Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO NOW!] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds
by
kaar
on 09/02/2018, 23:04:18 UTC
Price of token and it's value are always in discussion for all the ICOs. But think about the supply, market cap, etc.. when the price seems psychologically high, it did not mean it's really high price. Considering all the factors, FSBT is priced reasonably good. We will see much higher value after the listing for sure.

Yes that's pretty much what I said. the total maximum total supply is 11 mil tokens. At 4 dollar each that's a maximum MC of ~44 mil dollar which is very reasonable. People who think that only tokens with low initial price are likely to see large increase in price are simply wrong. Those are usually the same people who dump their tokens quickly or make other stupid decisions. So if the price of the token will drive away bad investors, this is actually a good thing.