10-24-2020, 02:36 AM
Moons: 2,8 m market cap for a coin with 1,1 m user base
<!-- SC_OFF --><div class="md"><p>Have you thought how tiny the MC of Moons actually is. Provided the price stays at 0.07 after the next distribution, the MC will only be around 2,8 m. Even with the total supply of 250 m (only in 2035) and the price at 0.1 it’d make only 25 m, 250 m - at one buck.</p> <p>Another point to consider is that, just like Bitcoin, it’ll never reach max supply in reality - afaik only half (35 m) Moons have been already claimed from the total of around 70 m distributed. In less than one month, the 6 month period for claiming the first (and the largest) chunk of Moons expires. It most likely means most of these 35 m Moons will never be claimed. Plus half of the Moons spent every month are burnt.</p> <p>I know, I know being able to buy gifs doesn’t actually make them global digital currency of choice. But even adding merchandise and some of the other popular crypto subreddits to the use cases, would already expand the scope substantial. And those are more than easy to implement, while the scope of more elaborate use cases for 1,1 m users is real wide. </p> <p>Bottom line - it’s really not bad having Kraken interested in potentially listing a 2,8 m MC coin
</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>Have you thought how tiny the MC of Moons actually is. Provided the price stays at 0.07 after the next distribution, the MC will only be around 2,8 m. Even with the total supply of 250 m (only in 2035) and the price at 0.1 it’d make only 25 m, 250 m - at one buck.</p> <p>Another point to consider is that, just like Bitcoin, it’ll never reach max supply in reality - afaik only half (35 m) Moons have been already claimed from the total of around 70 m distributed. In less than one month, the 6 month period for claiming the first (and the largest) chunk of Moons expires. It most likely means most of these 35 m Moons will never be claimed. Plus half of the Moons spent every month are burnt.</p> <p>I know, I know being able to buy gifs doesn’t actually make them global digital currency of choice. But even adding merchandise and some of the other popular crypto subreddits to the use cases, would already expand the scope substantial. And those are more than easy to implement, while the scope of more elaborate use cases for 1,1 m users is real wide. </p> <p>Bottom line - it’s really not bad having Kraken interested in potentially listing a 2,8 m MC coin
</p> </div><!-- SC_ON --> Kind Regards R