Can OGC List At $300M Market Cap? | Expert Analysis Reveals This
By Market Steam Dec 26, 2024
Recent developments have cast a shadow over the highly anticipated launch of the OGC token, as exchange data indicates an unexpectedly low price valuation.
The OGC token, associated with the OGCommunity, reached a peak of $0.60 in pre-market trading in early December. However, it experienced a significant decline following recent announcements regarding token burns sourced from unverified accounts, which have been allocated to the OGC Fund for future community incentives.
This is a comprehensive analysis of realistic price targets for OGC gathered from extensive market study.
OGC Listing Price Prediction
Data reveals that OGC is liable to list between $15 million - $300 million market. This places each token at a price of $0.015 - $0.30.
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Affiliate Disclosure
OGC is a community of 10 million gaming enthusiasts who've collectively helped projects grow into the spotlight of crypto investors.
Holding close partnerships with industry leading brands including Bitget, Magic Square, Bybit, BingX and more, the OGC project has grown into an instrumental piece of web3, accelerating web3 brands with committed community members.
OGC FUD | Bitget Fee Price Speculation
Bitget exchange opened deposits for OGC on December 26, signifying preparation for a formal spot listing expected in Q1 of 2025.
Following this new development, exchange data from Bitget reveals a 800 OGC fee for withdrawal, valued by the exchange at $3.99, causing community speculation of this being reflective of the official listing price.
That said, the revealed data would place OGC at a listing price of 0.0049875, bringing the project's fully diluted valuation to $4,987,500.
In absence of an official report on what the initial supply of OGC is, its confirmed 1 billion total supply is used as a baseline for calculating its initial market capitalization which said exchange data places it at $4.9 million, a figure widely unreasonable for partner CEX to formally proceed with.
Recent speculations are not reflective of OGC's official listing price; pre-market valuation shows a potential baseline price of $0.05 - $0.15, bringing OGC to a $50 million to $150 million market cap, at launch.
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