So, here is my take why Electroneum will surprise many naysayers.
I'm just looking at some of the "shitcoins" (not my terminology, this term is widely used in the crypto world) out there with less momentum and less hype when they started. Some of those coins broke into the $1.00 range within a week. People talk about market cap being the deciding factor of what Electroneum will be worth when it hits the markets. Let me tell you that market cap does not mean everything. Market cap plays a bigger role in the stock markets where supply of shares can be altered. In cryptocurrencies, like Electroneum, there is only a finite supply. Here's an analogy, let's pick gold for an example, we all know that there's is only a finite (not infinite, that's the difference) supply of it but no one cares what the price of gold is or it's market cap for that matter. Did anybody care that gold was only in the $800's in 2008 and then doubled in only 4 years, in 2012? No, the demand is not created by the market cap of an asset. It's the demand that drive's the value of it. Not all the rules of your traditional markets apply to this new era of "trading". In the current times we live in, the success of a company is driven by social media, and hype. Electroneum has an edge in those categories; just look at the team leading it. My price prediction: given that there's no data, yet, to analyze, I think we will come out of the gates between $0.10-$0.50. Give it a week or two and we will be in the whole dollar range of $1.00-$5.00.
"But what do I know?" - Fugazi!
