What is Tectonic crypto?
Tectonic is an open source cross-chain decentralized money market protocol, offering investors the ability to earn APY passive income on their funds or borrow money.
Tectonic was created by Particle B in late 2021, a company founded by former Crypto.com CTO Gary Or. The platform is built on the Cronos blockchain with Cosmos and Ethereum distributed ledgers.
Funds that are deposited with Tectonic, act as the liquidity of borrowers who can take out loans at a favorable interest rate. The lending percentage is based on market demand and supply. The rate is regulated by the protocol's smart contracts, which have been verified by the Slowmist auditors, according to the information on the company's website.
What is TONIC?
TONIC is the native token of the Tectonic protocol, whose users can take part in platform governance and staking. Also holders can receive more rewards through the ecosystem incentive program. TONIC has a total supply of 500 trillion tokens. At the time of writing, Tectonic is trading at $0.0000001218, according to CoinMarketCap.
The token’s distribution works out as follows:
Tectonic Crypto Price Prediction
According to the Gov Capital website, the price of the token could drop to $0 by September 2023. CryptoPredictions.com forecast shows that the price of TONIC could be $0.000000179 at the end of 2022, and at the end of next year - $0.000000405. According to PricePrediction analysis, the value of the asset will increase in the long term and will be $0.00000063 in 2025 and $0.00000431 in 2030.
DigitalCoinPrice also predicted the growth of the token’s price, they expect TONIC to jump in price to $0.000000514 in 2025, and to $0.00000171 in 2030.
In addition, Trading Beasts website is providing a positive forecast for the token; they think that price will rise by 233.70% till 2023: its maximum may be $0.0000006 by then. In 2024 and 2025, TONIC could rise to $0.0000007 and $0.0000008, respectively, according to Trading Beast's forecasts.
While checking any TONIC price predictions,you should remember that the cryptocurrency market is always volatile and unstable. Therefore, it is impossible to predict what the price of TONIC will be in the long run. At the same time websites with algorithmic prediction may give wrong results.
