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CoinGecko: Among the large-cap cryptocurrencies, WLD, CHEEL, STRK and SAGA have the lowest circulation

CointimeCointime2024/05/10 10:01
By:Cointime

According to the latest report by CoinGecko, low circulating supply cryptocurrencies account for 21.3% of the top 300 cryptocurrencies by market capitalization. This means that 1 out of every 5 large market cap cryptocurrencies is a low circulating supply cryptocurrency, with most of their tokens still locked up, leading to a market cap to fully diluted valuation (FDV) ratio of less than 0.5. Among the large market cap cryptocurrencies, the 4 with the lowest circulating supply are Worldcoin (WLD) with a market cap to FDV ratio of 0.02, Cheelee (CHEEL) with 0.06, Starknet (STRK) with 0.07, and Saga (SAGA) with 0.09. All of these 4 cryptocurrencies with the lowest circulating supply are scheduled to launch in 2023 or 2024.

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