Today, Nervos Network is one of the more well-known crypto projects, aiming to facilitate flexibility in the world of crypto. The project’s team has far-reaching plans, which give the crypto investors a lot of faith in the CKB crypto. Hopefully, Nervos price predictions in this article will provide some interesting additional information for the people concerned.
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Nervos Network Price Prediction: Is Nervos Network a Good Investment?
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Table of Contents
Nervos Network Fundamental Analysis
Project name
Nervos Network
Stock Symbol
CKB
Current Price
0.003272269
Current Supply
41597182136.61983
ROI Since Launch
-67.36940767647631
Launch Date
2019
Official Website
The Nervos Network is an open source public blockchain and a collection of protocols. The goal of the project is to create a sustainable path to a decentralized economy, and according to the founders, the way there lies in the ability of a network to adapt. The network was created to support on-chain state and off-chain computation. Its main goal is to provide developers with a way to build universal applications that will operate within multiple blockchain ecosystems.
The crypto economy on the Nervos network is separated into two levels: verification layer 1, which is considered as a trust root and a smart custodian, and a generation layer 2 that allows high-performance transactions and grants privacy.
The Nervos Common Knowledge Base is a public permissionless blockchain on layer 1, which is the basic layer of the whole network. It generates trust and transforms it to the upper layers and also provides public, secure, and censorship-resistant custody services for assets, identities, and other common knowledge created on the network.
The Nervos CKB is one of the first utility tokens. It can be used as a store of value and measure of payments like Bitcoin, but it can also be a value token behind smart contracts, for example, Ethereum. According to the official website, the token has more uses than Ethereum or Bitcoin.
The project is to be fully completed by 2024. Recently Nervos launched a cross-chain bridge to connect Ethereum and Cardano. In the future, the number of connected blockchains will be expanded.
Nervos Network Live Price Chart
The CKB was launched in November 2019 at the price of $0.0091. In March 2020 it dropped following the tendency of the market and other cryptos. At the beginning of 2021 CKB token price rallied together with other digital assets and reached its all-time high of $0.0441 on March 31. After that the value dropped to $0.0164 on April 23, but recovered less than in 3 weeks, becoming $0.0407.
In July when the whole crypto market was down, the token price fell to $0.0079, but after that following bullish trends started to rise. As for the CKB price prediction, most of the analysts consider bullish tendencies for the asset in the short term. It’s expected for Nervos CKB coin price to reach a maximum of $0.02 by the end of 2021.
Nervos Network Technical Analysis
Despite the fact that 100% accurate technical analysis for Nervos Network cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated CKB buy-and-sell rating for selected timeframe. The summary for CKB/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Nervos Network Price Prediction
Below we have collected the most reliable price projections for Nervos Network (CKB) from popular forecast platforms.
Nervos Network Price Prediction for 2023
As of the beginning of 2023, Nervos Network price predictions remain predominantly positive, with some analytics promising the price at about $0.004025, while WalletInvestor even cites the possibility of the price reaching $0.00723 by the end of the year.
Potential ROI:
57%
Buy
Nervos Network Price Prediction for 2024
In their Nervos Network price predictions for 2024, PricePrediction.net’s forecasts the coin’s price to go above $0.005628 by December. Forecasting Nervos Network's future, TradingBeast expects further growth, too, saying the Nervos Network price will reach ~$0.006042 by that time. On the contrary, WalletInvestor keeps predicting Nervos Network price decline, quoting prices around ~$0.000804 in 2024.
Potential ROI:
27%
Buy
Nervos Network Price Prediction for 2025
Nervos Network price predictions for 2025 are still predominantly positive, with some analysts promising prices in the $0.00445–$0.007577 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.001093 in December 2025.
Potential ROI:
34%
Buy
Nervos Network Price Prediction for 2026
PricePrediction.net has only optimism in store for the 2026 Nervos Network price prediction, valuing Nervos Network at $0.006414 by the end of 2026. TradingBeast agrees with a positive forecast and predicts, in turn, $0.008723 for the same period. On the other hand, WalletInvestor’s team is more pessimistic — their Nervos Network price prediction for December of this year is just $0.000529.
Potential ROI:
60%
Buy
Nervos Network Price Prediction for 2030
Most experts are expecting a bleak future for Nervos Network: long-term Nervos Network price predictions promise significant decline by 2030. TradingBeast predicts the price to reach $0.002355, while PricePrediction.net goes down for $0.001047. WalletInvestor also puts not so big hopes on Nervos Network in the long term: its Nervos Network prediction for 2030 is $0.000688.
Potential ROI:
-58%
Sell
Summary
As it can be clear from the analysis cited above, Nervos Network (CKB) projections are rather contradictory. There is no universal consensus either about positive or negative future CKB price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Nervos Network 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.
