From the desk of Ludwig von Freeman, Professor of Wealth Accumulation @FreemanU
As we break through into new territory in dollar terms (briefly touching $1.29 yesterday) it is appropriate to reflect and take stock of where we are.
Despite major progress on many fronts, $EPIC is still trading over 70% below its ATH in BTC terms - we briefly touched 6000 sats at a time when we were virtually unknown and had <10% of the overall applied cognition going into the protocol now. 6000 sats today is around $4, which is almost 4x from here.
Another way to look at it is that the highest number of BTC our market cap was ever able to obtain was around 400. If we get there again, that’s around $24MM, or just under $20 a coin at our present supply.
Many are also speculating on an “ARRR Flippening” - that is $2 in unit price and around $30 in market cap. Any bets? Mine remains on $EPIC, as I’m #allinepic.
The halving is in around a week - this takes the daily supply emission miners can dump down from 11.52k to 5.76k.
Epic is a sleeping giant!