Knowledge Notes | Low Circulating Supply, High FDV
① Shortly after the report was published, Binance said it welcomes listing applications from small and medium-sized projects with solid fundamentals, and will consider whether the initial circulating supply ratio is appropriate when listing them.
② The ratio of circulating market cap to FDV offers a rough indication of how many tokens are yet to enter circulation: a ratio of 20% means about 80% have not yet entered the market.
③ When researching a new token, first calculate the ratio of its circulating market cap to FDV, then review its unlock schedule for the coming year.
$BNB 742.3 (+0.41%)
#BNB
① Shortly after the report was published, Binance said it welcomes listing applications from small and medium-sized projects with solid fundamentals, and will consider whether the initial circulating supply ratio is appropriate when listing them.
② The ratio of circulating market cap to FDV offers a rough indication of how many tokens are yet to enter circulation: a ratio of 20% means about 80% have not yet entered the market.
③ When researching a new token, first calculate the ratio of its circulating market cap to FDV, then review its unlock schedule for the coming year.
$BNB 742.3 (+0.41%)
#BNB