December 15th marks the token generation event for a NEAR ecosystem mobile project. Here's something worth calculating: launching with 700K tokens in circulation creates some wild valuation scenarios.
Think about it—hit a $7M market cap? You're looking at $10 per token. Scale that to $70M and suddenly each one's worth $100. Push it to $700M? We're talking $1K a piece.
Now here's the kicker: remember when PI hit the market? That thing launched straight into a $10B valuation. Makes you wonder what's realistic for this TGE.
Anyone got thoughts on which price range actually makes sense here?
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0xLuckbox
· 2h ago
ngl this valuation range is ridiculously wide, $10 to $1K is not the same at all... Reminds me of that wave of retail investors getting fleeced with pi, honestly, no matter how hyped up a TGE is, it's never been this exaggerated.
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SatoshiChallenger
· 2h ago
Here we go again, this "linear extrapolation method." Data shows that projects which surged in the first three months have a liquidation rate of over 80% after one year. Interesting, isn't it?
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MEV_Whisperer
· 2h ago
700K initial circulating supply... That number is really something. The PI hype really set everyone’s expectations sky-high.
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RunWhenCut
· 2h ago
Starting with a circulating supply of 700k, these numbers look impressive. Could it easily reach a thousand dollars without much effort?
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NeverVoteOnDAO
· 2h ago
700K liquidity doubled directly? I’ve seen this data trick too many times. That PI wave was indeed crazy, but what about now...
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orphaned_block
· 2h ago
I missed out on that PI wave, but I won't miss NEAR this time. However, with a circulating supply of 700k... it depends on the mainnet activity.
December 15th marks the token generation event for a NEAR ecosystem mobile project. Here's something worth calculating: launching with 700K tokens in circulation creates some wild valuation scenarios.
Think about it—hit a $7M market cap? You're looking at $10 per token. Scale that to $70M and suddenly each one's worth $100. Push it to $700M? We're talking $1K a piece.
Now here's the kicker: remember when PI hit the market? That thing launched straight into a $10B valuation. Makes you wonder what's realistic for this TGE.
Anyone got thoughts on which price range actually makes sense here?