Coin

<ul class="news-points">
 <li>&nbsp;Binance starts initiative against inflated token valuations</li>
 <li>Exchange seeks projects with strong fundamentals</li>
 <li>Initiative aims to protect retail investors</li>
</ul>
Binance, the world’s leading cryptocurrency exchange, has unveiled a <a href="https://www.binance.com/en/support/announcement/calling-for-project-applicants-95b023902fef42e6a630425170460656" target="_blank" rel="noopener noreferrer nofollow">new initiative</a> aimed at fostering a more balanced and equitable crypto market environment. The exchange seeks to address a growing concern: token launches with excessively high Fully Diluted Valuations (FDVs) and limited initial circulating supplies.
This strategy involves some projects releasing a small number of tokens at launch, creating an illusion of scarcity to inflate the price. These projects often hold a much larger reserve that could be released later, potentially exerting downward pressure on prices for retail investors.
In response, Binance seeks to empower promising small and medium-sized projects with sound fundamentals. The exchange outlined its proactive approach in a <a href="https://www.binance.com/en/research/analysis/low-float-and-high-fdv-how-did-we-get-here" target="_blank" rel="noopener noreferrer nofollow">recent report</a> titled “Low Float &amp; High FDV: How Did We Get Here?”
Binance is now inviting applications from high-quality teams and projects across various sectors with moderate valuations to participate in its listing programs. These programs encompass di…
The post <a href="https://coinedition.com/binance-revamps-crypto-listings-focus-on-fundamentals-not-hype/" rel="noopener noreferrer nofollow">Binance Revamps Crypto Listings: Focus on Fundamentals, Not Hype</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Binance Revamps Crypto Listings: Focus on Fundamentals, Not Hype

Coin Edition

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