When trying to make a PinkCoin forecast, many traders also try to monitor the activity of PINK “whales”, which are entities and individuals that control large amounts of PINK. Since the PinkCoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on PinkCoin’s price movements. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the PINK price.
Through the Donate4Life donation campaign, PINK holders can choose to stake their donated coins, and give the causes they want to support the rewards generated from staking, providing continuous funding. From a technical perspective, Pinkcoin combines proof-of-work and proof-of-stake consensus models. In addition to the project’s focus on donations, Pinkcoin can be used for cheap and fast peer-to-peer transactions, just like any other cryptocurrency. COIN’s value is expected to continue to expand, as shortage tends to encourage price rise. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
Does Pinkcoin have a future?
Since COIN is traded on a supply-and-demand basis, its value fluctuates drastically. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. The 200-day SMA is calculated by taking Dot Finance’s closing prices in the last 200 days, adding them together, and dividing the total by 200.
- The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
- If you would like to know where to buy Pinkcoin at the current rate, the top cryptocurrency exchange for trading in Pinkcoin stock is currently SouthXchange.
- Unfortunately, you can only get PINK tokens on some crypto exchanges.
- Based on multiple technical quantitative indicators, the current forecast for Dot Finance in 2023 is bearish.
- The Pink BNB price prediction for 2025 is currently between $ 0.0₈4872 on the lower end and $ 0.0₇1964 on the high end.
Investors should be cautious of coins with missing data, as it makes a proper evaluation difficult. The 14-day relative strength index (RSI) is currently at 33.66, indicating Natural conditions in the market without being oversold or overbought. Similarly, the weekly chart’s relative strength index (RSI) is at 34.85, also indicating natural conditions in the market.
Pinkcoin Price Prediction Chart from 2023-2050
The information contained on this Website is provided for general informational purposes only. All predictions on the website represent a possible price development of cryptocurrencies, but they are just predictions, not trading signals or any recommendations. The website may include advertisements and other promotional content, and CryptoPredictions may receive compensation at no extra cost to you from these ads.
According to our current Pink BNB price prediction, the price of Pink BNB is predicted to drop by -7.28% and reach $ 0.0₈2319 by August 15, 2023. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 53 (Neutral). Pink BNB recorded 29/30 (97%) green days with 107.28% price volatility over the last 30 days. Based on our Pink BNB forecast, it’s now a good time to buy Pink BNB. According to our Pink BNB price prediction, PNB is forecasted to trade within a price range of $ 0.0₈2501 and $ 0.0₈2542 this week. Pink BNB will increase by 1.61% and reach $ 0.0₈2542 by Aug 14, 2023 if it reaches the higher value target.
Will PinkCoin price drop / fall?
If it reaches the upper price target, PNB could increase by 73.11% and reach $ 0.0₈4330. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.
Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of PNB. The market capitalization of Pink BNB can change significantly in a short period of time. Based on our algorithmically generated price prediction for Pink BNB, the price of PNB is expected to decrease by 10.07% in the next month and reach $ 0.0₈2753 on Sep 9, 2023. Additionally, Pink BNB’s price is forecasted to gain 62.54% in the next six months and reach $ 0.0₈4065 on Feb 6, 2024. Finally, Pink BNB is expected to trade at $ 0.0₈5371 on Aug 9, 2024, following a 114.72% value decrease in one year. Trading and investing in digital assets is highly speculative and comes with many risks.
COIN Price Prediction 2027
If you extrapolate the data projections, you can get a potential picture of the future Pink BNB price for 2022, 2023, 2024, 2025, 2026, and 2027. Because Pinkcoin has strong fundamentals and a lot of people are invested in this cryptocurrency, we predict that the future for PINK looks promising. The total circulating supply of Pinkcoin at the time of writing is 466,910,712 and the market cap of PINK remains at $156.46K. Historically aerm coin the price of PINK last day of August was above the open price four times out of 10, and 6 out of 10 the price was lower than the price at the start of the month. The best month for Pinkcoin has been May for the last ten years, five times the price of PINK at the end of May was higher than the price at the start of the month. The worst month is July, six times out of 10, the price at the end of July was lower than starting price.
- Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition.
- What happened was that someone exploited a bug on their platform which allowed them to get a hold of 51% of mining power.
- Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.
- So far, users have donated over 25 million PINK coins towards various charities and initiatives ranging from humanitarian relief, education funding, environmental charities and more.
According to the latest data gathered, the current price of COIN is $0.10 and $COIN is currently ranked #8532 in the entire crypto ecosystem. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. According to our historical data, it is currently profitable to invest in Pink BNB.
It consists of a pool of charities that the platform has partnered with, and all generated coins will go to these charities. When you donate to Donate4Life, your donation will keep staking itself to increase its funds overtime. This is used to make sure that your funds will forever supply a charity of your choosing with income. Around 95% of the coins that the charity pool earns will go to the charity, while the rest will be used for management of the coin. PinkCoin uses a mixed Proof of Stake (POS) and Proof of Work (POW) mechanism along with a Flash Proof of Stake (FPOS) mechanism.
According to our Pink BNB price prediction, PNB is forecasted to trade within a price range of $ 0.0₈2175 and $ 0.0₈5756 next year. Pink BNB will increase by 130.14% and reach $ 0.0₈5756 if it reaches the higher value target for 2024. The Pink BNB price prediction for next week is between $ 0.0₈2542 on the lower end and $ 0.0₈2552 on the high end. Based on our PNB price prediction chart, the price of Pink BNB will increase by 0.41% and reach $ 0.0₈2552 by Aug 21, 2023 if it reaches the upper price target. Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
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The principle behind the system is that people would stake their PINK coins, and all returns they get from staking it would go to charity. Shortly after launch, the lead developer abandoned the project, but a passionate community didn’t want to see Pinkcoin end. A group of community leaders united to work on the platform, and Pinkcoin managed to survive and get listed on Bitrex and Poloniex. The platform had its ups and down through the years, but it didn’t quit with their philanthropic endeavors to bring cryptocurrency to charities. Pinkcoin is a cryptocurrency that’s designed for donations and charitable causes. So far, users have donated over 25 million PINK coins towards various charities and initiatives ranging from humanitarian relief, education funding, environmental charities and more.