Because on February 6th, 10% will be unlocked → 67.4 million + 107 million = 174.4 million total circulating supply × 0.35 = market cap of approximately $61.04 million. Market professionals generally assess the market value of such public chains to be around $30 million to $80 million, so a median value is taken, hence the price is around 0.3 to 0.35 for entry.
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#BERA Why buy at a price of 0.3~0.35?
Because on February 6th, 10% will be unlocked → 67.4 million + 107 million = 174.4 million total circulating supply × 0.35 = market cap of approximately $61.04 million.
Market professionals generally assess the market value of such public chains to be around $30 million to $80 million, so a median value is taken, hence the price is around 0.3 to 0.35 for entry.