- The Kyber Network (KNC) price closed the previous day’s trade at INR 118.04 with a market capitalization of INR 18.22 billion and a circulating supply of 177,809,349.53 KNC
- KNC price after shedding more than 80% of its value from its highs in May 2022, is trying hard to lay down a notable uptrend
- The market conditions are pretty bearish currently and hence as the upward pressure eases a little a significant uptrend may be expected in the coming months
Price Comparison Table (2017-22)
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* At press time
Check the latest prices, charts, and data of KNC/USDT
Kyber Network Price Prediction 2022: KNC Price Predicted to Reach INR 300 to INR 350 by end of 2022
Unlike many other altcoins in the crypto space, Kyber Network’s price rose high to hit the ATH close to INR 450 in April 2022. This was when the other assets were struggling hard to maintain a significant uptrend. Therefore, it is believed that with slight ease of selling pressure in the market, KNC’s price could rebound firmly and regain the levels above INR 150 in the upcoming quarter.
The asset could further maintain a significant upswing, nullifying the bearish impact to reach INR 200 at the earliest. The Q4 is always believed to be thriving and hence the possibility of the KNC price reaching close to INR 300 emerges. As a major resistance was at INR 307, the possibility of a pullback also surfaces. Therefore, to end the yearly trade, the price could trade between INR 296 to INR 322.
Kyber Network Price Prediction 2023: KNC Price Predicted to Reach INR 430 to INR 470 by end of 2023
The 2022 yearly close may register the levels above INR 310 and quickly the asset may head towards the next barrier at INR 360. The asset previously has been rejected a couple of times here and hence if these levels are cleared, it may act as the base to ignite a strong uptrend ahead.
The KNC price could maintain a significant upswing aiming to reach the ATH at INR 446 at the beginning of Q3 2023. A notable correction may make its way out as the asset forms a new ATH slightly above the current one around INR 452 to INR 460. However, the asset is expected to stand strong above INR 400 and after a brief consolidation, rise slowly and steadily towards the north. Therefore, the KNC price could hover around INR 450 by the end of the 2023 trade.
Kyber Network Price Prediction 2024: KNC Price Predicted to Reach INR 550 to INR 630 by end of 2024
The levels above INR 450 are pretty important to stabilize a strong uptrend in the first couple of months of 2024. No doubt March and April trade is expected to undergo a roller coaster ride with huge price variations followed by a parallel consolidation. Therefore, the KNC price may take some time to reach the milestone of INR 500.
In the second half of 2022, the KNC price may jump in action and eventually slice through all the barriers to trade above INR 500. Reaching this milestone, the bears may jump in action to drag the price, but bulls may stand strong, rising the price above INR 550. The KNC price could trade close to INR 600 by the end of 2024 and an extended bull run may uplift the price above INR 610 too.
Kyber Network Price Prediction 2025: KNC Price Predicted to Reach INR 730 to INR 850 by end of 2025
The Kyber Network price may begin the 2025 trade above INR 600 and could continue with a strong uptrend gaining significant bullish momentum. In the first two quarters, the KNC price may register levels above INR 650, aiming to reach INR 700 before the end. However, the upper resistance may be capped below INR 680 which may compel the price to consolidate for a while.
After a brief consolidation, the KNC price is expected to continue along its path towards INR 700. Here the buyers may get exhausted as they stood strong to defend the support at INR 680. Therefore a minor pullback below INR 700 may further ignite a catapult action beyond INR 730 by the end of 2025.
Factors Affecting Kyber Network(KNC) Price
- Kyber Network, being a DEX aggregator, aims to offer the best rates by accessing liquidity pools across 80+ DEXs and splitting trades among other DEXs.
- The swapping platform, Kyberswap enables traders to swap, farm and also add liquidity to the pool
- KyberSwap launched on BitTorrent with nearly $1.5 million in liquidity mining and incentive rewards aimed to make its presence strong in the Web3 space.
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.