fdv

According to BBX data, the first public collapse case in the corporate digital asset reserve sector occurred yesterday, and on the same day, the crypto industry jointly issued the largest legislative mobilization of the year. Several listed companies disclosed their latest reserve actions, with the core dynamics as follows:Satsuma Technology Plc (LSE: $SATS) reported by Bloomberg on April 23 that digital asset investment firm Pantera Capital (holding approximately 6.7%) is pressuring the company, along with other shareholders, to liquidate all 646 BTC (current market value approximately $50 million) and return the cash to shareholders. The company's executive chairman, Ranald McGregor-Smith, confirmed that they have received requests from shareholders for capital return, stating that they are "evaluating options."DeFi Development Corp. (NASDAQ: $DFDV) announced that its Treasury Accelerator Program has completed a strategic equity investment in Japanese listed company Allied Architects, Inc. (TSE: 6081), marking the company's first entry into the Asian market. As of recently, the company holds approximately 2.2 million SOL (market value approximately $195 million), using "SOL per Share (SPS)" as a core performance indicator.H100 Group AB (OTCMKTS: $HOGPF) upgraded the letter of intent (LOI) signed in March to a binding share purchase agreement, intending to acquire a total of approximately 2,450 BTC reserves from Moonshot AS and Never Say Die AS; upon completion, the company's BTC holdings are expected to rise to approximately 3,501 BTC, with the transaction structure being all-stock consideration (BTC for BTC, no cash involved). Existing shareholders are expected to hold about 30% after completion, with the delivery expected to be completed by August 2026.Remixpoint, Inc. (TSE: 3825) recently increased its holdings by 20.0312 BTC (approximately $1.57 million), bringing its total BTC holdings to 1,431.33 BTC, with a current paper profit of approximately $21.28 million; the company also plans to purchase approximately $3.13 million in additional crypto assets.

Polymarket platform data shows that the market bets an 80% probability that edgeX's FDV will exceed 300 million USD on the day after its launch, a 57% probability for exceeding 400 million USD, a 36% probability for exceeding 500 million USD, and a 19% probability for exceeding 600 million USD.According to previous news, edgeX will launch its TGE tonight at 20:30, and the official Twitter account has currently closed the comments section.

Backpack founder Armani Ferrante posted a response to recent community FUD, addressing topics such as OTC trading, Mad Lads equity, witch hunts, and token prices.Armani stated that the team will not sell their tokens through OTC to cash out, and their previous comments about OTC were only to assist buyers in finding tokens. All users holding Mad Lads tokens before the TGE will retain their Backpack VIP status, while new users will not enjoy this status.Additionally, Armani emphasized that the FDV value 24 hours or a week after the TGE is not practically significant, and short-term FDV is not a core metric. The team's interests are deeply tied to the success of the token; if the token price goes to zero, the team will not be able to earn profits.Regarding witch hunts, he acknowledged that the team's previous handling was too mechanical and did not fully consider the complexity of community dimensions. The team is currently re-evaluating relevant cases. The team is continuing to advance the review of witch hunt cases and return to development work.

The probability of Polymarket betting that the FDV of the Backpack token on its launch day will exceed $300 million has dropped to 58%, the probability of exceeding $200 million is 91%, the probability of exceeding $100 million is 99%, and the probability of breaking $500 million is about 13%.

According to data disclosed by CoinGecko, the perpetual DEX protocol Paradex has issued its token, DIME, with a total supply of 1 billion tokens. The current fully diluted market value (FDV) is only about 43 million USD, and it has not yet been listed on mainstream exchanges. In addition, the total locked value has reached approximately 3.02 billion USD.

The probability of Opinion on Polymarket issuing tokens on March 5 has risen to 95.5%. One day after the launch of OPN, the probability of the FDV exceeding $250 million is currently reported at 94%, and the probability of exceeding $500 million is currently reported at 67%.

Coinlist has announced a USD.AI sale event. This sale is only open to users who participated in the USD.AI "Allo Game" points activity. Eligible users can participate directly through CoinList during the sale window.Participants will receive guaranteed allocations based on the points they earned in the Allo Game. Users can also submit additional purchases beyond their guaranteed allocation, and if the sale is not fully subscribed, the excess will be distributed proportionally.The token for USD.AI is called CHIP, with a total supply of 10 billion tokens. A total of 700 million tokens will be sold in this round, with a price of $0.03 per token, corresponding to an FDV of $300 million. It is expected to be 100% unlocked at the TGE in March, with a minimum purchase amount of $100.

The NFT project Moonbirds has launched its native token BIRB on Solana. According to CoinGecko data, the token's price surged nearly 70% within the first few hours of trading, with a fully diluted valuation (FDV) currently close to $300 million and a market cap of about $80 million.Currently, in a prediction event on Polymarket regarding its FDV level one day after issuance, the probability of a $200 million valuation is 64%, while the probability of a $300 million valuation is only 22%.

Solana treasury company DeFi Development (DFDV) announced the issuance of the first-ever Meme coin created by a publicly listed company, DONT (DisclaimerCoin, please do not purchase). DFDV claimed in the announcement that DONT has not received any sponsorship, endorsement, or support from external influencers, KOLs, foundations, venture capital firms, or ecosystem partners. There is no roadmap, no advisors, no team, no practical functionality, and no commitments. It is an experiment spontaneously launched by DFDV, making it the first Meme coin created by a publicly listed company.DFDV intends to permanently hold 30% of the supply of DONT tokens. According to GMGN data, DONT's market cap briefly reached $28 million within 3 hours of launch, currently reported at $18 million, with a trading volume of $23 million. ChainCatcher reminds users that Meme coins often lack practical use cases and have significant price volatility, so investments should be approached with caution.

According to market news, the crypto privacy protocol Zama will launch an on-chain token sale with a fully diluted valuation (FDV) cap of $55 million through CoinList and its own auction application, using a sealed-bid Dutch auction structure to allocate 12% of its total supply of 11 billion tokens. This 12% token sale is divided into three parts.Before the main auction, a 2% community token sale will be held this week for Zama's NFT holders; from January 21 to January 24, an 8% sealed-bid Dutch auction will be conducted in collaboration with CoinList; and from January 27 to February 2, the final 2% will be sold at the auction clearing price. Although CoinList is the issuance partner for this main auction, the sale is not limited to that platform.Participants can also bid through Zama's own auction application. The main auction will take place on the Ethereum mainnet in the form of a sealed-bid Dutch auction. Bids will be executed from high to low, with the minimum price for token allocation being the clearing price that all successful bidders must pay. The reserve price for this auction is $0.005 per token, resulting in an FDV of $55 million based on Zama's total token supply.CoinList President Scott Keto stated that Zama's sale marks CoinList's first fully on-chain, non-custodial token sale. The Zama auction is also a practical application case of the protocol's fully homomorphic encryption technology, which allows for computations on encrypted data. Zama noted that while the auction is executed on-chain, the number of bids remains end-to-end encrypted, preventing participants from seeing each other's positions while maintaining on-chain auditability.

According to the official page information, Binance Alpha has launched ZTC, with a current market cap of 37.87 million USD, corresponding to an FDV of 151 million USD.

According to on-chain analyst Ai Yi's monitoring, LIT has been launched, and the current LIT FDV is $2.41 billion. Compared to the prediction made a week ago when the pre-contract was launched, the market believes that the betting ratio for an FDV above $2 billion one day later has decreased from 85.5% to 76.3%. The probabilities of reaching FDVs of $4 billion, $6 billion, and $8 billion have all significantly decreased, with the probability of exceeding $4 billion dropping from 23% to 7%.In addition, the TOP1 holder of this prediction market, Nijntje (0x4c8...ff4b), currently holds 16 positions, all related to new coin valuations and airdrop predictions, including 414,000 Lighter shares, valued at approximately $327,000, making it their heaviest position.

The cross-chain aggregation DeFi platform Infinex has updated its token sale details on Sonar at Echo. This sale will offer 5% of the token supply, with the raised amount reduced from $15 million to $5 million, and the FDV decreased from $300 million to $99.99 million.User registration will open on December 27, and the sale will commence on January 3. Additionally, the official will sell an extra 2% of tokens to Uniswap CCA.

The SOL chain perpetual contract trading platform Pacifica has now launched the pre-market perpetual contract for the Lighter token (LIT), allowing users to trade LIT on the Pacifica platform. After the contract went live, the price of LIT has continued to rise and is currently stabilizing at around $3.4. Based on this price, the fully diluted valuation (FDV) of Lighter is approximately $3.4 billion.Previously, it was reported that Lighter has transferred 250 million LIT tokens (about 25% of the total supply) to a new address. If this portion of tokens is fully used for future airdrops, each point would correspond to approximately 20.8 LIT. Based on the current pre-market price, each point is valued at about $71.1. The on-chain data analysis and copy trading tool Coinbob has now launched Coinbob Pacifica (@CoinbobPAC_bot), allowing users to copy the trading strategies of high-frequency traders to earn trading points and prepare for potential airdrop opportunities.

According to data released by Ash from the Memento Research team on social media, the token issuance market is performing poorly in 2025. By tracking the TGE status of 118 tokens, it was found that 84.7% (100/118) of the projects currently have a fully diluted valuation (FDV) lower than their opening valuation, meaning that about four out of five projects are below their initial valuation.The data shows that the median FDV of tokens has dropped by 71% compared to the issuance, and the market capitalization has decreased by 67%. Only 15% of the projects have achieved positive returns compared to the TGE period. The analyst believes that TGE is no longer an early investment opportunity.

According to official news, the Stable mainnet will go live today at 21:00 Beijing time (8:00 AM Eastern Time).As of the time of writing, the probability of "Stable token's first day FDV exceeding 2 billion USD" on Polymarket has risen to 86%, while the probability of a market cap exceeding 4 billion USD is only 20%. Meanwhile, the pre-market price of STABLE on mainstream trading platforms is currently reported at 0.035 USD, corresponding to an FDV of 3.5 billion USD.