I get the feeling theirs a lot of new money getting into the project since the 2 new listings, and the airdrops structure makes it also really well done to drive sales of tokens as well to unlock the airdrop which i think was a really smart way of handling it
You can check up market cap of Covalent on crytorank for daily trading volume and market cap. They got listed on cryptorank a few weeks back.
Btw bitcoin and most altcoins prices has been going up, Since COVA is listed, its volume and price would keep pumping. Its best time to get more cova tokens because its low.
I still don't understand exactly how the circulating supply is calculated.
Right now 30% of the 20% from the private sale is unlocked, right? So that's 6% of the total supply. Team tokens are still locked completely. Founding reserve should be unlocked completely, right (10% from total supply)? From the 4% of the Huobi voting rewards, 1/3 are unlocked. So that's another 1.33...% from total supply. Block rewards, advisors and Ecosystem tokens should still be vested.
So all in all right now 17,33..% of the 6.5 billion tokens should be unlocked. That would mean the circulating supply is now 1.126 billion. That would mean the circulating supply from Cryptorank is just a rough estimation? Or did I miscalculated something?