LeverFi Price Prediction 2023-2030: Can LEVER Coin Reach $1?
LeverFi Latest Price
LeverFi Price Performance
|Last 7 Days||+1.3%|
|Last 1 Month||+4.6%|
|Last 12 Months||-36.5%|
|Since Launch (2022)||+2.0%|
Latest LeverFi News
LeverFi highlighted a feature called the “Staking Multiplier,” which allows users to potentially triple their returns by staking their $LEVER tokens. LeverFi provides options for users to stake and unstake their assets, specifically LEVER and xLEVER tokens. The platform displays an estimated Annual Percentage Rate (APR) ranging from 236% to 708% for these activities
Leverfi Price Prediction Today, Tomorrow and Week
- LeverFi Price Prediction in the next 24 hours is between $0.00126 and $0.00149
- LeverFi Price Prediction this week is between $0.00124 and $0.00147
|Overall Outlook||Partially Bullish|
|1. Market's Wisdom||Bullish|
|1a. Market Data||Partially Bullish|
|1b. Technical Recommendation||Buy|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||N/A|
Leverfi Price Prediction 2023-2030, Aggregated
- LeverFi Price Prediction 2023 is $0.00162
- LeverFi Price Prediction 2024 is $0.00302
- LeverFi Price Prediction 2025 is $0.00402
- LeverFi Price Prediction 2026 is $0.00602
- LeverFi Price Prediction 2027 is $0.00702
- LeverFi Price Prediction 2028 is $0.00902
- LeverFi Price Prediction 2029 is $0.0131
- LeverFi Price Prediction 2030 is $0.0199
Can LEVER Coin Reach $1?
For LeverFi to reach $1, it would need to increase by a factor of 545. At $1, LEVER’s Market Cap will be $25.9 Billion. If LeverFi were to grow at a rate of 25% each year, it would take about 48 years to reach $1. Let us evaluate this data
- Quality of Investment- Moderate
- Growth required to reach $1- Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
- Market Cap at $1- Partially Feasible
- Time required to reach $1 if it were to rise at 25% per annum- Not Feasible
Considering the criteria Quality of Investment, growth required, and time required, LEVER token cannot reach $1 shortly. However, it can reach that level at some point in the future in case of favorable market conditions.
LeverFi Price Prediction: Is LEVER a Good Investment?
The LeverFi team aims to create a product that offers value by enabling users to both trade and yield farm simultaneously. Its mission is to act as a bridge between Ethereum and EVM-compatible chains, including BNB Chain, Avalanche, Polygon, Arbitrum, Optimism, and more.
LeverFi, previously known as RAMP DEFI, is a decentralized platform for leverage trading. In March 2022, the team decided to rebrand due to the uncertain nature of the DeFi market. This rebranding is intended to address issues in the current DeFi landscape, such as the lack of sustainable Total Value Locked (TVL) and utility.
It is a platform for leveraged trading using smart contracts, and it’s open for anyone to use. Here’s how it works for different users:
- Traders: People who want to make leveraged trades can deposit assets like BTC, ETH, Curve-LP tokens, Uni-LP tokens, and more. They can trade these assets with up to 10 times the leverage. Their deposited assets are also used in farming to earn additional yields.
- Lenders: Those who have extra funds can lend them to traders by depositing them into Lending Pools. Lenders earn interest from traders who borrow funds to make leveraged trades. The interest rates vary based on how much the assets are being used for trading.
In simple terms, LeverFi allows traders to make leveraged trades and earn yields, while lenders can earn interest by providing funds. The platform handles trades internally and optimizes prices, reducing risk for users.
LeverFi’s Unique Proposition:
- LeverFi integrates trading and farming in one platform.
- It allows users to deposit various assets like Bitcoin, Ethereum, Curve LP tokens, and Uniswap LP tokens.
- The platform combines collateral to enable trading with larger positions.
- It supports pair trading, and leverage hedging, and works with DEX and CEX derivatives.
Advantages of Using LeverFi
- LeverFi offers a distinctive approach to leveraged trading compared to other decentralized platforms.
- Users can deposit various assets like BTC, ETH, stablecoins (USDT, USDC, DAI), and LP assets (Curve-LP, Uni-LP, Sushi-LP) as collateral. These assets are then used to earn yields on platforms like Convex or Aave.
- LeverFi allows users to combine all their collateral into one basket, enabling larger leveraged positions and spreading risk across the entire collateral portfolio.
- The platform supports not only leveraged trading but also advanced strategies like pair trading, hedging, and market-neutral approaches.
- LeverFi can be combined with decentralized (DEX) and centralized (CEX) derivatives such as futures and options for a wide range of trading strategies.
- It offers flexibility and profit opportunities for both new and experienced traders, making leveraged trading accessible to a wider audience.
LEVER Token and its Utility
LEVER is a governance token used for decision-making within LeverFi, but it doesn’t have any inherent value itself. There are a total of 35 billion LEVER tokens. The following are the use cases of LEVER token:
- Locking LEVER: Users can lock their LEVER tokens for periods ranging from 6 to 48 months. In return, they receive xLEVER tokens, and each xLEVER token equals one voting right in governance.
- Voting Power: LEVER tokens provide its holders the governance power via voting.
- Trading Fees Discount: Traders holding xLEVER tokens in their wallets enjoy discounts of 20-60% on trading fees when they use the LeverFi platform.
Overall, LEVER appears to be a moderate to good case (based on its utility and past performance) for investment.
Where Can I Buy LEVER Tokens?
LEVER is now listed on the Bybit Exchange.
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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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