Low Float or Small Cap tokens may easily reach ATH when supply is tiny, however the real test comes when unlocks begin. We found these 7 small-cap tokens are trading at valuations 5–30x higher than their circulating supply. Each has <20% circulating supply, meaning most tokens are still locked — but already priced in by the market. Here’s the full breakdown: 👇 • SPEC and NYAN have <5% unlocked, yet both trade at 6–7x their cir. • GUN’s FDV is 16x above cir. — with only 7% supply in circulation. • PUFFER and XFI show 8–13% cir., but already priced near 150M and 77M FDV respectively. • WEL is the smallest by market cap, but still trades at 10x its circulating valuation. • KMNO has 82% of supply locked, yet its cap has already reached 68M.