It’s true that Factom was a great disappointment for investors in 2019. FCT price went down from $7.928 on January 1st 2019 to $1.830 on December 31 2019. However, it is worth monitoring our Factom price prediction algorithm: Factom might still have investment potential if not short term in 2020, 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 $1.93, its circulating supply is 8 839 763 FCT. Our algorithm predicts that based on historical data Factom price will be at $2.33 in 1 week and $2.70 in 1 month. Our deep learning algorithm predicts the FCT price will be at $5.73 in 6 months. Analysis of the cryptocurrency market shows that Factom price may reach $12.00 by 1st of January 2021 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 $10.82 in 2020, $12.00 in 2021, $12.67 in 2022, $14.54 in 2023 and $16.17 in 2024.
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 $5.73 and lowest possible predicted price is $4.32.
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 $1.93.
What is the current market capitalization of Factom (FCT)?
The current market capitalization of Factom is $17 079 003.
What will be the price of Factom (FCT) Tomorrow?
Our algorithm forecasts that the price of Factom will reach $2.05 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 $10.82.
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 $16.17 by 2023.
Is Factom (FCT) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Factom now.
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!
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