Good concept, good team. I'm looking to buy it off an exchange. It's currently on IDEX and ED. IDEX price is 0.000114~ ETH at the moment, ico price was 0.0000084656. So currently at about 14x ICO price.. That would make the current cap about (7.000.000.000 (30% of all tokens) x 0,000114) x ~$1000 (per eth) = 800 mil cap, if im correct. Way too high.
Im going to wait for a dump (if it doesn't dump im going to skip it).
Im going to wait for a dump (if it doesn't dump im going to skip it).
Your calculations seem correct to me. But how come in the icodrops page it appears a 2million usd market cap?
https://icodrops.com/zilliqa/
How is that figure calculated? Because: average ico price (0,0081 usd) x tokens avaliable to sale (30% 21 billion = 6,3 billion) = 51 million usd
Thanks in advance