Study Notes | Low Circulating Supply, High FDV
① “Low circulating supply, high FDV” refers to a token having a very low circulating supply when it launches, while its fully diluted valuation (FDV), based on the current price, is very high.
② In May 2024, Binance Research published a report analyzing the “low circulating supply, high FDV” phenomenon.
③ Don’t judge whether a new token is “cheap” by comparing only its circulating market cap with that of older projects. Look at it on an FDV basis, and the picture may be quite different.
$BNB 740.73（+1.74%）
Just my personal take—take it with a grain of salt. Not financial advice.
① “Low circulating supply, high FDV” refers to a token having a very low circulating supply when it launches, while its fully diluted valuation (FDV), based on the current price, is very high.
② In May 2024, Binance Research published a report analyzing the “low circulating supply, high FDV” phenomenon.
③ Don’t judge whether a new token is “cheap” by comparing only its circulating market cap with that of older projects. Look at it on an FDV basis, and the picture may be quite different.
$BNB 740.73（+1.74%）
Just my personal take—take it with a grain of salt. Not financial advice.