Seems about right but the block cadence should settle in a month or 2
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i've got to look up how difficulty adjustment measures time. i forgot how the 10 minute blocks work. i know it's like every 1400 blocks it adjusts up or down the amount of zeros in the correct hash"0,000", but i don't remember how it pegs to time.
if blake blocks were every 10 minutes, that would mean 13,000 issuance in 1 month.
from very rough calcs, 5$ is kinda a break even price. 50$ gets profitable $500 is lucrative sort of deal.