Why loopring will go from $0.50 to $5.00
With the amount hacks and regulations a decentralized exchange is paramount to the survival of cryptocurrencies.
Loopring sits around the $0.50 mark with a tiny 150M micro-market cap. The value of a decentralized exchange cannot be understated. The sum of the current value of the centralized exchange's tokens such as BNB lie around the 1.5B valuation. Loopring can very easily and quickly eclipse these centralized exchanges.
Loopring has the most sophisticated and highly developed decentralized exchange technology as evidenced by their whitepaper.
They have recently announced a partnership with one of the world's leading blockchain consulting firm MLGBlockchain and secured future funding and talent.
Thus a quick calculation gives us a minimum 10x increase from 150M to 1500M. Hence the value of the token will rise from $0.50 to $5.00.
Note: This is a minimum: loopring will provide more value than centralized exchanges so I could easily see it going to $20
Source: https://www.reddit.com/r/loopringorg/comments/7nxipv/why_loopring_will_go_from_050_to_500/
