Review on OracleChain by Benaiah A. Akinlade
The good prospect of OracleChain
OracleChain (OCT) is a cryptocurrency token and operates on the BitShares platform
OracleChain ranks number 1192 currency in cryptocurrency circle and it has a total coin supply of 200 million.
OracleChain investment analysis
A current OCT value is $0.035865. As per the OracleChain analysis, today the investment has a 3.0 out of 10 safety rank and +41.7% expected ROI with the cost moving to $0.05083. The strongest ranking factor for this cryptocurrency is User Voting.
To estimate the ROI that can be acquired from the OracleChain investment in 2020 the algorithm has analyzed the daily prices of the crypto asset for the past 6 months.
There is a strong opportunity that OCT can hit near to an all-time value once again in the future.
A recent analysis tool used graded OCT on the place number 849 out of 2846 coins by the safety rank.
Pros
- There are encouraging numbers in it’s market value
- The coin has good prospect
Cons
- It is relatively new, so it is not well tested and it will be a high risk investment
New products
Comments (1)
January 28, 2021
The token's value is very low and does not appear to be risky to invest. However, despite this, the daily trading volume is very low, possibly the number of users may be very low. For this reason, the project probably will not last long.
