Eli Lilly’s market capitalisation hit the $1tn mark in the past week, becoming the first healthcare company in the world to join the exclusive club dominated by technology companies. Buoyed by unprecedented demand for its weight loss drugs, the US drugmaker hit the trillion-dollar mark for the total value of its shares on 21 November. Share price in Lilly closed at $1,059.70 on 21 November, reflecting a 27% increase since January 2025. By trading at market open 24 November, share prices retreated slightl ...

Core Viewpoint - CoinGecko is considering adding a new metric to better represent token supply, which could impact how cryptocurrencies are valued by investors who rely on market capitalisation and fully-diluted value (FDV) [1][2][3] Group 1: Current Metrics and Industry Debate - Market capitalisation refers to the value of all tokens in circulation, while FDV includes the value of all tokens in existence, even those not in circulation [2] - Critics argue that relying solely on these topline numbers is misleading, and there is a need for standardisation in the industry [2] - CoinGecko has acknowledged the ongoing debate regarding unallocated tokens and is working towards a solution [3][4] Group 2: Hyperliquid Token Case - The discussion was sparked by a proposal from investors Hasu and Jon Charbonneau to burn 45% of all Hyperliquid tokens, which they believe are unlikely to enter circulation [5][6] - Hyperliquid has a trading volume exceeding $2.8 trillion and launched its HYPE token in November, with a market capitalisation of over $12.6 billion and an FDV of $46.8 billion [5][6] - The investors argue that standard FDV calculations for HYPE are inflated due to approximately 45% of tokens being held in funds unlikely to release them into circulation [6][7]