Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karmacoin Launched Feb 4 - 5 GHs - 4 Exchanges - 50-70BTC Daily
by
ptman
on 08/02/2014, 12:16:37 UTC
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.

See the marketcap here (http://www.worldcoinindex.com/).

Its close to only 217,000 USD.

Your calculations are wrong.