well, I don't know if this means anything, but in the world of skins trading, one of the most common ways of pricing an item is in"keys", keys are used to open "cases"
The standard price of a key is between $2.49 to about $2.69 ea. so for this token to eventually settle at that psychological level initially could be possible, in any case, the price of wax tokens:keys will be something to follow if you are into this token.
I learned that skins had potential to make a lot of money when I saw the money being poured into it first hand, it was then that I suspended my disbelief in this market and that is what you have to do sometimes.
I think this is one of those times. not investment advice.

*keys and cases:a key will allow the user to open one case which will grant you one skin, it will be from a selection depending on which kind of case is opened and could be valued from low to high with lower odds of getting an expensive valued skin and greater odds of getting a nearly worthless one)