What is Coin98?
The creation of a multichain decentralised finance platform is the goal of Coin98, an all-in-one solution. A group of Asian developers created Coin98 with the intention of satisfying the expanding need of the Defi sector. In order to access several DeFi services in one location, the platform established a gateway bridge for TradFi users. Wallet, Exchange, and cross-bridge are only a few of the products that Platform has developed as a whole.
The initial product of the project, launched in 2020 and seen as crucial to any blockchain network, is the Coin98 Wallet. The wallet from Coin98 is a multi-chain wallet that is constantly connected to the primary DeFi application. More than 22 blockchain networks, including Ethereum, BSC, Polygon, Polkadot, and others, are supported by this wallet. With about 400k active installations and 1 million active addresses, Coin98 Wallet is accessible on Google Chrome, the Apple App Store, and Google Play.
Similar to a wallet, C98 Exchange is a multi-network Decentralized Exchange (DEX) that supports practically all significant blockchain networks. Coin98 Exchange will support Solana, Near, Kusama, Tron, Polkadot, and other developing networks in addition to focusing on ETH, BSC, or other popular blockchains.
Coin98 Price Prediction
|Month & Year||C98 Price Prediction|
|Ticker Symbol||C98 Token|
|Based on||Wallet and Exchange|
|Supported Chain||BSC, Ethereum|
|Wallet||TrustWallet, MetaMask, Coin98|
C98 ICO Overview
|Platform used||Binance LaunchPad|
|Raised by||$3,750,000 USD|
|Date of ICO||23rd July 2021|
|ICO Price||$0.075 USD|
|Partners||HASHED, PARAFI Capital, LinkPad, Kyber Network, MultiCoin Capital.|
C98 Token Price Analysis
Binance will continue measuring BNB balance as of today, and will use that data to determine the maximum C98 that can be distributed to each BNB holder on July 23, 2021. The price of 1 C98 token at launch will be approximately USD 0.075, and many experts predict that after trading begins, the price will rise to USD 0.02 within 5 to 7 days.
An interoperable (multi-Chain) utility token of the Coin98 ecosystem is the C98 coin. It offers a variety of applications, including cross-chain bridges, wallets, and exchanges. Holders of C98 tokens have the opportunity to stake their coins in exchange for staking rewards, in addition to other discounts and bonuses available on the platform. Every token holder in the Governance System is entitled to vote on important developments and choices in the future.
The 20th project to be launched on the Binance Launch Pad, Coin98 has had tremendous success in terms of increasing token holders and raising liquidity, as have the 19 projects that have gone live on the platform before it. Coin98 has been in development since 2018 and was inspired to design an optimal All-in-One deFi solution by their genuine belief in decentralised finance (deFi).
Considering that it is one of the few platforms that supports more than 20 blockchain networks, the Coin98 wallet and exchange could be a game changer. Our testing of the C98 wallet’s functionality revealed that it operates without a hitch and has the potential to compete favourably with MetaMask and TrustWallet. The user is more likely to employ multi-network exchange due to unequal swings in gas prices. If the project manages to accomplish its objectives, c98 exchange will rank among the largest decentralised exchanges.