Many compare MC (Market Cap) to its FDV (Fully Diluted Value) to evaluate a token's true value. But is it actually relevant?
Last run in 2021, gaming Web3.0 DeFi coins were top performers with $$ billions in FDV.
These have since retraced down to $1 billion and the tokens have lost 90% of their price value. Who dumped that $1 billion in market cap causing 99% drawdowns? Most of these tokens, with high inflationary tokenomics or VC's dumped their bags.
Last run in 2021, gaming Web3.0 DeFi coins were top performers with $$ billions in FDV.
These have since retraced down to $1 billion and the tokens have lost 90% of their price value. Who dumped that $1 billion in market cap causing 99% drawdowns? Most of these tokens, with high inflationary tokenomics or VC's dumped their bags.
But a higher FDV does not always mean higher drawdowns, especially during a bull market. In fact, you might miss the run just by looking at the FDV.
Celestia $TIA topped $20 with an FDV of $20 billion versus a market cap of only $3 billion, which is 7x the market cap. Starknet has not started its run yet but has $14 billion in FDV (it was $25 billion during the launch) and $1 billion in market cap.
Celestia $TIA topped $20 with an FDV of $20 billion versus a market cap of only $3 billion, which is 7x the market cap. Starknet has not started its run yet but has $14 billion in FDV (it was $25 billion during the launch) and $1 billion in market cap.
The FDV metric will tell you about the "sell pressure from investor and team vesting." The more vesting holders are in profit, the higher the possibility that they might take profit because the bag is getting heavy.
Since the data regarding circulation and vesting is very limited, and many projects don't even want to share it as insiders pump it, the best bet is to track their vesting plans and front-run them.
Since the data regarding circulation and vesting is very limited, and many projects don't even want to share it as insiders pump it, the best bet is to track their vesting plans and front-run them.
Binance investigators found that DWF manipulated the price of YGG and at least six other tokens and conducted more than $300 million in wash trading in 2023. DWF sold nearly 5 million tokens in two batches near the peak. they missed $TRB?
Binance stated that the false transactions discovered by the monitoring team were proprietary transactions and did not constitute manipulation. Binance also believed that the head of the monitoring team cooperated too closely with DWF's competitors on the case, which created fraud.
Binance stated that the false transactions discovered by the monitoring team were proprietary transactions and did not constitute manipulation. Binance also believed that the head of the monitoring team cooperated too closely with DWF's competitors on the case, which created fraud.
Alpha
Binance investigators found that DWF manipulated the price of YGG and at least six other tokens and conducted more than $300 million in wash trading in 2023. DWF sold nearly 5 million tokens in two batches near the peak. they missed $TRB? Binance stated that…
The Wall Street Journal
Exclusive | Binance Pledged to Thwart Suspicious Trading—Until It Involved a Lamborghini-Loving High Roller
Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.
This week is a fairly heavy event risk week. Powell will speak on Tuesday and we will also have the Producer Prices on Tuesday. ; OpenAI new product announcements today.
$SNX: Launch of Infinex, a UX layer by Synthetix founder, on May 13.
$MODE: Mode Staking V2 launching next week.
$LQTY: Liquity v2 Whitepaper release next week.
Binance: Relists GameFi project for Q2.
Notcoin: In the TON ecosystem with 35M players, staked 17m BNB & 2b FUSD.
Swell L2: Has pre-deposits of 1.2b, with Justin Sun holding >46%.
Token Unlocks ($1b worth this week):
$STRK: 64m ~ $77m, 8.79% of cir. supply.
$CYBER: 886k ~ $6.84m, 4.13% of cir. supply.
$AEVO: 827m ~ $1b, 752.36% of cir. supply.
$ARB: 92.65m ~ $92.57m, 3.49% of cir. supply.
$APE: 15.6m ~ $19m, 2.48% of cir. supply.
$IMX: 25.53m ~ $57.95m, 1.75% of cir. supply.
$SNX: Launch of Infinex, a UX layer by Synthetix founder, on May 13.
$MODE: Mode Staking V2 launching next week.
$LQTY: Liquity v2 Whitepaper release next week.
Binance: Relists GameFi project for Q2.
Notcoin: In the TON ecosystem with 35M players, staked 17m BNB & 2b FUSD.
Swell L2: Has pre-deposits of 1.2b, with Justin Sun holding >46%.
Token Unlocks ($1b worth this week):
$STRK: 64m ~ $77m, 8.79% of cir. supply.
$CYBER: 886k ~ $6.84m, 4.13% of cir. supply.
$AEVO: 827m ~ $1b, 752.36% of cir. supply.
$ARB: 92.65m ~ $92.57m, 3.49% of cir. supply.
$APE: 15.6m ~ $19m, 2.48% of cir. supply.
$IMX: 25.53m ~ $57.95m, 1.75% of cir. supply.
Alpha
Why meme coins won't be labeled as memes if VCs invest in them: Investments by VCs can enhance the legitimacy and financial backing of a meme coin, potentially shifting its perception from a novelty or cultural token to a more serious investment vehicle.…
Long Vs short [PEPE/SHIB]
VCs coin Vs culture coin
VCs coin Vs culture coin
Alpha
$AEVO is sending millions of $AEVO coins to multiple addresses right before tomorrow's $800 million $AEVO unlock.
Binance lucrative funding rates -0.8% OI $80m. if funding rate stays the same for a couple of days shorters gonna liq auto.