It’s true that Kyber Network was a great disappointment for investors in 2019. KNC price went up from $0.000001 on January 1st 2019 to $0.187650 on December 31 2019. However, it is worth monitoring our Kyber Network price prediction algorithm: Kyber Network might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, KNC might be the coin to watch closely now.
The current Kyber Network price is $0.473339, its circulating supply is 179 893 132 KNC. Our algorithm predicts that based on historical data Kyber Network price will be at $0.136749 in 1 week and $0.597967 in 1 month. Our deep learning algorithm predicts the KNC price will be at $0.915214 in 6 months. Analysis of the cryptocurrency market shows that Kyber Network price may reach $1.88 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that KNC will stay around $1.10 in 2021, $1.88 in 2022, $3.51 in 2023, $6.77 in 2024 and $13.29 in 2025.
While creating the Kyber Network prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.915214 and lowest possible predicted price is $0.901630.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Kyber Network has the potential to stay within "survivors" team. Our Kyber Network short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Kyber Network Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Kyber Network forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Kyber Network (KNC)?
The current price of Kyber Network is $0.473339.
What is the current market capitalization of Kyber Network (KNC)?
The current market capitalization of Kyber Network is $85 150 397.
What will be the price of Kyber Network (KNC) Tomorrow?
Our algorithm forecasts that the price of Kyber Network will reach $0.505137 tomorrow.
In 1 year from now what will 1 Kyber Network be worth?
As per the forecast and algorithmic analysis, the the price of 1 Kyber Network will be around $1.10.
Is it profitable to invest in Kyber Network (KNC)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Kyber Network (KNC) as a short term investment. Kyber Network can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Kyber Network be growing in the Future?
Kyber Network is potentially one of the most profitable among digital coins.
How high can the Price of Kyber Network go?
Our algorithm forecasts that the price of Kyber Network will reach $13.29 by 2023.
Is Kyber Network (KNC) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Kyber Network now.
Apparently, there are many people who kept their dumpster coins - that's how I call Kyber Network and the rest of backward altcoins which do nothing except for littering the crypto market - after the crypto bubble had burst in 2018. And I was genuinely surprised to see that KNC actually displays the trading volume the exceeds $5 million, and that it's being actively traded on such a respectable exchange as Binance. Not to mention the $2 million volume on OKEx. Some things are just beyond me.
The only thing I blame myself for, with regard to Kyber Network, is not buying more when its price took a significant dip to $0.13 in the last days of November. My friend kept telling me about this coin that it should have pumped soon, which it did, but I was overly cautious and only $50 worth of KNC. In just 10 days, Kyber Network had pumped to $0.25, so I closed my position at a 100% profit.
Kyber Network is just another small-time blockchain project that has a token that no other platform except Bithumb is interested in. 94.5% of all trades happen on that cryptocurrency exchange, in the pair with Korean won. Despite the respectable volume - $42 million a day - no one seems to be keen on trading KNC apart from the Koreans.
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