What Is the Difference between Fully Diluted Market Cap and Circulating Market Cap?
Circulating market cap is the total value of all tokens currently available and trading in the public market. Fully diluted market cap (FDMC) is the total value if the entire maximum supply of tokens were in circulation, including tokens that are locked, vested, or not yet minted.
FDMC is a measure of the project's long-term valuation.
Glossar
Cap
Strike ⎊ Cap, within cryptocurrency derivatives, denotes the predetermined price level at which an option contract ⎊ typically a call or put ⎊ may be exercised.
Fully Diluted Market Cap
Valuation ⎊ Fully Diluted Market Cap (FDMC) represents the total market capitalization of a cryptocurrency if all future tokens were currently in circulation.
Market Cap
Capitalization ⎊ The market capitalization, often abbreviated as market cap, represents the total dollar market value of a cryptocurrency, options contract, or financial derivative.