It has been 1 year since iExec successfully pulled off _ICO that was sold out in less than 3 hours. In today's mcap we are talking over 140M in _BTC and _ETH contributions, and what is mcap of _RLC today? Just over 125M, yes that is under _ICO price in terms of HODLERS, a bit over _ICO price in terms of fiat ratio. But we are crypto and we need to calculate on the crypto right?
The market was not good for hodlers as every ray of green was soon hammered back down for some strange reason. But successes of iExec as a company in 2017 and 2018 are just massive. If you go and research their development you will see that they made multiple ultra important partnerships and achievements that had almost no impact on the market. We are talking Ubisoft, Microsoft, Dell, Intel, Blender etc. And most importantly they are producing their product IN TIME! No delays and no excuses!
If every other "shitcoin" would pump on news like this 10 fold or more, well not _RLC. The only thing we can complain to iExec is their marketing campaign. But this is good as the coin can start to shine with the new marketing plan and with iExec 2.0 - cloud marketplace where fun in computing can really begin.
As we see the _RLC token has been more or less sleeping for a year now and I have a strong feeling it will soon wake up. And by soon I mean in May!
To where the price can go? Well, market analysis and graphs can give us some bullish ideas, but more importantly, we can make side analysis with other similar companies. One of most known is Golem with its _GNT token. Golem is an older than iExec and their progress is way slower and less impressive. But as 2017 Iexec marketing was not existent this can be reasonable to some extent. My beliefs are that _RLC will hit a steady price at 75% of golem's mcap. This means the price will increase 2,8x with high chances that Iexec will for shorter period surpass Golem to 600M in mcap, making _RLC worth 4,8 times the current price. Yes in May!
Conclusion:
_RLC is waking up from one year sleep. With V2 release we will see a massive increase in price. My beliefs are we are going to trade low at 0.0004 _BTC and high of 0.0008 _BTC in June. So the May is for HODLING and BUYING the token. With speed and success iExec team are going forward, this is no-brainer 1B token in 2018!
The market was not good for hodlers as every ray of green was soon hammered back down for some strange reason. But successes of iExec as a company in 2017 and 2018 are just massive. If you go and research their development you will see that they made multiple ultra important partnerships and achievements that had almost no impact on the market. We are talking Ubisoft, Microsoft, Dell, Intel, Blender etc. And most importantly they are producing their product IN TIME! No delays and no excuses!
If every other "shitcoin" would pump on news like this 10 fold or more, well not _RLC. The only thing we can complain to iExec is their marketing campaign. But this is good as the coin can start to shine with the new marketing plan and with iExec 2.0 - cloud marketplace where fun in computing can really begin.
As we see the _RLC token has been more or less sleeping for a year now and I have a strong feeling it will soon wake up. And by soon I mean in May!
To where the price can go? Well, market analysis and graphs can give us some bullish ideas, but more importantly, we can make side analysis with other similar companies. One of most known is Golem with its _GNT token. Golem is an older than iExec and their progress is way slower and less impressive. But as 2017 Iexec marketing was not existent this can be reasonable to some extent. My beliefs are that _RLC will hit a steady price at 75% of golem's mcap. This means the price will increase 2,8x with high chances that Iexec will for shorter period surpass Golem to 600M in mcap, making _RLC worth 4,8 times the current price. Yes in May!
Conclusion:
_RLC is waking up from one year sleep. With V2 release we will see a massive increase in price. My beliefs are we are going to trade low at 0.0004 _BTC and high of 0.0008 _BTC in June. So the May is for HODLING and BUYING the token. With speed and success iExec team are going forward, this is no-brainer 1B token in 2018!