Table of Contents:
- Coin prognosis
- What is Cover Protocol coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Why we are bullish on Cover Protocol Up Only
Our coin price forecasting algorithm indicates bullishness on the COVER/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Cover Protocol, using ranking algorithms that are based on Historical price data.
What is Cover Protocol? Fundamental Analysis
Cover Protocol provides peer to peer coverage with fungible tokens. It lets the market set coverage prices as opposed to a bonding curve.Cover Protocol allows DeFi users to be protected against smart contract risk. It stabilizes the turbulent DeFi space by instilling confidence and trust between protocols and their users. By bridging the gap between decentralized finance and traditional finance, Cover Protocol aims to open the doors of DeFi to all investors.The COVER Token and Migrations (SAFE2 to COVER)The exact token distribution can be found here. In our original plans, we had a tentative amount of 55,000 $COVER to be migrated. However, the amount of $COVER eligible in the snapshot for claiming (for those who missed the $SAFE =>$SAFE2 migration) was lower than expected by 150 tokens. For now, this difference of 150 $COVER will be minted to the treasury and we will hold a vote for $COVER holders to decide on what we do with these tokens.On release, $SAFE2 holders can migrate to $COVER while those who missed the $SAFE -> $SAFE2 migration will be eligible to claim a partial amount of their snapshotted balance. There will be a MIGRATE button on the left bottom of the side nav.This page refers to the updated version of COVER. Historical data prior to the update can be consulted here.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jul 30, 2021 | $692.2816 | Neutral |
| August, 2021 | $ 1,353 USD | Upside |
| September, 2021 | $ 759 USD | Upside |
| October, 2021 | $ 1,295 USD | Upside |
| January, 2022 | $ 1,292 USD | Upside |
| July, 2022 | $ 1,290 USD | Upside |
COVER Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Cover Protocol rise today? | Our data indicates Cover Protocol will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Cover Protocol (COVER) in future? | Our analysis shows a possible all time high of $1290.1287 USD |
| Will Cover Protocol (COVER) price increase in future? | Our prognosis shows Cover Protocol (COVER) will increase exponentially in future, attaining a possible coin price of $1290.1287 USD |
| Will an Investment in Cover Protocol (COVER) be profitable or make a loss? | Cover Protocol will be a profitable investment in the next 1 year, giving hodlers a good return. |
| What will be the highest price of Cover Protocol (COVER) in future? | $1290.1287 USD |
| Will the price of Cover Protocol (COVER) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Cover Protocol? | Our algorithms indicates an end of year price of 1 COVER = $1290.1287 USD. |
| What is the Cover Protocol price prediction for 2025? | By the year 2025, the price of one COVER could be as high as $6450.6435 USD |
| Cover Protocol price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
| Where do I buy Cover Protocol? | We painstakingly listed out some great options for you. Purchase COVER coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Cover Protocol has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| March 23, 2021 | $629.25 | $61,310 |
| March 22, 2021 | $640.08 | $363,093 |
| March 21, 2021 | $607.37 | $236,624 |
| March 20, 2021 | $617.13 | $155,480 |
| March 19, 2021 | $626.98 | $188,138 |
| March 18, 2021 | $632.41 | $439,867 |
| March 17, 2021 | $563.36 | $386,408 |
| March 16, 2021 | $543.12 | $161,279 |
| March 15, 2021 | $596.94 | $247,204 |
| March 14, 2021 | $614.39 | $159,569 |
| March 13, 2021 | $605.46 | $219,357 |
| March 12, 2021 | $548.67 | $661,055 |
| March 11, 2021 | $515.88 | $506,369 |
| March 10, 2021 | $544.41 | $395,622 |
| March 9, 2021 | $515.12 | $497,174 |
| March 8, 2021 | $530.16 | $379,650 |
| March 7, 2021 | $586.77 | $859,377 |
| March 6, 2021 | $641.73 | $795,139 |
| March 5, 2021 | $854.1 | $1,854,927 |
| March 4, 2021 | $941.82 | $126,646 |
| March 3, 2021 | $968.68 | $110,569 |
| March 2, 2021 | $1015.81 | $167,542 |
| March 1, 2021 | $851.41 | $133,122 |
| February 28, 2021 | $947.54 | $105,090 |
| February 27, 2021 | $906.56 | $127,511 |
| February 26, 2021 | $921.73 | $315,166 |
| February 25, 2021 | $1044.17 | $274,233 |
| February 24, 2021 | $1082.95 | $216,676 |
| February 23, 2021 | $1199.31 | $592,820 |
| February 22, 2021 | $1300.41 | $458,975 |
