CoinGecko Report: Among large-cap cryptocurrencies, WLD, CHEEL, STRK, and SAGA have the lowest circulation

ChainCatcher news, CoinGecko has released a new report stating that low circulation cryptocurrencies account for 21.3% of the top 300 cryptocurrencies by market capitalization. This means that 1 in 5 large-cap cryptocurrencies has most of its token supply yet to be unlocked, resulting in a market cap to fully diluted valuation (FDV) ratio of less than 0.5.

It is reported that among large-cap cryptocurrencies, the 4 with the lowest circulation are Worldcoin (WLD) with a market cap to FDV ratio of 0.02, Cheelee (CHEEL) at 0.06, Starknet (STRK) at 0.07, and Saga (SAGA) at 0.09. All 4 of these cryptocurrencies with the lowest circulation were launched in 2023 or 2024.