Bankless Founder: Bitcoin 'Clone Coin' Rises Again, PRL and QTC Valuations Rise Bankless founder David Hoffman posted that a batch of tokens he referred to as "Bitcoin clones of 2017" have recently become popular again. Among them, PRL rose 30% this week, with a fully diluted valuation (FDV) of approximately $4.2 billion; QTC has risen 300% this month, valued at approximately $1.8 billion with a total supply of 21 million pieces. Hoffman also mentioned that it is worth noting that tokens with a fixed supply cap of 21 million are gaining valuations in the billions of dollars.