Guavy AI Editorial TeamSentiment: 4Clout: 78

Sherwood Protocol Surges Against Bitcoin

The Sherwood Protocol (WOOD) cryptocurrency has seen a significant increase in its value against Bitcoin (BTC) over the past day. According to CoinGecko, the price of 1 WOOD is now BTC0.063437, which represents a 53.3% rise since yesterday.

Looking at the last 24 hours, the total volume of Sherwood Protocol traded was BTC2.209648, indicating moderate trading activity. The circulating supply of WOOD remains at 1B, while its max supply is also capped at 1B.

The current market capitalization of WOOD is significantly lower compared to its fully diluted valuation (FDV), with the latter standing at BTC330.2425. This indicates that a larger portion of WOOD's total supply remains locked up or unissued.