https://medium.com/@nanocurrency/nano-rebrand-announcement-9101528a7b76
https://rai.exchange/
Promo video https://vimeo.com/253563861
Looks like some big moves for XRB.
I agree. The only other thing that makes me reconsider my logic is the whole market cap thing. I can look at NANO and say its extremely overvalued at 1.5 Billion, and that a company worth 1.5B has way more reach and influence on the world, but the thing is that NANO (insert most coins here) was initially sold for such a small amount and then quickly rose, meaning the actual amount of money in NANO isn't high. J.P. Morgan published that they estimate it took 6 BN to grow crypto to a market cap of 330 BN https://blog.nomics.com/nomics-weekly/crypto-new-asset-class/attachment/0009-01-jp-morgan-6-billion-in-net-inflows-since-2009-has-resulted-in-a-market-cap-of-330-billion/. The number is certainly higher now as people who've bought at higher prices are holding bags and more whales have gotten out, but I still doubt it's over 20BN - which is drastically small compared to other asset classes.https://rai.exchange/
Promo video https://vimeo.com/253563861
Looks like some big moves for XRB.
So basically crypto price doesn't require much money to rise despite the fact that numbers make it look way overvalued. There can be a new coin everyday though and none of them are blocked from the market by competitors which is a major concern, but I feel like all it takes is a coin to gain worldwide popularity or popularity within a sector and it can take off.
