> For the complete documentation index, see [llms.txt](https://docs.satoshiterminal.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.satoshiterminal.io/research-suite/data-coverage/tokenomics/token-valuation.md).

# Token Valuation

**Token Valuation** utilizes various metrics to determine the fair market value of tokens. It combines data from market capitalization, liquidity, utility, adoption rate, and overall token performance.

**Usage**:

* **Intrinsic Value Calculation**: By assessing circulating supply, market cap, and the level of adoption, users can estimate whether a token is overvalued or undervalued in the market.
* **Market Dynamics**: Token valuation reflects the token's utility and demand within the network, directly influencing its market price.

**Key Data**:

* **Market Capitalization**: Market value based on current token price and circulating supply.
* **Utility Score**: The use cases driving token demand, such as governance, staking, and DeFi participation.
* **Volatility Analysis**: Historical price fluctuations, price discovery, and liquidity impact.