of 10 billion ZBC, which will be gradually released over the coming three years. Zebec has deployed a buyback and burn scheme to balance its inflationary tokenomics.

ZBC’s short price history

ZBC price chart

Source: CoinMarketCap

ZBC is a relatively new cryptocurrency, having only launched in March 2022, but it was met by initial success. A Bybit ZBC staking event in the exchange’s launchpool fuelled the token’s bullish start.

XRP/USD

0.60 Price
+3.190% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.01168

BTC/USD

66,743.50 Price
-0.450% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 106.00

ETH/USD

3,512.09 Price
+0.070% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 6.00

Gold

2,401.36 Price
-1.830% 1D Chg, %
Long position overnight fee -0.0198%
Short position overnight fee 0.0116%
Overnight fee time 21:00 (UTC)
Spread 1.20

After CoinMarketCap listed ZBC on 16 March at $0.25, it managed to climb to $0.39 by the end of the month. This surge also followed Crypto.com listing the token and Gate.io hosting an ask me anything (AMA) with Zebec’s head of growth Subash Gautam. 

The cryptocurrency managed to continue this momentum into the following month, where it rocketed to an all-time high of $0.052 on 13 April. Kucoin had listed the token on the same day with full trading enabled on 14 April. 

However, ZBC was unable to maintain this value and soon started plummeting. By the beginning of May, it had dropped below its launch price and was trading at $0.01 at the end of the month.

The crypto crash did not help ZBC’s depreciating trend. On the 7 July, it stooped to its all-time low of $0.0091.

Zebec is currently showing signs of recovery. At the time of writing, on 5 August, ZBC was trading at $0.019 and up 100% in a recent seven-day period.

Zebec protocol price prediction

There is a range of ZBC coin price predictions. At the time of writing, DigitalCoinPrice expected a gradual rise for the token with it expected to climb from $0.025 this year to $0.038 in 2025. Its Zebec Protocol price prediction for 2030 gave a maximum price of $0.092.

PricePrediction similarly said it could average out at $0.02 this year. Its Zebec Protocol price prediction for 2025 suggested a new price record of $0.057 is possible. ZBC was then thought to surpass $0.01 in 2027 and $0.04 in 2030.

Only a shorter-term forecast is given by CryptoPredictions. The Zebec Protocol price prediction for 2022 estimated it could reach $0.014 by the end of the year and grow to $0.029 in 2025. 

Finally, Gov Capital was bearish with its ZBC price prediction. It anticipated the cryptocurrency to become worthless by the end of this year.

When considering a ZBC crypto price prediction, it’s important to keep in mind that cryptocurrency markets remain extremely volatile, making it difficult to accurately predict what a coin or token’s price will be in a few hours, and even harder to give long-term estimates. As such, analysts and algorithm-based forecasters can and do get their predictions wrong.

If you are considering investing in cryptocurrency tokens, we recommend that you always do your own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. Keep in mind that past performance is no guarantee of future returns. And never trade with money that you cannot afford to lose.

FAQs

Is Zebec Protocol a good investment?

Zebec Protocol is a platform designed for instant settlement crypto transactions. Its native token ZBC has been struggling in recent months.

Remember, you should always carry out your own thorough research before making an investment. Even high market cap cryptocurrencies have proved vulnerable to the current bear markets. So investors should be prepared to make losses and never invest more than they can afford to lose. Past performance is not a guarantee of future results.

Will Zebec Protocol go up?

Some forecasters making ZBC token price predictions at the time of writing, including DigitalCoinPrice, anticipated a steady rise for Zebec Protocol. But not all were optimistic as Gov Capital expected it to soon become worthless.

In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Whether MX Token is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors. Keep in mind that past performance is no guarantee of future returns. And never invest money that you cannot afford to lose.

Should I invest in Zebec Protocol?

Zebec Protocol is giving companies a chance to pay their workers with instant settlement. But as a newly launched platform, it is still in early stages of development and its native cryptocurrency has already proved volatile.

Whether you should invest in ZBC is a question that you will have to answer for yourself. In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Whether PERP is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors. Keep in mind that past performance is no guarantee of future returns. And never invest money that you cannot afford to lose.

 

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