Coin98 (C98) Price Prediction

By CMC AI
23 August 2025 01:47PM (UTC+0)

TLDR C98 navigates a crossroads of ecosystem growth and token dynamics.
1. Concordium Integration – Privacy-focused ID app could boost adoption (mixed impact)
2. Altcoin Momentum – Rising rotation into alts may lift C98 (bullish)
3. Token Unlocks – Dilution risks persist despite recent price resilience (bearish)

Deep Dive

1. Concordium ID Partnership (Mixed Impact)

Overview: Coin98 integrated with Concordium’s ZK-powered age-verification app on August 19, 2025, enabling compliant identity checks without exposing user data. The partnership targets EU/UK markets facing stricter online safety laws.

What this means: While this expands Coin98’s enterprise use cases, adoption hinges on Concordium’s traction. Near-term upside may be limited given the niche application, but long-term regulatory alignment could strengthen C98’s utility narrative. (Concordium)

2. Altcoin Season Resurgence (Bullish)

Overview: The CMC Altcoin Season Index surged 18.6% over 30 days to 51/100, signaling capital rotation from Bitcoin. C98’s 30.5% 60-day gain outpaces ETH (+14.3%) and BTC (-1.1%), aligning with rising risk appetite.

What this means: Historical patterns show mid-cap alts like C98 often lead during early alt seasons. Sustained momentum above $0.053 (7-day SMA) could trigger breakout attempts toward $0.066 (127.2% Fib extension).

3. Circulating Supply Pressure (Bearish)

Overview: 999.99M C98 (99.9% of max supply) is already circulating, but vesting schedules continue releasing tokens to teams/advisors. A $244K unlock occurred June 25, 2025, with similar micro-dilution events likely through 2025.

What this means: Full dilution leaves minimal buy-side catalysts from supply scarcity. Price resilience post-unlock (8.9% 24h gain) suggests absorption, but sustained rallies require proportionally higher demand.

Conclusion

C98’s fate balances altseason tailwinds against maxed-out token supply. The Concordium deal and AI security upgrades (launched August 15) may drive incremental utility, but $0.066 remains a stiff technical barrier. Can Coin98’s product velocity outpace its inflationary token model? Monitor the Altcoin Season Index and C98’s burn mechanisms for clues.

CMC AI can make mistakes. Not financial advice.
C98
Coin98C98
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$0.05397

3.7% (1d)