Money is flying around as the crypto market heats up.
One such project is Portal, whose eponymous token went live today at a market capitalization of over $400 million. That puts PORTAL in the top 200 digital assets, according to CoinGecko.
PORTAL currently has a fully diluted valuation (FDV), the market capitalization of a project when all its tokens are in circulation, of $2.37 billion. The project’s website says holders of PORTAL will be able to stake it for access to other tokens, for governance, and “purchase a node,” among other use cases.
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#undefined [Source: TheDefiant]