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BitShares Price Prediction: Is Now a Good Time to Buy BTS?
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Table of Contents
BitShares Fundamental Analysis
Project name
BitShares
Stock Symbol
BTS
Current Price
0.0092342573771194
Current Supply
2995444849.79574
Launch Date
2014
Official Website
BitShares is a highly functional blockchain platform based on Graphene technology and is open-source in the popular C++ programming language. BitShares (BTS) cryptocurrency uses blockchain-based software protocols similar to the first cryptocurrency – Bitcoin. The BTS token is an exchange token. One of the currency's creators is Charles Hoskinson (CEO of Cardano). Unlike other platforms, BitShares acts as a multi-functional platform. Trading BTS tokens and their derivatives is just one of the many activities of the project. Advantages of BitShares crypto:
- High level of protection of users and their financial and intellectual assets from hacker attacks.
- Unique open-source software. This makes it possible to develop new applications.
- Elimination of any counterparty risks that arise while working with major financial assets and their derivatives.
- Popularization and integration of the BitShares blockchain with exchanges and other trading platforms.
- Fast and versatile payment network. The specificity of BitShares tokens (BTS) allows you to carry out transactions of any volume with a minimum commission and in an extremely short time. Moreover, the system processes about one hundred thousand transactions per second.
- The limited emission of BitShares is the strength of the platform, as it positively affects the stable value of the token.
- An official BitShares wallet has been created to store BTS, and it is possible to store other types of cryptocurrencies. There are versions of wallets for both personal computer and Android systems. It is possible to install the wallet program from the official BitShares website.
BitShares Live Price Chart
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BitShares Technical Analysis
Despite the fact that 100% accurate technical analysis for BitShares cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated BTS buy-and-sell rating for selected timeframe. The summary for BTS/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
BitShares Price Prediction
Below we have collected the most reliable price projections for BitShares (BTS) from popular forecast platforms.
Summary
As it can be clear from the analysis cited above, BitShares (BTS) projections are rather contradictory. There is no universal consensus either about positive or negative future BTS price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the BitShares projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.