JBSs last pump was around 34000 sat, so dividing by 10 = 3400 sat per UBQ is reasonable if you thought that pump was reasonable. Otherwise intrinsic price is down near 800-1000 sat. Now there is some value to a new coin with more potential, but don't know how to factor that in exactly in these early days.
Your calcul are totally bullshit. Thy god, people dont see it this way.