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 | 83.6% | 19 | $27 117.78 | 1.52% | -0.23% | $525 695 120 933 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 94% | 5 | $1 850.21 | 1.08% | 1.69% | $222 500 512 215 |  |
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| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000333 | -0.01% | -0.01% | $83 154 797 365 |  |
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| 4 |  BNB |
Binance Coin predictions | 90.8% | 4 | $308.85 | 0.69% | -0.59% | $48 135 911 381 |  |
|
| 5 |  USDC |
USD Coin predictions | 90.8% | 1 | $1.000039 | -0.01% | -0.01% | $29 066 829 891 |  |
|
| 6 |  XRP |
XRP predictions | 82% | 25 | $0.472955 | 1.16% | 0.70% | $24 585 809 728 |  |
|
| 7 |  ADA |
Cardano predictions | 85.6% | 20 | $0.372773 | 2.47% | 1.84% | $12 999 954 414 |  |
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| 8 |  STETH |
Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 84.4% | 31 | $0.072941 | 2.45% | -1.13% | $10 177 041 648 |  |
|
| 10 |  MATIC |
Polygon predictions | 72% | 56 | $0.929847 | 1.84% | 6.19% | $8 628 490 910 |  |
|
| 11 |  SOL |
Solana predictions | 77.2% | 38 | $20.64 | 6.40% | 1.71% | $8 178 958 995 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 81.2% | 33 | $0.077433 | 2.29% | 6.74% | $7 873 132 353 |  |
|
| 13 |  TRX |
TRON predictions | 80.8% | 33 | $0.077698 | 3.03% | 7.15% | $7 014 264 945 |  |
|
| 14 |  LTC |
Litecoin predictions | 77.6% | 35 | $89.78 | 2.68% | -2.62% | $6 555 157 361 |  |
|
| 15 |  DOT |
Polkadot predictions | 88% | 22 | $5.38 | 2.54% | -0.52% | $6 392 787 042 |  |
