Interesting. @hedge-x do you know why coinmarketcap is showing " ? " in circulating supply of EOS? If coinmarketcap put the correct value (1 billion coins) EOS would be in the top 10 right now.
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Interesting. @hedge-x do you know why coinmarketcap is showing " ? " in circulating supply of EOS? If coinmarketcap put the correct value (1 billion coins) EOS would be in the top 10 right now.
The market cap is the current USD price times total supply at 1 billion coins that will exist when all periods are over. EOS is just about $2.7 billion now. I thought $888 million valuation in end of first period was a cheap as it gets so I loaded then. Who knows maybe it falls back down past the first 5 day price but I doubt it. Too many people thought they would be clever by waiting for later to buy but the space is moving so fast, its probably only going to get more expensive.
Does this mean that it will not be in coinmarketcap until the next year? I understood that all the coins already exist.
@hedge-x looks like it's going back to $1, it was all FOMO. I looked into many ICOs history and I think there is always a better opportunity to buy later on when all they hype go down. If you know any examples of tokens which never wen't below the ICO price i would like to know.
Currently the only coins that exist are from the first two periods of the ICO. So the market cap should just be those coins multiplied by the price. All the future ICO periods could be considered like mining in a sense. But currently there are only 202,000,000 coins circulating.