According to a report from the Crypto market network, Cryptonews, market capitalization and fully diluted valuation (FDV) are two main ways to assess crypto tokens. Market cap reflects the current value of tokens in circulation, while FDV takes into account the potential value of all tokens in the future. The gap between the two is the root cause of many losses in the crypto market. This article explores the definitions of market cap and FDV, their relationship, and how to interpret these two figures before investing. When evaluating a token, investors should focus on the ratio between circulating supply and total supply, as this will affect future sell pressure. A higher FDV may indicate future supply pressure, while a lower circulating supply may lead to price volatility. Understanding these two figures and the unlock schedules behind them can help investors make more informed decisions.