Can someone explain to me...how is this coin being ignored so much?? Usually mintpal and coinmarketcap are all over coins doing this well!
The issue is that right now the coin is being heavily mined and dumped which will continue for awhile until mining has slowed down near it's finish.
Unfortunately like all coins (even BTC) that are setup with such a high inflation rate (around 7-10% per day now with NAUT) it will be hard to raise the price until it's fully mined out.
A good example is MYR. It could never get it's price to stay over 500-600 satoshi. Great innovation but poor specs.
PoS coins and limited mining run coins are the future of Crypto and the key to holding value in it.Most investors in Crypto know this and will not put money in new coins that are mined heavily. It's just asking to lose money.
The market cap will rise (with the increased "shares") but the coins price will stay flat or drop until mining is over.
There may be surges in price but that will lead to heavy mining to crush the price in the surge.
NAUT is a great idea and has excellent press and backers but would have a better outcome if the coin was forked to accommodate a considerably faster mining reduction and PoS.
I do not own at this time but I am posting this due to the publicity the coin has and how ordinary people will perceive the coin, and crypto in general, when the value drops or fails to rise.