About circulating market cap and FDV:
Newly launched projects often have only a small portion of their tokens in circulation, so their circulating market cap may look low, while their FDV could be several times higher.
Looking only at circulating market cap can lead you to underestimate a project's overall valuation: if there isn't enough demand to absorb the tokens released later, the price may come under pressure.
$BTC 73850.12๏ผ-0.97%๏ผ
#BTC
Newly launched projects often have only a small portion of their tokens in circulation, so their circulating market cap may look low, while their FDV could be several times higher.
Looking only at circulating market cap can lead you to underestimate a project's overall valuation: if there isn't enough demand to absorb the tokens released later, the price may come under pressure.
$BTC 73850.12๏ผ-0.97%๏ผ
#BTC
