News list for " circulating token"

Managing Partner of Nomad Capital: The number of tokens in circulation announced by many projects is seriously inconsistent with the actual situation and is misleading

On March 31, Erick Zhang, managing partner of Nomad Capital, tweeted, "Unlocked amount is not the same as liquidity. Many project parties claim that the amount of tokens unlocked is liquidity and falsely report the circulating market value, which causes the data platform to display data errors and is misleading to investors. Investors are advised to check the on-chain data to derive the correct market value. Taking the BTCfi project Corn as an example, its actual circulation is only up to 3%, co...

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2025-03-31 06:59:59