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Today we hit an all time high for our beloved Moons and we are starting to dream about the different price targets that we may reach. "When MOONS hit $10 I will buy a lambo"... But honestly, is it even possible to go to $10? At the moment of this writing, Moons are sitting at $0.3672, rank #2681 in coinmarketcap with a Market Cap of ~$40Millions. If Moons were valued at $1 (i.e x3 today's value), their marketcap would be around $120Millions and they would be around rank #171 in marketcap. If moons were valued at $5 (x13 today's value), their marketcap would be around $520Millions and they would be around rank #77 in marketcap. If moons were valued at $10 (x26 today's value), their marketcap would be around $1.4Billions and they would be around rank #44 in marketcap. To put this numbers in perspective, PEPE is sitting at rank #67 and has a marketcap of $590Millions I'm not going to try to argue about how high we can go but in my opinion there is a lot of room to grow, specially taking into consideration how fast coins move during the bull market. But yes, from a mathematical point of view it's possible for moons to hit $10. Is it going to happen? I have no idea but as I said, I think we are early. Whether you choose to sell or hold it's up to you, I just hope this helps you to make an informed decision. [link] [comments] |
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