Palcoin report #3 + prediction contest with 1 steem + 0.5PLKN in prizes

24h volume on palcoins drop from 3,300$ to 1200$, we can assume that main dumping phase is over. Who didn't like low price just set up sell walls with claimed palcoins, which now waiting on the palcoins way up. From time to time there are late dumpers but it does not look to be dangerous for price going under 0.033 support lvl.

In last 24h buyers fight a little bit with resistance level at 0.076 but lost and price go down and stop around 0.042.

major updates which will influence price:

• Decimals - imagine steem with no decimals. I didn't calculate it but i can easy predict that with no decimals big part of curation rewards will go back to voters which have most voting power. So big players just growing their stake now with every single vote, small players like me with 200 staked palcoins can expect 0 curation rewards. Lets call it precuration mode.

• Upvote redemption - in future u can redeem your palcoins for upvotes, that's main option which will bring back value to palcoins when it will be available.

If u know nothing about about palnet and palcoins read this post:
https://steemit.com/palnet/@juliakponsford/palnet-the-dazed-and-confused-user-guide

If u didn't claim your free tokens yet, check this simple post:
https://steemit.com/palnet/@themarkymark/palnet-tokens-are-now-claimable

Contest #2 - results :

Looks like our average prediction is very close to the actual price. U can also win throwing random numbers, but reading text above will help u win for sure :)

number of entries: 16
average predicted price: 0.053
lowest predicted price: 0.022
highest predicted price: 0.1

actual price: 0.0453

Winners:

@stayoutoftherz - 0.3 steem - with 0.045 pick
@lavanyalakshman - 0.25 steem - with 0.049 pick
@cryptocurator - 0.20 steem - with 0.05 pick
@bsfmalaysia 0.05 steem - lucky random one
0.02 steem for next 10 best picks: @definethedollar @city-of-dresden @florino @improv @hmayak @javiersebastian @j85063 @olivia08 @blog-beginner @n1hal

Contest costs: 0,891
To be clear from the beginning when that number reach 3 i will just stop making contests

Contest #3 [ OPEN ]

Predict palcoin price!

Nothing required...
How much palcoin will be worth after 24h? Just guess the price in steem. Simply pick a number between 0.001 and 0.999 and put that in comment. Would be nice if u tag someone to try it too :)

U have 17 hours to entry contest, till 11AM UTC. I will check the price randomly between 6PM and 7PM UTC.

Prizes:
0.3 steem best pick
0.25 steem second best pick
0.2 steem third best pick
0.02 steem for next 10 best picks
0.05 for a lucky random one
1 steem total, 14 people wins

Today we have extra 0.5 PLKN for the winner sponsored by @plankton.token

In case of 2 or more people picking same number, time is main factor deciding who wins.

Good luck!