REQ is an Ethereum token that powers the Request Network, a protocol for making and ordering payments. Transactions on Request Network are immutably registered, and they process requests without an intermediary.
What Is Request (REQ)?
REQ is listed on Coinbase, Binance, Bancor, crypto.com, and many other trades. The REQ token controls the Request Network open-source protocol via a few tools: anti-spam, staking, discounts, governance, and independence. Read more on the request network website.
The Request (REQ) utility token, established in 2017, confirms the performance and strength of the Request Network. The Request Network is an Ethereum-based decentralized payment method where anyone can request a payment and receive money through secure norms. It removes the condition for third parties to provide a cheaper, more secure payment solution that performs with all international currencies.
When a user creates a payment request, they define to which address the payment needs to be allocated and what the amount is. The user can also select the terms and conditions of the payment, upgrading a simple request into an invoice. Once this is completed, the user can share their request to be paid by their counterparty.
History of Request (REQ)
Their team developed the concept of the Request Network in 2017 when experiencing Y Combinator in San Francisco. They considered blockchain as a solution to the issues faced by banks and governments and formed the Request Network. Christophe Lassuyt is the CFO, and Etienne Tatur is the CTO of the Request Network. Eventually, on March 16, 2018, Request released its whitepaper.
How Are New Request (REQ) Tokens Created?
As per the platform’s website, Request is designing a staking idea for deploying and operating a node. By locking a specific digit of REQ tokens, node operators can deploy a node to present their end users with valuable benefits, outlining the difficulties of IPFS and Ethereum.
How does Request work?
Over 1,000 companies and decentralized independent institutions (DAOs) use Request to enable decentralized payments, according to the company’s website. The system also automates real-time international analysis, returns an entire branch of the audit, stops manual tax collection, and simplifies global payments, according to Request’s whitepaper.
The whitepaper also says that request “substitutes payment systems such as PayPal.” Automation and efficient invoicing are the major value offers for request.
Where Can You Buy Request (REQ)?
You Can Buy and sell Request (REQ) on multiple exchanges, including, Coinbase, Binance, Huobi Global, Bitfinex, Poloniex, Uniswap, and gate.io.
Request Network (REQ) Coin Live Price, Market Cap, Volume, Supply.
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Request Network (REQ) Price Prediction 2022-2031
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Request Network Price Prediction 2022
Per the forecast and technical analysis, In 2022, the request price is expected to reach a minimum price value of $0.090. The REQ price can reach a maximum price value of $0.099 with an average value of $0.094.
Request Network Price Prediction 2023
I forecast the request price to reach the lowest possible $0.14 in 2023. As per our findings, the REQ price could reach the maximum level of $0.16 with the average forecast price of $0.14.
Request Network Price Prediction 2024
The request price is predicted to reach a minimum of $0.20 in 2024. The Request price can reach a maximum level of $0.24 with an average price of $0.20 throughout 2024.
Request Network Price Prediction 2025
We forecast the request price to reach the lowest possible $0.29 in 2025. As per our findings, the REQ price could reach the maximum level of $0.34 with the average forecast price of $0.29.
Request Network Price Prediction 2026
Per the forecast price and technical analysis, In 2026, the price of Request is predicted to reach a minimum of $0.43. The REQ price can reach a maximum level of $0.50 with an average trading price of $0.44.
Request Network Price Prediction 2027
We expect the price of 1 Request to reach a minimum level of $0.63 in 2027. The REQ price can reach a maximum level of $0.74, with an average price of $0.65 throughout 2027.
Request Network Price Prediction 2028
According to our deep technical analysis of past price data of REQ, In 2028, the price of Request is predicted to reach a minimum level of $0.92. The REQ price can reach a maximum level of $1.10 with an average trading price of $0.95.
Request (REQ) Price Prediction 2029
According to our deep technical analysis of past price data of REQ, In 2029, the price of Request is forecasted to be at around a minimum value of $1.37. The Request price value can reach a maximum of $1.60 with an average trading value of $1.42 in USD.
Request (REQ) Price Prediction 2030
The price of Request is predicted to reach a minimum value of $1.98 in 2030. The Request price could reach a maximum value of $2.33 with an average trading price of $2.04 throughout 2030.
Request Price Prediction 2031
The price of Request is predicted to reach a minimum value of $2.86 in 2031. The Request price could reach a maximum value of $3.39 with an average trading price of $2.96 throughout 2031.
- Is Request (REQ) a good investment?
The request's value is expected to expand as the shortage encourages price rises. Please note, there is some risk to any investment. Just invest in what you can execute before arriving at decisions and achieving the highest analysis possible.
- How much will the Request be worth in 5 years?
In five years, Request will have a minimum price of $0.50 and a maximum price of $0.43 per REQ.
- How high can the Request go?
The average price of Request (REQ) might go to $0.094 by the end of this year. If we calculate the five-year project, it is calculated that the coin will easily earn the $0.44 mark.
- How much will Request be worth in 2030?
In terms of price, Request has an impressive possibility to earn new heights. It is predicted that REQ will rise in value. Specific professionals and business analysts say Request can hit the highest price of $3.39 by 2030.