Could you elaborate on the concept of a fully diluted valuation, specifically in the context of harrypotterobamasonic10inu (ETH) (Bitcoin)? I'm curious to understand how this metric is calculated and what factors influence it. Is it based solely on the current market capitalization, or does it take into account potential future token releases or additional fundraising rounds? Moreover, given the unique nature of the asset being a hybrid between Ethereum and Bitcoin, how does this affect the valuation methodology? I'm interested in gaining a deeper understanding of how investors and analysts assess the value of such 
cryptocurrency tokens.
            
            
            
            
            
            
           
          
            5 answers
            
            
  
    
    SunlitMystery
    Thu Jul 18 2024
   
  
    The fully diluted valuation (FDV) of HarryPotterObamaSonic10Inu (ETH), commonly denominated in BTC, stands at BTC1,592.6809. 
  
  
 
            
            
  
    
    Tommaso
    Wed Jul 17 2024
   
  
    This figure represents a statistical estimation of the potential maximum market capitalization of the digital asset. 
  
  
 
            
            
  
    
    KabukiPassion
    Wed Jul 17 2024
   
  
    The calculation assumes that the maximum number of BITCOIN tokens, which is set at 1 Billion, are currently in circulation. 
  
  
 
            
            
  
    
    Valeria
    Wed Jul 17 2024
   
  
    The FDV serves as a benchmark for investors to gauge the potential upside or downside of the cryptocurrency. 
  
  
 
            
            
  
    
    CryptoDynasty
    Wed Jul 17 2024
   
  
    BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions. These services cater to a wide array of cryptocurrency investors.