9-10 lif token will cost 1 ETH , so 1lif token 120$ is a very high price for a 10 million market cap coin and for a new ICO. 900-100lif token for 1 ETH will be a nice price , you and your team should think about it.
The initial price isn't gonna be 9-10 Lif / 1 Eth which definitely would approximate to $120 per 1 Lif (at today's price). Instead, the team has updated on telegrame of the price as follows: during the first week 1ETH = 1000 Lif, and the second week 1ETH = 900 Lif. Though the total supply isn't specific, as it stated to revolve on the fly during the course of the TGE.
That is to say we will get the total supply as distributed to investor by the end of the TGE.