—_AT_ETH_MARKET_CAP

This page is a thought experiment, not financial advice, not a price target, and not a prediction. The numbers are arithmetic: a target market cap divided by — circulating supply. Real price discovery depends on liquidity, demand, macro conditions, and dozens of factors this page ignores.

Fully diluteddivides by total minted supply, which for Chia explicitly includes the 21M-XCH pre-farm reserve held by Chia Network Inc. — tokens that exist but haven't entered circulation yet. Most other assets don't have a comparable reserve, so their diluted and circulating figures are effectively the same.