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Nervos Network Price Prediction: Is Nervos Network a Good Investment?

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 Fundamental Analysis

Project name
Nervos Network
Stock Symbol
CKB
Current Price
0.00246
Current Supply
38964231298.68751
ROI Since Launch
-73.37565184682457
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.

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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 2022

As of Nervos Network price predictions for the rest of 2022, there are divergent opinions. TradingBeast expects an upturn towards $0.003961, and PricePrediction.net echoes with ~$0.004699 by the year’s end. Other experts, for example, from WalletInvestor, are more pessimistic about Nervos Network’s future price, citing numbers downwards of $0.000812 in December.
Potential ROI: 28% Buy

Nervos Network Price Prediction for 2023

In their Nervos Network price predictions for 2023, PricePrediction.net’s forecasts the coin’s price to go above $0.003911 by December. Forecasting Nervos Network's future, TradingBeast expects further growth, too, saying the Nervos Network price will reach ~$0.005426 by that time. On the contrary, WalletInvestor keeps predicting Nervos Network price decline, quoting prices around ~$0.00214 in 2023.
Potential ROI: 56% Buy

Nervos Network Price Prediction for 2024

Nervos Network price predictions for 2024 are still predominantly negative, with some analysts promising prices in the $0.000148–$0.001771 range (PricePrediction.net, WalletInvestor), while TradingBeast takes a different view and cites the possibility of the price reaching $0.010147 in December 2024.
Potential ROI: 63% Buy

Nervos Network Price Prediction for 2025

PricePrediction.net has only pessimism in store for the 2025 Nervos Network price prediction, valuing Nervos Network at $0.000295 by the end of 2025. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.000098 for the same period. On the other hand, TradingBeast’s team is more optimistic — their Nervos Network price prediction for December of this year is just $0.003754.
Potential ROI: -44% Sell

Nervos Network Price Prediction for 2030

Speaking of long-term Nervos Network price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Nervos Network price won’t grow further and, opposedly, will decline to $0.00229. WalletInvestor’s price prediction for Nervos Network echoes with the projection of a downtrend to $0.000689. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $0.003419.
Potential ROI: -13% Sell
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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.

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