You're probably right, and my $100 was just a guess based on the power of "hype". I looked at how quickly the price had jumped from $0.50 cents to $3.00 all based (mostly, according to my perception) on the hype that it was nearly certain it would be sold in Coinbase. The expectation was it would be announced sometime near the 20th. As this day was approaching the price continued to go up. I'm fairly certain that if Coinbase would have stayed quiet, the price would be at $4.00+ today and maybe $10 by the 20th. And if on that day they announced it was true, that would cause a spike to (just my non-professional guess here) $30-$40 on the same day...with $100 in the near future.
But what do I know...I'm just your average IT guy tryna figure this stuff out.