Shahbaz Ali Sarwar
@uniset
986 Following
69 Followers
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To estimate the token price, we can use the formula:
Token Price = Market Capitalization / Circulating Supply
Given:
- Funding: $65M (this doesn't directly determine price but can influence market cap expectations)
- Total Supply: 1B tokens
- Circulating Supply (CS): 100M tokens
Assuming the market capitalization is roughly equivalent to the funding (which is a big assumption, as market cap is determined by market forces), let's calculate the token price based on different market capitalization scenarios:
1. If Market Cap = Funding ($65M):
Token Price = $65,000,000 / 100,000,000 tokens = $0.65 per token
2. If the project's valuation post-funding is higher, say $500M (considering funding as a portion of total valuation):
Token Price = $500,000,000 / 100,000,000 tokens = $5 per token
Without knowing the exact market capitalization or the tokenomics details (like token price at launch, if any), it's challenging to give a precise figure. 0 reply
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