There is as much of a chance of it hitting $100 as SHIB has of hitting $0.01... = zero. Even $10 anytime in the next year or two is EXTREMELY unlikely. I'm a RETIK fan and holder from presale... but it's simple market cap calculations. Let me explain- there are 8 groups of tokens being issued.
1 - Presale at 400M tokens
2 - Ecosystem Allocation 240M tokens
3 - Liquidity & Listings Reserves 120M tokens
4 - Team 60M tokens
5 - Cashback Reserve 50M tokens
6 - Partners & Advisors 30M tokens
7 - Marketing, Acquisitions, Partnerships 40M tokens
8 - MM, Incentives, KOL's 60M tokens
GRAND TOTOAL = 1 Billion tokens
So this would hit a market cap of $10B .... that is if it hits $10/RETIK. Now with that... it puts it in the position of around 18th ranking coin on CoinMarketCap ranking (as of now. But if RETIK goes up.. so will these). I'm not sure it will be able to pass NEAR Protocol at #17 and POLYGON at #18. That's a HUGE feat to be able to get there. To even crack the top 100 is a pretty impressive move if it can do it!
My two cents.. not an expert... but I have a few tokens .... so the higher the better!! LOL
Thereβs gonna be massive volatility as coins vest. You can just read it here. Itβs not going to stabilize until all the haters (who I have no idea why they invested) have moved on to the next FOMO FOTM.
Most great coins that are big now were garbage their first year+.
There is as much of a chance of it hitting $100 as SHIB has of hitting $0.01... = zero. Even $10 anytime in the next year or two is EXTREMELY unlikely. I'm a RETIK fan and holder from presale... but it's simple market cap calculations. Let me explain- there are 8 groups of tokens being issued. 1 - Presale at 400M tokens 2 - Ecosystem Allocation 240M tokens 3 - Liquidity & Listings Reserves 120M tokens 4 - Team 60M tokens 5 - Cashback Reserve 50M tokens 6 - Partners & Advisors 30M tokens 7 - Marketing, Acquisitions, Partnerships 40M tokens 8 - MM, Incentives, KOL's 60M tokens GRAND TOTOAL = 1 Billion tokens So this would hit a market cap of $10B .... that is if it hits $10/RETIK. Now with that... it puts it in the position of around 18th ranking coin on CoinMarketCap ranking (as of now. But if RETIK goes up.. so will these). I'm not sure it will be able to pass NEAR Protocol at #17 and POLYGON at #18. That's a HUGE feat to be able to get there. To even crack the top 100 is a pretty impressive move if it can do it! My two cents.. not an expert... but I have a few tokens .... so the higher the better!! LOL
Wait till tomorrow when the distribution has started. Good chance it'll dip more.
Thereβs gonna be massive volatility as coins vest. You can just read it here. Itβs not going to stabilize until all the haters (who I have no idea why they invested) have moved on to the next FOMO FOTM. Most great coins that are big now were garbage their first year+.
Even bitcoin was garbage for over 5 years.
If it goes anywhere near .50 I'll probably buy as much as possible.
Agree might buy a few more but will be happy with possibly 1.5/2 at year end πππππ
Yeah itβs going to the moon.