Are you interested in Kyber Network Crystal? Are you planning to buy the digital asset anytime soon? So it’s important to take this Kyber Network (KNC) price forecasting article seriously. KNC is one of the DeFi Cryptocurrencies making waves now, but it is essential that you have an idea of how the price could move in the coming years before investing.
Over the years, we have observed that the cryptocurrency market is very volatile. To be on the safe side, investors will need to consider several things before buying an asset. Price forecasts and forecasts are among the most important things to check before buying a coin. Here, the focus is Kyber Network Crystal (KNC) price forecasts for 2022 to 2030.
To ensure that this article is as useful as possible for readers, we will not rush to read the forecast figures and KNC price targets. Rather, we will discuss the vital information you need to know before moving on to the detailed KNC price forecasts. It is advisable to read between the lines to understand perfectly and make an informed decision in the end.
KYBER NETWORK CRYSTAL PRICE FORECASTS FOR 2022, 2023, 2025 AND 2030
Are you interested in a quick long-term perspective of Kyber Network Crystal? Here, we will summarize our KNC price forecasts and forecasts for the coming years:
- End of 2022: We expect Kyber Network to get more users in the coming months. More users could easily help push the price of the token up. If this is the case, then KNC has what it takes to reach $5.78 by the end of 2022.
- End of 2023: Kyber Network offers exceptional services and we expect this to improve within the next year. An improvement in service delivery can also increase the KNC price. At the end of 2023, the price of the coin could be up to $8.94 per token.
- End 2025: By 2025, we expect the Kyber network to add features that can attract more users. By the end of the year, there is a good chance that the price of the token could go up to $14.87 per token.
- Late 2030: 2030 is several years ahead and we believe cryptocurrencies can go mainstream by then. This could mean a lot to Kyber Network as the price of KNC could go up to $48.79 per token.
What you need to know about Kyber Network
Kyber Network is a project that aims to make the exchange of digital assets simple and efficient. It is more than a hub of liquidity protocols for Defi Users. The network generally aggregates liquidity from numerous sources to give users easy access to all kinds of digital assets. The best part is that it provides secure and instant transactions on any decentralized application (DApp).
Kyber Network is one of many DeFi projects that seek to solve the liquidity problem that plagues the young industry. Although the network provides access to different liquidity pools with the best rates, all transactions are conducted on-chain. The implication is that they can all be easily verified using Ethereum explore blocks.
While there are similar projects to Kyber Network, it is recognized as the first DeFi tool that allows anyone to trade tokens instantly without the need for a third party. It has a developer-friendly architecture that allows it to easily integrate with decentralized apps and other important blockchain protocols. It is important to note that Kyber Network was built on Ethereum.
Kyber Network was founded by Loi Luu, Victor Tran and Yaron Velner. They started development in 2017 after launching through a successful ICO. Kyber Network launched Kyber DMM in April 2021. This is recognized as the world’s first dynamic market marker (DMM) protocol, an advanced automated market maker that can significantly increase efficiency for liquidity providers and other DeFi users.
Kyber Network Crystal (KNC)
Like most other cryptocurrency projects, Kyber Network has a native currency. Formally called Kyber Network Crystal, this is the currency that powers the network. It is an ERC-20 Token, which means it is built on Ethereum.
Kyber Network Crystal (KNC) is both the utility and governance token of Kyber Network. It is used to pay fees on the network and also gives holders the right to governance over the network. KNC is also the main investment asset on Kyber Network. It is the resource on which we will focus, from this point.
The Kyber Network token is traded under the ticker symbol (KNC), which is obviously the abbreviation of the full name, Kyber Network Crystal. It is also called Kyber Network Crystal v2. From this point, we will use the different terms already mentioned to refer to this DeFi asset (KNC).
Kyber Network Crystal Price History
It is not correct to switch to Kyber Network’s (KNC) price forecasts and forecasts without discussing its pricing history. This is one of the best ways to determine whether price forecasts are realistic or simple assumptions.
As mentioned above, Kyber Network Crystal (KNC) was launched through a successful ICO on September 15, 2017. The team raised $52 by offering their token for 0.00166 ETH per token. It took some time for KNC to be listed on major exchanges. Coingecko started monitoring the KNC price in April 2021 after it started circulating properly.
As of April 22, 2021, the KNC price was $2.93. It fell in May, reaching $1.74 on May 25. It recovered slightly to reach $2.42 on June 4, 2021 before falling again to reach its all-time low of $1.11 per token on June 22, 2021.
The Kyber Network token has begun to slowly recover from its lower price. It wasn’t until August that the coin returned to the $2 region. On September 6, it reached $2.28 per token before experiencing another downward trend. It dropped back into the $1 region and stayed there throughout September and October. In early November, KNC made a significant gain, reaching $2.11 on November 4. The price fell again and remained low for all the remaining days of November and the whole of December. On December 31, 2021, it was traded for $1.29 per token.
In 2021, the price of Kyber Network Crystal (KNC) is rising, although it fluctuates from time to time. On January 1, the price was still $1.29, but by February 1, it had risen to $1.89. As of March 1, 2022, the KNC price was already $2.42. Despite all the fluctuations, the price of KNC reached $3.25 on April 1, 2022. It has increased steadily, reaching an all-time high of $5.70 on April 29, 2022.
The price of Kyber Network Crystal (KNC) started to fall on the last day of April. It reached $5.34 on the last day of April and on May 5, 2022 had reached $3.70. The next day, the price of KNC dropped to $2.77.
At the time of writing this piece, the knc price was $2.76 per token with a trading volume of $24 hours out of 237,535,020, according to CoinMarketCap Data.
Kyber Network Crystal Technical Analysis
When it comes to making investment decisions, more experienced investors prefer to consider everything, including technical and fundamental analysis. Here, we will provide a brief summary of Kyber Network Crystal’s (KNC) technical analysis.
Based on several technical indicators, KNC is a sale at the moment. Moving averages suggest that this is a strong sell while oscillators suggest that it is a sale. When it comes down to the details, you can observe that some indicators emit buy signals. The exponential moving average and the simple moving average suggest that KNC is a good buy. Most oscillators emit neutral signals.
Technical analysis is useful when you want to buy a coin right away. However, when thinking about a long-term investment, you need to look beyond technical and fundamental analysis. In this case, KNC price forecasts will serve better.
Kyber Network Crystal Price Predictions
After discussing most of the things you need to know about Kyber Network, including price history and expert forecasts, it’s time to discuss our KNC price forecasts and forecasts for the coming years. This KNC price forecast will cover from 2022 to 2030. We will summarize in detail our forecasts for each year.
It is important to state at this point that price forecasts are not infallible prophecies. Rather, they are expert estimates of what the prices of digital assets might be in the future. It is always better to consider them as expert opinions about what the prices of assets will be in the future.
Kyber Network Crystal Price Forecast for 2022
In the first quarter of 2022, we saw Kyber Network Crystal reach an all-time high. However, in the current month, May, the price of the coin fell significantly. We believe there will be many fluctuations in the coming months. However, we expect the price of KNC to increase in the coming months.
For our current kyber Network Crystal (KNC) price forecast for 2022, we expect the coin to record a minimum price of $1.97 in the coming months. It is also expected that the price of the Kyber Network token could rise to a maximum of $5.78 before the end of the year. Again, the average price for the year could rise to $2.98 per token.
Kyber Network Crystal Price Forecast for 2023
Considering what we saw in the first quarter of the year, we believe KNC will improve significantly before the end of 2022. Once this is the case, the currency will experience higher growth in 2023. Once the Kyber Network team further improves its services, 2023 is sure to be a great year.
According to the results of our analysis, we expect KNC to trade for a minimum price of $3.26 in 2026. The coin is also expected to rise and reach a new height of around $8.94 in 2024. As for the average price for 2023, we expect KNC to trade an average price of around $5.82 per token.
Kyber Network Crystal Price Forecast for 2024
Kyber Network Crystal is becoming popular. At present, it is still not popular enough to attract so many investors. However, once things start to improve and more people begin to understand the advantages of using Kyber Network, its popularity will reach a new height, and this will definitely positively affect the price.
According to our KNC pricing forecasts for 2024, we expect a major improvement by 2024. The lowest price target for 2024 is expected to be in the region of $6.48. There is also a good chance that the price of the token in 2024 could reach $11.08. In addition, we expect the average price of KNC to be up to $8.62 per token.
Kyber Network Crystal Price Forecast for 2025
From what we’ve seen so far, it’s safe to believe that Kyber Network will significantly improve its services by 2025. Many DeFi users will also start looking at the network once its services become too attractive. An increase in popularity will surely further increase the price of the coin.
As for the price of KNC in 2025, we don’t expect it to fall below $9.24 per token. As for the higher price target, there is a good chance that Kyber Network Crystal will trade for up to $14.87 per token. As for the average price for the year, it should be in the region of $ 12.05.
Kyber Network Crystal Price Forecast for 2026
The DeFi space is growing at an incredible rate, and this is mainly attributable to the nature of blockchain technology. A DeFi protocol like Kyber Network will surely enjoy some level of support from the trend. The network has already proven itself effectively by launching the first DMM. We expect more exploits and believe this could help push KNC’s price further.
Coming to the KNC price forecast for 2026, we do not expect the token price to fall below $12.66 throughout the year. The high price target is also pegged at $18.69 per token. Throughout the year, we also expect the average price of KNC to be around $15.76.
Kyber Network Crystal Price Forecast for 2027
If you are a long-term cryptocurrency investor, you will be interested in how much KNC or any other interesting digital asset could be worth in the next five years. 2027 is expected to be an eventful year for cryptocurrency enthusiasts who will invest this year.
As for the KNC price in 2027, we are looking at a low forecast of $13.93 per token. If things go well for the DeFi protocol and its token, the maximum KNC price could go up to $23.42. The average price should be around $18.19 per token.
Kyber Network Crystal Price Forecast for 2028
One of the main factors driving price growth in the crypto space is community involvement. Major cryptocurrencies have strong communities, and we expect it will only be a matter of time before KNC puts its loyal community in order.
With a growing community, the price of KNC is expected to increase significantly in 2028. If things were to move as we expect, the KNC price should not fall below $16.50 per token. As for the maximum price, we believe it could go as high as $29.63. The average price could be anything in the region of $22.64 per token.
Kyber Network Crystal Price Forecast for 2029
The universe of cryptocurrencies is more competitive than many believe. The DeFi space is even more competitive. However, the good part of the story is that the projects within the space could easily collaborate with each other. We expect Kyber Network to establish many partnerships before and during 2029.
Once Kyber Network has secured critical partnerships, the value of its token will benefit immensely. In any case, we expect that the minimum price of KNC in 2029 will be up to $ 22.06. There is also a good chance that the maximum price of the coin will be up to $35.18. The average price should be around $28.78 per token.
Kyber Network Crystal Price Forecast for 2030
2030 is several years ahead (about eight years away). This is enough time for the cryptocurrency space to enter another era. We also believe that DeFi will be much more developed by then. What could be the implications for the KNC price? We expect a positive impact.
Once cryptocurrencies become mainstream, the price of KNC will undergo a huge increase. Going down specifically, the minimum price of the coin should be up to $ 27.57. The maximum price of the coin could also be up to $48.79 per token. Meanwhile, the average price throughout the year could be as high as $33.58 per token.
Potential ups and downs of Kyber Network Crystal (KNC)
The cryptocurrency market is almost unpredictable. The market is more volatile than other markets due to the volatile nature of the assets. As we make predictions, we always leave room for uncertainty, and this is expressed more accurately by potential ups and downs.
In the past, the KNC price has fluctuated significantly. We know that this will be the case for many years to come. It is important, therefore, to summarize the possible ups and downs of the digital asset. To make it more understandable, we will summarize it in a table.
| year | high | low |
|---|---|---|
| 2022 | $5.78 | $1.97 |
| 2023 | US$ 8.94 | $3.26 |
| 2024 | US$ 11.08 | $6.48 |
| 2025 | US$ 14.87 | $9.24 |
| 2027 | US$ 23.42 | US$ 13.95 |
| 2030 | US$ 48.79 | US$ 27.54 |
Should you invest in Kyber Network Crystal (KNC)?
With what we’ve discussed so far, it can be a bit difficult to decide to invest in Kyber Network Crystal or ignore it. While our forecasts show that the price of the coin could improve significantly in the coming years, technical indicators show selling signals. So, you should invest or ignore it.
The crypto space is a bit unpredictable, but experienced investors can always decide on a possible investment vehicle after checking price forecasts. The truth is that our kyber Network (KNC) price forecast is generally positive. It’s a good buy if you’re considering investing long-term. It may not be the best investment for short-term buyers or day-traders.
It’s important to understand that while KNC might be a rewarding investment, it’s also a risky investment. The coin is volatile, but this is a common problem in the cryptocurrency market. You should only invest what you can lose and you are free to research more before investing.
Where to buy Kyber Network Crystal
There are numerous places where you can buy Kyber Network Crystal or any other cryptocurrency. However, it is important to buy from the right source. Most cryptocurrency enthusiasts depend on the most popular cryptocurrency exchanges, but experienced investors can buy from exchanges, brokers, and related crypto platforms.
Choosing the best platform to buy a digital asset might be challenging, but when you use different platforms, you’ll know what suits you best. If you are eager to buy KNC, then you should be ready to look for possible platforms and choose what is best for you.
eToro – The best place to buy Kyber Network Crystal with low rates
To help our readers avoid obvious mistakes when investing in cryptocurrencies, we experimented with different platforms and found that eToro is one of the best places to buy digital assets. If you plan to buy KNC anytime from now, you can try eToro.
We recommend eToro most of the time because of what they offer to their users. Brokerage is among the largest brokers that offer users the opportunity to invest in the best cryptocurrency assets. It is currently one of the best places to buy Kyber Network Crystal v2 (KNC).
The most spectacular thing about eToro is that it offers the best fees for cryptocurrency investors. You can be sure to buy KNC with the lowest possible commissions. The platform is secure and easy to use. Again, eToro offers several benefits for all buyers. It’s always a win-win situation when using eToro.
Kyber Network Crystal Price Predictions – Conclusion
The cryptocurrency space is a tough place, but it’s also a highly rewarding market. Kyber Network Crystal (KNC) is one of the most exciting DeFi cryptocurrencies and investing in it is not a bad idea. However, it is crucial to research forecasts and forecasts on KNC prices before making a decision on the investment. After all, there are many other top cryptocurrencies to invest in.
Here, we’ve discussed most of the things you need to know before making a decision about KNC. The ball is now in your court – to invest or ignore the coin. If you choose, to invest, remember that eToro is one of the best platforms to trust.
It is also important to reiterate here that the cryptocurrency market is a difficult arena. You should know how to invest with caution. The first rule is that you should only invest what you can lose. In addition, it is not recommended to borrow to invest in cryptocurrencies. You should also have your stomach for the risks that come with it before investing.
Frequently asked questions
Is Kyber Network Crystal (KNC) a profitable investment?
Yes, KNC appears as a profitable investment. Although the price fluctuates from time to time, our KNC forecasts show that the coin could gain more value in the coming years.
Is Kyber Network Crystal (KNC) a good investment for the future?
Yes, KNC can be considered a good investment for the future. This Kyber Network Crystal (KNC) price forecast article points to a positive outlook.
Will Knc increase?
Yes, our forecasts show that the price of KNC will increase in the future. The coin could rise to $5.78 before the end of the year. By 2025, it could be worth up to $14.87, and in 2030, the price could increase to $48.79 per token.
Will Kyber Network Crystal (KNC) reach $10?
Yes, KNC can reach $10 per token. In fact, our forecast shows that this can happen in the next two years (2024). It can happen faster, though.
Will KNC reach $100?
Considering its current price, it’s too early to declare that Kyber Network Crystal (KNC) can go up to $100 per token. However, the cryptocurrency industry is unpredictable. A major uptrend can push the currency to this level in less than a decade. However, it may take several decades for this to happen.
How much will Kyber Network Crystal (KNC) be worth in the next five years?
Over the next five years, KNC is expected to be worth up to $23.42 per token. It may be worth more or less, but this is a realistic projection.
What will be the price of Kyber Network Crystal (KNC) in the next ten years?
It is difficult to determine what the price of any cryptocurrency might be worth in the next ten years. In any case, we expect KNC to be worth up to $50 over the next ten years.
Is KNC a good buy?
Technical indicators may show selling signals, but KNC looks like a good buy at the moment. The price is relatively low and the coin has the potential to explode in the future. In general, it is a purchase for us.
Will Kyber Network Crystal (KNC) freeze?
Not according to our KNC price forecasts. Although the industry is a bit unpredictable, we don’t expect Kyber Network or KNC to crash.
Is Kyber Network Crystal (KNC) a risky investment?
Each cryptocurrency embodies a certain level of risk. They are all volatile, including KNC, so we can say that KNC is a somewhat risky investment. At the same time, it is potentially a highly rewarding digital asset.