• Convex Finance (CVX) has seen a surge of 8.82% during the last week and 6.02% in the last 24 hours.
• The long-term outlook for CVX is positive, with an expected price of $21.69 in 2024.
• According to our study, Convex Finance’s average cost in April 2023 will be $11.95 and its highest potential price will be $14.20 in August 2023.
Overview of Convex Finance (CVX)
The price of Convex Finance (CVX) was $6.03 last week and has moved 8.82% during the last week, currently sitting at $6.56 after a 6.02% increase over the last 24 hours. The cryptocurrency market is in a mildly pessimistic mood with CVX having a market capitalization of $489,049,463 and a total circulating supply of $743,365,3833 at the time this article was written. The all-time high for CVX occurred on January 1 2022 when it traded for $60.09
Convex Finance Price Prediction
To make it easier to understand, we have separated the most recent CVX price forecast into short-term and long-term Convex Finance price predictions based on our analysis of past prices behaviour current events and public opinion when this article was written CVX had 9 996 901 USD in trading volume In the last 30 days Convex Finance has increased by 106 4 percent Our study indicates that the average cost of CVX in April 2023 will be 11 95 USD with 12 79 being its highest potential price Additionally based on our study over the long run Convex Finances Price projection for August 2023 indicates that its average will be 13 27 USD with 14 20 as its highest potential price
Is Investing In Convex Fiance A Smart Idea?
According to InvestorsObservers research Convex Fiances risk rating is average This method examines how much money is needed to change the token’s price within 24 hours To assess how much restricted trading can influence a token this metric considers changes made within one hour before publication time
In conclusion investors can expect that The CVX Price could reach 17 51 by February 2023 however there are no guarantees As always it is important to do your own research before investing It seems like investing in Convex finance would be a smart move given its current performance however investors should always exercise caution when making financial decisions