Data Firm CoinMarketCap Adds New Metrics for Token Launches

Last updated:

Journalist

Tanzeel Akhtar

Journalist

Tanzeel Akhtar

About Author

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Last updated:

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships.

CoinMarketCap, a provider of crypto market data, will add new tools to analyse token launches, said the firm in a blog post.

Two new metrics will be added in 2025 to its platform. The updates are designed to provide users with insights into the potential selling pressure associated with recently launched cryptoassets.

Tokens With Low Float Create Market Volatility

The tools will address concerns surrounding tokens with low float and high fully diluted valuations (FDV), which create market volatility.

The two new metrics are: “Unlocked Circulating Supply” (UCS) and “Unlocked Market Capitalization” (UMC).

FDV is the total market capitalization if all tokens are in circulation. A high FDV relative to MCAP may lead to significant supply inflation and sell-side pressure, said the data firm.

“In recent months, we’ve observed tokens launching at high valuations with low initial float,” said Rush Lu, CEO of CoinMarketCap in a blog post. “UCS and UMC are designed to provide traders with better tools to anticipate these risks,” said Rush.

Through UCS and UMC, users will gain more understanding of how much supply could potentially be sold in the market at any given time.

CoinMarketCap Launches S&P 500 For Crypto

CoinMarketCap launched the CoinMarketCap 100 Index earlier this month. The index measures the performance of the top 100 cryptocurrencies by market capitalization.

You May Also Like