By Leah Hutton (Luxembourg)
Lisk (LSK) is a platform that is built on its own Blockchain algorithm founded by Oliver Beddows and Max Kordek in 2016. The Lisk is providing a golden opportunity for developers to create an application with full flexibility of customization that will be based on sidechain connected to the main net of Platform. Its market cap crossed the mark of $1,000,000,000 in November and joined the resilient digital assets standing at the top positions.
Lisk News and Events
The developrs team of the coin is very efficient and consistently working to improve the structural operating framework of the platform. The latest news about its development innovation reveals about their new project:
LiskBuilders never sleep – we have a first proof-of-concept app based on our Alpha SDK in the works LiskCenter. Marc aka @blockchain030 started Lisk Bike, a #blockchain-based GPS tracking lock for bike rental.
The official account of Lisk tweeted in which they announced its upcoming event that is going to take place today.
#Lisk has arrived at #Blockchance in Hamburg. Head of Business Development Matthias, Head of Operations Lothar, and Legal Counsel Frederik are on the conference ground today and tomorrow. If you want to schedule a meeting, get in touch with us.
Statistical Data
The market capitalization of token counts $138,944,759 USD and 13,731 BTC. The 24-hour volume is plunged to the value of $2,509,675 USD and 248.02 BTC. The 119,363,285 LSK tokens are circulating in the markets out of total supply 134,459,698 LSK.
Also read:Price Value of Lisk
The $1.16 is the price value of Lisk (LSK) at the time of writing while the coin is standing the market rank of 44.
Comparison
If we compare the current value of token with the value on 1 January 2018, we came to know that the price dived into the downtrend continuously. The tag price at the start of 2018 was clung at $33.31 but the current value is standing at $1.16 that is very low as compared to $33.
Price Prediction of Lisk
Based on the data of the previous 30 days the token is dipped in the bearish trend but some recovery is noted in 24 hours with an increase of 2.17% in the price value. According to the technical analysis of coin, the price will further go down to the mark of $0.568 in the next one year. As clearly shown in the chart given below, the long-term trend is not in favor of token.
Source: Walletinvestor.com
Conclusion
Besides some short-term recovery in the trend line, the forecasting signals the coming bearish trend of Lisk (LSK).
What is your prediction about the price of the coin? Let us know in the comment box
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