February 20, 2026

Taking It A Step Farther: Valuing Valueless Assets

Taking It A Step Farther: Valuing Valueless Assets

Taking It A Step Farther: Valuing Valueless Assets

Taking It A Step Farther: Valuing Valueless Assets

Step App/Tether OKEX:FITFIUSDT
bowtrix


Taking It A Step Farther: Valuing Valueless Assets

I have created a fair value model for a worthless asset based on it’s trading volume alone. Since volume represents the fluctuating demand for this ultimately vaporware asset, it shows us the minimum and maximum fair values of the asset.

Based on this model, it is good to place bids and buy big below Minimum Fair Value, and then sell as price reaches / moves above Maximum Fair Value. It’s possible for the market to drasically overshoot the Maximum Fair Value, but it’s best to keep realistic targets.

24hr Volume / Circulating Supply

Minimum Fair Value (lowest 24hr volume ):
$100,000,000 volume / 250,000,000 tokens =
$0.4

Maximum Fair Value (highest 24hr volume ):
$400,000,000 volume / 250,000,000 tokens =
$1.6

Despite this model, within a few years this asset will be worth ZERO! ALWAYS ALWAYS ALWAYS use a stop loss when trading worthless assets!!!!!

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