Cream Finance Price Prediction 2023-2030: Will CREAM Reach $1000?
Cream Finance Latest Price
Cream Finance Past Performance
|Last 7 Days||+4.8%|
|Last 1 Month||+8.7%|
|Last 12 Months||+7.1%|
|Since Launch (2020)||-87.1%|
Cream Finance Price Prediction Today, Tomorrow and Week
- Cream Finance Price Prediction in the next 24 hours is between $17.0 and $18.4
- Cream Finance Price Prediction this week is between $17.1 and $18.2
|Overall Outlook||Partially Bullish|
|1. Market's Wisdom||Partially Bullish|
|1a. Market Data||Partially Bullish|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Partially Bullish|
|2a. Social Media Buzz||Higher|
|2b. Social Media Sentiment||Steady|
Cream Finance Price Prediction 2023-2030, Aggregated
- Cream Finance Price Prediction 2023 is $19.4
- Cream Finance Price Prediction 2024 is $28.7
- Cream Finance Price Prediction 2025 is $45.0
- Cream Finance Price Prediction 2026 is $63.4
- Cream Finance Price Prediction 2027 is $75.1
- Cream Finance Price Prediction 2028 is $103
- Cream Finance Price Prediction 2029 is $150
- Cream Finance Price Prediction 2030 is $222
Will CREAM Reach $1000?
For Cream Finance to reach $1000, it would need to increase by a factor of 50. At $1000, CREAM’s Market Cap will be $1.84 Billion. If Cream Finance were to grow at a rate of 25% each year, it would take about 15 years to reach $1000. Let us evaluate this data
- Quality of Investment- Moderate
- Growth required to reach $1000- Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
- Market Cap at $1000- Feasible
- Time required to reach $1000 if it were to rise at 25% per annum- Partially Feasible
Considering the criteria Quality of Investment, growth required and time required, Cream Finance can reach a price level of $1000. However, it will take time.
Cream Finance Price Prediction: Is CREAM a Good Investment?
C.R.E.A.M Finance is a decentralized financial platform that offers lending services to individuals, institutions, and other protocols in the world of decentralized finance (DeFi). It’s part of the yearn.finance ecosystem and operates on various blockchains, including Ethereum, Binance Smart Chain, Polygon, and Fantom.
C.R.E.A.M. Finance was originally inspired by Compound Finance and was created as a fork of that protocol. It’s designed to be open-source, accessible to anyone, and compatible with different blockchain networks. They also reward users with yield farming incentives to grow their network inclusively.
Features of Cream Finance
- C.R.E.A.M. Finance facilitates liquidity for important DeFi assets through automated market making (AMM).
- Users can borrow and lend supported assets and earn CREAM tokens as liquidity mining rewards by using their supported assets as collateral. In return, the platform collects fees from users for swapping assets, borrowing, and lending.
- The platform’s aim is to list and support tokens that hold significance in the DeFi sector, including major stablecoins like USDT, USDC, BUSD, yCRV, governance tokens such as COMP, BAL, YFI, LEND, CRV, CREAM, and other leading cryptocurrencies like ETH, renBTC, and LINK.
CREAM Token and its utility
CREAM is an ERC20 token on the Ethereum network, which means it can run Ethereum Virtual Machines through smart contracts. Being Cream Finance’s native token, CREAM can be used for various purposes, including:
- CREAM tokens can be used as collateral when borrowing assets on the platform. Users can lock up CREAM tokens to secure loans, enabling them to access liquidity without selling their assets.
- Users who provide liquidity to the platform by supplying assets as collateral or participating in liquidity pools can earn CREAM tokens as rewards. These rewards incentivize users to participate in the ecosystem and contribute to its growth.
- CREAM tokens can be used to pay fees on the platform, such as borrowing fees or trading fees. Holding CREAM tokens may also provide users with discounts on these fees, making it more cost-effective to use the platform’s services.
- CREAM token holders can submit governance proposals to suggest changes or improvements to the platform. If these proposals are approved through the governance process, they can lead to changes in the platform’s functionality or parameters.
- Users can stake their CREAM tokens for a specific period to earn additional rewards. Staking can provide users with a way to earn passive income through the platform.
- CREAM tokens can be used to engage with the C.R.E.A.M. Finance community and participate in discussions, events, and initiatives related to the platform.
Overall, CREAM appears to be a moderate case for investment.
Where Can I Buy CREAM Tokens?
Also Read: Throne Price Prediction
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
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