Doing a little research this morning.....
Currently Bancor BNT is being suppressed by a supply of coins at the .0004 BTC level. Other than that there is no good explanation why BNT isn't trading at a much higher price. This is likely a setup for an explosive upside move as supply above the .0004 level is very thin.
Long-term:
Comparatively speaking Bancor at $1B market cap is quite reasonable. The all-star team at Bancor has accomplished more since launch than most other high cap coins and we must ask ourselves should Bancor be the next $1B coin. For example, TRON a product with a great team and concept is still in development. By contrast Bancor raised $150M when ETH was half its current price meaning the Bancor foundation is likely sitting on over $200M USD in working capital to continue development on products that are already in the market.
https://blog.bancor.network/bancor-progress-update-466766be1dc6 (Progress Update)
There are a number of ways to evaluate an asset. In the case of Bancor the simplest approach is to look at the people associated with the project. These three names (Eyal Hertzog, Bernard Lietaer, Tim Draper) put Bancor head and shoulders above almost every other coin. Combine this with the opportunity for Bancor to take a leadship position in fintech and the limited supply of coins built into the protocol begs a $1B cap. https://www.bancor.network/about
Short-term it looks like Bancor is trying to breakthrough a supply of coins at .0004 BTC. Once that glut is consumed (possibly within the next 24 to 48hr) the upside for BNT could be considerable.
Update: The INS ICO is a good example of how Bancor benefits crypto transactions in a practical application.
https://blog.ins.world/integration-of-the-bancor-protocol-for-inter-chain-liquidity-2c0abe8dcb98
