Most likely yes, when its development is divided into many factors that increase its price, thats why increasing has some chances to be in near future.
What huge factors do they have in place to put a evaluation of $100,000,000 ?
It probably can, but not immediately. Lately everybody wants to get rich overnight and people have no patience, so many will be disappointed if it will not skyrocket immediately.
So you think it could reach $100m purely using the Enjin Community? Like I have said it will be extremely hard for them to scale, so the market for this coin will likely only be for the Enjin community in which I would expect 20% to adopt over a good amount of time
No, it cannot reach that high. But it is difficult to predict what happen in this complicated market. I don't think also it is a good coin, the competition will not allow it to reach that high.
I dont think this coin will actually be scalable which makes me not so sure about the investment
My answer is simply NO, Their logo, coin name and domain name is enough to realize that this project is not good at all.
I wouldnt say the project is awful, I think it just got over hyped and is way to expensive right now
Everything is possible to happen and maybe enjin can reach 100 million dollars market cap . But the percentage for sure is very low. But enjin coin is one of my favorite because I see the potential of this coin to increase more in the future so if you have extra money its better to invest now in enjin and for sure you will be happy for the result because you earn some profit.
What do you see in it though, I dont see it being scaled outside of the community so I doubt it can reach 100m$
Enjin has always been my favourite ico because i know that the project spent a lot of money on promotion on this forum and in other bitcoin forums and platforms, and it looks that it was worth it because they raised a lot of money because of that, their signature campaign lasted for more than three months and it was a huge money from the developers.
But 100 million dollars is a huge amount of money, i doubt it, but it will probably happen in a months or maybe a years from now.
If everything worked very perfectly then maybe it could reach $100m I agree. However it certainly isnt likely imo
It's definitely possible, but will take time. Long term, adoption will be key. If the team and community can push far reaching adoption I could see it reaching that market cap.
If they can get over 20% of its community to adopt it, then this could be pretty huge
with the right marketing it will probably go even higher, tho my guess is atleast 6months - 1year before any serious growth.
the idea is good.
Well of course, they are not doing anything crazy for a few months.
$100 million market cap is not that a big deal in crypto, the team just need to deliver a sound platform, most of these gaming platform seems to me like they are over estimating the potential in the market or maybe they are just lasy to pushing forward with their plan
Doesnt mean $100m is easy to reach though. I agree, I think they are overfunding and I don't believe they actually put enough time in studying the market and space.
