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Something Special For Christmas…

Please find below a copy of the most recent email I have sent out to subscribers for your Christmas gift…




Morning,

I’m sure all of you are expecting a final post published to the blog to round off what has been quite a terrible year for crypto, but I had a thought last night and figured that a blog post was simply not sufficient.

A blog post can only fit so much in and is often forgotten about shortly after reading…

You guys have continued to support the blog and given how much shit we as a community have had to deal with over recent months, I wanted to provide something of far more value than a blog post.

So, I have created a spreadsheet.

This spreadsheet is what I will be using personally for the next cycle to filter down the most attractive prospects.

It currently contains 121 altcoins, with numerous metrics recorded. The most important metric, however, is fully diluted valuation divided by market cap all-time high. I have manually scraped all of this data in order to create this metric and I believe it is going to be invaluable for the next cycle.

In effect, FDV / MCAP ATH is the figure that shows you just how good of a deal you might be getting at any given price. If there is a figure showing, for example, 0.15, that means the current entry is giving you an 85% discount on market cap all-time high, after accounting for the maximum possible inflation. A figure of anything above 1 would suggest that you are not getting much of a discounted price if we account for inflation.

More often than not, altcoins break new market cap all-time highs in successive cycles where they may fail to make new price all-time highs, largely due to supply emission which is often ignored, so this is something I pay close attention to.

You can find the Google sheet here: https://docs.google.com/spreadsheets/d/1F28HbDLUE1id1_tBwo4cMrjpBaAoQ6ouSEWaQu0HcUw/edit?usp=sharing

I have also attached it as a document here: https://mcusercontent.com/f1120ee396b9ece06ec9f6a46/files/ad19b8b7-b184-95ca-afe8-d5fd6ef009eb/fdv_vs_mcap_sheet.ods

Feel free to tinker with the metrics as you please, adding tokens you find interesting to your own sheets. The formulas are already inputted so it won’t take much work beyond recording the market cap all-time high, circulating and max supply and obviously the price.

I have also recorded seed prices for token sales where possible, providing some sense of whether or not you’re getting an entry close to or below seed investors, which is obviously the most ideal outcome.

I really hope this helps over the coming months.

Have a great Christmas and I’ll see you in 2023.

Nik

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This Post Has 10 Comments

  1. Shteeeeven

    Amazing as always Nik, thanks bud! Looking forward to the top 10!

  2. Shteeeeven

    Amazing as always Nik. Thanks bud.

  3. Scott Hipkin

    Thanks mate have a great Christmas, also in the new year could you do your top 5-10 altcoin picks for the next cycle please.

    1. Nik

      Hope you had a great Christmas mate – Will definitely do a post on that over the next week or two.

  4. Gabe Benjamin

    Love this. I’ve been wanting to put something similar together, but I wouldn’t have thought of the FDV dilution. Thanks Nik

    1. Nik

      No worries Nick, have a great Christmas!

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