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Cream Finance Price Prediction

Jan 11, 2023
6 min read

This blog post will cover:

  • CREAM statistics
  • Cream Finance Roadmap
  • Crypto community about CREAM
  • CREAM Price Prediction
  • CREAM Price Prediction 2025
  • CREAM Price Prediction 2030
  • CREAM Historical Price Analysis

C.R.E.A.M. means "Crypto Rules Everything Around Me". This phrase is the motto of CREAM Finance.

The platform is powered by Binance Smart Chain. CREAM Finance is a lending platform powered by Compound Finance and a decentralized liquidity pool powered by Balancer Labs. The open financial system of this platform works with the help of smart contracts.

CREAM is the governance token of the CREAM Finance platform. In addition, CREAM is used for rewards to encourage customers to interact with Cream Finance by providing credits, loans, or liquidity in various protocols.

CREAM statistics

Let's now take a closer look at the CREAM statistics on CoinMarketCap:

Price prediction at 01.24.2024:
CREAM price: $15.629625409678992
Market capitalization: $29003255.05809951
Volume (24h): $6213335.29448053
Circulating supply: 1855659 CREAM
Total supply: 2924546 CREAM
Max supply: 2924546 CREAM

Cream Finance Roadmap

The platform was created on July 16, 2020 by Jeffrey Huang. Since its founding, the company has launched three products for its users:

  • Lending & Borrowing - lending and borrowing digital assets;
  • Swaps - automated market maker (AMM);
  • Rewards - liquidity mining and staking.

There is no roadmap, but on the official website, the project team has published the info about its plans for 2022 due to merging the Ethereum main network (ETH1) with all ETH2 upgrades such as the beacon chain and the sharding system.

Crypto community about CREAM

The popular analyst SmartContracter, who correctly predicted the beginning of the bear market for Bitcoin in 2018, speaks about the promising CREAM token:

Fans of this crypto see great potential in the development of the CREAM token. They are looking forward to increasing its price in the near future.

However, there are also those who are pessimistic about the CREAM cryptocurrency.

CREAM Price Prediction

CREAM Price Prediction 2025

As of January 24, 2022

WalletInvestor analysts predict that in 2025 the maximum price of the CREAM token will be only $7.869. But DigitalCoinPrice makes a more optimistic forecast, it is assumed that the maximum average price of the token for 2025 will be around $102.08.

CREAM Price Prediction 2030

As of January 24, 2021

Experts from the CryptocurrencyPricePrediction service suggest that at the beginning of 2030 the price of the CREAM token could reach $2,224.72, and by the end of the year - $2,917.66.

CREAM Historical Price Analysis

As of January 24, 2022

All Time High - $368.26 (Feb 04, 2021)All Time Low - $9.24 (Aug 07, 2020)

In August 2020, the CREAM token price started at $69.4. Shortly after the launch of C.R.E.A.M. Swap the price of the token began to rise and reached $282.43. After that, the price dropped sharply to $57.36.

On September 16, 2020, the token was listed on the Binance exchange, and after that its price reached $130.

CREAM reached its historical maximum after the announcement of integration with Alpha Finance Lab and Sushi.

But then the price was adjusted to $237. On February 13, 2021, the platform lost $37.5 thousand as a result of a hacker attack. From that moment on, the CREAM price began to fall rapidly until it reached $114.

From the beginning of March 2021 until the end of July, the price ranged between $90 and $179. The price dropped to $132 after the second hack on August 30, 2021.

On September 8, the attacker returned about 97% of the stolen amount.

After the third hack on October 27, 2021, the CREAM token price dropped from $156 to $92. Shortly after Cream Finance announced that it was going to return the funds to users, the price of the CREAM token dropped even lower, to $34.

In mid-January 2022, the price of the token began to rise again and reached its 2022 high of $87.

The platform is constantly evolving, although it is quite new in the DeFi space. The Swap product has also attracted quite a few new users from other decentralized exchanges, thanks to lucrative fees.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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