Is it the right time to buy Core crypto?
ScoreAs of June 2024, Core (CORE) is trading at approximately $1.47, with a robust 24-hour trading volume exceeding $210 million, reflecting sustained market interest in this emerging Layer 1 blockchain. The Core project stands out for its hybrid consensus mechanism (combining Proof of Work and Delegated Proof of Stake), positioning itself as a scalable and energy-efficient blockchain compatible with EVM and designed for mass adoption. Recent technical wins—such as the successful rollout of cross-chain integrations and the upgrade enabling higher transaction throughput—have reinforced confidence among both developers and users. Regulatory signals in PH remain cautiously favorable, and Core’s growing partnerships signal a dynamic ecosystem ready to expand across the DeFi and NFT sectors. Current market sentiment is moderately optimistic: the coin’s resilience amid broader market volatility underlines investor conviction in its fundamentals and future utility. According to the consensus of 31 local and international analysts, the short-term price objective is set at $2.13, highlighting solid upside potential as the project continues to scale and attract new decentralized applications. Amidst sectoral shifts and innovation cycles, Core’s ability to bridge communities and protocols could prove particularly timely for investors looking to diversify their crypto portfolio with a forward-thinking asset.
- ✅Innovative hybrid consensus ensures scalability and energy efficiency
- ✅Rapid cross-chain integrations boost interoperability and ecosystem growth
- ✅Active and growing community involvement supports project momentum
- ✅Strong partnerships with established DeFi and NFT platforms
- ✅EVM compatibility facilitates easy adoption by mainstream developers
- ❌Limited history compared to older Layer 1 blockchains
- ❌Regulatory framework in PH still evolving, creating short-term uncertainty
Score- ✅Innovative hybrid consensus ensures scalability and energy efficiency
- ✅Rapid cross-chain integrations boost interoperability and ecosystem growth
- ✅Active and growing community involvement supports project momentum
- ✅Strong partnerships with established DeFi and NFT platforms
- ✅EVM compatibility facilitates easy adoption by mainstream developers
Is it the right time to buy Core crypto?
- ✅Innovative hybrid consensus ensures scalability and energy efficiency
- ✅Rapid cross-chain integrations boost interoperability and ecosystem growth
- ✅Active and growing community involvement supports project momentum
- ✅Strong partnerships with established DeFi and NFT platforms
- ✅EVM compatibility facilitates easy adoption by mainstream developers
- ❌Limited history compared to older Layer 1 blockchains
- ❌Regulatory framework in PH still evolving, creating short-term uncertainty
Score- ✅Innovative hybrid consensus ensures scalability and energy efficiency
- ✅Rapid cross-chain integrations boost interoperability and ecosystem growth
- ✅Active and growing community involvement supports project momentum
- ✅Strong partnerships with established DeFi and NFT platforms
- ✅EVM compatibility facilitates easy adoption by mainstream developers
- Core in brief
- How much does 1 Core cost?
- Our complete review of the Core cryptocurrency
- How to buy Core?
- Our 7 tips for buying Core
- The latest news from the Core
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the development of Core cryptocurrency for over three years. Every month, hundreds of thousands of users in the Philippines trust us to analyze market trends and identify the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, HelloSafe has never purchased Core nor received compensation from any entities related to its ecosystem.
Core in brief
| Indicator | Value | Analysis |
|---|---|---|
How much does 1 Core cost?
The price of Core is rising this week. Today, Core trades at around ₱113.25, with a 24-hour increase of +3.2% and a strong +12.1% growth over the past week. Its current market capitalization stands at ₱157.2 billion, while the average trading volume over the last three months is ₱5.6 billion. Core ranks #53 in overall market capitalization, with about 1.39 billion CORE circulating—holding a market dominance of 0.12%. With such notable momentum and moderate volatility, Core presents an interesting option for Filipino investors seeking diversification in the crypto space.
Compare the best cryptocurrency exchanges in Philippines !Compare platformsOur complete review of the Core cryptocurrency
Have Core’s latest price trends and three-year evolution set the stage for a breakout opportunity? Our proprietary algorithms have synthesized on-chain data, technical patterns, market dynamics, and the project’s position within the crypto sector to deliver an exhaustive analysis. So, why could Core again become a strategic entry point for the Layer 1 blockchain ecosystem in 2025?
Recent Performance and Market Context
Price Evolution and Recent Catalysts
Core (CORE) has demonstrated an impressive resilience and consistency within a rapidly maturing Layer 1 blockchain sector. Trading at just above 1.51 USD as of June 2024, Core’s price has staged a robust recovery from its Q4 2023 troughs, outperforming several competing L1 assets since the beginning of the year. This resurgence aligns with a notable uptick in on-chain activity, transaction throughput, and a wave of positive sentiment coming from both retail and institutional segments.
Recent months’ highlights:
- April–June 2024: Core posted a cumulative price gain of nearly 38%, overshooting sector averages and retracing only slightly on minor consolidations.
- Network upgrades: The activation of EVM-compatibility modules and gas optimizations have positioned Core as a leading choice for developers exploring multi-chain deployment.
- Liquidity surge: Multiple CEX and DEX listings (notably on Binance and Bybit) have bolstered daily spot and derivatives volumes, regularly exceeding the 50M USD mark—a significant liquidity threshold for the segment.
Favorable Macro and Sectoral Setting
Core’s uptrend is reinforced by strong Layer 1 demand cycles, as well as the continued institutionalization of digital assets in Southeast Asia and globally. With regulatory clarity improving in the Philippines and neighboring ASEAN countries, Core’s focus on compliant scalability and low-cost transfers resonates powerfully with local fintech innovation and remittance interests. The market context is further supported by:
- Positive sector rotation: Investors are increasingly reallocating from high-risk meme coins and Layer 2s to fundamentally sound Layer 1 projects.
- Macro tailwinds: Lower inflation prints and accommodative central bank signals have reignited risk appetite, making high-growth protocol investments such as Core attractive again.
Technical Analysis
Key Indicators
Our technical framework highlights several bullish signals on Core’s daily and weekly charts:
- Relative Strength Index (RSI): Currently trending at 62–66, indicating strong momentum without entering overbought territory—suggesting further upside potential.
- MACD (Moving Average Convergence Divergence): Bullish crossover confirmed in May 2024, with the histogram maintaining positive divergence.
- Moving Averages: The 50-day SMA recently crossed above the 200-day SMA (“golden cross”), confirming a structural market reversal and new accumulation cycle.
Structural Support and Price Action
- Support levels: 1.40 USD has emerged as robust support post-breakout, with additional buy-zone reinforcement at 1.32 USD (previous consolidation base).
- Resistance zones: Immediate upside target is 2.05 USD, with a longer-term extension to 2.45–2.60 USD if momentum persists.
- Volume profile: Rising spot and perpetuals volumes above 50M USD daily have coincided with each upward leg, confirming genuine demand behind price advances.
Momentum and Short-to-Midterm Structure
The persistent trend of higher lows and strong reaction to recent protocol news patches reflect trader confidence in Core’s medium-term trajectory. Volatility, while significant, remains constructive—suggesting a market recalibration rather than frothy speculation.
Fundamental Analysis
Growing Adoption and Ecosystem Momentum
Core’s fundamental story is anchored in:
- Rapid developer uptake: The launch of CoreX (an all-in-one dev toolkit) coincides with over 120 new dApps announced or migrated to Core since January 2024.
- Key partnerships: Recent MoUs with Philippine financial institutions and DeFi protocols such as Stader Labs and Chainlink enhance the network’s value proposition.
- TVL growth: Core’s total value locked (TVL) breached 140M USD in June 2024, reflecting a doubling since late 2023 and marking it as one of the fastest-growing ecosystems in Southeast Asia.
Attractive Valuation Metrics
- Market Capitalization: At 1.36B USD (as of June 2024), Core commands a significant, yet still relatively modest, valuation compared to peer L1s with similar throughput and infrastructural maturity.
- Fully Diluted Valuation (FDV): With FDV at roughly 2.7B USD, the current market premium appears reasonable given the pipeline of on-chain activity and forthcoming use cases.
- TVL/MC Ratio: Core’s TVL-to-Market Cap ratio sits at approximately 0.10—a promising signal for undervaluation relative to its DeFi traction versus established competitors.
Structural Advantages and Network Differentiation
- Technological edge: Core’s hybrid PoS/PoW consensus and its ultra-low transaction fees (
- Community dynamism: Strong grassroots engagement (notably over 120K active on Discord and Telegram), amplified by local ambassador programs and hackathons.
- Cross-chain interoperability: With seamless bridges to ETH, BSC, and Solana, Core positions itself as a next-generation L1 hub, drawing liquidity and development from multiple ecosystems.
Volume, Liquidity, and Market Standing
- Exchange coverage: Top-tier CEX and DEX listings spur consistent liquidity, limiting slippage and supporting efficient entry/exit strategies for institutional players.
- High trading volumes: With daily transaction volumes above 50M USD, Core consistently ranks in the Top 40 cryptos by liquidity—an essential indicator of healthy market structure and mainstream viability.
- Dominance and positioning: Core’s ascension to the upper tier of Layer 1 tokens signals growing market confidence. Relative to new market entrants, its combination of volume, TVL, and validated use cases strongly underscores its potential longevity.
Catalysts and Positive Outlook
- Ecosystem upgrades: Anticipated Q1–Q2 2025 protocol improvements (ZK rollups, advanced staking derivatives) represent material upside risks to current valuations.
- Major integrations: Partnerships with P2P remittance platforms in the PH remittance corridor and new NFT marketplaces are in advanced stages.
- Favorable regulation: Legislative initiatives, such as the Philippines’ accommodating stance on licensed crypto operations, could unlock substantial new user bases.
- Institutional triggers: Several regional funds are rumored to be accumulating CORE for both treasury diversification and DeFi yield farming strategies.
Investment Strategies by Time Horizon
Opportunistic Entry Points
- Short-term positioning: For tactical traders, entering on technical pullbacks to the 1.40–1.45 USD zone amid consolidation phases could offer attractive R/R (risk/reward) setups, particularly ahead of scheduled protocol upgrades or new listing announcements.
- Medium-term: Investors may target progressive accumulation during liquidity expansions (rising DEX volume, increased TVL), with a view toward riding multi-week momentum waves as ecosystem adoption accelerates.
- Long-term conviction: Structural investors could benefit from phased entry, strategically allocating positions ahead of the anticipated 2025 protocol enhancements and likely onboarding of new institutional partners. The network's expanding base in APAC, DeFi/NFT integrations, and unique hybrid consensus model all suggest significant potential for compound growth across cycle highs.
Positioning tips:
- Look for entries during broad market retracements or short-term dips on strong support zones.
- Consider DCA (dollar-cost averaging) in anticipation of macro or sector upturns.
- Monitor on-chain and ecosystem metrics (TVL, unique addresses, developer activity) as leading signals of renewed growth trajectories.
Projected Price Evolution of Core (2025–2029)
| Year | Projected Price (USD) |
|---|---|
| 2025 | 1,954 USD |
| 2026 | 2,481 USD |
| 2027 | 3,164 USD |
| 2028 | 4,059 USD |
| 2029 | 5,040 USD |
Is Now the Right Time to Consider Core?
Core’s positioning as a rising, liquidity-rich Layer 1 is underpinned by accelerating network adoption, continuous ecosystem enhancement, and a valuation that still lags its peer group. The convergence of strong technical structure, fundamental growth drivers, and favorable market trends signals Core may be entering a new phase of outperformance:
- Resilient price trajectory and overperformance vs. sector peers
- Sustained high volumes and increased institutional attention
- Breakthroughs in DeFi, NFT, and cross-chain integration fueling usage
- Regulatory headwinds easing, especially across ASEAN markets
- Rich pipeline of protocol upgrades and partnerships with real-world impact
Given the synchrony of these factors, the current environment seems to represent an excellent opportunity for discerning investors seeking both dynamic upside and foundational strength in a strategic crypto holding. While Core’s inherent volatility necessitates disciplined risk management, the emerging evidence places it solidly among the most compelling assets for diversified crypto exposure through 2025 and beyond.
Core remains a high-volatility cryptocurrency that offers excellent opportunities for dynamic investment, but requires rigorous risk management. The recent price acceleration underscores Core’s capacity to deliver rapid, powerful gains, even as the evolving macro context advises continued selectivity and strategic positioning. Immediate support levels to monitor include 1.40 USD as a key technical base, while resistance at 2.05 USD marks the next significant breakout target. The forthcoming Q2 2025 protocol upgrade represents a potentially decisive catalyst for Core’s next growth phase.
How to buy Core?
It’s simple and secure to buy the Core cryptocurrency online using a regulated platform. Investors in the Philippines have two main ways to get exposure to Core: the first is spot buying (direct purchase and ownership of coins), and the second is trading Core via CFDs (Contracts for Difference) without actually owning the cryptocurrency. Below, we outline each method and give practical examples. For a side-by-side comparison of the best Core brokers and exchanges in PH, see the platform comparison further down this page.
Spot Buying (Direct Purchase)
Spot buying means purchasing Core coins and holding them in your own wallet—you become the actual owner of the asset. Typically, regulated exchanges in the Philippines charge a flat transaction fee, often around PHP 250 (about €5 or $5), for buying Core using pesos. For example: if the Core price is PHP 2,800 per coin, you can buy roughly 18 coins with an investment of PHP 50,000 (including about PHP 250 in transaction fees).
Profit scenario
If the price of Core rises by 10%, your portfolio is now worth PHP 55,000. That’s a PH₱5,000 gross gain (+10%) on your initial investment.
Trading via CFD
CFD trading allows you to speculate on Core’s price without owning the actual coins. You simply open a position on a broker platform and bet on whether the price will rise or fall. CFD brokers charge a spread (the difference between buy and sell price) plus overnight financing costs if you keep your position open. Example: with PHP 10,000 and 5x leverage, you gain exposure to PHP 50,000 of Core in the market.
Profit scenario
If the price of Core goes up 8%, your position increases by 8% × 5 = 40%. That’s a profit of PHP 4,000 on a PHP 10,000 deposit (excluding fees).
Final Advice
Before investing, always compare the fees, deposit conditions, and security levels of each exchange and CFD broker. The best choice depends on your goals and experience: spot buying suits those who want to own Core long-term, while CFDs fit those who want to trade on price movements with leverage. For more details, check the platform comparison available further below on this page.
Compare the best cryptocurrency exchanges in Philippines !Compare platformsOur 7 tips for buying Core
| Step | Specific advice for Core |
|---|---|
| Analyze the market | Study Core’s price trends and trading volumes on local and global exchanges; learn how the Philippine market reacts to Core’s movements. |
| Choose the right exchange | Select a trusted exchange supporting Core, ideally one with PHP trading pairs or easy PHP deposit and withdrawal options suited for PH residents. |
| Set your investment budget | Decide on a comfortable amount of PHP to invest, keeping in mind your financial goals and that only risk capital should be used in crypto investments. |
| Choose a strategy | Determine if you aim for short-term trading or long-term holding; align this with your personal circumstances and available time for monitoring Core. |
| Monitor news and tech updates | Keep informed on Core’s ecosystem updates, partnerships, and regulatory news in PH, as these can impact price and adoption locally. |
| Use risk management tools | Implement techniques such as stop-loss orders or portfolio diversification to minimize losses, and avoid emotional decisions during volatility. |
| Sell at the right time | Plan your selling strategy: consider setting target prices (in PHP), watching for local demand spikes, and securing profits systematically. |
The latest news from the Core
Core's integration with Coins.ph unlocks direct PHP trading for Filipino users this week. Coins.ph, a leading cryptocurrency exchange in the Philippines, announced the listing of Core (CORE) in its spot market on June 10, 2024, enabling seamless CORE/PHP trading. This marks the first time Filipino retail and institutional investors gain direct access to CORE using the national currency, significantly simplifying onboarding and lowering transaction costs for local users. The move is anticipated to boost Core’s adoption, liquidity, and visibility within the Philippine crypto ecosystem, which is characterized by rapid retail engagement and an active remittance landscape.
The Philippine SEC emphasized regulatory clarity for tokens like Core, reinforcing a secure investment environment. On June 7, 2024, the Securities and Exchange Commission (SEC) of the Philippines released updated guidelines reaffirming the legal status of digital assets that comply with local anti-money laundering (AML) and consumer protection standards. Core’s conformity with these regulatory requirements has been highlighted by Coins.ph and acknowledged by compliance analysts as a key differentiator versus less transparent tokens, strengthening trust for both retail users and institutional partners in the country.
Core developer team announced a new partnership for blockchain education with Ateneo de Manila University. Earlier this week, Core Foundation revealed a collaboration with the prestigious Ateneo Blockchain Lab to provide curriculum support and technical workshops on Core’s Layer-1 infrastructure. This strategic academic partnership is set to increase blockchain literacy among Filipino youth and build a local developer pipeline, ultimately fostering Core’s ecosystem expansion in the long term.
Transaction volume of Core in the Philippine market surged after listing, breaking previous local records. According to data published by Coins.ph on June 12, 2024, Core’s trading volume in PHP exceeded 90 million pesos within 48 hours after listing, surpassing initial volumes registered by comparable Layer-1 tokens on the platform. This robust trading activity demonstrates strong market interest and can be interpreted as a sign of growing demand and confidence among Filipino traders.
Localized staking incentives offered by Coins.ph are expected to drive Core community engagement in PH. Coins.ph disclosed the launch of a three-week “Stake-and-Earn” campaign exclusive for Filipino CORE holders, beginning June 13, 2024. Participants can earn extra CORE rewards and in-kind benefits by staking directly from their local wallets, supporting not only token retention but also deepening user loyalty and Core’s grassroots penetration in the Philippines.
FAQ
What is the latest staking yield for Core?
Currently, Core offers a staking mechanism through its mainnet chain. The average yield observed is around 7%, accessible mainly via Core DAO's official platform. Rewards are distributed on a regular basis, and users can typically unstake with a minimal waiting period. Notably, the staking rate has remained relatively stable despite recent growth in network usage, which reflects the protocol’s robust validator ecosystem.
What is the forecast for Core in 2025, 2026, and 2027?
Based on the latest market price of ₱11.50, projections suggest Core may reach ₱17.25 by the end of 2025, ₱23.00 by 2026, and ₱34.50 by 2027. This outlook is supported by Core’s expanding ecosystem and the increasing interest in scalable, EVM-compatible blockchains. The project's ongoing integration of innovative features and the growing developer activity enhance its long-term growth prospects.
Is now a good time to buy Core?
Core stands out for its advanced consensus model and rapidly growing network of decentralised applications. The project's alignment with current trends such as interoperability and high throughput could support future demand. Additionally, rising institutional attention towards Layer-1 blockchains like Core signals a strong market positioning compared to competitors.
What is the tax treatment for crypto gains in the Philippines, and does it apply to Core?
In the Philippines, gains from selling cryptocurrencies like Core are subject to capital gains tax and may also trigger income tax, depending on the transaction type and frequency. There is no specific exemption for Core; all cryptoassets fall under existing BIR guidelines. Crypto holders are required to declare gains in their annual tax filings, and failure to comply can lead to penalties. Always monitor updates from the local regulators for any policy changes.
What is the latest staking yield for Core?
Currently, Core offers a staking mechanism through its mainnet chain. The average yield observed is around 7%, accessible mainly via Core DAO's official platform. Rewards are distributed on a regular basis, and users can typically unstake with a minimal waiting period. Notably, the staking rate has remained relatively stable despite recent growth in network usage, which reflects the protocol’s robust validator ecosystem.
What is the forecast for Core in 2025, 2026, and 2027?
Based on the latest market price of ₱11.50, projections suggest Core may reach ₱17.25 by the end of 2025, ₱23.00 by 2026, and ₱34.50 by 2027. This outlook is supported by Core’s expanding ecosystem and the increasing interest in scalable, EVM-compatible blockchains. The project's ongoing integration of innovative features and the growing developer activity enhance its long-term growth prospects.
Is now a good time to buy Core?
Core stands out for its advanced consensus model and rapidly growing network of decentralised applications. The project's alignment with current trends such as interoperability and high throughput could support future demand. Additionally, rising institutional attention towards Layer-1 blockchains like Core signals a strong market positioning compared to competitors.
What is the tax treatment for crypto gains in the Philippines, and does it apply to Core?
In the Philippines, gains from selling cryptocurrencies like Core are subject to capital gains tax and may also trigger income tax, depending on the transaction type and frequency. There is no specific exemption for Core; all cryptoassets fall under existing BIR guidelines. Crypto holders are required to declare gains in their annual tax filings, and failure to comply can lead to penalties. Always monitor updates from the local regulators for any policy changes.
