Fully diluted market cap – the market capitalization of the cryptocurrency if the entire future supply of coins (max or total) was in circulation.
Fully diluted market capitalization is an important metric because it allows investors to take into account the rate of issuance of new coins and assess the impact of inflation on the value of a coin.
Fully diluted market capitalization = Current Price * Max supply.
If a white paper of the coin doesn’t specify the maximum supply, then this variable will not be available and FD MCAP can’t be calculated.