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MC Cendana posted an update 8 years ago
EGC = 10.36 million coins. At the current price of $0.55, its market capitalisation is… a puny $5.75 million?!
If one were to compare this with most other coins and tokens, EGC is massively undervalued. Even if it were to go to $5.50, the market cap is still `only’ $57 million. If this isn’t a reasonable opportunity to speculate on, then I…[Read more]
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Bow Thomson started the topic Coming to the marketplace in the forum
Merchants 9 years agoI will be creating some artwork that is exclusive to EGC. This work will not only store your EGC, but it also has value. Stay tuned
Current supply is 13,481,971 EGC. Not 10.36 million. But, other than that, I could not agree with you more! What was interesting is prior to the $1 price surge, 30 cents was the floor. So we went all the way from 30 cents to 1$ and then 50 cent floor. Skipping right over a 40 cent floor! I am no market expert nor day trader but, that seems to…[Read more]
I had gotten the number of EGCs from here https://www.worldcoinindex.com/coin/evergreencoin Should have checked and verified this from the EGC Explorer. But the essence of the calculation and assessment still holds true – that EGC is way undervalued as per most coins and tokens in the market.
I don’t know too much about technical analysis either.…[Read more]
I am sorry WCI is unintentionally misrepresenting supply and thus market cap! I have contacted them and kindly asked for them to update the information. Many thanks for bringing this to attention! Happy New Year and thanks for sharing!
This has been corrected. 🙂
great analysis MC. Upward we shall go!