The value of this blockchain project revolves around time. Everything within the platform is based on it, including the way it is minted. Instead of the normal proof of work procedure where resources are used to mint new coins, in this instance, time is used instead as the "hashing power".
Likewise, the developers envision their platform being used as a financial instrument where time is the trigger, and it can then pay others based on these algorithms in the form of late fees, interest or other incentives.
The Chronologic forecast that our computer has created points to several events that investors may want to check before they invest here. This asset has proven to be particularly volatile in the past, and that makes it all the more important to keep an eye on the news to make sure you will not be making any trades that you will regret. Be sure to not only compare future and past happenings but to also make note of where the current chart is going and be careful of volume spikes.
Our short-term Chronologic prediction shows a significant investment opportunity for day or swing traders who are looking to get in on this particular asset. If you view the calendar, then you can get the specifics of the events which will transpire, and you can then try to gauge what their price performance will be.
Our computer has of course done some of that work for you, making it much easier to see the big picture and plan your entries and exits appropriately. It's important to plan these things ahead of time so that you don't make dangerous emotional decisions which will negatively impact your investments.
DAY has experienced a hard dip like most other cryptocurrencies, dropping off from a previous value of $12 per token. The supply for this particular asset is very low, and if this cryptocurrency catches on, then investors can expect the value to rocket back up to this position quickly. It doesn't seem unlikely that it could reach double this amount in the coming years.
The problem with DAY is that its mechanism is more or less a novelty. There's no reason why smart contracts on more established networks could not accomplish the same thing. Unless they come up with something a little more unique as a use case, there could be some great difficulties with adoption here for this currency. Ethereum based contracts are already too established in this area.
It does not seem likely, they have a large team of people who have successfully started other blockchain projects and businesses. They also have a good number of investors who are helping to keep the project afloat and provide much-needed capital in their infancy. It seems probable that they will stick around for the long haul.