Post
Topic
Board Speculation (Altcoins)
Re: Surprising price movement of BabelFish Coin
by
int03h
on 31/08/2021, 15:10:18 UTC
The value of each token is currently $0.32, which is a good return compared to the ICO.
Belba Fish has a total supply of 420 million FISH tokens, in the first year around 100 million tokens will be issued. So the capitalization of the project will be around 20 million dollars right now. That number is reasonable given a new project on the RSK Bitcoin network.
Many people don't use RSK Bitcoin so if FISH doesn't list on larger exchanges and has strong promotions, it will be difficult to have a breakthrough in value for this project.