If we believe of vechain mass adoption the current marketcap of VTHO 4-5m usd is a joke. An itchy finger can easily swallow all available VTHO in the market and cause instability. BYD alone worth 21B usd as of June 2018.
So far after mainnet we burned 0.9% vtho from the total supply, it’s not bad already as lots of partners are still doing POC.In comparison binance burn 0.8% BNB from its total supply in last 2 quarters.And look at the price of BNB.. I think we are somehow misguided to count the number of Vtho in circulation instead of the value of vtho in circulation. Fabian did a good job updating the vechainstats.com to include vtho marketcap. It’s only worth 5.7m usd now, this is like another ICO opportunity who missed VEN in 2017. Vtho is the fuel that power the vechain network. If you believe in VET partnerships PWC DNVGL BYD Bright code PICC. This 5.7m usd marketcap wont stay .. it has to be worth much more... else it is way too small.. it’s like trying to put a whale in a pond.. it’s not going to work..
I posted article about Vtho in below link. You can see yourself that if we focus on value the current vtho marketcap is still not enough to support the coming adoption.https://www.reddit.com/r/Vechain/comments/ay7wok/qa_about_vtho/
What I don't understand is that all the partnerships is not really reflecting the price . If massive companies like Renault or haier or whoever they partnered with doesn't drive the price up then there must be something fishy. Thousands of employees will know that their company partnered with vechain. So if vechain really solves a problem or is groundbreaking then usually people jump on that ship .The current marketcap is a joke considering the partnership's vechain has ?Thoughts ???
Yeah, don't know exactly what's going to happen with the swap, there might be a huge ass wall on 1 sat.. who knows but I think there is a certain hype around the project that's interesting and certainly since it's only around 1 mil marketcap.. so let's see how this thing plays out
And there is only 22 potential “Legacy” nodes for SHA, already extremely rare even with it’s current marketcap. The difference between the masternodes with VET is that we are buying them in the bear market, it has a high chance of appreciating in price and more valueable generating coins. This is also one of the many reasons why im bullish on the project
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