The initial listing price of the MAJOR token, with a total supply of 100 million, depends on several factors:
1. Market Capitalization (Market Cap): Market cap helps determine the token's value. The formula is: For instance:
With a market cap of $1,000,000, the price per token would be $0.01.
With a market cap of $10,000,000, the price per token would be $0.10.
2. Initial Demand: If the project is highly anticipated and receives a lot of attention from investors, the price could rise post-listing due to increased demand. Listing prices usually fall within the $0.01 to $0.10 range.
3. Token Utility: Tokens that are part of a strong ecosystem, such as DeFi, GameFi, or are usable on major platforms, tend to see higher prices due to their utility.
4. Exchange Listing: Tokens listed on larger exchanges (like Binance or Coinbase) may see higher initial prices, whereas those listed on smaller exchanges may have lower starting prices.
5. Token Distribution: If a large number of tokens are sold in the initial public , sale or IDO, the price is likely to remain stable.
Price Prediction (2024):
Lower Range: $0.01 - $0.05
Mid Range: $0.05 - $0.10
Higher Range: $0.10 - $0.50 (if the project garners significant interest and is listed on major platforms).
Having details about the initial market cap or IDO/ICO plans would allow for a more precise prediction.