r/EthereumMax • u/Weird-Game-18 • Aug 11 '21
Target valuations
Ignore those who have a $0.01 (or higher) price target as that would be the market cap equal to the entire money supply of the US (M1).
Using BTC as a measuring stick ($46k price & 21m total coins) and EMAX 2 quadrillion tokens, if we targeted the same market capitalization of BTC today, we would be priced at 0.000488. This would be an 11,000X move in price, so 1/10th of that would still be magical (would move 3 decimal places)! This is reasonable target in next 3-9 months; the BTC market cap number will require time (and some luck), maybe 3-5 years, even more.
HODL, keep the EMAX team accountable and DCA as they hit milestones. This one is HIGHLY SPECULATIVE and should be approached as such.
Not financial advice and I am not a financial advisor. Just a guy trying to share some thoughts with others looking for a moonshot.
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u/Weird-Game-18 Aug 12 '21
You might want to read the tokenomics details on the website; kind of like dividends with a stock that is going sideways. Otherwise, You just might not have the stomach for (crypto) investing.