The Analyst pfp
The Analyst
@analyst
🔹Magic Newton Point System Recap (Based on Observations): Daily Dice Points: Most users reportedly average around 5,000 points, with high-end users between 10k–15k. Recurring Trading Points: Possibly volume-based or a one-time reward for first action, not 100% clear yet, but not appearing overly inflated either. 🧠 Assumptions for Estimating $NEWT Price: If we apply typical pre-TGE logic seen in recent projects: Let’s say 10% of the total $NEWT supply goes to community contributors (including yappers, dice players, etc.). Total max points in circulation (speculative): say 100M–150M points. Valuation expectations: If $NEWT targets a $200M–$300M FDV (which is reasonable considering user base + narrative), that gives us: 💰Back-of-the-Envelope Math: If: 10% of supply = 10M tokens Valuation = $200M That means each $NEWT = $20 FDV ÷ 100M total tokens → $2 per token So $2/day-one is close.
0 reply
0 recast
0 reaction