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Ravencoin

Ravencoin is the native token in the Ravencoin platform launched in January 2018. It follows the PoW consensus mechanism, but the hashing algorithm varies from that of Bitcoin and does not allow ASIC mining.

It had no Initial Coin Offering (ICO) sale during its launch and was funded by Medici Ventures, run by Overstock.

The Ravencoin (RVN) is primarily used as a mode of fee payment on the network. It is also used for rewarding the developers on the system.

A Ravencoin price on Medium from November 2017 references Game of Thrones when introducing this experimental currency:

“In the fictional world of Westeros, ravens are used as messengers who carry statements of truth. Ravencoin is a use case specific blockchain designed to carry statements of truth about who owns what assets” Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.

A fork of the bitcoin code, Ravencoin features four key changes:

The issuance schedule (block reward of 5,000 RVN) Block time (1 minute) Coin supply (21 Billion) Mining algorithm (KAWPOW formerly X16R and X16RV2 respectively) The algorithm is intended to address the centralization of mining caused by ASIC hardware. In the original X16R algorithm paper, the team behind the currency explains that the fixed order of ordinary hashing algorithms lends itself to the construction of ASIC miners.

The initial X16R algorithm aimed to overcome this problem by constantly disrupting the ordering of the hashing algorithms – it uses the same algorithms used in X15 and SHA512, but the ordering of those algorithms was changed based on the hash of the previous block. Eventually it became economically viable for X16R ASIC’s and the community decided to implement new algorithms to mitigate the unfair distribution of Ravencoin. The community has carried out 2 algorithm forks to date to mitigate the potential efficiency improvements of the ASIC miners equipment compared to over the counter consumer grade equipment.

The current KAWPOW algorithm aims to overcome the problem of centralisation of mining by utilising over the counter graphic processing unit (GPU) memory and compute capabilities. This is intended to allow most consumer grade GPU hardware to mine Ravencoin. The KAWPOW algorithm was derived from ProgPOW and ethhash, with modifications, to improve the distribution of Ravencoin to everyone.

No additional future algorithm forks are envisaged. Note that this may allow future ASIC development to proceed, albeit as there is a limited potential for ASIC efficiency gains compared to consumer grade hardware, we are resistant to this form of centralisation.

Unique characteristics of Ravencoin ASIC resistant – Uses the KAWPOW hashing algorithm to discourage the development of ASIC hardware Fair launch – Everyone has equal opportunity to mine or purchase RVN since day one. No pre-mine, no ICO, and no coins held for developer or founders rewards.

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Wanchain

Wanchain is the infrastructure connecting the decentralized financial world. Introduction to Wanchain Wanchain is a blockchain platform designed to make asset transfers and run dApp for the financial sector. From transfers and payment to investment and banking, Wanchain aims to replace the existing traditional banking system around the world with its cross-chain blockchain-based solution.

The Wanchain mainnet went live in January 2018. In June 2018, Wanchain 2.0 was launched, and Wanchain 3.0 came to existence in December 2018, where the BTC-ETH was moved from testnet to production.

Wanchain, before January 2018, existed as ERC-20 tokens on the Ethereum platform. Presently, Wanchain (WAN) is its own crypto coin.

Historical Wanchain Price and Statistics On the CoinMarkerCap, WAN is at the 151st position in terms of market capitalization. The current market capitalization of WAN is $2,88,22,042. The circulating and total supply of WAN stands at 12,38,99,997 WAN and 21,00,00,000 WAN, respectively. Circulating supply is an important numerical to consider because it determines the market capitalization of a cryptocurrency.

For a given market price, the market capitalization increases with the increase in the circulating supply.

Wanchain price today, as on June 21st is $0.23419. It made an all-time high of $9.92 on May 3rd, 2018. Whereas its all-time low was $0.07575 on March 13th, 2020.

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DigiByte

Digibyte price Market Update According to the data provided by CoinMarketCap, DGB is currently priced at $0.0185. It boasts of a market cap of $244 million and holds the 36th position in the market. Over the last 24 hours, this cryptocurrency has attracted a trading volume of $15 million. DigiByte was created to have a maximum supply of 21 billion coins but over 13 DGB coins are currently in supply.

History of DigiByte DigiByte refers to an open-source blockchain that was incepted late 2013 and launched in the first quarter of 2014. It is regarded as one of the fastest cryptocurrency projects in the market. It prides itself on being the “longest and most decentralized UTXO blockchains in existence.” It is essential to note that DigyByte was never pre-mined neither was it launched through an ICO; a factor that makes it stand out among its peers. DigiByte was launched in 2014 by Jared Tate according. The project’s genesis block was mined in January 2014 and marked the official launch of DigiByte. Besides, this was the beginning of an exciting journey in the cryptocurrency universe. There was an upgrade in February 2014 that saw the activation of “DigiShield” in order to “use real-time difficulty adjustment against hash fluctuations.” Another significant upgrade to the network took place in December 2015 leading to the reduction of block time to 15 seconds, hence supporting faster transactions. Intriguingly, DigiByte was the first cryptocurrency to activate SegWit before both Bitcoin and Litecoin. In a bid to compete with platforms such as Ethereum and EOS, DigiByte development team went ahead to launch “DigiAssets,” a decentralized platform that opened the network for decentralized issuance of assets and more. The development of DigiByte has never stopped since its launch and has no plan to do so in the coming years. The development team continues to explore different ways that will keep DGB at the forefront of innovation especially in the digital currency industry.

How DigiByte Works? The network is built using three robust layers. These three layers ensure that “the network infrastructure, security, and communications to function with cutting edge speed.” The layers include the above-mentioned applications/DigiAssets (top layer), the digital asset/public ledger (middle layer), and core/protocol/Global network (bottom layer).

DigiByte Price Update DigiByte commenced trading on Binance in the first quarter of 2018, following the 2017 cryptocurrency parabolic rally. From an initial price of $0.0156, the crypto hit highs of $0.0539 in July 2018. Unfortunately, this marked the end of the bull-run. Besides, DGB/USD has never hit these levels again. Like the majority of cryptoassets in the market, DigiByte followed an almost never-ending breakdown for the rest of 2018. Various support areas were shattered including $0.03, $0.02, and $0.01. Price-performance in 2019 was not different from the previous year as DGB/USD thinned, closing the year around $0.0052. The trading in 2020 has been quite eventful with recovery from the levels at the beginning of the year first rising to $0.0089 (in February). The widespread cryptocurrency breakdown in March forced DGB into another painful spiral to $0.0022. The good news is that recovery has been forthcoming as DigiByte almost hit highs at $0.03 on May 4, 2020. At the time of writing, DigiByte is exchanging hands at $0.018 following the minor correction from the aforementioned May highs.

The Future of DigiByte The truly decentralized nature of DigyByte is a core feature of the network that makes DGB stand out among other digital assets. The network has no central authority. In fact, any exchange can list DGB without seeking any permission from the developers. The development of DigiByte has never stopped over the last six years. At the moment, the team is working on numerous projects and upgrades that will continue to add value to the network. According to a recent tweet by the team, features such as Coinjoin /mixer, mobile and CPU mining, DigiAsset dividends pans iOS DigiAssets are being worked on. Some users have gone ahead to say that DigiByte is the cryptocurrency that Bitcoin (BTC) was envisioned to be.

Digibyte price chart Digibyte price chart by Tradingview DigiByte Price Prediction: Expert Opinion CoinFan CoinFan remains optimistic in regard to DigiByte performance in 2020. The site reckons that DGB would rise to levels around $0.4485 by the end of 2020. On the lower side CoinFan believes the price will hit $0.35.

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Zcoin

Zcoin Price Zcoin [xzc] is a decentralized open-source platform and cryptocurrency powered by the ZeroCoin protocol. ZeroCoin is a Zero-knowledge proof protocol that assures complete anonymity and privacy in the financial system. Since the primary focus of this coin is privacy, it is considered as a ‘Privacy coin.’ Other coins that fall under the same category include Zcash, Monero, and Pivx. However, not all coins follow the ZeroCOin protocol. Thus, making them suitable competitors for Zcoin.

Zcoin is a cryptocurrency having no transaction history. Typically, cryptocurrency transactions are recorded on a public ledger; however, in the case of Zcoin, they can be destroyed to mint a new one using the Zerocoin protocol. A user can dump an old coin they own and replace it with a new Zcoin.

Apart from high security, anonymity, and no history, the processing speed in Zcoin is fast. Zcoin transfers are confirmed and processed in a few seconds, while ZEC digital currency, its competitor, is confirmed in a few minutes.

Historical Zcoin Price and Statistics Zcoin has a market cap of $4,68,01,910, which is significantly less than popular coins like Bitcoin, Ethereum, and Ripple. On the CoinMarketCap web portal, it is ranked 114 in terms of market capitalization. Having that said, its market cap is still greater than over 800 other cryptocurrencies. The current circulating supply is 1,04,04,091 XZC, while its maximum supply is 2,14,00,000 XZC. That is, around 48% of all the XZC coins have been mined.

The zcoin price right now is $4.42 and is up 0.40% from the previous trading day. zcoin [XZC/USD] is quite a volatile pair but lacks liquidity. zcoin price has seen major ups and downs throughout its journey. It made an all-time high of $169.99 on December 26th, 2017, and an all-time low of $0.2751 on December 2nd, 2016. The high and low values for other periods are as follows:

Time High Low 24 Hour $4.62 $4.40 7 Day $4.89 $4.36 30 Day $5.10 $4.34 90 Day $5.10 $2.83 52-week $13.72 $2.12 zcoin price chart Zcoin price chart by Tradingview Zcoin Price History Chart In December 2016, Zcoin made an all-time low. After that, Zcoin prices have been trading above the low. At the beginning of January 2018, Zcoin prices shot up north massively, where the prices jumped around 800 percent set an all-time high at $169.99. But the price was taken down by the sellers very aggressively, where Zcoin lost 97 percent of its value from the ATH. Since then, the prices have been hovering between $2-$10.

zcoin price chart Zcoin price chart by Tradingview Journey of Zcoin Zcoin launch – 28 September 2016 Core upgrade – 9 September 2017 Zerocoin revamp and Tor integration – 2 March 2018 Sigma Protocol – 2019 Coming Soon User Interface Overhaul RAP: Receiver Address Privacy Implementation of Scaling Solutions Quantum Resistance Research Community Governance Voting Mechanisms Zcoin Price Live Looking through the current data, we ascertain that there is no clear trend in the market. Since mid-March, the prices are inching upwards but is unable to push it up with momentum. However, if we were to consider the data from the beginning of March, Zcoin’s price fell from $6 to $2. From this mark, the prices are retracing upwards. And the Zcoin price now is at $4.407. As per our technical analysis, Zcoin price can again drop to levels of $2 in the short-term.

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Waltonchain

Waltonchain Price

Waltonchain is a blockchain involved in supply chain management. It tracks radio- frequency identification (FRID) data on the entire supply chain. Waltonchain was named after the inventor of the RFID technology, Charlie Walton. Later, it became an acronym for Wisdom Alters Label, Trade Organization, and Network.

The Waltonchain team is working on both software and hardware infrastructure to connect the world much better. Waltonchain was created by the founder in 2015 but was launched officially in 2017.

Waltonchain (WTC) is the native cryptocurrency on the Waltonchain network, where users can even create their own tokens on subchains. RFID has been in the market for several years, but it's amalgam with blockchain for IoT purposes has become a unique and compelling concept. And this something Waltonchain is working on. Waltonchain is hybrid as it is based on both PoW and PoS mechanisms. So, a WTC holder gets the benefit of earning passive income via staking WTC and by running a masternode of Waltonchain.

Historical Waltonchain Price and Statistics Waltonchain has a market capitalization of $2,50,41,958 and stands at 156th position on CoinMarketCap. It is quite far from currencies like Bitcoin and Ethereum but is on top 15% of all the existing cryptocurrencies. The circulating supply of Waltonchain is 6,96,52,267 WTC, with a maximum supply of 10,00,00,000 WTC. Doing the math, around 69% of all the WTC coins have been mined to date.

The waltonchain price today is $0.36921 and is down 0.5% from the previous day. Volatility in Waltonchain is high but is short of liquidity. Over a period of three years, there have been significant price movements in the WTC market. It made an all-time high of $45.96 on January 28th, 2018, and an all-time low of $0.1421 on March 13th, 2020. The high and low values for other time periods are as follows:

Time High Low 24 Hour $0.392316 $0.350962 7 Day $0.417887 $0.350962 30 Day $0.441971 $0.322728 90 Day $0.441971 $0.206180 52-week $3.18 $0.142135 Waltonchain price chart waltonchain price chart by Tradingview Waltonchain Price History Chart Waltonchain price history is very much similar to other cryptocurrencies. The market started with a positive note in September 2017, where prices were making higher highs and higher lows until the beginning of 2018. In January 2018, WTC prices skyrocketed from $7.8668 all the way to $46.9653. It rallied around 500 percent in a matter of one month. But the prices failed to touch the $100 mark and crashed significantly. The prices showed a feeble bullishness at $7.8668, but the bears took over eventually and made an all-time low in March 2020.

Waltonchain price chart Waltonchain price chart by Tradingview Past Events Child-chain Prototype – 04 June 2018 ISHIJAH Pilot Store – 04 June 2018 Listing on Huobi, DDEX, Bithumb, Joyso – 2018 Burn Program – 15 August 2019 Premining – 14 January 2020 Token Release Round 2 – 04 March 2020 WTA App Staking – 31 March 2020 Waltonchain Price Live From mid-March, Waltonchain's price has been moving in an uptrend, making higher highs and higher lows. Focusing only on the month of June, WTC is moving sideways. Currently, the market is in the technical support area, where the prices could see a jump. However, it would not be surprising if the market test levels of $0.3000, as it is major support and resistance.

Waltonchain price chart Waltonchain price chart by Tradingview Waltonchain Price Converter and Calculator Above are the charts of Waltonchain against the US dollar. But USD is not the currency through which this can be bought or sold. It can be converted and exchanged for several other currencies and digital assets.

Waltonchain price in GBP The current Waltonchain price in Pound Sterling is 0.2633. That is, one Waltonchain is worth 0.2633 GBP. Likewise, two WTC will be worth 0.5266 GBP. You may use the calculator below for converting WTC to GBP: WTC to GBP Converter

Waltonchain price in EUR The value of one Waltonchain is equivalent to 0.296 euros. If you wish to exchange euros for purchasing one WTC, you must pay 0.296 EUR.

Here is a converter to calculate the euro price for different values of WTC – WTC to EUR Converter

Waltonchain price in JPY The current market price of waltonchain in JPY is 38.454. The price can also be quoted as 1 WTC per 38.454 JPY. WTC is referred to as the base currency and JPY as the quote currency. WTC to JPY Converter

Waltonchain price in BTC In cryptocurrency exchanges, Waltonchain is extensively traded against other cryptocurrencies. In other words, both the base and the quote currencies are cryptocurrencies. WTC against the BTC is the most traded pair in Waltonchain, whose ticker is WTC/BTC. The current value of this crypto pair is 0.000037. Apart from BTC, you can buy or sell WTC with ETH, XRP, BCH, etc.

Click on the following link to convert any Waltonchain price to BTC – WTC to BTC Converter

Waltonchain Price Forecast by Experts for 2020 Cryptocurrencies have always been a volatile and quite unpredictable market. However, there are experts involved in the prediction space for a long time. Below are the WTC price forecasts from some experts in the cryptocurrency community.

1. Crypto Ground Crypto Ground is a firm that predicts cryptocurrency prices based on algorithms. They are extremely bullish on WTC prices for the year 2020. They expect the WTC price to rally up to $5.70 by the end of 2020.

2. Wallet Investor Wallet Investor is one of the most popular websites involved in price prediction of cryptocurrencies using technical analysis. Typically, they are skeptical about the future of most cryptocurrencies. With WTC, their viewpoint is no different. Wallet Investor’s forecast on Waltonchain for the year 2020 is $0.06, which is an 80 percent drop from the current levels.

3. Trading Beasts Trading Beast is just another website that makes predictions on cryptocurrency prices. Like Crypto Ground, their predictions are based on algorithms. Trading Beast’s Waltonchain price forecast for the end of 2020 is $8.67. In other words, they expect the waltonchain prices to rise by 150% in a period of six months.

Waltonchain Price Forecast 2020 Waltonchain was one of the most hyped projects in 2017, the time when thousands of new cryptocurrencies spawned. However, in this mania, the WTC team worked effectively on their project to ensure that it can have a great future in the years to come. Yet their work reflects on the waltonchain prices is due. Since WTC is now undervalued, we expect a jump in the prices by the end of the year 2020.

Thus, our conservative prediction on waltonchain price for the year 2020 is $1. Having that said, there are possibilities for the prices to trade at the same levels or even lower, due to the crisis ongoing in the financial markets.

Waltonchain Price Prediction 2021 The child chain creation of Walton and the transactions on the network are self-reliant on WTC coins. Gradually, as the ecosystem expands, more and more businesses could be added to the Waltonchain ecosystem. As the consumption of WTC tokens increases, the demand will rise as well. However, this cannot happen overnight. It could take about a year or so for businesses to incorporate WTC into their existing technology. Thus, by the end of the year 2021, the WTC price could touch $2.5.

Waltonchain Price Prediction 2025 Five years is a long journey for a cryptocurrency. Nobody can predict with certainty on demand for a cryptocurrency with a five-year time frame. However, based on the cryptocurrency's past performance, we can extract some clues for future performance. Waltonchain is a pretty young cryptocurrency when compared to top coins like Bitcoin, Ethereum, and Bitcoin Cash.

Nonetheless, it is one of the few coins which have made it successfully to 2020, despite the poor PR it faced due to lack of sound communication skill. This shows the potential in WTC’s team. Thus, if the same work continues by the team, Waltonchain can surely sustain itself in the market for the next five-ten years. As far as the waltonchain forecast is concerned, Waltonchain price is expected to reach $40 in the year 2025.

Final Words – Should you Invest in Waltonchain? Waltonchain is a cryptocurrency that is part of the new Internet of Things (IoT) ecosystem. It aims towards inculcating blockchain into the IoT to enhance the conceptual framework of network services. In simple terms, Waltonchain is working on stabilizing the connection between real-world data and the virtual network systems using the disrupting blockchain technology.

Waltonchain is an excellent coin to have on your radar if you believe in blockchain technology. The commercial applications of Waltonchain are beyond the internet space, and the product it offers has the ability to evolve bigger and wider in the year to come.

Every cryptocurrency comes with added risk. WTC is no different. As on the risk involved in investing in WTC, this is a coin that ought to show gradual growth, not rapid. The project it is working on is not the type that can see immediate results. Thus, one must have their risk calculated before investing in WTC with a short-term perspective. But if you’re considering investing with a long-term goal, there is negligible probability WTC could touch rock bottom.

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Siacoin

Introduction – What is Siacoin? Sia is one of a kind decentralized cloud storage platform that aims to compete with the existing storage methods. It intends to provide solutions at both P2P and enterprise levels. The main difference between existing storage and Sia is that the renting of cloud storage is from a centralized provider, while it is between peers on the Sia platform. This peer-to-peer renting of storage is possible through blockchain technology. Also, as it is decentralized, the transaction time is negligible and is extremely safe as well. A Sia user can rent out space for storing data, for which he will receive a reward.

The platform and cryptocurrency development of Sia is going great for a while. This cryptocurrency got its recognition in 2015, which began the overall growth of Sia. This unique technology and concept have got the eyes of both users and investors.

Sia is more gravitated towards ordinary users because the entry threshold is minimal. Rewards on the network can be received by anyone who provides space for storing data.

Historical Siacoin Price and Statistics Siacoin, launched in 2013, has a market capitalization of $14,81,00,162. It is ranked 56th on the CoinMarketCap web portal. It presently has a 24-hour trading volume of $66,54,549. Its circulating/total supply stands at 41,81,70,47,634 SC. The mentioned supply is a critical factor to calculate the market capitalization of the coin. To an extent, the supply can be used to forecast the Siacoin price. If the supply increases drastically, and the demand remains the same, then it will lead to depreciation in the value of Siacoin. The flip side holds true, as well.

Siacoin price today, as on June 22, is $0.003542, which is down 0.59% from the previous trading day. Siacoin price made an ATH (all-time high) $0.111708 on January 6th, 2018. And on December 1st, 2015 it made an ATL (all-time low) to $0.000011. Below are the high and low values for different time periods:

Time High Low 24 Hour $0.003617 $0.003435 7 Day $0.004137 $0.002824 30 Day $0.004137 $0.002057 90 Day $0.004137 $0.001159 52-week $0.004137 $0.000791 siacoin price chart Siacoin price chart by Tradingview Siacoin Price History Chart The Siacoin price has had high volatility in some phases of its journey, which can be seen from the below chart of Siacoin against the US dollar. Until 2017, the prices were hovering between $0.00004123 and $0.001055. From January 2017, the prices rallied all the way to $0.02331. This price failed to sustain and dropped 85% from that level. However, from $0.0033, the market bounced back; in fact, it rallied 3000% and made an all-time high. But yet again, the prices did not hold to the highs and fell 98% in value. Thereafter, the Siacoin price never touched the ATH but did make an all-time-low in 2020.

Siacoin price chart Siacoin price chart by Tradingview Past Events Binance Listing – 14th June 2018 Hard Fork – 31st October 2018 SC-based S3 API – 17th May 2019 Skynet release – 18th February 2020 Sia v1.4.10 – 4th June 2020 Siacoin Price Live The most recent record the market made was that it set an ATL in the first quarter of 2020. From then the Siacoin price is trending north and is up 445% from the lows. The red line represents the technical resistance, where the prices drop when it reaches that area. Siacoin price right now is reacting off from the same area.

Siacoin price chart Siacoin price chart by Tradingview Siacoin Price Converter and Calculator Siacoin can not just be bought or sold against the US dollar, but with other fiat currencies and cryptocurrencies as well. The market price of Siacoin against the US dollar represents the value of Siacoin in terms of USD. In a similar fashion, here are the prices of Siacoin against other major currencies and cryptocurrencies.

Siacoin price in GBP Siacoin price today against pound sterling is 0.0028 GBP. This price determines the value of 1 Siacoin in terms of Britain's pound. If you wish to calculate the price of Siacoin against the pound for other values, click on the following link – Siacoin price converter to GBP

Siacoin price in EUR One Siacoin is equivalent to 0.0031 euros. Thus, it would be quoted as – Siacoin/EUR = 0.0031. Here, Siacoin is the base currency, and EUR is the quote currency. Below is a link to the calculator that can be used to convert Siacoin to EUR.

Siacoin price in JPY The current Siacoin price in JPY is 0.3780. In essence, it means that to purchase one Siacoin, one must pay a price of 0.3780 Japanese yen. Similarly, the trader must produce 0.756 yens to buy two Siacoins. Here is a calculator that lets you calculate the price of Siacoin in terms of JPY – Siacoin JPY Converter.

Siacoin price in BTC Siacoins can be bought and sold against cryptocurrencies as well. They are not confined only to fiat currencies. One can buy, sell, and trade Siacoin against coins like Bitcoin, Ethereum, and Tether. In all cases, Siacoin is the base currency, and the other is the base currency.

The price of Siacoin, when traded against BTC, is 0.00000038. Thus, each Siacoin is worth 0.00000038 BTC. You may use the Siacoin to BTC Converter to calculate the price of Siacoin to Bitcoin for different values.

Siacoin Price Prediction Siacoin Price Forecast by Experts The use cases of Siacoin is firm and unique. This makes it stand out in the crypto space. As years are passing by, Siacoin is gaining popularity among the public. Here is what the experts have to say about Siacoin's price for the year 2020.

1. Trading Beasts Trading Beasts, a crypto price predicting website, has predicted that Siacoin price will reach up to $0.02 by the end of 2020. They are extremely bullish on Siacoin price.

2. Crypto Ground Crypto Ground’s Siacoin forecast for the year 2020 is more on the conservative side. They say that Siacoin’s future is great, but there is a probability that it will rally significantly. Their Siacoin price forecast is $0.0027 for the year 2020, and a five-year prediction is $0.0476.

3. Wallet Investor The Wallet Investor website predicts that Siacoin price might reach $0.000046 by the end of the year 2020. They believe 2020 is not the year where Siacoin price will skyrocket.

Siacoin Price Prediction 2020 Due to technological and regulatory issues, there are quite a few challenges and difficulties involved in the prediction of Siacoin price. However, there are a number of positives in Siacoin. Siacoin and its team are planning on reaching out to more projects like Blockstack and RNDR to solve the scalability issues. Siacoin has also been working to tie-up with organizations like Netflix in the coming months. By the end of 2020 or the beginning of 2021, Siacoin's price could reach around $0.031.

Siacoin Price Forecast 2021 2021 is the year when Siacoin is expected to have more and more collaborations and tie-ups. According to the roadmap of Sia, it aims to compete with Amazon S3, an internet giant. This could be achievable because the current storage capacity has significantly increased than it was in the beginning. As a result, the usage rate will also increase drastically. Siacoin will have the upper hand compared to other cryptocurrencies as it offers unique functionality. With these points into consideration, our Siacoin price forecast for the year 2021 is $0.046. We are very optimistic about the Siacoin price future in the upcoming years.

Siacoin Price Prediction 2025 Cloud storage is already growing in popularity, but only in centralized firms. In the future, this storage method expands, people will realize the benefits of decentralized firms. However, gaining popularity in public will take some time. Thus, our Siacoin price prediction for the year 2025 is $1.

Should you Invest in Siacoin? Siacoin is a unique technology that is currently in need. It provides features that can help the general public and not only cryptocurrency enthusiasts. Thus, the reach of Sia can be huge in the coming years. It has been working hard on approaching the network speed of Amazon S3, which would increase the speed by 300%. Sia also has plans to collaborate with biggies like Amazon, Netflix, and Dropbox, which would certainly enable Siacoin to grow much faster than its peers. Therefore, with anticipation in demand coming in, Siacoin can prove to become a cryptocurrency winner.

Conclusion Siacoin, a decentralized storage platform, has been in the news for quite a while, as it offers exclusive benefits to users. Unlike a centralized system, Sia is decentralized, where peers on the network and rent storage from each other. Presently, Siacoin is in the phase, which can take a huge jump in the future due to its increase in demand. Siacoin is one of the rare coins that benefit crypto speculators and enthusiasts as well as technology users. Thus, we believe that Sia can take the cloud storage community to new heights in the coming future.

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Kin

The Kin price Ecosystem was initially developed by the Canadian firm, Kik Interactive Inc. In 2011, it built the famous Kik messenger which had over 300 million active users by 2016.

The Fin Foundation initiated by KIK seeks to build an ‘open and decentralized ecosystem of apps,’ rewarding the contributors of the ecosystem. The App developers can integrate the Kin SDK into their platform to participate in the ecosystem.

Since Kik Interactive along its messenger was backing the blockchain development, the authorities claim that the company is in a position to use the cryptocurrency for the growth and liquidity of Kik.

What is Kin Cryptocurrency? Kin cryptocurrency is the incentive in the Kin Ecosystem between app developers, content creators and customers. The KIN token ICO was conducted in September 2017.

Apart from building a blockchain based system, the Kin Rewards Engine (KRE) is designed to reward the developers in proportion to the daily active spenders of KIN on their apps and the contribution to the P2P pool.

The Blockchain was originally designed on Ethereum [ETH] as an ERC-20 tokens. Lately, the Kin Blockchain was developed and the tokens are eligible for migration from ERC-20 to KIN until June 2020.

Legal Dispute with SEC SEC has sued Kik Interactive Inc. for violating the 1933 securities law by conducting the Kin ICO. The SEC Vs. Kin Token is one of the most iconic cryptocurrency cases because its viability reaches to all past and future ICOs and SAFT tokens.

Furthermore, the Kin Token ICO (raised $100 million) was conducted via two methods, to accredited investors (SAFT) and a public sale. This was done to ensure the maximum outcome of the fundraiser and to avoid securities law.

According to the SEC, Kik’s costs have always far outpaced its revenues, and the company has never been profitable. The cryptocurrency project was expected to revive the firms’ revenue.

Currently, both parties are seeking summary judgement from the court. While the SEC is confident of an undisputed securities claim, Kik is relying on making a case from the technicalities of the sale.

Kin Price Analysis Kin’s supply is one of the largest in the market with a total plan of 10 trillion tokens. By June 2020, 1.5 trillion have been released in the market. The total market capitalization of KIN has been below $10 million for a greater part of the past year.

The massive downfall of the cryptocurrency began as the SEC sued KIK for an illegal sale of security tokens in June 2019. It dropped over 90% of the price during Q1 in 2019. The price has been consistently low as the court case with the SEC is still unresolved, and it looks like the SEC has an upper hand as well.

Eventually, Kik shut-down the messenger completely due to massive legal fees and failure of the app. Since, it is primarily a payment focused currency, to attain ‘Store of Value’ properties, the price must oscillate between bear and bull cycle round a pivotal point; where the peak and trough stabilizes with time.

Kin price chart Kin price chart by Tradingview The weekly chart illustrates a long-term downfall in prices, which have now reached consolidation levels since the last quarter of 2019. The decay in price has been significant and there is little hope of revival to the highs.

Nevertheless, crypto bull-bear markets usually follow a 4-year cycle. Moreover, Kin has not witnessed a significant bull rally in the markets yet. Given, the legal dispute is resolved, the investors can expect upside over $0.000025.

Kin Future Prospects The first monthly Kin Foundation transparency report was published in May 2020. The link to the report can be found here. The monthly report introduces three new metrics to depict the status of the chain - Kin spent per day, B/I ratio and Net Dollars Bought (NDB). The total market capitalization of Kin is currently around $8.7 million. It is ranked way down at 400 with respect to market capitalization. Due to the shut-down of the Kik messenger, legal dispute the prospects of growth of the cryptocurrency is low. The number of twitter followers of Kik saw a massive decline in 2019. .

Kin price chart Kin price chart by Tradingview Currently, the ‘Kin Ecosystem’ only has little over 25k followers. There are over 57 monthly active apps ranging from social media, communications, lifestyle, education and gaming apps.

Last but not least, the recent judgement against Telegrams’ and the end of the TON project does not set a positive precedence for the Kin Ecosystem. Tanner Philp, head of Corporate Development and Operations at Kik told the media after Telegram’s demise.

“The SEC has continued to regulate by enforcement rather than through rational rulemaking, and as we've seen, this threatens the crypto industry globally.” The court can order a return of the entire amount back to the investors, or impose a fine for the ICO to be paid to the SEC. In other cases like EOS, the SEC just imposed a fine on the developing firm.

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