The anon dApps are going to be pretty incredible. I'm just really glad NAV is finally getting the recognition it deserves. The NAV team should be very proud of the time they've invested in making such a great wallet and coin.
What range do you consider the 3rd tier? 50 - 75? What market cap ranges?
Spot on @unlockrs
@crypto-investor your YouTube videos were the first one I came across that were talking about Nav Coin as an investment. Looks like it is paying off! Congrats to all you guys that are holding Nav Coin. I ended up bouncing out of the coin, but I still see the potential in it. I may look at reentering sometimes in the future.
These days 3rd tier is most of the top 100 is kind of how I look at it. Basically, they are solid projects that are not big or huge yet, but they have some capital with them. From this range, is where we see most of the pushes up into the top 30. Before that final push happens, usually there can be periods of waiting. Get a high spike up into the 3rd tier status, more people learn about the project, and usually then there is a lull or a pull-back, but that pull back will probably be above 1 USD at this point since it is just breaking out.
Steem I consider like a 2nd tier coin. Top tier is pretty much top 10, or we could just arbitrarily set it at 2bil + right now.
Good stuff. I was in the slack channel and browsing the NavCoin reddit and people are starting to call it the "Ethereum of Anonymity". I don't really agree with the name or want NAV compared to ETH, but if it helps get NAV the attention it deserves I'm pro.
TBH, should be better tech than ETH (not saying the price will beat it). I trust the devs here more. Does their system gain traction for real users in the long-run? I don't know. But speculators will bid it up even if there are no users.
I personally like the concept of branding, "Anonymous ICO's" ... this use case says it all. Smart contracts are neat, but no one hardly knows what to do with them at this point, and block times make things clunky. EOS is probably the future of smart contracting apps. ICO's and other tokenized assets, though, there might be a market for anon ICO's and it would at least have some interest around the concept.
Check the price again 1.27 at the moment.