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RE: 3.4 BILLION: That Is The Potential Market For The Steem Blockchain...Is $100 A Coin Unrealistic?
Great analysis. $100 a STEEM will make it coin of $25B market cap, currently at ETH level. At 10M user level and successful SMT, STEEM can reach $10 easily due to demand for STEEM (new users want STEEM for powering up). To be $100 a STEEM ($25B), we need 100s of Million users and SMT based ICOs have to be successful as ETH based ICOs.
Do not forget to factor in the other apps like DTube and Zappl. Those apps use the same info in the blockchain so there is no difference. That is the magic of this environment, the apps only help to increase the value of the blockchain. They arent separate silos.