Why does C98 have strong price potential in 2026 thanks to the "Vietnam story"?

The Vietnamese crypto market is "exploding" with a legal framework

Vietnam ranks high in crypto ownership rates (tens of millions of users), but previously lacked clear regulations leading to risks. From 2026, the first licensed crypto exchange could launch as early as March-April 2026 (according to Le Thanh's sharing). C98 positions itself as a "trusted partner" providing infrastructure, custody, oversight – not directly operating an exchange but becoming a backbone platform for many exchanges and organizations. If successful, the number of Vietnamese users returning to the Coin98 ecosystem will surge, driving demand for C98 tokens (utility for fees, governance, staking within the ecosystem).

Tether collaboration – "guarantee" of liquidity and credibility

Tether is the largest stablecoin in the world, collaborating with G98 helps Ninety Eight access institutional capital, compliant products (KYC/AML compliant). This could turn C98 from a mid-cap DeFi token into an official "bridge" between global crypto and the Vietnamese market – a scenario similar to how Binance or other major projects exploded due to local narratives.

Potential price of C98 2026

Currently (February 2026), the price of C98 fluctuates around 0.025 - 0.028 USD, with a market capitalization of about 25-28 million USD (slightly increased recently, even +24-30% on some days despite market corrections).

Forecasts from reputable sources:

Bullish case: Could reach 0.10 - 0.25 USD if DeFi rebounds + strong adoption from Vietnam (according to Tapbit, CoinMarketCap emphasizes G98 as a long-term catalyst).

Base/neutral: Around 0.03 - 0.08 USD by the end of the year, with upside if G98 product launches successfully and the altcoin market is risk-on.

Many sources forecast gradual growth thanks to new utility (perpetual trading, fluid platform) and the Vietnam narrative.

Compared to the old ATH ~6 USD (2021), C98 is at a historical low, creating room for a 5-10x increase if the "story returns to Vietnam" explodes. Recently, C98 has shown resilience (strong increase on market crash day), proving that the community and holders still believe in the fundamentals.

Risks to note

The crypto market remains highly volatile, dependent on Bitcoin/altseason.

The success of C98 depends on the product launch in 2026 and actual licensing (which may be delayed).

Not investment advice – DYOR and only invest money you can afford to lose.