CRV - The most undervalued DEX in DeFi

[jacafbiz]

I don't buy into it that CRV is undervalued, it is around $2.3 per tokens now, and looking at the whole market cap that is huge. The team got some basic things wrong initially when the tokens was launched and it seems they don't want it to be controlled by the community also the amount of tokens entering the market daily is also huge all these do not help the price initially but it seems they are trying to rectify some of these error. No matter how good a project is, if the tokenmetrics is wrong the price will suffer

CRV will continue to follow UNI in price. I predict UNI will be trading at $50+ by the end of next month. CRV will follow, I expect $10 per CRV over the coming weeks...

You might be right, it is going to follow the price of UNI, but one thing you need to look at is the Total market cap, has the tokens keep coming to the space, if the whales stop pumping and buying up the tokens, the is a reason the price went from $50 to $0.5 in the first place

[zeroknowledgeproofs]

$5 short term, long term I see this coin trading well over $20. DeFi coins are set to explode over the coming weeks.

I will be happy If CRV hit $5 and my portfolio will be 3x or more. I also using the Grid trading bot with this coin and the higher price is $7, The grid already made a good amount doing regular buy sell on the pump and dump. hope when the price will hit $7 I can profit a good amount. Price already increasing, I hope soon we will get a new all-time high. New investors are mostly buying Defi coin nowadays. So its time to wait with a good bag of CRV

Looking like it wants to fly past $5 within the next few days. Once that happens I expect a small correction and then for us to trade sideways at the $5 level before resuming rally past $10

[GreekCoiner]

Guys I hope you are holding it for short-mid term investment and not for long term. Its supply is terrible. You saw how easy it went to ~0.4 USD. Now it is pumping because we are in bull market and everything goes up. We don't know when the next bear market comes. CRV isnt from the bests coins to hold IMO.

[zeroknowledgeproofs]

Guys I hope you are holding it for short-mid term investment and not for long term. Its supply is terrible. You saw how easy it went to ~0.4 USD. Now it is pumping because we are in bull market and everything goes up. We don't know when the next bear market comes. CRV isnt from the bests coins to hold IMO.

The price is rising because Curve is being used more than ever before. The demand will only increase as institutions and banks get involved in this space and need platforms for stablecoin swaps. Curve is positioned as the market LEADER for stablecoin swaps and that is huge... not to mention they are adding regular pools for all other ERC20 pairs soon + zcash pools on Curve

[Distinctin]

$5 short term, long term I see this coin trading well over $20. DeFi coins are set to explode over the coming weeks.

I will be happy If CRV hit $5 and my portfolio will be 3x or more. I also using the Grid trading bot with this coin and the higher price is $7, The grid already made a good amount doing regular buy sell on the pump and dump. hope when the price will hit $7 I can profit a good amount. Price already increasing, I hope soon we will get a new all-time high. New investors are mostly buying Defi coin nowadays. So its time to wait with a good bag of CRV

That only be possible if someone will give some hypes just like to DOGE. Maybe, if we could ask Elon Musk to do it (in its favor) we might see a huge uplift but what CRV position now, that is quite impossible to reach $7. But I encourage you to stay patient coz nobody knows it might unexpectedly surging high just like what happens to other Defi coins. But if you are already in the profit now, better make a decision to sell and diversify your portfolio, you find more potential altcoin or Defi coins around.

[DarkDays]

I don't buy into it that CRV is undervalued, it is around $2.3 per tokens now, and looking at the whole market cap that is huge. The team got some basic things wrong initially when the tokens was launched and it seems they don't want it to be controlled by the community also the amount of tokens entering the market daily is also huge all these do not help the price initially but it seems they are trying to rectify some of these error. No matter how good a project is, if the tokenmetrics is wrong the price will suffer

I agree. These early mistakes can be costly. In the case of Curve, it's value is not undervalued, it already has a large market cap. As for it growing, I'm sure it is possible with this bullrun but whether this will be the best option to put your money in, I'm not so sure. You can think of it even as a soon to be competitor of UNI but we know that without proper tokenomics nothing substantial can happen.

[zeroknowledgeproofs]

I don't buy into it that CRV is undervalued, it is around $2.3 per tokens now, and looking at the whole market cap that is huge. The team got some basic things wrong initially when the tokens was launched and it seems they don't want it to be controlled by the community also the amount of tokens entering the market daily is also huge all these do not help the price initially but it seems they are trying to rectify some of these error. No matter how good a project is, if the tokenmetrics is wrong the price will suffer

I agree. These early mistakes can be costly. In the case of Curve, it's value is not undervalued, it already has a large market cap. As for it growing, I'm sure it is possible with this bullrun but whether this will be the best option to put your money in, I'm not so sure. You can think of it even as a soon to be competitor of UNI but we know that without proper tokenomics nothing substantial can happen.

Keep in mind there are major incentives for CRV holders to stake their coins so they can earn more CRV

I suspect over time as people figure this out and demand increases we will see more and more CRV locked up , the tokenomics of this system are not like most coins.

[OcTradism]

Keep in mind there are major incentives for CRV holders to stake their coins so they can earn more CRV

I suspect over time as people figure this out and demand increases we will see more and more CRV locked up , the tokenomics of this system are not like most coins.

It is problem for DeFi tokens now and stake/ masternode coins in the past. You have to lock your coins or tokens to receive rewards but in the same time price will have changes. It is bad if you receive rewards as 50% of your initial amount of tokens but the price falls down 70% or more.

With DeFi tokens, choose the good period to enter in order to get as cheapest price for your initial investment as possible is key. This step helps to reduce risks of price falls down deeper and also increase chances to get profits from your rewards. Even you get rewards with profits, the next problem is do you cash it out or keep reinvestment all (too much greedy)? The latter one sooner or later will cause you a loss.

[zeroknowledgeproofs]

Keep in mind there are major incentives for CRV holders to stake their coins so they can earn more CRV

I suspect over time as people figure this out and demand increases we will see more and more CRV locked up , the tokenomics of this system are not like most coins.

It is problem for DeFi tokens now and stake/ masternode coins in the past. You have to lock your coins or tokens to receive rewards but in the same time price will have changes. It is bad if you receive rewards as 50% of your initial amount of tokens but the price falls down 70% or more.

With DeFi tokens, choose the good period to enter in order to get as cheapest price for your initial investment as possible is key. This step helps to reduce risks of price falls down deeper and also increase chances to get profits from your rewards. Even you get rewards with profits, the next problem is do you cash it out or keep reinvestment all (too much greedy)? The latter one sooner or later will cause you a loss.

Staking has been very profitable with Curve over the past few months.

[libert19]

Curve (CRV) is currently the most undervalued DeFi project

Major problems for CRV are:
- One of their developer pulled the trigger to launch it main net before schedule, that created a bad drama at their early days.
- The token has very huge supply and it makes investors fear of loss from inflation.
- Daily pressure from investors and stakers, farmers when they receive rewards and cash out.

Short term price target: $5-8

From the 1 day chart, the price you gave is correct. At least I agree with you on the target price $5 that is the nearest resistance for CRV. If you use 3D chart, the resistance is $5.3 and I believe that CRV will be stagnant from $5 to $5.3 a while before it can accumulate enough capital and interest from the market to climb to $7.6.

If CRV successfully breaks the resistance cap at $7.6, it will fly to the Moon.

"Major problems for CRV are:
- One of their developer pulled the trigger to launch it main net before schedule, that created a bad drama at their early days."

--- This is actually a good thing, if you take a look at current government regulation surrounding these things. The way Curve Finance DAO was set up, due to their launch there is no way a Government can come attack them. Curve was launched by anon Twitter user who did us all a good favor: https://twitter.com/0xc4ad ----  Unlike Uniswap where their founder is known.

But still uniswap being dex, power resides in hands of uni holders, founder created it but the uniswap itself does not depend on it.

[zeroknowledgeproofs]

Curve (CRV) is currently the most undervalued DeFi project

Major problems for CRV are:
- One of their developer pulled the trigger to launch it main net before schedule, that created a bad drama at their early days.
- The token has very huge supply and it makes investors fear of loss from inflation.
- Daily pressure from investors and stakers, farmers when they receive rewards and cash out.

Short term price target: $5-8

From the 1 day chart, the price you gave is correct. At least I agree with you on the target price $5 that is the nearest resistance for CRV. If you use 3D chart, the resistance is $5.3 and I believe that CRV will be stagnant from $5 to $5.3 a while before it can accumulate enough capital and interest from the market to climb to $7.6.

If CRV successfully breaks the resistance cap at $7.6, it will fly to the Moon.

"Major problems for CRV are:
- One of their developer pulled the trigger to launch it main net before schedule, that created a bad drama at their early days."

--- This is actually a good thing, if you take a look at current government regulation surrounding these things. The way Curve Finance DAO was set up, due to their launch there is no way a Government can come attack them. Curve was launched by anon Twitter user who did us all a good favor: https://twitter.com/0xc4ad ----  Unlike Uniswap where their founder is known.

But still uniswap being dex, power resides in hands of uni holders, founder created it but the uniswap itself does not depend on it.

Im calling it now we will be over $4 within 24 hours

[GreatArkansas]

DeFi coins are UP! Most of them are in their all-time-high and keep creating a new ATH. This CRV also got my attention since I am scanning every DeFi coins that the all-time-high is still far, so there is still a lot of room for profits. But I admire this thread to help my research, not only in price but also in fundamentals.
I am still waiting for a few dumps before buying CRV, the RSI is still in an oversold area, I am not buying now.
Here's my simple chart.

[zeroknowledgeproofs]

CRV on the way to the moon, Current price is $3.20 and we are in a bullish market. Bitcoin price also increasing and CRV doing well. Sold out my 30% bag here and now waiting for $5 per CRV. My long term target is $6+ per CRV coin. The volume of the CRV coin is also increasing so it's sure that new investors/traders are very interested in this coin. Hope soon we will reach $5

I am adding to my stack on each pull back while this thing is under $5. Like I said several times now, this coin is going to $10+ long term, has massive potential to be even bigger than AAVVE or COMP

[OcTradism]

Staking has been very profitable with Curve over the past few months.

It is true if you did not buy CRV in the first 3 months after it was launched. It is basic and key to get profits from DeFi coins if you don't trade. Wait for a while and get a good price to buy, hold and lock them to pools to get rewards and wait for pumps.

Buy it at price from which it won't fall much deeper will help you get profits and won't get much headache. If people bought CRV 4 or 5 months ago, they get huge profit but if they bought it in first 2 months, their hearts would be broken with terrible dumps.

I am still waiting for a few dumps before buying CRV, the RSI is still in an oversold area, I am not buying now.
Here's my simple chart.

Price from $1.9 to $2.7 can give you good accumulation chance.

[shoreno]

cool name they have . reminds me of a car but dont be sure yet that crv can do thier promise . with so many new failed projects, i now find it hard to put my trust to just any new coin but i will only believe on them once they have proved something . trading on thier platform is much smoother because they only have one coin in trade but that performance can change and can became glitchy if ever they are going to add more crypto pairs as on what they promised . lets wait and see

[cabron]

Dont forget that there is a bullrun, those indicators don't mean anything for now. Just buy lol

If you are willing to wait anyway, just hold it or perhaps joining the liquidity pool to make money out of it. The price of CRV jump from $2 to 3 lately, that's big already. It should be worth watching the investment grow just like how our investment to defi tokens like Aave and SNX.

[zeroknowledgeproofs]

Dont forget that there is a bullrun, those indicators don't mean anything for now. Just buy lol

If you are willing to wait anyway, just hold it or perhaps joining the liquidity pool to make money out of it. The price of CRV jump from $2 to 3 lately, that's big already. It should be worth watching the investment grow just like how our investment to defi tokens like Aave and SNX.

taking the opportunity to add to my stack today, a bit more sideways before we continue past $4

[GreekCoiner]

The price is rising because Curve is being used more than ever before. The demand will only increase as institutions and banks get involved in this space and need platforms for stablecoin swaps. Curve is positioned as the market LEADER for stablecoin swaps and that is huge... not to mention they are adding regular pools for all other ERC20 pairs soon + zcash pools on Curve

Yes but there are so many DEX based stablecoins swap projects and you can also do that through Uniswap. Since CRV is open source project, it isn't difficult to fork it and create something similar.

About institutionals and banks, they have no reason to do that via DEXs. IMO, they are using centralized exchanges which have more liquidity and security plus the fact that they can hide their tracks since their trades and deposits are not visible like they are in Ethereum blockchain.

[Sindicatout]

Curve (CRV) is currently the most undervalued DeFi project:

Why am I bullish on CRV?

Right now Uniswap is the number 1 DEX (Decentralized Exchange) but this won’t last long in my opinion due to what Curve Finance offers. At the moment they are not a direct competitor to Uniswap as they are just a stablecoin DEX. However over the coming months they plan on adding Cryptocurrency Pools for Crypto pairs, which would make them a direct competitor to Uniswap. They already have a better algorithm that provides traders less slippage when trading in and out of stablecoins. Uniswap has horrible slippage.

Once Curve Finance adds liquidity for other ERC20 coins, and applies the same algorithm they are using now for stablecoins to those swaps, it will provide traders a better option for trading on a DEX with far less slippage than Uniswap for all ERC20 pairs.

CRV already has surpassed Uniswap in total value locked in the system. So it’s only a matter of time before price catches up...

Short term price target: $5-8

I fully support it. The coin has a huge accumulation of positions on the chart. Such coins can reach up to $20 safely. I will record a profit of $9 and above. This is one of the most promising projects in recent times. The only question is that crv do not take money, because they are worried about the community

[(o)(o)ilikeboobs(o)(o)]

CRV is a good DEFI project but the total supply and the way the token distribution project is a barrier to this project from increasing in value. Investors invest for profit so they will choose governance token distribution projects that decrease over time.
I think CRV will increase in price but slower than other DEFI projects.