HomeCryptocurrencyCoin 98 (C98 Coin): Review, Comments and Analysis 2022

Coin 98 (C98 Coin): Review, Comments and Analysis 2022

Coin98 (C98) is designed to be a gateway for numerous blockchains. Coin98 is considered to be an all-in-one DeFi platform that aims to serve the needs of many TradFi users. Various DeFi services are offered across the blockchain. C98 is the utility token that bears the same name as the platform. The token is used to pay service fees. It can also be used on Defi platforms to generate rewards.

C98 can also be used for the governance of the token and for membership rights. Initially, 50,000,000 C98s are to be put into circulation. In the future there should be a maximum of 1,000,000 C98. The exchange Binance launches a launchpad for Coin98. The token sale started on 07/16/2021.

  • You must have a cryptocurrency account to buy C98 coin. Click to sign up for the world’s largest crypto exchange Binance: Binance

Coin98 (C98) Details

Cryptocurrency SymbolC98
Market Cap$86,585,182
Circulating Supply185,000,000 C98
Total Supply1,000,000,000
All Time High$6.42
All Time Low$0.391
Official Websitec98

What Is Coin98 (C98)?

Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming.

To learn more about this project, check out our deep dive of Coin98.

Coin98 aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).

Coin98 Wallet: Allows users to store, send, receive, manage crypto assets and connect to numerous dApps on multiple blockchains. It supports over 40 blockchains such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, etc on both mobile (iOS & android) and Chrome extension versions.

Who Are the Founders of Coin98? (C98)

The platform was co-founded by Thanh Le and Vinh The Nguyen. Thanh Le was a serial entrepreneur and an early investor of ThorChain, Band Protocol, Alpha Finance, and more.

Vinh The Ngyuyen is the co-founder of Kytek Software, a company which helps to review and build applications. Khiem Dang is the CTO, who is also a co-founder of Kytek Software.

Coin98 (C98) Coin Graphic, Chart Analysis

Update: After Big crash of Luna Coin and UST stable coin, The analysis will not make sense for any coin until we see a positivity and some good news in the crypto market. Actually It is not only about crypto market from now on. We may see a lot of lawsuits and cases for stablecoins from now on…

Check out our article about Luna Coin Crash : Luna Coin: What is behind the big crash? almost %98 drop

C98 is attempting to break the main downtrend resistance. Volume isn’t bad, but momentum seems to be lacking. Since that resistance is very strong, there is a possibility that it will bounce back.

As shown on the chart below, C98 coin has been making lower lows so we can just recommend to wait and see a horizontal line and a solid support to buy this coin if you consider for long term.

Our golden rule is “never spend your all money on a coin”.

Consider the war between Ukraine and Russia before buying anything. That can effect crypto market badly. It is also important to follow US technology index for trends since crypto market has been following it recently.

c98-coin-review1

A complete package of numerous product features

The Coin98 platform offers a huge package of products, including the Coin98 Wallet, the Coin98 Exchange and the so-called “Space Gate” (cross-chain bridge). The Coin98 Wallet allows users to send and receive, store and manage crypto assets. In addition, numerous dApps are available to network with multiple blockchains. Over 20 blockchains are supported. These include Ethereum, Binance Smart Chain, Polygon, Solana, Avalanche, Terra and many others. Chrome extension versions are also available and mobile software for iOS and Android.

Coin98 Exchange is a so-called multichain liquidity aggregator that allows users to exchange or invest in crypto at the best rates. Cryptocurrencies can also be lent or borrowed on the Defi platform. A low slippage ensures that profits can be generated quickly. The “Space Gate” is a cross-chain bridge. “Space Gate” enables the transfer or exchange of cryptocurrencies across multiple networks.

It supports token exchange of many different types of tokens. For example, the ERC20 token, the BEP20 token and the SPL token can be listed here. But many other cryptocurrencies can also be exchanged without any effort.

The unique features of the Coin98 platform

The C98 coin’s multi-chain wallet engine allows users to manage different assets at the same time on multiple blockchains with just one passphrase. The so-called “always-connected” experience makes it possible to handle multiple connections with different dApps and DEXs.

Coin98 receives fully automated liquidity from a wide variety of sources. At this point, all known decentralized trading platforms such as Uniswap, PancakeSwap, SushiSwap, Quickswap, MDEX and Pangolin should be mentioned. There is no limit to include other exchanges that can perform automated cryptocurrency transactions. It finds the best ways to make any secure Crtpto exchange in real-time, always ensuring the best price with the cheapest slippage.

The transaction fees on the Coin98 platform are always implemented through an optimized mechanism. Along the way, the user saves time and money on each of their transactions.

The Coin98 ecosystem is a unique interface to the DeFi world, providing DeFi services including wallet, exchange platform, markets, portfolio tracking and the multitude of useful tools. The user-friendly interface guarantees maximum security with PIN code, matrix password, touch ID and FaceID. Users have complete control of their assets along the way.

Where can the Coin98 (C98) token be bought?

The token can be purchased on the largest cryptocurrency exchange “Binance” since July 2021. Getting in early allows for big profits but also carries a risk of loss. Act sensibly.

We recommend buying cryptocurrencies on Binance.com

WHAT IS COIN98 – C98 video explanation

Check out our other altcoin analysis and reviews:

Not Investment Advice

The information provided in this article is intended for general guidance and information purposes only. Contents of this article are under no circumstances intended to be considered as investment, business, legal or tax advice. We do not accept any responsibility for individual decisions made based on this article and we strongly encourage you to do your own research before taking any action. Although best efforts are made to ensure that all information provided herein is accurate and up to date, omissions, errors, or mistakes may occur.
Disclosure: Authors are invested in cryptocurrency projects and have cryptocurrency holdings – including those covered on this website. 

Mehmet S. Kaya
Mehmet S. Kayahttps://teknonel.com
Mehmet is one of the administrator of Teknonel. As a software developer, he loves to share his knowledge in related topics. He is highly familiar with the editorial process from the inception of an article idea, through the iterative process, publishing, and performance analysis as well as product reviews.

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