A quick explainer on the primary market: circulating market cap and FDV
· Dividing the circulating market cap by the FDV gives a rough estimate of the current circulating supply ratio. The lower this ratio, the more tokens are yet to be unlocked.
· Circulating market cap = current price × number of tokens in circulation.
$BTC has a maximum supply of 21 million tokens, most of which have already been mined, so its market cap and FDV are not far apart. Current price: 82884.08.
#BTC
· Dividing the circulating market cap by the FDV gives a rough estimate of the current circulating supply ratio. The lower this ratio, the more tokens are yet to be unlocked.
· Circulating market cap = current price × number of tokens in circulation.
$BTC has a maximum supply of 21 million tokens, most of which have already been mined, so its market cap and FDV are not far apart. Current price: 82884.08.
#BTC