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RE: Verge Prediction 2018

in #bitcoin7 years ago (edited)

XVG achieving a $1.00-unit price would require an increase in market capitalization of 6.25x as of today’s date. That would place XVG at a market capitalization of approximately $14.5B, or top 6 crypto assets as measured by overall market capitalization at of today’s date. This is not outside the realm of possibility but would require extraordinary speed to market in relation to other privacy coins and/or and overall increase in the rate of growth in crypto as an asset class during 2018. Most of these assets are not being used as intended and instead are being held by speculators with expectations based on future potential of the platform to develop into its intended use. Therefore, product roadmap and successfully hitting development deadlines will continue to be the tail wagging the dog on individual projects. In the interest of full transparency, I hold XVG in my portfolio.

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