🐋 Beyond watching the market, this is something you should understand too: low circulating supply, high FDV
Not long after the report was published, Binance said it welcomed applications from small and mid-sized projects with solid fundamentals, and that it would pay attention to whether the initial circulating supply was at a suitable level when listing them.
High prices in the early stages after listing are often related to a small amount of tokens being in circulation. Such prices may not reflect the valuation once all tokens are in circulation.
This report discussing “low circulating supply, high FDV” was published by Binance Research. $BNB is the native token of the Binance ecosystem.
If you don't understand a product, it's best to steer clear. Try it with a small amount first.
#BNB
Just my personal opinion—please consider it rationally.
Not long after the report was published, Binance said it welcomed applications from small and mid-sized projects with solid fundamentals, and that it would pay attention to whether the initial circulating supply was at a suitable level when listing them.
High prices in the early stages after listing are often related to a small amount of tokens being in circulation. Such prices may not reflect the valuation once all tokens are in circulation.
This report discussing “low circulating supply, high FDV” was published by Binance Research. $BNB is the native token of the Binance ecosystem.
If you don't understand a product, it's best to steer clear. Try it with a small amount first.
#BNB
Just my personal opinion—please consider it rationally.