Only a small portion of the tokens are in circulation at launch. What happens to the rest?
Definition: Shortly after the report was published, Binance said it welcomes applications from small and medium-sized projects with solid fundamentals, and that it will consider whether the initial circulating supply is appropriate when evaluating them.
The reasoning: “Low circulation, high FDV” describes a supply structure; it is not a verdict on whether a specific project is good or bad. The unlock schedule and actual demand also need to be considered.
This report discussing “low circulation, high FDV” was published by Binance Research. $BNB is the native token of the Binance ecosystem.
Understanding the rules helps you make informed decisions; it is not a way to predict price movements.

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