Statistics: Some crypto projects launched this year have already fallen far below their last venture capital funding valuations
BlockBeats News, December 24, according to CryptoRank statistics, some crypto projects that issued tokens this year have already fallen far below their final pre-token venture capital valuations. The difference between the market capitalization of project tokens and the aforementioned VC valuations can even exceed a hundredfold.
For example: Bubblemaps token BMT currently has a circulating market capitalization of about $6 million (FDV is only $22.92 million), and Fuel Network is in a similar situation.
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.
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