Content
@
0 reply
0 recast
0 reaction
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 ๐ . @alitiknazoglu @saska what's your take on low float and high valโฆ
3 replies
0 recast
3 reactions
Joonatan | Phaver CEO
@joonatan.eth
Yeah not going to launch at 1B valuation ๐ But e.g. MOCA is hovering around that a couple of days after launch which is a reasonable benchmark.
2 replies
0 recast
0 reaction
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?
0 reply
0 recast
0 reaction
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?
0 reply
0 recast
0 reaction