With the new bull run in action in 2024, the crypto market is racing at a high speed to recover lost levels. Driving a new trend of evolution in the DeFi space, the crypto market has experienced immense developments across NFTs and the Gaming sector. The recent expansion in blockchain gaming has led a majority of the NFT creators and institutional traders to purchase space in Metaverse.
Amidst such conditions, Chromia comes a strong candidate in this sector as a potential top performer in 2024. In this bull market, the CHR price could reach the $5 mark as the demand grows. Read our CHR price prediction now to find out if the buyers can pulloff a trend reversal in Chromia.
The growing interest in metaverse-based projects has driven a massive cash-inflow in the sector. One of the projects which have seen sustainable growth post the trend reversal to Meta was Chromia (CHR). With the market now being in the dip, are you interested in buying some CHR at the lows, but perplexed of its returns? Worry not, as this write-up will cover the price predictions for 2024 and beyond.
| Cryptocurrency | Chromia |
| Token | CHR |
| Price | $ 0.10360704 |
| Market cap | $ 87,198,988.3890 |
| Circulating Supply | 841,631,914.3782 |
| Trading Volume | $ 9,991,641.3644 |
| All-time high | $ N/A |
| All-time low | $ N/A |
| 24 High | Coming soon |
| 24 Low | Coming Soon |
*The statistics are from press time.
With a bearish expanding channel in the daily chart, the CHR price trend shows a bull cycle, taking a step back from the resistance trendline.
Breaking under the 50D EMA, the CHR price hangs at the $0.20 mark. In case of a broader market recovery leading to a breakout run, the altcoin can reach the $0.45 mark. On the flip side, the $0.145 support remains a strong level of demand.
| Month | Potential Low | Average Price | Potential High |
| September | $0.3805 | $0.5579 | $0.7441 |
If evolution in the metaverse space captivates the traction of a massive user base. And if it brings significant development in contemplation of Metaverse gaming. It has the potential to reach a maximum of $0.7441 by the year’s end. With average buy and sell pressures, the CHR price would trade at $0.5579 by the year’s end. On the flip side, the price could plummet to $0.3805.
| Year | Potential Low | Average Price | Potential High |
| 2024 | $0.3805 | $0.5579 | $0.7441 |
As the Metaspace continues to evolve, the network will certainly plan for its expansion. Where the currency may face regulatory compliance across different countries, this may result in a pullback to $0.6536. If the altcoin manages to pass all the incoming hurdles significantly, the price could surge up to $1.2244. Consequently, a balance in trade activities could result in an average price of $0.9374.
| Year | Potential Low | Average Price | Potential High |
| 2025 | $0.6536 | $0.9374 | $1.2244 |
| Year | Potential Low | Average Price | Potential High |
|---|---|---|---|
| 2026 | $0.7843 | $1.1718 | $1.5917 |
| 2027 | $0.9150 | $1.4061 | $1.9590 |
| 2028 | $1.0458 | $1.6405 | $2.3264 |
| 2029 | $1.1765 | $1.8748 | $2.6937 |
| 2030 | $1.3072 | $2.1092 | $3.0610 |
The potential price for the asset ranges from $0.7843 to $1.5917, with an average price of $1.1718
The projected prices vary between $0.9150 and $1.9590, with an average of $1.4061
Estimates suggest prices to fluctuate between $1.0458 and $2.3264, with an average of $1.6405
Anticipated prices range from $1.1765 to $2.6937, with an average price of $1.8748
Projections indicate prices ranging from $1.3072 to $3.0610, with an average of $2.1092
| Source | 2024 Prediction | 2025 Prediction |
|---|---|---|
| Wallet Investor | $0.269 | $0.35 |
| Digital Coin Price | $0.18 | $0.64 |
| Gov.Capital | $0.46 | $3.0532 |
Click here to read our price prediction of Waves (WAVES)!
Chromia is an open-source public blockchain platform. Which unveils the potential to build decentralized finance applications in the physical world for a future-ready technology. The platform has its own native token called CHR. Which was built to support the Chromia blockchain and instigate a favourable relationship between developers, investors, and traders.
The protocol could be used by dApps as payment of hosting fees. Further, the platform’s primary currency would be also used for staking purposes. The Chromia is built on a relational blockchain which comprises of relational database and blockchain. The relational database supports users’ social networks and the web. In addition, these databases are spread everywhere across the majority of the enterprises.
Chromia is a blockchain platform that combines relational databases with blockchain technology to improve the development of decentralized applications (dApps). The platform aims to support a variety of applications, including games, data management, and decentralized finance, promoting a more robust and interactive user experience. Company Details Native Token: CHR Founders: Henrik Hjelte, Or Perelman, Alex Mizrahi Founded: 2018 Headquarters: Norrmalm, Stockholms Lan, Sweden CEO: Henrik Hjelte Key Features: It works with other blockchains, enabling easy token and data transfers. Built on relation database architecture that allows complex data management and makes it easier for developers to build apps. CHR is its native token used for staking, transaction fees, and governance within the network. FAQs 1. Who founded Chromia? Henrik Hjelte, Or Perelman, and Alex Mizrahi 2. When was Chromia founded? 2018 3. Who is the CEO of Chromia? Henrik Hjelte 4. What is the CHR token used for? CHR is Chromia's native token used for staking, transaction fees, and governance.
chromia
All three co-founders have been dedicatedly working on enabling support for enterprises, governments, and institutional investors. And hold creative working for the team spread all over the world. The platform has deployed a consensus system built on PBFT. Besides, the launch of Rell 0.7 continues to evolve with each passing day.
The platform’s Post chain 3 release featured an advanced transaction scheme (GTX) along with a value serialization model (GTV). In addition, the team is dedicatedly working on post chain synchronization system overhaul, Block hooks. And Ethereum Layer-2 base subsystem to release in the short term.
As a whole Chromia ecosystem has been a layer-1 and layer-2 blockchain solution provider. Under rapid maturation, with a core goal of delivering well-built features, data handling, and storage capabilities to DeFi applications.
Chromia is one of the young and promising metaverse tokens. According to Coinpedia’s formulated Chromia price prediction, it may smash $0.38 by the end of 2024. On the downside, market fluctuations and uncertain global conditions, even failure of upgrades can be a possible setback for the altcoin. And thereby the Chromia price may struggle to consolidate around $0.7441 by the year-end.
| Year | Potential Low | Average Price | Potential High |
| 2024 | $0.3805 | $0.5579 | $0.7441 |
To read our price prediction of Origin Protocol (OGN) click here!
Yes, if you are planning for the long term Chromia looks promising in the metaverse space. As the platform might come up with new collaborations.
Chromia can be traded on various exchanges like Binance, Bybit, OKEx, Huobi, and many more.
Chromia has the potential to be a profitable short-term investment. As the Metaverse space has been taking up another step to revolutionize the gaming sector.
The altcoin might surge to a maximum of $0.7741 by the end of 2024.
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