Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LUNYR - Decentralized World Knowledge Base on Ethereum - Completed!
by
ruletheworld
on 08/05/2017, 21:46:48 UTC
Lunyr pump incoming... where will it go?

300K? 400? Maybe $100/lun

Nobody knows.

100$ is cheap... Or it will be when we look back from 2018
Be realistic guys. Anything near $20-$30 by the end of 2018 will be a good achievement for this project.I am not dreaming of getting ROI withing overnight. Give it 1 year and LUN will compete with LTC or XMR ,
If we have a basis of our prediction then I guess that is being realistic out here, I have a good prediction with LUN because personally I invested in this project. Price is under $10 as of this moment but due to limited supply I think it will reach a massive increase of $100, yeah that is possible.

Well let's think realistic for a bit.
Currently, the market cap is 8million and the coin is priced around $3.
A market cap of 50million would be legit for the project once released and could move upwards to 100mil fairly quickly if the site is good.
I'd say this would happen by 2019.
That's a good 12X from this point, or like 30-40$
Just my simple opinion though
Let's not just pull numbers out of a hat. Why do you think it would be valued at $100 million? And why 2019? There need to be real growth numbers/earnings/etc. behind these numbers. If you're going just by speculation, and looking at the current coins that are close to $100 million marketcap, there is no reason Lunyr can be pumped to this value in this bubble as well. If you're looking for long-term value, there's a lot of homework to do before providing valuation based on utility.

Pure speculation based on the alt bubble not bursting and other coins near the 100MIL cap is my reasoning
You are good
Fair point, didn't mean to call you out like that.
It's definitely possible that Lunyr might be pumped along with the other alts, but you never know. Also, it seems like Ethereum-based tokens track the price in a weird mix of ETH and BTC, so if both of those go up a lot, it is possible that Lunyr may increase in price too, especially if the team is able to show some early wins to the investors. Otherwise, it is best to set and forget this token, and just wait for the actual product rollout and launch for everyone. That's, after all, the economic fundamentals that shouldn't depend on the alt market pump stage, but instead just rely on the team and product's performance. Or that's the hope at least.