Token economics

Token economics covers supply, emissions, unlocks, and who is paid. A high fully diluted value with a small float is a common way prices look better than the book.

If insiders unlock soon, the float can multiply. JC does not invent unlock calendars. Check the project's own disclosures.

A token can have no claim on cash flow. Utility, governance, and meme demand are different things. Mixing them up is how people overpay.

Nothing on this page is a valuation. If you cannot name the buyer of last resort, you are speculating.