Tokenized Home Equity Loan FIGR_HELOC Hits All-Time High Market Cap
A tokenized home equity loan from Figure, known as FIGR_HELOC, has reached an all-time high market capitalization of $24.61 billion, placing it in tenth place among the largest cryptocurrencies on CoinGecko's list.
However, a closer look at the data reveals that the token's market capitalization is reported differently by various sources, with CoinMarketCap listing it as 15th and DappRadar at $21.14 billion.
The discrepancy arises from differing estimates of circulating supply, which are not publicly available for verification.