CVC Price Prediction 2022-2031: How high can Civic coin go?

Civic is a blockchain platform that helps individuals and business entities manage personal data properly. The Platform utilizes the powerful features of blockchain technology to control and manage personal information within its network to provide efficiency in identity verification processes.

The CVC token is a unique token that enables activities within the civic ecosystem. The token is used to settle all identity-related transactions within the ecosystem. Based on the price chart analysis, the CVC price prediction appears to be bullish over a long period.

Essentially, the CVC coin is used to settle transactions between Civic platform users and the service providers within the ecosystem. The continued use of the native digital token is expected to spark its growth as more users join the Civic community. The CVC price forecast is bullish based on the technical analysis conducted on its price and the anticipated success of the Civic ecosystem as adoption campaigns increase.

Today’s Civic price is $0.127622 with a 24-hour trading volume of $7,924,474 USD. Civic is up 0.05% in the last 24 hours. The current CoinMarketCap ranking is #160, with a live market cap of $127,622,386. It has a circulating supply of 1,000,000,000 CVC coins and the max. supply is not available.

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What is a Civic coin?

CVC Price Prediction 2022-2031: How high can Civic coin go? 1

A Civic coin is a cryptocurrency that is the native digital token that settles transactions within the civic Platform. The transactions on the Platform are often interactions between the platform users and the service providers. Users pay for services using the CVC coin, and the demand continues to grow as the platform grows.

Continued use of the CVC token progressively increases the demand for the token and drives its value up. Despite the shaky market trends that have been driving token prices to lower lows, the CVC token’s long-term prediction remains optimistic. The token was launched in 2018, and since then, its price has performed fairly well in the turbulent crypto market.

Several crypto projects have failed since 2018, and the persistence of projects such as Civic demonstrates the project’s quality and the developers behind it. Ideally, for any crypto project to succeed, there must be a clear

On the Civic Platform, users can earn CVC tokens by performing activities within the Platform. For instance, Civic platform users can recruit new users to earn more CVC crypto. Similarly, validators can earn CVC tokens by performing validations on documents and files from the service providers.

Civic developers met with Realms, a DAO governance platform on Solana. Together, they integrated the flagship product, Civic Pass, in order to introduce a veritable Swiss Army knife of tools to DAO admins and an enthusiastic hacker house. Civic Pass allows real-world constraints and permissioning to be added to a DAO’s membership, based on digital identity. 

What do analysts expect for the CVC token?

CIVIC

The Civic token is currently undergoing a major price drop following the general bearish sentiment in the current crypto space. The CVC token has therefore broken into the bearish territory, and the prices are expected to continue dipping this year. However, analysts are optimistic about the future price of CVC, as the current situation is interpreted temporarily.

Strong industry influencers have backed the CVC platform, and the community is steadily growing. The token possesses all the qualities necessary to propel its price to achieve higher highs when the bullish market resumes. Currently, the price of the CVC tokens has recorded a 5.51% price decline within the last 24 hours, adhering to the engulfing bearish trend in the crypto market.

However, the price changes have begun to slow down, and its current price chart shows price consolidation around the $0.1 trading value. Analysts project that the price of the CVC coin is forming a strong support level around $0.1, and prices could rally higher in subsequent years.

Based on the analysis, it is clear that the CVC price forecast for subsequent years is bullish. The current stagnation can be viewed as a solid support level and price consolidation that is a fantastic recipe for a solid bullish momentum ahead.

Understanding the Civic Platform

The Civic Platform was founded in 2015 by renowned industry professionals. The civic Platform was developed to ease the process of identity verification within the blockchain ecosystem. Remember, blockchain technology was initially developed to support anonymity in transactions. However, the developments of Web 3 have necessitated the need to address identification crises often experienced within the space.

The Civic Platform’s unique selling point is to provide an easy process for users to identify themselves within these ecosystems to facilitate service provision. The Platform’s identification system is AI-powered and facilitates faster onboarding of clients within the environment. However, the goal isn’t to nullify blockchain features, but to enhance the process, by minimizing fraudulent cases or erroneous transitions within the network.

Possessing a mobile civic wallet allows users to store a bunch of other cryptocurrencies. The Platform has an app that acts as a digital wallet, among others. Users can hold common crypto coins such as BTC, ETH, and stablecoins like USDC. Health Key is one of the latest civic platform products that allows for verifying health records.

CivicScience survey

Who are the Civic founders?

The growing Civic blockchain project was founded by Jonathan Smith and Vinny Lingham. The two are proven professionals, as demonstrated by their backgrounds. Jonathan Smith is the CTO of Civic network with a solid background in banking and management positions. Vinny Lingham is an entrepreneur who has co-founded multiple start-ups. He has also been featured on the Shark-Tank TV show and invested in companies with backing from reputable companies like Google.

Where can you buy CVC tokens?

There are several crypto exchange platforms where CVC tokens can be traded. Currently, the CVC token can be traded on popular crypto exchanges such as Binance and Coinbase Pro. The Civic cryptocurrency can also be traded on Huobi Global, KuCoin, and FTX trading platforms.

The most common trading pair for the CVC token is the USDT stablecoin. However, there are other unique trading pairs on other platforms to increase the versatility of trades. Other common trading pairs for CVC include CVC/USDC, CVC/BUSD, and CVC/BTC.

Despite the prevalent bear market, the long-term Civic price forecast is bullish, and the token’s demand is expected to continue rising in subsequent years. The predictions indicate that the Civic token is an excellent long-term investment that could record a high return on investments for its holders.

Best cold crypto wallets

Civic.me Identity Portal

Using a wallet as an identity is not a strong foundation for a functional Web3. The behavior doesn’t protect the user, and it doesn’t change the dynamics of the identity data economy. Civic.me uses DIDs, tokens, and Verifiable Credentials to create a platform that handles identity in a very smart way. Each component makes everything work together. Quipped the team, the tools for systemic change already exist, and if we use them, we can collectively stop using our public keys as identifiers. 

Civic.me also gives you access to a bespoke token, called a Civic Pass. These are non-transferrable, “soulbound” tokens, which represent an aspect of your identity, and grant access to permissioned protocols, which have safeguards based on real-world identity properties. Examples of protocols that have implemented Civic Pass are:

  • NFT projects minting with bot or Sybil resistance (Metaplex)
  • DeFi Protocols protecting against activity from OFAC-sanctioned countries (Solrise DEX Pro)
  • DAOs seeking to implement non-plutocratic voting. (Realms)

Civic Pass is an example of a “responsible” soulbound token because it’s based on a set of principles around privacy and decentralization. Crucial to this is the concept of verifiable credentials.

Civic CVC price history

Since the token launch, the CVC’s price has been relatively steady. The token recorded its all-time low price three years ago when it traded at $0.01081 in Mar 2020. The lowest price ever recorded for Civic was when the entire crypto market was experiencing massive price drops.

The Civic’s price gained momentum after its launch, and the token’s price peaked at $1.66 in 2017. Based on the current trading price of CVC, the token has lost nearly 92% of its value since its recorded its ATH price and gained 1054% from its all-time low price.

CVC Technical Analysis

The current price of the CVC token is down by 5.5% within the past 24 hours; additionally, the trading volume has also recorded a significant decline within the past 24 hours. According to the CoinMarketCap, the CVC token’s 24-hour trading volume is down by 25.59% to $9,418,914.39. Despite the decline, the token’s approval rates are still high within the crypto community, and technical analysis shows an imminent break out to the bullish territory.

Looking at the chart below, the CVC/USDT price chart indicates a weak breakout from the resistance lines. Although a reveal is expected after the breakout, it’s a solid build-up to a long-term bullish trend that could see the price of CVC trade at new all-time highs in the long run.

The price chart indicates the resistance lines, and the current price of CVC has broken above the line. The line will soon transition to a support line, and CVC will use the current price as a solid support base in the coming days. Similarly, long-term predictions indicate the same bullish trend is expected.

CVC Price Prediction 2022-2031: How high can Civic coin go? 2

CVC/USDT Technical Analysis

CVC  Price Predictions by Cryptopolitan

image 369
Year2022202320242025202620272028202920302031
Minimum0.140.220.310.440.630.911.291.892.864.12
Average0.150.220.320.450.650.941.341.952.944.23
Maximum0.160.250.370.540.751.091.562.273.324.97
All CVC Values in USD

The Cryptopolitan Platform predicts a long-term bullish trend for the CVC token. Based on the technical analyses, as well as careful consideration of the fundamental analysis, the CVC token is stable, and prices will soon resume an upward trend once a generally bullish market is achieved.

Below is a detailed breakdown of the CVC token price prediction from 2022 to 2031.

CVC  Price Prediction 2022

Our CVC price prediction for 2022 is a maximum of $0.16. We can expect Civic price to be around an average of $0.15 and a low of $0.15 for the same year. The prices are relatively stagnant in 2022 the market is experiencing low volatility. In subsequent years, the price of CVC is expected to experience higher volatility which could influence an uptrend.

CVC  Price Prediction 2023

Our CVC price prediction for 2023 is a maximum price of $0.26. We can expect Civic price to be around an average of $0.22 and a minimum price of $0.22 for the same year. The prices will begin to grow steadily in 2023, and the upward trend is expected to continue steadily as the bullish momentum builds.

CVC  Price Prediction 2024

The CVC price prediction for 2024 is a maximum of $0.38. We can expect the Civic price to be around an average of $0.35 and a low price of $0.34 for the same year. The price increase of CVC here is steady, and the token’s price action is building solid momentum. The prices are projected to continue rising as strong support is created in 2024

CVC  Price Prediction 2025

Our CVC price prediction for 2025 is a maximum of $0.59. We can expect Civic price to be around an average of $0.51 and a low of $0.49 for the same year. Here, we witness a turbulent year with increased price volatility. The Civic coin price fluctuates vigorously, as evidenced by the increasing gap between the minimum and maximum value above.

CVC  Price Prediction 2026

Our CVC price prediction for 2026 is a maximum of $0.86. We can expect Civic price to be around an average of $0.72 and a low of $0.70 for the same year. The price of CVC is forecasted to continue the established upward trend. Again, significant price fluctuation is witnessed, with wider price ranges. The projected volatility could result from increased adoption of the Platform, which increases demand for CVC coins.

CVC  Price Prediction 2027

Our CVC price prediction for 2027 is a maximum of $1.21. We can expect Civic price to be around an average of $1.01 and a low of $0.98 for the same year. By 2027, the CVC price will begin to increase exponentially due to increased demand. The prices here are recorded alongside high trading volumes, indicating a solid strand that could break the current CVC ATH.

CVC  Price Prediction 2028

Our CVC price prediction for 2028 is a maximum of $1.69. We can expect Civic price to be around an average of $1.52 and a low of $1.47 for the same year. As predicted, the CVC price could break the ATH, as shown by the forecasted maximum price. The statistical analysis shows a strong bullish trend that will continue in subsequent years.

CVC  Price Prediction 2029

Our CVC price prediction for 2029 is a maximum of $2.60. We can expect Civic price to be around an average of $2.33 and a low of $2.25 for the same year. The gap widens between the projected low and highest price, indicating more volatility despite the increase in the token price. Trading volume continues to increase according to the predictions, cementing the upward trend.

CVC  Price Prediction 2030

Our CVC price prediction for 2030 is a maximum of $3.97. We can expect Civic price to be around an average of $3.48 and a low of $3.36 for the same year. The prices will continue to increase exponentially in 2029 as the Civic token continues to record new highs. By 2030, the token trading volume will begin to decline, indicating a possible reversal.

CVC  Price Prediction 2031

Our CVC price prediction for 2031 is a maximum of $5.92. We can expect Civic price to be around an average of $5.20 and a low of $5.06 for the same year. The projected prices continue to maintain the uptrend despite the decline in trading volume. Ideally, the price increase is fuelled mainly by the increasing demand for the token due to the massive adoption of the Civic Platform.

CVC Price Prediction by Wallet Investor

The Walletinvestor platform predicts a bearish long-term trend for the CVC token. According to their analysis, the token’s price will gradually decrease over time. The Platform labels the CVC tokens as a bad long-term investment that could lead to a loss of funds for its holders. According to their findings, the Civic token could trade at an average price of $0.0248 after a year. The one-year price forecast is highly bearish and could extend to subsequent years.

CVC Price Prediction by Trading Beasts

The Trading Beast platform upholds a bullish long-term trend for the Civic token. However, according to their proper analysis, the CVC take will appreciate at a much slower pace. The civic coin price prediction shows that it can trade at a maximum price of $0.2343603 by December 2023. Further price projections show that the CVC coin could trade at an average price of $0.2183099 in Dec 2024. by 2025, their predictions show the minimum expected price of CVC at $0.1836650. Essentially, the predictions indicate that CVC price will have appreciated by 72% by the end of 2025.

CVC  Price Predictions by Industry Influencers

Admittedly, marketing is a significant part of any crypto project’s success. CVC has a fantastic community that has been built over the years. The Platform has a relatively massive support on Twitter and other popular crypto platforms on Telegram and Reddit.

The increased interest in CVC is a huge bonus for the Platform. A massive community that radiates vibrance and believes in the project. There have been several tweets in support of the CVC token and its future growth. Based on the Civic price prediction figures discussed above, the token could record a significant price increase over the years.

Below is a notable tweet that highlights Civic token support.

Conclusion

The Civic Platform is a solid blockchain project that provides real-world solutions. Its ability to solve digital identification challenges makes it a worthwhile project to consider for the long term. Additionally, the CVC token currently has a significant market cap that ranks it among the top 200 crypto projects by market cap. The Civic price prediction considers several aspects, and although the predictions are bullish, crypto enthusiasts are encouraged to conduct their own research before investing in any crypto project.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Source: https://www.cryptopolitan.com/cvc-price-prediction/