Plenty of factors point to the decline of Factom. First of all, it's the shrinking audience on social media platforms, especially Facebook and Reddit. People are no longer interested in this coin and its seemingly good fundamentals that suppose to have resolved the issues of block size and transaction speed that plague Bitcoin. Price-wise, FCT has also been a total disappointment as it reduced in value by 80% since the beginning of the year
Factom has everything a crypto project should have to be successful, and yet, it’s not doing anything in terms of price action. I’ve noticed this trend when it comes to legitimate projects, and its that the more a project is professional, its price declines. Government contracts are just the tip of the iceberg for FCT, and it’s just stagnating.
Woah FCT is moving!! It's about time for such an awesome project. If you continue to doubt reliable projects with top developers then you will watch from the sidelines as they pump to the moon and beyond. FCT has been around forever and has witnessed its pumps and dumps, but it's heading all the way back to $30 in no time I'm sure. Look at BTC and tell me that this market isn't healthy right now. All indicators are pointing to buy Altcoins right now. When BTC pumps alts dump and this is the point where you should be buying. Once the profit takers move back to alts it's going to be an early Christmas!
Factom was such a promising project 2 years ago but it's really just hung around since then. Recently they had a big announcement but it doesn't seem like much happened from it? Does anyone have any more info on this coin? I still like the idea but the charts have been looking really bad lately. A lot of channels I watch say to keep an eye on FCT, but I'm not so sure anymore.
Factom has been performing so well, this last 12HR candle isn't showing the long term trajectory. We're looking at another leg up once this small shake out gets all the speculators out. This was all from the last run up about a month ago.
Mining is not there and never was. In the genesis of the block, 8759968 coins were issued, all of them were sold on a crowdsale where more than a million dollars were collected, it was about $ 0.11 per coin (52K satoshi at the then exchange rate). Annual emission of 10% of these 8759968 coins (approximately 73K per month) is expected to be distributed among the owners of the servers that support their infrastructure. I can be mistaken, but it seems that it is not yet implemented and therefore does not work.
* Crypto Rating accepts no liability for content of the Factom reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 63.2% | 72 | $96 371.79 | -0.04% | -1.87% | $1 907 218 717 682 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 70.4% | 59 | $3 729.32 | 1.74% | 11.66% | $449 167 677 142 |  |
|
| 3 |  XRP |
XRP predictions | 58.4% | 88 | $2.38 | 26.18% | 68.98% | $135 658 802 716 |  |
|
| 4 |  USDT |
Tether predictions | 92.8% | 1 | $1.000502 | -0.01% | -0.07% | $134 189 589 607 |  |
|
| 5 |  SOL |
Solana predictions | 65.6% | 74 | $237.28 | -0.15% | -4.66% | $112 744 399 529 |  |
|
| 6 |  BNB |
Binance Coin predictions | 80% | 31 | $653.40 | 0.21% | -0.91% | $94 096 244 472 |  |
|
| 7 |  DOGE |
Dogecoin predictions | 59.6% | 93 | $0.442944 | 4.18% | 4.59% | $65 125 268 935 |  |
|
| 8 |  ADA |
Cardano predictions | 60.4% | 84 | $1.17 | 10.04% | 18.42% | $40 979 902 970 |  |
|
| 9 |  USDC |
USD Coin predictions | 91.2% | 1 | $1.000208 | 0.02% | 0.03% | $39 972 920 073 |  |
|
| 10 |  AVAX |
Avalanche predictions | 65.2% | 69 | $47.16 | 6.36% | 14.05% | $19 301 929 993 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 57.6% | 94 | $0.000031 | 9.59% | 24.58% | $18 508 404 240 |  |
|
| 12 |  TRX |
TRON predictions | 63.2% | 80 | $0.209475 | 2.77% | 0.42% | $18 078 840 002 |  |
|
| 13 |  TON |
Toncoin predictions | 71.2% | 62 | $6.89 | 1.55% | 14.17% | $17 554 463 336 |  |
|
| 14 |  XLM |
Stellar predictions | 56.4% | 89 | $0.542303 | 7.68% | 4.22% | $16 309 780 962 |  |
|
| 15 |  DOT |
Polkadot predictions | 59.6% | 85 | $9.16 | 3.57% | 5.01% | $13 957 444 158 |  |
