![palcoinreport9.png](https://files.steempeak.com/file/steempeak/gerber/acJ7tUKv-palcoinreport9.png)

Price of palcoins just spike up, mainly because this guy:
https://steemit.com/palnet/@edicted/just-went-full-fomo-on-palnet-coins#@gerber/re-edicted-just-went-full-fomo-on-palnet-coins-20190611t054548311z
who invested 500 steem in palcoins.

If 500 steem is enough to rise price from **0.07 to 0.17**, we can expect that, price will go up even further.
Volume change from 1000$ to 1500$.

support levels: 0.09
resistance levels: i doubt if there is any at the moment :)

important informations:
- redeeming palcoins for upvotes soon, probably days
- decimals bit longer, maybe weeks

Value Power needed to get 1PAL from votes change overtime, now its around **1800 PAL**, maybe more.

![24h chart 1.png](https://files.steempeak.com/file/steempeak/gerber/NwM8EFNW-24h20chart201.png)


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


**Contest #4 - results** :

Looks like our average prediction is not so close to real price. Reading text above, and checking actual price on steem-engine may help u win.

number of entries: 10
average predicted price: 0.057
lowest predicted price: 0.047
highest predicted price: 0.075

**actual price: 0.117**

Winners:
> @olivia08 - 0.3 steem - with 0.075 pick
@blog-beginner - 0.25 steem - with 0.068 pick
@florino - 0.20 steem - with 0.06 pick
@chrismadcboy2016 0.05 steem + 0.5 PLKN - lucky random one
0.02 steem for next 10 best picks: all of the rest

Contest costs: **1.766**
To be clear from the beginning when that number reach 3 i will just stop making contests

From the next post i will change prizes to 0.5 steem total.

**Contest #5 [ 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 12AM UTC. I will check the price randomly between 7PM and 8PM 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 lucky one sponsored by @plankton.token

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

**Good luck!**