You can’t miss out on the Cred (LBA) token when talking about the different and innovative tokens. A regular ERC-20 token that runs on the Ethereum network, Cred is a decentralized network for lending that makes credit available to everyone worldwide.
Cred uses your crypto assets as security to lend you USD, EUR, and other fiat currencies. You can access a secured line of credit without selling your cryptocurrency. With such a sound prospect, Cred has been a great investment seeker. But, is the token worth adding to your portfolio?
Let’s figure out in this detailed blog that explores the price projection for Cred token between 2022–2030. At the conclusion of this review, you’ll have a better idea of what the future holds for the LBA token and its anticipated rise from technical analysis. So, let’s get started.
Table of Contents
Cred (LBA) Crypto Price: At A Glance
|Current Price (As of July 1st week)||$ 0.001|
|All-time High Rate||$0.299893 over 4 years ago.|
Cred (LBA) Token Price: Overview
Cred’s main objective is to make it simple for its users to profit from some of the greatest rates on their cryptocurrency investments. In addition to offering unmatched services in the market, the business has alliances with some of the biggest players. As a result, Cred is making cryptocurrency and the future of finance accessible to everyone, including prestigious media outlets, custodial services, and even an NBA star.
Cred seeks to provide access to finance everywhere, anytime, by providing fiat and cryptocurrency loans guaranteed by digital currency. Through Cred, you can apply for a loan any time of the day or night, and the platform’s AI-based credit evaluation procedure will deliver you instantaneous approval. In addition, discounted interest rates are available if you use at least 1% of Cred’s native token (LBA) as collateral for your loan.
Concerning digital assets like Bitcoin, XRP, and ETH, as well as fiat currencies like the USD and EUR, Cred Crypto offers the most affordable interest rates. Furthermore, you can access your earning potential through one of Cred’s many partners. Great profits with no hidden costs or minimum investment requirements. Moreover, can earn 10% on your digital assets, such as cryptocurrency, fiat currency, and precious metals.
Due to their use of Blockchain technology, Cred Crypto may assist consumers with no minimum requirements and offer round-the-clock customer care. In addition, they provide skilled salespeople with high levels of personalized service and one-on-one attention for clients with high net worth.
Businesses can use their balance sheets or Cred’s credit and earning services to create money, retain customers, cut costs, and get an immediate settlement. Corporations can also deposit their [bitcoin (BTC)] with Cred to receive high-interest rates.
Cred (LBA) Token Price: History & Overview
Lu Hua and Dan Schatt, two former PayPal executives, co-founded CRED in 2017. The business, which was first called Libra Credit, was founded to offer “credit for the real world.” In May 2018, it had a token sale, and more than US$26 million was raised. During the third quarter of 2018, CRED’s desktop platform for crypto-to-crypto/fiat lending went live. Before the year is out, the CRED mobile app is scheduled to be released.
The most recent information indicates that the price of Cred is currently $0.001 across the whole crypto ecosystem. With a market cap of $1,334,410 and a 1,000,000,000 current supply, Cred has a current supply of 990,410,204.8211558. Cred’s price has increased significantly in recent years, along with its trading volume and market size. Cred’s most recent price in US dollars is 0.00135249. With $80,561.53, it is now active on 11 market(s).
As previously mentioned, Cred is a decentralized lending ecosystem built on the Ethereum blockchain that enables open access to credit at any time and anywhere. Unfortunately, Cred is having trouble joining the ranks of other cryptocurrency coins. The LBA has decreased to about -0.85% in the past seven days. Although the coin may have excellent fundamentals, it will take some time to reach its true potential.
LBA’s price dropped by -16.647% over the previous month, deducting an enormous average sum of $0.00032452 from its present worth. Due to the abrupt decline, the coin is currently in a dip, making it a fantastic opportunity to buy for a quick investment. With the highest average price of around $0.003 and a minimum average of around $0.003 during the previous four months, Cred is down by -46.05%.
The token started moving in a rangebound pattern around the price of $0.002, while going up to its maximum average of $0.002, highlighting a change of -34.05%. As said before, Cred reached its all-time high rate of $0.299893 in 2018, and its worth increased by 60%.
The Cred core development team developed the protocol as a mechanism to provide lending and credit services to underbanked or unbanked population groups. The creation and implementation of the Cred protocol, and the expansion of its ecosystem, were carried out by LBA Foundation. Cred seeks to integrate with current Ethereum-based decentralized financial tools as well.
LBA Token: Fundamental Value
The Cred (LBA) token introduces its users to an open, decentralized credit ecosystem developed over the ETH Blockchain. Developed by the Libra Foundation, the Cred ecosystem is meant to introduce a redefined and hassle-free solution to how people facilitate credit access around the globe.
Per the whitepaper offered of the project, there are multiple utilities introduced by its developer (Libra Foundation). Some of these core fundamentals backing the token include:
- Access to partnership networks that bring you access to both crypto and financial markets.
- An in-house AI-based framework that assesses the applicant’s credit via digital credit service. This way, the platform also evaluates borrower’s viability of collateral and credit score.
- An exhaustive credit framework brings multiple frameworks like crypto to crypto, traditional to crypto, and digital assets to conventional currencies.
In addition, the whitepaper for LBA also presents several utilities on the platform, some of which include:
- Membership: The token is leveraged as a payment medium for users to access the platform and apply for different credit options.
- Transactions: The LBA token is used to execute different transactions over the platform. It is primarily used as a fee for transactions.
- Incentives: Besides the membership and transaction options over the platform, LBA is also used to incentivize participants on its platform for their contribution and referral programs.
- Governance: Similar to other tokens, the LBA token allows its holders to participate in determining the governance over the platforms. Investors have access to voting around the development and other aspects that will affect the ecosystem.
Besides these utilities, the token is also for further development, improvement, promotion, and marketing of the platform. These overall utilities of the token ensure a healthy operational structure.
LBA Token Price Forecast
One of the complete insurance plans on the market, including regulatory, E&O, and cyber hacking coverage, is offered by Cred Crypto. Cred collaborates with some of the biggest insurance underwriters in the world as well as Lockton, one of the world’s largest privately held, independent insurance brokerage firms.
As a result, in an effort to provide you with a complete picture of the project, we have divided its profile into two main categories that are on technical and fundamental fronts. So let’s begin:
By September 2, 2022, the value of Cred is expected to increase by 44.42% and reach $ 0.001928, according to our most recent price estimate. Over the past 30 days, Cred has experienced 5.50% price volatility and 17/30 (57%) green days.
According to our prognosis for Cred, this is not the ideal time to purchase Cred. The value of Cred will decrease over the following month, reaching $ 0.001747 on September 27, 2022. By September 27, 2022, it is anticipated to reach $ 0.001484.
Cred presently has a price of $0.001 USD and a market worth of $1,285,439, placing it at position 1390 on the list of the most valuable coins. It is also said that LBA had a 24-hour volume of $38,313. Therefore, Cred’s price value decreased by 3.73% over the last 24 hours.
Investors wouldn’t be a good idea to purchase Cred Crypto now. We don’t think it will be profitable in the short run. However, it is also estimated that the cost will inevitably increase in the coming years.
Note: Although these are only predictions, keep in mind that it’s not easy to predict the future of any crypto asset with 100% accuracy. Furthermore, no technical or fundamental forecasts indicate what will happen during the following few months.
So these technical evaluations aren’t entirely accurate, but they’re meant to help you decide whether to move through with your investments or not. Keep in mind that you are always the last one to call.
LBA Token Price Prediction 2022-30
If you’re looking for Cred price forecasts or predictions for the years 2022 through 2030 and want to know where the price of Cred (LBA) is expected to go, read on. We’ll examine Cred’s (LBA) historical price movements and discover what industry insiders think will happen to its price in the future.
Please keep in mind that you should approach this prognosis and every other prediction with the understanding that it is merely a recommendation from some market analysts. Not to mention that it is challenging to foresee something that precise. But we shall make every effort.
Cred Token Price Prediction for 2022 | Potential ROI: 20%
The LBA price is anticipated to cross an average price level of $0.002 in 2022. Per our in-depth research of the market movements for the token, the projected minimum price value of Cred by the end of the current year should be hovering around the $0.002 mark (per our technical analysis and forecast price of the token). Additionally, if the following months introduce a market fluctuation, the LBA token can trade at a maximum price of $0.002.
On the contrary, the lowest price for Cred is anticipated to reach the $0.001 mark in September 2022. Following this, the token is expected to perform under stead market conditions, touching at least $0.001 in 2022, and the LBA Price might reach a maximum level of $0.002 with an average projected price of $0.001. With an average trading price of $0.002 until 2022, the LBA price might go as high as $0.002.
Overall, we expect the token to trade between a maximum and minimum price range between $0.002 – $0.001 for November, while a minimum price of $0.002 is expected for December 2022, according to predictions for the price of Cred. We expect the token to present an average trading price of $0.002 until 2022, the LBA price might go as high as $0.002.
Cred Token Price Prediction for 2023 | Potential ROI: 35%
2023 is expected to be a year of change for the crypto markets. Following a long bullish run, we expect the market to show some corrections for this year. Talking of the Cred token, we expect the active collaborations and all the upgrades around its framework to increase further the acceptance and collaborations between other significant blockchain networks.
With all of the market movements in action, the expected price of Cred will show a bullish run, reaching up to $0.003 by year’s end. If the token continues to move at the expected pace, we can anticipate the coin to move at an expected average of $0.002 and a maximum of $0.003 by 2023.
Cred Token Price Prediction for 2024 | Potential ROI: 89%
2024 is to be no different than 2023. We expect the crypto market to introduce many changes to how it’s been performing over the years and include a new and better understanding of the project. By 2024, we also expect the Cred token to take over the features and functionality of the current lending system and be the face of credit systems.
If the token attracts necessary investments and moves per the suggested market conditions, the LBA token is expected to reach a price tag of around $0.004 by 2024. In addition, the token is expected to be utilized by multiple financial institutions if it continues to update and attract new traders with its fundamentals. As a result, it can move to an average price of $0.003 for 2024. Besides, the LBA token also has the potential to increase its price if there’s another positive movement before 2024.
Cred Token Price Prediction for 2025 | Potential ROI: 135%
Basic analysis is crucial for predicting long-term Cred price movements. There are a few advantages for the industry that the native token provides. The independence of the digital economy makes it ideal. Not to forget, 2025 would mark the presence of crypto markets for over a decade and we expect a completely re-defined crypto ecosystem running the operations.
Besides, with the LBA token already present for years, we expect the platform to provide a competitive payment gateway, storage alternatives, and logistics as the coin grows. With the increasing popularity, there is a probability that the average price of LBA may increase to roughly $0.005 by 2025. With a minimum price of $0.005 and a maximum price of $0.006, 2025 can end with either price.
Cred Token Price Prediction for 2030 | Potential ROI: 210%
2030 is expected to be the new age of crypto tokens. There are indications that a new era is coming for the cryptocurrency sector. This year would play a crucial role in the existence of an alternate economy, as by then, many tokens would already reach their prime.
Besides, since there is still hope that the currency will garner much more attention, the long-term price estimate for LBA will certainly skyrocket. The token is said to revolve around an average market price of $0.032 and a minimum price value of $0.031, the year 2030 may come to an end. The highest price is anticipated to trade at $0.037.
Reading several price predictions can be confusing. To help you understand better, here’s an overview of the different price movements over the LBA token, categorized into buying or selling signals.
|Type Of Run||Bearish||Bearish||Bearish||Bullish||Bullish|
|Singal||Buy||Strong Buy||Buy||Strong Buy||Sell / Buy|
Cred has innovated the credit line used by businesses. The coin has received approval from numerous regulators. In addition to the strong fundamentals, the token is backed by a group of developers working hard to introduce new updates over the platform.
Note: It’s almost impossible to forecast the LBA token’s future correctly. We are limited to performing a technical analysis of Cred Crypto using historical price data and a forecast for Cred using several methods.
How To Read And Predict Cred Token Price Movements?
Now that you’ve read about the Cred token, you’re already interested in investing in this project. But the question is, how do you conduct your analysis with the token?
The answer is candlestick charts. Most traders use these charts because they offer more information than a straightforward line chart. Traders can view the candlesticks that represent the price movement of Cred at various graphs.
For instance, you could choose a 5-minute candlestick chart to see the price movement in the short term or a weekly candlestick chart to see long-term trends. The most common candlestick charts are those for one hour, four hours, and one day.
Every section of the chart (divided into seconds, minutes, and hours) is separated into “candles” that provide us with data on Cred’s price movement across periods of one hour. Each candlestick will show the starting and closing prices for LBA and the highest and lowest prices that Cred experienced during a single hour.
In addition, you should also consider the color of the candle. For example, a green candle indicates that the closing price was more significant than the opening price, while a red candle indicates the opposite. Instead of using colors to illustrate the same idea, some charts will employ candlestick bodies that are hollow or filled. Remember, brief research is half the investment done.
Cred (LBA) currently trades at $0.001 and has a $1,340,078.000 market cap. At the end of 2022, the LBA price is anticipated to increase to a maximum of $0.002. By the end of this year, Cred (LBA)’s average price could reach $0.002. The coin should easily pass the $0.007 threshold if we extrapolate the five-year plan.
Cred’s value is anticipated to climb further because scarcity often increases prices. However, please be aware that every investment carries some risk. Before making any decisions, invest in the tokens you’ve researched properly.
Cred has a remarkable potential to soar to new heights in terms of pricing. As a result, the value of LBA is anticipated to rise. According to certain specialists and business professionals, Cred’s price may reach a peak of $0.052 by 2030.
In order to make an informed investment choice about Cred on your own, you should research Cred as thoroughly as possible from all of the sources of information that are currently available. Cred is currently valued at $0.001331, but because cryptocurrencies are high-risk investments, the price is subject to both ups and downs.
Is Cred a Good Investment?
Numerous traders and industry professionals agree that Cred cryptocurrency has long been the finest investment. Therefore, it is rather shocking that Cred's value is rising. As a result, it is assumed that the investment will probably produce the best return.
How much will Cred be worth in 2025?
As was previously mentioned, many analysts and platforms predict that the price of Cred will increase over the next five years, surpassing the $0.008 threshold by the end of 2025. However, the price seems inflated. You'll never know, even though the price might seem excessive. LBA and cryptocurrencies have high volatility and can change course anytime.
How much will Cred be worth in 10 Years?
There is a far higher likelihood that Cred will rise to $0.049 in the next ten years. The value of 1 Cred can fluctuate between 0.047 and $0.054 throughout the next 9 to 10 years.