In this guide, we will explore the Lisk price prediction. There are hundreds of altcoins out there. Although many altcoins are dead, some have managed to survive and gain a share of the cryptocurrency market. Lisk is one of these successful altcoins. Here we will learn together more about this cryptocurrency and try to answer whether LSK is a good investment or not?
Additionally, we will try to answer the most important Lisk (LSK) questions, including: What is Lisk? What does it want to achieve in the crypto sector? Who are its founders? How do crypto analysts and experts think about it? Is it likely to go up or crash in the future? Or how high can the LSK price go in 2021 and the coming years?
Taking a closer look at the Lisk project, its achievements, trading history, and price predictions will help us better decide if it has to be added to the investment portfolio or not. Therefore, if you intend to invest in Lisk (LSK), continue reading this post to make a good investment choice.
What Is Lisk (LSK)?
Lisk is an ecosystem of interoperable Blockchain applications focused on ensuring that everyone benefits from the blockchain. It allows developers to develop decentralized applications (Dapps), including design, development, listing in the Dapp store, and distributing and monetizing their decentralized applications. The software development kit (SDK) enables developers to develop applications without requiring special skills to benefit the mainstream. Furthermore, the Lisk blockchain platform is where developers can find team members, supporters, and funding from enthusiasts. Unlike Google Play or Apple Store, Lisk does not control the blockchain Dapp platform because it runs publicly on many computers on the public blockchain. Additionally, the Lisk includes custom blockchain, computing nodes, cloud storage, smart contracts, all in one platform. Therefore, Lisk is a combination of different blockchain services in a single platform.
Lisk has differentiated its users into three categories:
- Full client users
- Lisk lite
- Lisk mobile
Its main products are Core, SDK, Desktop, and Mobile. Also, Lisk has divided its roadmap into 1. Quarts 2. Amber 3. Rubi 4. Emerald 5. Sapphire 6. Diamond. According to the data, Lisk completed the level of emerald on August 21, 2021, and entered into the Sapphire phase. Lisk has introduced a grant program to encourage developers and entrepreneurs to develop blockchain applications with the help of Lisk SDK (software development kit). Lisk gives rewards for those who report bugs and issues in the system. Additionally, Lisk relies on the Delegated Proof-of-Stake (DPoS) mechanism that enables any LSK holder to vote for mainchain delegates responsible for securing the network. Currently, the Lisk network is secured by 101 democratically elected delegates.
What Makes Lisk Unique?
LSK is the native cryptocurrency of the Lisk ecosystem. Also, LSK is a proof-of-stake (PoS) currency. It means that blocks on the Lisk blockchain are not mined using hashing algorithms like Bitcoin. Instead, coins are earned by staking existing coins on the network or running a master node. With Lisk coin or BTC, users can pay on the website to use all the cloud services. Aside from this, the LSK coin is also used for voting. Since developments on the network require consensus from most of the users, LSK is used for it. Then, LSK is not a digital currency that merchants will accept as payment but rather a currency for developers using or planning to use the Lisk platform. It has to be noted that Lisk takes different charges from users while registering a user, registering as a second passphrase, or registering as a delegate.
Who Are the Founders of Lisk?
The Lisk project was founded by Max Kordek and Oliver Beddows in 2016 in Switzerland. Max Kordek is the president of Lisk, responsible for its strategy and business. Oliver Beddows is the vice president of Lisk. They both are experts in decentralized applications, Bitcoin and blockchain consulting, startup consulting, UI/UX consulting, and community management. Moreover, they already had worked with Vitalik Buterin on Ethereum.
Lisk is a well-founded non-profit company with forty-four experts for long-term growth. The Lisk company has recently signed contracts with major companies such as Microsoft Azure. Also, the company is a member of INATBA, crypto valley association, Swiss blockchain federation.
The Core Team Behind the Lisk Project
Also, there is a growing community behind it. With over 180K subscribers on Twitter and thousands of Reddit followers, Lisk is a popular project that competes fiercely with other sharks in the crypto market.
Lisk Price History
The coin was released on April 6th, 2016, at a price of a little over $2. Two days later, the price tripled, reaching almost $7, before going down below the $1 mark. LSK reached an all-time high of $39.31 on January 7, 2018. Moreover, its all-time low happened in March 2017 when LSK traded at $0.09565.
LSK Price Chart
After 2018, LSK prices fell dramatically. One of the primary reasons for its dramatic drop was a massive sell-off. In March 2019, the coin started recovering from the bearish influence on the market.
Lisk Price History in 2021
Currently, market sentiments for the coin are positive. In the past three months, the Lisk cryptocurrency has been on an upward trend. In the last week, it showed a good return of around 6% to its investors. Its current circulating supply is 128.90M LSK out of a maximum supply of 135.61M LSK. Lisk has support levels of $3.48, $3.42, and the strongest at $3.32. Similarly, Lisk resistance levels are at $3.63, $3.73, and $3.79.
Lisk Price Prediction in 2021 and Onwards
Before delving into Lisk price prediction, you should know that it is impossible to predict the highly volatile crypto market precisely and with total certainty. In this regard, it is essential to remember that these price predictions are just speculations and better be considered as a guide and not a final verdict.
WalletInvestor Lisk Price Prediction
According to the WalletInvestor forecast system, LSK is an excellent long-term (one-year) investment. Therefore, if you are looking for virtual currencies with good returns, LSK can be a profitable investment option. Based on their forecasts, a long-term increase is likely to happen in the future. The Lisk price prediction for 2026-10-30 is $13.162. With a five-year investment, the revenue is expected to be around +264.09%. As such, your current $100 investment may be up to $364.09 in 2026.
Source: WalletInvestor (Long-term Lisk Price Prediction)
As shown in the graphs above, the LSK price is likely to go up in the future. The Lisk price can go up from $3.615 to $5.941 in one year. As such, the long-term earning potential shows a %64.33 increase in one year. Also, according to their analysis, a crash is unlikely to happen in the coin. Since this virtual currency has a positive outlook, they recommend it as a part of your investment portfolio. Since trading in bull markets is always easier, so you might want to favor these currencies under the given circumstances.
TradingBeasts Lisk Price Prediction
It is estimated that the price of Lisk will reach $3.30391 in early December 2021. The expected maximum price is $4.14729, and the minimum price is $2.82016.
Lisk Price Prediction for 2021
Price estimates indicate that Lisk will reach $3.31784 in early January 2022. The expected maximum price is $4.16189, and its minimum value is $2.83009. Therefore, the conservative platform thinks that LSK may decrease in value in 2021 and 2022.
DigitalCoinPrice Lisk Price Prediction
Lisk Price Prediction from 2021 to 2028
The platform predicts that Lisk (LSK) will be in $5.39 in 2021. Moreover, the coin price will reach ($6.52) in 2022, ($7.46) in 2023, ($8.87) in 2024, ($11.39) in 2025, ($13.08) in 2026, ($14.06) in 2027, and finally ($15.84) in 2028. Then, according to the data derived from the platform, the lowest price of LSK will be up to $14.56, and its highest price will be $17.46. Therefore, the LSK value will increase according to their predicted data in the future. Then, according to DigitalCoinPrice, LSK is a profitable investment in the short and long term.
CryptoNewsZ Lisk Price Prediction
Lisk price prediction 2021 is on an uptrend. The platform thinks that in November, LSK will trade at $4 and rise to $5.09 by the end of the year. The average price of Lisk for the current year will be around $3.11. All the short-term indicators are bullish, indicating a buy signal.
At the start of 2022, LSK will trade at $5.7. By September 2022, it may reach $6.02. However, there will be a downward trend after touching the maximum level of $6.85. 2022 will close at $5 to $5.9 as per our forecast.
The minimum price of LSK will be around $6.87 at the beginning of 2023. The Lisk price prediction is bullish, and the coin will cross a price maximum of $8.76 in the same year. Based on forecasts, the minimum price is $6.25, and the maximum predicted level is $8.27 in 2023. LSK is expected to open at $7.42 at the beginning of 2024. Investors are looking for value addition in Lisk. The maximum price for the year is $10.23, which will occur at the start of 2024. The company looks forward to completing the roadmap over the next five years. According to forecasts, the Lisk price can fall between $10 and $15 in 2025.
LSK has tremendous potential, and the long-term Lisk price prediction is optimistic. Accordingly, the coin price might cross the $15 mark in 2026. The maximum price level might be $17.2, and the minimum price level might be around $14.15 in 2026.
Gov Capital Lisk Price Prediction
Lisk has been showing a rising tendency recently, so they believe its price will likely go up. According to their prediction system, the future price of the digital asset is predicted at $4.5839622964422 (representing a %26.21 growth) after a year. This forecast means that if you invest $100 now in LSK, your current investment may be worth $126.21 on November 05, 2022. It also means that this digital asset is suited as a new addition to your portfolio, as trading in bullish markets is always a lot easier.
Source: Gov Capital (Short-term Lisk Price Prediction)
Lisk Price Prediction in the Next Year
Lisk is worth a long-term investment because of its continuous upgrades, improvements, and expansion of technology. Also, predictions verify that LSK has a tremendous potential to reach new highs in the future. Nevertheless, investing in the cryptocurrency market is always risky due to its highly volatile nature. And LSK is a risky and volatile asset when viewed by its price history. Note that global market sentiments, the company’s performance, the adoption of cryptocurrency, and the global market scenario are all key factors that may influence the future price of LSK for better or worse. Then, extensive research and proper investment advice are recommended before adding Lisk (LSK) to your portfolio.