lol, its amazing to me how many people suddenly started jumping on the second worst scenario of price dumping down to 10 cents on release
personally i believe EON to be worth around 1 dollar to 1.50 the crypto talk guy speculates anywhere between 3-5 dollars.
i REALLY dont want to necro my post about the price so i will put down a new one.
there are 240 million total EON, even less than that in circulation because i remember reading the team will hold a chunk.
but for the sake of argument lets use the full 240 million.
240mm EON at .10 cents gives EON a marketcap of 24 million.
going by current market cap that would put it around the 320th spot right next to bitconnect (scam),moneterary unit, moeda loyalty and maecenas.
these are coins i do not know about except for bitconnect which was a literal pyramid scheme scam that recently fell apart. search your heart, and hell use logic if you want to.
you know FOR SURE a coin with its own blockchain promising what EON is promising and showing what EON is showing does not deserve to belong here at this bracket.
hence why this is the 2nd worst case scenario.
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240mm EON at .50 cents the next popular price point in speculation drops EON at the 120 million market cap
going by current market cap that would put it around the 113th spot right next to Metal(a good coin imo), enjicoin(what is this),santinent network(
)
i only know of metal in this category and it is a decent coin in my opinion but also not running its own blockchain and simply a token,the other coins in this bracket look somewhat interesting but
not comparable to EON, maybe .50 cents will happen but it is in my opinion severely underselling.
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240mm EON at AROUND 75 cents.
would break top 100 of the coin market cap which if youve been following the QA and videos the CEO said that EON will for sure be a top 100 coin when asked about the speculation/price.
some people see it as a positive statement i see it as a mediocre/not ambitious statement because this is where it would have to be pricepoint wise.
either way these are the somewhat realistic low end of speculation prices.
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at 1 dollar you get 240mm
putting it above salt, redcoin and around kyber and revain
the 73-75th spot
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at 1.50 you get 360mm
around ARK,golem, veritaseum, ardor
the 47-50th spot
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these are the genuinely achievable and realistic price points for speculation
now the cryptotalk guy who like i mentioned before usually has good and useful information
speculates 3-5 dollars. as much as i want it to be true(maybe 2-3 dollars tops imo but im not a researcher or into FINTECH like that, so i dont really know)
3 dollars places it at 720mm the 30th-32nd spot
above waves,walton, and around stratus and populous
4 dollars places it 960mm the 25-26 spot
above BINANCE COIN,steem,verge under digidao,
5 dollars places it at 1.2billion the 24th spot
right above digidao and right under icon and zcash!
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these are in my opinion the high points for speculation
considering the tech for the people following the project, you know this does not belong anywhere under the 1 dollar range, not even close.
on the other side of the argument saying EON belongs to be around Zcash on release would be a huge overestimation.
considering EON's ambition, will it one day reach the top 25 coins? of course, its what they are promising. The white paper, and technology looks amazing, they just have to deliver.
IF EON delivers, even if late it has the potential to break top 15. i don't know about top 10.
once again this price speculation based simply on marketcap which is usually a good indicator based on comparing coins at a similar range, was done using the 240,000,000 EON number which is the TOTAL EON supply.there are less EON coins in circulation because the team will be holding a chunk. i believe the number of circulating coins will be around 200,000,000. The actual number is listed somewhere but i cant be bothered to search for it right now.
This means that the lower price points of .10, .32, .50 .75 and 1.00 are even less likely and the higher price points of 2.00, 3.00 maybe even 4.00 are more likely than if the circulating supply was 240,000,000and one more thing, for people saying that the 6.7 multiplier lowers the price of EON, it actually doesn't.
the reason being is that the total number of EON did not increase, and only the investors received the multipliers not the bounty hunters.
so if you worked by that logic the ICO price of EON was 0.0002 the modern equivalent of 2.15 or at the time price of around .50 cents
after a division of 6.7 to counter the 6.7 multiplier you end up with a modern ico price of around .32 cents
.32 cents puts EON at 76mm marketcap the 155 -156 spot
above cloakcoin and around dew,telcoin, iotchain.
and if .32 is ico price it can go above or below it, making the whole project seem a bit useless considering that vast majority of coins at this range are literal vaporware and scams.
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being so close to release if someone else has good argument to the ico price of EON tokens with some logic behind it i would love to hear it.
i try to be as impartial as possible especially because i know i am not an expert nor even well-versed in the crypto markets.
i just know that ERC20 shitcoins are a penny a dozen.
i try to be positive on my outlook on EON, and i understand why people are very frustrated with the wait, and poor communication from the team.
but if EON is even half-true and half-delivers what they promised they still wouldn't be under .50 cents. the coins in that range literally have no products and are actual scams.
