InvestorsHub Logo
Followers 0
Posts 4
Boards Moderated 0
Alias Born 05/09/2022

Re: None

Tuesday, 05/10/2022 4:24:36 PM

Tuesday, May 10, 2022 4:24:36 PM

Post# of 63
Burnit is warming up again and I'm thinking (you probably should stop reading now :)

How much would it cost to buy 1% of total supply at this point?
Market cap = $380k so 1% of that would be $3.8k but...
1% of total supply is 6,570 tokens or 40% of liquid supply.
Market cap would = $532k if someone bought that much.
So 1% of project should cost ($3,800 + $5,320)/2= $4,560

Liquid supply diminished by 40% and the next 1% purchase of say 6,000 tokens (assuming some burn) would pump the price 60% from $532k to $851k and would cost $6,916.

Those are tiny investments with clear returns even assuming nobody else in the world buys a piece. And, if (2) people decided now to own 1% of this thing the market cap would very likely be over $1M.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.