Trading Notes | Low Circulating Supply, High FDV
① A Binance Research report analyzed more than ten recently listed new tokens. At listing, their circulating supply accounted for roughly 6% to 20% of their total supply.
② Not long after the report was published, Binance said it welcomed listing applications from small and medium-sized projects with solid fundamentals, and that it would consider whether the initial circulating supply was at a reasonable level during its evaluation.
③ New tokens with very low initial circulating supplies tend to be more volatile. Keep your investment within an amount you can afford to lose entirely.
$BNB 693.1(-2.95%)