In this post I will go through my short term and long term price predictions. Let me know if you agree with me or not.

My end of the year price prediction is $5.00

The reason I predict this end of year value is based on the assumption we will be seeing a betting platform released shortly. If the platform is released this month then Scorum will receive a lot of attention as people begin talking about it. Scorum is not interesting in its current form. A betting platform would be a major addition.

The advertisement integration is another reason. People need reasons to want to buy the token. Time is running out but I bet we will see them released soon enough and this will cause Scorum Coin fomo pumping the price up during what I assume will be the start of a bull market coming late November or early December.

My one year price prediction is $30.00

I believe Scorum will be testing a one billion Dollar market cap one year from now. Can it surpass my prediction? Possibly.

Scorum will become the hot sports media platform once all of its main features have been implemented. The user base will grow exponentially increasing the daily trade volume raising the price. Supply and demand will be a factor too.

The current problems limiting price gains are:

  • No betting platform
  • Inability to advertise
  • All earnings are in SP

Scorum is not generating any platform revenue. Until it does the token lacks appeal to investors. The betting platform won't generate revenue but it will increase participation. Sports bettors will come to Scorum to gamble anonymously. Feeless betting is a perk too.

Its not enjoyable when all of our earnings are in the form of SP. Even if people want SP they want the freedom to choose to power up. Receiving 100% payouts in SP which takes a full year to power down is a turn off to investors.