BNT's low price were reason of worry for many folks but now it seems that things began to calm downed already. Now after seeing it touching almost $5 with low market cap and limited supply shouldn't be hard to realize that this token should be at $50 at least. It will be there in couple of months this is my targeted price.
I am doing research about the Bancor, I have heard that the bancor has raised a lot of money but the price is still lower than the ico eth price, so I just want to know why is that?
Because token price is not a direct reflect of the project status or funds raised during ICO. Just like in traditional stock markets it's speculative. Nothing can guarantee that price will be always above ICO. I'd say that solid projects, with good developement, following roadmap etc. (like Bancor) most of the times are undervalued, and poor ones with nothing but hype are overvalued. That's how crypto works right now.
