The price of this project go very steady and steady, and gradually rise, waiting for the rise across
My prediction is for this coin to enter top 100 by March this year. With it being listed to sever exchanges by that time, no doubt it will surely soar
So at the moment it would need over 250M $ marketcap, which means it would be over 1$. I think that's a likely scenario.
Although I have waffled on about the positive prospects for IFT, exchanges is where they have made mistakes IMHO and I will slap myself out of my positive mode and give myself a reality check.
The team absolutely need to get off Cryptopia, Etherdelta and Yobit as their main exchanges for the token, I can't stress this enough. They had to start somewhere but its no good for the company or their corporate image and I think as of this week, damage is now being done by lack of communication on progress in this area and lack of progress itself by not being listed anywhere rather than the outer Somalia of exchanges. This is not a good look for a company based in Manhattan who wants to be taken seriously by institutional interests and the public alike.
6 months have passed since the Tokens were issued, the team have been given more than enough slack to sort this situation out and although I have stuck it out and stick by the team. Patience from others is running thin.
Their CEO needs to speak up and make a good, multiple exchange partnerships (top 15) a priority for the company and do it within the next month, not 6. There is far too much grey talk happening around this issue in the telegram and by other means and it needs to be addressed head on. In my opinion they either need to admit that nothing is going to happen or, de-list from Cryptopia, Ether and Yobit then just allow the token on the IFT platform itself.
I have posted previously as to one of the main problems they may have regarding this (bigger exchange attitude to IFT) on the previous pages but I am finding it increasingly puzzling and frustrating how Investfeed's partners (Civic, Enigma) and competition in this sector (Streemit, Ethos) of crypto (even if they are not direct competitors) seem to make it look so easy to get listed on the top exchanges and IFT are making it look so hard at the moment.
If there are problems with getting listed on exchanges or, if IFT are not willing to pay then they should come out and state that this is the case. The current Limbo situation and remaining on Cryptopia, Ether and Yobit (well known pump and dump exchanges) cannot continue and is not sustainable. Too high a percentage of the tokens will be in the hands of whales who can manipulate the price too much.
Everything can change in a new york minute but a bit of that big apple talk about exchange partnerships would put some of my concerns to rest about where IFT are right now. Relying on community competitions and free good will from exchanges is not going to take IFT to the next level value wise.
I am going to put all this aside for now, wear my positive face and get behind the team for the beta release but if we don't start to see progress in this area of secondary exchanges for the token or even clear communication about intentions in this area my fears will grow that no matter how good the IFT application is, people will start to dump the token.
I see little point running a marketing and PR campaign if your best secondary exchange remains Cryptopia.
Good luck with the beta launch though, lets see what the team have in store!