Is the Major Token Allocation Justified?
Many people believe that the allocation of Major Token is not reasonable, but in my opinion, it is still acceptable. The most disappointing point is that the project has not been listed on Binance – a crucial factor to elevate the value and potential of any token.
Let's look at the numbers: with a total supply of only 100 million, if the token is listed on Binance and reaches a market capitalization of 1 billion USD, the price per token would hit 10 USD. Or even if the market capitalization is equal to the current NotCoin (750 million USD), the token price would still reach about 7.5 USD – a very attractive figure.
However, the reality is that Major is currently only valued by Bitget with a predicted market capitalization of about 250 million USD. At this market cap, the token price would only reach 2.5 USD – a relatively low figure compared to the expectations of many people with the amount of Tokens they received