Re: [ANN] GROW | CryptoGrowShop.com Launched!| POS | Coin-Swap.net
GROW valuation
Somebody check my math but:
If we assume GROW has the potential to be valued somewhere between CANN and POT, then shouldn't each coin be valued around 42k satoshi each?
POT market cap = $250,000
CANN market cap = $350,000
Assume GROW market cap = $300,000
/ divided by 2 million coins
= $0.15 per coin or ~0.00042500 BTC
Somebody check my math but:
If we assume GROW has the potential to be valued somewhere between CANN and POT, then shouldn't each coin be valued around 42k satoshi each?
POT market cap = $250,000
CANN market cap = $350,000
Assume GROW market cap = $300,000
/ divided by 2 million coins
= $0.15 per coin or ~0.00042500 BTC
There are actually closer to 1.65 million coins I think.
and I don't think CANN and POT are good comparisons due to the difference in what each coin offers. (What the coin can be used for)
Easiest valuation would be the ICO price which was around 565 satoshis, or what miners value it at (but mining is over).
Shouldn't really be too worried about the market-cap at this time.
