Yescoin Price Prediction: What to Expect from Its Binance Listing

What is Yescoin?

Yescoin, a game hosted on the Telegram platform and built on the TON blockchain, has generated substantial interest among traders, investors, and crypto enthusiasts. Launched in May 2024, Yescoin has quickly attracted over 11 million users. As anticipation builds, the community eagerly awaits Yescoin’s forthcoming listing on major exchanges. Key events on the horizon include the Token Generation Event (TGE) and a major airdrop, both expected to play crucial roles in shaping the token’s trajectory.

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Yescoin's Token Generation Event (TGE)

Yescoin has officially scheduled its Token Generation Event (TGE) for October 1, 2024. This pivotal event will mark the creation and distribution of Yescoin tokens to users. The TGE is a prelude to the highly anticipated airdrop, set to take place in November 2024. The airdrop is anticipated to enhance user engagement and offer significant rewards, further energizing the community.

Yescoin Airdrop and Upcoming Listing

The Yescoin airdrop, planned for November 2024, will follow the TGE and is expected to bolster participation across the platform. As the project gears up for its token listing on prominent exchanges like Coinbase, Binance, and Kraken, the crypto community is keenly watching. These developments provide a promising opportunity for active users to convert their Yescoin holdings into tangible currency.

Yescoin Price Prediction

Drawing comparisons with the MemeFi community—both boasting around 11 million users—helps in forming price predictions under varying circulating supply scenarios. While the precise total supply of Yescoin tokens remains undisclosed, the following scenarios offer insights into potential price ranges at launch:

Scenario 1: Circulating Supply of 1 Billion Tokens

Should Yescoin launch with a circulating supply of 1 billion tokens, the initial price is expected to be relatively high due to the limited availability and robust community backing.

• Initial Price Estimate: Prices might range between $0.60 to $0.70 per token.
• Market Capitalization: At $0.70 per token, the market capitalization would reach $700 million. This would position Yescoin as a notable contender in the cryptocurrency space, particularly if it garners substantial traction on major exchanges.

This scenario assumes a strong demand and competitive environment driven by the limited supply.

Scenario 2: Circulating Supply of 10 Billion Tokens

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Alternatively, if Yescoin launches with a larger circulating supply of 10 billion tokens, the initial price would likely be lower, reflecting the increased availability.

• Initial Price Estimate: The price could be in the range of $0.06 to $0.07 per token.
• Market Capitalization: At $0.07 per token, the market cap would also be $700 million, akin to the first scenario, albeit achieved with a larger token supply and lower individual token price.

Conclusion

The exact listing date for Yescoin remains to be officially confirmed, though a tentative timeline has been suggested. With the TGE scheduled for October and the airdrop in November, these key events will be instrumental as Yescoin progresses towards its official listing on major cryptocurrency exchanges. The coming months will be critical in defining Yescoin’s market presence and valuation.

Source: coingabbar

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HokaNews Launches New Telegram Channel for Latest Airdrops

HokaNews has officially launched its new Telegram channel, HokaNews Airdrop, designed to provide the latest updates on airdrops and collaborative earning opportunities. The channel aims to keep the community informed and engaged without charging any fees.

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Writer @Elena

Elena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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