Chromia is a project designed to combine the best of two worlds: the convenience and reliability of relational databases and the cryptography-based security of blockchain. Many analysts believe that this gives this project strong fundamentals and a promising future. You can read what those experts think in this article, containing their Chromia coin price predictions for 2021 and beyond.
Back
Chromia Price Prediction: Will Chromia Reach $5?
Swap Tracker
Wanna get a free genesis NFT and cashback for CHR swaps?
Table of Contents
Chromia Fundamental Analysis
Project name
Chromia
Stock Symbol
CHR
Current Price
0.1569
Current Supply
567296409.423021
Official Website
Chromia is an open-source blockchain network that allows people to build dApps with real utility, including blockchain-based games. The unique characteristic of Chromia is that it is also a relational database, so the project’s backends are written in a specialized language that is coherent with the relational model. The project was updated from an earlier technology named “Postchain” and was named Chromapolis at first.
Its goal is to overcome the limitations contemporary blockchains are facing, such as low-level security, high fees, and poor user and developer experience. The crew behind the project believes that when the goal is achieved it will accelerate blockchain projects to the mainstream.
Chromia was introduced by the Swedish company Chromaway AB. The platform works as a standalone Layer-1 blockchain and also as a Layer-2 enhancement for Binance Smart Chain and Ethereum. Chromia Chains are anchored to the Proof-of-Work blockchain like Bitcoin or Ethereum.
Chromia can be used for building any types of dApps and especially suitable for the cases involving management of complex data sets, for example massive multiplayer online games. It already hosts projects like Hedget, which allows users to trade crypto options, LAC property Chain, the government land registry enterprise. In 2021 Chromia collaborated with decentralized NFT Gaming platform My Neighbour Alice and provided a dedicated node to complete relational blockchain validation within the game.
The platform is powered by CHR — native token that was created in May 2019 to strengthen the relationships between all the network participants: users, developers and investors. It has a total supply of 978 million tokens with 567 million of them currently being in circulation.
Chromia Live Price Chart
CHR token was experiencing bullish trends from the beginning of the year. Its price almost doubled in January from $0.02 to $0.04. For the next 2 months, coin didn’t gain much value, but also didn’t lose it while the whole crypto market was quite uncertain.
In March when general bearish trends had loosened up, CHR went almost vertical, skyrocketing to $0.83 in a single day and showing over 4000% of increase since the beginning of the year. The correction came straight after, dipping the price to $0.17 for a short time. CHR recovered its value in April but was again corrected in May following bearish tendencies and experiencing a 38% pullback on May 23. It exactly matches the time when Bitcoin and other major crypto saw the crash.
After that, the price stayed down and was bouncing around $0.25 till the mid of July. By the end of July, though, the bullish rally took another turn that lasted till early September. Following the overall market correction, the token price declined to $0.258. It stayed bouncing between $0.29 and $0.34 till the end of October when suddenly it went up, reaching an all-time high of $1.23 on November 10.
Chromia Technical Analysis
Despite the fact that 100% accurate technical analysis for Chromia cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated CHR buy-and-sell rating for selected timeframe. The summary for CHR/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Chromia Price Prediction
Below we have collected the most reliable price projections for Chromia (CHR) from popular forecast platforms.
Chromia Price Prediction for 2023
As for Chromia price predictions for 2023, there are divergent opinions. WalletInvestor expects a downturn towards $0.0283, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from PricePrediction.net, are more enthusiastic about Chromia’s future price, citing upwards of $0.199263 in December.
Potential ROI:
-52%
Sell
Chromia Price Prediction for 2024
In their Chromia price predictions for 2024, WalletInvestor forecasts the coin’s price to go down to $0.00695 by December. Forecasting Chromia future, TradingBeast expects further decrease of its price, too, saying the Chromia price will reach ~$0 by that time. On the contrary, PricePrediction.net keeps predicting Chromia price growth, quoting prices around ~$0.233781 in 2024.
Potential ROI:
-49%
Sell
Chromia Price Prediction for 2025
The experts are unanimous in their Chromia price forecasts for 2025 — everybody expects Chromia’s price to drop down by the end of that year. PricePrediction.net predicts the price to fall, reaching $0.101985. According to TradingBeast’s research, Chromia’s price can drop down to $0. WalletInvestor’s forecast is also not so positive: its analysts hold the view that by 2025 Chromia’s price will be about $0.00725.
Potential ROI:
-77%
Sell
Chromia Price Prediction for 2026
WalletInvestor has only pessimism in store for the 2026 Chromia price prediction, valuing Chromia at $0.00814 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their Chromia price prediction for December of this year is just $0.230643.
Potential ROI:
-49%
Sell
Chromia Price Prediction for 2030
Speaking of long-term Chromia price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Chromia price won’t grow further and, opposedly, will decline to $0.012454. TradingBeast’s price prediction for Chromia echoes with the projection of a downtrend to $0. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $0.255747.
Potential ROI:
-43%
Sell
Summary
As it can be clear from the analysis cited above, Chromia (CHR) projections are rather contradictory. There is no universal consensus either about positive or negative future CHR price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Chromia 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.
