Before looking at fund flows, get the basics down. This time, let’s talk about circulating market cap and FDV.
Newly launched projects often have only a small portion of their tokens in circulation. Their circulating market cap may look low, while their FDV is several times higher.
When comparing similar projects, look at both circulating market cap and FDV—don’t compare just one of them.
$BTC has a maximum supply of 21 million tokens. Most have already been issued, so its circulating market cap and FDV are not far apart. Currently: 81310.35.
Stay rational and manage your position size.
Newly launched projects often have only a small portion of their tokens in circulation. Their circulating market cap may look low, while their FDV is several times higher.
When comparing similar projects, look at both circulating market cap and FDV—don’t compare just one of them.
$BTC has a maximum supply of 21 million tokens. Most have already been issued, so its circulating market cap and FDV are not far apart. Currently: 81310.35.
Stay rational and manage your position size.