We know that the initial distribution of ENU is almost free,Even though taking account of transaction fees, ENU has risen at least 100 times since its inception.Maybe a lot of people think only because the artificial hype that makes it gone up so much,its price will soon plummet.But I think its price is still likely to rise, maybe even 100 times again!I will express my views below.
First of all, we know that ENU is a nearly identical basic chain that cloned from EOS,and this basic chain can provide variety of dapps to run on.We can compare the public chain to a commercial street. The dapps that run on it are the stores on the commercial street. And every one of us who uses these dapps is a customer on the commercial street.And a few days later(June 1, 2018) after the EOS basic chain starts to run, The EOS chain will become the flourishing commercial street with no doubt.Because it has the most customers, and will have the most stores(Eos.io provided $1 billion to fund the creation of dapps on it).It is conceivable that EOS will defeat eth and going to be the most valuable basic chian, because of its high efficiency and no transaction fee etc.
However, when EOS commercial street becomes mature, it will face the problem that all the flourishing commercial street will face -- the rent is too high.So new stores and old stores that can't afford to pay too much rent will have to choose commercial street.Then their best choice is to find another commercial street that with much lower rent, and ENU is their best choice because the infrastructure of ENU is almost exactly the same as that of EOS, it is very suitable for those who have opened stores in EOS. And at that time, although ENU maybe not as good as EOS, will certainly already have a good popularity.Shops in here can also get good traffic. At the same time, as more and more businesses move from EOS to ENU, more and more customers will also enter ENU.Because unlike reality, they don't have to commute hours from one commercial street to another.They only need a few minutes to buy a little ENU and sign up for an ENU account,and then they can enjoy their time on the ENU street!
Based on the above judgment, I believe that as long as the time line is long enough, the value of ENU will tend to be infinite approch to EOS, and due to the amount of ENU is only half of the EOS, so the ENU's price will be twice as the EOS. It will surely rise up at least 100 times again. However, I still didn't take account the dapp UBI ,and if it succeeds, I think ENU could go up another 1000 or 10000 times.(Limited to time, I will write another article to introduce UBI)
So in my opinion, ENU is still in a very early stage. If you don't want to buy it because it has rise up 100 times already and you think it has reached its peak price. It is likely that you will missing a huge opportunity.
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