Coin98 (C98) Price Prediction

Deep Dive

1. Ecosystem Integrations (Bullish Impact)

Overview: Coin98 expanded SwapX with 0x Protocol (0x) and Sui Network (Sui), improving cross-chain liquidity. A Concordium ID integration (announcement) also enhances enterprise use cases for privacy-focused transactions.

What this means: Increased utility from multi-chain swaps and institutional-grade identity tools could drive demand for C98 tokens as users pay fees and stake. Historical data shows similar integrations (e.g., Polygon’s 2021 partnerships) boosted native token prices by 20–40% in subsequent weeks.

2. Token Unlocks (Bearish Impact)

Overview: A 5.56M C98 unlock (0.57% of supply) occurred on 23 June 2025. While minor, past unlocks (e.g., June 2024) correlated with 3–7% price dips due to sell pressure.

What this means: Dilution risks persist despite the unlock’s small size. C98’s 90-day price decline (-12.95%) suggests weak accumulation to counter sell-side pressure, requiring sustained buy volume to stabilize prices.

3. Market Sentiment (Mixed Impact)

Overview: The CMC Altcoin Season Index rose 51% in 30 days, signaling capital rotation into alts. However, C98’s 24h turnover (20.1%) reflects thin liquidity, amplifying volatility.

What this means: A bullish altcoin environment could lift C98 if adoption metrics (e.g., SwapX volume) improve. Conversely, low liquidity heightens downside risk if Bitcoin dominance rebounds from 57.38%.

Conclusion

C98’s price hinges on balancing token utility gains against unlock-driven dilution. Watch SwapX’s trading volume post-integrations and monitor C98’s RSI (48.05) for oversold reversal signals. Will rising DeFi activity offset sell-side pressure from unlocks?