Subscriber count is the wrong anchor.
Telegram buyers price reachable attention. A channel with fewer subscribers and stronger average post views can clear a better offer than a larger inactive list.
The first line is sponsored-post inventory: average post views, conservative niche CPM, and realistic monthly sponsor slots.
Posting cadence, topic consistency, and forward reach trend decide whether that revenue line deserves a stronger or weaker multiple.
The public estimate stays conservative when owner revenue, sponsor invoices, or private analytics are missing.
