In my opinion, the 200s-300s. But since there will be MANY rebounds on the way down, you will probably be able to make some decent trades if you choose wisely your entry points. Again in my opinion, anything beyond those numbers I just gave you, its simply too risky.
You sir are now on my ignore list.
It is a tough blow, I admit it... but with luck, introspection and perseverance, I hope I'll e able to survive it.
There's not a single project no matter what shitcoin you could think of that is valued at 300s with a 100m coin supply. So I get you have doubts and questions about the project but that's just plain stupid to even mention.
I do agree with you that 95% of crypto projects don't have real world usage, even top 10 market cap ones, it's all hype and nerds playing with code. But I'm a trader and a investor, I don't care about that, the market moves when there's news and development and that's it. Stratus at this price is definitely undervalued, it may take months to get some traction of course.
Waves didn't even released anything yet, I dont know much about the project but people here think all its going to $10 like ETH in a month. Ethereum itself was at 20 cents for more than a year...
Oh I could give you a very, very long list of shitcoins "valued" at that with 100 million. Take one trying to be launched today I believe, Lazarus or something like that. Valuation, 100 million or so, 1.57 BTC (most of it from the dev himself, I believe). There are hundreds more, most of which ceased to exist long time ago.
This appears to be different, though. Not exactly a clone although... but the questions remain, clearly, that this could be and probably is just an scheme -not scam, necessarily- to make half a million bucks to develop some interesting -if crowded- technology that can benefit the dev team , AND ONLY THE DEV TEAM, some time down the line. There's nothing else in it -that I can see-, except for speculators like you. As pointed out previously, probably if you can get it at the rights steps on the way down, you could pocket some nice trades on the many rebounds sure to happen along the way. But, like I say, it is just my opinion. What the hell do I know, right? You see those circle under my "name", they represent 3 + years of experience watching dozens of projects. Not that it makes some kind of an expert, but certainly someone who has seen quite a bit in crypto world. Take from that what suits you best. Good luck!
Thank you for your overly well put together train of thought, can we please move on now.
Many thanks