$UTK $UTK
All time high price is $1.4937 at 2021-08-13
The Utrust token (UTK), now known as xMoney, is a cryptocurrency designed to facilitate digital payments within its ecosystem. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain with a total supply of 500 million tokens, UTK has since evolved. In 2022, following Utrust's acquisition by Elrond Network (now MultiversX), the UTK 2.0 token was introduced as an ESDT variant on the MultiversX network, enhancing its utility and integration within the ecosystem.
The current maximum supply of UTK is 1 billion tokens, with a circulating supply of approximately 704 million tokens. The tokenomics are structured to benefit holders, businesses, and users, offering rewards, cashback, and staking opportunities.
Price predictions for UTK by the end of 2025 vary among analysts:
CoinCodex forecasts a trading range between $0.101239 and $0.202204, with an average expected price of $0.13296.
Binance anticipates a price of approximately $0.099313.
DigitalCoinPrice projects a potential increase, suggesting that UTK could reach around $0.24 by the end of 2025.
BitScreener offers a more optimistic outlook, predicting a maximum price of $0.3094, a minimum of $0.08202, and an average around $0.1863.
It's important to note that cryptocurrency markets are highly volatile, and such predictions should be approached with caution. Investors should conduct thorough research and consider market conditions before making investment decisions.