First, what’s the difference between 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.
When comparing similar projects, look at both the circulating market cap and FDV; don’t rely on just one.
$BTC has a maximum supply of 21 million coins, most of which have already been mined, so its market cap and FDV are not far apart. Currently 80594.02.
How you choose to act is up to you; this is just a record.
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.
When comparing similar projects, look at both the circulating market cap and FDV; don’t rely on just one.
$BTC has a maximum supply of 21 million coins, most of which have already been mined, so its market cap and FDV are not far apart. Currently 80594.02.
How you choose to act is up to you; this is just a record.