SO CAL Token price prediction: A digital Californian dream

SCT is a new crypto project that seeks to encapsulate the Californian lifestyle

Two people preparing to surf                                 
SO CAL Token is developing a play-to-earn surfing game – Photo: Shutterstock
                                

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While being home to the technology hub Silicon Valley, California is also known for its summery and vibrant coastal lifestyle. SO CAL is looking to combine these two worlds with its Californian-themed crypto project.

SCT is the newly launched cryptocurrency that was designed to fuel this vision. It has so far been a bumpy ride for the Californian-based token, but this has not stopped some forecasters from making bold predictions.

What is SO CAL Token?

Short for Southern California, the SO CAL crypto ecosystem was designed to encapsulate the lifestyle of the US west coast region. With its ecosystem including yoga, skateboarding and surfing, SO CAL leans heavily into its origins.

Its website said: “Through philanthropy, P2E gaming and NFT technology, we’ll highlight oceanic awareness and fuel innovation. Ultimately, our mission is to cultivate a fun, transparent and prosperous platform inspiring both current and future generations of investors.”

SCT SURF is one of the core components of the new crypto project. Its CoinMarketCap page describes the upcoming game as a 90s retro surfing experience. It is being built on the Binance Smart Chain and uses the Unity Engine as its gaming development software.

This game will mark SO CAL’s venture into the metaverse. It is looking to produce its own “Cali-verse”, a virtual hub for extreme sports and related entertainment. Users will be able to surf, skate, snowboard and bike in this coastal-themed experience.

Daniel Deets is the project’s chief executive and is unsurprisingly located in San Diego, California. As well as spearheading the crypto project, Deets is a project manager at the construction consulting firm KCM Group.

SO CAL’s crypto ecosystem

Powering this coastal vision is the SCT coin. Players of the surfing game can earn these tokens as they successful navigate wave breaks and different game modes.

An exclusive collection of NFTs will also fuel and improve the SCT SURF gameplay. These vibrantly coloured apes on surfboards will change the in-game aesthetic of avatars and their boards.

The SCT token is teeming with more utility. Holders will gain access to weekly yoga lessons, a “sound bath” and crypto education courses that are “taught by licensed professionals”.

It is worth being mindful there is a 10% buy and a 12% sell fee. The buy tax is split between USDT rewards for holders, marketing and liquidity. Meanwhile, the sell tax also includes a buyback scheme and a 1% donation to charity.

However, investors should note that CoinMarketCap has released a warning for the SCT token. It wrote: “Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens).”

SO CAL has completed an audit with InterFi Network, which declared it a low risk with regard to its smart contract code, but a medium risk when it came to centralisation.

A short price history

The SCT token has a very short price history, having only launched in late June 2022. This can complicate truly evaluating the cryptocurrency project.

The California token went live on 18 June 2022 at the $0.000006 mark, according to PooCoin, and saw a spike the following week. This came as the platform held a competition for the biggest token purchase, with an NFT up for grabs.

A day later, on 26 June, the token held a burning event. A total of 2.5 billion SCT tokens were destroyed. By 27 June, SCT was listed on CoinMarketCap and hit its all-time high of $0.000037, before dropping back down to $0.000027.

The SO CAL Token has recently broken past the $0.00003 barrier again. At the time of writing, on 1 July 2022, the SCT price is at $0.000035, but is down 0.2% in a recent seven-day period.

SCT price prediction

Due to the young nature of the cryptocurrency, there are not many making a SO CAL Token price prediction. Most of those that are bold enough to forecast the token’s future are reserved and cautious.

The SO CAL price prediction for 2022 from Crypto Buying Tips has noted SCT’s low market capitalisation and its new status. It wrote: “We predict that both price and market capitalisation of this coin will be very volatile, and traders should be extremely cautious while investing in SCT.”

Meanwhile, the SCT price prediction from DigitalCoinPrice has given specific targets. It thinks the Californian-based cryptocurrency will climb from $0.00004 this year to $0.00007 in 2025. Its SO CAL Token price prediction for 2030 averages out at $0.00016.

Finally, the technical indicators from CoinArbitrageBot lean slightly towards the buy signal. In a year’s time, the site expects SCT to be trading at just under $0.00004. Its SO CAL Token price prediction for 2025 is the most optimistic, suggesting the token will reach $0.00017.

FAQs

SO CAL is building a Californian-inspired cryptocurrency ecosystem. With its own metaverse, play-to-earn game and real-life perks, the project is looking to digitise the coastal experience.

SCT is a new cryptocurrency and forecasters are mostly reserved with their price predictions. However, most do expect the token to see a gradual increase.

Remember, SO CAL’s low market cap has led it to be volatile, so you should never purchase more than you can afford to lose.

There is a circulating supply of 74.4bn SCT, according to CoinMarketCap.

It might be. SO CAL is building digital version of California, complete with its own play-to-earn surfing game and extreme sports metaverse. SCT is the token powering this vision, but has so far demonstrated a volatile nature.

Investors should conduct their own thorough due diligence before purchasing SCT.

Currently, the SO CAL Token can only be purchased on the PancakeSwap decentralised exchange.

Further reading

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
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