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CVC Price Prediction 2023-2032: How high can Civic coin go?

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CVC Price Prediction 2023-2032

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. We expect the continued use of the native digital token 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, past performance, and the anticipated success of the Civic ecosystem as adoption campaigns increase.

How much is CVC worth?

Today’s Civic price is $0.08589 with a 24-hour trading volume of $2,555,784. Civic is down 1% in the last 24 hours. The current CoinMarketCap ranking is #260, with a live market capitalization of $85,890,799. It has a circulating supply of 1,000,000,000 CVC coins and the max. supply is not available.

Also Read:

Civic Price Analysis: CVC Faces Bearish Pressure, Support at $0.0811

TL;DR Breakdown

  • CVC/USD support present at $0.0811
  • CVC/USD resistance present at $0.0898
  • CVC Market Holds Equally Balanced Strength, BOP at 0

Over the last 24 hours, Civic Token (CVC) witnessed a 1% price decline, settling at $0.0859. Concurrently, the trading volume for CVC experienced a significant decrease of 21.72%, indicating notable selling pressure in the market. Civic’s price per token has declined by 1.15% in the past week. Nevertheless, over the last month, it has displayed a positive trend with a gain of 4.26%. However, when comparing its current value to that of six months ago, CVC remains 20.79% lower.

Civic Price Analysis 1-day chart: CVC Faces Bearish Pressure, Targets Set at $0.0811

Source: Tradingview.com

The 1-day price chart of Civic indicates that the token is trading above its 50-day moving average, it indicates a positive trend in the short to medium term. However, it’s worth noting that the current price of the token is trading below both the 100-day and 200-day moving averages, which may be considered a bearish signal, suggesting that the price of CVC has been on a declining trend for an extended period. This downtrend may lead to further price declines, with potential target levels at $0.0811 and $0.0781.

Additionally, the Moving Average Convergence Divergence (MACD) indicator for CVC tokens is currently in negative territory, signaling a downward trend. Given these factors, there are indications that the token’s price may continue to trend downward in the short term.

CVC/USD Price Analysis 4-hour chart: Equilibrium in CVC Market as Bulls and Bears Balance, $0.0881 Key Level

Source: Tradingview.com

On the 4-hour price chart, there’s a notable indication of a developing or strengthening downtrend as the 26-day Exponential Moving Average (EMA) has crossed below the 12-day MA. Should the price of $CVC successfully breach the resistance level at $0.0881 and receive substantial buying support, it may potentially surge to $0.0922.

Furthermore, the Balance of Power (BOP) indicator is currently registering at 0, highlighting a state of equilibrium where neither the bulls nor bears are dominating the market. This signifies an equal level of strength and influence between both sides.

CVC Price Predictions 2023 – 2032

Year Minimum Price ($) Average Price ($) Maximum Price ($) 
2023 0.099 0.10 0.11 
2024 0.14 0.15 0.17 
2025 0.20 0.21 0.25 
2026 0.28 0.29 0.34 
2027 0.42 0.43 0.51 
2028 0.63 0.64 0.73 
2029 0.85 0.88 1.07 
2030 1.24 1.28 1.48 
2031 1.83 1.88 2.15 
2032 2.76 2.84 3.21 

CVC Price Prediction 2023

Our price prediction for CVC in 2023 indicates that the coin is expected to achieve a minimum price of $0.099 and a maximum price of $0.11. On average, the trading price of CVC is projected to be around $0.10 during the year.

CVC Price Prediction 2024

In 2024, our Civic (CVC) price prediction suggests a maximum price of $0.17, with an average trading price estimated at $0.15. Additionally, the coin is expected to have a minimum price forecast of $0.14.

CVC Price Prediction 2025

By 2025, Civic (CVC) is anticipated to reach a maximum price target of $0.25 while maintaining an average trading price of approximately $0.21. Throughout the year, the coin is expected to maintain a minimum value of $0.20.

CVC Price Prediction 2026

According to the Civic coin price prediction for 2026, it is expected that the price of CVC will experience significant growth, pushing it to a maximum level of $0.34 in 2026. The prediction also indicates that the coin’s price might dip to a minimum of $0.28 during the year but is likely to stabilize at an average price of $0.29.

CVC Price Prediction 2027

Based on our current Civic (CVC) coin price prediction for 2027, the coin is expected to reach a maximum price of $0.51. It may also achieve an average trading price of around $0.43, with a minimum forecasted value of $0.42.

CVC Price Prediction 2028

In 2028, the Civic (CVC) coin is expected to exhibit a price range with a minimum of $0.63, a maximum of $0.73, and an average forecasted price of $0.64.

CVC Price Prediction 2029

As per our CVC price prediction for 2029, the Civic coin shows promising potential. The forecast indicates that it might reach a maximum price of $1.07, with an average trading price of $0.88 throughout the year.

CVC Price Prediction 2030

According to our Civic price forecast for 2030, the price of Civic per coin is expected to demonstrate considerable growth. The projections indicate a maximum price potential of $1.48, an average trading price of $1.28, and a minimum value of $1.83.

CVC Price Prediction 2031

In 2031, Civic coin’s price is forecasted to reach a maximum of $2.15, with a minimum of $1.83, and an average price of $1.88.

CVC Price Prediction 2032

Our CVC price prediction for the year 2032 suggests that the coin is expected to achieve a maximum price of $3.21. The average trading price of CVC is projected to be around $2.84, with a minimum forecasted value of $2.76.

Civic Price Predictions by Wallet Investor

According to Wallet Investor’s technical analysis and forecast for CVC, they suggest that CVC could experience a significant drop, potentially reaching as low as $0.00776 USD by July 2024. This would represent a decline of approximately -90.96% from the current Civic price. 

Civic Price Prediction by Technewsleader

Technewleader is bullish on CVC’s future, with a one-year price target of $0.16 and a five-year price target of $0.51. They credit the coin’s growth to its increasing adoption in the digital identity space and its focus on enabling smarter cities through efficient data utilization. Looking ahead, their prediction suggests that by 2029, CVC might trade within the range of $1.03 to $1.23 per coin, while in 2032, it could potentially reach a maximum price of $3.68.

CVC Price Predictions by Digitalcoinprice

Digitalcoinprice’s analysis indicates a promising growth trajectory for Civic (CRV) in the upcoming years. Their forecast predicts that by December 2023, CRV could reach a maximum price of $1.67, signaling positive market sentiment.

Continuing into 2027, Digitalcoinprice projects that the Civic token’s potential high could rise to $3.45, showcasing a sustained growth trend over time. Looking even further ahead to 2032, the average price of CRV is predicted to hover around $14.57, with a possibility of reaching a maximum value of $14.83.

Civic Overview

Source: cryptorank.io

Civic Price History

Since its token launch, Civic (CVC) has demonstrated remarkable price stability. However, its journey has not been without challenges. The all-time low for CVC was witnessed in March 2020 when it traded at a mere $0.01081. Interestingly, this price dip occurred during a period of massive price drops across the entire cryptocurrency market.

On the flip side, Civic’s initial launch generated significant momentum, propelling the token’s value to reach an impressive peak of $1.66 in 2017. Nevertheless, after hitting its all-time high, CVC experienced a substantial downturn, resulting in a staggering loss of approximately 94.8% from its peak price.

Despite facing such adversity, there’s a silver lining for Civic investors. Since its lowest point, the token has shown remarkable resilience and has managed to recover remarkably well, boasting a substantial gain of 718.4% from its rock-bottom price. As with all cryptocurrencies, it’s crucial to remain vigilant and updated about the latest market trends, as the landscape can change rapidly.

Civic Recent News/Opinions

SolanaGames Launches Civic Age Check Pass: Meeting Regulatory Standards for Game Builders!

Unveiling #PolygonID Integration, Strengthening Decentralized Identity Control with Enhanced Verification!

More on Civic Token (CVC)

What is Civic coin?

The 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 marketing strategy.

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.

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.

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.

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-transferable, “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 Pass can synthesize any combination of verifiable credentials for users of your dApp from DAOs to DEXs, Lending, NFTs, Launchpads, and more.

Conclusion

The CVC coin has gained popularity in the sector since the cryptocurrency employs blockchain technology in a pretty novel method to provide a safe and adaptable identification mechanism. The specialized currency protects the ecosystem from extraneous factors that could make other cryptocurrencies volatile thanks to its fundamentally different underlying technology.

Given the heightened security risks associated with IDV, having a specific and specialized token for accessing identity services also offers consumers stability.

Due to the fact that the majority of user data is kept in a centralized database, unencrypted personal information may be hacked or leaked. The ability to store and communicate information digitally can increase the danger of data breaches, which can have serious repercussions for both the people whose data is lost and for the companies that keep the data, and for the organizations who have to deal with the legal and reputational repercussions.

Because they provide the highest level of protection for consumers’ sensitive data, blockchain-powered cryptocurrencies help organizations tackle this security dilemma. This makes CVC particularly promising.

FAQs

Why is it bad to allow wallets to serve as our identities?

If a user’s private key is compromised due to loss or scam, they no longer have control of their wallet. This means their Web3 personality, reputation, and assets are all gone with a lost private key.

What's Civic.me?

It’s a dashboard where you can privately manage your Web3 presence, reputation and identity. In short, an identity portal. When you connect your wallet to Civic.me, you are connecting a decentralized identifier (DID).

What is a Civic Pass?

Civic Pass is a token stored on-chain, so that smart contracts can access it, but the data behind the pass is stored off-chain in verifiable credentials.

What's the purpose of Civic.me?

This portal is dedicated to ensuring collective Web3 experience prioritizes privacy, remains security-conscious, and is designed to be future-proof so the network can focus on on-boarding the next million users to Web3.

What's Cryptopolitan's prediction for CVC and its network?

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.

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.

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Alden Baldwin

Journalist, Writer, Editor, Researcher, and Strategic Media Manager:With over 10 years of experience in the digital, print and public relations industries, he has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a a self sustaining institute that provides free education. He is working towards funding his own startup.As a technical and language editor, he has worked with multiple top cryptocurrency publications such as DailyCoin, Inside Bitcoins, Urbanlink Magazine, Crypto Unit News and several others.He has edited over 50,000+ articles, journals, scripts, copies, sales campaign headlines, biographies, newsletters, cover letters, product descriptions, landing pages, business plans, SOPs, e-books, and several other kinds of content.

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