Yescoin Price Prediction: What to Expect from Binance Listing
What is yescoin?
Yescoin, a game hosted on the Telegram platform and built on the TON blockchain, has generated significant interest among traders, investors, and crypto enthusiasts. Launched in May 2024, Yescoin quickly attracted over 11 million users. With anticipation building, the community is eagerly awaiting Yescoinâs upcoming listing on major exchanges. Key events on the horizon include a Token Generation Event (TGE) and a major airdrop, both of which are expected to play a crucial role in shaping the tokenâs trajectory.
Yescoin (TGE) Token Generation Event
Yescoin has officially scheduled its Token Generation Event (TGE) for October 1, 2024. This pivotal event will mark the creation and distribution of Yescoin tokens to users. The TGE serves as a prelude to the highly anticipated airdrop, scheduled for November 2024. The airdrop is expected to boost user engagement and offer significant rewards, further energizing the community.
Yescoin Airdrop and Upcoming Listing
The Yescoin airdrop, scheduled for November 2024, will be followed by a Token Generation Event (TGE) and is expected to boost cross-platform engagement. As the project prepares to list its tokens on prominent exchanges like Coinbase, Binance, and Kraken, the crypto community is closely watching. These developments provide a promising opportunity for active users to convert their Yescoin holdings into physical currency.
Yescoin price prediction
Comparisons with the MemeFi community â both of which have around 11 million users â help form price predictions under various circulating supply scenarios. While the exact total supply of Yescoin remains undisclosed, the following scenarios provide insight into potential price ranges at launch:
Scenario 1: Circulating supply of 1 billion tokens
If Yescoin launches with a circulating supply of 1 billion tokens, the initial price is expected to be relatively high due to limited availability and strong support from the community.
Initial price estimate: Prices may range between $0.60 to $0.70 per token.
Market Cap: At $0.70 per token, the market cap will reach $700 million. This would position Yescoin as a prominent contender in the crypto space, especially if it gains significant traction on major exchanges.
This scenario assumes strong demand and a competitive environment driven by limited supply.
Scenario 2: 10 billion tokens in circulation
Alternatively, if Yescoin were launched with a larger circulating supply of 10 billion tokens, the initial price would likely be lower, reflecting the increased availability.
Initial price estimate: The price could be in the range of $0.06 to $0.07 per token.
Market Cap: At $0.07 per token, the market cap would also be $700 million, similar to the first scenario, albeit with a larger token supply and a lower individual token price.
Conclusion
The exact listing date for Yescoin is still not officially confirmed, although a tentative timeline has been suggested. With the TGE set for October and the airdrop set for November, these key events will be instrumental as Yescoin moves toward its official listing on major cryptocurrency exchanges. The coming months will be crucial in determining Yescoinâs market presence and valuation.
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