CoinGecko Report: Among large-cap cryptocurrencies, WLD, CHEEL, STRK, and SAGA have the lowest circulation
ChainCatcher news, CoinGecko has released a new report stating that low circulation cryptocurrencies account for 21.3% of the top 300 cryptocurrencies by market capitalization. This means that 1 in 5 large-cap cryptocurrencies has most of its token supply yet to be unlocked, resulting in a market cap to fully diluted valuation (FDV) ratio of less than 0.5.
It is reported that among large-cap cryptocurrencies, the 4 with the lowest circulation are Worldcoin (WLD) with a market cap to FDV ratio of 0.02, Cheelee (CHEEL) at 0.06, Starknet (STRK) at 0.07, and Saga (SAGA) at 0.09. All 4 of these cryptocurrencies with the lowest circulation were launched in 2023 or 2024.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
