Today brought to mind images of the turmoil of the past week as many cryptocurrencies fell back into the red. Many major cryptos showed promise earlier this week, covering the ground they lost in the crash. As of this writing, however, the five largest cryptos by market capitalization are all down. Another name that did not trade well today is Nerve network (CCC:CKB-USD). The turmoil we have seen in the CKB crypto year-to-date raises the question of what the Nervos Network price predictions look like for 2022 and beyond.
But Nervos has seen some exciting developments recently.
Earlier this week, the platform announced that it would be teaming up with blockchain non-fungible token (NFT) pastel network on an initiative to keep NFT investors safe. This partnership was motivated by the rapid growth of Kollect.me, the NFT market from Nervos. As NFTs continue to skyrocket in popularity, related scams rise with them.
Nervos Network Price Predictions were mixed earlier this year, but have these new developments caused experts to reconsider? Let’s take a closer look.
Nervos Network Price Prediction
- PortfolioInvestor still views CKB crypto as an “awesome” 1-year investment, maintaining its bullish stance. It predicts that its price will increase by 68% before January 2023 and by 140% by the end of the following year. According to the platform’s model, CBK prices could reach $0.0336 within a year.
- DigitalCoinPrice is also bullish on CKB, posting a one-year price prediction of $0.0295 and a two-year prediction of $0.0338. By 2025, the platform predicts that it could reach $0.0471.
- Government capital posted a very bullish take, predicting that the CKB crypto could hit $0.0509 within a year.
- CryptoNewsZ is less optimistic about the immediate future of the CKB crypto but still foresees growth. He predicts that prices could break through 3 cents. Throughout 2023, he expects the price of CKB to remain between 4 cents and 5 cents.
At the date of publication, Samuel O’Brient held (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.
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