iETH (iEthereum token) only has 18 million tokens in the entire world as "finite cap forever" -- I'm quoting the white paper.
Why is bitcoin worth 9k ---- because more people are buying it at that price than selling it. That is the only reason. as use case is still very limited.
Bitcoin like iETH was trading for about 4 cents years ago. If I would have posted back then and told you that you would get a million percent return on your investment by buying bitcoin what would you have said?
You would have said I was being unrealistic and according to your previous responses would have been much more unkind to my theory.
All I am saying is iETH is ready to see a dollar and when it does it will see 3$ per token very soon. Why?
historically 3 million tokens will go lost or locked after the airdrop. Therefore there are only about 15 million tokens available worldwide. My blockchain analysis tells me iETH will be existing on the ethereum blockchain for the next 25 years + as is immutable, decentralized and not censorable. Therefore the value will likely never go back from the current value.
Looking at chain analysis is looks as though the is almost no selling. Simple question? Why is there no selling when their are 1770+ holders? Simple the holders likely know something we don't and are holding. My chain analysis says easily a dollar per token in the next 12 months likely much higher.
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