When you do a simple math calculation, even if it is actually ethereum killer, considering the total amount of coins, we get a result of $ 75. currently around $ 15.
It was advertised like crazy because its founder is also the founder of steem.it. So much money has been collected that if they spend this money on advertising from now on, they could even become bitcoin killer.
they may be but only through advertisements. not with its usage, widespread use, technology. they even proved that they didn't even need to produce anything. fools will continue to buy anyway. just spend the money on marketing.
The market value of a technology currently used to generate thousands of tokens is $ 66 billion, while the token in this ico stage is $ 13 billion is a bad joke.
There is no product, no wallet, no working system, no testability, no use, but it has already reached one-fifth of ethereum's market value. It's like the farm bench of the crypto universe. a token that is bought because everyone buys it. If you ask, there is no one to explain why. most "because it will replace ethereum." they say. not knowing how to take it, in which way it will be superior. because they watched it from commercials.
I am not even talking about the inflation rate yet. 5%. In other words, the amount of supply will increase by 50,000,000+ each year. In other words, more than 100,000,000 coins will enter the market in two years. which is almost equal to the total supply of ethereum at the moment