What Is TomoChain (TOMO)?
Released in December 2018, TomoChain (TOMO) is a project that attempts to improve the scalability of the Ethereum (ETH) blockchain. This is primarily done via increasing its transactions per second (TPS) capacity.
The eventual goal of the project is to build a blockchain infrastructure for decentralized apps (DApps) and improve integration and security. TomoChain’s solution is to offer smart contract scalability, a task that requires solving how the blockchain can handle a higher number of transactions per second, exponentially increasing the utility of the smart contracts for real-world use cases and applications.
Who Are the Founders of TomoChain?
TomoChain was founded by Long Vuong, who is also the CEO of TomoChain Pte. Ltd.
Before that, he was the CEO of CityMe and a co-founder and project lead of the NEM (XEM) blockchain at Alternative Blockchain. He is an expert in the fields of blockchain and economics and has been an advisor to a number of blockchain projects in the past.
TomoChain Price Prediction
If you’re looking for TomoChain price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of TomoChain (TOMO) will go in the future? We will analyze the past prices of TomoChain (TOMO) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|USD Price||$ 1.27|
|24h Volume||$ 8,915,011|
TomoChain (TOMO) Price Prediction
At reconshell.com we predict future TomoChain price predictions/TOMO forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of TomoChain. We do our best to collect maximum historical data for the TOMO coin which include multiple parameters like past price, TomoChain marketcap, TomoChain volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
TomoChain Price Prediction 2022
According to our deep technical analysis on past price data of TOMO, In 2022 the price of TomoChain is predicted to reach at a minimum level of $1.80. The TOMO price can reach a maximum level of $2.08 with the average trading price of $1.86.
TomoChain Price Prediction 2023
The price of TomoChain is predicted to reach at a minimum level of $2.53 in 2023. The TomoChain price can reach a maximum level of $3.05 with the average price of $2.61 throughout 2023.
TOMO Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of TomoChain is predicted to reach at a minimum level of $3.68. The TOMO price can reach a maximum level of $4.38 with the average trading price of $3.79.
The price of 1 TomoChain is expected to reach at a minimum level of $5.35 in 2025. The TOMO price can reach a maximum level of $6.40 with the average price of $5.50 throughout 2025.
TomoChain Price Prediction 2026
TomoChain price is forecast to reach a lowest possible level of $7.95 in 2026. As per our findings, the TOMO price could reach a maximum possible level of $9.33 with the average forecast price of $8.23.
TomoChain Price Prediction 2027
According to our deep technical analysis on past price data of TOMO, In 2027 the price of TomoChain is forecasted to be at around a minimum value of $12.10. The TomoChain price value can reach a maximum of $13.82 with the average trading value of $12.43 in USD.
TomoChain (TOMO) Price Prediction 2028
The price of TomoChain is predicted to reach at a minimum value of $17.74 in 2028. The TomoChain price could reach a maximum value of $20.95 with the average trading price of $18.24 throughout 2028.
TomoChain Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of TomoChain is expected to reach at a minimum price value of $25.58. The TOMO price can reach a maximum price value of $30.83 with the average value of $26.50.
TomoChain (TOMO) Price Prediction 2030
The price of TomoChain is predicted to reach at a minimum value of $36.33 in 2030. The TomoChain price could reach a maximum value of $45.22 with the average trading price of $37.39 throughout 2030.
TomoChain Price Prediction 2031
TomoChain price is forecast to reach a lowest possible level of $55.53 in 2031. As per our findings, the TOMO price could reach a maximum possible level of $63.76 with the average forecast price of $57.03.
What Makes TomoChain Unique?
TomoChain has a range of unique features, such as its proof-of-authority consensus, the masternode system, 2-second confirmation, almost non-existent transaction fees, built-in exchange protocol, ICO smart contract templates, API support for token insurances and integrations and cross-chain transaction function without any fees between Ethereum and TomoChain.
The TomoChain mainnet was launched in 2018 and included proof-of-stake voting. The switch to masternodes made TOMO a mintable currency, and these masternodes participate in both creation and verification of the blocks. They are compensated for maintaining the network with minted TOMO.
If a user wants to become a masternode candidate, they need to deposit 50,000 TOMO. Masternodes are allowed to eventually resign, but the deposited TOMO remains locked for 1,296,000 blocks after the resignation had been issued. Once a user becomes a masternode candidate, they need to become one of the top 150 voted candidates. If chosen, they will receive TOMO rewards in proportion to the number of blocks they manage to sign.
As such, TomoChain provides a scalable blockchain that can be faster and has lower fees. TomoChain has a wide range of use cases.
TomoChain provides a general blockchain platform that allows for near-zero-fee and instant confirmation transactions, a proof-of-stake chain, staking as a voter and running a masternode.
It also offers the TomoZ or Zero Friction protocol that allows token holders to pay transaction fees in a token of their choice. Other services offered by TomoChain are Tomox and Relayers, which is a decentralized exchange protocol that allows businesses to make decentralized exchanges and landing platforms. TomoP is a privacy protocol that was developed on TomoChain to enable safe and untraceable transactions.
How Many TomoChain (TOMO) Coins Are There in Circulation?
TomoChain (TOMO)has a circulating supply of 80,540,663 tokens and no maximum supply data is available as of February 2021.
How Is the TomoChain Network Secured?
TomoChain has a proof-of-stake voting consensus, making it a scalable public blockchain where every Ethereum smart contract can be run with instant transaction confirmations. The Tomo application was one of the first apps built on the TomoChain and is a decentralized social media platform focused on knowledge sharing.
Where Can You Buy TomoChain (TOMO)?
If you want to buy, sell, or trade TomoChain (TOMO), you can do so on the following exchanges: