Kyber Network is on-chain liquidity protocol uses Smart contact to enable blockchain implementation on the network. The platform built on Ethereum blockchain which provide instant exchange in any decentralized application by providing liquidity access to users, DApps, Vendors, payment gateway and decentralized funds, at same time network execute contribute property for token holders, token founders and market creator. Network follow permissionsless protocol that gives freedom to developers to set many types of reserves and also give contribution in the liquidity implementation.
The smart contract protocol delivers single interference to obtained best ever token exchange output and it taken from aggregated liquidity pool which scratch from different strategies and implementation i.e diverse source of liquidity. The protocol provides support during token swap between receiver and liquidity provider and also aims to provide instant settlement, atomicity, public rate verification and ease of integration.
KNC stands for Kyber Network Crystal is token created by network, it is created to serve governance, economics and other functionalities across all implementation generated by the protocol and other than this it also handles treasure funds. Keeping it short, Kyber provide instant exchange of available token into another one without leaving wallet and also in e-commerce payment gateway platform, decentralized finance and exchange or trading integration. Where any token holder can list their token on platform and they need to follow basic condition before adding it to the network.
Kyber Network Price Prediction
According to the recent analysis by crypto flipside, Kyber network has secure top spot in one the most talked token. as of article writing, the token in 2020 jumped up from $0.18 to $0.87 USD with 378% hike in last 6 month. In early June 2020 KNC is already up by 28% and the price is not showing any sign of dropping in near in future. somehow, Kyber Network not able to maintain positive ROI, but the solid performance they put in 2020 year is helping them to enter into crypto trending topic. In this meantime, at one-point Protocol which network has is third most popular DEX with nearly $6 million worth reserved in the DeFi and also giving tough competition to the uniswap and IDEX. somehow if KNC able to maintain same momentum to reach $1 USD then this will help this project to enter in top 50 largest market cap list.
Kyber Network Price Prediction 2020
|Month & Year||Price Prediction in USD|
|August 2020||$1.45 USD|
|September 2020||$1.692 USD|
|October 2020||$1.02 USD|
|November 2020||$0.92 USD|
|December 2020||$1.12 USD|
KNC Price Prediction 2021 to 2030
|Quarter & Year||Price Prediction USD|
|January 2021||$1.20 USD|
|March 2021||$2.31 USD|
|June 2021||$1.67 USD|
|September 2021||$2.65 USD|
|December 2021||$3.012 USD|
|January 2025||$13.29 USD|
|March 2025||$12.02 USD|
|June 2025||$14.02 USD|
|September 2025||$15.02 USD|
|December 2025||$16.23 USD|
|January 2030||$28.09 USD|
|March 2030||$25.28 USD|
|June 2030||$23.89 USD|
|September 2030||$27.98 USD|
|December 2030||$26.09 USD|
Kyber Network Overview
|Project name||Kyber Network|
|Ticker Symbol||KNC Token|
|Total Supply||210,660,965 KNC|
|Based on||Ethereum Blockchain on-chain liquidity.|
|All-time high||$6.00 USD|
|Exchange Platform||Binance, Coinbase Pro, OKEx, Bilaxy, Huobi Global, MXC, DragonEx, Bithumb, Kucoin, AAX, CoinCDX, VinDAX, Upbit, Bw.com, P2PB2B, Bitrue, folgory, BKEX, Coinone, Probit Exchange, Kucoin, ZB.com, Vinex Network, HitBTC, Bitfinex, Poloniex, Gate.io, Mercatox, GOPAX, Bitkub.|
|Wallet||MEW, imToken, Enjin, Coinbase, Midas Protocol.|
KNC Token ICO Overview
|Platform used||ERC-20 Token|
|Raised by||$52,000,000 USD|
|Date of ICO||15th September 2017|
|Partners||Decentraland, Uniswap, MyEtherWallet.|
Kyber Network FAQ
Can Kyber Network Reach $10 USD?
Yes, most probably in 2024.
How Much KNC Coin Worth in 2030?
$25 USD expected to be average price for 2030.
Is Kyber Network Good Investment?
Undoubtedly yes, for long term and short terms recommended.
Kyber Network exchange are less expensive and has higher transaction speed and nobody is handle your asset like Kyber network with the magic of decentralized apps and smart contract. This project in the one most growing blockchain project in 2020 and also show its strength by showcasing consistent performance in the price graph. The crypto market is changing and liquidity on-chain is high on demand and so being one the most uses platform will definitely gaining thousand user in the future. The already giving freedom to contributor to set algorithm in token swap and making it faster and more scalable. The project in the pandemic cause by covid19 still show massive increase trading volume, token burns. In recent time the also successfully connected EOS and Ethereum by naming it waterloo to become 2nd largest smart contract platform.