🔢 Primary Market|Low Circulating Supply, High FDV
· Key point: Shortly after the report was published, Binance said it welcomes small and medium-sized projects with solid fundamentals to apply for listing, and that it will pay attention to whether the initial circulating supply ratio is appropriate.
· Why it matters: High prices shortly after listing are often related to a limited circulating supply, so these prices may not reflect the valuation once all tokens are in circulation.
· Keep in mind: When evaluating new tokens, first calculate the ratio of circulating market cap to FDV, then check the unlock schedule for the coming year.
$BNB 742.93(+0.05%)

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In highly volatile markets, manage your risk first.