I'm getting a ton of comments asking me to change my estimate for Hamster's pricing, so let's get started.
Let's estimate the price upon launch by performing some fast math using the recently added tokens.
The latest launchpool tokens have an average market capitalization ranging from $250 million to $360 million.
Considering how large the DOGS community is—though Hamster's is even larger—I'm not including $DOGS here. We'll figure that out independently.
At launch, 63 billion tokens will be in circulation for Hamster.
My prediction for the price of Hamster is between $0.004 and $0.0055 if it opens with a market capitalization of $250 million to $360 million.
Let's now compare them using the DOGS market capitalization. $DOGS began trading at a staggering $620 million.
Should Hamster follow suit, a $0.0100 launch price might be possible. This forecast is entirely dependent on my own calculations, and to be honest, I wouldn't hold out much hope for $HMSTR.
Some people have made predictions about a price of $1 or even $5, but I don't think it will happen. What do you think the pricing will be?
#BinanceLaunchpoolHMSTR #FTXSolanaRedemption #USRetailSalesRise
