The scarcity is definitely an advantage in tokenomics comparison to other L2 projects. Also a premarket does pose a chance for a good and early investment, I'm curious if anyone here has participated or is willing to participate
What are your thoughts about this project and token?
I don't really understand the scaling technology behind it, but when it comes to tokenomics, I think Taiko (TKO) has an advantage in terms of scarcity. 2 other large L-2 Ethereum projects have a larger supply than Taiko (TKO), for example Arbitrum (ARB) which has a supply of 10B tokens & Optimism (OP) which has 4.29B tokens. Meanwhile, on the other hand, Taiko (TKO) only has 1B supply.
If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.
Pre-market for Taiko (TKO) is available on
Bitget, currently pre-market data for Taiko (TKO) is as follows:
24h total (USDT): 18.07K
Best bid price (USDT): 1.59
Best ask price (USDT): 2.20
Last price (USDT): 11.11 (+455.5%)