Last night, SUB hit an all time high of $1.34. At the moment, price is settling in around $1.
In my initial price prediction post, I said SUB would hit $1.50 by the end of January following a successful beta launch and platform demonstration. I'm now revising that figure to $2.
I honestly didn't think price would go up this quickly. Normally, I would say it's unwarranted, but Substratum is different. Before this pump, SUB was heavily undervalued at ~$150 million.
To me, this pump to $1 is a combination of much needed price discovery and whales breaking the $1 psychological barrier for a quick pump to $5 after the platform is released. It could also be insider accumulation before a listing on Bittrex or a McAfee tweet.
Regardless, I don't consider this to be a pump and dump situation. At its current $250 million market cap, SUB is still undervalued compared to many projects with higher valuations. However, don't be surprised to see a retracement to ~$0.80 after this monster rise.
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