Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine
by
bitfreak!
on 24/08/2014, 17:36:50 UTC
Top ranks meaning what? There are several hundred alts, and if the more obscure ones are included it might be over a thousand. On a price-parity basis (adjusting for eventual supply) this coin has a market cap of about $8 million which is quite respectable. Probably top 20 or so.
Yes the top 20 is exactly what I meant when I said top ranks. But if the price remains what it is now, the market cap will still be less than 5 million after 10 years, which is not very respectable at all imo, so I think there's a lot of room for this coin to grow in value.