PRL、QTC and other Bitcoin “clone coins” have recently heated up
BIBIBI
AT A GLANCE
David Hoffman said that PRL rose this week 30%、QTC rose this month 300%, and the related data still lack independent verification.
Article
Bankless co-founder: Bitcoin "clone coins" gain momentum again,PRL、QTC rises
BlockBeats reported,October 23, Bankless co-founder David Hoffman wrote that a group of tokens he calls "2017-era Bitcoin clone coins" have recently regained market attention.
Among them,PRL rose this week 30%, with its fully diluted valuation (FDV) reaching 4200000000 USD;QTC rose this month 300%, and with a total supply of 21000000 tokens, its valuation reached 1800000000 USD. Interestingly, tokens with a fixed supply of 21000000 tokens have received multi-billion USD valuations, a phenomenon worthy of attention.
Original link https://m.theblockbeats.info/flash/373449
Key points
01
BlockBeats stated that October 23, Bankless co-founder David Hoffman wrote about a group of "2017-era Bitcoin clone coins."
02
David Hoffman said that these tokens have recently regained market attention.
03
The original text stated that PRL rose this week 30%, with its fully diluted valuation (FDV) reaching 4200000000 USD。
04
The original text stated that QTC rose this month 300%, with a total supply of 21000000 tokens and a valuation reaching 1800000000 USD。
05
David Hoffman believes that tokens with a fixed supply of 21000000 tokens receiving multi-billion USD valuations are noteworthy.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is information about market interest: David Hoffman classified PRL、QTC as what he calls "2017-era Bitcoin clone coins," and cited data on gains, supply, and valuations. Fully diluted valuation is generally used to describe the overall valuation calculated using the full token supply, but the original text did not provide a specific calculation process.
Why it matters to readers
Large short-term gains and multi-billion USD-level valuations may attract more market attention, but the data and classifications in the report are both derived from a retelling and cannot independently demonstrate that the market trend can continue.
Beginners can use this to understand indicators such as gains, total supply, and FDV, but should not make trading decisions solely based on market interest or valuation data from a single source.
Risks and unknowns
The original text did not provide independent market or on-chain data to verify the gains and valuation of PRL、QTC.
QTC The specific calculation methodology used for its "1800000000 USD valuation" was not explained.
"Bitcoin clone coins" is David Hoffman's term in the original text, and its specific classification criteria were not explained.
The original text did not state whether the related market attention can continue.
The evidence only states October 23, without explicitly specifying the year in the body text.
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Related concepts
Fully diluted valuation (FDV)
This term is not in the glossary yet. Browse related concepts in the glossary.