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- 1 The Venus crypto price slid 6.55% in the past 24 hours and currently trades at $9.68.
- 2 The XVS coin price prediction shows that it may gain over 650% by the end of the financial year 2028 and reach a high of $77.68.
- 3 The weekly chart illustrates an optimistic trend prevailing above the 50-day EMA.
Venus is a DeFi platform that allows users to lend and borrow crypto assets on the Binance Smart Chain. It supports various cryptocurrencies, including Bitcoin, XRP and Litecoin. It offers fast and cheap transactions.
Users can borrow without credit checks by providing enough collateral, which also secures the loans. The platform uses price-feed oracles from Chainlink to prevent market manipulation.
The XVS coin is the native token of Venus crypto which is used for governance and voting on the protocol. It aims to provide a simple crypto lending and borrowing solution.
The Venus crypto price witnesses the breakout of a long-term consolidation and a trend shift towards the optimistic side. The weekly XVS/USD chart shows an optimistic trend above the key moving average of 50-day EMA.
Moreover, the price trend analysis illustrates that the price bottomed out in September 2023. Thereafter, the bulls turned aggressive and the price initiated a bullish trajectory forming higher highs. The price currently hovers at $9.68 with a gain of nearly 100% in the past three months.
Venus Price Prediction 2023
The volume analysis shows that XVS has a 24-hour trading volume of $37.209 Million with a drop of 11.61% as compared to the last day. The live market cap of Venus is $152.18 Million and ranks 255th among the top cryptos. The volume-to-market cap ratio is 25.61%, indicating high volatility in the market.
The price prediction for 2023 shows more upside potential. The optimistic view of analysts estimates the price may reach a high of $11.798 by the year-end. The pessimistic view of analysts estimates that the price may drop to $7.774.
Venus Price Prediction 2024
As per the analysts, the most optimistic target that the XVS coin price may achieve by 2024 is $21.13, indicating an upside potential of 117.58% from the CMP. However, the pessimistic view of analysts expects the price to reach $14.42.
Venus Price Prediction 2025
The most optimistic analyst forecast for the Venus coin expects the price to reach a high of $29.740 with a potential gain of 207.7% from the CMP. The minimum forecasted price by the end of 2025 is $19.87. The average predicted price till 2025 is $24.29.
Venus Price Prediction 2026
The XVS token price may reach a high of $36.54 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $27.22 by 2026.
Venus Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates the XVS price to reach a high of $52.13. The minimum price target of analysts is $39.046 by 2027.
Venus Price Prediction 2028
Till 2028, the overall crypto market may see more exposure and evolve more. On the most optimistic side, the XVS crypto price may reach a high of $77.68. However, the pessimistic view of analysts expects the price to reach $51.68.
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.
