MULTIVAC’S goal is to create a blockchain for large-scale commercial DApps.
But how could MTV be the next Ethereum-killer and will it reach $5?
What is MultiVAC (MTV)?
MultiVAC promises to be a “next-generation high-performance public blockchain for industrial-scale decentralised applications”.
The blockchain uses sharding technology to achieve this.
Sharding is a type of database partitioning which splits large databases into smaller, faster and more easily managed parts.
By breaking the network into 64 shards, MultiVAC is able to reach 30,784 transactions per second.
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In comparison, Bitcoin does 5 transactions per second while Ethereum currently does 15 transactions per second.
Its website says: “MultiVAC has a worldwide network of top crypto funds and partners spanning South Korea, the US, Russia, Europe, South-East Asia, India, and more.”
MTV is MultiVAC’s native cryptocurrency and can be used to earn passive rewards by staking the cryptocurrency.
MultiVAC’s testnet went live in 2019 “during the long period of winter digital currency market”.
CoinMarketCap then listed MTV on April 11, 2019 where it traded at $0.011 initially.
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MTV then plummeted shortly after, reaching an all-time low of $0.00014 on March 12, 2020.
Investors who bought that dip could have sold in October 2021 for a return of more than 3,000 per cent.
The token’s next rally started in early 2021 when the whole market surged.
MTV integrated with Binance Smart Chain, which meant holders could swap the ERC-20 token for a BEP-2 version. The token reached a high of $0.018 on April 13, 2021.
MutliVAC’s mainnet then went live in late June.
Users could stake the mainnet version of MTV but despite this, the token’s value still dropped to $0.003 by the end of June 2021.
The blockchain then launched the second phase of its mainnet at the end of August 2021 with the aim of reaching three billion staked MTV.
The token soared and reached $0.02 by September 7 and it’s all-time high of $0.029 on October 27, 2021.
The token has since been another victim of the bear market and dropped below its launch price at the beginning of 2022.
How many MultiVAC (MTV) tokens are there?
MultiVAC’s total supply is 8 billion tokens, of which 3.6 billion are currently in circulation.
The cryptocurrency’s maximum supply is fixed at 10 billion tokens.
MultiVAC price prediction 2022, 2023, 2024, 2025 and 2026
How the value of MultiVAC (MTV) will change moving forward is impossible to know for certain.
But WalletInvestor, an algorithmic forecasting platform, predicts by the end of 2022 MTV will be trading at $0.000001.
By the end of 2023, they expect the price to be at $0.00356. Then $0.00732 by the end of 2024, $0.00997 by the end of 2025 and $0.0123 by the end of 2026.
Meanwhile, DigitalCoin predicts MultiVAC will reach $0.00147 by the end of 2022, $0.00166 by the end of 2023, $0.00164 by the end of 2024, $0.00223 by the end of 2025 and $0.00198 by the end of 2026.
