This list ranks the projects launched in April based on their FDV (fully diluted market value), and there are some particularly notable names.

At the top of the list is $SIGN, with an FDV exceeding 1 billion dollars. It is followed by projects like $BABY and $INIT, which also launched with high valuations.

Projects like PROMPT, WCT, HYPER, and KERNEL have also launched with valuations in the hundreds of millions of dollars. However, the important detail here is this: although FDV is high, the current market values show a significant difference.

For example, some projects have launched with an FDV over 100 million dollars but have now dropped to the range of 20–30 million dollars. This reminds us that we must analyze metrics such as how much supply is locked and how much is in circulation.

In other words, it is necessary to consider not just FDV when making decisions; one must also take a look at the current market caps of the projects and their token economies.