Market Cap vs FDV: The Supply Overhang $ZBCN: 1.00 $RIO: 1.00 $QUAI: 0.99 $TRAC: 0.89 $QUBIC: 0.80 $PLUME: 0.60 $KTA: 0.59 $BERA: 0.57 $H: 0.19 MC/FDV shows how much of a token’s fully diluted valuation is currently represented by its market cap, with 1.00 meaning MC and FDV are essentially equal. ( 1.00 → MC ≈ FDV ) The lower the ratio, the larger the gap between market cap and FDV, meaning more supply may still be outside circulation.
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