PVX is a bitcoin based coin that is used to make any kind of online transactions privately. The platform is decentralized thus it is secure and fast. PIVX is one of the most promising coins in the cryptocurrency industry. At the time of writing, its price is at $2.61 which is of course not the highest it has achieved.
Having been launched in February 2016, it has steadily grown until when it hit its All Time High of $13.75 on January 11th 2018. It was after this date that the overall market has seek a massive market onslaught which has resulted from stiff opposition from centralized institutions. It has seen the bog market players lose more than 60% in that period.
Does PIVX coin has any future?
Amidst these tough market conditions, there are coins that have caught the eyes of the investors. PIVX is one of these coins. PIVX is one of the cheapest coins that have high circulating supplies. Once the market stabilizes, the price of PIVX will have start to rise again.
The price prediction of a coin is influenced by their current circulating supply and the roadmap that guides the different phases of the coin. Currently there is only one true PIVX competitor and that is the Dash coin. As a matter of fact, there are several PIVX team members that are from Dash. We have seen the price of Dash surpass the $1000 mark and the same team can lead PIVX to the same price.
Factors that will cause a price increase.
Listing of the coin in major exchanges.
PIVX has a bright future because, at the time of writing, it was recently listed to two big exchanges, namely Binance and Bittrex among other sites. This listing will facilitate more exposure to potential investors and as more people buy the coin, the price is set to increase.
In cryptocurrency industry, PIVX has one of the largest communities and this is an important fundamental in the market performance of the coin.
As per every day and month price prediction, the rate of PIVX coin is expecting to cross some decent value in the next year. PIVX price will hit its milestone price with the stable rate of growth.
The volatility of the cryptocurrency industry has a lot of influence of all the coin prices but if all factors remain constant, crypto analysts estimate that:
- The PIVX price is predicted to reach $9.58 by the beginning of July 2018.
- The PIVX price is predicted to reach $9.99 by the beginning of August 2018.
- The PIVX price is predicted to reach $10.40 by the beginning of September 2018.
- The PIVX price is predicted to reach $10.80 by the beginning of October 2018.
- The PIVX price is predicted to reach $11.18 by the beginning of November 2018.
- The PIVX price is predicted to reach $11.57 by the beginning of December 2018.
Despite the above predictions, they will only materialize if the crypto space becomes favorable and with the recent listing on major exchanges, the price is set to go up.