This project has gained a lot of follow due to its out-of-the-box MEME attributes. Its market capitalization is currently only around 7M, which is relatively still in the very early stages.
From a valuation perspective, if it can reach a market capitalization of 50 million, it means a 7-fold increase; if it surges to 100 million, that would be a 14-fold increase; and if it ultimately reaches 1 billion, the potential is 1400 times.
Of course, this prediction is based on one premise - you have to hold on tight. The most challenging part in the market is often not picking the right coin, but maintaining patience amidst the volatility. The lower the market capitalization of a project, the greater the potential for imagination, but the risks also correspondingly exist. Prepare yourself mentally, and take action when the time is right.
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LuckyHashValue
· 9h ago
The 7M market cap is indeed still in its infancy, but the question is whether it can hold on until that day.
If it can't be held on to, it's worth 0. To put it bluntly, this kind of low market capitalization is just a gambling mentality.
1400 times sounds great, but the more realistic outcomes are a Rug Pull or infinite dilution.
This project has gained a lot of follow due to its out-of-the-box MEME attributes. Its market capitalization is currently only around 7M, which is relatively still in the very early stages.
From a valuation perspective, if it can reach a market capitalization of 50 million, it means a 7-fold increase; if it surges to 100 million, that would be a 14-fold increase; and if it ultimately reaches 1 billion, the potential is 1400 times.
Of course, this prediction is based on one premise - you have to hold on tight. The most challenging part in the market is often not picking the right coin, but maintaining patience amidst the volatility. The lower the market capitalization of a project, the greater the potential for imagination, but the risks also correspondingly exist. Prepare yourself mentally, and take action when the time is right.