I dont understand why people still compare NEM to the NXT, lead nowhere.
After auction there will be a realistic valuation, but this should be the market cap before launch. Im gonna hold majority of my NEM coins, because if everything goes like the devs have projected, NEM should be totally different than this older alts or btc and after 1-2 years we'll see how it has worked. It is little bit sad that so many of the guys just want to make a quick profit.