We all love to speculate on the future value of Deep Onion. It feels good to dream that our holdings will be worth so much more in the future. The developments in Deep Onion are moving so fast that the wait for its future high value may not be long.
We all know that Deep Onion is an anonymous-centric coin. Many coins with this kind of technology have risen in value in the past year like Dash, Monero, and Zcash. If Deep Onion is to reach even a fraction of the value of these coins, there should be strong technical features that Deep Onion has to incorporate. Deep Onion so far has delivered TOR integration and DeepVault. Deep Send and Smart Contracts technology are planned for the future.
To have a basis for the speculation of the future price of Deep Onion, we have to assume first for the sake of argument that the developers will deliver the technology stated in the roadmap. We will also assume that the Deep Onion team will launch an effective marketing campaign for the coin. Marketing has not officially started yet but we are already seeing the team has the skills to do it. Even now, the Deep Onion Bitcointalk ANN page, the official deeponion forum, the tweeter feeds and video promotion materials are already making their impact on the market place.
A good basis fir price projection is the coin market capitalization of anonymity-centric coins. Below is a list of some of them. I included Ethereum because Deep Onion is planned to have smart contracts in the future.
Ethereum $30 B
Dash $2.3 B
Monero $1.5 B
Zcash $600 M
Komodo $279 M
Bytecoin $259 M
Vertcoin $211 M
BitcoinDark $168 M
PIVX $157 M
Verge $100 M
Cloackcoin $31 M
Aeon $25 M
DigitalNote $16 M
Deep Onion $2.3 M (for a circulating supply of 3.7M)
Deep Onion has a total coin supply of 18 million. Let’s try to break down the possible price of Deep Onion for certain market capitalization based on 18 million coins.
Market Capitalization / Deep Onion Price (based on circulating supply of 18 M)
10 M / $0.55
20 M / $1.11
30 M / $1.66
50 M / $2.77
100 M / $5.55
200 M / $11.11
250 M / $13.88
500 M / $27.77
1 B / $55.55
2 B / $111.11
When the 40 weeks of airdrop is finished, most of the coins will already be in the market. Deep Onion can then be valued against its peers. To break into the top 100 coins, Deep Onion must have a market capitalization of at least $47 million. This will put the price at $2.61.
The current circulating supply of Deep Onion right now is only 3.7 M. In the following months, let’s assume that the circulating supply goes to 7 M. At 7 M coin supply; let’s see the possible prices of Deep Onion based on its market capitalization.
Market Capitalization / Deep Onion Price (based on circulating supply of 7M)
10 M / $1.42
20 M / $2.85
30 M / $4.28
50 M / $7.14
100 M / $14.28
200 M / $28.57
250 M / $35.71
500 M / $71.42
1 B / $142.86
2 B / $285.71
Based on our table, we can see that the price target for Deep Onion depends on the available supply circulating in the market at that point in time. If I am to guess a future price, it would be between $10 to $20. New coin features and bullish market sentiments can push up the price of any altcoin beyond our wildest imagination as can be seen from Bitcoin today. A year ago, we wouldn’t even dream that altcoins would even reach their prices right now.
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Deep Onion in Bitcointalk
https://bitcointalk.org/index.php?topic=2006010.0
Deep Onion Forum
https://deeponion.org/community/
Deep Onion Airdrop
https://deeponion.org/airdrop.html
DeepPoints Activated - Introducing DeepPoints
https://deeponion.org/community/threads/deeppoints-activated-introducing-deeppoints.4926/
DeepVault FAQ
https://deeponion.org/community/threads/deepvault-faq.4057/