[Quick explainer] Why does “low circulating supply, high FDV” keep coming up for discussion?
A report by Binance Research suggests that low circulating supply combined with a high FDV could lead to excessive selling pressure in the future, which may not be favorable for ordinary investors.
“Low circulating supply, high FDV” describes a supply structure; it is not a verdict on the merits of any particular project. It should also be considered alongside the token unlock schedule and actual demand.
The report discussing “low circulating supply, high FDV” was published by Binance Research. $BNB is the native token of the Binance ecosystem.
Every potential return comes with corresponding risks. Take a close look at how much you could lose in the worst-case scenario.

This is not a recommendation. Make your own decisions.