A few weeks into March, Clover Finance announced the rebranding to CLV and with the name, pursued a wider audience with an easier approach to become more inclusive and open to Web3 applications. Suffice it to say that developing one parachain of Polkadot and a multi-chain crypto wallet application are attractions enough.
The crypto coins have been on a slow run, making traders look for price forecasts. Furthermore, Clover Finance (CLV) is one cryptocurrency many traders are looking at regarding its future price and if it is a good investment. While the existing products and the token $CLV will remain the same, the new branding aims for a strategic change from finance to everything web3.
Touted by some as one of the most noteworthy projects in 2021 and backed by major industry institutions such as Polychain Capital, Alameda Research, Huobi, and OKex’s Ventures Arm, CLV is seen as uniquely positioned as “Passport to the Omniverse.” With this CLV price prediction, we can envision the future for CLV and how it lives up to these accolades.
The highest price of Clover Finance was recorded on 17th August 2021, during which the CLV coin hit an all-time high of $1.88. So, the question Is rooted in this previous ATH and the hope that the rebranding brings in a massive following.
Today’s CLV price is $0.085227 with a 24-hour trading volume of $2,399,473. CLV is down 1.96% in the last 24 hours. The current CoinMarketCap ranking is #429, with a live market cap of $37,734,712. It has a circulating supply of 442,756,349 CLV coins and the max. supply is not available.
Also Read:
What Is Clover Finance (CLV)?
Clover Finance is a blockchain network built on Polkadot focused on cross-chain compatibility for DeFi applications. However, this blockchain platform offers an easy-to-use Ethereum virtual machine (EVM) compatible network for substrate-based applications. Again, the Clover Finance network was launched in May 2020, and its Mainnet was launched in July 2021.
Furthermore, Clover Finance is also a DeFi platform that bridges multiple blockchains. The platform is helpful for Dapps developers who support the Polkadot-based infrastructure. Clover Finance also hosts a multi-chain wallet that allows users to have many cryptocurrencies. The multi-chain wallet is compatible with multiple Dapps based on Ethereum and Polkadot.
Clover Finance aims at simplifying transaction fees, according to its whitepaper. Unlike other DeFi platforms that ask users to pay transaction fees in specific tokens, Clover Finance allows users to pay these transaction fees in the same token where the transaction occurs.
The native coin of Clover Finance is (CLV), which is used for governance purposes. It implies that users who hold CLV have the right to participate and vote on system upgrades of the blockchain network and nominate node validators.
Clover Finance has many use cases, including deploying Dapps on the Clover network, paying transaction fees, staking, voting, and nominating node validators.
Who are the founders of Clover Finance?
The core founders of the Clover Finance blockchain are Viven Kirby, Norelle Ng, and Burak Keçeli. Kirby, an experienced enterprise resource planner, serves as the project lead of Clover Finance. Also, he previously worked with AXSource as a Microsoft Dynamics Architect.
Norelle Ng is the operations lead of Clover Finance. She is also an expert blockchain expert with a background in Human-Computer Interaction. Norelle was an advisor for Bithumb Global and Guru Online AdBeyond (Group) Limited and head of client relations at Amber Group.
Keceli currently serves as the tech lead of Clover Finance. He is also an expert web developer who started his web dev journey at 10.
In February 2021, the Clover Finance project was listed as one of the CoinList Seed Winter 2021 alumni. In April 2021, the CLV project successfully held the initial token offering event on CoinList. On July 2021, the CLV token became tradable on popular cryptocurrency exchanges such as Coinbase, Binance, FTX, Huobi, OKEx, Kucoin, Bithumb Global, Gate.io, etc.
What makes CLV distinct?
Clover Finance was created to offer different services to blockchain enthusiasts. The network, however, contains a storage layer, a smart contracts layer, a DeFi protocol layer, and an eApp layer.
The Clover Finance protocol is a flawless portal for everyone, including novices in decentralized finance. Through Clover Finance, Dapp developers can also use and create DeFi that works across blockchains.
Furthermore, Clover’s eApp (external application, an evolution of dApps) layer allows developers to seamlessly deploy their eApps without using other virtual machines or network bandwidth. Clover Finance also has an identity-based GAS fee schedule to allow frequent users to pay lower GAS fees based on how often they use the network.
How is the Clover Finance network secured?
It is essential to know that Clover Finance is an open project governed by its community. However, its community can nominate nodes using a single-click deployment. In addition, the nomination of validators is done using a proof-of-stake (PoS) consensus layer, meaning holders can stake their CLV tokens to validate transactions on the Clover network validator infrastructure.
Clover Finance network is decentralized; the Substrate framework and Polkadot parachain technology add extra security.
Clover Finance (CLV) price history
When CLV became tradable, it launched at a price tag of $1.626 on 17th July 2021. Furthermore, the coin declined a few days later, on 19th July 2021, and reached a price tag of $1.128. Furthermore, on 17th August 2021, CLV’s price surged to an all-time high of $1.88. The coin later declined again and hovered around $0.7 to $1.20 till the end of 2021.
In 2022, CLV hasn’t been able to reach its all-time high yet. Its price is declining this year – the same as most cryptocurrencies in the market. Over the past three months, the Clover Finance price has hovered around $0.1 and $0.09.
New Developments In the Clover Finance network
As part of its aim to boost its NFT ecosystem, Clover Finance recently partnered with @MonesNFTs. Users can now log in through their CLV wallets to access all Mones services.
Clover Finance also announced that users can now explore Polkadot’s ecosystem with its CLV wallet. According to Clover, the CLV wallet is one wallet that gives users the power to leverage functionalities of the Polkadot ecosystem, thus, making your experience unique.
CLV Technical Analysis
CLV/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are also bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact its trend. According to its 1D chart, CLV is currently below its 50-day and 100-day Moving Averages.
Where can you buy Clover Finance (CLV)?
You can purchase Clover Finance (CLV) directly with fiat currencies on top centralized exchanges or token swaps on several exchanges in the crypto market. It is essential to know that the top exchanges to trade/buy Clover are Binance, OKEx, KuCoin, Coinbase, Hotcoin Global, Gate.io, Coinbase, and Bithumb Global.
CLV Price Prediction 2022-2031 By Authority Sites
Wallet Investor
Wallet Investor foresees that CLV is not an excellent long-term investment. They predict that the token will be worth $0.0126 in one year. In addition, Wallet Investor expects the coin to devalue by 96.318% by 2025. Again, the coin is expected to devalue by 97.93% by 2026. Since this token has a negative outlook, Wallet Investor recommends investors invest in other projects.
Trading Beasts
Trading Beasts predicts that Clover Finance (CLV) will increase by 46.21% by 2022. They expect the token to have a maximum price of $0.160, a minimum price of $0.108, with an average trading price of $0.128.
By 2023, Trading Beasts predicts that CLV will experience an increase of 102.72%. They predict that the coin will have a maximum price of $0.222, a minimum price of $0.151, with an average trading price of $0.177.
Furthermore, Trading Beasts expects CLV to reach a maximum price of $0.273 by 2024 – meaning that the coin will experience an increase of 149.39%. They also expect the coin to have a minimum price of $0.186, with an average price of $0.218 by then.
By 2025, Trading Beasts expects that CLV will have a maximum price of $0.322, with a minimum price of $0.219 and an average price of $0.258.
Digital Coin Price
Digital Coin Price predicts that CLV is a good investment. They predict this coin will have a maximum and minimum price of $0.12 and $0.11 by the end of 2022. By 2023, Digital Coin Price predicts that CLV price will reach a maximum and minimum of $0.20 and $0.18. According to them, the average trading price of the coin by then is expected to be $0.13.
Digital Coin Price expects CLV will have a maximum price of $0.45 and a minimum price of $0.41 by 2027. By 2030, CLV is expected to have a maximum price of $1.24 with a minimum price of $1.20. Furthermore, the maximum price of the coin by 2031 is predicted to be $1.68. Its minimum price would be $1.64. CLV’s average price by 2031 is expected to be $1.65.
CLV Price Prediction By Cryptopolitan
CLV Price Prediction 2022
According to our price prediction, we expect the minimum cost for CLV in 2022 to be $0.48. Again, we expect the maximum price of the coin to be $0.54. The average trading price of the coin by 2022 is expected to be $0.50.
CLV Price Prediction 2023
After analyzing Clover Finance CLV’s past price actions in the previous year, we assume it will do well in 2023. The minimum price value of the coin is expected to be $0.71, with a maximum price of $0.83. In addition, the average trading price of the coin by 2023 is $0.73.
CLV Price Prediction 2024
We expect the price of CLV to continue its bullish run due to the several projects and roadmap behind it. However, we expect Clover Finance to reach a minimum value of $1.09 by 2024. The maximum price of the coin by then should be $1.21, while the average trading price is predicted to be $1.12.
CLV Price Prediction 2025
It is essential to know that in 2025, CLV is also expected to increase and continue its bullish trend. The coin is predicted to have a maximum price of $1.88 and a minimum price of $1.56. Again, we predict that the average trading price of the coin will be $1.61.
CLV Price Prediction 2026
By 2026, CLV is expected to increase and reach new heights. The coin is expected to reach a minimum price of $2.79 with a maximum price of $3.29. The average trading price of the coin is expected to be $2.89.
CLV Price Prediction 2027
By 2027, we predict CLV will reach a maximum price of $3.98. Also, the average trading price the coin will have is expected to be $3.50. The minimum price of the coin is predicted to be $3.40.
CLV Price Prediction 2028
In 2028, CLV might fluctuate between $5 to $6. But reaching this level could be difficult for CLV. We predict that Clover Finance will have a minimum price of $4.89, with an average trading price of $5.03. However, this shows that CLV will likely reach a new all-time high soon in the next six years, per our price prediction.
CLV Price Prediction 2029
In 2029, CLV price could reach $8.73 maximum. Also, the minimum price the coin will have in 2029 would be $7.25. Also, the average trading price of the coin is expected to be $7.46.
CLV Price Prediction 2030
As per the latest upgrades and developments, we expect CLV to have a maximum price of $12.41, with an average price of $10.83. Furthermore, the lowest price the coin will have by 2030 is predicted to be $10.53.
CLV Price Prediction 2031
We expect 2031 to be the year for Clover Finance (CLV). The coin is predicted to have a maximum price of $18.26. The coin’s lowest price by 2031 is expected to be $14.85, while the average trading price of the coin is expected to be $15.29.
Clover Finance Price Prediction By Industry Experts
Famous crypto influencer @Altcoin Disrupt says that the Clover Finance coin price will cross $0.20 and likely reach $1.56 in the next bull run only if there are more use cases in the Clover Finance ecosystem. If more people are using the token, we may see a price surge along with the bull run. Clover did a rebranding and a restructuring of its network. Still, it doesn’t change the protocol fundamentally, but it does change the network’s branding, and this crypto influencer stated that that is what investors need to keep in mind. Altcoin Disrupt says Clover might not reach its full potential in a few years, given that people might have lost faith in the token and that there are so many choices in terms of which cryptocurrency to invest in.
Conclusion
Clover is still a new coin, but it has performed well. The platform has lots of use cases. It was designed to offer more than just a single service to users. Clover Finance was built as a blockchain operating system.
Even though its price predictions are contradictory, it is evident that it has real-world solutions and use cases. Our price prediction on this cryptocurrency is bullish, and we predict that Clover Finance’s price will reach $3.98 in the next five years. Even though we are bullish on Clover Finance, we advise that you do your own research before investing in this cryptocurrency.
This news is republished from another source. You can check the original article here
Be the first to comment