# Odds of PAPER's FDV Topping $25 Million Fall to 52% in a Week By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/39721 Published: 2026-10-24T06:31:01.000Z Updated: 2026-10-24T06:31:01.000Z Section: Investing > The odds concern whether PAPER’s fully diluted valuation would exceed $25 million one day after launch; they stood at 95% a week earlier. Prediction-market odds that PAPER’s fully diluted valuation would surpass $25 million one day after launch were about 52% on Oct. 23, down from 95% a week earlier. PaperTrade dropped an earlier plan to allow PAPER transfers, leaving the token nontransferable. That limits access to secondary-market liquidity. A change to the token’s issuance model has also raised dilution concerns for early recipients. TokenPost previously covered PaperTrade’s position on [off-contract PAPER transfers](). ## Links in this article - [off-contract PAPER transfers](https://www.tokenpost.com/news/technology/35361)