Setting the initial price of a token can be a bit tricky, as it depends on various factors like market demand, token utility, and overall project credibility. One common approach is to conduct a token sale or ICO, where you offer a certain number of tokens at a specific price.
To achieve a $500 value from day one, you'd need to create enough demand for your token. This could involve marketing efforts, building a strong community, and ensuring your token has a unique utility or value proposition. Keep in mind, though, that setting an artificially high price without the market support could lead to a lack of interest and potentially harm your project's reputation.
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