"Low float - High FDV - Crazy Prices."

Lately, I've read many articles criticizing tokenomics where initial token generation events (TGEs) have very low initial supplies but high total supplies. This setup results in low market caps but very high fully-diluted valuations (FDVs).

Last night, I backtested over 20 altcoins from the 2017-2018 cycle to the 2020-2021 cycle to compare with the current one. Interestingly, I found that previous cycles faced similar situations.

In 2017-2018, FDVs ranged from hundreds of thousands to a few million. In 2020-2021, they jumped to tens of millions to hundreds of millions. Currently, top-tier altcoins are being valued in the billions.

Are they overvalued? 👉 Yes. That's the game; if you accept it, you can participate. Alternatively, you could seek coins where all tokens have already been released. (However, based on my backtest, these often underperform significantly during bull runs.)

#Lcagency #Lcademy #blockchainvietnam #Crypto_Jobs🎯 #KOLcrypto