It’s true that USD Coin was a great disappointment for investors in 2019. USDC price went down from $1.016 on January 1st 2019 to $1.009 on December 31 2019. However, it is worth monitoring our USD Coin price prediction algorithm: USD Coin 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, USDC might be the coin to watch closely now.
The current USD Coin price is $0.995404, its circulating supply is 681 123 116 USDC. Our algorithm predicts that based on historical data USD Coin price will be at $0.990808 in 1 week and $0.966158 in 1 month. Our deep learning algorithm predicts the USDC price will be at $1.19 in 6 months. Analysis of the cryptocurrency market shows that USD Coin price may reach $1.77 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 USDC will stay around $1.39 in 2021, $1.77 in 2022, $2.53 in 2023, $4.05 in 2024 and $7.09 in 2025.
While creating the USD Coin prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $1.19 and lowest possible predicted price is $1.18.
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 USD Coin has the potential to stay within "survivors" team. Our USD Coin 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 USD Coin Price Prediction Forecast Tool to get daily, weekly, monthly and yearly USD Coin forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of USD Coin (USDC)?
The current price of USD Coin is $0.995404.
What is the current market capitalization of USD Coin (USDC)?
The current market capitalization of USD Coin is $677 992 967.
What will be the price of USD Coin (USDC) Tomorrow?
Our algorithm forecasts that the price of USD Coin will reach $0.980808 tomorrow.
In 1 year from now what will 1 USD Coin be worth?
As per the forecast and algorithmic analysis, the the price of 1 USD Coin will be around $1.39.
Is it profitable to invest in USD Coin (USDC)?
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 USD Coin (USDC) as a short term investment. USD Coin can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will USD Coin be growing in the Future?
USD Coin is potentially one of the most profitable among digital coins.
How high can the Price of USD Coin go?
Our algorithm forecasts that the price of USD Coin will reach $7.09 by 2023.
Is USD Coin (USDC) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy USD Coin now.
I don’t know about everyone else in here, but Tether scares me. I have no idea how anyone using USDT sleeps well at night knowing that their stablecoin of choice is literally under subpoena by the New York Attorney General. That’s such a huge blow to the crypto community, but we’re the one’s to blame since we’ve put up with USDT’s nonesense for so long. It’s time to make the switch and move on from these shady practices. I for one only use USDC when transitioning from Fiat to Crypto - or vice versa. There’s no point in risking my money with anything else, and USDC is verified to have assets backing it. Until USDT cleans up its act, the best coin to use is USDC.
Now that’s what I’m talking about. A stable coin that’s actually staying put at 1.00. Just a buck! Finally, a coin that isn’t fluctuating like Tether has done so many times in the past. Not too long ago, USDT went all the way below .80 cents. That was a disaster for the entire Stable Coin movement, and it’s refreshing to see USDC holding steady. These coins are our best bet for a crypto-fiat option because we can’t easily convert crypto to useable money. By having these options, we can park and move our crypto into dollar backed coins to then move off the exchange and into our bank accounts. This is the adoption that needs to be celebrated.
USD coin is another example of why stable coins aren't going work. They fluctuate way too much to ever be a good transitional currency. How can you trust your funds in a coin that moves 2-4% in a day? You can't. This isn't how fiat currencies operate and this is a huge hurdle for the adoption of cryptocurrencies. We may have to wait for a new type of stablecoin. The only viable stable coin that I can think of is DAI.
|Price, USD||24h||7 days|
|UNUS SED LEO||1.010||-1.73%||-2.55%|
We publish the most accurate USD Coin Forecasts and News including crypto industry experts' opinion on a daily basis