Price runs. FDV stays heavy. $ZRO Last cycle ~$7 = ~$7B FDV. Today even after the pump, we’re still far below that zone, but unlocks haven’t magically disappeared. Headlines create momentum. Supply mechanics decide ceilings.
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Price runs. FDV stays heavy. $ZRO Last cycle ~$7 = ~$7B FDV. Today even after the pump, we’re still far below that zone, but unlocks haven’t magically disappeared. Headlines create momentum. Supply mechanics decide ceilings.