CoinGecko report: Among the large-cap cryptocurrencies, WLD, CHEEL, STRK and SAGA have the lowest circulation

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Coingecko2024/05/10 10:34

By:Coingecko

According to ChainCatcher, Coingecko released a new report stating that low-circulation cryptocurrencies account for 21.3% of the top 300 cryptocurrencies by market capitalization. This means that for every 5 large-cap cryptocurrencies, most of their token supply has not yet been unlocked, resulting in a market capitalization to fully diluted valuation (FDV) ratio of less than 0.5.

It is reported that among the large-cap cryptocurrencies, the four cryptocurrencies with the lowest circulation are Worldcoin (WLD) with a market capitalization to FDV ratio of 0.02, Cheelee (CHEEL) with 0.06, Starknet (STRK) with 0.07 and Saga (SAGA) with 0.09. These four cryptocurrencies with the lowest circulation were all launched in 2023 or 2024.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The Block•2025/02/02 17:11