ronin's fully diluted valuation is $183 million. that means if all the coins were circulating, that would be the market cap at current price. then there are these compartments: 31m, rewards multi-sig 29m, community incentives multi-sig 89m, SM multi-sig (unlocked) 50m, SM multi-sig (locked) 72m, ecosystem fund that's 271m accounted for then there's the 279m not released yet. then there's the 258m in staking. that's 271m + 279m + 258m = 828m that means there's really only 172m really sloshing around. at 18 cents a coin, that's $30m. peanuts in the scheme of things.
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