📐 Primary Market | Circulating Market Cap and FDV
· Definition: FDV (fully diluted valuation) = the current price multiplied by the token’s maximum supply. In other words, it’s the valuation assuming all tokens are in circulation.
· Rationale: Looking only at circulating market cap underestimates a token’s overall valuation. If there isn’t enough demand to absorb tokens released later, the price may be diluted.
· Practical tip: When comparing similar projects, look at both circulating market cap and FDV—don’t compare just one.
$BTC 80506.01（+3.33%）
· Definition: FDV (fully diluted valuation) = the current price multiplied by the token’s maximum supply. In other words, it’s the valuation assuming all tokens are in circulation.
· Rationale: Looking only at circulating market cap underestimates a token’s overall valuation. If there isn’t enough demand to absorb tokens released later, the price may be diluted.
· Practical tip: When comparing similar projects, look at both circulating market cap and FDV—don’t compare just one.
$BTC 80506.01（+3.33%）
