The VC valuation of Fuel is 1 billion USD, while the market capitalization of Bubblemaps is currently only 11 million and 6 million.

PANews, December 23 - According to the comparison chart of VC valuations and current market capitalizations released by CryptoRank, most projects' market capitalizations have significantly shrunk compared to venture capital valuations, reflecting a correction of overly high valuations after the shift in market sentiment. Data shows that the VC valuations of the Humanity Protocol, Fuel Network, and Bubblemaps projects are all $1 billion, but their current market capitalizations are only $285 million, $11 million, and $6 million, respectively. The market capitalizations of projects such as Plasma, ICNT, DoubleZero, Camp Network, and Treehouse are also far below their VC valuations, standing at $224 million, $247 million, $373,000, $15 million, and $16 million, respectively. In addition, the market capitalizations of projects such as Everlyn, SoSoValue, Privasea, Bitlight, Momentum, Kyo Finance, and Yieldbasis are all below their VC valuations, with Everlyn's market capitalization being only $26 million, while its VC valuation reaches $250 million. CryptoRank reminds investors to calmly assess risks before investing to avoid being misled by market sentiment or concept hype.