Community member on the Iconomi Slack posted this chart comparison between ICN and BTC showing similarities between BTC until it was $1.200 and ICN now.
If this isn't bullish enough, check Iconomi's Price to Book ratio- currently at 0,83 - you have it on this website.
I know that crypto is a different animal, but if you compare Amazon's, Google's or any other big company's P/B ratio, you will notice the big difference.
Another significant change in last few days is the amount of $ deposits - it is climbing from a few hundred K to over $1M daily and pushing towards $10M daily.
Check out their DAAs-crypto management fonds and their performance.
you can even play with DAA Simulator:
But also visit Iconomi's official website and compare DAA's.
If it takes longer than usual for the webpage to upload, please be patient, the page is under a heavy load these days.
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Thank you @telasius for promoting this post together with https://steemit.com/budget/@jerrybanfield/introducing-steem-budget-proposals
Considering that most cryptos have no value, a P/B ratio of 8 should be more than realistic esp in that fast growing environment. Could be also 20 ofc
Yes, in crypto noone is talking about it, but it is a nice indicator.