Date: January 24th, 2018 1:47 PM Author: slimy stain
dont look at it from USD perspective. ICO price was fixed based on ETH price at that point and ETH price has moved up a lot since then. real ico price is probably cheaper in USD (~USD 0.005)
Date: January 24th, 2018 2:00 PM Author: slimy stain
honestly i dont know. the founders are solid and top XO crypto bros have vouched for it. the vision and roadmap is clear and interesting but not as flashy as an utility coin. but crypto price is heavily dependent on state of the market bubble so who the fuck knows what this will all add upto
i am operating on the assumption that 1B market cap is the midpoint of the range (600M~1.2B) where it will be when it gets listed on major exchanges. thats around $0.17 and i am going in based on this assumption
even seriously established coins have a tough time breaking out of $3B cap so it is wildly optimistic to expect ZIL to break 3B ($0.5) or 6B ($1) right out of the gate when it gets listed on binance etc. also note that there will be profit taking by some ICO buyers who wont sell on ED and wait till binance so that will also play against a rapid price raise. from their perspective even $0.2 is almost 40x ICO and ppl will cash out
do your own analysis bcos for all i know ZIL could hit $2 in 2 weeks. but i am being more conservative myself
Date: January 24th, 2018 2:16 PM Author: 180 Station
Compare to the market cap of already established protocol networks (EOS/NEO/Ethereum/whatever else). It will rise based on traction against those networks. It's in direct competition with them. People have to build on this for it to be worth anything.