People dumping so hard and so fast are impatient fools.
Those of us who appreciate this project for what it is know the price now is a joke.
Don't throw your xel away for such a cheap cheap price for your own good.
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So, what do you think is the true value of this coin?You can do your own logic. Just take into account that this project has more advanced development than other projects from the same field and they are valuated much higher. The closest valuation I would consider realistic for Elastic is in the Golem range, and much higher after the full client is released.
You have a good point. Now, correct me if I am wrong. But doesn't XEL supply is 100,000,000 XEL vs Golem 1,000,000,000 GNT. Shouldn't this be a big factor when it comes to XEL vs GNT price?
All you need to look at is Market Cap. IF Elastic can keep up with Golem, you could see 10x profit by buying now.
However, people are currently experiencing FOMO and might not bother with Elastic at this point. Not sure if it can reach Golem's level (especially with the whole market being in bear mode currently).