Kyber Price Prediction 2023 – 2032
- Kyber Price Prediction 2023 – up to $0.95
- Kyber Price Prediction 2026 – up to $3.32
- Kyber Price Prediction 2029 – up to $9.93
- Kyber Price Prediction 2032 – up to $31.84
Kyber’s native token, KNC, captured the attention of the cryptocurrency community after the KyberDAO and Katalyst improvement, which added staking features.
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need for a third party, like a centralized exchange. The unique architecture of Kyber is designed to be developer-friendly, which enables the protocol to be easily integrated with apps and other blockchain-based protocols.
How much is KNC worth?
The current price of Kyber is $0.664, with a 24-hour trading volume of $26.659 million. Kyber is up 4.09% in the last 24 hours. The current CoinMarketCap ranking is #182, with a live market cap of $112.8998 million. It has a circulating supply of 170,034,724 KNC coins and a maximum supply of 252,301,550.
Kyber price analysis
TL; DR Breakdown:
- KNC is down about 29.20% over the last 12 months and up 9.57% over the last 30 days.
- Its negative momentum is slowing
KNC is down about 29.20% over the last 12 months and up 9.57% over the last 30 days. KNC has remained rangebound this year at the $5 mark. It registered a high of $0.953 and a low of $0.4686 this year.
The MACD indicator shows KNC’s negative momentum is slowing while the RSI at 52.42 is constricted at the neutral level.
Recent News
In a new development in the DeFi space, Binance has successfully integrated PancakeSwap (CAKE) on the Ethereum network and Kyber Network (KNC) on the Polygon network, marking a new era of cross-chain interoperability and utility.
The developments highlight the increased utility and importance of the KNC token. By enabling KNC’s integration on Polygon via Binance, the initiative opens up new avenues for token holders. They now have a broader landscape to execute trades, participate in liquidity provision, and engage in other DeFi activities. This strategic move also allows for reduced transaction costs, faster settlements, and improved user experience, instrumental in the rapidly evolving and competitive DeFi market.
The integration spearheaded by Binance is a testament to the growing importance of interoperability in blockchain networks. By allowing PancakeSwap and Kyber Network to function cohesively across Ethereum and Polygon, Binance has enhanced each platform’s capabilities and set a robust standard for the future. This coordination underscores the potential for diverse blockchain networks to work collaboratively rather than competitively, driving innovation and offering users more freedom and flexibility.
Kyber Price Prediction 2023-2032
Kyber Price Prediction by Cryptopolitan
Year | Minimum Price $ | Average Price $ | Maximum Price $ |
2023 | $0.84 | $0.88 | $0.95 |
2024 | $1.28 | $1.33 | $1.49 |
2025 | $1.91 | $1.97 | $2.27 |
2026 | $2.79 | $2.89 | $3.32 |
2027 | $4.04 | $4.15 | $4.83 |
2028 | $5.75 | $5.92 | $6.84 |
2029 | $8.36 | $8.60 | $9.93 |
2030 | $12.18 | $12.61 | $14.36 |
2031 | $18.18 | $18.68 | $21.40 |
2032 | $27.48 | $28.22 | $31.84 |
Kyber Price Prediction 2023
In our 2023 Kyber Network Crystal price prediction, we anticipate a minimum trading price of $0.84 and an average value of $0.88 for the token. With several scheduled ecosystem upgrades, we expect Kyber KNC to experience a surge in value and reach a maximum value of $0.95.
Kyber Price Prediction 2024
According to our Kyber KNC price prediction for 2024, we expect a minimum price of $1.28 and an average price of $1.33. However, If Kyber KNC’s growth trajectory persists, we predict its value could reach as high as $1.49 at its peak.
Kyber Price Prediction 2025
According to our Kyber price prediction for 2025, the minimum price of KNC will be $1.91, while the average price will be around $1.97. There is potential for significant growth in the value of Kyber KNC during this period, with the token possibly reaching a maximum price of $2.27 by the end of 2025.
Kyber Price Prediction 2026
According to price prediction for 2026, we expect the minimum price of the coin to be $2.79 and an average predicted value of $2.89. We expect KNC’s price to surge to a maximum of $3.32 by 2026.
Kyber Price Prediction 2027
Our Kyber price prediction for 2027 is a minimum value of $4.04 with an average trading price of $4.15. Based on the Kyber KNC price prediction for 2027, the price could reach a maximum of $4.83 during the year.
Kyber Price Prediction 2028
Based on our Kyber KNC price prediction 2028, the KNC token is anticipated to experience a bullish trend with a predicted floor price of $5.75 and an average trading value of $5.92. The highest possible price for 2028 is estimated to reach $6.84, reflecting a significant increase in the token’s valuation.
Kyber Price Prediction 2029
Our Kyber KNC price prediction for 2029 suggests that the minimum price level could be $8.36. The KNC token will experience significant growth, with a maximum potential price value of $9.93 and an average projected value of $8.60.
Kyber Price Prediction 2030
According to our Kyber KNC price prediction for 2030, we anticipate that the cryptocurrency’s value may drop to a low of $12.18 by year-end. However, we expect the average trading price to be $12.61 and the maximum estimated price to reach as high as $14.36.
Kyber Price Prediction 2031
Based on our Kyber KNC price prediction for 2031, the minimum price of KNC will be approximately $18.18, while the average price will be around $18.68. The maximum estimated value for KNC in 2031 will reach $21.40.
Kyber Price Prediction 2032
According to our Kyber KNC price prediction for 2032, the KNC coin will rise steadily. However, the minimum price of the coin will be $27.48. The average trading price is estimated at $28.22, indicating steady growth. The maximum estimated price for 2032 is $31.84 , showing a potential surge in price.
Kyber Price Predictions by Walletinvestor
Wallet Investor uses technical analysis to forecast a wide selection of cryptocurrencies like Kyber. The platform indicates Kyber’s past performance index rating as B+; it adds that KNC would make an acceptable one-year investment. The expected average price in 2024 will be $0.715. Kyber’s return on investment (ROI) will be 8.6% in 2024. In 2025 the ROI will be 13.6%; in 2026, it will be 20.9%; in 2027, it will be 30.4%. According to the analysis, the Kyber price is bullish over the entire period.
Kyber Price Predictions by CryptoPredictions
The site scans a coin’s exchange prices and other historical market data and analyses it to provide KNC price forecast.
In 2024, KNC will trade at an average price of $0.80307in January and $0.864701 in December. In 2025, KNC will sell at an average price of $0.878567 in January and $0.853944 in December. In 2026, KNC will sell at an average price of $0.874192 in January and $1.078 in December. In 2027, KNC will sell at an average price of $1.096 in January and $1.266 in December.
Kyber Price Predictions by Digitalcoinprice
Kyber will be on a bullish trend from 2023 to 2032; the highest price of KNC for the entire duration will be $12.85. In 2024, it will trade at a mean price of $1.53. It will reach a maximum price of $1.67 and a minimum of $1.42. In 2025, it will trade at a mean price of $2.33. It will reach a maximum price of $2.40 and a minimum of $1.94. In 2032, it will sell at a mean price of $12.71. It will reach a maximum price of $12.85 and a minimum of $12.36.
Kyber Predictions By Industry Experts
The KNC price prediction by the world’s largest crypto exchange Binance, predicts that it will trade at $0.703992 in 2024, $0.776151 in 2026, and $0.943417 in 2030.
Kyber Overview
KNC statistics at press time.
KNC Price History
Kyber Network Crystal was first listed on exchanges for trading in 2017, and its first price hike occurred at the beginning of 2018. The price jumped from $1 to around $4 at the time.
The price, however, took a downturn in the remainder of 2018 and through 2019 to trade at below $0.50. The following year, 2020, saw the coin make considerable crypto market swings, keeping its price well above $0.50.
In 2021, the Kyber price started skyrocketing following investors’ increased confidence in the network. The prices surged from $1 to above $3 in April before retracing to trade around $1 between mid-June and mid-July.
Starting July 21, the price started another bullish trend that continued to date.
Towards the end of August, Kyber Network, through a decentralized autonomous Organization, the KyberDAO, performed an upgrade resulting in the Kyber Network Crystal v2. The old token symbol was changed to KNCL, which stands for Kyber Network Crystal Legacy, while the new one retained the original KNC symbol. The transition process of the Kyber Network from KNCL to KNC was initiated on April 20, 2021, at 9 PM SGT (GMT+8). There was no deadline for the migration, allowing token holders to convert their tokens at their own pace. However, it was advised to migrate the tokens promptly as the new KNC token would soon be necessary for activities such as staking in the latest version of the KyberDAO and adding liquidity on KyberSwap.
2022 was a bull run as KNC topped at $5.56 in April but later sharply reversed. By December of the same year, it was averaging at $0.6. In 2023, it registered high volatility with resistance at $0.9.
More on Kyber
Kyber Network is an Ethereum-based decentralized exchange. An on-chain liquidity protocol that allows users to perform decentralized token swaps. It connects the cryptocurrency ecosystem and provides a means for instant, seamless, and secure transactions.
Kyber Protocol users can instantly convert or exchange any cryptocurrency through the platform.
The protocol was established on the core values of instant settlements, ease of integration for on-chain operation, and plastic agnostics.
As a liquidity protocol, unique liquidity features include many listed cryptocurrencies, interoperability allowing cross-chain transactions, and scalability.
The network is decentralized, meaning it does not store any data or crypto. The users remain in full custody of their crypto assets. This reduces risks since the security of the crypto assets is determined by how secure the crypto wallets used by the users are.
What is KNC?
KNC (Kyber Network Crystal) is the native cryptocurrency of the Kyber Network. Besides being traded on various exchanges where it is listed, it is also used for governance in the platform. Every token holder gets the chance to vote on issues affecting the protocol.
KNC connects the various participants within the Kyber ecosystem by linking liquidity providers with those looking for liquidity.
It is primarily used for collecting transaction fees, and a certain percentage of the tokens collected through fees is burned to avoid KNC inflation. It also connects the Kyber Network to various crypto exchanges, dApps, and wallets.
Kyber Network founders
Kyber Network was founded by Yaron Velner, Victor Tran, and Loi Luu. Its headquarters is in Singapore.
Before Kyber, Luu was a blockchain advisor and researcher for various blockchains. He is also the founder of Oyente, the first open-source security evaluator for Ethereum smart contracts.
Conclusion
Although the predictions are generally positive, you should keep in mind that long-term predictions frequently turn out to be inaccurate, so it is crucial to conduct your own research before considering any investments. If you’re considering buying KNC, keep in mind that the value of cryptocurrencies can fluctuate greatly and go up and down. Never put more money at risk than you can afford.
The fact that Kyber Network’s business approach enables them to draw in additional market makers gives them a solid foundation for further advancements and breakthroughs. The crypto community may find these new improvements and advantages more intriguing. Having said all of that, remember that the cryptocurrency market can be extremely volatile, so it is not surprising that experts on the platform’s future opinions are divided.
The price predictions for Kyber Crystal Network are quite positive, offering investors a token potentially worthy of their portfolios. With further developments in the Kyber ecosystem and integration with more DEX tools, we could see the token garnering more adoption and reaching new milestones soon.
Kyber aims to have more token pairs and enhance liquidity and liquidity pools. The team behind it has also revealed that it would adapt to upcoming DeFi and GameFi industry trends by investing and collaborating with popular projects. If these are implemented, we should see growth in the price of KNC in the next eight years.