On their website, the Krest team calls themselves the world’s first economy of things simulation network. The platform is also a DePIN (decentralized physical infrastructure network).
The platform allows testing dApps in the areas of socio-economic, technological, community, and governance innovations without real-world impact. The utility token of the platform is known as KREST.
This article is your one-stop guide for understanding the Krest Network and its gas token. We will discuss the major features of the platform, its token economics, its past performance, and future price forecasts.
Towards the end, I will tell you where and how you can buy the Krest tokens if that’s what you want. Let’s get started without any further ado.
Krest Network Key Features
| Machine Simulations | Krest Network uses mini-computers, like Raspberry Pi, to simulate machines, robots, devices, or vehicles, |
| Socio-Economic Experimentation | With the help of EoT and DePIN, Krest offers an environment for socio-economic experimentation. |
| Technical Innovation | Users of Krest Network can create smart contracts, tools, dApps, or anything else in a real-world environment, on a live network with real tokens and an active community. |
| Fast Governance | Krest allows fast governance cycles, allowing users to build, test, and reiterate at greater speeds. |
Krest Network (KREST) Tokenomics
The total supply of KREST is 400 million tokens which is also equal to the maximum supply. Out of these, only 51.46 tokens are currently in circulation.
Krest Network (KREST) Past Performance
While I am penning this article, KREST is traded at $1.15, up 65.19% from yesterday’s prices. Its market capitalization stands at $59.37 million. The 24-hour trading volume is $2.25 million, up a whopping 509.35% from yesterday.
Krest Network (KREST) Price Prediction 2024
Technical analysis by your experts suggests that the market is Bullish about Krest and the Fear & Greed Index is at 84 signaling Extreme Greed. Krest recorded 18 (60%) green days over the last 30 days with a large 24.80% price volatility. Current market conditions suggest that Krest’s price will go up by 31.98% and hit $ 1.93 by the second week of March.
Krest Network (KREST) Price Prediction 2025
Coming to 2025, the price of KREST is expected to fall between $1.46 on the low end and $ 7.24 on the high end. If we compare that with today’s price, this will translate into a neat 546.22% return if the token hits its upper price target.
Krest Network (KREST) Price Prediction 2030
Though we are in speculative territory now, in 2030 the price of the Krest token is expected between $ 4.05 and $ 6.57. Compared to today’s price, this will be a 483.58% return, still a good yield, but not as good as the 1-year expected returns from 2025.
Where to Buy Krest Network (KREST)?
If you plan to buy KREST, you don’t have much to choose from and you can do that. You can get your Krest tokens from MEXC or XT.COM
How to Buy Krest Network (KREST)?
Follow these steps to buy KREST tokens from MEXC.
1. First, go to the MEXC website and create your free account by signing up with your email address or mobile phone number. To start trading, you will also need to complete your KYC.
2. Click on the ‘Buy crypto’ link on the top left of the MEXC website buy USDT, and then use these to buy KREST on the spot market.
3. Your tokens will appear on your MEXC wallet. You can hold them there or send them to a personal wallet via blockchain transfer.
Conclusion
Offering a testbed for innovative real-world applications, Krest Network democratizes the space for independent developers to create large projects.
Its native token KREST has garnered investor interest in the days leading up to last week. Our experts think that the token will continue to maintain its upward momentum.
However, it is important to note that crypto assets, including tokens, are susceptible to large price fluctuations. The price of such instruments may not always reflect the value of the underlying assets.
Thus the reader is cautioned to do their research before putting their money into such risky asset classes. As always, don’t invest with borrowed money or your family’s emergency funds.
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