Trailblaze (XBLAZE), currently priced at $0.007434 with a 24-hour trading volume of $63,316, has experienced a significant price increase of 13.96% over the past day. The current market cap stands at $3.12 million with a circulating supply of 420 million XBLAZE, which is 100% of the total supply.
Recent Performance
On June 27, 2024, Trailblaze reached its all-time high (ATH) of $0.00749. Since then, it has fluctuated slightly, with a recent cycle low of $0.007427 and a cycle high of $0.007453. This volatility reflects the market’s reaction to Trailblaze’s innovative approach to fundraising through pre-seed, IDOs, INOs, and NFT drops.
Read: Brianwifhat (BIF) Price Prediction
Price Prediction
- Short-term (2024): Given the recent surge and market sentiment, Trailblaze is expected to maintain its upward trajectory, potentially reaching $0.008 by the end of 2024.
- Medium-term (2025): As the platform gains more traction and broader adoption, XBLAZE could see a steady increase to around $0.012.
- Long-term (2030): Assuming continued growth and innovation, Trailblaze’s price might reach $0.03, considering its potential to disrupt the fundraising landscape.
Read: Moge Price Prediction
Market Analysis
Trailblaze’s market performance is influenced by its positioning in the Ethereum and NFT token sectors, ranked #3077 and #231, respectively. The Fear & Greed Index, currently at 40 (Fear), suggests cautious investor sentiment. However, with a strong vision to democratize fundraising, Trailblaze is poised for long-term growth.
Price Prediction Table
| Year | Predicted Price |
|---|---|
| 2024 | $0.008 |
| 2025 | $0.012 |
| 2030 | $0.03 |
