Alright, I'm back and like I told you I'm not leaving until xBTC hits at least $10,000,000 market cap. The price action has calmed down a bit but it seems xBTC has found a new bottom at around $2,500,000 (almost 5x what it was when I made the first thread). Obviously this was just the first goal and with xBTC gaining some attention and BASE going up again, I am feeling 4.5/5 comfy about xBTC's future.
As xBTC has come down from its top and BASE on the move again, the difference between the value of these two has grown from 6x (for xBTC to reach BASE's market cap) up to 14x. The only thing this really tells me is the huge potential both of these projects share and xBTC being less than 10% of the other can see amazing gains in the near future.
Looking at the holders, xBTC has remained at around 1400 while BASE seems to have lost some, currently at 7100 while I believe it used to have 7800 (correct me if I'm wrong here)
I'm looking forward to what the next days/weeks will bring us.
tl;dr >xBTC entering the positive rebase cycle (previous rebase was 26%, currently looking at roughly 16% for the next) >xBTC is 14x away from BASE >very similar projects so market cap has the same potential too
Checked, I agree in that it definitely needs more meraketing. It's a slower burner than $BASE, but also less risky. Developer team is legit, whale games are not as easy as on $BASE due to the 24h time average. Should get more attention.
Logan Bell
This is the main difference between these two and I believe it will affect xBTC positively in the future. BASE gains are nice but not sustainable in the long run.
Still not saying it's a bad project, just that xBTC is the smarter choice on all accounts (even quick gains too atm as you can see by the difference in the market cap - 10x for xBTC isn't even $30M while 10x for BASE would mean $300M and I don't see that happening anytime soon)
Blake Brown
I must admit I don't even understand too much of how these tokens work or really even care.
All I know that the team is public, genuine and legit and that a project that is very similar at its core is currently over 10 times more valuable.
Either BASE (and AMPL) are way overvalued or I am actually right in saying that xBTC is worth way more than $2,500,000.
Luis Sanders
Some user fucking shilling these two shitcoins on reddit pls.
Jayden Thomas
agreed. i sold my stack yesterday during pre rebase pump. we grew only like 50 adresses that day and volume is non existent. whales have left mostly. i like the project but this is a ponzi after all and not many new holders are coming in also because the whole crypto market is tanking.
i'd get out if you still can, don't sell at a loss tho.
John Nguyen
>this is a ponzi after all Not more than any other crypto though. The money is made by being early no matter the coin.
