Moo Deng
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The turnover figure of 28.63 percent over the prior 24-hour period reflects how large a share of the circulating supply changed hands in a single day, and shifts in this figure over time can indicate whether trading activity is intensifying or fading. The percent below all-time high, currently recorded at approximately 93.9 percent with 705 days elapsed since that peak, provides a long-run context for where the current price sits relative to its historical extreme. Because the fully diluted valuation equals the market cap exactly, with an FDV-to-market-cap ratio of 1.0, any change in market cap translates directly and proportionally to a change in the implied total value of the network, making market cap a clean single figure to monitor. Movements in the 24-hour turnover alongside market cap changes can together illustrate whether price shifts are accompanied by broad participation or concentrated in thin volume.
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