Lisk is touted as the next ethereum. This is a post where we track Lisk price movements and try to understand reasons behind significant price movements in Lisk price.
Definition of Significant price moves: For our analysis we will use 5 % price move either way as a significant number which we would try to analyze. This number is currently chosen arbitrarily but we are working on a way to make it more scientific.
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Or you can check out detailed Lisk FAQs here
So let us dive into Lisk tracker right away.
Lisk Price Update 4: November 16th, 2017
Lisk continues its bull run on November 16th, 2017 Lisk price hit an all-time high of 11.20 Dollars before closing at 8.69 Dollars
So in Last 4 days, Lisk has moved from 5.54 dollars to a high of about 11.20 Dollars neat 104 % jump before settling at 8.69 dollars still a jump of 56.8%
Max Kordek was very happy though cautious
It’s a great honor to lead Lisk together with my partner Oliver to new heights. Thank you everyone for believing in us. 🦄
However, price is not a good measure of success. Real world adoption and enablement of developers is.
Here, we still have a long way to go. Let’s do it!
— Max Kordek (@MaxKordek) 16 November 2017
Let us try to analyze what has led to this historic rise in the week of 12th November to 17th November
- Did they release any new build or did any major Product Release?No | Lisk explorer did get released but that’s not big release
- Did they announce any big partnerships? No
- Did they announce any big developer tools? No
- Did someone launch an app in Lisk store? No
So what happened which made the price go. Only 2 noteworthy events :
First Max Kordek attended a Blockchain and Cryptocurrency conference in Tokyo and not only had some good dinner but also spoke there.
— Lisk (@LiskHQ) 15 November 2017
Secondly, Lisk is planning some developer meet up which is fully subscribed were they the reason for the price bump.
We are not currently sure if any of this was the reasons which caused a huge spike in the price.
For now, our best guess is Speculation. ( we will update if we find another reason)
Lisk Price Update 3: November 15th, 2017
Lisk continues its bull run this week and Lisk price continues to be on steroids. Lisk its all-time high of 8.49 Dollars.
Lisk celebrated it with a tweet of founders posing for a new website.
— Lisk (@LiskHQ) 15 November 2017
Lisk Price update 2: 13th November 2017
Lisk price went into an overdrive with an intra-day pop-up of approximately 13 %. From a previous close of 5.54 dollars, the price closed at 6.27 dollars. This was preceded by 2-3 days of profit booking from previous highs of 6.49 dollars achieved on November 5th, 2017.
Lisk Price Update 1: 5th to 9th November 2017
From 5th November to 9th November price of Lisk increased from $ 4.49 to $6.49 a 44 % jump in a matter of 5 days.
Let us try to analyze what happened during this period to understand better the price movement.
Some newsworthy items of the period
- Lisk Rotterdam meet
— Thomas Schouten (@Thomelsch) 5 November 2011
2. Lisk Ambassador program announcement
— Thomas Schouten (@Thomelsch) 5 November 2017
One of the key areas Lisk has been trying to catch up with Ethereum is the community part so and Ambassador program is a decent step in this direction to bridge the gap. Does it warrant a price pop-up not sure?