Post
Topic
Board Tokens (Altcoins)
Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable
by
Peyko
on 26/08/2017, 21:07:29 UTC
MCO and PAY are two completely different animals when it comes to token price. MCO has 31 million coins vs pay's 205 million. MCO will very shortly be in the $20-$30 range as the market cap approaches pay. Pay is limited in token price due to having so many coins. It will be very difficult for pay to get $5-10 in the future, while MCO is close to $100/coin.


Is just because MCO started as a low market cap token (lowest point), like 9 million market cap, 90 cents. And TENX started at 64 million marketcap (lowest point) at 60 cents. For MCO to raise 10 cents it just need 1 million more marketcap, for TENX to raise 10 cents needs 10 million more marketcap. Is all about injection of capital, not number of coins. Look at NEM it has 9 billion coins and went from a third of a cent to 28 cents in 3 months,  Is NOT hard for price to raise in TENX, a lot of crypto has raised from 100 million to 2 billion in a question of months. Massive injection of capital is NOT hard as you think if the product/technology is good. 

I see MCO as being hugely undervalued at the moment. It needs at least a 100% - 200% to be at it's normative value. Look at it's market cap/circulating supply compared to Tenx. It is insane how MCO could start out with such low market cap. Well, good thing for us. There is a huge bargain to obtain atm