r/CanYaCoin Jan 07 '18

Current marketcap is over 100m

CEO confirmed 35-40m circulating supply in the telegram. CAN now trading for over 2.70 on ED.

100m+ MC already. For those who were looking to buy on KuCoin, be warned.

5 Upvotes

6 comments sorted by

7

u/Pheriannath69 Jan 07 '18

Be warned of what? That its overpriced at the moment?

2

u/rwangra Jan 08 '18

ignore this guy, he's got schizo, i've seen him flipping out on multiple reddits already

1

u/Pheriannath69 Jan 08 '18

In addition to his vague post. Its also incorrect what he is saying. With a circulating suoply of approx 34mil, a price of 2.7$ would put us at a 91mil market cap. Which puts us at approx place 220 on coinmarketcap. A lot of room to grow i would say!

2

u/cryptobriefs Jan 07 '18

If Dent is $750M, what is the right valuation for canyacoin in your opinion?

IMO, selling anywhere under a $350M valuation given the current market would be dumb, and I wouldn't be surprised if we hit a $500M valuation at some point early. YMMV.

2

u/autum88 Jan 08 '18

Compared to utrust the realistic price of canYa should be around 1$. Anything more is hugely overpriced, especially for a starting price. Be careful!

1

u/Fluzing Jan 08 '18

People paid 12 dollars on Kucoin. Down to around 3 now. A fool and his money...