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Giftedhands
@giftedhands
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 ๐Ÿ˜…. @alitiknazoglu @saska what's your take on low float and high valโ€ฆ
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Joonatan | Phaver CEO
@joonatan.eth
Yeah not going to launch at 1B valuation ๐Ÿ˜… But e.g. MOCA is hovering around that a couple of days after launch which is a reasonable benchmark.
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Giftedhands
@giftedhands
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?
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Giftedhands
@giftedhands
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?
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