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RE: EOS Cryptocurrency ICO Market Capitalisation and Reasonable EOS Purchase Price Estimate
why is the market cap in your worksheet showing at ~$1B while the market cap on EOSscan showing ~$2.7B ?
why is the market cap in your worksheet showing at ~$1B while the market cap on EOSscan showing ~$2.7B ?
From my point of view the EOSscan market cap is calculated from the current EOS price on exchanges like Kraken etc. and total supply of EOS tokens 1,000,000,000 EOS. That it is why it looks over inflated similarly like prices on exchanges. The EOS Market Cap in worksheet is estimated and calculated differently. It is calculated from the demand of EOS token participation in each ICO participation window. It seems it slows down, that it is why this could be more real market capitalisation expected in a year. We will see! I prefer to not to invest in the over inflated market, where is no potential of reward and high risk, which is currently. It could be hard for the EOS project to remain EOS tokens demand for the whole year the same as it was at the beginning, that it is why this could be real market capitalisation when the EOS ICO is finished in a year. Hope it can be useful for everybody to calm down, calm down the market and allow invest smartly only with good prices. If there is not such opportunity, I am ok not to invest in EOS. And invest into something else in the meantime.