/biz/ - Business & Finance

My least conservative estimate would be $20-25.
That would put it at a Mkt Cap on par with NEO (The reason for this benchmark is because I see it as having similar utility/potential) which would imply a 40x return. Unless there is more money being pumped into crypto overall, majority of the funds are going to stay in the large cap coins. I feel that the momentum isnt here yet and the NEETs on this board are doing everything they can to shill this.
The relatively high supply of 350MM is also what compliments my $20-25 estimate which implies that we are already at a fairly high valuation at the $0.7-0.6 range.
The project seems promising. The only people shilling it are external people unconnected with the operations. The core team has very limited social media presence which imo points to them being conservative.
I definitely see uncertainty but I also see a good story/idea and I feel like the corporate governance checks and balances are in place.

(Disclaimer - I own LINK and have been following this closely for a while now and as a professional equity analyst and not a trader, I believe that this is a good medium to long term hodl.)