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Highlights
- Clover Finance is a cross-chain decentralised finance (DeFi) bridge, which was launched on 16 July
- The crypto has risen by over 287 per cent since its launch
- Clover’s one-year price prediction is in a range of USD 0.0680 to USD 7.51927 in 2022
Cryptocurrencies have exploded this year. Also, the Bitcoin and other altcoins have increasingly entered into the mainstream.
One such crypto, Clover Finance, is a new cryptocurrency that was launched recently on 16 July. CLV is Clover’s token ticker symbol. The token currency has risen by 287.16 per cent from its listing price of USD 0.4288 till today, indicating a sharp growth.
Clover is an altcoin that functions as a cross-chain decentralised finance (DeFi) bridge. The coin also has a decentralised apps (dApps) layer, an external application (eApp layer) that can be used across blockchains and several other uses for substrate-based apps, thus operating as a multifunction digital currency.
Clover’s (CLV) price performance today
Clover Finance was trading at USD 1.66, down by 1.63 per cent in the past 24 hours, on Monday at 1:34 PM BST.
CLV’s market cap is at USD 213.415 million, and its 24-hour total volume is at USD 54.597 million, up by 43.96 per cent as of 6 September 2021.
Should you buy Clover (CLV)?
Clover’s one-year price forecast is expected to be at around USD 0.0680, according to crypto site Wallet Investor.
However, another crypto data site Digital Coin Price forecasts Clover’s one-year price to be at USD 2.76, whereas digital currency data website Coin Arbitrage Bot forecasts CLV’s price to hover at USD 7.51927 in 2022.
Bottom Line
Clover is currently trading lower by 23.42 per cent from its previous high of USD 2.17. Other than the Wallet Investor’s conservative forecast of USD 0.0680, Clover is projected to surge anywhere between USD 2.76 and USD 7.51927, indicating it can have an upward trend in 2022.
However, due to the crypto market’s high degree of volatility, investors must exercise caution and conduct their own research prior to investing.
