FeatherCoin Price Prediction

FeatherCoin (FTC)

Last Price

$0.01833

Market Cap

$3,618,825

Event-based Forecast Algorithm

Our unique event-based FeatherCoin prediction overview is reporting that FTC value is going to weaken and will be -18.1% approaching towards $0.015012 by 07-15-2021.

There's 1 scheduled occurrence that was valued while forming this FeatherCoin forecast. The algorithm has processed 6887 global events that occurred in the cryptocurrency ecosystem in the past to measure the correlation in price change associated with every event classification.

As estimated by the event-based evaluation your 1000$ worth FTC portfolio may be $819 by 07-15-2021.

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Price-based Forecast Algorithm

The latest rate of FTC is $0.01833. At this point the FeatherCoin price prediction algorithm is proposing that within the next day FTC price will be +9.3% moving to $0.020035, in 7 days +1% approaching $0.018513, in one month +79.5% moving to $0.032902 and in 3 months -100% making its way to $0. The Long-term forecast is displaying that FeatherCoin will be reducing in price.

While creating the FTC price prognosis our script has noted that for the last 180 days the maximum cost of the coin was $0.03382, and the smallest was $0.01205. At this moment in time FeatherCoin is in #2507 place by market capitalization, having 0.00% overall of cryptocurrency capitalization and 0.00% relative to the altcoin market.

There are 205799893 FTC circulating on the market at this time with a total supply of 336000000. New coins are being minted with the PoW mining type based on the NeoScrypt algorithm.

What may happen if you decide to invest $1000 in FTC now? The FeatherCoin prediction tool deduces that in 24 hours the pricing of your investment may be $1093, in 7 days it may be $1010, in one month it may be $1795 and in 3 months it may be $0.

FeatherCoin is an older cryptocurrency developed in 2013 as an alternative to Bitcoin. At the time it would have been faster and cheaper option, but between then and now many other cryptocurrencies have taken that crown.

While there are still a good number of dedicated holders of FTC, there's not much else here other than being a currency, and they do not have any adoption, which severely limits its usage for the user.

Our FeatherCoin prediction reveals some troubling news for both current and potential investors. While this asset has noticed some substantial peaks over the years, the excitement has died down, and now there seems to be a lull in activity from the development team.

This could, of course, be bad news for investors, and you should make sure to investigate the project thoroughly before throwing any money at it. Sometimes cheap coins just stay that way.

How high can FTC price go?

Using the data from our aggregator, it seems unlikely that the price of FTC will be spiking in the short term, and it may not be likely in the long term either. There's limited event activity currently, and based on the information we've collected already, our computer feels that this coin will go down in value. This loss could be substantial in the short term, and you may want to do some chart reading before you put any money in here.

As for the long-term FeatherCoin forecast, there does not seem to be much here to indicate positive trends. While once there was a strong community, it seems development has slowed here, and there's no news to bring about pricing changes. While there is always a possibility that the price could spike in a few years again, that prospect seems unlikely.

What could go wrong with FeatherCoin?

FTC has no utility, and that is pretty much required these days to attract the attention of investors. Coins with no purpose are quickly being abandoned, and people are not as quick to buy into projects with little or no use case.

It has struggled to gain adoption, and seeing as its only use case is as a currency, that's a problem. They've been around since 2013, and still you'd be hard pressed to find anyone willing to accept it for any goods or services.

Is there a chance that FTC will be abandoned?

While it is possible that the current developers will leave the project, it doesn't seem likely that it will be completely abandoned. The coin is quite old now, and they have established a loyal fan base. It's likely that even if the entire team were to leave, one of them would see fit to pick it up and continue to develop it.

This happens many times in community projects, and it's possible that they may even fork or coin swap it in the future in order to bring additional functionality to the coin that it currently lacks.