It’s true that Factom was a great disappointment for investors in 2018. FCT price went down from $0.000000 on January 1st 2018 to $9.077 on December 31 2018. However, it is worth monitoring our Factom price prediction algorithm: Factom might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, FCT might be the coin to watch closely now.
The current Factom price is $6.84, its circulating supply is 8 745 102 FCT. Our algorithm predicts that based on historical data Factom price will be at $8.54 in 1 week and $9.91 in 1 month. Our deep learning algorithm predicts the FCT price will be at $10.07 in 6 months. Analysis of the cryptocurrency market shows that Factom price may reach $14.12 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that FCT will stay around $12.74 in 2019, $14.12 in 2020, $14.91 in 2021, $17.11 in 2022 and $19.03 in 2023.
While creating the Factom prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $10.07 and lowest possible predicted price is $7.60.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Factom has the potential to stay within "survivors" team. Our Factom short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Factom Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Factom forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Factom (FCT)?
The current price of Factom is $6.84.
What is the current market capitalization of Factom (FCT)?
The current market capitalization of Factom is $59 775 955.
What will be the price of Factom (FCT) Tomorrow?
Our algorithm forecasts that the price of Factom will reach $6.93 tomorrow.
In 1 year from now what will 1 Factom be worth?
As per the forecast and algorithmic analysis, the the price of 1 Factom will be around $12.74.
Is it profitable to invest in Factom (FCT)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Factom (FCT) as a short term investment. Factom can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Factom be growing in the Future?
Factom is potentially one of the most profitable among digital coins.
How high can the Price of Factom go?
Our algorithm forecasts that the price of Factom will reach $19.03 by 2023.
Is Factom (FCT) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Factom now.
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.
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