The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each
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Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?
I worked it out..
120,000,000 ÷ 600,000,000 = 18 cents
Then use the 18cent price for the burn
120,000,000 ÷ 80,000,000 = $1.50
Now imagine if Flik reaches 50 cents before the burn..
$300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close
I dont see anyone buying this after the burn. So do you think this value counts?
Yes because they have a roadmap, the price will keep going up from there
So what does it really mean to burn that much of them?
What will happen?