Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
BTC marketcap = $122,059,776,692 for $7325.05 per coin and 16,663,337 coins in total
VERGE marketcap = $106,429,978 for $0.007499 per coin and 14,193,313,196 coins in total
So everybody hopes that VERGE will moon but we need to be realistic.
For example, doubling the current coin-price would mean marketcap of 2 x the current one = $212,859,956; tripling the current coin-price = $319,289,934 and that places VERGE just outside the top 20 on Coinmarketcap.
If VERGE should enter the top 10 (in our dreams probably), we are looking at a minimum marketcap of $1.000.000.000 which is about 9 times the current marketcap or 9 times the current token-price which would place the coinprice on $0,070459 (7 cents).
So yes, I would love VERGE to reach 1 dollar
but 10 cents would already be amazing, right?
VERGE marketcap = $106,429,978 for $0.007499 per coin and 14,193,313,196 coins in total
So everybody hopes that VERGE will moon but we need to be realistic.
For example, doubling the current coin-price would mean marketcap of 2 x the current one = $212,859,956; tripling the current coin-price = $319,289,934 and that places VERGE just outside the top 20 on Coinmarketcap.
If VERGE should enter the top 10 (in our dreams probably), we are looking at a minimum marketcap of $1.000.000.000 which is about 9 times the current marketcap or 9 times the current token-price which would place the coinprice on $0,070459 (7 cents).
So yes, I would love VERGE to reach 1 dollar
but 10 cents would already be amazing, right?Finally someone who can math and do basic investment analysis. Noobs should listen to people like this guy.