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Coin98 Price Prediction: Is C98 Going to Reach $10 Soon?

Coin98 seemed to have taken the crypto world by the storm — it appeared almost out of nowhere and became one of the most talked about crypto projects in late summer of 2021. Since then, the interest may have waned a bit — but do Coin98 price predictions reflect that? Read on to find out.

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Coin98 Fundamental Analysis

Project name
Coin98
Stock Symbol
C98
Current Price
0.2394064865
Current Supply
143888887.9999

Coin98, or C98, is a utility and governance token powering Coin98 — an infrastructure solution for various DeFi products with a focus on chain interoperability and user experience. Coin98 was founded in 2020 by Coin98 Labs and went through an IEO on Binance Launchpad in July 2021.

Coin98’s creators see its primary mission as becoming a one-stop-shop for all the DeFi services a user may need. The first of those services to be released is the Coin98 Wallet, a non-custodial crypto wallet with multichain support. At the moment, there are multiple DeFi products in development, for example:

  • An exchange service;
  • A multichain borrowing and lending aggregator;
  • Staking-as-a-Service protocol;
  • A yield farming solution.

Coin98 supports more than 20 blockchains, which is more than other similar multichain solutions. This helps uniquely position Coin98 at the center of the DeFi world.

C98 token is a cornerstone of the Coin98 ecosystem. This token exists on three blockchains: Ethereum, Binance Smart Chain, and Solana, and has multiple functions. First of all, C98 serves as a currency to pay transaction fees within the ecosystem. Secondly, this token is used as a reward, both for the active community members and for liquidity providers. Also, C98 holders can vote on proposals, as well as enjoy different tiers of membership bonuses depending on the number of tokens held.

Coin98 Live Price Chart

C98 token went through its launch in late July 2021, but by the fall’s beginning, its price has already been through a rollercoaster. Coin98 has started trading at ~$0.075, but by the second day after the start of the sale, it has already reached ~$3. Just a few days later the coin has almost touched $1, although in the end the price held above this mark.

Since mid-August, C98’s price has been mostly trending up, hitting a high of  $6.42 on August 25. In the last days of the month, though, it seems to have entered a correction, with its price going down to ~$5. 

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Coin98 Technical Analysis

Despite the fact that 100% accurate technical analysis for Coin98 cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated C98 buy-and-sell rating for selected timeframe. The summary for C98/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Coin98 Price Prediction

Below we have collected the most reliable price projections for Coin98 (C98) from popular forecast platforms.

Coin98 Price Prediction for 2022

As of Coin98 price predictions for the rest of 2022, there are divergent opinions. WalletInvestor expects an upturn towards $0.323199, and PricePrediction.net echoes with ~$0.342351 by the year’s end. Other experts, for example, from TradingBeast, are more pessimistic about Coin98’s future price, citing numbers downwards of $0.071822 in December.
Potential ROI: 3% Buy

Coin98 Price Prediction for 2023

In their Coin98 price predictions for 2023, PricePrediction.net forecasts the coin’s price to go down to $0.237012 by December. Forecasting Coin98 future, TradingBeast expects further decrease of its price, too, saying the Coin98 price will reach ~$0.058176 by that time. On the contrary, WalletInvestor keeps predicting Coin98 price growth, quoting prices around ~$0.375868 in 2023.
Potential ROI: -7% Sell

Coin98 Price Prediction for 2024

Coin98 price predictions for 2024 are still predominantly negative, with some analysts promising prices in the $0.020943–$0.172373 range (TradingBeast, WalletInvestor), while PricePrediction.net takes a different view and cites the possibility of the price reaching $0.450084 in December 2024.
Potential ROI: -10% Sell

Coin98 Price Prediction for 2025

WalletInvestor has only pessimism in store for the 2025 Coin98 price prediction, valuing Coin98 at $0.086186 by the end of 2025. TradingBeast agrees with a negative forecast and predicts, in turn, $0.019687 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their Coin98 price prediction for December of this year is just $0.466843.
Potential ROI: -20% Sell

Coin98 Price Prediction for 2030

Speaking of long-term Coin98 price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Coin98 price won’t grow further and, opposedly, will decline to $0.146038. TradingBeast’s price prediction for Coin98 echoes with the projection of a downtrend to $0.026183. Despite this, WalletInvestor’s vision remains positive, promising growth up to $0.256165.
Potential ROI: -40% Sell
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Summary

As it can be clear from the analysis cited above, Coin98 (C98) projections are rather contradictory. There is no universal consensus either about positive or negative future C98 price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Coin98 projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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