IGNIS futures are currently rated at 2.35$
https://coinmarketcap.com/currencies/ignis/But current price for 1 Jelurida (JLRDA), which will be 1 IGNIS after snapshot, is only 0.0145 NXT which is about 0.02$
This means futures are rated more than 100 times higher than the "real" rate.
How do they calculate the rate of those futures?
Let's imagine the rate of the futures is just fake, this would mean current NXT pump is only due to false expectations.
NXT rate soared to more than 1$.
Of course it still seems to be a good price, if you are expecting a future price of 2.35$, because you only pay 145 NXT for 10,000 IGNIS.
Rate always falls sharply after snapshot, but I guess here we will see a huge dump. Rate could be around 0.05$ within a few days after snapshot, because that's the rate of NXT only 1 month ago (before pump started).
What do you guys think?