On Hive-Engine it might still go either way.
Only about 12.5 percent of the total of, ever to be released, DUCAT have been issued and airdropped, so far. No more than 78 billion will ever reach the market. A little has already been burned by sending it to the null address. Like I did when I bought a very small amount of DUCAT to get the market started.
Ducat was already created on Steem Engine but never issued, due to the blockchain split. As I choose to move over to Hive I decided to use it on the Hive Engine instead. And the first batch was for the HODLers of Genkin and Milcendo, over at Steem Engine. One for one held, not on the market though, a lot of manual work had to be done to make that work. But finally I managed today, after a learning proces... :D
Ducat might stay at the top of the market cap on Hive Engine for a while. Yet, what is more important is the trade really taking off. The only way to reach an agreement about the price is when enough offer and asking prices are being added. Without creating to steep buying / selling walls. It will be interesting to see.
PS Do not invest more than you are willing and able to lose.
Nice view, even if for a little while...
_Screenshot taken at: https://hive-engine.com/?p=tokens
