Coin98 (C98) Research Report

Coin98's Positioning and Significance

Coin98 (C98) is a cross-chain liquidity protocol designed to provide users with seamless access to decentralized finance (DeFi) ecosystems across multiple blockchain networks. As a comprehensive infrastructure solution, Coin98 addresses the fragmentation challenge in the multi-chain landscape by offering an integrated platform that combines wallet services, decentralized exchange functionality, and cross-chain bridge capabilities.

As of December 2025, Coin98 operates as a multi-chain infrastructure provider supporting 22 blockchain networks including Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, and Terra. With a current market capitalization of $22.52 million and a circulating supply of approximately 1 billion C98 tokens, the protocol serves a global community of crypto users seeking unified access to DeFi applications.

This report provides a comprehensive analysis of Coin98's architecture, token utility, market performance, and operational mechanisms.

Origins and Development History

Background and Launch

Coin98 was created to solve the critical problem of multi-chain fragmentation in the cryptocurrency ecosystem. Prior to Coin98's emergence, users faced significant obstacles when attempting to access DeFi opportunities across different blockchain networks—they needed to manage separate wallets, understand complex bridge mechanisms, and navigate distinct user interfaces for each chain.

Recognizing this pain point, the Coin98 team developed an integrated solution designed to simplify cross-chain interactions and provide a unified gateway to decentralized finance. The protocol launched with a vision of becoming the foundational infrastructure for the multi-chain future.

Key Milestones

• 2021: Coin98 protocol launched, introducing the first version of Coin98 Wallet as a non-custodial multi-chain solution.
• Project Funding: Successfully completed two rounds of private fundraising, raising $12.5 million USD. C98 tokens representing 20% of total supply were sold at $0.025 per C98 and $0.075 per C98 in these rounds.
• Product Expansion: Developed and launched Coin98 Exchange as a multi-chain liquidity aggregator and Space Gate as a cross-chain bridge protocol.
• Network Support Growth: Expanded support to encompass 22 blockchain networks, establishing Coin98 as a genuinely multi-chain infrastructure provider.

Under community governance and continuous development, Coin98 has maintained its position as an important infrastructure layer in the multi-chain DeFi ecosystem.

How Coin98 Works?

Multi-Chain Architecture

Coin98 operates as a decentralized protocol built across multiple blockchain networks rather than being confined to a single chain. This architecture allows the protocol to maintain independence from any single blockchain's limitations or governance, while providing users with flexibility to interact with their preferred networks.

The protocol's smart contracts are deployed across supported networks, enabling seamless value transfer and liquidity aggregation across chain boundaries. This distributed approach ensures that no single point of failure can compromise the entire system.

Core Components

Coin98 Wallet

The Coin98 Wallet functions as a non-custodial multi-chain wallet and gateway accessible via mobile applications (iOS and Android) and Chrome browser extension. Key features include:

• Support for 22 blockchain networks
• Asset storage, transfer, and management capabilities
• Direct connectivity to decentralized applications across multiple chains
• Cross-chain value transfer through integrated bridge functionality

Coin98 Exchange

Operating as a multi-chain liquidity aggregator, the Coin98 Exchange provides users with:

• Token swapping with smart order routing for optimal pricing
• Minimized slippage through intelligent liquidity sourcing
• Staking, lending, and borrowing capabilities
• Comprehensive earning mechanisms for cryptocurrency assets

Space Gate (Cross-Chain Bridge)

Space Gate enables value exchange and transfer across multiple networks, supporting token swaps between:

• Ethereum (ERC-20)
• Solana (SPL)
• TRON (TRC-20)
• Binance Smart Chain (BEP-20)
• Avalanche (AVAX C-Chain and X-Chain)

Token Economics and Governance

C98 Token Utility:

C98 functions as the platform's native utility token with multiple use cases:

Ecosystem Development: Transaction fees generated by Coin98 services are directed to a treasury fund. A portion of these fees is reserved for future product development and ecosystem growth initiatives.

staking and Rewards: Treasury fund allocations are distributed to C98 token holders who stake their tokens in exchange for X98, the governance token. The specific distribution mechanism is determined by protocol governance and subject to change based on community decisions.

Governance Participation: Users can stake C98 tokens to obtain X98 and gain voting rights in the governance process. This enables the community to propose and vote on changes to protocol parameters and strategic initiatives.

Tiered Membership Benefits: Holders of different quantities of X98 unlock progressively higher tier membership levels on the platform, providing advantages such as:

• Access to Coin98 Launchpad for early project participation
• Retroactive incentive rewards from strategic partners
• Enhanced platform features and priority support

Security and Trust Mechanisms

Coin98 operates through decentralized smart contracts that execute programmatically without requiring trust in intermediaries. The protocol's security relies on:

Cryptographic Protection: All transactions utilize public-private key cryptography where:

• Private keys serve as unique authorization credentials
• Public keys enable transaction verification and asset ownership confirmation

Decentralized Verification: Multi-chain deployment ensures that no centralized entity controls the protocol. Transaction validation occurs across distributed node networks on each supported blockchain.

Immutable Records: All transactions and state changes are recorded on public blockchains, creating transparent and permanently auditable records that cannot be retroactively altered.

Market Performance Overview

Current Market Data (as of December 20, 2025)

Price Performance Trends

Historical Price Metrics

• All-Time High: $6.42 USD (August 25, 2021)
• All-Time Low: $0.02100917 USD (December 19, 2025)
• 24-Hour High: $0.02276 USD
• 24-Hour Low: $0.02158 USD
• Market Dominance: 0.0007%

Contract Addresses and Trading Access

Supported Blockchain Deployments

Trading and Community

• Official Website: https://www.coin98.com
• Twitter: https://twitter.com/coin98_wallet
• GitHub: https://github.com/coin98
• Available on Gate.com: C98 is tradable on Gate.com, providing secure and efficient access to trading and asset management services.

Conclusion

Coin98 represents an important infrastructure solution for the multi-chain cryptocurrency ecosystem. By providing integrated wallet services, liquidity aggregation, and cross-chain bridging functionality, Coin98 addresses real usability challenges faced by DeFi participants. The C98 token's multi-faceted utility—encompassing ecosystem development, governance, staking rewards, and membership benefits—aligns tokenomics with platform utility and long-term community participation.

As the cryptocurrency landscape continues to mature and multi-chain ecosystems expand, infrastructure protocols like Coin98 that abstract away technical complexity will likely play increasingly important roles in enabling mainstream adoption and seamless user experiences across diverse blockchain networks.

Coin98's Market Performance

Overview

Coin98 (C98) is a cross-chain liquidity protocol offering a comprehensive suite of products including Coin98 Wallet, Coin98 Exchange, and Space Gate bridge. As a multi-chain infrastructure platform, it provides users with a unified gateway to access decentralized finance (DeFi) ecosystems across 22 blockchain networks.

Circulating Supply Overview

As of December 20, 2025, Coin98's circulating supply stands at 999,998,920 C98 tokens, with a total supply of 1,000,000,000 C98 tokens. The token has a fixed supply model with no inflationary mechanism.

The project raised $12.5 million through two rounds of private fundraising, during which 20% of the total C98 token supply was allocated at prices of $0.025/C98 and $0.075/C98 respectively.

Price Volatility

Coin98 reached its all-time high of $6.42 on August 25, 2021, during the peak of the 2021 DeFi and multi-chain narrative boom, driven by increased institutional adoption of cross-chain solutions and the broader cryptocurrency market expansion.

The token's all-time low of $0.02100917 was recorded on December 19, 2025, reflecting the significant market correction from its historical peak. This represents approximately a 99.67% decline from its all-time high, indicating the substantial impact of market cycles, regulatory pressures, and shifting investor sentiment in the cryptocurrency sector.

As of December 20, 2025, C98 is trading at $0.02252, with a 24-hour price change of +1.12%. The token has experienced notable weakness over extended timeframes, declining -14.00% over 7 days and -86.15% over the past year.

Click to view current C98 market price

Market Metrics

• Market Capitalization: $22,520,000 USD (Fully Diluted Valuation)
• 24-Hour Trading Volume: $179,364.21 USD
• Market Dominance: 0.0007%
• Number of Holders: 5,142 addresses
• Listed on: 31 cryptocurrency exchanges

Price Movement Summary

Coin98 (C98) Comprehensive Analysis Report

Executive Summary

Coin98 is a cross-chain liquidity protocol offering a comprehensive suite of products designed to provide users with seamless access to decentralized finance (DeFi) ecosystems. As of December 20, 2025, C98 is trading at $0.02252, with a market capitalization of $22.52 million and a 24-hour trading volume of $179,364.21. The token has experienced significant depreciation, down 86.15% over the past year from its all-time high of $6.42 in August 2021.

Project Overview

Core Architecture

Coin98 is a cross-chain liquidity agreement featuring a full range of products designed to democratize access to decentralized finance. The protocol operates as a one-stop platform for users seeking exposure to various DeFi primitives and blockchain-based applications.

Platform Components

Coin98 Wallet

A non-custodial, multi-chain encrypted wallet and gateway functioning as future multi-chain infrastructure. Key features include:

• Support for 22 blockchains including Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, and Terra
• Available on mobile platforms (iOS and Android) and Chrome extension
• Enables seamless asset storage, transfer, and management across multiple blockchain networks
• Direct integration with numerous decentralized applications (dApps)

Coin98 Exchange

A multi-chain liquidity aggregator providing:

• Token swapping, staking, lending, borrowing, and earning functionalities
• Smart order routing for optimal pricing and minimal slippage
• Cross-chain liquidity access for enhanced trading efficiency

Space Gate (Cross-Chain Bridge)

A cross-chain bridge facilitating value exchange and transfer across multiple networks:

• Supports token swaps between ERC-20, SPL, TRC-20, BEP-20, AVAX C-Chain, and AVAX X-Chain networks
• Enables secure cross-chain value transfer

C98 Token Economics & Utility

Token Specifications

• Symbol: C98
• Total Supply: 1,000,000,000 tokens
• Circulating Supply: 999,998,920 tokens (99.9999% of total supply)
• Contract Addresses:
  • Ethereum (ETH): 0xae12c5930881c53715b369cec7606b70d8eb229f
  • Binance Smart Chain (BSC): 0xaec945e04baf28b135fa7c640f624f8d90f1c3a6
  • VIC: 0x0Fd0288AAAE91eaF935e2eC14b23486f86516c8C

Token Use Cases

Ecosystem Development

C98 revenue generated from transaction fees flows into a treasury fund, with portions allocated for:

• Future product development
• Ecosystem growth initiatives
• Community incentives and partnerships

Staking & Rewards

• C98 holders can stake their tokens to receive X98 governance tokens
• Treasury fund distributions are allocated to staking participants
• Distribution mechanisms are subject to protocol governance changes

Governance

• Users acquire voting rights by staking C98 for X98 tokens
• Governance participation enables community members to propose and vote on protocol parameter changes
• Decision-making authority is distributed across the community

Membership Benefits

Users receive tiered membership rights based on X98 holdings, including:

• Access to Coin98 Launchpad
• Retroactive incentives from strategic partners
• Enhanced platform features and exclusive opportunities

Funding History

Coin98 completed two rounds of private fundraising, accumulating $12.5 million in total capital. Token sales comprised 20% of C98's total supply at the following valuations:

• Initial round: $0.025 per C98
• Subsequent round: $0.075 per C98

Token Performance Analysis

Price Metrics (as of December 20, 2025)

Market Position

• Market Cap Ranking: #818
• Market Capitalization: $22,519,975.68
• Fully Diluted Valuation: $22,520,000.00
• Market Dominance: 0.0007%
• Active Holders: 5,142
• Listed on Exchanges: 31 platforms

Network Support & Cross-Chain Capabilities

Coin98's infrastructure supports integration across 22 distinct blockchain networks, providing users with comprehensive cross-chain liquidity solutions:

• Ethereum (ETH)
• Binance Smart Chain (BSC)
• Solana (SOL)
• Polygon (MATIC)
• Avalanche (AVAX)
• Terra (LUNA)
• And 16 additional networks

This extensive network support positions Coin98 as a significant player in the cross-chain infrastructure space, enabling seamless value transfer and DeFi participation across fragmented blockchain ecosystems.

How to Acquire and Participate in Coin98

Purchase Channels

C98 tokens are available for trading on Gate.com and 30 other cryptocurrency exchanges worldwide. Gate.com offers competitive trading pairs and liquidity for C98 trading.

Engagement Pathways

Wallet Integration

Users can access Coin98 ecosystem features through the native Coin98 Wallet:

• Download from iOS App Store or Google Play Store
• Install Chrome extension for desktop access
• Connect wallet to DeFi protocols and dApps

Governance Participation

• Stake C98 tokens to receive X98 governance tokens
• Vote on protocol parameters and ecosystem decisions
• Participate in community governance through transparent voting mechanisms

Ecosystem Development

• Access Coin98 Launchpad for emerging token opportunities
• Benefit from strategic partner collaborations
• Participate in rewards programs and incentive distributions

Project Resources

Official Channels

• Official Website: https://www.coin98.com
• GitHub Repository: https://github.com/coin98
• X (Twitter) Handle: @coin98_wallet
• Community Engagement: Follow official channels for product updates, governance announcements, and ecosystem developments

Blockchain Explorers

• Ethereum: https://etherscan.io/token/0xae12c5930881c53715b369cec7606b70d8eb229f
• Binance Smart Chain: https://bscscan.com/token/0xaec945e04baf28b135fa7c640f624f8d90f1c3a6
• VIC Chain: https://scan.tomochain.com/address/0x0Fd0288AAAE91eaF935e2eC14b23486f86516c8C

Challenges & Market Considerations

Price Volatility

C98 has experienced substantial price depreciation, trading 86.15% below its 2021 peak. This significant decline reflects broader cryptocurrency market dynamics and the challenges faced by many DeFi projects post-2021 cycle.

Market Competition

The cross-chain infrastructure and multi-chain wallet spaces have become increasingly competitive, with numerous projects and established platforms offering similar functionality. Coin98 must maintain differentiation through superior user experience and feature innovation.

Liquidity Considerations

While C98 maintains listings on 31 exchanges, 24-hour trading volume remains relatively modest at approximately $179,364, which may present challenges for large-scale market entry or exit without significant price impact.

Summary

Coin98 represents a comprehensive cross-chain infrastructure solution addressing fragmentation in the DeFi ecosystem. Through its integrated wallet, exchange aggregator, and cross-chain bridge, the protocol enables users to access decentralized finance opportunities across 22 blockchain networks seamlessly.

The C98 token functions as the ecosystem's native asset, facilitating governance participation, staking rewards, and tiered membership benefits. Despite facing significant price depreciation and market competition, Coin98's technical architecture and multi-chain focus position it as a relevant infrastructure component in the evolving blockchain landscape.

For users interested in cross-chain DeFi exposure and multi-chain asset management, Coin98 offers integrated solutions consolidating wallet functionality, liquidity aggregation, and governance participation within a unified platform. Trading and acquisition of C98 tokens are available through Gate.com and other cryptocurrency exchanges.

Whether as infrastructure exploration or active ecosystem participation, Coin98 warrants consideration within a diversified cryptocurrency portfolio framework.

FAQ

What does C98 do?

C98 is a DeFi protocol that connects multiple blockchain networks, creating a unified ecosystem for decentralized finance. It enables seamless cross-chain transactions and smart contract interactions across different blockchains.

What is the C98 coin used for?

C98 is the native governance token of the Coin98 platform. It enables holders to participate in platform governance decisions and serves as a payment method for accessing various services within the Coin98 ecosystem.

What is the prediction for C98?

Coin98 (C98) is predicted to increase by 5% in the next 30 days, potentially reaching $0.02188. This projection is based on current market trends and technical analysis indicators.

How to withdraw money from Coin98?

To withdraw from Coin98, transfer your cryptocurrencies to an external wallet. Log into your account, select your desired asset, enter the recipient wallet address, confirm the transaction details, and complete the withdrawal process.