Regarding the price of $EIGEN , the current OTC valuation is around $4.

For me, it is relatively undervalued if it is listed below this level tomorrow. If it is below 4u, I will hold it. I checked a few sources and found that the current circulating supply of $EIGEN is around 86m, if listed at 4u, the cap will be around 334m. Too cheap for a project with TVL of $12b, top 1 market.

If listed at 6u or more, you should consider selling. I am also expecting 6-7u, which is equivalent to 10-11.7b$ FDV, quite close to Eigen's current TVL. In my opinion, that is a reasonable valuation.

#Write2Win #BTC☀ #Binance's