Disclaimer : It is only my personal opinion, it is not a financial advise, I am not a genius by any means and I can be totally out of the track. I am only presenting my prediction for weku price for short, medium to long term based on different factors, competition and previous actions. Again, it's just a prediction!
ICO is at around $0.03 and we will start at that price in market and in my opinion we will fall hard, big dump just after launching in market. It is because everyone are trying to sell their weku right now, I guess there will be a lot of people selling their weku. When many people try to sell there will be more supply and less demand in the market. It will drive the price down.
In my opinon weku will be stable at around $0.005 until more people sell because they loose hope it's gonna go up and price falls down more below. My guess around $0.002 or even less. There are a lot of competition for weku and a lot of exactly similar coins and exactly similar platform as weku so it is hard to maintain price.
Here comes the turning point!
Here is when team needs to be really really working hard and communities and whales must be pushing the platform forward. (we will do anything from our side) There are a lot of people who will trust whales or anyone who looks to be intelligent in the platform. It depends upon how much whales, teams and communities work together to push the platform. (will discuss how to push in next post)
If everyone together push the platform forward and manage to attract investors and bloggers in the platform then again there comes 2 condition. Market..........
First condition is everyone works and there is similar market condition (most likely) then we must start seeing weku growing slowly up. If we can make rarity in the market then it might even skyrocket the price of weku. Maybe to around $0.01 in present market condition, which is good price looking at present market condition.
Second condition is everyone works well and there is bull market. Which is highly unlikely in short to medium term future but equally possible. If this happens we can see price of weku to be more than $0.1 or even $0.5 or more. It will be bright days for weku and we will see a lot of new people joining the platform and everyone who joined and are working from now will have huge power and huge respect in future as we seen in steemit.
Third condition is people don't work well but there is bull market. Bull market makes everyone positive about future so in my opinion work is not gonna effect much if there is bull market. My guess of price will be around same.
Fourth option is market condition is bad and peeps don't work well, team do carelessness and whales and community don't care about smaller people then we gonna see weku as dead project or fighting for existence.
If you are leader of a community then please keep on moving forward, do healthy competition, it will help you go up, help good writer promote their content and help platform move forward. Don't sell weku, rather power up, it will help making weku token valuable and we can sell later in bull market with more price rather than making weku a dead project by everyone selling together.
Extremely sorry for click bait!😜
