Since Rai is comparable to IOTA in tech, I don't see why the investors who put a 12B market cap on IOTA wouldn't see Rai as being undervalued sitting at 3B.
At best Rai surpasses IOTA. At worst Rai matches IOTA market cap, but who thinks it should be sitting at 3B when IOTA's at 12B?!
It doesn't make sense. This is an undervalued asset as long as market exposure is there. Binance is a start.
Rai is fundamentally flawed since it's inception. Unlike the other two DAg cloins (iota and byteball), Rai is essentialy BTC without the blockchain. What it looses by doing this is the double spend protection. Essentialy Rai is vulnerable to man in the middle attacks that could double spend like crazy, which is probably why cryptopia dropped it a few days after listing.
You can read further about these problems here:
https://bitcointalk.org/index.php?topic=1219264The dev of course is sticking his head in the sand and denies everything. Read the whitepaper, compare it to bitcoin and you will understand.
RaiBlocks is a Top 20 coin without a working exchange (unheard of). The more transactions happening on the network the faster they become. There are no fees and no limits to how much you can transfer. Completely Decentralized with own blockchain so nobody can ''freeze'' or touch our assets. The Dev's and community are always active answering each others questions and this is what bitcoin was when it was starting. Rai did not market anywhere except word of mouth. December 13, 2017 exactly one month ago the coin cost $3, it is $27 USD today; and it's about to hit every major exchange. Once this hits the Asian market expect a price increase. BTC takes 60 minutes to move. I buy LTC, transfer and buy BTC if that's what I want. I think Rai could be the transfer currency of the future. Who doesn't like fast & free?