Congrats!!!!! What do you think will be the market cap of EXO
my guess same as NXT but 10 times less coins ( or 10 times nxt )
IPO price is 0.00000676 btc or $0.00335. No one takes part in IPO just to double investments, right? So I think that min post IPO price is 10 times higher, which means the lowest price might be 0.0000676 btc or $0.0335. It's $3'335'000 market cap.
Although of course I hope that stakeholders won't sell any significant amounts until the price is at least 20-30 cents.
There will also be mining, so depending on how hard / easy it is to mine eXo, that is what makes the price.
If miners are able to make a profit at 0.00000300, then I guesss they sell for 0.00000300. If it's at 200 sats, then they will sell at 200. Some just mine to make small profits and jump to another coin.
I've lost believe in the reason of people. Some follow a dump like lemmings, while all indicators point to a fast rise after the dump. Some people just suck at trading or just settle for a few satoshi profit...
We will know after eXo hits a major exchange and the mining is on it's way.
You're right, I forgot about it. So actually the price might be lower than IPO price.
Then go to the moon.