Key Takeaways
Predictions for the price of Alien Worlds (TLM) suggest it may reach as high as $0.0174 by the conclusion of 2024. By 2027, the value is expected to fluctuate between $0.0483 and $0.0580, with a median estimate of $0.0500. Looking further ahead to 2030, TLM could achieve a range between $0.1433 and $0.1801, averaging around $0.1476. Alien Worlds is an engaging metaverse that blends NFT and DeFi elements, operating on the WAX blockchain, while also supporting Ethereum and Binance Smart Chain networks. Within this ecosystem, players engage in battles and collaborations to earn rewards in a simulated economic environment. The game is developed by Dacoco GmbH, a decentralized autonomous organization based in Switzerland, where community members also act as validators on the WAX blockchain. The initial stages of Alien Worlds involved crafting a technical framework, designing the metaverse, and launching fundamental game features, including NFTs, a native token, and various planets. The project also introduced a cross-chain ecosystem to facilitate integrations across multiple platforms, with additional developments planned for the future.
Understanding the Native Currency
The primary currency within the Alien Worlds metaverse is TLM, an ERC-20 token characterized by diminishing inflation rates. TLM is required for various activities in the ecosystem, and players must possess a WAX wallet to store the tokens they accumulate during gameplay. The Alien Worlds platform employs the increasingly favored play-to-earn (P2E) model seen in blockchain-based NFT games. This model allows players, referred to as explorers, to earn real financial rewards through their participation in the game and its associated Planet DAOs.
Investment Considerations for TLM
Should TLM be a part of your investment strategy? Let’s delve into the details of Alien Worlds, its token dynamics, use cases, historical price trends, and current price forecasts to guide your investment decisions.
Overview of Alien Worlds
- Cryptocurrency: Alien Worlds
- Ticker: TLM
- Current Price: $0.0143
- Market Cap: $64,332,172
- Trading Volume: $20,433,864
- Circulating Supply: 4,596,859,660 TLM
- All-Time Low: $0.007338 (August 5, 2024)
- All-Time High: $0.7397 (May 3, 2021)
- 24-Hour Low: $0.0143
- 24-Hour High: $0.0136
Technical Analysis of Alien Worlds Price
Current metrics indicate a 30-day volatility of 14.9%. The one-day simple moving average (SMA) stands at $0.010973, while the 200-day SMA is at $0.016725, hinting at a bullish sentiment. The Fear and Greed Index currently registers at 56, indicating a state of greed within the market, with 13 out of 30 days marked as green.
Recent Price Movements and Analysis
Recent analysis of Alien Worlds shows a steady upward movement, with prices now at $0.01431, reflecting a 4.24% increase from previous levels. Resistance for TLM is anticipated around the $0.01447 mark. As of August 24, 2024, market sentiment remains optimistic, with the cryptocurrency demonstrating recovery. The TLM price chart indicates a bullish trajectory, having reached $0.0143 during the day. However, increasing volatility may signal a potential trend reversal, as indicated by the widening Bollinger Bands. The upper resistance level is noted at $0.01447, while support is set at $0.00659.
Detailed Price Chart Analysis
The one-day price chart supports the observation of a bullish trend for Alien Worlds. The Relative Strength Index (RSI) has risen to 71.76, reflecting strong buying pressure. This upward movement suggests a favorable trading environment. In the four-hour chart, TLM has also increased to $0.0143, confirming that buying pressure outweighs selling. The price remains above the moving average, indicating a bullish trend, though volatility is rising, suggesting market unpredictability. The Bollinger Bands indicate resistance at $0.01455 and support at $0.01193.
Technical Indicators Overview
Daily simple moving averages (SMA) and exponential moving averages (EMA) reveal various action signals based on their respective periods. The SMA values for 3, 5, 10, and 21 periods suggest "Buy" signals, while the 200-period SMA indicates a "Sell." In contrast, the EMA values for short-term periods lean towards "Buy" signals, with the 200-period EMA signaling a "Sell."
Evaluating the Investment Potential of Alien Worlds
The blockchain gaming sector is evolving rapidly, with projects like Alien Worlds pushing the envelope of innovation. The expectation is for this game to excel beyond its competitors. Given that TLM tokens are integral for staking and governance, acquiring and holding them may yield significant rewards in the future.
Future Price Expectations for Alien Worlds
Current analysis suggests a highly optimistic outlook for Alien Worlds, with TLM prices reaching $0.01431 following recent upward trends. The token’s value has rebounded by 4.24% in the last 24 hours, as technical indicators indicate bullish support and increasing buyer interest.
Price Predictions for Alien Worlds
Will TLM reach $0.0500? Projections indicate that it could surpass this milestone in 2027, with expected values ranging from $0.0483 to $0.0580. Will it exceed $0.100? Analysts suggest it may reach this level in 2027 too, with possible highs between $1,188 and $1,437. However, reaching $0.500 by 2030 seems less likely based on current market insights.
Long-Term Viability of Alien Worlds
Market analysts generally foresee a promising future for TLM, with expectations of price growth over the coming years, although external factors like market downturns or regulatory challenges could pose risks to this optimistic outlook.
Insights from Recent Developments
Saro McKenna, CEO of Dacoco, emphasized the significance of player-driven communities in enhancing the metaverse’s resilience and vibrancy.
Price Predictions for August 2024
Forecasts for Alien Worlds in August predict a target of $0.0180, with an average price around $0.0105 and a potential low of $0.00659.
Price Projections for 2024
For the latter half of 2024, technical indicators suggest TLM could trade between $0.0156 and $0.0174, averaging approximately $0.0162.
Price Forecasts for 2025-2030
- 2025: Projected range of $0.0238 to $0.0273, with an average of $0.0244.
- 2026: Expected to see growth between $0.0335 and $0.0414, averaging $0.0344.
- 2027: Anticipated to range from $0.0483 to $0.0580, with an average of $0.0500.
- 2028: Forecasts suggest a price range of $0.0707 to $0.0857, averaging $0.0727.
- 2029: Predictions indicate a range of $0.1037 to $0.1227, with an average of $0.1066.
- 2030: Expected price range of $0.1433 to $0.1801, with an average of $0.1476.
Analyst Price Predictions for TLM
Various platforms forecast a bullish trend for TLM. According to predictions, TLM could peak at $0.0174 in the latter half of 2024 and maintain trading between $0.0238 and $0.0273 in 2025. It’s essential to remember that these forecasts are not financial advice, and potential investors should conduct independent research before making decisions.
Historical Price Trends of Alien Worlds
The price journey of TLM began on April 7, 2021, with an opening value of $1.68, peaking at $4.02 shortly after. Following its listing on major exchanges, TLM experienced a rapid decline, hitting a low of $0.0712 by July 2021. It fluctuated throughout that year, reaching a high of $0.353 in August before closing 2021 at around $0.214. The following year saw further declines, with TLM averaging around $0.0151 to $0.0312 for most of 2022. In 2023, there were signs of recovery, but the coin faced volatility, ultimately entering a consolidation phase. As of late 2023, TLM’s price showed signs of resurgence, reaching $0.0220 in December, followed by a period of correction before stabilizing around $0.0141 in early 2024.
