Let’s talk about low float and high FDV.
Shortly after the report was released, Binance said it welcomes applications for listing from small and midsize projects with solid fundamentals, and that it will consider whether the initial circulating supply is at an appropriate level during its evaluation.
One thing that’s easy to overlook: high prices shortly after listing are often related to a small circulating supply. Such prices don’t necessarily reflect the valuation once all the tokens are in circulation.
New tokens with very low initial circulating supplies tend to be more volatile, so keep your investment within an amount you can afford to lose.
This report on “low float, high FDV” was published by Binance Research, and $BNB is the native token of the Binance ecosystem.
#BNB
Shortly after the report was released, Binance said it welcomes applications for listing from small and midsize projects with solid fundamentals, and that it will consider whether the initial circulating supply is at an appropriate level during its evaluation.
One thing that’s easy to overlook: high prices shortly after listing are often related to a small circulating supply. Such prices don’t necessarily reflect the valuation once all the tokens are in circulation.
New tokens with very low initial circulating supplies tend to be more volatile, so keep your investment within an amount you can afford to lose.
This report on “low float, high FDV” was published by Binance Research, and $BNB is the native token of the Binance ecosystem.
#BNB
