The coin clearly responded to bug volume buying pumps on Dec 31 and on Jan 5th.
But no indication yet that I can see, that it can sustain any upward pricing momentum without the pumping action.
The coin already has a market cap of $728 Million.
I have trouble seeing it being that valuable.
But using that metric, most of the coin prices currently look to be outrageously high compared to the future value they could possibly generate, even in the most optimistic scenarios.
If news came out tomorrow, you would see it move a lot farther. It may retrace from its present price but the technology is about to be released into the real world and therefore the demand for the token for gambling purposes begins.
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