Prize Analysis For Electroneum
SUPPLY, DEMAND, PRICE ANALYSIS FOR ELECTRONEUM
"Cryptocurrencies Could Reach $5 Trillion by 2022," says Billionaire Investor Michael Novogratz
"Using Fiat Currencies in Five Years Will Be Laughable," says Billionaire Investor Tim Draper
So, unless you have more money than them, let's just assume that crypto market reaches $5 trillion in 5 years.
Let's talk supply and demand. Supply first. I don't have an emission rate data for ETN at the moment, so let's use Monero's emission rate, which shows that around 75% of max supply will be mined in 5 years (inclusive of premine), and the remaining 25% which will have greater difficulty will be mined in the following 30 years. Now we have 17.5 billion ETN in the year 2022.
Supply is limited, demand is not. Let's analyse the coin with the biggest growth (demand) since a year ago.
NEM
Supply: 8,999,999,999 all pre-mined
Growth: 70x - 100x
Wallets with balance today: 44,495
NEO
Supply: 65,000,000 all pre-mined
Growth: 100x - 120x
Wallets with balance today: 88,147
Clearly, NEM and NEO both have very different supply count, but comparable growth. What drove the growth? Demand. They have more than a year headstart before Electroneum, and have less than 100k active wallets today respectively.
Now compare that with ETN's 400,000 wallets. Let that sink in for a moment. Demand for ETN is over the roof! And the team hasn't even gone full force on increasing adoption yet! Imagine people sitting in a train/cafe/bar just sharing about Electroneum and all you need is a smartphone to get started. How easy is it for someone to jump in compared to using a computer? Humans are generally attracted to simple, convenient stuff that gives instant gratification. Mobile mining? Game? Seeing ETN in 2 decimals immediately on the app? That's instant gratification.
Events in the pipeline:
social media campaign
animated explainer video
virtual currency exchange
send electroneum by messaging app
partnership with gaming industry
console mining
translation in many languages
influencer marketing
hiring more professionals
celebrity endorsements
online voucher apss
joint venture with other brands (crossover)
whitelabelling
market Electroneum as the global cryptocurrency
target millions of people with smartphones without bank accounts
Tim Draper said, "My guess is that it will centralize around a wallet that you have, and when you pay for that Starbucks, your wallet will optimize to whichever currency has most value — If it doesn’t get simplified it won’t get adopted — good marketing people will simplify all use of these things."
Which is more ‘human’? 1.20 ETN for a Starbucks latte or 0.00009420 BTC?
So we have a target year: 2022
An estimate circulating supply: 17.5 billion ETN
Higher demand than the 2 best-performing coins for the past year: Top 6 achievable
Back to crypto market cap in 2022, $5 trillion. Assuming Bitcoin is the defending champion and still reigning the market share, BTC will have a $2.9 trillion market cap. $2.1 trillion market cap is shared among all altcoins, including Electroneum.
Which other coin is so laser-focused in achieving mass adoption? I can’t think of any at the moment. All other coins are just ‘preaching to the choir’ of the crypto community, pulling out tech dicks and shoving at each other’s face showing who has better tech. Once the team starts to do their job of marketing Electroneum, will you do your job of hodling it so that the supply is even tighter for the increasingly overwhelming demand?
Tech is already here. Mass adoption is next, and Electroneum will be the one to achieve it.
SUPPLY, DEMAND, PRICE ANALYSIS FOR ELECTRONEUM
"Cryptocurrencies Could Reach $5 Trillion by 2022," says Billionaire Investor Michael Novogratz
"Using Fiat Currencies in Five Years Will Be Laughable," says Billionaire Investor Tim Draper
So, unless you have more money than them, let's just assume that crypto market reaches $5 trillion in 5 years.
Let's talk supply and demand. Supply first. I don't have an emission rate data for ETN at the moment, so let's use Monero's emission rate, which shows that around 75% of max supply will be mined in 5 years (inclusive of premine), and the remaining 25% which will have greater difficulty will be mined in the following 30 years. Now we have 17.5 billion ETN in the year 2022.
Supply is limited, demand is not. Let's analyse the coin with the biggest growth (demand) since a year ago.
 |
| Prize Analysis For Electroneum |
NEM
Supply: 8,999,999,999 all pre-mined
Growth: 70x - 100x
Wallets with balance today: 44,495
NEO
Supply: 65,000,000 all pre-mined
Growth: 100x - 120x
Wallets with balance today: 88,147
Clearly, NEM and NEO both have very different supply count, but comparable growth. What drove the growth? Demand. They have more than a year headstart before Electroneum, and have less than 100k active wallets today respectively.
Now compare that with ETN's 400,000 wallets. Let that sink in for a moment. Demand for ETN is over the roof! And the team hasn't even gone full force on increasing adoption yet! Imagine people sitting in a train/cafe/bar just sharing about Electroneum and all you need is a smartphone to get started. How easy is it for someone to jump in compared to using a computer? Humans are generally attracted to simple, convenient stuff that gives instant gratification. Mobile mining? Game? Seeing ETN in 2 decimals immediately on the app? That's instant gratification.
Events in the pipeline:
social media campaign
animated explainer video
virtual currency exchange
send electroneum by messaging app
partnership with gaming industry
console mining
translation in many languages
influencer marketing
hiring more professionals
celebrity endorsements
online voucher apss
joint venture with other brands (crossover)
whitelabelling
market Electroneum as the global cryptocurrency
target millions of people with smartphones without bank accounts
Tim Draper said, "My guess is that it will centralize around a wallet that you have, and when you pay for that Starbucks, your wallet will optimize to whichever currency has most value — If it doesn’t get simplified it won’t get adopted — good marketing people will simplify all use of these things."
Which is more ‘human’? 1.20 ETN for a Starbucks latte or 0.00009420 BTC?
So we have a target year: 2022
An estimate circulating supply: 17.5 billion ETN
Higher demand than the 2 best-performing coins for the past year: Top 6 achievable
Back to crypto market cap in 2022, $5 trillion. Assuming Bitcoin is the defending champion and still reigning the market share, BTC will have a $2.9 trillion market cap. $2.1 trillion market cap is shared among all altcoins, including Electroneum.
- $0.10/ETN makes it #79 rank with $1.75 billion market cap
- $1/ETN makes it #16 rank with $17.5 billion market cap
- $10/ETN makes it #5 rank with $175 billion market cap
- $100/ETN makes it #2 rank with $1.75 trillion market cap
Which other coin is so laser-focused in achieving mass adoption? I can’t think of any at the moment. All other coins are just ‘preaching to the choir’ of the crypto community, pulling out tech dicks and shoving at each other’s face showing who has better tech. Once the team starts to do their job of marketing Electroneum, will you do your job of hodling it so that the supply is even tighter for the increasingly overwhelming demand?
Tech is already here. Mass adoption is next, and Electroneum will be the one to achieve it.
0 Response to "Prize Analysis For Electroneum"
Posting Komentar