Locus Chain (LOCUS) Price Prediction

Deep Dive

1. Project-Specific Catalysts

The 2024-2025 roadmap includes Mainnet Core upgrades and ecosystem development targeting scalable transaction processing (4k+ TPS). Successful implementation of its patented Dynamic Sharding and Verifiable Pruning tech could attract enterprise use cases. However, delayed execution of these milestones might exacerbate its 31.7% 90-day price decline.

Tokenomics show 57% of supply allocated to contributors, with team/advisory tokens locked until 2024-2026. Unlocks could pressure prices if holders exit post-vesting.

2. Technical Outlook

• Bearish crossovers: Price ($0.0147) trades below all key EMAs (7-day: $0.0153, 200-day: $0.0187)
• RSI 7-day at 26.97 indicates oversold conditions, but MACD histogram (-0.000155) confirms downward momentum
• Fibonacci levels suggest critical support at $0.0126 (61.8% retracement), with resistance at $0.0163 (23.6%)

3. Market & Ownership Risks

LOCUS faces extreme liquidity risk with a turnover ratio of 3.69% – lower ratios indicate thinner markets prone to sharp moves. The 586 holders (down 17.5% YoY) and high whale concentration amplify volatility – a single top holder liquidation could trigger cascading sell-offs.

Conclusion

LOCUS’ price hinges on balancing its technical debt against mainnet progress, while navigating micro-cap liquidity constraints. The absence of recent news coverage exacerbates visibility challenges. Will Locus Chain’s sharding implementation outpace its declining holder count?