Civic Price Prediction 2024: Can CVC Cash in on Spike?

Key Takeaways

• Civic announced the launch of the Civic ID System.
• Its CVC native token jumped to $0.25 after the news.
• One price prediction says it may reach $0.7263 next year.

Civic (CVC) price jumped to $0.25 in late March 2024 after the company announced the launch of the Civic ID System.

The system combines digital, analog, and mobile identity. The company is also launching the Civic ID card, a physical ID card that will bridge our online and offline digital identity platform.

The company said : “Civic ID is designed to meet the next generation of identity threats.” Will this news be enough to sustain further rise in CVC price?

Civic did not immediately respond to a request for comment.

But what is Civic (CVC)? How does Civic work? Let’s see what we can find out, and also take a look at some of the Civic Price Predictions that were being made as of March 27, 2024.

Civic Coin Price Prediction 

Let’s examine some of the Civic price predictions being made on March 27, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

First, CoinCodex   had a short-term Civic price prediction that suggested the token would go to $0.276452 by April 3 before rising further to $0.349661 by April 26. The site’s technical analysis was bullish, with 30 indicators sending encouraging signals and two making bearish ones.

Civic Price Prediction for 2024

DigitalCoinPrice  said Civic would reach $0.54 this year while PricePrediction.net  expects it at $0.4691 and Changelly  said CVC would close the year at $0.106. 

Civic Price Prediction for 2025

Changelly said Civic would reach $0.726 while PricePrediction.net also sees it at $0.7263. DigitalCoinPrice said CVC would trade at $0.63. 

Civic Price Prediction for 2030

Moving on to a more long-term Civic price prediction, PricePrediction.net said the coin would be worth $4.81 in 2030 and Changelly also expects it at $4.81. DigitalCoinPrice made a CVC price prediction of $1.84 at the start of the next decade.

Google Gemini AI Price Prediction for Civic (as of March 27)

Google’s Gemini AI platform gave the following price prediction for Civic on March 27. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligence price predictions are predicated on past performances and are in no way entirely accurate.

Short Term (Next 3 months)

• Expected price: $0.36

• Factors to Consider:
  • Market sentiment: Overall cryptocurrency market trends can significantly impact Civic’s price.
  • Civic-specific developments: News, partnerships, or updates from the Civic team can influence the price.
  • Regulations: Regulatory changes from governments can affect the entire cryptocurrency market.

Medium Term (Next 6 months)

• Expected price: $0.249259

• Factors to Consider:
  • Market trends: The overall cryptocurrency market sentiment can significantly impact Civic’s price.
  • Civic developments: News or updates from the Civic team about partnerships, product development, or adoption could influence the price.
  • Regulatory landscape: Regulations surrounding cryptocurrency can also affect the price.

Long Term (Next 5 years)

• Expected price: $0.61

• Factors to Consider:
  • Cryptocurrency is a volatile market, and prices can fluctuate significantly.
  • Do your own research before making any investment decisions. Consider factors like Civic’s project development, partnerships, and overall market trends.
  • Never invest more than you can afford to lose.

Civic Price History

Let’s now take a look at some of the highlights and lowlights of the Civic price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Civic price prediction. 

When Civic first came onto the open market in July 2017, it was worth $0.1713. It then increased, reaching its highest level of $1.096 on January 6, 2018. But the coin experienced a notable decrease since then for the following two years, trading at around $0.03 for almost all 2019 and 2020. It only started to rise in January 2021 and kept on increasing for the the first part of that year, hitting the 2021-highest-level of $0.7198 in March.

CVC then fell back again, trading under $0.10 in 2022 and in almost the whole of 2023.

CVC in 2023 and 2024

The coin spent quite all of 2023 under $0.10 and only jumped in March 2024, reaching $0.25 on March 27, 2024.

At that time, there were one billion CVC in circulation, representing the total supply. This gave Civic a market cap of about $246.3 million, making it the 297th largest crypto by that measurement.

Is Civic a Good Investment?

It is hard to say. The coin has been around for a long time, but it is only now really making headlines. On the horizon, there’s no clear bullish or bearish sign.

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in Civic.

Will Civic go up or down?

No one can really tell right now. While the Civic crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in Civic?

Before you decide whether or not to invest in Civic, you will have to do your own research, not only on CVC, but on other, related, coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Civic (CVC) Explained

How CVC Works

Civic Attention Tracker

Here is a chart for the Civic Google search volume for the past 90 days. This represents how many times the term “Civic CVC” has been Googled over the previous 90 days.

FAQs 

Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About the Author

Giuseppe Ciccomascolo

Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors. Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.

See more

[email protected] LinkedIn