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RE: What Will the Price of Steem Be at the End of October 2018?

in #steem6 years ago

The current market cap of Steem is about $255 million. $97 per one STEEM means a market cap of about $25 billion or that of Ethereum today. I'm assuming that the total market cap of cryptocurrencies will be 20-50 larger than today and that the share of Steem of that will be 2-5 larger than today. Why am I expecting Steem to do better than most other cryptocurrencies? Because Steem has a growing ecosystem and has a lot of actual use even now.

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Thanks @markkujantunen for sharing your reasons! I do echo your last sentence (: