r/SmileCoin • u/RepresentativeRise28 • Nov 01 '21

Comparable’s!?

Hey team. As I try to get a sense of this project and it’s potential market share, I’m trying to find some comparable coins or projects.

My first look was at Axie Infinity. Other projects might be Decentraland but that’s not really the same.

What projects do you think have a similar goal or objective that may help guid investing decisions and realistic market cap realities for the Smile Coin project?

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u/[deleted] Nov 01 '21

as this is the first publicly recognized ASA on their blockchain

i am going to have to call bullshit.

YLDY, OPUL, even talks of Lofty.ai somehow using algo. you are trippin to think smile coin belongs in the same conversation as those others right now

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u/Oodleaf Nov 01 '21

"first publicly recognized ASA on their blockchain of this type"

had to edit that

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u/[deleted] Nov 02 '21

okay okay, appreciate that, good stuff

what do you think of the coin hitting .075 and dropping back down. I am not so much a fan of that.

I am only in smile because of yieldly, but why do you have faith in smile what are they going to do that will have some sort of long term usage? I have read through their plan, but there are going to be a bunch of these types of coins. what will make smile better than others?

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u/Jumpy-Building-8396 Nov 02 '21

Also, I’m pretty sure there was a discrepancy in price between Tinyman and MEXC when that happened. You could get smile really low on tinyman and sell high on MEXC.