Bizzcoin Price Prediction: Is it a scam?

bizzcoin

A famous financial goal is to gradually develop and implement a digital and cashless society that brings about the total control of funds making business arrangements and transactions easy; this idea was what brought about cryptocurrency, and today we see many developers keying into this idea. One such idea is Bizzoin. 

Lately, the wind has been blowing in the other direction despite high hopes pinned on this coin. Do you think BIZZCOIN is a scam project which will disappear in a rug pull in the next few months, or do you think BIZZCOIN is here to stay? Let’s see how it goes.

Bizzcoin’s common vision is to create a digital and cashless world and have complete control of funds, making transactions as easy as sending a text message. As developers create more products linking together blockchains to form a self-sustaining ecosystem, we see that vision at our doorstep. Imagine this particular Ecosystem where there are platforms that ensure you’re always at the forefront of every evolution taking place in the industry, some of which include: 

  • BizzATMs
  • BizzPOS 
  • iPay
  • BizzRemittance 
  • BizzLending 
  • BizzTradeFinance 
  • BizzMasterNodes
  • BizzSocialTrading 

On Nov 26, 2021, the Bizzcoin network announced Bizzcoin Pro, a new coin different from Bizzcoin that uses Binance smart chain technology. This aims to give the Bizzcoin network more awareness and popularity.

Bizzcoin developers do everything they can to amaze everyone with its latest developments. On Jan 11, 2022, Bizzcoin developers informed its users of updates on the wallet’s security features. The features include facial recognition, 12-phrase password, two-factor authentication, etc.

Apart from the developments listed above, the roadmap released by the Bizzcoin network shows that more developments are planned for 2022. However, if the developers will actualize, this is not known as some projects on their 2021 roadmap are still in the development stage.

What is Bizzcoin?

Bizzcoin is a relatively new blockchain project initiated in 2019. Rohan Gohar founded the Ecosystem. It is a complete ecosystem that comprises a wallet, crypto exchange, and many more sections that will allow a person to trade cryptocurrencies or use BIZZ to buy items when shopping or even travel.

The Bizzcoin (BIZZ) token forms an essential component for the Rewards Program integrated into the Bizzcoin ecosystem. You will receive awards for every transaction you make, and BizzCoin Referral rewards are also present for the exchange.

Bizz token is an ERC-20 token initially sold to the users in its first ICO or Initial Coin Offering. The Bizzcoin wallet holds BTC, ETH, and other primary ERC-20 tokens, making it quite diverse. Also, there is a plan to integrate plenty of more tokens into the wallet as time progresses.

Bizzcoin exchange is quite beneficial to both beginners and experts. It provides quick transactions at minimum latency. There are plenty of security features added, including 2-factor authentication and SSL encryption. The transactions-per-second count for the network is relatively high.

Most savings accounts and demand accounts don’t provide significant returns on investments. But, if you buy Bizzcoin, the risks will be higher, but the profits will be higher. Therefore, this article is to be considered investment advice.

How much is Bizzcoin worth?

This article will discuss the Bizzcoin price prediction for the near future. The market cap is $$7,904,288.92, while the trading volume for the past day has been recorded as $$535.83. The trading volume is up by a whopping 365.60%. However, the max supply is 201,000,000BIZZ tokens.

Investors take their physical currency from the money market accounts and invest in cryptocurrencies.

Bizzcoin price live data

The latest price is $0.094099, up by 2.25% in the last 24 hours%, which doesn’t make it a profitable investment in the short term. However, we have also seen a price rise for Bizzcoin of more than 30% in a single day. Therefore for the long term, the Bizzcoin price forecast is undoubtedly bullish.

Bizzcoin price technical analysis

Bizzcoin Price Prediction: Is it a scam? 1
Source: Trading View

The chart above indicates the price performance of Bizzcoin since May 2021. Viewers will notice a steady decline in price since October, although the price went up briefly at the end of October. The chart indicates that the price has been on a steady decline.

Bizzcoin Price Prediction: Is it a scam? 2
Source: Trading View

Bizzcoin reached its highest price on Aug 29, 2021, when it traded at its all-time high of $ 3.35. The lowest price since its ATH was $ 0.053253 (cycle low). Since the last cycle low, the highest BIZZ price was $ 0.138789 (cycle high). The BIZZCOIN price prediction sentiment is currently neutral according to the technical indicators.

Bizzcoin sentiment analysis

Bizzcoin Price Prediction: Is it a scam? 3
Source: isthiscoinascam.com/check/bizzcoin
Bizzcoin Price Prediction: Is it a scam? 4

Bizzcoin (BIZZ) price prediction by DigitalCoin

Bizzcoin Price Prediction: Is it a scam? 5
Source: Digital Coin

According to Digital Coin, the Bizzcoin price forecast is a steady increase in average years over the next few years, with a slight decline in average price in 2026. They consider investing in the coin a profitable investment, and they don’t expect a sharp dip anytime soon unless there is an external factor at play.

The crypto experts expect the average price of Bizzcoin at the end of 2022 to be $0.125. Digital Coin forecasts do not see the coin passing its ATH anytime soon, with the predicted average price in 2029 set at $0.403.

Bizzcoin price prediction by WalletInvestor

Bizzcoin Price Prediction: Is it a scam? 6
Source: Wallet Investor

While Bizzcoin’s price is currently in the bullish region, Wallet Investor predicts a coin price decline over time. They have a price prediction of $0.0831 – $0.1064 in the next 14 days.

Bizzcoin price forecast by Price Prediction

Bizzcoin Price Prediction: Is it a scam? 7
Source: Price Prediction

Over the next couple of years, the Bizzcoin price forecast per price prediction is a steady price increase in average price. In 2022, the Bizzcoin forecast is an average price of $0.13, and a slow but steady increase is expected throughout the year. Bizzcoin price is predicted to have a maximum price of $0.15 in 2022.

The expected minimum price for 2023 is $0.18, and the maximum price forecast is $0.22. Bizzcoin price is expected to continue its ascent, albeit slowly. The coin price is not expected to reach its all-time high until 2031, with 2031 having an expected maximum value of $3.82.

Bizzcoin Price Predictions by Cryptopolitan

Bizzcoin price for 2022

The technical analysis of Bizzcoin price shows the downward spiral the coin is currently on, and if it continues this way, the coin will probably liquidate. If the liquidation doesn’t happen, the coin will surely recover in 2022 and will probably become steady at an average price of $0.134. The performance of cryptocurrency stakeholders in the market is also likely to affect the price in 2022.

Bizzcoin price prediction for 2023

If Bizzcoin recovers and the developers get partnerships and developments in 2022, there is every possibility of the coin experiencing a surge in 2023. We expect the coin to trade at a minimum price of $0.150 in 2023 and a maximum of $0.18.

Bizzcoin price prediction for 2024

2024 promises to be a fruitful year for Bizzcoin with partnerships and innovations intended to solidify. The Bizzcoin forecast is that the price is sure to increase in 2024. The major crypto coins are also set to increase in 2024, and as a result, we forecast that the price range of Bizzcoin in 2024 is $0.19 – $0.27.

Bizzcoin price prediction for 2025

In 2025, the price of Bizzcoin might shoot up and cement the recovery of the coin. We expect the price ceiling for the coin to go as high as $0.55 in 2025, with the price floor expected to be $0.25. The coin is poised to yield some returns in 2025.

Conclusion

From the outside, it seems that Bizzcoin has a lot of potentials. However, according to CoinGecko, numerous reports indicate Bizzcoin might be a multi-level marketing scheme. Please be aware of scams! 

In terms of price performances by the token, it can both be an excellent short-term and long-term investment. You only have to research and hope that the price fluctuations will be favorable.

FAQs about Bizzcoin

Is Bizzcoin a SCAM?

A case in point: One user of the Bizzcoin site reported his coins were locked for a 1yr period where he could not sell. He shared that he invested over 10 stacks into this. Sad seeing how some of these shitcoins can mess with people’s savings. Has anyone ever come across this? It seems to be more popular in UK/India and Asia.

It seemed to have started in this way:

“About a week ago, BizzTrade, a Ponzi continuation of the BizzTrek pyramid scheme, announced it was jumping on the crypto fraud bandwagon.

And so we have BizzCoin, another shitcoin that gullible Ponzi investors will eventually be exit-scammed through.

BizzCoin quietly launched a few months ago. It’s an ERC-20 token that can be set up in about five minutes.”
(Link: BizzTrade adds crypto fraud with BizzCoin)

Other people comment that it is not easy to call them scammers. It would help if you did not believe your investment has guaranteed safety and security; take it as a typical business. Chances of loss and profit are always there.

As we often say in the space, please do your diligence. We cannot brand a project a “scam” at face value but look deeper at what’s happening. Chances are, when massive profits are being offered in such a short time, these founders cannot deliver.

How can they pay such high volumes of profit? Those in the space know that even to set up a project requires all you own for it to just go through the initial phases.

Is Bizzcoin a Ponzi scheme?

In many Ponzi schemes, rather than engaging in any legitimate investment activity, the fraudulent actors focus on attracting new money to make promised payments to earlier investors and divert some of these “invested” funds for personal use. The SEC investigates and prosecutes many Ponzi scheme cases each year to prevent new victims from being harmed and maximize asset recovery to investors. Please do your due diligence and avoid losing your precious assets using the SEC guidance here.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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