Iconomi best and first fund service coin . It's very normal for $ 1 .
No doubt and i think it will worth $100 for each. The development is really good and i know about the community is really strong and it makes him growth for alot.
Consider the current total supply is 87M (Circulating in Market) + 13M (Future Development Use)
We will calculate as 100M tokens
If ICN is able to hit $100 a token, we will have 10000M = $10B Marketcap, it will took over ETH, DASH place as a fund trading token which seems impressive.
But of course, $100 a token is not something which achievable right now, but time by time, yes.
ETH has 100M Total Supply and the price is already $50 after some pump.
ICN
starts at 100M but soon all the revenue that is profited from ICN platform will be buying back all the ICN on exchanges and
BURN it.
Lets assume ICN invested in $5M in a coin, coin raised and growth for 200%, which will end up at $15M,
$10M Profit.Of course Iconomi will not use all the profit to buy back, lets take only 10% of 10M, which will result in $1M.
If ICN is $1 each, 1 Million Token will be burned off. Look at 1-2 year later
1M Token / month x 48 month = 48M Token Burned?
Well lets see