You can’t escape the heat surrounding cryptocurrencies. You can’t ignore the power of understanding a digital currency, all of which you can learn from YouTube tutorials, celebrity tweets, and online guides. The total market capitalization of the global cryptocurrency is about $800 billion, making it a great investment opportunity for anyone looking to diversify their portfolio. In January 2021, there were more than 4,000 different cryptocurrencies worldwide.
However, certain risks are associated with your selected crypto asset like any investment avenue. In 2017, a team of highly qualified professionals, namely Loi Luu, Victor Tran, and Yaron Velner, came together to address the security issue, thereby creating a genesis called Kyber Network Crystal (KNC). This token is based on the Ethereum platform and aims to make swapping digital assets and cryptocurrencies simple and effective.
So, where is the KNC Coin Market heading in this current crypto ecosystem? Here’s what you need to know:
What Is KNC?
Kyber Network is a rapidly growing decentralized cryptocurrency that provides an alternative for users to buy and sell their assets. This exchange occurs over a robust Ethereum blockchain. As a result, the Kyber team combined three tools to facilitate this process, including a protocol for sale, an application programming interface (API) for converting assets, and the KNC cryptocurrency itself.
In July 2020, the Kyber Network saw over one million transactions resulting in a volume of $1 billion. So, If you are in the market to buy knc, this is a good choice on your part and worth your money.
What Predictions Are In Store For KNC?
There is no denying that the cryptocurrency market is volatile. It increases drastically overnight and can also crash suddenly. Still, cryptocurrency is an excellent investment. So, being cautious before you invest is natural and intelligent.
To make sure you get the most of the money you put down, here are some forecasts for 2022 to 2030 that you can follow to make your decision:
KNC Prediction for 2022
During the first quarter of 2022, the KNC was soaring in the skies. However, around May, KNC prices slightly dropped, but this fluctuation was not enough to deter it from its route. As you gradually near the end of 2022, you should expect the KNC to hit a minimum of $1.98 and reach an all-time high of $5.70. The average per token this year may go up to $3.00.
KNC Prediction for 2023
There are speculations of a rise in the price of KNC by the end of 2022, predicting the start of 2023 with higher growth. The minimum price for the coin may be about $3.26, and it may go up to $9.00 by 2023. This levels out the average cost to about $5.82 per token, making next year fruitful for investors.
KNC Prediction for 2024
KNC is undoubtedly becoming popular; if it does well in 2023, you should expect an upward trajectory in 2024. This game will lead to more investors looking to dip into KNC and become a more robust digital asset. According to the KNC price forecast for 2024, the popularity of this coin’s purchase should significantly improve costs. You may be able to purchase it for a minimum of $6.48, while a maximum may hit $11.00. This leads to an average of $8.60 per token.
KNC Prediction for 2025
Since the last two years will result in a high buyout, it’s safe to build on that assumption and predict a higher growth rate by 2025. So, you should not expect the coin to go below $9.00 and at least escalate to a booming $14.80 per token. As a result, the average price may be around $12.
KNC Prediction for 2026
Entering 2026, following previous trends, you can be sure that the price of KNC will not drop below $12.67 throughout this year. There is also an expectation that the price may go up to $18.70 per token with an average of $16.00.
KNC Prediction for 2027
According to an analysis of the KNC performance, expect a low minimum for the token this year. You will get these coins at a minimum of $13.90 per token, but the maximum is a soaring cost going up to $23.40. Therefore, you should expect an average of $18.20 per token.
KNC Prediction for 2028
As previous trends suggest that the price of KNC is not dropping anytime soon, you should continue expecting high prices. You may get the token at a minimum of $16.50 in 2028, while the maximum will be over $28.00. So the average price may be in the region of $22.00 for each token.
KNC Prediction for 2029
As the decade is nearing an end and you have only seen an upward rise in the price of KNC, expect the same in 2029. The minimum price of the coin will be $22.06, while the maximum can go to a spectacular cost of $35.18. So the average can go up to $28.78 per token.
KNC Prediction for 2030
2030 is about eight years away. As you get close to the end of the decade, cryptocurrencies may be prevalent. The maximum price of the coin can be approximately $48.70 in 2030, while the minimum may be $27.00. This can even out the cost of KNC to $33.60 per token.
Who Are The Expert Forecasters for KNC?
It would help if you continually diversified your research instead of sticking to one source. This gives you a range of expected results that helps you compare how close the outcomes are to each other and makes the claims on the pricing legitimate. So study every forecast you can find. Here are some analysts you can look into:
- Wallet Investor
Wallet investor; the website has nothing but positivity and reasonable expectations from KNC. This algorithm-based website predicts that KNC may go up to $60 in the next five years.
- Digital Coin Price
Digital Coin price is also viewing KNC in a golden light. Their forecast may not go up to $60 in the next five years, but the website believes that the coin may be at a maximum of $14 in 2030.
- Gov Capital
According to the forecast by Gov capital, KNC may be about $18 in the next five years per token. This is as optimistic as the previous forecast channels making this asset a suitable and reliable venture for your money.
Digital currencies and assets have become highly mainstream. This places cryptocurrency as an investment opportunity for those looking for a long-term reward. While you have many options to choose from, the apparent success of the KNC coin cannot get discarded.
The purpose of KNC was to make trading more manageable, which led to a strong purchasing power. By 2030 the price of this digital currency may go up to $40, with forecast platforms willing to raise the stakes to $60. So if you’re intrigued by cryptocurrencies and long-term investments, try KNC.