12/08 ANDY HOFFMAN (CryptoGoldCentral.com): How Undervalued is BRhodium?
Going back to January, I have written four articles about BRhodium’s likely valuation (the last, in September) - and I still believe it should initially trade at a higher market cap than BDiamond; and shortly thereafter, BGold. Which, assuming an initial supply of 750,000 BTRs, would value BRhodium at roughly $310/BTR to match BGold’s market cap, or $160/BTR to match BDiamond’s. This, compared to current OTC prices - in my view, the product of an EXTREMELY skeptical crypto market…of roughly $4/BTR!
Putting the disparity with reality in further, jaw-dropping perspective, Lightning Bitcoin and Super Bitcoin (Bitcoin forks from last December) might be the two most useless alts in all of crypto. Yet, they sport market caps of $45 and $33 million, respectively.
Consequently, if BRhodium merely trades at those pathetically low market caps post exchange launch, it will be $66/BTR or $48/BTR, respectively. This, despite Bisq trading having been launched this week, with a major crypto exchange listing scheduled for the first quarter of 2019!
If you have any questions about BRhodium, or BTR OTC trading, please email me at [email protected].