Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] GRAFT - Universal Payment Processing Network
by
sylabis
on 26/04/2018, 02:50:27 UTC

According to the market specs (which i disagree with and can't help but wonder why the numbers aren't more flush and manageable) it would require over a billion dollars invested to the market to achieve a dollar standard per share. Thats a lot of high level investment. i simply don't see the preparedness of this project to accept or call in that much cash yet. if we get a spike, i couldn't say if it would run past 10 cents or how long it could sit around 25 cents before everyone who's been waiting since day one runs off to divest elsewhere. keep all of that in mind. i see the application, but we're still waiting for a firm foothold on the concept and the application that underlies the innovation.


No, it would not require a billion dollars invested to achieve a dollar $1 USD price tag.  

Current coin price is 0.018 USD. From CMC, the circulating supply is around 168 million, so the current market cap is =  to 3 Million USD.

$1/ 0.018= 55.5
3 Million x 55.5= $166 Million.

So at the price of $1USD the current Graft market cap would be around 166 million, not 1 Billion.