Bitcoin
BTC$64 269.87

-0.62%

Ethereum
ETH$3 393.79

-1.07%

Tether
USDT$1.000042

-0.04%

Binance Coin
BNB$569.04

-0.67%

Solana
SOL$155.96

-2.53%

XRP
XRP$0.635451

10.18%

V Systems (VSYS) Price Forecast


November 2019

V Systems (VSYS) belongs to a cohort of freshly surfaced altcoins that holds great potential but is often overlooked by most experts and analysts. The coin currently resides at the 39th spot on Coinmarketcap with the price that has been keeping under the waterline of $0,08 over the course of last month.

The total market capitalization of VSYS amounts to $158 million, which is a mere two million more than its closest pursuer Holo, and ten million more than that of Bitcoin Gold. This means that the ranking of these two cryptocurrencies might change from time to time, depending on the pace of their development and implementation.

VSYS’s biggest rivals, however, are TrueUSD, 0x, and Hedge Trade, with the latter boasting a solid market cap of $200 million. Therefore, the V Systems team should make an effort to attract additional capital in order not to lose the competitive battle. But VSYS has two trump cards up its sleeve, namely solid fundamentals and the “youthfulness” of the coin. These two factors may play a decisive role in future developments. 

The fundamental value of VSYS


As already mentioned, V Systems is the coin that has just entered the crypto space. Although the eponymous project was founded almost four years ago, the developers decided not to get ahead of themselves with the release of native cryptocurrency.

Instead, they focused on the development of the blockchain that is run on the proprietary consensus algorithm called the Supernode Proof-of-Stake, as well as the cloud-based network, designed specifically to suit the needs of the developers of decentralized applications, facilitate the issuance of new tokens, and carry out transactions at a negligent fees of less than 1 VSYS.

It is also important to note that one of the founders of V Systems is Sunny King, a developer of the original Proof-of-Stake protocol and a superstar computer scientist, whose recognizability in the crypto community can be matched only by that of Satoshi Nakamoto. He was behind the two other PoS-based cryptocurrencies, namely Primecoin (XPM) and Peercoin (PPC), which, however, had fallen out of the picture and to the bottom of the Coinmarketcap rankings. Nevertheless, VSYS was recognized by many as King’s best creation so far, which instill confidence in coin’s fundamentals. 

Possible price developments in the next few months


VSYS was listed on major cryptocurrency exchanges this March. At that point, the coin was traded around $0.03, though by the end of that month, it began an uphill walk towards the all-time high of $0.26, recorded during the last days of July.

Considering the fact that the crypto market at that time was only on a modest bull run, these showings could serve as a prerequisite for much better gains in the near future. As we can see from the chart above, VSYS is characterized by a smooth price movement, void of many violent spikes and downfalls, which is an excellent feat for determining the trend.

All major technical indicators like EMA and SMA show the relatively strong buy signals for the remainder of 2019, though RSI and Stochastic oscillators remain neutral towards this coin.

Given its strong fundamentals and very young age, VSYS is gear up for the lengthy trip to the upside as soon as the opportunity presents itself. It could be said with an appropriate degree of certainty that we haven’t seen the real all-time of this coin yet, so you should definitely keep V Systems on your radar for the duration of the first half of 2020, because that could be the prime time of this cryptocurrency.

Author: Alex Paulson for Crypto-Rating.com

Related

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 78% 43 $64 269.87 -0.62% 11.37% $1 267 857 116 778 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 76% 50 $3 393.79 -1.07% 9.47% $408 005 838 518 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000042 -0.04% 0.02% $113 229 258 064 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 74.4% 43 $569.04 -0.67% 8.71% $83 979 705 168 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 82% 36 $155.96 -2.53% 10.18% $72 390 604 669 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 77.6% 43 $0.635451 10.18% 44.97% $35 527 732 785 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $0.999961 -0.02% 0.01% $33 783 453 421 USDC 7 days price change
8 Toncoin (TON) TON Toncoin predictions 90% 13 $7.13 -2.10% -1.71% $17 898 355 821 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 73.6% 55 $0.121897 -1.78% 13.21% $17 694 301 224 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 80.4% 36 $0.439424 0.62% 14.07% $15 770 897 145 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 79.2% 44 $0.133871 -0.13% 1.94% $11 660 708 604 TRX 7 days price change
12 SHIBA INU (SHIB) SHIB SHIBA INU predictions 78.8% 37 $0.000019 -3.07% 13.98% $10 993 910 614 SHIB 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 76% 41 $27.36 -2.26% 6.28% $10 798 599 488 AVAX 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 95.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 95.2% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.