 | Hi everyone! Today the price of our lovely Moons is floating between $0.38 and 0.58 so I've decided to do the homework for you guys and do the market research to show you the future potential of our project. Okay, let's start with some Moons data, as you can see below the circulating supply is out of date currently, should be updated to 121kk (121 million) of coins which that would give us around 53,5kk market cap and around 393 place in the rank, maybe not big change in comparison to what we can currently see below but still, the data needs to correct for the right results. As we know a little bit more about our Moons now let's start with comparing it to another project, for today I have chosen Toncoin (TON) which has been released by Telegram (another social media platform). I just want to show you guys the power of being a social media platform; first question which comes to my head is: is telegram bigger than reddit? To be honest I can't answer on that question as I don't have that much data in my head to be able to specify which one of them is bigger but it doesn't really matter in this case. Toncoin, placed on 30th place in the rank, very high but that's exactly what we expect from a big social media platforms to be, right? Quite a lot of coins in circulation, but that's just my personal opinion as I am not a fan of project with trillions of coins (mainly meme coins). Max supply is also unlimited but because of being listed on Huobia nd Kucoin (mainly because of them two) , it's daily trading volume excides $30m today, with Moons we have had around $4.5m daily volume yesterday so you know, Moons being listed on Huobi equals minimum +$10m to daily trading volume and more exposure to investors. The below picture shows us the price of Moons when they would reach same market cap as Toncoin, personally I dont think it's possible now but it could be possible in the 2025's bull run which we all waiting for. Don't get hyped to much about the below picture, it's just a POTENTIAL future growth for social media platform project. First things first before we attack higher heights, we need to get into top 100 and to do that, we need to have price above $3.5, ideally $3.75, is it achievable? Yes. When? Nobody knows, definitely before the bull run. It will actually be less than $18 as the circulating supply is not correct Have a great day everyone! [link] [comments] |
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