Are we touching the floor?
Total market cap once all 21 million coins are released is under $12M now I think.
So pricewise it's more reasonable, but still priced for success.
your forgetting that the final coin amount will be in around 9 years.. thats when we will have 21mil
from here it will take us 2months to go from 400k coins to 800k coins.
so give it 7months and we will have around a 800,000usd market cap. tiny for the tech, in comparison to what zcash will have.. around 300million