think $HMSTR is undervalued
Easy x2 from pre-market price
Lets compare $HMSTR and $NOT
$HMSTR: 1bln FDV (pre-market)
$NOT: 770mln FDV (ATH = $2.1bln)
P.S. 100% of $Not are in circulation
$HMSTR has 65% circulation on TGE. Hence, based on the premarket price ($HMSTR = $0.01), the IMC of $HMSTR at TGE is estimated at $650 million, which is lower than $NOT.
âą x3 - x4 user base
âą x7 - x10 social media size
âą x2 - x3 brand recognition
IMHO: $650mln MC for $HMSTR is insufficient. I expect IMC around $1-1.2bln and FDV 1.5-2bln
Target: $HMSTR = 0.015-0.02$
I've opened a long position on AEVO $HMSTR
