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I see many people doubting 1 $eGLD might reach $5k this bull cycle. Let me explain why I think it's absolutely possible.
one mistake a lot of people make is focussing on a price of an asset. imo it's better to rather focus on the marketcap - MC.
a thread
one mistake a lot of people make is focussing on a price of an asset. imo it's better to rather focus on the marketcap - MC.
a thread
In the 2017 run both XRP and ETH were valued at more than 130B MC each. There were no institutional investors back then, only retail.
This time is different. Money printing all over the place.
This time is different. Money printing all over the place.
Now let's take a look at Elrond - which positioned itself as the blockchain that will cause an avalanche of mass adoption in the coming months.
Elrond is currently valued at about $1.2B MC
Elrond is currently valued at about $1.2B MC
only 4 days after @getMaiar launch, Elrond crossed the 2M transactions mark, more than 70k accounts created. this is what adoption looks like. and the FOMO hasn't even started yet. In the coming month we will an avalanche of projects coming live on the Elrond blockchain
it would be criminal to think that Elrond would not be among the top 10 if not top 5 crypto projects this year. In this bull cycle, BTC will go well above $1T valuation - that's a fact. ETH too will cross the $1T MC mark.
putting Elrond, one of the most performing projects in all aspects of 2021 - between $50B - $100B MC is a no brainer.. that will put 1 $eGLD at about $2.5k - $5k. That's a 33X - 66X from here.
We are super early and are currently witnessing some minor price actions.
We are super early and are currently witnessing some minor price actions.
when the real bull run starts, you will see numbers that your brain cannot process. We are about to witness the biggest bull run never seen in history since the BTC whitepaper. Be smart, invest wisely and ignore the noise.
$eGLD @ElrondNetwork
$eGLD @ElrondNetwork
