See original
BullishBanter
--
Important Reminder About Listing Day Prices
#BIO
Be cautious when it comes to price expectations for this new project. On the listing day, the circulating supply will be 1.2 billion tokens. Let’s break down the math:
If the market cap is $1.8 billion, the token price will be around $1.50.
For a market cap of $180 million, the price would only be $0.15.
Now, consider this: for the token to reach $4, the market cap would need to skyrocket to over $5 billion—an incredibly unrealistic figure for a brand-new project entering the market.
Don't be misled by claims of $4 or $5 prices so soon. Such numbers would require a market cap far beyond what’s achievable in the early stages of any project. Always do your calculations and evaluate the fundamentals before forming expectations.
#BinanceLaunchpoolBIO #Launchpool #LAUNCHPOOLTOKEN
Be cautious when it comes to price expectations for this new project. On the listing day, the circulating supply will be 1.2 billion tokens. Let’s break down the math:
If the market cap is $1.8 billion, the token price will be around $1.50.
For a market cap of $180 million, the price would only be $0.15.
Now, consider this: for the token to reach $4, the market cap would need to skyrocket to over $5 billion—an incredibly unrealistic figure for a brand-new project entering the market.
Don't be misled by claims of $4 or $5 prices so soon. Such numbers would require a market cap far beyond what’s achievable in the early stages of any project. Always do your calculations and evaluate the fundamentals before forming expectations.
#BinanceLaunchpoolBIO #Launchpool #LAUNCHPOOLTOKEN
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0