Gram Overall Price May Reach $3B

Researchers from the HASH Crypto Investment Bank came to this conclusion
07 February 2019   1131

By the end of 2019, the total cost of the internal token Gram of the Telegram Open Network (TON) could reach $ 29.5 billion. The Bell reports it with reference to the report HASH Crypto Investment Bank.

According to the investment company, the target cost of 1 Gram token by the end of 2019 is estimated at $ 5.9. That is the cost indicated in the note for the project investors.

At the same time, HASH CIB offers its own assessment methodology, emphasizing that the value obtained in their model is not a target or fair price. Rather, it is a “rational network value,” made up of current and discounted value added over the coming years.

According to whitepaper of TON, the issue will be 5 billion tokens, and if the first Gram costs 10 cents, the cost of each subsequent increase by a billionth. All Gram tokens are divided between investors - 44% and developers - 4%. 52% of tokens remain in reserve.

During the two closed rounds of ICO, according to information from the HASH CIB report, 2.89 billion Gram were sold, and the official amount of fees reached $ 1.7 billion, that is, one token cost about 59 cents on average (in the first round $ 0.38, in the second - $ 1.33).

It turns out that $ 1.7 billion received from investors correspond to approximately $ 2.94 billion for the entire Telegram cryptocurrency. The target price of $ 5.9 per Gram means that the cost of cryptocurrency has risen by almost ten times by the end of 2019.
 

Researchers

The founder of Telegram Pavel Durov did not comment on these calculations. 

Chainlink May Sell Big Amount of Own Tokens

According to the experts' research, $30M worth tokens were sold by the ICO team itself
12 August 2019   251

The Chainlink team was suspected of large-scale liquidation of LINK tokens. For a month and a half, the project capitalization decreased by $ 600 million, Trustnodes reports.

On July 6, a recruitment message was posted on the project’s Twitter page, which, according to some observers, was the beginning of the dump.

We do sincerely appreciate our community’s continued support and understanding as we expand the number of people working on Chainlink, and we will of course do our best to ensure that our expansion plans are accomplished responsibly, carefully managing the company's resources, capital and LINK, with a focus on continuing to create an overall positive effect on the Chainlink network over the long-term.
 

Sergey Nazarov (old message in the company's blog)

Chainlink team

Following this message, a schedule was circulated on social networks showing the alleged token sales of 700,000 LINK at each price rebound after reaching a peak at the end of June.

Alleged Chainlink Dump, Aug 2019
Alleged Chainlink Dump, Aug 2019 

According to Etherscan, 14 transactions of 700,000 LINK were made, which totaled 9.8 million tokens, or about $ 30 million.

After going through a small chain of addresses, these tokens were sold on Binance, noted in Trustnodes.

Chainlink Selling, Aug. 2019
Chainlink Selling, Aug. 2019

Observers believe that at the end of June the daily trading volumes of ChainLink on the Binance exchange were artificially boosted. So, with a capitalization of only $ 1.4 billion, this figure amounted to $ 863 million. According to some, the price movement chart for the mentioned period looks unnatural, especially considering that volumes in favor of sales were recorded on one of the green candles. There is a possibility that the unknown wanted to provoke FOMO, but could not achieve the goal.

Some believe that the message about the expansion of the staff was only an attempt to hide the large-scale liquidation of tokens.

It is worth noting that in 2017 Chainlink raised $ 32 million through the sale of 350 million LINK through an ICO. At the same time, the team saved 650 million LINK for the further development of the project.

According to a recent analysis of the ICO market, Chainlink entered the top five most successful ICOs in terms of growth in bitcoin.