What is the impact of fully diluted ownership on cryptocurrency prices?
Gorman SingletonAug 27, 2023 · 2 years ago1 answers
Can you explain the influence of fully diluted ownership on the prices of cryptocurrencies? How does it affect the market dynamics and investor sentiment?
1 answers
- TJ KarunanayakeMar 07, 2024 · a year agoAt BYDFi, we believe that fully diluted ownership is an important metric to consider when evaluating cryptocurrencies. However, it should not be the sole factor in determining the investment potential of a cryptocurrency. We encourage investors to take a holistic approach and consider various factors such as the project's team, technology, adoption, and market demand. By conducting comprehensive due diligence, investors can make more informed decisions and mitigate risks associated with fully diluted ownership.
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