According to Wu, based on data from CryptoRank, the FDV of more than a dozen VCcoin projects launched this year and with a certain level of recognition is almost all lower than the VC valuation. For example, the first-level valuation of Humanity Protocol is 1 billion USD, and the current FDV is 285 million USD; the first-level valuation of Fuel Network is 1 billion USD, and the current FDV is 11 million USD; the first-level valuation of Plasma is 500 million USD, and the current FDV is 224 million USD; the first-level valuation of Camp Network is 400 million USD, and the current FDV is 15 million USD, etc.

H-4.62%
FUEL1.21%
XPL1.52%
CAMP0.83%
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