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Identity verification via blockchain stopped sound like a dream in 2015 when the Civic platform came alive. The native cryptocurrency of the decentralized Civic project CVC coin is a key to the secure authorization of a user.
Civic (CVC) coin price has been fluctuating recently, just like prices of any other cryptocurrencies. The crypto market has a very volatile nature, which can benefit traders if you know how to use it. Changelly has collected CVC essentials to provide a full Civic coin price prediction.
What Is Civic (CVC) Coin?
Launched in 2015, the Civic project is currently headquartered in Palo Alto, California. Civic is an Ethereum-based decentralized platform that aims to prevent online fraud reduction. After the infamous Facebook scandal, personal information security continues to be a hot topic inside and outside the world of crypto. Civic is a blockchain-based solution that provides each user with more control over his/her private data in a secure manner.
Civic provides a mobile application that is available in the App Store and Google Play. With a juicy slogan, Picture a wallet, only better, Civic app is a comprehensive and modern way to store your essentials verified by a blockchain-based ecosystem. Users can keep their digital assets (BTC for now and ETH, USDC, CVC in the future) in just one place and manage them whenever they want. In case users lose access to their cryptocurrency (lost phone, Civic failure, etc.), they will be protected by Civic’s $1 million Cryptocurrency Protection Guarantee.
What is more, Civic enables blockchain-stored identity verification. One can verify his/her identity once and share this piece of information with trustable companies. This means the KYC/AML procedure will no longer take too much time.
At its core, the CVC coin is an ERC-20 token. According to the Civic Whitepaper, the Civic (CVC) coin plays a role of settlement between participants to an identity-related transaction within the ecosystem. It may also be used to incentivize community members to contribute to the ecosystem. Finally, CVC coin will be used as a payment option for purchasing services directly from the Civic.
Civic Coin Price Changes
Civic Coin Live Price
Civic Coin Future Price
We’ve collected Civic coin price predictions made by algorithms of different forecast services. Is Civic coin a good investment? Let’s find out.
Civic Coin (CVC) Price Prediction for 2020
WalletInvestor price prediction platform gives a pessimistic forecast on CVC price trends. According to the service, the highest Civic price in 2020 is expected to be $0.03027
TradingBeasts provides a more optimistic prediction and prognoses CVC price to reach $0.0401623 this year. CryptoGround’s prediction is also optimistic about Civic’s future price. It gives a forecast that CVC might reach $0.0435 in 2020.
Civic Coin (CVC) Price Prediction for 2021, 2022, 2023, 2024
According to WalletInvestor, CVC is a bad long-term investment, and the Civic coin price might meet a decrease in the following years. However, the service also provides the Civic coin price chart that shows a possible spike in CVC value in 2021.
CryptoGround offers an opposite prognosis and shows a Civic coin price chart with an uptrend price prediction.
TradingBeasts predicts CVC price to reach $0.0416 in 2022 and $0.0499 by the end of 2023.
Civic Coin (CVC) Price Prediction for 2025
The CryptoGround’s in-house learning algorithm makes a prediction that the Civic coin price will probably reach $1.15 in five years. This prediction makes CVC a profitable investment option for 2020. However, WalletInvestor predicts the opposite and provides a forecast that CVC will not reach the value of $1.00 in 2025. It also predicts that there is a possibility of the Civic price crash.
Civic Cryptocurrency Future Price – Summary
As can be seen from the predictions above, Civic (CVC) price forecasts are quite controversial. There is no unified negative/positive opinion about the future price of Civic cryptocurrency. Indeed, the digital asset’s growth depends on various factors: announcements, new technological solutions of the Civic projects, the crypto environment in general, and many more.
We kindly remind you that before investing in any cryptocurrency, it is vital to do your own research (DYOR). If you decide to invest in Civic coin, you can always buy CVC on Changelly with your credit card (Visa, Mastercard), bank transfer, or Apple Pay. Invest safely!
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.