Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin
by
kenmasters34
on 22/10/2017, 21:37:29 UTC
Quote from: Gambit_fr on October 22, 2017, 07:05:22 PM
Quote from: Darkoth89 on October 22, 2017, 06:23:16 PM
Quote from: BroganBloodstone on October 22, 2017, 06:03:32 PM
These valuations are making me laugh. $100, $500... whut??? I would be happy if it hit $1! which would be a 100x or more return.

True it's very optimistic, but look at the likes of ETH +94707% gain since ICO... NEO +86985% since ICO.. Stratis +41887% gain.. The list goes on.  With good marketing and a supporting community, the sky is the limit.


Source: https://icostats.com/roi-since-ico
But here, there will be a maximum volume of 21 billions coins, with only two decimals. It's main purpose is to do micro-transactions. Thus it would be hard to achieve with a $100 price or more, let's stay realistic.  Wink
Even with a $10 price it will be a market cap superior to the total market cap of all coins right now...  Roll Eyes

There should be 4.5B coins available when the coin is released.  A $1 coin would put the coin at #5, which IMO is pretty high.    But I think a market cap like Cardano(#15) isnt out of the question.  That would put this coin around 17 cents.