The post Binance Backs Small Crypto Projects appeared first on Coinpedia Fintech News

Binance has announced its response to the issues caused by high Fully Diluted Valuation (FDV) and low circulation tokens. Binance stated that it would prioritize support for small and medium cryptocurrency projects, including Direct Listings, Launchpools, and Megadrops. These projects will be required to reserve many token allocations for community users as Binance strives to promote a more balanced and robust market environment and mitigate risks in certain market aspects.

The post Binance Backs Small Crypto Projects appeared first on Coinpedia Fintech News

Binance has announced its response to the issues caused by high Fully Diluted Valuation (FDV) and low circulation tokens. Binance stated that it would prioritize support for small and medium cryptocurrency projects, including Direct Listings, Launchpools, and Megadrops. These projects will be required to reserve many token allocations for community users as Binance strives to promote a more balanced and robust market environment and mitigate risks in certain market aspects.