With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.
Hmm...Features at first post says: "Approximately 92 billion total coins"
Where can I see currently mined coins? Where did you get this number - 204 060 373 384 ??
Their math is currently quite wrong. Even if the block awarded a 2mil bonus we wouldn't hit 20bil until 9-10k blocks, much less 200bil-more than the total. But since its not 2mil per block, but up to that amount, it will be even less than that at 10k. Unless I'm reading the block explorer wrong there are currently 7.5bil with 7485 blocks mined. At the price quoted that would give a current market value of 300kish--assuming btc at 800 not the 700-760 it currently is.