Is it worth investing in this ICO?
I am looking for suggestions from experienced members.
I just checked their site.
They sold 1,979,184,971 Electroneum / 1m = which is more than 1,979 million
So if I am not wrong than there total supply could be 1979 million? Still the ICO has time to finish.
The avg price per token is 157 satoshis.
I calculated in this way > If I invest $100 then the btc is coming BTC0.017338 > and I will receive 11000 ETN
BTC0.017338 / 11000 ETN = 0.00000157
So what we can expect the price may go in near future with that much supply?
My above calculation may totally wrong, as I am totally new to ICO.
I hope someone will show right way.