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October 03, 2015, 05:08:47 PM |
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Some very basic math can give us an idea of what the marketcap could be in the future.
NXT has 1/9 the coin supply as XEM. Therefore, if all other factors were equal, XEM price would be about 1/9 the price of NXT. That means as soon as XEM gets as many users as NXT, the price could easily be 400.
But that's based on NXT's current price of 3600, which might be about as low as it will get. NXT can easily go to 9000, which means XEM can easily go to 1000.
And that's just the very short term, in the current depressed state of altcoin markets. All it would take to bring in millions of new dollars is one mainstream article about altcoin daytrading, one killer app or relatively small video game that brings 100,000 users - and that's a drop in the bucket of what could eventually happen. One "flappy bird" for iPhone that uses XEM, and 10,000,000 people could spend $5 each.
$50,000,000 would put XEM at about 3000, and it still wouldn't be ahead of Ethereum, Litecoin, or Ripple.
Do you think Ethereum, Litecoin, and Ripple are better than XEM? If so, sell now. If not, you might want to hold until XEM passes the marketcaps of those coins. And that means holding past 3000.
So the idea of selling at 60 might be a little premature.
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