The HMSTR token has a total supply of 100 billion tokens. Here is a simple formula to calculate its price at different market caps:
Token Price = Market Cap / Total Supply
Using this formula, we can estimate the price of the HMSTR token for several market cap levels:
1. $300 million market cap:
The price of one HMSTR token would be $0.003, or 0.3 cents.
2. $500 million market cap:
The price of one HMSTR token would be $0.005, or 0.5 cents.
3. $1 billion market cap:
The price of one HMSTR token would reach $0.01, or 1 cent.
If HMSTR reaches a market cap of $300 million, each token will be worth approximately 0.3 cents. As the project grows and gains notoriety, a $500 million market cap could push the price to 0.5 cents. Reaching a $1 billion market cap, a significant milestone for any cryptocurrency, would value each token at 1 cent.
However, given the community-driven approach of the project outlined in tokenomics and the lack of major institutional investment, the value of the HMSTR token will largely depend on user engagement, ecosystem adoption, and market liquidity. If user demand and interest continue to grow, these caps could be reached.
