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 at most 3%, which corresponds to the market value of about 3 million US dollars, rather than the 25% liquidity displayed by the project party's website. Coingecko also simply shows the project party's self-reported 25% liquidity, thus erroneously showing the market value of 30 million US dollars. "
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
2025-03-31 06:59:59
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Nomad Capital管理合伙人：很多项目公布的流通代币数量和实际严重不符，具有误导性Next article：
Binance将上线FUNUSDT和MLNUSDT永续合约
