We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO).
https://coinmarketcap.com/currencies/tourist-token/What is their fate in the crypto space.?
The price of a token means nothing. For getting an accurate impression if the token is undervalued or overvalued, the total supply of a coin / token has to be considered in addition to the price. If there is a huge supply of coins or tokens created, the price will be lower per coin. Let's take BTC and EOS a an example:
For BTC the total supply is 21,000,000.
For EOS the total supply is 1,044,419,959 EOS.
So, there are much more EOS in total created that BTC. Important is the scarcity of an asset and the lower number of all total created BTC makes every BTC more scarce compared to EOS. To calculate the marketcap you need to take supply*current price.
For your coin it means: the total supply is very high (7,500,000,000) and that makes a low price very meaningless.
I agree with the calculation over here and the comment made.
The current price has very little to do; the current supply has more part in it. The more the coins present, the lesser will be the value and vice versa.
