Civic (CVC) Price Prediction – 2023, 2025, 2030

Civic (CVC) Overview

Civic (CVC) Introduction

Identifying yourself every time you log onto a web service can be impracticable and inconvenient. Identity management is a significant real-world problem today, and the Civic blockchain has risen as the optimal solution to tackle this issue. Curious about the price of Civic? Look no further! 

In this Civic price prediction guide, we’ve summarized all you need to know about the price of Civic, from the current price to maximum price, Civic price today, average trading price, average price, future price, and beyond. We also consider whether Civic is likely to be a good investment for the future. Keep on reading to learn more from our updated Civic price forecast.

What Is CIVIC (CVC)? 

Civic is a unique, decentralized identification platform that empowers users to control their PII or personally identifiable information. The platform employs a cryptographically secured, distributed database that allows users greater control over who can access their data and where it is stored. 

The transformational potential and value of such a system are apparent. It can target key security issues in the cryptocurrency market, reduce identity theft and scams, and increase access to identity. A system of this level has the power to transform how data is stored and managed when it comes to web credentials, banking, travel documentation, credit, and beyond. 

Civic has a mobile application that provides personal identification services by allowing users to secretly store their personal data on their devices using biometric locks or encryption. This allows users greater control over their data and helps eliminate the many security risks that come with storing data in a centralized database. 

Civic’s team aims to fully decentralize the system, using the CVC token as an incentive. The team certainly has some lofty goals in mind for Civic’s growth. They believe that a future Civic system cannot only give complete control to users over identity verification but also prevent organizations and governments from censoring their data. If the platform does take off to that extent, Civic holds the power to completely revolutionize identity management as we know it today. 

The Civic Token 

Civic’s native token is called Civic (CVC) and is based on the Ethereum network. It is an ERC-20 token, meaning it can be stored on any wallet supporting Ethereum. 

The CVC coin performs several functions on the chain, including powering the platform’s identity verification systems. Once users have verified their information using Civic, they can securely share or confirm any personal information with service providers. This, in turn, eliminates the need for regular re-verification requirements, which can be quite impracticable. 

Users of Civic are in total control over their data, as it is stored on their mobile phone or preferred device. They can share their data with whoever they want, whenever they want. 

CIVIC (CVC) Fundamental Analysis 

Civic has tapped into a unique yet important market space. Where organizations traditionally pay millions of dollars to verification service providers, Civic presents a cheaper alternative system.

It allows service providers to pay validators for every verification check they conduct. Service providers can thus pay with the Civic coin (CVC) and avoid the sky-high costs of traditional verification services. 

While securing all verification data in one space sounds like an ideal concept, it requires high demands from validators, users, and service providers to turn in a profit. Only if Civic can reel in more demand for its coin and service in the future, is the price of Civic expected to rise. 

However, considering the platform’s past performance and historical data, experts have predicted a good chance for growth. Our team’s fundamental analysis of the Civic platform found several plus points. We have discussed some of Civic’s top features below. 

Privacy 

As a platform designed to fill the gaps in traditional identity management systems, Civic prioritizes user privacy. Being a highly privacy-focused system, it stores all information on a decentralized ledger secured and backed by the Ethereum blockchain. This advanced system makes identity theft and other scams increasingly improbable. 

Easy Identity Management 

A CVC wallet can serve as an all-in-one identification storage, like a digital wallet or ID. It can hold all your private information, from health information to passwords and beyond, eliminating the need for physical documents or files. 

Key Management System 

Unlike most platforms, Civic does not employ mnemonic codes or seed phrases to store user data or passwords. Instead, it uses a multi-signature, private key management functionality to store private keys independently. 

CIVIC (CVC) Technical Analysis 

As with any other currency, a Civic price prediction is open to variables in the cryptocurrency market. Civic’s price can be influenced by several factors, from the number of users to service providers and validators who employ the platform’s services. 

If Civic is to grow in the future, it must successfully attract everyday internet users who are willing to entrust the platform with their sensitive information and also beat popular competitors like Decentralized ID or Selfkey. To what extent ISPs are willing to accept verified customer information from Civic is also crucial to the platform’s success, alongside the number of reliable validators that partner with Civic. 

While only time will tell whether Civic manages to grow further in this regard, most experts have predicted that the price of Civic is set for a gradual upward trend. If it manages to rise above its competition and attract users, ISPs and validators, Civic has the potential to see a price rise in the future. 

CIVIC (CVC) Current Price

Civic is currently worth $0.171448 USD. CVC has moved 7.55% in the last 24 hours with a trading volume of $45,067,871. Civic is currently ranked 1118 amongst all cryptocurrencies with a market capitalization of $171,448,233 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Civic (CVC) to decide wether it is going to have a bullish or bearish year.

CIVIC (CVC) Price Prediction 

Our Civic price predictions are based on thorough technical analysis. We employ real-time Civic market data to update our website with a dynamic Civic price forecast. 

Curious about whether Civic is a profitable investment? Have a look at our Civic price prediction below.

Our price prediction forecasts use real-time Civic (CVC) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Civic (CVC) Price Prediction 2023

Civic, according to some, is one of the most amazing cryptocurrencies to rise this year (CVC). The CVC price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.257172.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.240028 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. CVC is expected to have a minimum value of $0.205738.

Civic (CVC) Price Prediction 2024

In 2024, Civic CVC price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of CVC will soon surpass $0.428621. However, we should wait to see if the CVC’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, CVC will trade with a minimum trading price of $0.342896 and an average trading price of $0.377186.

Civic (CVC) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.600069 and CVC may profit. If the market experiences a decline, the goal may not be met. CVC is expected to trade at an average price of $0.548634 and a low of $0.514345 in 2025.

Civic (CVC) Price Prediction 2026

If Civic successfully boosts market sentiment among cryptocurrency enthusiasts, the CVC coin price could remain stable for the next five years.

According to our projections, CVC will be green in 2026. The CVC is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.771517, with a minimum price of $0.685793 and an average price of $0.720083.

Civic (CVC) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the CVC price is expected to cross an average price level of $0.891531 by 2027, with a minimum price of $0.857241 expected before the end of the year. Furthermore, CVC has a maximum price value of $0.942965.

Civic (CVC) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $1.06. If CVC manages to break the resistant level in 2028, we could see a maximum price of $1.11, failing to gather the support CVC needs by 2028 could result in a low of $1.03.

Civic (CVC) Price Prediction 2029

While CVC is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $1.20 and a yearly price close above $1.29 in 2029.

Civic (CVC) Price Prediction 2030

By 2030, Civic will finally surpass its previous ATH values and record new price levels. The minimum price could be $1.37 and potentially reach a maximum price value of $1.46, averaging out at $1.41.

Civic (CVC) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum CVC price in 2031 is projected to be $1.68 in the event of a bull run, with an average price level of $1.61.

Conclusion 

Since Civic’s launch in 2018, the CVC coin has been among some of the most volatile currencies in the crypto market. Still, a future Civic price increase is possible, as CVC’s value is gradually moving upward.

Investing in Civic at this point could be pretty risky. However, this Civic price prediction is not intended to be investment advice. We strongly recommend conducting your own Civic market research before deciding if it is a suitable investment for you. 

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