this one is so overvalued. how can someone really value it more than dash?
Because coinmarketcap.com isn't showing the real market cap of Gnosis. If people would realise that market cap is actually 10 times the actual value they would dump the shit out of this alt...
Well it has a 95% premine for them and cap is not showed, but in short term it is giving profit to us, even if they have 95% with a good control and no dump it doesn't mean anything for market health, unlike other projects who keep 1% premine and coin dumps to the shit due to lack of support from founders.
Lesson: Premine is risky only in the wrong hands.