Soma (SCT) Live Price Chart & History

Price USD -1.7%
$0.176423
Price BTC
0.00002660
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$1.0M
Market Share
Live SCT / USD Price Chart

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Since launching at $0.190053 on 21/12/2017 Soma has achieved a price of $0.176423, rising 17.75% in the last week alone.

Soma Price Analysis: Predictions and Forecasts

Why buy Soma? What is it used for?

The Social Market App (Soma) is a revolutionary decentralized platform which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration between the community members. Users are encouraged to engage in actions that will benefit the other members and the community as a whole by rewarding such actions with Soma Community Token (SCT)... Soma stands for the Social market. Soma is a blockchain- based social marketplace that supports the Soma community by implementing a rewarding system that utilizes Soma Community Token (SCT), which is a cryptocurrency designed to incentivize community members to perform actions that create social wealth within the community. Soma enables its users to interact socially with various features implemented on the platform and users get rewarded for doing so. Soma includes generally known concepts from traditional social media platforms (i.e. liking and sharing) and utilizes the blockchain technology to incentivize its users to leverage social capital. Soma is a marketplace where users can securely and reliably trade with each other in a decentralized environment. The platform encourages users to engage in bene cial cooperation to provide members of the Soma Community a comfort of secure and fast platform to trade with their desired items. The Soma Rewarding System guarantees that every user who contributes to the creation of the social value is rewarded by Soma Community Token (SCT). SCT is an ERC20 token which is utilized inside the community for rewarding and hence it facilitates the organic growth of the Soma community throughout the world.
Soma was launched in 21/12/2017. It uses the Ethereum consensus (currently proof of work, will be proof of stake later on) method of consensus, and is based on the N/A algorithm. Soma's goals include Soma combines features of social media and already existing marketplaces to create a blockchain-based marketplace where users are rewarded for certain 'social' actions such as 'likes', 'follows' and more..

Will the price Soma fall continue to rise?

It's impossible to predict for sure if Soma is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Soma has risen by 17.75%
  • In the past month it has lost -206.37522862782%
  • In total it has fallen in value by $-0.01363 since its inception, a change of 92.83%

Can Soma reach, replace, pass or overtake bitcoin?

At present Soma is trading at 0.00002660 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 3,759,398.5%. If we assume Soma continued to as it has in the last month - with a price change of -206.38% it would take NAN years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of SCT is going to take off and increase in price to a higher level we've done the math for you.
In order for Soma to reach $0.20 it needs to increase in price by a factor of 1.13x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $0.2 USD

What is the probability of hitting $0.20 over time?

Time periodChance final price > $0.2Chance final price < $0.2
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $0.25 it needs to increase in price by a factor of 1.42x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $0.25 USD

What is the probability of hitting $0.25 over time?

Time periodChance final price > $0.25Chance final price < $0.25
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $0.50 it needs to increase in price by a factor of 2.83x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $0.5 USD

What is the probability of hitting $0.50 over time?

Time periodChance final price > $0.5Chance final price < $0.5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $1.00 it needs to increase in price by a factor of 5.67x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $5.00 it needs to increase in price by a factor of 28.34x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $10.00 it needs to increase in price by a factor of 56.68x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $15.00 it needs to increase in price by a factor of 85.02x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $25.00 it needs to increase in price by a factor of 141.70x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Soma to reach $50.00 it needs to increase in price by a factor of 283.41x. Given its present growth rate of -206.38% per month, it could take just nan years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Soma a good investment? Is it safe to put my money into SCT?

No, it is not a 'good investment' to buy Soma, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Soma as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of SCT - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

How popular is Soma? Interest Over Time

Where is Soma most popular?

Soma Development + Team

There are 5 developers coding the source behind Soma There are no sales or marketing staff on the team which could impede the coin's growth.

Soma publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on Soma's development

.

Risk Warning

Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss.  The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.

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