0chain Price Prediction

0chain (ZCN)

Last Price

$0.1206

Market Cap

$47,574,223

Event-based Forecast Algorithm

Our specific event-based 0chain prediction analysis is forecasting that ZCN price is going to spike and will be +49.5% reaching towards $0.180297 by 01-10-2020. The soonest event for 0chain will happen on 06-29-2019 and until this event the value per coin will be +5.2% moving to $0.126871.

There's 6 planned events that were counted while making this 0chain forecast. The tool has scanned 6887 global occurrences that happened in the cryptocurrency community in the past to estimate the correlation in value change connected with each event groups.

As suggested by the event-based evaluation your 1000$ worth ZCN portfolio may be $1495 by 01-10-2020. This prognosis was formed on the 8 past 0chain occurrences.

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Price-based Forecast Algorithm

The latest cost of ZCN is $0.1206. At this time the 0chain price prediction algorithm is calculating that tomorrow ZCN price will be -11.6% moving towards $0.10661, in 7 days +12% on the move to $0.135072, in one month +34.6% on the move to $0.162328 and in 3 months -96.6% moving to $0.0041. The Long-term forecast is displaying that 0chain will be reducing in value.

While calculating the ZCN price prognosis our tool has revealed that for the duration of the last 180 days the largest market price of the coin was $0.2935, and the lowest value was $0.05838. At this moment 0chain is in #154 place by market capitalization, having 0.00% overall of cryptocurrency capitalization and 0.00% relative to the altcoin market.

There are 400000000 ZCN circulating on the market at the moment with a total supply of 400000000.

What may occur if you decide to purchase $1000 in ZCN now? The 0chain prediction script deduces that tomorrow the pricing of your investment may be $884, in 7 days it may be $1120, in one month it may be $1346 and in 3 months it may be $34.

It is the first ever blockchain based cloud for Dapps, IoT and other data for storing and managing their smart contracts and other off-chain data. It is the first of its kind because currently, all such information is stored on the centralized clouds which expose the valuable and costly information to the hackers and cost significantly more than what this ecosystem offers.

The domain of this platform is widespread since the business model is not restricted to any geographical proximity which makes it highly favorable for gaining success on the exchanges. The technology uses parallel chains which ensures that smart contracts get executed without any delay or dependence.

It gives an added advantage to the businesses where they can focus their energies on improving policies and strategies instead of getting worried about where to store their data. Anyone can use this scalable cloud by just purchasing the tokens, and the system will determine and calculate the space one can utilize.

The conventional blockchain is not scalable and the cost of consensus is very high which is not feasible for the IoT devices. Keeping in mind the available information and the efficient use of technology to offer a unique solution for off-chain data storage, it could be confidently said that the coin will grow in the future, however, it will be a gradual growth.

How high can ZCN price go?

Predicting digital currencies is one of the most challenging tasks because of their highly volatile and speculative nature and same holds true for 0Chain prediction. It has been witnessed that even the well-performing ones are not backed up by a feasible business model and similarly, there are coins which get huge success despite having a vague business model.

So, it is hard to figure out the logical factor which determines the future of a cryptocurrency. To keep things straight, our observation is based on the provided information and it seems that ZCN will grow about 5x its current value in the near future.

What could go wrong with 0Chain?

One thing that seems to be bothering its progress on the exchanges is its highly technological theory which will make it hard for the traders to understand. As the trend goes, the first thing that traders notice before investing in any coin is its underlying business model. Based on this fact, it is likely that initially, the growth might be steady but it will catch pace as it gets known to more investors.

Is there a chance that ZCN will go broke?

The probability of success and failure for digital currencies is mostly based on how it is received by the traders in its initial phase of launching and how the team markets the product. The blockchain solution that it provides will determine how long it sustains in the market. The positive thing is its uniqueness in terms of the utility that it provides to its users.

It doesn’t seem that ZCN will go broke in the coming days. Traders must not base their decision solely on this 0Chain forecast, and it is recommended that they do their own research before investing in digital currencies.