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RE: STATUS ICO in 1 HOUR!!

in #cryptocurrency8 years ago (edited)

I wouldn't get my hopes up too fast.
Please read my blog post that I just wrote about the Status ICO. There is a crucial detail that should not be overlooked.

https://steemit.com/steemit/@kriptortsoi/snt-potential-status-ico-investors-beware

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All you said is good, giant ICO will be more in the news and probably mainstream, and they are selling each coin at around 3 cents, with the amount of possible coins that they are selling it´s impossible being below 30 cents when it hit the exchanges :)

It isn't the price of coin that matters - it's the market cap that matters.
SNT will have a value of over 100 million USD right out the gate. That's the range where coins like Aragon, PIVX, Syscoin occupy. It will be extremely lucky (and highly unlikely) if any of these coins can go 10x from where they are now, including Status.