How does the fully diluted market cap work?

It constantly takes an aggregated token’s price from Coingecko or CMC. Also, it takes a total token supply from the coin’s smart contract. Therefore, when a price grows, the Fully Diluted Market Cap rises. To get the dynamic Fully Diluted Market Cap traction on your altcoin BscScan’s page, complete an Advanced update for free.

What is a fully diluted market capitalisation of a cryptocurrency?

The definition of a fully diluted market capitalisation is the total value of the crypto at today’s price if the entire future supply of coins were in circulation. Let’s take bitcoin (BTC) as an example. Each time a bitcoin block is successfully mined, new coins are minted.

What is fully diluted valuation (FdV) in crypto?

Another metric that is considered these days is Fully Diluted Valuation (FDV). FDV can simply be defined as the Market Cap of the project once the maximum number of tokens have been issued by the development team. In other words, it is a method of computing the future market cap of a project.

What is the significance of the close price on coingecko?

IMPORTANT: On Coingecko, the Close Price of any currency corresponds to the Open Price of the following day as shown on the below image: For Specific data points like highs, lows, ranks…