๐ Beyond reading the market, you should know these basics too: circulating market cap and FDV
FDV (fully diluted valuation) = current price multiplied by the tokenโs maximum supply. Itโs the valuation assuming all tokens are in circulation.
Looking only at circulating market cap can understate a tokenโs overall valuation. If there isnโt enough demand to absorb tokens released later, the price may come under pressure.
$BTC has a maximum supply of 21 million tokens, and most have already been issued, so its circulating market cap and FDV are not far apart. Currently 73750.
Verify information with multiple sources before acting. Donโt rely on just one personโs claims.
FDV (fully diluted valuation) = current price multiplied by the tokenโs maximum supply. Itโs the valuation assuming all tokens are in circulation.
Looking only at circulating market cap can understate a tokenโs overall valuation. If there isnโt enough demand to absorb tokens released later, the price may come under pressure.
$BTC has a maximum supply of 21 million tokens, and most have already been issued, so its circulating market cap and FDV are not far apart. Currently 73750.
Verify information with multiple sources before acting. Donโt rely on just one personโs claims.