Purk Price Prediction

Monetizing websites has always been a problem for publishers who constantly deal with pushback from visitors, but also from being blocked from certain advertising networks based on their content. If an ad network finds the user's content to be skirting a legal grey area, then it can be difficult for them to monetize.

This platform allows for these webmasters to instead forego ad networks entirely by allowing visitors to anonymously donate directly with cryptocurrency. Typically, microtransactions are too expensive to process on fiat networks, but with cryptocurrencies, that can become a reality.

At this time, however, it is difficult to formulate a Purk prediction based on the data that we have. Presently, this asset is available on only a few minor exchanges. Interested investors might stand to make a substantial gain on a new coin if they are willing to wait it out for better activity though.

How high can PURK price go?

Our Purk forecast indicates that this asset is still trading very under the radar. Therefore, not a lot of price data is available. If we take just the supply data, we can see that there is not a huge amount of coins in circulation. However, we must also asses the desire for this particular coin and the use case before we can come to any conclusion on the future value of the asset.

Unfortunately, the nature of this particular coin will lead to an excess of market supply. This is meant to be a token for donating to other users, and that means that these webmasters will likely quickly swap these for a more accessible coin as soon as they are received. For this reason, investors can expect a lot of downward pressure here, and it may be difficult for this coin to hold a value of more than a few cents at a time. Considering the current value though, that may still result in a significant return in a year or so, but the long-term value is iffy.

What could go wrong with Purk?

There are already several other platforms looking to do the same thing, and many of them have greater backing and branding than this one does. This could be a real problem for the development team, and it could be hard to convince webmasters to accept donations in a relatively unproven currency when it's just as easy for them to accept ones with more reach.

Is there a chance that PURK will be abandoned?

This asset had issues with miners immediately, and that's a red flag that there could be more problems with them in the future. While it's possible that they could stick around, it seems unlikely.

The project will likely find great resistance thanks to the other similar platforms already available. If they can get more merchants to accept their coins for goods, then that would be a great start, but even legacy currencies are still having trouble in this department.