Bancor ICO [BNT] Breaks Record ==>> One Day Jump $4 to $253

The Bancor ICO went live a few days ago and broke the record for the most amount of money invested in an ICO. The ICO was initially set to only be live for 1 hour, but due to a DDOS attack and other technicalities, the ICO ran for 3 hours, after which it is estimated that 147,000 Million Dollars were raised.

This led me to wonder what was the cost of each Bancor Token [BNT] during the ICO. It turns out that you had to buy the BNT Token with Ethereum. 1 Ether, which at the time was close to $400 each, would get you 100 BNT's. At this rate, that makes each BNT worth about $4 Dollars.

Then I decide to do a little more homework on what the Bancor Token actually does and what it brings to the table. While learning more about the BNT Token, I ran into a trading site where users can buy the not yet available BNT Token somehow. I am not sure if they are trading based on Smart Contract or some other form promising the delivery of these tokens. So far the only exchange where I can see trades of BNT is hitbtc.com where it shows it is trading at 0.03753 BTC. With the current price of Bitcon at $2535, that put the price on BNT at around $95, with the peak having been somewhere around $235 Dollars. That is just plain OUT OF THIS WORLD!

Am I reading this Wrong??
Did anyone get in on BNT? Any other ICO's coming soon besides EOS??

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06/14/2017
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