IRYS Rises 1,200% Above May Listing Peak With $561 Million Circulating Value

IRYS has climbed 1,200% above its May listing peak, putting the token's circulating valuation near $561 million at the latest price. The valuation covers the tokens currently in circulation. That amount represents 20% of IRYS' total supply, so the $561 million figure applies to the circulating portion rather than the full supply. The price gain and valuation measure different things. The 1,200% increase compares the latest price with the May listing peak; the circulating valuation combines the latest price with the quantity of tokens circulating.

Also reported by The Defiant.

Source: TokenPost