There is no such thing as FDV with stocks.
HOOD, COIN etc. can issue stocks whenever they want
So we should rather compare marketcaps
Jack
@Jackkk
05-29
DeFi Monk explains why Hyperliquid shouldn’t be valued using FDV
“Right now we think it should probably be somewhere in between, if not closer to circulating”
“That’s a massive shift in the story if all of a sudden Hyperliquid is not worth like $60B. I’ve had a background in
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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