Who could speculate here? could the price be reaching $20?
Everything is possible, depends on the demand for Mne when ICO starts. There must be a campaign machine running as of now to increase demand. Once tokens are burned during the ICO phase supply will visibly be reduced (already reduced since exchanged MNE will not hit the market anymore). Scarcity will boost the price and there is only the limit of ETH/10 that will stop it eventually.
But who will create the urgency??? Not much done in terms of increasing awareness levels yet
Nothing is being done. The whitepaper is shit, I could write it in less than an hour. They have no bounty campaign, which is literally free advertising. No paid ads on facebook, no articles, no communication. All they do is 'hey here are some vague updates, hope you invest in us and not in the infinitely more professional companies who already have proven that they have products that offer something real instead of pure speculation'. I believe in Minereum, I believe in Art, because I like to believe miracles are possible. What I don't believe in, are the devs. They're great with tech, but tech doesn't sell, advertising hype and fomo does.
Somehow I think it's the charm of Mne, good working tech, horrible marketing. Some ICO's have horrible tech and great marketing but for the long term it will proof to be a bad investment. I thought Dev announced earlier that they teamed up with partners to do the marketing part. Maybe they have a killing plan waiting to be executed :-) I think that once the ICO starts they need to market the shit out of it. We can't do it, they have to for their own benefit as well. Personally I like the concept and the working tech. Now it's up to them to proof that they can run a business as well