Retreeb price prediction: Will TREEB rally again?

Retreeb Price Prediction: Will TREEB Go Back Up? – Photo: Shutterstock

In the face of Russia’s invasion of Ukraine, the global cryptocurrency market is giving mixed signals for investors. With millions of dollars in crypto donations For Ukraine, sentiment towards bitcoin and cryptocurrencies has been shifting from a risky asset to a safe haven at a time of geopolitical turbulence.

Retreeb (TREEB), a native token of a decentralized payment network, hit an all-time high of $0.4314 on Feb. 19. However, on March 6, it fell to a 7-day low of $0.1666, wiping out over 61% of the gains. At the time of writing (March 7), TREEB was trading at $0.2351.

Can the TREEB token become a popular payment network in a decentralized finance (FeDi), or will it fade over time like many other cryptocurrency companies? This article covers fundamental analysis, along with recovery token price analysis and recent news and developments to help you form a reasonable recovery crypto price prediction.

Retreeb (TREEB) Price Prediction

What is a recovery coin?

Retreeb was thrown out in 2019 as a decentralized payment protocol that allows users to make payments. A part of the transaction fees is allocated to social benefits.

It allows an equitable distribution of wealth without imposing additional charges on clients. To do this, it contributes a percentage of its network fees to social and solidarity actions and programs. These include addressing social concerns such as ecological transition, social inclusion, education, industry relocation, and employment.

Retreeb Protocol currently has two native coins: (S)TREE, the stable coin of Retreeb, and (U)TREEB, the utility currency.

  • (S)TREE is a stable multi-asset currency pegged to the euro in member countries of the European Union and to the Swiss franc (CHF) In Switzerland. (S)TREEB users can purchase products and services on retail networks using their mobile phone or retreeb card.

  • (U)TREE it is a utility and governance token with a fixed supply and a dynamic value. With (U)TREEB, users can use free services such as payment card services and choose which green or solidarity initiatives to fund.

Retreeb products are divided into two wallets assigned to different target markets: retailers and consumers.

retail wallet

  • POS Retail Wallet is a mobile app for retailers and organizations.

  • The POS Retail Wallet allows users to access transaction histories, provide refunds, set up their business information, manage accounting exports, and manually withdraw their balance at fiat money anytime.

  • Retailers pay transaction fees, just like they do with a traditional credit card payment.

  • The service is free for associations and non-governmental organizations.

consumer wallet

  • Consumer Wallet is a consumer-focused smartphone app.

  • It provides white label and customizable services to a wide range of user groups.

  • The consumer wallet is the only mechanism for the user to purchase (S)TREEB in their local currency.

  • (S)TREEB can be purchased as a quick deposit by credit card or as a free deposit by bank transfer.

Retreeb news and price drivers: Will the new partnerships increase your price?

The project has undergone several major updates lately, which may affect the future price of the recovery:

Partnership with Huobi

Recovery Announced the launch of the TREEB token on Huobi Wallet in February 2022. To celebrate this collaboration and show appreciation to users, Retreeb and Huobi Wallet announced an airdrop event with a $10,000 token prize.

Huobi Wallet is a lightweight multi-chain wallet designed for professionals. It benefits from Huobi Global’s technology development and security expertise as an independent entity within the Huobi Global ecosystem.

Association with Unitlife

Recovery entry another major partnership in February 2022. Retreeb has partnered with Unitlife, a United Nations-led global program to address inequalities from birth. Unitlife is organized by the United Nations agency UNCDF.

Unitlife’s partnership with Retreeb marks the beginning of the company’s social efforts as the first beneficiary partner of a dedicated and transparent corporate social responsibility approach.

Partnership with Spookyswap

Recovery collaborated with Spookyswap in September 2021 to launch its Initial DEX Offering (IDO). SpookySwap is a decentralized exchange (DEX) powered by automated market making (AMM) for the Fantom Opera network.

Aside from the IDO, this collaboration resulted in Retreeb staking and farming Spookyswap. Users got the ability to farm TREEB tokens and get xBOO tokens (native Spookyswap token) through bet.

TREEB/USD price analysis

According to ICO dropsthe initial coin offeringICO) for the TREEB coin that concluded on September 15, 2021 at $0.01. Since then, it has generated an ROI of 2,251%, according to CoinMarketCap (as of March 7, 2022).

According to the first available price data, the price of the Retreeb token fell from $0.014 on October 5 to $0.002 on October 21, a drop of more than 85%. Following the crash, the price of the TREEB token rebounded dramatically, hitting $0.016 on Nov 4, a 700% gain. The uptrend was in line with the broader crypto market, which was bullish during the same time. Bitcoin (BTC) was trading at $61,452 on Nov 4, down more than 5% from $58,482 on Oct 27.

The bullish market sentiment continued and on November 15, the TREEB token reached $0.059, a significant increase of over 290% in three days. During the same period, ethereal (ETH), the second largest cryptocurrency in the world by market cap, hit an all-time high of $4,891 on Nov. 16.

After a brief pullback in December, the price surged and ended the year at $0.322. It briefly declined to $0.115 on Jan 6, 2022 before hitting its all-time high of $0.431 on Feb 19. Since then, it has been trading in a bear market and reached a 7-day low of $0.1666 on March 6.

At the time of writing (March 7), the TREEB token was trading at $0.2351 and had a market capitalization of $36 million.

All Time Retreeb Yield (TREEB)

Retreeb (TREEB) Price Prediction: Targets for 2022, 2025 and 2030

Predicting the future price of the recovery, algorithm-based forecasters gave several targets, starting on March 7. According to wallet investorthe average price could reach $0.80 by the end of 2022, $2.72 by the end of 2025, and $3.47 by February 2027.

digital currencies The Retreeb coin price prediction was less bullish. The service suggested that the average price of TREEB in 2022 could be $0.31, $0.35 in 2023, $0.46 in 2025, and $1.11 in 2030.

According to price predictionTechnical analysis as of March 7: “Retreeb is facing difficulties in being incorporated into other cryptocurrencies. The TREEB has dropped to almost -12.94% in the last 7 days. The coin is still showing risk framing segments during the last few days. The coin may have strong fundamentals, but we don’t think it will be a profitable asset in the short term.”

However, his TREEB/USD forecast was bullish in the long term, suggesting that the average price could reach $0.31 in 2022, $1 in 2025, $5.98 in 2030 and $8.85 in 2031.

When looking for recovery coin price predictions, keep in mind that algorithmic and analyst based price targets may be wrong. Their TREEB/USD forecasts are based on fundamental and technical studies of a cryptocurrency’s past performance. Past performance is not a guarantee of future results.

It is essential that you do your research and always remember that your decision to trade depends on your attitude to risk, your experience in the market, the distribution of your investment portfolio and how comfortable you feel about losing money. You should never invest money that you cannot afford to lose.

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