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TechFlow reports, Ambient founder Doug Colkitt stated that many people believe the FDV valuations of newly issued tokens are significantly higher today than in the past. However, this overlooks the price changes of the underlying cryptocurrency itself. When denominated in ETH, the FDVs of newly issued tokens show little difference from historical levels—and in fact, the FDV of new tokens in 2024 may even be on the lower side.
Ambient founder Doug Colkitt posted that many people believe the FDV valuations of newly issued tokens are much higher than in the past, but this fails to account for the price changes of the underlying cryptocurrency itself. When denominated in ETH, the FDVs of newly issued tokens are not significantly different from historical levels, and in fact, the FDV of new tokens in 2024 might even be on the lower side.
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