price on $1,75 now , personally i am not buying token above $1 in my opinion its still have high risk . i would buy on gem which is have price around $0,0xx it will have big profit potency and also low risk if project fail.
But it will difficult to find the coin or token in that price,
Yeah, should've look at the overall marketcap. If you have a $1 coin with 1 million supply it has more room to grow than a $0.01 with 55 billion supply. Take a look at bitcoin, it was priced $14 at one point and now it is worth more than $1k, one factor that contributed to that is the limited supply.
You are a bit overestimate coin with the limited supply. They ain't the hot and big thing like they used to be where they usually use Bitcoin's limited supply to make a sale pitch for their coin. Real use cases and daily using in transactions are far more important. You can't justify a high price for a limited supply coin if it wasn't in use or have a good use case. I don't see OP's coin at this level yet or have a chance to become like that so no, not a hidden gem for me.
You dont see the coin have a good use case?? The product is already out mate, it works better than any other of its kind, it uses the token as a means of payment towards hosts.. What I think is that you didnt even check the coin out but wrote your opinion about it anyway..
Low cap coins were never a hot thing, cheap coins were as the price of a coin is relative, and every coin with 1 million coins or a billion coins can have equal multipliers under the right conditions. The supply doesnt matter and doesnt make a coin "hot" lmao.
So its real use case is hosting data file for personal level? Cloud drive service? Heck, even in their About page is vague as f with: "Internxt aims to enrich life through revolutionary technology. The goal is to create a vast range of innovative mass-market services that disrupt various technology industries."
Most are just buzzword and there are already plenty of similar services like that and way bigger than it: Google, Amazon, Azure,... and most importantly, they're free with reasonable free storage space before anyone wants to pay for premium. Google drive is 100GB for $2 per month while your charge 20GB for 1euro per month. Why would anyone want to pay more than normal to use a cloud drive just because it non-mainstream, hipster thing is beyond me. I don't even need to start on the privacy of data on the hosting between a big name and an unheard.
So that's your token with 'real use case' and wait a minute, why we would need a token to use that kind of service? See, I checked the token and saw nothing really interesting, nothing to make it a real 'hidden gem' other than you right now, make a sale pitch with "product im better than most projects on the top 100 on cmc" that I don't believe it is.
Gosh, you are so wrong on so many levels.. First of all you say that centralized cloud services are more secure than decentralized ones?? That is ridiculous, I can link so many articles about data breaches on google, amazon and all major cloud service companies and data that got stolen/accessed from people with malicious intent on those companies. In decentralised storage that is not possible as one file is broken into pieces and stored in multiple hosts, so that even if someone gains access to a hosts computer with costumer data, he will only hold a piece of that file which is useless. That is exactly what makes this product better and why people and companies will want to pay an extra to keep their files secure..
Internxt as a company does not store any data at all, they dont have a server the hold user data at, you and I can become a host renting our free space to the network and storing shards of files. There is no data centrer someone can attack and even if they attack my computer and gain access to the shards I host as said previously those shards are useless without the other pieces.
Please read this and learn how centralised and decentralised cloud differs:
https://www.csoonline.com/article/3405439/how-a-decentralized-cloud-model-may-increase-security-privacy.htmlAnd of course the use case for the coin is data hosting, paying the hosts to host the data of the costumers, and also increases the rewards hosts get the more tokens they hold, encouraging people to hold the coin. Thats the utility for every cloud service coin like sia, storj. Its not something new and it works. I dont get why you are so shocked by it. And as they release more and more products in the future as they are planning to offer other services also other than cloud that will utilise the coin the use case will be broader.