Ambient founder: The FDV of newly issued tokens is not much different from the past when denominated in ETH
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana hits new all-time high, DEX tokens surge amid Trump memecoin frenzy
Solana has achieved a new all-time high price in the wake of President-elect Trump’s memecoin launch on Friday.Solana-based exchange Jupiter’s token has seen a 30% price jump in the wake of the memecoin’s launch, which also sent Solana-based memecoin launchpad Moonshot to the top of the Apple App Store charts.
Donald Trump launches official memecoin; Cryptocurrency soars over 400% and surpasses industry giants
Vitalik Buterin Announces Changes in Ethereum Foundation Leadership
Hedera Token Sees $2B Trading Spike Amid 5% Rally