What Is Curve (CRV)?
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
Who Are the Founders of Curve?
The founder and CEO of Curve is Michael Egorov, a Russian scientist who has various experience with cryptocurrency-related enterprises.
In 2015, he co-founded and became CTO of NuCypher, a cryptocurrency business building privacy-preserving infrastructure and protocols.
Egorov is also the founder of decentralized bank and loans network LoanCoin.
Curve’s regular team is part of the CRV allocation structure, and will receive tokens according to a two-year vesting schedule as part of the initial launch plan.
In August 2020, Egorov said that he “overreacted” by locking up a large amount of CRV tokens as a response to yearn.finance’s voting power, awarding himself 71% of governance in the process.
Curve DAO Token Price Prediction
If you’re looking for Curve DAO Token price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Curve DAO Token (CRV) will go in the future? We will analyze the past prices of Curve DAO Token (CRV) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
Curve DAO Token Overview
|Coin Name||Curve DAO Token|
|USD Price||$ 2.16|
|24h Volume||$ 206,879,938|
Curve DAO Token (CRV) Price Prediction
At reconshell.com we predict future Curve DAO Token price predictions/CRV forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Curve DAO Token. We do our best to collect maximum historical data for the CRV coin which include multiple parameters like past price, Curve DAO Token marketcap, Curve DAO Token volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Curve DAO Token Price Prediction 2022
According to our deep technical analysis on past price data of CRV, In 2022 the price of Curve DAO Token is predicted to reach at a minimum level of $2.52. The CRV price can reach a maximum level of $3.11 with the average trading price of $2.62.
Curve DAO Token Price Prediction 2023
The price of Curve DAO Token is predicted to reach at a minimum level of $3.87 in 2023. The Curve DAO Token price can reach a maximum level of $4.41 with the average price of $4.00 throughout 2023.
CRV Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Curve DAO Token is predicted to reach at a minimum level of $5.65. The CRV price can reach a maximum level of $6.69 with the average trading price of $5.81.
The price of 1 Curve DAO Token is expected to reach at a minimum level of $7.99 in 2025. The CRV price can reach a maximum level of $9.77 with the average price of $8.28 throughout 2025.
Curve DAO Token Price Prediction 2026
Curve DAO Token price is forecast to reach a lowest possible level of $11.13 in 2026. As per our findings, the CRV price could reach a maximum possible level of $13.98 with the average forecast price of $11.46.
Curve DAO Token Price Prediction 2027
According to our deep technical analysis on past price data of CRV, In 2027 the price of Curve DAO Token is forecasted to be at around a minimum value of $15.92. The Curve DAO Token price value can reach a maximum of $19.41 with the average trading value of $16.50 in USD.
Curve DAO Token (CRV) Price Prediction 2028
The price of Curve DAO Token is predicted to reach at a minimum value of $24.01 in 2028. The Curve DAO Token price could reach a maximum value of $27.59 with the average trading price of $24.67 throughout 2028.
Curve DAO Token Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Curve DAO Token is expected to reach at a minimum price value of $34.61. The CRV price can reach a maximum price value of $40.87 with the average value of $35.85.
Curve DAO Token (CRV) Price Prediction 2030
The price of Curve DAO Token is predicted to reach at a minimum value of $49.78 in 2030. The Curve DAO Token price could reach a maximum value of $59.72 with the average trading price of $51.58 throughout 2030.
Curve DAO Token Price Prediction 2031
Curve DAO Token price is forecast to reach a lowest possible level of $73.83 in 2031. As per our findings, the CRV price could reach a maximum possible level of $88.25 with the average forecast price of $76.41.
What Makes Curve Unique?
Curve has gained considerable attention by following its remit as an AMM specifically for stablecoin trading.
The launch of the DAO and CRV token brought in further profitability, given CRV’s use for governance, as it is awarded to users based on liquidity commitment and length of ownership.
The explosion in DeFi trading has ensured Curve’s longevity, with AMMs turning over huge amounts of liquidity and associated user profits.
As such, Curve caters to anyone involved in DeFi activities such as yield farming and liquidity mining, as well as those looking to maximize returns without risk by holding notionally non-volatile stablecoins.
The platform makes money by charging a modest fee which is paid to liquidity providers.
How Many Curve (CRV) Coins Are There in Circulation?
Curve (CRV) launched in August 2020, along with the Curve DAO. Its purpose is to function as a governance medium, incentive structure and fee payment method, along with long-term earnings method for liquidity providers.
The total CRV supply is 3.03 billion tokens, the majority of which (62%) are distributed to liquidity providers. The remainder is divided as follows: 30% to shareholders, 3% to employees and 5% to a community reserve. The shareholder and employee allocations come with a two-year vesting schedule.
CRV had no premine, and the gradual unlocking of tokens means that around 750 million should be in circulation one year after launch.
How Is the Curve Network Secured?
Curve carries the standard risks associated with depositing funds in smart contracts and dealing with AMMs, namely impermanent loss.
As Curve only supports stablecoins, the risk of markets moving too quickly is reduced, but users can still lose money once markets are rebalanced to reflect cross-market prices.
Curve has been audited, but this does not do anything to counter the risks involved in being exposed to a specific cryptocurrency.
Where Can You Buy Curve (CRV)?
CRV is a freely-tradable token and is available against cryptocurrency, stablecoin and fiat currency pairs on major exchanges.
These include Binance, OKEx and Huobi Global, which hold the lion’s share of trading volume as of September 2020.