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Ambient founder: The FDV of newly issued tokens is not much different from the past when denominated in ETH

CointimeCointime2024/05/20 10:28
By:Cointime

Ambient founder Doug Colkitt posted on the X platform, stating that many people believe that the FDV pricing of newly issued tokens is much higher than in the past, but this does not take into account the price changes of the underlying cryptocurrencies themselves. If priced in ETH, you will find that the FDV of newly issued tokens is not much different from the past. If you must compare, the FDV of new tokens in 2024 may even be lower.

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