Curve Token Price Prediction
This blog post will cover:
- CRV statistics
- Curve Roadmap
- Crypto community about CRV
- CRV Price Prediction
- CRV Price Prediction 2025
- CRV Historical Price Analysis
Curve DAO token is originally a token of a decentralized exchange Curve DAO. It’s specific feature is that it is used to exchange stablecoins via the AMM (automated market maker) for liquidity management.
It was launched in January 2020 and since then has been growing consistently. Later in August the creators launched a DAO (decentralized autonomous organization) on the base of their cryptocurrency and established CRV as a utility token of the platform.
The CEO of the project Michael Egorov has great experience in the crypto-field. In 2015 he became a co-founder of the NuCypher project, later he founded a decentralized bank LoanCoin and in 2020 he created the Curve DAO token with its DAO exchange.
Let's look at the statistics of the CRV token on the CoinMarketCap service:
The developers don’t share an official roadmap of their project, yet they explain on their official website why their ecosystem has grown so quickly. They explain it by saying “...there is a much bigger need for crypto users to move from a stable coin to another. Centralised exchanges tend to have high fees which are problematic for those trying to move from a stable coin to another. As a result, Curve.fi has become the best place to exchange stable coins because of its low fees and low slippage.”
Anyway, taking into account the technologically-explicit whitepaper of the project it can be expected that the project is going to evolve in the future.
Crypto community about CRV
It seems that the crypto community is active on trading CRV and has positive opinions on the project.
This is always a good idea to check your favorite trustful investment blog, crypto academy, or other sources to collect more opinions when reviewing price forecasts. Let's see some of them!
CRV Price Prediction
Here we’ve got different CRV price forecasts provided by various services.
- According to data of digitalcoinprice.com we can see this price prediction:
- WalletInvestor experts make this forecast for the CRV crypto:
- Here is a forecast made by WalletInvestor.com:
CRV Price Prediction 2025
As of January 20, 2022:
The experts on Walletinvestor say that in 2025 CRV will be average around 20$ USD within the year, with consistent growth from 18$ USD in January to 22$ USD in December.
However Digitalcoinprice.com data says that the year will be opened with the price of $9.33 USD without any significant changes within the year. The highest price of $10.37 USD is expected in August and the lowest in February - $7.86 USD. The year will be closed with $9.29 USD.
CRV Historical Price Analysis
As of January 20, 2022:
All-time high - $60.50 (Aug 14, 2020)
All-time low - $0.3316 (Oct 25, 2020)
The CRV token started off in 2020 with the price of $6 USD but within 2 month rapidly fell to $0.35. Then from 12.01.2021 its price began a slow growth to $3.36. It happened due to the addition of a liquidity pool, since from the price of the token has been fluctuating around $3 USD without any sudden ups or downs. This way of things opens CRV’s way to being an actively traded token. We see now that there’s nothing extraordinary happening to the project, yet as it has been mentioned earlier in the whitepaper of the project an explanation of the technical aspect with the future prospects of being actively developed and improved. All of that makes the Curve DAO token one of the most forward-looking projects on the market.
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.