There are number of exchanges waiting for the releasing of BNT token which is going to happen tomorrow finally. Let's be ready to join the party as countdown has started already. What are your predictions about the price being settled after few hours of trading ?
i predict $7 to $9 after a few hours, could be totally wrong here
The problem is that a lot of guy will sold tomrrow for easy and quick money.
Finaly, I'm not very enthousiast.
Will see tomorrow.
Supply is low, 39M from ico holders, many that understand the protocol of the smart contract/token will hodl, especially understanding this concept:
Additional net purchases from the BNT smart token contract equivalent to 20% of the TGE supply (~80,000 ETH) will raise BNT price by 87% (to 0.0187 ETH) and the supply of BNT by 7%.
Double that amount of net purchases will raise the price by 167% (0.0267 ETH) and the supply by 12%.
See more in this example spreadsheet which you can download and edit.
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https://blog.bancor.network/bancor-network-token-bnt-activation-e1766b62a73d