Blocknet is a platform that bridges cryptocurrencies together. It essentially creates atomic swaps for any blockchain project. This allows any cryptocurrency to communicate with another one, and it allows the users to exchange value with each other regardless of what their underlying protocol is. Unlike using an exchange, these users do not ever have to give up the security they have when holding their own tokens. There's no central authority to take control of their assets.
Our computer algorithm has identified some very profitable events for this project that investors may want to learn about. By using various data we've created a Blocknet prediction which you can view above. This provides a view into both the short term and long term potential valuations of the coin, and it explains the events which will soon transpire. If you're interested in generating returns on your cryptocurrency investments, then keeping up with news and announcements is a must.
In the short term, our Blocknet forecast predicts that investors will see a substantial return on their money. This project is under heavy development, and there are several key announcements coming down the pipeline which will be occurring soon. If you look at the chart, you can also see past events and what effect these occurrences had on the price. Use these past timeline events as a comparison to plan your entry and exit points in the market.
If instead, you're more interested in long-term gains, then there's good news here as well. Investors who can hold on for at least two years have the potential to see even bigger gains. This asset has a very small supply, and if the demand increases, then the price for this coin could quickly be pushed up.
Previously, it achieved a high price of almost $50, and that number could surface again in the future if you are patient enough to wait for it. They are offering a valuable service that many blockchains will likely desire, as it gives new functionality even to legacy chains like Bitcoin.
The most likely problem BLOCK faces is that nobody will want to use it. While they don't have much in the way of direct competitors, it is difficult to change the way people do things. It's entirely possible that fans of these existing blockchains will not see a use for the idea and continue to do things the way they always have.
There is some possibility that BLOCK will be abandoned. This is a community project with a rather small team, and if the main developer were to leave, then it's possible that the project would fall apart. It also seems unlikely that these members are being paid, and that could cause a lull in development if some members do not have enough free time to complete the work required.