guys 44 millions coins only, so the price for this coin right now it is under value.
just hold and wait to a big exchange.
It's not 44 millions, but 99 millions, read this post
https://medium.com/@crypterium_io/crypterium-news-all-tokens-have-been-issued-3cbc0badd159 Many initial ico investors haven't recieved tokens yet, they were pre-mined to a special Crypterium wallet and will be distributed from this wallet. I'm sure price will be even more down when everyone will get them and also when bounty will be paid.
99 million is the total supply but the circulating supply is only 60 million token. Also bounty is just 3 percent of the total supply so I dont think they can move the market with only 3 million crypterium token.
There are 99,983,677 tokens of which 69,988,574 are in circulation and 29,995,103 are held by Crypterium as per the release on their Medium account.
I do not understand the people who are upset by the token count for several reasons...
1. The technical hard-cap was 300,000,000 tokens and there were less than 1/3 of that number issued.
2. This information was clearly stated by Crypterium... NO ONE should have been confused by this if they bothered to read the website or Whitepaper.
3. It was clearly posted that the team would take 30% of the total number of coins issued for themselves so I don't understand why people including, CoinmarketCap, ever thought there would be 44,029,586 tokens(the incomplete number that was posted on the Etherscan page for so long) so even had that number been accurate the token count would have been .70x=44,029,586 x= 44,029,586/.70 = 62,899,408.57 tokens total...point being it was never going to be under 50 million and people should have known this
4. With CRPT being burned during every transaction made on the mobile banking platform they will release in the coming months the token count isn't really an issue they should be concerned with... the real concern people should have is what partnerships they are pursuing and how they will attract users to their platform who make transaction that use CRPT as fuel
5. This was not the ICO to invest in if you were looking for quick gains and never was... the price decline is expected because some people were always going to sell some tokens and "ride the free ones" or sell the bounty tokens they got free... This investment is about the app and nothing else... It is really simple here if the app attracts hundreds of thousands/millions of users then CRPT will shoot up in price if they don't attract users of fail to make partnerships then CRPT is worthless and will drop sub penny... I expect the price will stay in the $1.75-3.00 range until there is news released about partnerships or their app, because until then there is no catalyst to move the price upwards...Just disgruntled day traders selling who aren't getting the 500%+ gains they hoped for