Released in January 2022, CoinEx Token (CET) is a value-added services and privileges scheme based on the CoinEx business ecosystem. CET is issued on the Ethereum ERC-20 protocol and runs on the CoinEx smart chain and will act like gas.
Since its release, CET has been released and distributed through Airdrop incentives, transaction discounts, promotions, team unlocks, and other perks. Meanwhile, according to CET filings, CoinEx will redeem and burn CET every day with 50% of its transaction fee income, as well as burn all CET redeemed monthly at the end of each month until the total supply of CET is reduced to 3 billion.
Combining user feedback and careful consideration, CoinEx made a decision on March 12, 2022. That is, once the “3 billion” goal is reached, CoinEx will continue to use 20% of its fee income to redeem and burn CET until the CET is completely burned.
CoinEx Token Review
Coin name | CoinEx Token |
Coin symbol | CET |
exchange rates in US dollars | $ 0.065 |
Market capitalization | $ 45,946,814 |
24h Volume | $ 647,990 |
supply | 5,817,096,877 |
CoinEx Token is currently worth $0.065 USD with a market capitalization of $45,946,814, making it rank 627 on the list of the most valuable coins. CET has a 24-hour volume of $647,990, according to the TechNewsLeader price index. The price of CoinEx Token has changed 3.95% in the previous 24 hours. Over the past 7 days, the CET price has changed by -0.75%. It is limited to a maximum quantity of 708,633,582 coins.
CET Applications
- Deduction as trading fees
CET can be deducted directly at the same market value as trading fees, with discounts allocated.
- VIP services and privileges
Users with a certain CET holding amount can receive VIP membership and enjoy benefits such as discounted fees, faster withdrawals, exclusive customer service and other benefits.
- Rights to advertising campaigns
CET holders can receive special qualifications for promotional campaigns on CoinEx, such as token drop incentives and accelerator support.
- CoinEx Smart Chain
As a built-in token for CoinEx Smart Chain to circulate and act as gas, CET is based on the PoS consensus protocol, decentralized and energy efficient, helping you easily build your own decentralized applications.
- Stay tuned for more apps
In addition to circulating within the CoinEx ecosystem, CoinEx plans to expand usage and applications to things like payments.
CoinEx Token Rate Forecast
Year | CoinEx Token Rate Forecast |
2022 | CET Forecast up to $0.085 Read more |
2023 | CET Forecast up to $0.13 Read more |
2024 | CET Forecast up to $0.18 Read more |
2025 | CET Forecast up to $0.27 Read more |
2026 | CET Forecast up to $0.40 Read more |
2027 | CET Forecast up to $0.57 Read more |
2028 | CET Forecast up to $0.83 Read more |
2029 | CET Forecast up to $1.22 Read more |
2030 | CET Forecast up to $1.80 Read more |
2031 | CET Forecast up to $2.61 Read more |
CET Rate Forecast 2022
The value of CoinEx Token will increase thanks to the efforts of network developers and community investors. Therefore, the target price for the year 2022 is bullish. CET is expected to peak at $0.11 by the end of 2022, according to analysts. On the other hand, it is very optimistic that the future of CoinEx Token will eventually grow. Thus, the projected average CET price will be between $0.082 and $0.085 expected in 2022 depending on the market. As stated in the same slogan, the maximum CET price ranges from $0.082 to $0.11 for 2022.
CoinEx Token Rate Forecast 2023
The current CoinEx Token price range may be of interest to many traders and therefore CET could reach $0.14 by 2023 with significant cooperation from financial institutions if the following requirements are met. With an average rate of $0.13 for 2023, it could surpass the latest price trend and reach new highs. The bet's tagline may vary as the cryptocurrency market could see another bull run heading into 2023.
CoinEx Token Rate Forecast 2024
In 2024, with wider adoption and partnerships between other important blockchain networks, the price of CoinEx Token will skyrocket, the maximum trading price could reach $0.21 in 2024. The price ranges will be very fashionable if we stick to them. If all goes well, we can expect the average price to be $0.18 with a maximum price of $0.21 for 2024.
CoinEx Token Rate Forecast 2025
CETs have enormous potential and with certain interactions and innovations, it is possible to increase the number of users and advertising. If the market focuses on investing in CoinEx Token, the price could rise much higher. By 2025 it could reach a maximum value of $0.31. CET is expected to reverse slightly if the market moves lower. The year 2025 could end with an average price of $0.27, a minimum price of $0.27 and a maximum price of $0.31.
CET Rate Forecast 2026
A perfect approach to this currency can be found on many websites and forums. According to this forecasting platform, CoinEx Token will remain at its current level for a very long time. By 2026, CET is expected to peak at $0.47. The minimum bet could increase to $0.39 if the market turns bullish.
CET Rate Forecast 2027
CET will be seen as the best option and with the huge community, the CoinEx Token price will reach new highs. Price fluctuations are difficult to predict, especially if the market is more bullish OR bearish than ever. For the year 2027, the CoinEx Token rate will be almost $0.55. The maximum bid we can receive is $0.69. CoinEx Token Average price forecast at the end of 2027 could be around $0.57. Huge price turnover is expected within the range determined by the cryptocurrency market.
CoinEx Token Rate Forecast 2028
Volatility drives the cryptocurrency market. Today it is not easy to predict and keep up with current prices. This is where many cryptanalysts come into play. Price forecasts are correct for the years indicated. Cryptocurrency consumers remain concerned about cryptocurrency bans and new restrictions. CoinEx Token could cross $0.98 if the market sees a good bull run in 2028. Given that it is expected to be held by long-term investors, its average price for 2028 will be around $0.83.
CET Rate Forecast 2029
For a long-term forecast of the CoinEx Token price, basic analysis is important. In terms of industry benefits, the native token offers several. The autonomy of the digital economy makes it ideal. As DAPPs and stablecoins mature, the network offers competitive programmable payment, logistics and storage options. There is a possibility that the average CET price will rise to around $1.22 by 2029 if the idea attracts more investors. For 2029, the year could end with a maximum price of $1.38 with a minimum price. level $1.18.
CoinEx Token Rate Forecast 2030
It looks like by 2030, CoinEx Token (CET) prices will reach levels similar to their previous all-time high. For 2030, we can expect the average rate to be $1.80. If everything goes smoothly, we have predicted that the maximum price of CoinEx Token could reach up to $2.09 in 2030. Of course, there are chances that the market will fall after a long bull run, and this is normal for the cryptocurrency market.
CET Rate Forecast 2031
There are signs that the cryptocurrency market is entering a new era. We are confident that the long-term price outlook for CET will rise as there is still optimism that the currency will attract much more attention. The year 2031 could end with an average rate of $2.61 and a minimum rate of $2.52. The maximum bet is expected to be around $2.98.
Ecosystem SET
- Crypto trading
Supported by a proprietary high-speed matching engine, crypto exchange CoinEx will list more select tokens, continue to improve user experience and liquidity, and introduce margin trading to serve more users around the world.
- Trading platform
The CoinEx derivatives trading platform will provide professional users with high leverage trading and hedging services, including perpetual contracts and lending. More innovative and competitive contract products are also in development.
- CSC
Decentralized trading platform based on CoinEx Smart Chain, supporting automatic market creation algorithm and traditional order book mode. Makes trading more flexible and friendly to traditional transaction practices by providing users with a highly functional, simple and easy-to-use transaction interface.
CoinEx Smart Chain (CSC) is a decentralized and highly efficient public chain created by the CoinEx public chain team for decentralized finance. It has the following functions:
- Perfectly compatible with the Ethereum ecosystem: CSC is built on top of the Ethereum Virtual Machine (EVM), developers can use proven development tools and can easily adapt Dapps to CSC, and users can also easily access the CSC network.
- Extremely high efficiency and low transaction fees: CSC uses the POS consensus protocol to achieve block generation times in seconds, maintains extremely high TPS and maintains low transaction fees.
- Block producers do not need permissions: CSC supports up to 101 block producers, which are sorted and determined by the number of CET rates. There is no need for a centralized overview of institutions and the network is more decentralized.
Frequently asked questions about the CoinEx Token price forecast
These are some of the most frequently asked questions that investors ask related to the CoinEx Token price forecast.
Is CoinEx Token a good investment?
Many experts and traders believe that CoinEx Token has been a great investment for a long time. Surprisingly, the cost is rising. Therefore, it is guaranteed that the investment will generate good returns.
how much will CoinEx Token be worth in 2025?
Many platforms and analysts believe that the CoinEx Token price will continue to rise in the next 5 years, surpassing $0.40 by the end of 2025. Even if the price seems stretched, you'll never know. CET and other cryptocurrencies are highly volatile and can change direction at any time.
how much will CoinEx Token be worth in 10 years?
The likelihood that the CoinEx Token price will rise to $2.61 in ten years is much higher. The value of 1 CoinEx Token may exceed the minimum price of $2.52 and the maximum price of $2.98 over the next 8-10 years.
Conclusion
Among the advantages of the platform being developed, experts highlight a strong team of founders (Bitmain and the No. 1 mining pool ViaBTC). It is represented not only by specialists who have already proven themselves in the field of blockchain technologies, but also by professional traders, investors, as well as artificial intelligence developers.
The immediate plans of the CoinEx Token developers include expanding the number of currency pairs and tools for trading and investing. It is expected that all processes will be optimized and simplified to create convenient user functionality.
New terms of interaction with the community apply - as holders of CET tokens, the exchange distributes 80% of the commissions it collects...
The gradual expansion and development of the platform creates the potential for long-term investment.
Is it possible to withdraw CET from the exchange?
From March 29, 2018, it is possible to withdraw CET to Ethereum wallets through the smart contract system. Credits can be checked through services such as ETH Blockchain explorer. You can buy the CoinEx Token (CET) cryptocurrency on the CoinEx exchange.
Results
The advantages of CoinEx are a strong development team that participated in the creation of the first ViaBTC mining pool and worked on the Bitmain project.
In addition to programmers and developers of blockchain products, the project team includes professional participants in financial markets and strategic investors. Future plans of the developers include the integration of additional trading tools, optimization and “humanization” of the crypto exchange interface. Plans that have already been implemented include the debugging of a reward system that involves distributing 80% of profits as free bonuses. Fruitful work and constant improvement of working mechanisms will soon make the CoinEx exchange an ideal trading platform for profitable work and long-term investments.
Features of the CET cryptocurrency
When issuing the token, funds from private investors were not attracted and no ICO was held.
To create the coin, algorithms of the ERC 20 (Ethereum) protocol were used. The exchange's policy includes regular distribution of bonus CET to registered users. The value of the coin is reinforced through exchange services and user privileges. A total of 10 billion CET have been issued, half of which is in the hands of the exchange owners, the other half is distributed among users or will be distributed among them. Each token owner regularly receives proportional payments. Up to 80% of the exchange’s total profit goes to bonuses, the remaining 20% is spent on buying back CET, which is subsequently destroyed.