Let's talk about @phaverapp TGE, it's very very soon but I doubt $Social will launch at (0.1) 1 billion total valuation, I saw a video where phaver CEO @joonatan.eth was asked about high valuation or low float and he made an example of 1 billion 😅. 
@alitiknazoglu @saska what's your take on low float and high val…

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$SOCIAL🦄

CEO at @phaverapp, the gateway to Web3 social and largest app on Lens Protocol, now also on Farcaster

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A wise degen who wants to make a lot of stimmy

They most likely launch at private sale price and give room for upside so maybe 80 million FDV

Yeah I understand tho, I mentioned earlier in our community call how if phaver lauches close to 1 billion valuation, a super post will be close to 50 dollars in point value, is there going to be an adjustment sir?

And as an addition, MOCA market price is 127 million circulating market cap, it is still an example of a low float, high valuation though, is MOCA a better approach on your book to some that are very high with very low float?

Yeah not going to launch at 1B valuation 😅 But e.g. MOCA is hovering around that a couple of days after launch which is a reasonable benchmark.