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WalletConnect Token
Funding raised: $47M
Total supply: 1,000,000,000
Circulating supply at listing: 186,200,000
Target: Estimate expected listing price
We can estimate the listing price by:
A. Using Vana’s Circulating Market Cap Ratio
Let’s assume WalletConnect targets a similar circulating market cap to funding ratio as Vana.
Vana ratio of market cap to funding:
\frac{1,050,000,000}{25,000,000} = 42x
If WalletConnect follows the same ratio:
Expected Market Cap = 47M × 42 = $1.974B
Expected Price = Market Cap / Circulating Supply
\text{Expected Listing Price} = \frac{1,974,000,000}{186,200,000} \approx \$10.60
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Estimated Listing Price for WalletConnect Token: ~ $10.60
47M \times 20 = 940M \Rightarrow \frac{940M}{186.2M} \approx \$5.05
Final Range Estimate:
Expected Listing Price: Between $5 – $10.60, depending on market sentiment and strategy.
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