Is fully diluted market cap good or bad?

When it comes to the concept of a fully diluted market cap, it's important to understand both the potential benefits and drawbacks. On one hand, a fully diluted market cap can provide a more accurate representation of a company's potential value, as it takes into account all potential future sources of equity, such as employee stock options and warrants. However, some investors may view a high fully diluted market cap negatively, as it could indicate that the company has a large number of shares outstanding and a lower earnings per share. Ultimately, whether a fully diluted market cap is good or bad depends on the specific context and the investor's goals. What do you think about the role of a fully diluted market cap in evaluating a cryptocurrency or financial investment?