It’s true that Insight Chain was a great disappointment for investors in 2019. INB price went up from $0.298660 on January 1st 2019 to $0.534645 on December 31 2019. However, it is worth monitoring our Insight Chain price prediction algorithm: Insight Chain 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, INB might be the coin to watch closely now.
The current Insight Chain price is $0.607824, its circulating supply is 349 902 689 INB. Our algorithm predicts that based on historical data Insight Chain price will be at $1.22 in 1 week and $1.22 in 1 month. Our deep learning algorithm predicts the INB price will be at $0.842132 in 6 months. Analysis of the cryptocurrency market shows that Insight Chain price may reach $2.17 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 INB will stay around $1.20 in 2021, $2.17 in 2022, $4.05 in 2023, $7.80 in 2024 and $15.30 in 2025.
While creating the Insight Chain prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.842132 and lowest possible predicted price is $0.800804.
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 Insight Chain has the potential to stay within "survivors" team. Our Insight Chain 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 Insight Chain Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Insight Chain forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Insight Chain (INB)?
The current price of Insight Chain is $0.607824.
What is the current market capitalization of Insight Chain (INB)?
The current market capitalization of Insight Chain is $212 679 088.
What will be the price of Insight Chain (INB) Tomorrow?
Our algorithm forecasts that the price of Insight Chain will reach $1.22 tomorrow.
In 1 year from now what will 1 Insight Chain be worth?
As per the forecast and algorithmic analysis, the the price of 1 Insight Chain will be around $1.20.
Is it profitable to invest in Insight Chain (INB)?
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 Insight Chain (INB) as a short term investment. Insight Chain can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Insight Chain be growing in the Future?
Insight Chain is potentially one of the most profitable among digital coins.
How high can the Price of Insight Chain go?
Our algorithm forecasts that the price of Insight Chain will reach $15.30 by 2023.
Is Insight Chain (INB) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Insight Chain now.
INB has been pumped enormously in mid-December, which, as I suspect, has some funny smell to it. But then I checked the market cap and the trading volume of Insight Chain ($189 thousand and a laughable $179, respectively) and everything became clear. Also, this coin is traded only on Livecoin exchange, which makes it a perfect candidate for price manipulation.
If you want to see a classic illustration of a pump-and-dump scheme, then check out the Insight Chain chart. On July 27th, one INB was trading at a price of around $0,3 per coin. 24 hours later, the coin got pumped to $2,4, having recorded an even heavier pump against Bitcoin. Another 24 hours have passed and ING was back to its usual $0,3 per unit. That was a textbook market manipulation. No wonder, given that this coin is being traded mostly on one cryptocurrency exchange - DragonEX.
It appears that Insight Chain is gearing up for another pump-and-dump, which had already happened once this June when the price of INB had skyrocketed to $4 in a matter of hours, and then crashed as fast to its usual levels of $0.3 per coin. Now, it's up 5% in a day whilst the rest of the market is largely red. I am not suggesting that one should go and buy a ton of INB and await the trip to the "moon". It just shows that the sole purpose of this particular cryptocurrency is to be a part of some scheme.
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