Post
Topic
Board Speculation (Altcoins)
Re: Sovryn price speculation. (Bitcoin dex)
by
ivankoh
on 22/05/2021, 16:43:45 UTC
In my opinion, i think Sovryn (SOV) can hit around $2k for sure.
Because this coin is doing really well in ICO and Sovryn can become one of hiddent gems in the cryptospace.
I think that SOV can really become huge in the future and can compete with top altcoins.
currently, the SOV price is around 72,500 sats or around $ 27...

I'm really not sure the price will go up to $ 2k. it needs a big event to be able to bring  SOV price up to $ 100 - $ 1k.
Most of the projects are mined on layer 2. Sovryn has many special features, their staking is remarkable.  But it can be easily seen, it will depend a lot on the Rsk network, similar to Polygon on ETH, all the dependencies it comes with will be the downside that it is currently forced to accept.  Of course, I think Sov has a long-term future and even if BTC breaks too hard, they still actively hold the price!  In a healthy market and defi still very focused on building in the future, 300$ for Sov, it will!