There are miners generating new ZIL-Coins by the minute, the circulating supply right now is around 8.687.360.060 units.
For us humans, that is an astronomical number. Not worth thinking too much about those.
For ZIL to accomplish just ONE US$ Cent ($ 0.01) it has right now a Market Capitalization of "a few" 87 MILLION US$ ! ...(sarcastically said)
THERE IS HOPE FOR INVESTORS, Please look carefully: CHAINLINK, has a Market Cap. 10X the Volume achieved by ZIL, another (sarcastically -few-) 870 MILLION US$.
Chainlink is said to have a smaller circulating supply, only 300.000.000 Tokens.
I have not dedicated the necessary time to find out all about this numbers and their influence on the situation where a Company goes up in Ranking and at the same time Its Token comes down in price.
Companies like Ravencoin are in similar sort of predicament due to a high output on the Mining end of town.
Fascinating stuff. Isn't it?
WE invest our money, should the amount we all invested don't 'fill up' the production buckets of miners, ... our money decreases in value. GENIUS!
You can expect, based on plain Arithmetic that ZIL has to go close to ONE BILLION $ in the bag for us to see their token to go up just a fraction of a hundred. Good or bad I don't know, it is just numbers.
If you were to wait for a ZIL Token to reach ONE single Dollar, just figure out how to represent on planet Earth ONE HUNDRED BILLION , that is the amount of Dollars needed by ZIL (Forgive me if I am wrong by a few BIllions) to satisfy everything and still show a
$ 1.00 token.
It is my guess without bothering to use any precision device.
So.... Should you expect a sky rocket, remember this is a Helicopter. Although "safeR" "ish", not so fast.
For us humans, that is an astronomical number. Not worth thinking too much about those.
For ZIL to accomplish just ONE US$ Cent ($ 0.01) it has right now a Market Capitalization of "a few" 87 MILLION US$ ! ...(sarcastically said)
THERE IS HOPE FOR INVESTORS, Please look carefully: CHAINLINK, has a Market Cap. 10X the Volume achieved by ZIL, another (sarcastically -few-) 870 MILLION US$.
Chainlink is said to have a smaller circulating supply, only 300.000.000 Tokens.
I have not dedicated the necessary time to find out all about this numbers and their influence on the situation where a Company goes up in Ranking and at the same time Its Token comes down in price.
Companies like Ravencoin are in similar sort of predicament due to a high output on the Mining end of town.
Fascinating stuff. Isn't it?
WE invest our money, should the amount we all invested don't 'fill up' the production buckets of miners, ... our money decreases in value. GENIUS!
You can expect, based on plain Arithmetic that ZIL has to go close to ONE BILLION $ in the bag for us to see their token to go up just a fraction of a hundred. Good or bad I don't know, it is just numbers.
If you were to wait for a ZIL Token to reach ONE single Dollar, just figure out how to represent on planet Earth ONE HUNDRED BILLION , that is the amount of Dollars needed by ZIL (Forgive me if I am wrong by a few BIllions) to satisfy everything and still show a
$ 1.00 token.
It is my guess without bothering to use any precision device.
So.... Should you expect a sky rocket, remember this is a Helicopter. Although "safeR" "ish", not so fast.