[What will be the fair value of Momentum (@MMTFinance)?]
Currently, $MMT (Momentum) is positioned at around $0.8 in the pre-market. Of course, with limited information such as Total Supply, and the farmers in the farming process not knowing how much $MMT they will receive, the price should only be viewed for fun.
So, what price will Momentum converge to after listing? Let's compare it with indicators from other DEXs.
- Considering that Uniswap is Multichain (EVM) and Jupiter is more of a DEX Aggregator than a DEX,
- based on native chain dex, it is difficult to compare Raydium and Cake since the TVL of Solana and BSC itself is overwhelming.
- Assuming we have the closest indicators and environment, let's consider Base's Aerodrome,
- the fair value of $MMT (Momentum) might be around $1~2B based on FDV.
- However, considering the initial low Circulating Supply and the listing hype, the initial price could be considered to be around $2~4 (FDV based $2~4B).
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