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Price Analysis

Lisk Price Analysis: Will Lisk’s (LSK) dApps and Sidechains Lead The Way?

  • Has one of the best development teams in the crypto market.
  • Created with mass adoption in mind

Lisk (LSK) is a popular platform with developers known for using JavaScript and for creating dApps with the use of sidechains. Lisk has been in the news for its key tie-ups, which has made investors take notice of it.

Lisk Price Current Statistics:

On June 13, 2019, statistics at 6:23:40 UTC is as mentioned below

Lisk Price Chart  - 13 June

  • The market price of LSK is $2.07; price change has been to the extent of -0.48% from the previous close
  • Current market cap is $242,772,811
  • ROI is a low 1.36%, still Circulating Supply for the coin is a sound 117,684,710 LSK
  • 90 Day High/Low $2.43 /$1.48

Lisk Price Comparison:

Over the past three months, the price of LSK was trading as high/low as $2.43 on May 16,2019/$1.41 on March 14, 2019. The price movements have been to the tune of -14.81%/ 46.81% as compared to the current day’s price of $ 2.07. This shows that LSK is slowly inching towards its 90 Day high price, this being a good sign for the LSK user base and investors looking for long term investment.

Lisk Price Prediction:

Its key partnerships with Microsoft Azure, ShapeShift, and others have helped gain investor’s attention. Also, it has been on the coins, which have shown great stability during times of continual price volatility in the year 2018. LSK is a versatile platform created with mass adoption in mind, and developers love it for ease of its use. One of the most user-friendly platforms with lightning transaction speed, which is making investors curious about the developments in the coin. Having a great development team also adds feathers to its cap. In recent times the price has been fluctuating in the range of $1.50 – $2.20 indicating that it is moving in a stable manner. The current trend is set to continue, and analysts predict a bull run for the coin in the short and long term. They say the price could be anywhere in the range of $2.50 -$4 by the year-end.

Conclusion:

However, investors should tread their path with caution, keeping all factors in mind. It would be better for existing investors to hold it for a long haul. Its sound technology should help it sail through. LSK’s dApps and side chains should lead the way for a bright future for the coin.

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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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