Study Notes | Low Circulating Supply, High FDV
① Shortly after the report was released, Binance said it welcomes applications for listing from small and mid-sized projects with solid fundamentals, and will consider whether the initial circulating supply is appropriate at the time of listing.
② “Low circulating supply, high FDV” refers to a token having a very low circulating supply when it is listed, while its fully diluted valuation (FDV), based on the current price, is very high.
③ Don’t judge whether a new coin is “cheap” just by comparing its circulating market cap with that of older projects. Looking at FDV may tell a different story.
$BNB 727.84（+0.036%）
① Shortly after the report was released, Binance said it welcomes applications for listing from small and mid-sized projects with solid fundamentals, and will consider whether the initial circulating supply is appropriate at the time of listing.
② “Low circulating supply, high FDV” refers to a token having a very low circulating supply when it is listed, while its fully diluted valuation (FDV), based on the current price, is very high.
③ Don’t judge whether a new coin is “cheap” just by comparing its circulating market cap with that of older projects. Looking at FDV may tell a different story.
$BNB 727.84（+0.036%）