1. Technical Growth and Expansion:
If SphereX continues to develop its technologies, especially in the field of decentralized trading using artificial intelligence, it could become a strong competitor in the DeFi space, enhancing the value of SXT.
2. Partnerships and Adoption:
Any strategic partnerships or adoption of the project by major institutions will significantly support the price in the long term.
3. Supply and Demand:
If the supply remains limited and SXT is used as the primary token on the platform (for fees, governance, rewards), demand will rise as the platform expands, supporting the price.
4. Overall Market Condition:
Like any digital asset, the success of SXT is partially tied to the overall market movement. In a bullish market, strong gains can be achieved.
My overall expectation:
If the project continues to evolve and grow, SXT could achieve a gradual increase to exceed its current levels several times over the next 2-3 years.
But of course, effective risk management remains essential, especially in small to mid-cap cryptocurrencies.
