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Linda coin cryptocurrency appeared on the 1st of April 2018 and started a steady rise to the top of coinmarketcap.com with price above $20 dollars, peaking at $47 on the 29th of April with a market capitalisation of over $3 billion. Then on May 3rd it collapsed to $4.6 billion and a daily market volume of only $15 million per day. How did this happen?
What is Linda?
Linda is a decentralized virtual currency whose blockchain uses the two most popular consensus protocols – PoW/PoS. It is peer to peer and transparent. There are no intermediaries involved in the process, including exchanges or investors. All stakeholders have a say and all decisions are made transparently, making it difficult for an outsider to spoof or manipulate transactions. In addition, it has the advantage of reaching its target price within a matter of seconds compared to some other cryptocurrencies listed on exchanges today. This means there are less opportunities to make money by manipulating prices and cherry picking coins.
LINDA price history
You should pay close attention to daily volume spikes, as they can have a big effect on the short term price of a cryptocurrency.
Volume is the amount of a stock that has been traded, and rising volume can be a good indicator that the stock will continue.
Will LINDA rise today?
While you should consider various factors before investing in any next big thing, most experts agree that Linda is not a long-term. For instance, the value of LINDA is $0.000943, but it’s possible that in a few years. Linda’s small market cap means its price can be easily manipulated.
Will Metrix (LINDA) price increase in future?
According to our projections, LINDA could reach $0.0004 USD by the end of 2021, and probably it will rise to $0.0016 till 2025.
What will be the highest price of LINDA?
The long-term Linda coin price is predicted to be 0.00000001 USD in a worst case. This may be due to the fact Linda coin was launched too early into the cryptocurrency market. Linda coin forecast contains a variety of factors that may affect its future price. Based on our forecasting models, we predict that the cost of a Metrix (LINDA) will be worth $0.0004 USD.
Conclusion by Blockwatch
We think thad LINDA is a good choice for investment. If you buy Metrix now and sell it in a year, you will most likely make your money back and earn some profit. However, the majority of experts recommend against Linda for investment in the long term.
Ethan Moore, crypto and stock trader since 2012. Co-founder of Blockwatch experts team.