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- 1 The price prediction shows that the Curve DAO Token price may surpass the $1 mark by 2024.
- 2 CRV price currently trades at $0.549 with a drop of 3.14% in the past 24 hours.
- 3 CRV crypto price hovers between the key EMAs of 50-day and 200-day.
CRV DAO token is a utility token for Curve, a platform that allows users to swap and provide liquidity for stablecoins and other similar assets. CRV is used for governance, rewards, and fees on the platform.
Users can stake CRV to get voting rights and claim a share of the trading fees. Users can also earn CRV by providing liquidity to the Curve pools. Curve aims to offer low slippage and high efficiency for stablecoin trading and yield farming.
The Curve DAO Token has been trading in a sideways range in the recent sessions as observed after the analysis of the daily chart. The price hovers between the 50-day and 200-day EMA after a short-term bullish rally.
The CRV price is up over 12.5% in a month and 21.1% in a month. The recent gains have also recovered the initial losses in the current financial year 2023. The short-term trend has turned optimistic after the recent price surge.
Curve DAO Token Price Prediction 2023
The technical indicators imply that the CRV price currently trades between the 50-day and 200-day EMA. The price currently exhibits a bullish to sideways outlook until it is maintained between the EMAs. The breakout or breakdown may further decide a clear trend.
The volume analysis shows that it had a 24-hour trading volume of $51.42 Million with a drop of 9.32% as compared to the last day. The live market cap is $507.79 Million and stands at 90th position among the top cryptos. The volume-to-market cap ratio is 11.09% indicating mild volatility in the market.
The most optimistic price forecast shows that the CRV may reach a high of $63.21 indicating an upside potential of 0.694% by year-end. The pessimistic view of analysts estimates the price may drop to $0.462.
Curve DAO Token Price Prediction 2024
According to the analysts, the most optimistic target that CRV price may achieve is $0.97. It indicates an upside potential of 78.14% from the CMP. The average analyst price target is $0.84 by the end of 2024. However, the pessimistic view of analysts expects the price to reach $0.72.
Curve DAO Token Price Prediction 2025
As the most optimistic analysts’ projections, the CRV price could soar to $1.58 as its peak value in the next three years. The lowest forecast for the price by 2025 is $1.04.
Curve DAO Token Price Prediction 2026
The CRV price may reach a high of $1.956 if a positive trend prevails for the crypto market. On the other hand, the most pessimistic view of the analysts expects the price to reach $1.431 by 2026.
Curve DAO Token Price Prediction 2027
The most optimistic view of analysts predicts that the price could reach up to $2.66 as its highest level by 2027 end. The minimum price target that the CRV crypto may achieve by 2027 is $1.96.
Curve DAO Token Price Prediction 2028
The CRV crypto may rise to a high of $3.71 if the most optimistic trend prevails. By 2028, the most bearish estimate as per the analysts is around $2.89 as its lowest level.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
