Since it first started trading in 2021, the price of DESO, the native cryptocurrency of the Decentralized Social network, decreased by -78.66%.
In this article, we are going to examine Decentralized Social price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Decentralized Social can reach $ 1,000.00.
Decentralized Social price prediction key takeaways
Decentralized Social price prediction 2023
According to our Decentralized Social price prediction for 2023, DESO is expected to trade between $ 35.73 and $ 39.00, with an average price of $ 37.33. At the end of the year, DESO is expected to trade at $ 35.73.
Decentralized Social price prediction 2024
Decentralized Social is forecasted to reach a high of $ 285.66 next year, with an average DESO price of $ 72.59. On the low end, Decentralized Social is expected to bottom out at $ 34.91 in 2024. By the end of the year, we could see Decentralized Social change hands at $ 225.50.
Decentralized Social price prediction 2025
In 2025, Decentralized Social could see a peak price of $ 249.62 and a low of $ 105.11. The average Decentralized Social price prediction for 2025 is $ 163.70. By year’s end, DESO is expected to trade at $ 120.04.
Decentralized Social price prediction 2030
On a longer time scale, our Decentralized Social price forecast for 2030 projects DESO to reach a maximum price of $ 259.74. Conversely, DESO could trade as low as $ 205.21 during the year, whereas the average Decentralized Social price is predicted to move around $ 227.15. By the end of 2030, Decentralized Social is predicted to trade at $ 259.08.
Decentralized Social (DESO) overview
| Cryptocurrency | Decentralized Social |
|---|---|
| Ticker | DESO |
| Market Cap | $ 331.99M |
| 24H Trading Volume | $ 2.60M |
| Circulating Supply | 8.88M |
| Total Supply | 10.81M |
| 7-Day Price Change | 41.24% |
| 1-Month Price Change | 252.56% |
| 1-Year Change | 423.02% |
| Decentralized Social ROI | -78.66% |
| All-Time High | $ 198.68 |
| All-Time Low | $ 5.35 |
With a circulating supply of 8.88M DESO, the Decentralized Social cryptocurrency project commands a market cap of $ 331.99M, good for the 158th spot in the crypto market.
In the last 24 hours, $ 2.60M worth of DESO changed hands across 8 crypto exchanges, with gate.io accounting for the largest share of DESO trading volume.
Decentralized Social price history
The price of Decentralized Social has been trending in the positive direction in the past 24 hours, increasing by 1.2% to $ 37.37. In the past week, Decentralized Social’s price gained 41.24%.
In addition, Decentralized Social gained 252.56% in the past month, having traded in the green zone in 20 of the last 30 days.
On a longer time horizon, Cardano saw positive price activity in the last 3 months, underscored by the 252.56% move to the top. Meanwhile, the price of DESO increased by 423.02% in the past year. Overall, Decentralized Social is trading down -78.66% since it first started trading in 2021.
Decentralized Social technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding Decentralized Social is currently bullish, with extremely high volatility score of 44.31% (volatility is a measure of an asset’s price fluctuations).
Decentralized Social is changing hands below the 200-day simple moving average (SMA), a common bullish signal. Also, the price of DESO is currently below the 50-day SMA, which is widely regarded as a bullish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 73 (Greed). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 82.61, indicating that DESO is changing hands in undervalued zone. Overall, there are 26 technical analysis indicators that indicate bullish market activity, and 5 that forecast bearish activity for Decentralized Social.
Decentralized Social price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 35.73 | $ 37.33 | $ 39.00 |
| 2024 | $ 34.91 | $ 72.59 | $ 285.66 |
| 2025 | $ 105.11 | $ 163.70 | $ 249.62 |
| 2026 | $ 78.39 | $ 94.47 | $ 130.00 |
| 2027 | $ 84.25 | $ 125.76 | $ 203.91 |
| 2028 | $ 178.56 | $ 183.63 | $ 201.72 |
| 2029 | $ 192.68 | $ 250.29 | $ 363.16 |
| 2030 | $ 205.21 | $ 227.15 | $ 259.74 |
According to our long-term Decentralized Social prediction, the cryptocurrency is expected to reach a high point of $ 363.16 at some point in June 2029. On the other end of the spectrum, Decentralized Social could bottom out at $ 34.91 in January 2024. Per the prediction, Decentralized Social will have the highest average price of $ 250.29 in 2029.
With a brief overview of Decentralized Social price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for DESO.
Decentralized Social price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 34.91 | $ 39.35 | $ 41.77 |
| February | $ 39.70 | $ 44.49 | $ 51.59 |
| March | $ 49.02 | $ 59.40 | $ 83.21 |
| April | $ 54.22 | $ 60.91 | $ 70.90 |
| May | $ 53.11 | $ 60.87 | $ 68.01 |
| June | $ 45.03 | $ 54.65 | $ 65.30 |
| June | $ 45.94 | $ 54.34 | $ 60.02 |
| August | $ 52.22 | $ 58.96 | $ 67.84 |
| September | $ 53.24 | $ 61.45 | $ 69.34 |
| October | $ 58.89 | $ 64.30 | $ 70.93 |
| November | $ 68.31 | $ 90.52 | $ 133.30 |
| November | $ 133.37 | $ 219.58 | $ 285.66 |
In 2024, Decentralized Social is forecasted to trade in a price channel between $ 34.91 and $ 285.66. On average, DESO is expected to change hands at $ 72.59 during the year. The most bullish month per DESO could be December, when the currency could trade 664.47% higher than today.
Decentralized Social price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 163.46 | $ 204.41 | $ 249.62 |
| February | $ 206.14 | $ 223.16 | $ 248.26 |
| March | $ 147.94 | $ 176.95 | $ 220.46 |
| May | $ 147.93 | $ 170.77 | $ 183.27 |
| May | $ 124.53 | $ 138.00 | $ 148.10 |
| June | $ 130.21 | $ 133.58 | $ 141.79 |
| July | $ 138.14 | $ 167.77 | $ 181.32 |
| August | $ 162.38 | $ 171.12 | $ 179.74 |
| September | $ 163.41 | $ 169.52 | $ 175.32 |
| October | $ 139.42 | $ 150.55 | $ 166.79 |
| December | $ 122.31 | $ 134.62 | $ 142.75 |
| December | $ 105.11 | $ 116.34 | $ 123.19 |
Generally speaking, Decentralized Social price prediction for 2025 is bullish. The DESO cryptocurrency is forecasted to hit a high point of $ 249.62 in January and reach a low of $ 105.11 in December. Overall, Decentralized Social is expected to trade at an average price of $ 163.70 in 2025.
Decentralized Social price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 232.10 | $ 236.46 | $ 239.54 |
| January | $ 234.70 | $ 245.02 | $ 254.21 |
| March | $ 233.98 | $ 238.83 | $ 245.39 |
| April | $ 235.42 | $ 237.66 | $ 239.40 |
| May | $ 235.19 | $ 236.56 | $ 238.00 |
| July | $ 207.21 | $ 220.67 | $ 236.57 |
| July | $ 205.21 | $ 209.58 | $ 213.40 |
| August | $ 207.13 | $ 208.98 | $ 213.05 |
| September | $ 206.73 | $ 209.93 | $ 212.65 |
| October | $ 211.25 | $ 213.39 | $ 222.43 |
| November | $ 222.28 | $ 225.20 | $ 228.52 |
| December | $ 229.69 | $ 245.44 | $ 259.74 |
In the long term, Decentralized Social could reach a price of $ 259.74 in December. That’s a rather optimistic scenario, as DESO could trade as low as $ 205.21 in July. Overall, DESO’s price is projected to hover at around $ 227.15 in 2030, about 507.9% above the current price of $ 37.37.
Decentralized Social price prediction FAQs
According to InvestMage’s prediction, Decentralized Social could gain as much as 871.88% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Decentralized Social either surpass or not reach the price targets outlined in this article.
Decentralized Social would need to gain 2,676.15% to reach $ 1,000.00. According to our prediction, Decentralized Social could hit $ 1,000.00 in November 2040.
In 2023, Decentralized Social is predicted to trade in a price range between $ 39.00 and $ 35.73, with the average price being $ 37.33. The average price is about -0.1% lower than Decentralized Social’s current price.
Decentralized Social is projected to trade in a price range between $ 285.66 and $ 34.91, with the average price of $ 72.59 throughout the year. The price of Decentralized Social is expected to increase by 94.27% in 2024 (compared to Decentralized Social’s current price).
Decentralized Social is forecasted to change hands in a price channel bound by $ 249.62 on the high end and $ 105.11 on the low end. Decentralized Social is expected to have an average price of $ 72.59 in 2025, which is about 338.08% higher than Decentralized Social’s current price of $ 37.37.
The Decentralized Social price algorithm predicts that DESO will move between $ 259.74 and $ 205.21 in 2030, with the average price being $ 227.15, about 507.9% higher compared to DESO’s current price.
According to the InvestMage predictions, Decentralized Social is expected to go up in value by 94.27% by next year. In 2024, the DESO cryptocurrency could trade up 338.08% compared to today. By 2030, Decentralized Social’s price is expected to increase by 507.9%, and reach $ 227.15.
The price of Decentralized Social is algorithmically predicted using historical market price data for DESO and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
