How can I calculate the true price of a coin/token?
For example, according to https://medium.com/@CO1NIO/fundamental-analysis-for-cryptocurrency-46d41941ccc
We will do a sample analysis with the cryptocurrency Gulden(NLG)
A quick analysis shows the current float is 323 million, with 437 OS; Also looks like initial developers allocated half the float to pre-mine of 170 mil NLG, unsure how much of that has been sold.
current market-cap 14 mil at 4k Satoshis or .04c, had a huge run from 100 Satoshis or 100k market-cap to peak of 10k Satoshis or 22 mil market-cap.
45 Gigahash is current network hash rate, would value each token at .0015 USD which it was priced at in the summer before the pump; so back in July it was fairly/undervalued, now its most certainly overvalued in terms of hash-rate but if people are using it then that can account for that value addition.
Question: How did he calculate .0015 and reach that conclusion?
http://ift.tt/2DKpyOo
Comments
Post a Comment