Could you elaborate on the concept of a fully diluted valuation, specifically in the context of harrypotterobamasonic10inu (ETH) (Bitcoin)? I'm curious to understand how this metric is calculated and what factors influence it. Is it based solely on the current market capitalization, or does it take into account potential future token releases or additional fundraising rounds? Moreover, given the unique nature of the asset being a hybrid between Ethereum and Bitcoin, how does this affect the valuation methodology? I'm interested in gaining a deeper understanding of how investors and analysts assess the value of such
cryptocurrency tokens.
5 answers
SunlitMystery
Thu Jul 18 2024
The fully diluted valuation (FDV) of HarryPotterObamaSonic10Inu (ETH), commonly denominated in BTC, stands at BTC1,592.6809.
Tommaso
Wed Jul 17 2024
This figure represents a statistical estimation of the potential maximum market capitalization of the digital asset.
KabukiPassion
Wed Jul 17 2024
The calculation assumes that the maximum number of BITCOIN tokens, which is set at 1 Billion, are currently in circulation.
Valeria
Wed Jul 17 2024
The FDV serves as a benchmark for investors to gauge the potential upside or downside of the cryptocurrency.
CryptoDynasty
Wed Jul 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions. These services cater to a wide array of cryptocurrency investors.