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Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV
![Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV](https://dailybusinessinvestor.com/wp-content/uploads/2024/05/1716228328-1716228293181_processed-2837Wd-800x448-2.jpg)
Small and Medium Crypto Projects often struggle with liquidity due to low float and high Fully Diluted Valuation (FDV). Low float refers to a scenario where only a minuscule percentage of the total token supply is available for trading. High FDV implies that the value of all tokens, including those not currently in circulation, is extraordinarily high.
Binance, one of the world’s leading cryptocurrency exchanges, is encouraging these projects to address these issues as they could affect the price and stability of their tokens