StormX Price Prediction 2024 2025 2030 2040 & STMX Forecast

In this article, you will find an in-depth analysis of the StormX crypto initiative and its STMX token. Our research will include several crucial aspects, for instance, price volatility, the project's developmental timeline, its rivals, price forecasts from various platforms, and much more.

Disclaimer: SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

STMX Overview

What Is StormX Token?

To dive into the StormX coin price prediction, we have to do a little research on the project first. Let’s see what it’s all about. 

StormX is a cryptocurrency project that plans to change the way users get cashback while shopping online. Originally founded in 2015 as "Bitmaker," the project rebranded to StormX in 2017. The primary goal of StormX is to make cryptocurrencies accessible to the masses by integrating them into everyday activities.

1. Cashback and rewards: StormX offers users the opportunity to earn cryptocurrency rewards when they shop at partner stores through the StormX platform. Users can receive a percentage of their purchase amount back in the form of cryptocurrencies like BTC, ETH, or STMX.
2. Multi-platform support: the project provides a Chrome browser extension and a mobile app that people can use to access cashback deals and earn rewards seamlessly.
3. Gamification: company employs gamification elements to make earning cryptocurrency more engaging and fun. Users can complete tasks, play games, and participate in surveys to earn additional rewards.
4. STMX token: the crypto project has its native utility token. Users can earn it as a reward and use it within the ecosystem for staking, boosting rewards, and other purposes.
5. Partnerships: the firm has partnerships with numerous online retailers and brands, allowing users to earn cashback rewards when they shop at these partner stores. The list of partners continues to grow, increasing the variety of opportunities for users to earn cryptocurrency.
6. Staking: StormX allows users to stake their tokens to receive extra profit. Stakers may receive a share of the platform's transaction fees and enjoy other benefits.
7. Community: the project has an active and growing community of users and supporters who are enthusiastic about earning cryptocurrency rewards while shopping online.
8. Development: it continues to evolve, with ongoing development and plans to expand its offerings and integrations.

StormX’s rivals

Knowing the competitors of a crypto project is essential when considering an investment or purchasing its tokens. Competition within the cryptocurrency space directly impacts the project's potential for success and its ability to stand out in a crowded market. Understanding who the project is up against allows investors to assess its unique value proposition and competitive advantage. If a project has numerous well-established rivals with similar features, it may face challenges in gaining market share.

• Lolli

A cryptocurrency cashback platform that offers users Bitcoin rewards when they shop at partner stores. Like StormX, Lolli aims to make earning cryptocurrency accessible through online shopping.

• Rakuten

A well-established e-commerce platform that offers its users cashback in the form of traditional fiat currency, rather than cryptocurrency. While it doesn't offer cryptocurrency rewards directly, it competes with StormX in the cashback space.

• Honey

A popular browser extension that helps users find discounts and deals when shopping online. It doesn't offer cryptocurrency rewards, but competes with StormX in the sense that both services aim to provide savings to online shoppers.

• Swagbucks

Swagbucks is a rewards program that allows users to earn points (Swagbucks or SB) for various online activities, including shopping, surveys, and more. Users can then redeem these points for gift cards or PayPal cash, which is not the same as cryptocurrency but offers a similar concept of earning rewards.

The Foundation of StormX

The foundation of the project dates back to 2015 when it was originally established as "Bitmaker." In 2017, the project underwent a rebranding and became known as StormX. It was founded with a visionary goal in mind: to make cryptocurrencies more accessible to everyday people by integrating them into everyday activities like online shopping.

StormX achieved this by creating a user-friendly platform and browser extension that allowed users to earn cryptocurrency rewards, such as Bitcoin and Ethereum, while shopping at partner stores and engaging in various online tasks. This innovative approach to cryptocurrency adoption, combined with a commitment to user engagement and gamification, has played a significant role in StormX's growth and success in the cryptocurrency space.

Simon Yu serves as the CEO and co-founder of StormX, boasting a notable academic background with his graduation from the University of Washington in 2014 and subsequent participation in the Berkley Blockchain Xcelerator program offered by the University of California in 2020. His entrepreneurial journey commenced even before completing his formal education when he launched Penguin Delivery, a company dedicated to delivering Korean barbecue tacos to students on campus. Following his graduation, Simon Yu embarked on his professional career, first as a financial analyst intern and then as a senior credit risk analyst. 

On the other hand, Calvin Hsieh holds the role of CTO and co-founder within the organization. He shares the distinction of participating in the Berkley Blockchain Xcelerator program in 2020 with Simon Yu. His journey includes a stint at Bomba Fusion LLC, where he joined as a manager and web developer in April 2015 and eventually rose to become a co-owner of the company in 2017. 

StormX token functions

Here's a short overview of the STMX token functions.

Staking

Users could stake their STMX tokens within the StormX platform. Staking provided benefits like higher cashback rates, premium membership, and access to additional features.

Cashback 

STMX tokens were used to reward users with cashback when they made purchases through the StormX platform. Shoppers could earn a percentage of their purchase amount back in STMX tokens.

Governance

Tokens are used for governance purposes, allowing token holders to vote on platform development related decisions.

StormX Development Roadmap

What’s important is that the team is posting about the updates, which is a significant advantage for any crypto project. Here is the news the team shared for 2024:

• Layer 2 Token Integration: StormX is introducing Layer 2 token integration for STMX and ATH tokens, aiming for faster and more efficient transactions with reduced gas fees. Users will have the option to swap or keep their Layer 1 tokens, with no automatic conversions.
• Web Withdrawals: StormX is enhancing the web platform by adding the ability to withdraw shopping and staking rewards directly from the website. This upgrade aims to make the user experience smoother and more convenient, with plans to expand web platform features further, including registration and access to other app functionalities.
• Improved Automated Reward Processing: The project is transitioning to an automated reward payout system, ensuring users receive their rewards as soon as partner purchases are confirmed. This change aims to eliminate wait times for users and reduce revenue loss for StormX due to non-eligible purchases or partner delays.
• Sports Product Expansion: StormX is opening its sports prediction marketplace beta to the public, allowing users to wager on NFL games and introducing new game formats (Game, Team, Player) for challenges. The project plans to add more sports, starting with basketball, and is returning to NCAA March Madness in March 2024.

Overall, StormX is undergoing significant changes in its team structure, leadership, product offerings, and expansion plans to reach a wider audience and continue its growth in the crypto and fintech industry.

Where and how to buy StormX crypto?

Want to buy STMX? Ensure that you get acquainted with the core information about the project and its token. Don’t forget that it should be your own decision to purchase any crypto. If you made your choice, you may easily buy STMX through SimpleSwap:

1. Pick the crypto you’d like to swap (e.g. Bitcoin).
2. Enter the number you want to exchange.
3. Select STMX in the second drop-down list. You’ll see the estimated amount that you will get after the exchange.
4. Click the Exchange button.
5. Enter the Recipient's Address. STMX will be sent there. Check the address you entered — it’s important!
6. Create the exchange.
7. You’ll see the BTC deposit address. You have to transfer the necessary sum of BTC to this address to start the exchange. Then wait for tokens to arrive at your wallet.

To check out StormX coin price prediction, let’s move on.  

StormX Price Chart

Here is the current price chart for STMX:  

*Information given above as of March 19, 2024.

StormX Price Technical Analysis

StormX (STMX) price has experienced a prolonged decline, reaching a local low at $0.003 in June 2023. Subsequently, the price initiated a growth phase, forming a trending support line for STMX. However, it has not yet reached the crucial resistance level at $0.0111 and has corrected back to the trending support line.

Currently, STMX is trading near the point of control level, coinciding with the 200-day moving average. Maintaining above this zone is crucial for STMX to sustain its upward movement. The RSI indicator on the daily timeframe is currently in the neutral zone.

STMX Technical Analysis. Source: TradingView

StormX Price Forecasts Comparison

As of March 2024, different forecast websites provide the following information on the future price of STMX.

• Gate.io:

“Technical analysis showed that StormX is expected to range between $0.00191142 and $0.01101342, with the average price of $0.009102 in 2024.”

• Coincodex:

“The StormX price prediction for 2030 is currently between $ 0.023480 on the lower end and $ 0.038070 on the high end.”

• Cryptopredictions:

“StormX is forecasted to be worth on average $0.016596820484985 by the beginning of 2025 (January).”

Now we can create the comparison table containing the STMX crypto price prediction delivered by these services. Will StormX reach $1 or not?

*Information given above as of March 19, 2024.

Unfortunately, none of these services predict that the STMX will hit one dollar. 

According to Gate.io's STMX forecast, the crypto is expected to maintain a relatively low price, with values hovering around $0.0091 in 2024, gradually increasing to $0.01 by 2025, and reaching $0.019 by 2030.

Coincodex offers a more bullish outlook, forecasting a substantial rise in STMX's value, starting at $0.15 in 2024, climbing to $0.25 by 2025, and hitting $0.50 by 2030.

Conversely, Cryptopredictions presents a somewhat moderate trajectory, anticipating prices of $0.0094 in 2024, $0.0143 in 2025, and $0.0294 in 2030 in their STMX price prediction.

These varying views StormX forecast indicate differing expectations regarding StormX's growth potential, likely influenced by factors such as adoption rate, technological developments, market trends, and regulatory environment. Investors should conduct thorough research and consider multiple perspectives before making any investment decisions in StormX.

Please note that the information given may change anytime. The price predictions for the cryptocurrency is not stable and depends on the market volatility and many other factors. Do not make any investment decisions based only on the price forecasts. 

StormX Price Forecast 2024, 2025, 2030

Here’s a general overview of StormX price prediction:

*Information given above as of March 19, 2024.

StormX (STMX) crypto price prediction 2024

In light of the anticipated bullish market conditions in 2024, StormX (STMX) is expected to see a price increase, potentially reaching $0.013. 

StormX (STMX) coin price prediction 2025

Moving ahead to 2025, the maximum price prediction stands at $0.02. This represents a slight uptick from the previous year, indicating potential growth in the cryptocurrency's value.

StormX (STMX) coin price prediction 2026

StormX coin price prediction 2026 is $0.028. This suggests a gradual but steady rise in value over the years. Investors should closely monitor the cryptocurrency market and stay informed about any developments that may impact STMX's price.

StormX (STMX) coin price prediction 2030

Looking further into the future, the maximum projected price for STMX in 2030 is $0.0995. This long-term prediction implies that STMX could experience incremental growth over the years, but it's essential to exercise caution and consider other factors that might influence the cryptocurrency's performance over the next decade.

A Historical look at STMX's price

The STMX’s all-time high occurred in January 2018. Back then, the cost was $0.2466. The ATL of this asset took place in 2020 in March. The lowest price of STMX was $0.0005756.

StormX /USD Pair

Compared to the previous year, the STMX price in USD has decreased a little.

StormX /EUR Pair

The same happened to the euro price — it faced a small reduction. 

StormX Correlation

The STMX token displayed diverse levels of correlation with the prices of various coins, demonstrating a mix of positive and negative relationships. Let's delve into which assets exhibited these correlations.

Positively Correlated Currencies

Negatively Correlated Currencies

What affects the price of StormX?

Cryptocurrency prices are influenced by a range of factors, with market sentiment being a primary driver. Positive news and increased confidence can propel prices higher, while negative developments can lead to declines. Supply and demand dynamics, particularly in cryptocurrencies with fixed supplies like Bitcoin, can significantly affect prices. Events such as halving, which reduces new coin creation rates, also influence supply.

Market liquidity and trading volume play a crucial role in price stability. Higher liquidity reduces susceptibility to manipulation and allows for more significant price movements. Finally, external factors like regulatory changes and global economic conditions can lead to both upward and downward price swings. In summary, cryptocurrency prices are shaped by a combination of market sentiment, supply and demand, liquidity, and external events, making them inherently volatile and unpredictable.

In case of STMX, its price is affected by the several factors, including:

1. Adoption and use cases
   
   
   The adoption and real-world utility of StormX's platform can have a significant impact on its price. If more people and businesses use STMX tokens for cashback rewards or as a means of payment, it can increase demand and potentially drive prices higher.
2. Regulatory developments
   
   
   Regulatory changes and government policies regarding cryptocurrencies can impact the price of StormX. Positive regulatory developments can provide a sense of legitimacy and security, while adverse regulations may lead to uncertainty and price declines.
3. Competition
   
   
   The presence of competing projects and platforms offering similar services can also affect StormX's price. Market competition can drive innovation and potentially influence the adoption of StormX's services.
4. Token supply and demand
   
   
   The supply of STMX tokens in circulation and the demand for these tokens in the market can directly impact their price. Events such as token burns or staking programs can affect the token's supply dynamics.
5. Technological developments
   
   
   Upgrades, improvements, or changes to the underlying technology of StormX's platform can influence investor confidence and interest in the project, potentially impacting its price.

Should you consider buying StormX?

Now you probably have the main question — is STMX coin a good investment? Focusing on the advantages of the project, we may conclude that it is worth paying attention to due to various benefits.

One of the primary attractions of STMX is its cashback rewards system. Users can earn tokens by shopping through the StormX platform at various online retailers. This feature provides an incentive for users to make purchases and receive cryptocurrency rewards, essentially allowing them to earn while they shop.

StormX wants to make crypto available to a broader audience. With its user-friendly mobile app and browser extension, it allows individuals to easily participate in the cryptocurrency ecosystem, even if they have limited experience with digital assets.

For those interested in earning cryptocurrency without investing significant capital, StormX offers an avenue to accumulate STMX tokens through shopping, completing micro-tasks, and participating in promotions. This approach can be particularly appealing to newcomers to the crypto space.

STMX tokens have utility within the StormX ecosystem. Users can use them for various purposes, including staking, unlocking premium features, and participating in token-based promotions. This utility can potentially drive demand for STMX tokens.

StormX has an active and engaged community of users and supporters. This sense of community can foster interest and trust in the project, as well as provide valuable insights and opportunities for interaction.

As the platform continues to expand, partnerships with additional retailers and the introduction of new features may increase the utility and demand for STMX tokens. This growth potential can be an attractive proposition for investors.

However, even considering these advantages, don’t hurry to make an investment decision. Always do your own research on the project first. The price of any coin may change anytime. 

Conclusion: The future of STMX

Taking into account the advantages of the project, we may conclude that it has optimistic prospects. 

Do not forget that the future of any crypto is subject to a wide range of factors, including technological developments, market dynamics, regulatory changes, adoption rates, and more. To get the most up-to-date information on the future of STMX, we recommend checking recent news, official announcements from the team, and conducting research on the coin's current status and roadmap. Cryptocurrency markets can be highly volatile, so it's essential to stay informed and make investment decisions based on the latest information and your own assessment of the project's potential. 

StormX Price Forecast FAQs

Now if you have any questions left, check out this section with the most frequently asked questions about STMX. 

Is StormX crypto a good investment?

In order not to give investment advice, we’ll say that StormX is a promising project. You may do your research on the company to decide whether you want to invest in it or not.  

Will StormX (STMX) reach $1

There’s a weak possibility that the coin will hit one dollar — most price forecast websites do not predict this price for STMX in the near future.

What will STMX crypto be worth in 2030?

According to our prediction for STMX in 2030, the price might reach $0.0995.

Will STMX go up?

According to the price prediction services, the price of this coin will go up.

Does STMX have a future?

Yes, StormX is considered a promising project. Considering its age, it still operates and develops.