Bankless founder David Hoffman highlighted a resurgence of "2017-era Bitcoin clone coins," with PRL surging 30% this week to a fully diluted valuation (FDV) of approximately $4.2 billion and QTC gaining 300% this month, reaching a valuation of about $1.8 billion based on its total supply of 21 million tokens. Hoffman noted that these tokens, which adopt Bitcoin's fixed supply cap of 21 million, are commanding billion-dollar-level valuations as market interest in the legacy altcoin category heats up again.