Primary Market Basics: Circulating Market Cap and FDV
· FDV (fully diluted valuation) is the current price multiplied by the token’s maximum supply—in other words, the valuation assuming all tokens are in circulation.
· Newly launched projects often have only a small portion of their tokens in circulation. Their circulating market cap may look low, while their FDV can be several times higher.
$BTC has a maximum supply of 21 million, most of which has already been mined, so its circulating market cap and FDV are not far apart. Currently 82376.33.
#BTC
· FDV (fully diluted valuation) is the current price multiplied by the token’s maximum supply—in other words, the valuation assuming all tokens are in circulation.
· Newly launched projects often have only a small portion of their tokens in circulation. Their circulating market cap may look low, while their FDV can be several times higher.
$BTC has a maximum supply of 21 million, most of which has already been mined, so its circulating market cap and FDV are not far apart. Currently 82376.33.
#BTC