With the low price of Hamster at listing, it has become very important that people get to know the factors that contributes to fix the price of the token at listing? What can one look out for to know what token airdrops would have good value?
What determines the price of a token at listing?
- Thread starter Fidelia
- Start date
Many factors determine the price of a token at listing such as use and adoption, utility, liquidity, successful fundraising, number of tokens in the pool, contracts. So why the price of Hamster is so low is because only a few investors are interested in holding Hamster tokens.
To evaluate which token airdrops could be a good value, it is essential to consider several factors. First, the team behind the project: a strong team with experience can increase confidence in the token. Second, the utility of the token within its ecosystem: if the token has a clear and functional purpose, it is more likely to retain its value. Third, the community and the interest generated: an active and engaged community can drive the price. Fourth, supply and demand: limited supply and high demand tend to increase value. Lastly, project transparency and communication with investors are also crucial to establishing credibility. Evaluating these aspects can help identify airdrops with appreciation potential
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This was one of the questions that I always wanted to know, thank you guys for answer this question, now I know what determines the price of a token while getting listed.
But Hamster has good utility being a game based token. It had a large community and still the price we super low. I understand that there was no much investors. But wasn't it too low?
The price is likely to continue to decline, very strong selling pressure will make the price of HMSTR weaker and even fall below $0.005, it will take a long time for the price of HMSTR to recover to normal. However, ChangeNow has now opened the Hamster swap.
