Sumokoin Price Prediction
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Today's ForecastsSumokoin(SUMO) opened trading today at $0.31. It achieved a Market high of $0.31 and a subsequent Market low of $0.03, Representing a change of $-0.25 and price percentage change of -81.19% . Its current Price is $0.06 representing a market share of 0.00% only.
A total volumn of $63 worth of Sumokoin traded hands today, achieving a Maximum Market Cap of $523,145 for the day.
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The Bull Case 🐃 for Sumokoin
Many people are looking to invest in digital assets (including Sumokoin) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Sumokoin as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Sumokoin has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Sumokoin is currently trading around $0.06.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of Sumokoin
Sumokoin is a Proof of Stake cryptocurrency forked from Monero. It is a privacy-driven cryptocurrency in which Ring Confidential Transactions (RingCT) are eliminated and the minimum transaction mixins is set to 12, thus providing a truely fungible cryptocurrency.Visit website open_in_new
SUMO Trading Stats for Today - 2020-01-02 04:41:26 +00:00 GMT
|Current Supply||8,946,653 SUMO|
|Total Supply||88,888,888 SUMO|
|24h Volume (coin)||1,074 SUMO|
|24h Volume (currency)||$63|
|Last updated||2020-01-02 04:41:26 +00:00 GMT|
Other Price Forecasts similar to Sumokoin(SUMO) :
Common SUMO Price Prediction Questions
What is Sumokoin’s potential future value?
SUMO's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Sumokoin is and what it does. This is because Sumokoin's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can SUMO make you one?
What is going on with Sumokoin's price?
In order not to be too rattled, read our Fundamental analysis above on Sumokoin to know if it’s a good hodl.
How high will Sumokoin go?
No one really knows for sure. We however predict SUMO might be 4x by end of 2019. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
Why is Sumokoin(SUMO) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Sumokoin to see its expected value. You can also visit Sumokoin's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Sumokoin website page will quickly provide you with that value.
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Why is Sumokoin's price going down?
It’s difficult to tell right now as the daily SUMO candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Sumokoin's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Sumokoin, Simple click the Social Button on this page, located immediately below the Price Charts.
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SUMO Live Prices Data
Sumokoin Daily Price History
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