COIN ONIX is unambiguously currently overvalued, my coins have not arrived, the wallet does not work, besides the inflation of the coin price is overestimated, it's too early to put such a price a coin pump and a dump I think but 25 ONIX itself bought
2-5 mln market cap coins are those that are either already walking zombies or you never see who is behind the project or there is max 2-2 people in the project or no marketing at all or no value proposition .
Onix position itself as a local coin for a region where the fiat is shaking . The founder is running from conference to conference . It looks like there is a big team behind and the Founders gain some audience. I agree that technically some improvements are needed. I raised the concern over the mining issue in this forum and I am still saying that the guys needs to prove them-self but 30 cent per coin is a great resistance level and I can't see it at 10 cent for instance . I mean what Onix does in terms of marketing and the market situation where it is positioned is way more advanced that what we see now in the range of the coins below 10 mln where many are even already dead since last year. So no, I feel personally this without the recent correction would have been now easily at 15 mln or normal 20 mln market cap.