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Price Analysis

Lisk (LSK) Price Analysis: Will Lisk See The Road At The End Of The Tunnel?

  • The use of JavaScript and ‘dapp creation’ kit is a major attraction for the developers
  • Introduction of ‘sidechains’ makes LSK enjoy infinite scalability and higher security
  • Key partnerships with Microsoft Azure, ShapeShift and others have attracted investor’s attention
  • The current rank is number 39

Lisk is a versatile blockchain platform written in JavaScript that allows developers to create their dapps on top of sidechains. The platform is very user-friendly, easily accessible, and has been created with mass adoption in mind. A good bet in a bear market, as can be seen from its standing in the 2018 crypto market crash, where the coin shone like a rising star.

Lisk Price Current Statistics:

On June 10, 2019, current statistics at 5:55:00 UTC is as below

Lisk Price Chart - 10 June

  • The market price of Lisk is 1.92 USD
  • Current market cap is 228,419,463 USD
  • Though the ROI is at -4.56%, the Circulating Supply is a healthy 117,606,314 LSK
  • 30 Day High/Low=2.43 USD/ 1.74 USD

Lisk Price Comparison:

Over the past month, the price of Lisk was trading as high/low as 2.35/ 1.88 USD. The price movements have been to the tune of -18.30% / 2.12% as compared to today’s price of 1.92 USD. Lisk price has been slowly and steadily moving upwards with slight fluctuations. The price is poised to get steady in the long run.

Lisk Price Prediction:

Lisk has one of the best developer teams who are constantly working on bringing in more enhanced features. Though 2018 was a bad year for the cryptocurrencies worldwide, Lisk was stable and stood its ground. Key collaborations with industry leaders have also aroused the interest of investors. They are now showing renewed interest in the value of Lisk virtual currency. Analysts are bullish on the coin in the short term and predict that the coin will see a price to the tune of 3 USD towards the year-end. For the medium term through a bearish future is predicted. In spite of this, Lisk continues to show strong potential.

Investors should not consider this as a deterrent and should invest in the coin from a long-term perspective. Existing investors should hold the coin as the supply of LSK coin is limited, and with the shortage of coins, the price generally tends to rise. The coin has always used every opportunity to grow back, so this is a good time to buy it before another Bull Run takes it even higher.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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