There's a few important points your missing there though.

There will not be 1 Billion EOS tokens on the new EOS network as there will be thousands of people who fail to register them (correctly or at all).

Let's say there will be 700,000,000 of them which is still a very large number I agree.

But by looking at current market cap, and trying to apply a ceiling to the EOS price you;re doing yourself a disservice.

check out this graphic showing adoption rates of new tech since 1900

! new tech adoption rates

As you can see, adoption rates skyrocket at the 10% mark and are basically not even recorded until then as the adoption isn't usually high enough to gauge correctly.

Let's look at the market cap of the industries Crypto space will disrupt:

• Social Media $592 Billion (combined)

  • Facebook $434 Billion
  • Snapchat $18 Billion
  • Pinterest $11 Billion
  • Twitter $13 Billion
  • Linked In $26 Billion
  • You Tube $90 Billion

• Remittances $500 Billion

• Global e-commerce Market $22 Trillion

I could go on and on but I think you'd be seeing where I'm going now. We can't look at the ceiling of crypto assets based on the top crypto asset currently. We need to look at the industries they will operate in and apply a reasonable market share to that in order to start looking at a ceiling...

Here's how I value EOS at more than $1k each

EOS tokens will provide businesses with the following:

1. Domain Name
2. Hosting that domain name and any sub domains
3. Computational Capacity to manage transactions
4. Storage
5. Security
6. Trust-less Automation

I've been employed by a big 4 Bank in Australia as a Business Improvement Manager, Project Manager, Senior Manager (Information and Analytics) and I can assure you, these are real world business costs and EOS will not only reduce their costs even at $1k each, they will improve processes and customer experience at the same time (meaning increased profits)

I'm super confident in my method, it will take time for the ball to get rolling but I firmly believe that inside of 2 years we'll be knocking on the door of a $1k plus EOS valuation per token.

More than happy to incorporate new methods and understanding if anything I've stated above seems incorrect or incorrectly applied :-)