RE: any price predictions for the course of the year?30 Apr 2021 10:16
Morning - not sure anyone has a number in mind, more and order of magnitude to compare against once OTC listing is there and probably this is based on three factors:
1. ARB and KR1 did 5x - 7x in a few weeks of dual listing as the US do appreciate the crypto area more
2. CWRKS is a comparator - slightly behind VLRM I think but 5x MCAPish (ICBU below another comparator - 2x)
3. Vinay Gupta - the others do not have a co-founder of Ethereum and we do and I hope the US really gets that
So we have 30p now - I think 50p will be easily achievable - if it rockets then £2 is not really too distant as only £128m MCAP at that so about $180m MCAP - which is a premium of CWRKS but CWRKS peaked at $180m MCAP on the initial run.
The other thing we have going for us is only 64m shares in issue and a lot in very sticky hands.
Still do not get why UK hasnt latched on to these key facts as the MCAP is nothing compared to US peers.
And yes, you can read in to this that I am bullish about the OTC listing effect but wont put a price on it.......