High market value, low circulation, these four tokens are worth noting

1. Cryptocurrencies with low circulation account for 21.3% of the top 300 cryptocurrencies by market capitalization. The four cryptocurrencies with the lowest circulation are Worldcoin (WLD), Cheelee (CHEEL), Starknet (STRK) and Saga (SAGA), most of which will be released in 2023 or 2024.
2. Among the top 300 cryptocurrencies by market capitalization, 74 have a market capitalization to fully diluted valuation (FDV) ratio of 1, that is, 24.7% of the tokens of large-cap cryptocurrencies are fully issued and circulated in the market, of which 46 were released between 2014 and 2020.
3. Cryptocurrencies with high circulation account for 162 of the top 300 cryptocurrencies by market capitalization, accounting for 54%, of which 28.7% of cryptocurrencies have a market capitalization to FDV ratio of 0.80 or higher, mainly including older cryptocurrencies such as Maker (MKR), Aave (AAVE) and Near Protocol (NEAR).
4. Most of the cryptocurrencies with low circulation are new to the market, with 54 released in the past four years, while there are fewer cryptocurrencies with high circulation and fully diluted market capitalization, with only 28 released in the past four years.
5. This study used data from Coingecko to study the top 300 cryptocurrencies by market capitalization as of May 8, 2024, excluding stablecoins and wrapped assets. The research results are for information and illustration purposes only and do not constitute financial advice.