How is the price of an onecoin set?The volume of OneCoin is 120 billion onecoins and not one more. The key of OneCoin’s algorithm has been destroyed under the supervision of audit firms. The limited amount of onecoins helps to raise the price on stock exchange, where OneCoin will issue stocks after 80% of the coins have been mined.
First coins were mined by OneCoin on 20th January 2015 and their price was 40 eurocents. OneCoin servers in Europe and Hong Kong mine 1.44 million onecoins every day. After the mining of every 43.2 million onecoins the difficulty level of mining rises and this in turn means the increase in the price of onecoins. By the end of 2015, the price of onecoin had risen to more than 5 Euros and by the end of 2016, according to an optimistic prognosis, the price for an onecoin will be 15 Euros.
By the end of 2017, according to an optimistic prognosis, onecoin’s price will be 100 Euros. As OneCoin has managed to surpass even the most optimistic projections, then the set price objectives can be taken rather seriously.