Lombard
Research notes
The dilution overhang of 174.91% and the fdv-to-mcap ratio of 2.749 are worth monitoring over time, because as more of the remaining 636,250,000 tokens enter circulation the relationship between circulating and fully diluted value will shift, which affects how the market prices the existing supply. The 24-hour turnover rate of 4.22% relative to market cap gives a sense of how actively the circulating supply is changing hands on any given day, and changes in that figure would indicate whether trading activity is expanding or contracting. The asset is currently 91.72% below its all-time high, recorded 204 days ago according to the data, so tracking whether the gap between current price and that historical peak narrows or widens can offer context about how market participants have valued the token across different periods. If fee or revenue data becomes available in the future, that would be a meaningful addition given its current absence.
Written by an AI language model from the figures listed below, on 25 Sep 2026 09:28 UTC.
