What is Clover Finance coin? Know CLV token's price prediction

February 11, 2022 09:24 PM AEDT | By Raza Naqvi
 What is Clover Finance coin? Know CLV token's price prediction
Image source: © Yur4you | Megapixl.com
Highlights:
  • Clover Finance is a blockchain operating system and provides a framework compatible with the Ethereum Virtual Machine (EVM).
  • The CLV crypto is the native token of Clover Finance, and it can be used for governance purposes.
  • The surge in the price of the Clover Finance coin could be due to the announcement of its partnership with HyperJump.

The price and volume of Clover Finance (CLV) cryptocurrency has gained massive momentum in the last 24 hours, leaving crypto enthusiasts wondering about the virtual currency.

At the time of writing, the one-day volume of Clover Finance coin had jumped 860 per cent to $332.4 million. Meanwhile, the price was up 20 per cent, and the Clover Finance coin was trading at US$ 0.5163 per token.

Clover Finance coin price prediction

Clover Finance is a blockchain operating system and provides an Ethereum Virtual Machine (EVM) compatible framework and blockchain infrastructure to users.

The protocol can be used for substrate‑based applications, and it was founded in May 2020. Meanwhile, the mainnet of Clover Finance was launched in July last year.

Clover Finance Coin                                                                                      ©2022 Kalkine Media® 

Mainnet is a blockchain that runs its network and performs the function of transferring virtual currencies. The CLV crypto is the native token of Clover Finance, and it can be used for governance purposes.

The holders can use the CLV token to vote on system upgrades of the network and nominate node validators.

The surge in the price of the Clover Finance coin could be due to the announcement of its partnership with HyperJump. It is a play-to-earn and farm-to-earn cross-chain decentralized exchange on Fantom and Binance Smart Chain.

If the Clover Finance coin maintains this momentum, it could experience a further surge in its prices. However, as the cryptocurrency market is highly volatile, anything can happen.

Also Read: Who are alleged crypto launderers Heather Morgan & Ilya Lichtenstein?

Clover Finance announced on Twitter that HyperJump had integrated its multichain wallet to bring a 'decentralized finance (DeFi) verse' experience to the users.

Bottom line

Clover Finance seems to be gaining popularity, and it is expanding through partnerships and tie-ups. Last week, it was reported that Akropolis partnered with Clover Finance by integrating its wallet into its decentralized app.

Clover claims that its wallets support various blockchains like Ehtereum, Polygon, and Solana. Polkadot, and Kusama, among others.

If you are interested in buying the Clover Finance coin, you can purchase it using fiat currencies on top cryptocurrency exchanges like KuCoin, Binance, OKEx, and Gate.io.

Also Read: What is a LEASH coin? All you must know about Doge Killer


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