Duy Tran pfp

Duy Tran

@duytran.eth

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262 Followers
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$LINEA pre-market price on @LogX_trade is currently siting at $2.4. With the token TGE is set to launch in Q1 2025 and total supply of #LINEA is 10 Billion, the current pre-market FDV is at $24B !! Back then when $ZK was initially launched with around 3B circulating token / 21B in total, it's peak pre-market value was around $1.6 and then the TGE price was around $0.3 ( based on average CEXs market price and excluded DEXs early pool price fluctuation), which observed the reduction of 81.25% from pre-market price. Of course there were many other factors affected the drop of pre-market price back then, but this was just a pure comparison for a potential TGE price. So based on this, we might be able to see a $0.48 to $0.7 per $LINEA with FDV market cap between $4.8B to $7B, which is still pretty highly valued. What do you thinks about $LINEA potential TGE price?
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