{"id":54430,"date":"2021-02-06T09:04:42","date_gmt":"2021-02-06T09:04:42","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=54430"},"modified":"2021-02-06T09:04:42","modified_gmt":"2021-02-06T09:04:42","slug":"an-aggregated-list-of-cryptocurrency-fair-values-in-2021-gives-a-different-perspective","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=54430","title":{"rendered":"An Aggregated List of Cryptocurrency \u2018Fair Values\u2019 in 2021 Gives a Different Perspective"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/fv-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"An Aggregated List of Cryptocurrency 'Fair Values' in 2021 Gives a Different Perspective\" loading=\"lazy\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/fv-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv-760x428.jpg 760w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv.jpg 1280w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\"><\/p>\n<p><strong>During the last decade, cryptocurrency users have leveraged a number of coin market capitalization aggregators, in order to check in on a crypto asset\u2019s price and the project\u2019s overall market valuation. However, there\u2019s also a number of crypto price aggregators that follow a different method of recording market caps, in contrast to multiplying the supply by the price of each unit. The web portal coinfairvalue.com attempts to measure \u2018fair values\u2019 by using the current usage of each coin and without any implied speculation.<\/strong><\/p>\n<h2>Coinfairvalue.com Is a Lot Different Than Traditional Market-Cap Aggregators<\/h2>\n<p><a href=\"https:\/\/markets.bitcoin.com\/\">Crypto price aggregators<\/a> measure the spot price of each crypto asset and then multiply that number times the circulating supply of each digital currency. Then an aggregator like our web portal <a href=\"https:\/\/markets.bitcoin.com\/\">markets.Bitcoin.com<\/a>, lists each crypto market cap in order from the largest valuation to the least. There are also market cap aggregators that measure cryptocurrencies like bitcoin (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a>) and <a href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\">ethereum (ETH)<\/a> up against the top assets in the world which include stocks like Apple and Amazon. Currently, according to <a href=\"https:\/\/assetdash.com\/\">assetdash.com<\/a> data, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a> is the tenth-largest asset in the world just below Alibaba Group Holding (BABA) shares.<\/p>\n<figure aria-describedby=\"caption-attachment-440899\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-440899 size-full\" title=\"An Aggregated List of Cryptocurrency 'Fair Values' in 2021 Gives a Different Perspective\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/fv3000000.jpg\" alt=\"An Aggregated List of Cryptocurrency 'Fair Values' in 2021 Gives a Different Perspective\" width=\"1240\" height=\"250\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/fv3000000.jpg 1240w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv3000000-300x60.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv3000000-1024x206.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv3000000-768x155.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv3000000-696x140.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/fv3000000-1068x215.jpg 1068w\" sizes=\"auto, (max-width: 1240px) 100vw, 1240px\"><figcaption class=\"wp-caption-text\">Fair value and market value are not the same.<\/figcaption><\/figure>\n<p>Two years ago in the summer of 2018, news.Bitcoin.com <a href=\"https:\/\/news.bitcoin.com\/this-cryptocurrency-data-site-lists-coins-by-fair-market-value\/\">reported<\/a> on another type of crypto price aggregator that leverages what\u2019s called \u2018fair value.\u2019 Fair value is a broad measure and it is not the same as market value. Oftentimes, the metric is used in accounting and it can be used to measure an asset or a company\u2019s actual worth. Oftentimes, fair value estimates can be found on a firm\u2019s quarterly financial statements alongside the market valuation. The aggregator called <a href=\"https:\/\/www.coinfairvalue.com\/\">coinfairvalue.com<\/a> has used the methodology behind the \u201cCurrencies Fair Value\u201d model published by @pablompa back in 2017.<\/p>\n<p>\u201cOne of the most interesting parts of Currencies Fair Value model is that it arrives at the rational conclusion that currencies must be trading at their fair value when the number of speculative trades in the particular currency itself is negligible with respect to the total number of overall trades conducted using the same currency as a tool,\u201d the web portal details.<\/p>\n<p>The website further adds:<\/p>\n<blockquote>\n<p><em><strong>Calculating an exact fair value for a currency with respect to another currency can be laborious if done rigorously. The trickiest part would be integrating the future expected supply to obtain the Total Discounted Supply. Nonetheless, one can take some approximations for a quick calculation.<\/strong><\/em><\/p>\n<\/blockquote>\n<figure aria-describedby=\"caption-attachment-440882\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-440882 size-full\" title=\"An Aggregated List of Cryptocurrency 'Fair Values' in 2021 Gives a Different Perspective \" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/818-scaled.jpg\" alt=\"An Aggregated List of Cryptocurrency 'Fair Values' in 2021 Gives a Different Perspective \" width=\"2560\" height=\"480\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/818-scaled.jpg 2560w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-300x56.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-1024x192.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-768x144.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-1536x288.jpg 1536w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-2048x384.jpg 2048w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-696x131.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-1392x261.jpg 1392w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-1068x200.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/818-1920x360.jpg 1920w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><figcaption class=\"wp-caption-text\"><a href=\"https:\/\/www.coinfairvalue.com\/\">Coinfairvalue.com<\/a> values that were recorded on August 9, 2018.<\/figcaption><\/figure>\n<h2>Coinfairvalue.com\u2019s Aggregated List in 2021<\/h2>\n<p>Looking at the crypto assets fair value (FV) on coinfairvalue.com is a lot different than traditional market-cap aggregators. For instance, it includes the U.S. dollar and the euro as well which are the top two currencies on the list.<\/p>\n<figure aria-describedby=\"caption-attachment-440880\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-440880 size-full\" title=\"An Aggregated List of Cryptocurrency 'Fair Values' in 2021 Gives a Different Perspective \" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/cfv222-scaled.jpg\" alt=\"An Aggregated List of Cryptocurrency 'Fair Values' in 2021 Gives a Different Perspective \" width=\"2560\" height=\"1800\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/cfv222-scaled.jpg 2560w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-300x211.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-1024x720.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-768x540.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-1536x1080.jpg 1536w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-2048x1440.jpg 2048w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-100x70.jpg 100w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-200x140.jpg 200w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-696x489.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-1392x979.jpg 1392w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-1068x751.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-597x420.jpg 597w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/cfv222-1920x1350.jpg 1920w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><figcaption class=\"wp-caption-text\"><a href=\"https:\/\/www.coinfairvalue.com\/\">Coinfairvalue.com<\/a> values that were recorded on February 5, 2021.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\">Bitcoin<\/a> is below the USD and EUR, but according to the FV recording on coinfairvalue.com <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a>\u2019s FV should be $10,960 per unit. This is a stark contrast to <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a>\u2019s currency price which is hovering well above the $30k handle and close to the $40k zone. <a href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\">Ethereum (ETH)<\/a> made headlines on Friday for crossing the $1,700 per handle price range. However, coinfairvalue.com\u2019s FV recording shows that <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> should be $351.13 per ether.<\/p>\n<p>The <a href=\"https:\/\/news.bitcoin.com\/ripple-ceo-brad-garlinghouse-lawsuit-xrp-crypto-security\/\">controversial<\/a> digital asset <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/XRP\" target=\"_blank\" rel=\"noopener\">XRP<\/a> isn\u2019t much different on coinfairvalue.com than other crypto cap aggregators. Although, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/XRP\" target=\"_blank\" rel=\"noopener\">XRP<\/a> should be $0.3942 per unit instead of today\u2019s $0.4592 per coin. Below <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/XRP\" target=\"_blank\" rel=\"noopener\">XRP<\/a> is <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\">bitcoin cash (BCH)<\/a> which is currently trading for $438.64 per <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\" target=\"_blank\" rel=\"noopener\">BCH<\/a> but according to the FV web portal, the <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\" target=\"_blank\" rel=\"noopener\">BCH<\/a> FV metric should be around $1,723.86 per coin.<\/p>\n<p>Other digital assets that show they should be worth more than they actually are, include crypto assets like crypto.com coin (CRO) and a few others. A great majority of coinfairvalue.com listings show that most coins are overvalued in terms of FV and the aggregate total of all the coins listed is around $445 billion. Again this is much less than the current market valuation of all 7,500+ crypto-assets in existence valued at more than $1 trillion.<\/p>\n<p><!-- growjs zone placement 31 --> <ins> <ins class=\"growjs-placement\"><\/ins> <\/ins> <!-- end of growjs zone placement --> <\/p>\n<p>Coinfairvalue.com is not the only attempt to figure out the fair value as cryptocurrency supporters in the past have attempted to do the same. News.Bitcoin.com has <a href=\"https:\/\/news.bitcoin.com\/honest-coinmarketcap-claims-to-provide-accurate-cryptocurrency-data\/\">studied<\/a> another rudimentary form of an FV crypto coin aggregator in the spring of 2018 when <a href=\"https:\/\/twitter.com\/andr3w321\/status\/995103105619345409\">Andrew Rennhack<\/a> created his \u201cHonest Coinmarketcap\u201d document.<\/p>\n<p>Despite the alternatives, it is likely that most people will leverage coin market cap aggregators that multiply the price by the supply. Albeit it is interesting to get a glimpse at so-called \u2018fair value metrics\u2019 to see a different perspective of the crypto assets that are often considered highly speculative.<\/p>\n<p><em><strong>What do you think about today\u2019s FV statistics from the website coinfairvalue.com? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the last decade, cryptocurrency users have leveraged a number of coin market capitalization aggregators, in order to check in on a crypto asset\u2019s price and the project\u2019s overall market valuation. However, there\u2019s also a number of crypto price aggregators that follow a different method of recording market caps, in contrast to multiplying the supply [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":54431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-54430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/54430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54430"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/54430\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/54431"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}