Home Depot rStock Tokenomics: A Closer Look

Home Depot's rStock (RHD) has been gaining attention in the market, and understanding its tokenomics is crucial for investors. Total supply of RHD tokens stands at $42.54 million, with a circulating supply matching that figure.

The maximum supply is also capped at $42.54 million, indicating a fixed number of tokens in existence. This limited supply could contribute to potential long-term price appreciation, assuming low inflation rates and transparent token distribution.

FDV (Fully Diluted Valuation) for RHD stands at $12.76K, calculated by multiplying the current price with max supply. However, this figure is relatively low compared to the market cap, potentially signaling overvaluation.