The token is set to list on Binance on Jan 18th.
Before that, let's perform calculations and compare it with other projects.
🍥 Token Info ▫️ Max Supply: 1,000,000,000 ▫️ Initial Supply: 251,000,000
So the initial circulating supply of $MANTA will be around 25.1% of the total supply.
Per token price according to market cap
▫️ 500M: $2
▫️ 700M: $2.8 [Market cap of $METIS]
▫️ 1B: $4
▫️ 2B: $8 [Market cap of $MNT and $IMX]
▫️ 3B: $12 [Market cap of $OP and $ARB]
▫️ 4B: $16
▫️ 6B: $24
▫️ 8B: $32 [Market cap of $MATIC]
The current price on Bitmex is $2.3 per token.
In my opinion, a price between $3-4 seems reasonable, with a market cap of almost $1B and a fully diluted market cap of $4B.
Exchange listings are provided in the image below.
This information does not constitute financial advice.
CREDIT: