Bitgreen aims to be the solution to blockchain’s problem of high energy consumption. Its token BITG is a green alternative to Bitcoin striving to support sustainable initiatives. Our analysts forecasted a potential Bitgreen price prediction for 2023 to 2025, and examined the project to highlight its use cases and the benefits investors can receive by partaking in the BITG project.
Alongside analyzing Bitgreen in detail, we also found another green project that enables individuals and businesses to reduce their own carbon footprint while receiving tokens and points.
Bitgreen Price History
Analyzing the coin’s price history is a key element when doing a BITG price prediction. Bitgreen’s price action throughout the years may provide clues as to how the coin’s price will behave in the future.
Bitgreen seemed to be a disappointing ICO crypto when it began trading on major exchanges in March 2018. Although it ended its first trading day with a green candle, BITG lost 35% of its value by the end of the following day. Consolidation followed throughout the entire April but higher lows formed towards the end of the month.
At the beginning of May, BITG started spiking and reached its ATH of $12.06 by 4 May. Investors who bought the bottom of the consolidation during April earned 350% profits in just a few weeks. A massive crash followed, and BITG entered a multi-year bear market.
BITG Price History via TradingView
Eventually, Bitgreen reached a low of $0.069 in November 2020, losing just over 99% of its value. No doubt that investors panicked and believed that they would lose their entire investment in the coin. But BITG began making higher lows in December 2020 and continued surging until 13 May 2021 to reach $2.71. That is a price increase of 3,800% since its November 2020 low.
Investors who sold at $2.71 were fortunate because the price crashed just hours later. By the end of May 2021, BITG’s price had dropped to $0.26. Its price consolidated until the end of September, then dropped to $0.07. Unfortunately for investors, that wasn’t the worst of it.
Bitgreen continued making lower lows, eventually dropping to $0.007 in June 2022. A significant recovery followed as BITG’s price pumped just over 520% to $0.04 by September 2022. Sellers proved to be dominant, driving BITG’s price down to $0.009 at the beginning of October 2022.
Bitgreen entered 2023 at $0.014 and traded within volatile zones throughout the first quarter of 2023. The token has faced a downturn in April and is currently trading at $0.013.
BITG then became seen as more of a penny crypto to invest in after its crash, for those betting on a recovery. Let’s quickly summarize the coin’s price history to highlight the returns it provided:
- BITG lost 35% of its value the day after it began trading on major exchanges in March 2018. Consolidation followed throughout most of April, but Bitgreen began making higher lows toward the end of the month.
- Bitgreen reached its ATH of $12.06 in May 2018, rallying over 350% since its initial coin offering.
- The coin lost more than 99% of its value by November 2020 when it reached a low of $0.069.
- By 13 May 2021, BITG surged more than 3,800% to reach $2.71.
- BITG dropped to $0.007 by June 2022 and then pumped 520% to $0.04 by September.
- The price retraced to $0.009 by the beginning of October and then slightly recovered to $0.013.
- Bitgreen continued on its low level since the beginning of 2023, and even Bitcoin’s recent support hasn’t done much to uptick its price. The token is still accumulating around the $0.013 mark.
Bitgreen Price Prediction 2023
Bitgreen’s performance hasn’t shown much confidence since the beginning of January 2023. After opening up in 2023 at $0.015, Bitcoin Green witnesses multiple volatile upswings before retracing the next day. That has been the case all through February 2023, a little in March 2023, and a lot in April 2023.
Bitgreen crossed the $0.030 mark at the start of Q2 of 2023, thanks to Bitcoin reclaiming its place above the $30k mark. However, another reason could have been the token’s own merit, which is to provide a more eco-friendly investment opportunity to traders.
One plus about this project has been seen on social media platforms, where people have said is how it is a ReFi project tha aims to change the crypto game for all eco-friendly projects that come later.
However, most of its social media updates are still about informing the masses about this token and not much about the upcoming developments, – which could hamper this token’s progress this year.
Bitgreen Price Prediction 2025-30 Prediction
ESG investing has grown tremendously in the last few years as investors have become more conscious about the impact their investments have on the environment. At the core of Bitgreen’s protocol is ESG investing. As the project’s marketing campaign spreads and reaches more investors throughout the coming years, demand for BITG should grow.
The additional exposure coupled with the crypto market’s recovery should increase BITG’s value by the end of 2025. But its expanding use case should also attract investors. Besides driving capital to sustainable initiatives, Bitgreen offers smart contract capabilities. Developers can write smart contracts on this platform and build other projects because Bitgreen is a public, open and permissionless blockchain.
Our analysts predict that BITG’s price by the end of 2025 should be $0.037. Even if crypto is in a bear market that lasts for several years, it should eventually make a recovery. The market’s history has shown that it enters a winter for 3 to 4 years before asset prices begin to regain some value.
The Bitgreen price prediction for 2030 is a maximum of $0.076. The average price we estimate is $0.073, and the minimum price is $0.070.
Potential Highs & Lows of Bitgreen
We compiled the Bitgreen price forecast for each year in a table to make it convenient for investors to compare potential returns.
|Year||Potential High||Potential Low|
What is Bitgreen Used For?
Meme coins have proven that hype alone isn’t enough to ensure investors hold an asset. It has to have utility. Bitgreen has several use cases that benefit investors and the environment.
Contributing to Sustainable Initiatives
The key reason for Bitgreen’s development was to provide a platform where ESG investors can contribute positively to the environment. This project acts as a facilitator of connecting investors to causes advocating for a green solution to living.
It aims to drive capital into important sustainability initiatives and empower communities by providing them with carbon credits. Bitgreen also strives to meet the needs of non-government organizations (NGOs) and corporate ESG groups.
Serves as a Marketplace
Using Bitgreen’s Impact Investment Platform enables investors to discover and buy green bonds. By buying green bonds, investors fund renewable energy projects. Bitgreen also enables the financing and purchasing of carbon credits that remove atmospheric CO2 and conserve nature.
Carbon credit purchases enable the Bitgreen Carbon Marketplace to support rainforest conservation. Also, Bitgreen claims that it empowers communities with carbon credits by helping them improve their lives.
Bitcoin’s high energy consumption prompted Bitgreen to build an energy-efficient crypto alternative. This platform claims to consume 99.9% less energy than traditional blockchains. That’s important because it was created to enable developers to build their own projects on Bitgreen.
Developers can use Bitgreen to write smart contracts, and other protocols can also be built on this network because it’s open and permissionless. Having a secure platform to build on is vital to developers, and that’s the reason Bitgreen aims to be a parachain in the Polkadot ecosystem. If it does, it receives the benefits of security and cross-chain connectivity in Polkadot’s ecosystem.
Readers may also be interested in our review of SolarCoin (SLR).
Is Bitgreen the Most Sustainable Crypto?
BITG has the potential to provide significant returns from 2025 and beyond. Energy-efficient crypto projects are becoming more prevalent, and many investors insist on putting their money only into projects that have a positive impact on the environment.
Another project that has come to the surface for such investors is Ecoterra. With its unique Recycle2earn philosophy, Ecoterra rewards those who recycle. This token gained a lot of traction soon after it was announced as a presale, which is great for a project which has only entered its value chain.
At the center of this project is the Ecoterra app that rewards users for recycling. Each time users recycle at the reverse vending machines, they can take an image of the receipt and upload it to the app to earn ECOTERRA tokens.
Ecoterra tokens give users access to other, deeper functionalities of the app, including an educational platform where you can learn about the green moves you can take to make the environment better.
But since Ecoterra’s focus is also on businesses, three mode additions have been made to the application
- Impact profile – The impact profile lets companies track down their carbon emissions and the moves they have taken to stay close to their ESG standards. The higher the impact points a company has, the more its reputation in the business sphere.
- Recycled Materials marketplace – Recycled marketplace gives companies access to recycling companies that sell recycled raw materials. Ecoterra can be used as a mode of exchange to buy recycled materials via the app.
- Carbon Offset marketplace – Ecoterra can also be swapped to buy carbon credits from the carbon credit marketplace. Carbon credits transaction here is ethical, reliable, and transparent.
These factors have allowed Ecoterra to raise upwards of $2 million in investment, and the presale is selling out fast. Invest now before the price increases, and you lose out on the early bird discount.
Our guide covered a Bitgreen future price prediction for future years based on the project’s fundamental factors and roadmap trajectory. Bitgreen has positioned itself in the market as an energy-efficient project that enables investors to be a part of sustainable initiatives.
We found that Ecoterra offers similar rewards as Bitgreen but creates a unique Recycle2Earn ecosystem that motivates people to recycle and earn ECOTERRA tokens. The project also consists of recycled materials and a carbon offset marketplace that gives ESG brands a way to stay true to their ESG roots and gain renown.