Guys what is wrong with you, that's gonna be one of the biggest coins out there.. it's gonna hit $10 within months.
It is the next Stratis..
Assuming that we'll have an amount of 7,317,073,171 SNT, do you really think there'll be a cap of $70 billion? Even bitcoin has a cap of only $44 billion.It is the next Stratis..
Crypto changes fast. Total crypto market cap was $60B last month. it is almost $120B now..
BTC market cap was $21B last month and it is $44B today.
ETH market cap was $8B last month and it is $32B today.
Ripple have supply of 32B (!!) and during the past 3 months the coin value is * 80 .
XEM? similar supply to SNT. look how great they are doing.
BitShares? 3B supply, * 100 in value.
Totally agree with you. Just feel hard to be x250 in months.
But who knows?
Just look at those:
https://coinmarketcap.com/currencies/reddcoin/
https://coinmarketcap.com/currencies/siacoin/
https://coinmarketcap.com/currencies/stellar/
https://coinmarketcap.com/currencies/nem/
The best performing of the ones you linked is XEM, about x30. And it started the climb with a Marketcap of 60M USD. Using a ICO price for STATUS, you get 0.036$*7B total circulating coins in months. It means that, despite it's current "marketcap" is 100M USD, at this price, with all coins circulating, it'd be more than 250M USD.
I could see it doing a x4 in a month, a x10 by the end of the year, even a x40 in 12 months. But a x250 may only happen in 3+ years, IMO
Well again, if we were in 2016 then I'd agree..
But during 1 month entire crypto market is doubled, that says a lot.. as any thing can happen.
Status can go x10, x40 or even x400.
It all depends on crypto market (growing every second with insane numbers), the status community/tech, ether (only getting bigger)..
And if every thing was in "stall" mode, I'd say yeah x10-x20 sounds optimistic. but with latest growth, really it can go even x400.
Remember, the bigget market cap goes the bigger market cap coin goes, so if BTC goes 4K, Ether 2K seeing STN $1 wont be so strange in your math
