Primary market | What’s the difference between circulating market cap and FDV?
Circulating market cap = current price multiplied by the number of tokens in circulation.
Looking only at circulating market cap can make it easy to underestimate a project’s overall valuation: if there isn’t enough demand to absorb tokens released in the future, the price may be diluted.
$BTC has a total supply cap of 21 million tokens, most of which have already been issued, so its market cap and FDV are not far apart. It currently stands at 76059.59.
Be skeptical of claims promising stable, high returns.
Circulating market cap = current price multiplied by the number of tokens in circulation.
Looking only at circulating market cap can make it easy to underestimate a project’s overall valuation: if there isn’t enough demand to absorb tokens released in the future, the price may be diluted.
$BTC has a total supply cap of 21 million tokens, most of which have already been issued, so its market cap and FDV are not far apart. It currently stands at 76059.59.
Be skeptical of claims promising stable, high returns.