Let’s talk about low float and high FDV.
A report by Binance Research reviewed more than a dozen recently launched tokens, whose circulating supply at launch accounted for only about 6% to 20% of their total supply.
Put simply, high prices in the early stages after launch are often related to the small amount of tokens in circulation. Such prices may not reflect the valuation once all tokens are in circulation.
This report discussing “low float, high FDV” was published by Binance Research, and $BNB is the native token of the Binance ecosystem.