Kyber Network (KNC) Price Prediction for 2022-2031
intermediate
In 2015, Ethereum introduced smart contracts that later enhanced technological borders to decentralized application (dApp) developers. In just three years, the crypto market was stuffed with thousands of ICOs and tokens that promised to make the world a better place. Time and highly competitive environment erased most of the cryptocurrency projects while keeping the strongest ones. With a goal to become a decentralized version of NASDAQ and Visa at the same time, Kyber Network burst into the crypto industry in 2017.
Kyber Network (KNC) Overview
| Price | $0.63 |
| Price Change 24h | 9.51% |
| Price Change 7d | -30.95% |
| Market cap | $104,040,828.40 |
| Circulating Supply | 164,893,760 KNC |
| Trading Volume | $30,668,086.01 |
| All time high | $5.72 |
| All time low | $0.50 |
Kyber Network (KNC) Fundamental Value
Kyber Network is a fully on-chain liquidity protocol aimed at facilitating swaps for ERC-20 tokens. The Kyber Network protocol aggregates liquidity from different sources and provides it to a single network. Trades are made in just one single transaction and reflected in the blockchain thus enabling transparency while dApps or any other end-users get the best trading rates.
Kyber Network serves not only as an exchange but also provides solid APIs that enable Ethereum users to receive payments in any digital assets. This means if you a user of a digital service that in its turn utilizes Kyber Network, you can pay in any cryptocurrency (BTC, BCH, etc) while a merchant will receive payments in ETH or in any other tokens.
KNC is a native token that operates within the Kyber Network platform. KNC powers the ecosystem and facilitates the smooth operation of the Kyber Network liquidity protocol. When an exchange is initiated, the network charges a small amount of KNC tokens to the reserve. Hence, KNC fees are used to reward market makers and to cover operational costs.
According to Kyber Network whitepaper, the collected KNC tokens from the fees, after paying for the operation expenses and to the supporting partners, will be burned, i.e. taken out of circulation. The main reason for KNC token burn is to save the network in gas fees by limiting the function calls.
As of the fact, that KNC is an ERC-20 token it can be stored in Ethereum wallets like MyEthereWallet, MetaMask, and so on.
Kyber Network (KNC) Price Analysis
According to the latest data gathered, the current price of Kyber Network Crystal v2 is $$0.63, and KNC is presently ranked No. 171 in the entire crypto ecosystem. The circulation supply of Kyber Network Crystal v2 is 164,893,760 KNC, with a market cap of $103,904,160.49.
In the past 24 hours, the crypto has increased by $0.06 in its current value.
Kyber Network Crystal v2 is facing a hard time getting on board with other crypto coins. KNC has fallen by almost 31.42% in the last 7 days. With concerns about the associated risks intensifying in the past few days, we don’t think the coin would be a profitable asset in the short term, even though it might have strong fundamentals.
Within the last month, the price of KNC has decreased by 38.86%, eliminating a whopping average sum of $0.24 from its current value. This sudden drop means that the coin is in a dip right now, so it can be a good buying opportunity for quick investment.
Kyber Network (KNC) Prediction Table
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2022 | $0.59994 | $0.6549345 | $0.709929 |
| 2023 | $0.649935 | $0.9049095 | $1.16 |
| 2024 | $0.989901 | $1.37 | $1.76 |
| 2025 | $1.40 | $1.94 | $2.48 |
| 2026 | $2.06 | $2.84 | $3.63 |
| 2027 | $2.99 | $4.12 | $5.25 |
| 2028 | $4.47 | $6.09 | $7.72 |
| 2029 | $6.36 | $8.74 | $11.12 |
| 2030 | $10.06 | $12.63 | $15.21 |
| 2031 | $12.68 | $17.67 | $22.67 |
Kyber Network Crystal v2 Price Prediction 2022
According to the technical analysis of Kyber Network Crystal v2 prices expected in 2022, the minimum cost of Kyber Network Crystal v2 will be $0.59994. The maximum level that the KNC price can reach is $0.709929. The average trading price is expected around $0.6549345.
KNC Price Forecast for November 2022
Based on the price fluctuations of Kyber Network Crystal v2 at the beginning of 2022, crypto experts expect the average KNC rate of $0.659934 in November 2022. Its minimum and maximum prices can be expected at $0.59994 and at $0.679932, respectively.
December 2022: Kyber Network Crystal v2 Price Forecast
Cryptocurrency experts are ready to announce their forecast for the KNC price in December 2022. The minimum trading cost might be $0.649935, while the maximum might reach $0.709929 during this month. On average, it is expected that the value of Kyber Network Crystal v2 might be around $0.679932.
Kyber Network Crystal v2 Price Prediction 2023
After the analysis of the prices of Kyber Network Crystal v2 in previous years, it is assumed that in 2023, the minimum price of Kyber Network Crystal v2 will be around $0.639936. The maximum expected KNC price may be around $1.14. On average, the trading price might be $0.889911 in 2023.
Kyber Network Crystal v2 Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Kyber Network Crystal v2, in 2024, KNC is expected to have the following minimum and maximum prices: about $0.949905 and $1.67, respectively. The average expected trading cost is $1.31.
Kyber Network Crystal v2 Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Kyber Network Crystal v2 and their fluctuations during the previous years. It is assumed that in 2025, the minimum KNC price might drop to $1.35, while its maximum can reach $2.34. On average, the trading cost will be around $1.84.
Kyber Network Crystal v2 Price Prediction 2026
Based on the analysis of the costs of Kyber Network Crystal v2 by crypto experts, the following maximum and minimum KNC prices are expected in 2026: $3.59 and $2.01. On average, it will be traded at $2.80.
Kyber Network Crystal v2 Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Kyber Network Crystal v2. Based on their predictions, the estimated average KNC price will be around $4.13. It might drop to a minimum of $3.02, but it still might reach $5.25 throughout 2027.
Kyber Network Crystal v2 Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Kyber Network Crystal v2. It is estimated that KNC will be traded between $4.25 and $7.46 in 2028. Its average cost is expected at around $5.85 during the year.
Kyber Network Crystal v2 Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Kyber Network Crystal v2’s price. The year 2029 will be determined by the maximum KNC price of $11.06. However, its rate might drop to around $6.24. So, the expected average trading price is $8.65.
Kyber Network Crystal v2 Price Prediction 2030
After years of analysis of the Kyber Network Crystal v2 price, crypto experts are ready to provide their KNC cost estimation for 2030. It will be traded for at least $10.33, with the possible maximum peaks at $16.33. Therefore, on average, you can expect the KNC price to be around $13.33 in 2030.
Kyber Network Crystal v2 Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Kyber Network Crystal v2’s price. The year 2031 will be determined by the maximum KNC price of $23.98. However, its rate might drop to around $13.42. So, the expected average trading price is $18.70.
FAQ
Kyber Network Crystal v2 price now
As of now, Kyber Network Crystal v2 (KNC) price is $0.63 with Kyber Network Crystal v2 market capitalization of $104,586,428.44.
Is Kyber Network Crystal v2 a good investment?
The forecast for Kyber Network Crystal v2 price is quite positive. It is expected that KNC price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can Kyber Network Crystal v2 rise?
It seems that the average price of Kyber Network Crystal v2 might reach $0.6549345 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $3.81. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Kyber Network Crystal v2 be worth 2023?
KNC minimum and maximum prices might hit $0.649935 and $1.13 accordingly.
How much will Kyber Network Crystal v2 be worth 2025?
Kyber Network Crystal v2 network is developing rapidly. KNC price forecast for 2025 is rather positive. The KNC average price is expected to reach minimum and maximum prices of $1.34 and $2.37 respectively.
How much will Kyber Network Crystal v2 be worth 2030?
KNC is provided with suitable environment to reach new heights in terms of price. KNC price prediction is quite positive. Business analysts predict that KNC might reach the maximum price of $16.19 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source:Changelly.com
